Nova64000 (OP)
Newbie
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February 28, 2024, 08:01:33 PM |
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Hey,
I'm new to this forum and new to Crypto. This past October I invested a $1000 in Pangolin when it was less than two cents. My very first Crypto investment. I then dollar cost averaged about $2300 into it. My profile fluctuated between $5-10k, up until recently. This past week Pangolin surged in value. At one point it got up to 85 cents a coin and then it fell in the 40 to 50 cent range where it is now.. I am debating on whether to cash it out or hold on to it. I am the type of person who holds onto investments long term. Even though it is down from it's peak, There is always the possibility that it could rebound at some point....
Thanks for any advice in advance...
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BitMaxz
Legendary
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Merit: 3161
Is the $100k BTC possible?
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February 28, 2024, 08:17:44 PM |
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This token is above the top 300 marketcap since most crypto are increasing wild now there is still a chance that this token will bounce back but we are not sure. This token is not so popular I never heard of this but if I were you if you already made a profit secure the amount that you invested and only play with your profit and do a reverse DCA so that you don't lose the opportunity to get more profit if it fluctuates again.
You should also have a backup plan if ever it doesn't fluctuate you can sell it right away or if you believe it still have a chance that this token will bounce back then gradually sell it so that if it bounces back you still have a few tokens in your hands that you can exchange later if you made a profit.
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Stalker22
Legendary
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Activity: 1680
Merit: 1411
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February 28, 2024, 11:00:06 PM |
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Hey, ~
Hey, congrats on your Pangolin journey so far! As much as we would all love to see our investments rebound again, the truth is it could also dip further. I tend to take a fairly conservative investing approach - if something surged in value by a certain amount, I usually take a bit of profit and wait if I can buy back later. But thats just what works for me and my risk tolerance; you should ultimately do what feels right for your own goals and circumstances. Wishing you the best with your investments!
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Reatim
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February 29, 2024, 02:02:21 AM |
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Hey,
I'm new to this forum and new to Crypto. This past October I invested a $1000 in Pangolin when it was less than two cents. My very first Crypto investment. I then dollar cost averaged about $2300 into it. My profile fluctuated between $5-10k, up until recently. This past week Pangolin surged in value. At one point it got up to 85 cents a coin and then it fell in the 40 to 50 cent range where it is now.. I am debating on whether to cash it out or hold on to it. I am the type of person who holds onto investments long term. Even though it is down from it's peak, There is always the possibility that it could rebound at some point....
Thanks for any advice in advance...
Nice touch there , since you mentioned being a Long term investors so why having second thought here? aren't you satisfy or trusting this project? sorry to say but I know nothing about this coin but made me think why instead of buying Bitcoin for a beginner yet you decide buying this one? but you have gain much now so maybe its best for you to never become greedy , imagine buying at 2 cents and climbed up to 85 cents yet you did not sell? seems like there is a catch in this post either this is for shilling or you are just a Greedy type of investor.
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FinePoine0
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February 29, 2024, 02:56:21 AM |
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You want to hold it for a long time as it has as much risk as it is an altcoin. Let's not forget that this is not a popular coin, so I wouldn't ask you to hold it for long. If you want to earn your invested dollars and profit, then you should keep selling with the backup DCA method. The longer you invest, the higher your risk. Reliable investments on common altcoins. So I think you keep 30% of the money and save the remaining 70%, and you invest the remaining 40% in Bitcoin and 30% of the assets are your backup.
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rodskee
Full Member
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Activity: 2548
Merit: 205
yahoo62278
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February 29, 2024, 04:49:20 AM |
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You want to hold it for a long time as it has as much risk as it is an altcoin. Let's not forget that this is not a popular coin, so I wouldn't ask you to hold it for long. If you want to earn your invested dollars and profit, then you should keep selling with the backup DCA method. The longer you invest, the higher your risk. Reliable investments on common altcoins. So I think you keep 30% of the money and save the remaining 70%, and you invest the remaining 40% in Bitcoin and 30% of the assets are your backup.
I want to second this , and I think what he have earned from buying in just 2 cents is more than enough to consider a wide spread of profit not unless he wanted to risk more and don't blame us if the price goes back to that level or will even go below 2 cents , sometimes profit is already in our doorsteps but we tend to look for more ending we earn nothing. Hey,
I'm new to this forum and new to Crypto. This past October I invested a $1000 in Pangolin when it was less than two cents. My very first Crypto investment. I then dollar cost averaged about $2300 into it. My profile fluctuated between $5-10k, up until recently. This past week Pangolin surged in value. At one point it got up to 85 cents a coin and then it fell in the 40 to 50 cent range where it is now.. I am debating on whether to cash it out or hold on to it. I am the type of person who holds onto investments long term. Even though it is down from it's peak, There is always the possibility that it could rebound at some point....
Thanks for any advice in advance...
Trust not that much in Altcoins mate , its best to take your profit and move to another or suffer that consequences once the price drops hardly in the coming days.
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batang_bitcoin
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February 29, 2024, 06:07:05 AM |
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Take that profit or you'll never see it again. I've seen in the past a lot of people that have missed taking profits from coins like this because they think that this is bull market and everything goes up as crazy. Yes, that's how it goes but you'll never know how long that goes to the coins that you're holding. That's why if you still have some moments to take profits, you have to do it or else you'd be missing to take one honestly. So, while you still have some moments and opportunities to sell and take that profit, don't hesitate in doing so. But why is it that this is just a story that you want to give some exposure to pangolin and want people to buy it? Hmmm....
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peter0425
Sr. Member
Offline
Activity: 2828
Merit: 458
Vave.com - Crypto Casino
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February 29, 2024, 06:24:14 AM |
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Take that profit or you'll never see it again. I've seen in the past a lot of people that have missed taking profits from coins like this because they think that this is bull market and everything goes up as crazy. Yes, that's how it goes but you'll never know how long that goes to the coins that you're holding. That's why if you still have some moments to take profits, you have to do it or else you'd be missing to take one honestly. So, while you still have some moments and opportunities to sell and take that profit, don't hesitate in doing so. But why is it that this is just a story that you want to give some exposure to pangolin and want people to buy it? Hmmm....
he had even taken when the price climbed at 85 cents and now going to 40-50k seems to be enough to consider an generous earning , and also I don't know why being a newbie yet has those understanding ? let us see where he is heading because He also mentioned being a Long term holder when we are talking about altcoin here that mostly pumped and dumped.
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batang_bitcoin
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February 29, 2024, 06:37:08 AM |
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Take that profit or you'll never see it again. I've seen in the past a lot of people that have missed taking profits from coins like this because they think that this is bull market and everything goes up as crazy. Yes, that's how it goes but you'll never know how long that goes to the coins that you're holding. That's why if you still have some moments to take profits, you have to do it or else you'd be missing to take one honestly. So, while you still have some moments and opportunities to sell and take that profit, don't hesitate in doing so. But why is it that this is just a story that you want to give some exposure to pangolin and want people to buy it? Hmmm....
he had even taken when the price climbed at 85 cents and now going to 40-50k seems to be enough to consider an generous earning , and also I don't know why being a newbie yet has those understanding ? let us see where he is heading because He also mentioned being a Long term holder when we are talking about altcoin here that mostly pumped and dumped. But I doubt it that he'd come back to say what has the decision he made. Because if I am right, this is just all about giving us the idea to buy pangolin to add up to the volume and market cap. Otherwise, good luck to his decision and I hope that he won't make any mistake on this bull run just as how I've seen a lot of these folks that did the same in the past and I feel sorry about them. It's already money but turned to ashes with just a mistake of being greedy.
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bluebit25
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February 29, 2024, 03:21:38 PM |
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OP, it sounds like you're happy with your holding and in a good position with it, as you talk about you're getting x20 profit if you bought since Oct 2023.
For me, to have a good buying position, make sure to cover the principal and try to use the remaining profits to accompany the project that you have faith in. And we're just starting with the price increase season, so don't be too confused and make choices you'll regret later, but if you've made a decision, don't worry too much about what the future will be like, just stick to it.
Looking back at the project, I see that the ATH level is quite large compared to the current price, but perhaps this is a problem for altcoins when going through the down season, but some expectations can be placed on the capitalization value reaching this level ATH is back. And speculating raise the target level to $1 - $5, but that is not advice here, just speculation according to the chart and current context, because I also do not pay attention to this project.
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Uhwuchukwu53
Member
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Activity: 350
Merit: 44
★Bitvest.io★ Play Plinko or Invest
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February 29, 2024, 04:46:51 PM |
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This token is above the top 300 marketcap since most crypto are increasing wild now there is still a chance that this token will bounce back but we are not sure. This token is not so popular I never heard of this but if I were you if you already made a profit secure the amount that you invested and only play with your profit and do a reverse DCA so that you don't lose the opportunity to get more profit if it fluctuates again.
You should also have a backup plan if ever it doesn't fluctuate you can sell it right away or if you believe it still have a chance that this token will bounce back then gradually sell it so that if it bounces back you still have a few tokens in your hands that you can exchange later if you made a profit.
This will be advice I will like you to pay much attention as it speak allot in my mind. Though the issue here is a matter of emotion. The coin fluctuation did not show it been stable and bounce back as fast as possible if any Fall occur, I see most if the rise on some crypto coin as a result of the up coming bull run. It's very important you take just as advice and leave the remaining should any Bear market occur that it could not rise or bounce back to your expectations.
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2Pizza410000BTC
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February 29, 2024, 05:07:27 PM |
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Hey,
I'm new to this forum and new to Crypto. This past October I invested a $1000 in Pangolin when it was less than two cents. My very first Crypto investment. I then dollar cost averaged about $2300 into it. My profile fluctuated between $5-10k, up until recently. This past week Pangolin surged in value. At one point it got up to 85 cents a coin and then it fell in the 40 to 50 cent range where it is now.. I am debating on whether to cash it out or hold on to it. I am the type of person who holds onto investments long term. Even though it is down from it's peak, There is always the possibility that it could rebound at some point....
Thanks for any advice in advance...
OP I have never heard of the coin you mentioned before. But since you went from $2300 to $10000 it would have been better to sell your investment at that moment but you were too greedy to sell your investment. How effective it is to leave your investment now depends on you but consider if your coin is on a good exchange and I always think that since you have a lot of profit now you can leave your investment now and maybe hype later. may not be. If it goes down instead of being hyped you will lose more so if you have more than half of your investment then you can sell your coin.
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MainIbem
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February 29, 2024, 08:52:52 PM |
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As a smart investor take your capital from the investment and leave your profit you can gambling it knowing too well that you have pulled out you invested amount. This period seems very bullish and you can't predict what would happen next after now while holding investment you should mind the kind of investment you should hold if you think that you aren't secure with it, is better you sell out your capital invest in Bitcoin and leave your profits in pangolin.
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Hallroom
Member
Offline
Activity: 742
Merit: 21
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March 01, 2024, 02:53:46 AM |
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Hey,
I'm new to this forum and new to Crypto. This past October I invested a $1000 in Pangolin when it was less than two cents. My very first Crypto investment. I then dollar cost averaged about $2300 into it. My profile fluctuated between $5-10k, up until recently. This past week Pangolin surged in value. At one point it got up to 85 cents a coin and then it fell in the 40 to 50 cent range where it is now.. I am debating on whether to cash it out or hold on to it. I am the type of person who holds onto investments long term. Even though it is down from it's peak, There is always the possibility that it could rebound at some point....
Thanks for any advice in advance...
Pangolin coin is not very popular in the market which is why it is not a good idea for you to hold tokens of this coin for a long time. Divide the amount of money you have invested into three parts. Put one part in pangolin coins, one part in bitcoins, leave the reserve. So that with the reserve fund you can invest any coin at any time and use your money at any risk.
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peter0425
Sr. Member
Offline
Activity: 2828
Merit: 458
Vave.com - Crypto Casino
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March 01, 2024, 04:42:22 AM |
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Take that profit or you'll never see it again. I've seen in the past a lot of people that have missed taking profits from coins like this because they think that this is bull market and everything goes up as crazy. Yes, that's how it goes but you'll never know how long that goes to the coins that you're holding. That's why if you still have some moments to take profits, you have to do it or else you'd be missing to take one honestly. So, while you still have some moments and opportunities to sell and take that profit, don't hesitate in doing so. But why is it that this is just a story that you want to give some exposure to pangolin and want people to buy it? Hmmm....
he had even taken when the price climbed at 85 cents and now going to 40-50k seems to be enough to consider an generous earning , and also I don't know why being a newbie yet has those understanding ? let us see where he is heading because He also mentioned being a Long term holder when we are talking about altcoin here that mostly pumped and dumped. But I doubt it that he'd come back to say what has the decision he made. Because if I am right, this is just all about giving us the idea to buy pangolin to add up to the volume and market cap. Otherwise, good luck to his decision and I hope that he won't make any mistake on this bull run just as how I've seen a lot of these folks that did the same in the past and I feel sorry about them. It's already money but turned to ashes with just a mistake of being greedy. Indeed mate ,because like what you point here He may just shilling for this project and not an investor that he is pretending because an obvious way like what those shill account does for long now. they are creating thread asking this and that(but pointing to specific project) and never return of not even online after creating thread.
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Nova64000 (OP)
Newbie
Offline
Activity: 2
Merit: 0
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March 01, 2024, 03:31:42 PM |
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I'm going to sit on it for a little while and see where it goes. I didn't invest much in this coin. I'm in the green ether way. I bought it at .2 cents a coin in October. Then it spiked up to like 14 cents and settled down at 8 cents a coin. I was tempted to cash it out when it got up to 13 cents in mid December and my account had like $7k, Had I sold it then, I would be wishing that I had kept it now that it has pumped again
Some people say this coin has potential while others say that it is a dud. I know that some will say that I should have taken the money and run when it peaked at .80, but I'm willing to take my chances to see if it eventually goes higher.
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o48o
Legendary
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Activity: 3038
Merit: 1157
Leading Crypto Sports Betting & Casino Platform
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March 01, 2024, 06:28:07 PM |
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I'm going to sit on it for a little while and see where it goes. I didn't invest much in this coin. I'm in the green ether way. I bought it at .2 cents a coin in October. Then it spiked up to like 14 cents and settled down at 8 cents a coin. I was tempted to cash it out when it got up to 13 cents in mid December and my account had like $7k, Had I sold it then, I would be wishing that I had kept it now that it has pumped again
Some people say this coin has potential while others say that it is a dud. I know that some will say that I should have taken the money and run when it peaked at .80, but I'm willing to take my chances to see if it eventually goes higher.
I am not sure what charts are you looking at, as coinmarketcap shows the peak at $0.624, But if you really bought in at $0.02 why not at least take your initial investment out now? In that way you are not losing anything more then speculative money. There's no reason you have to have all in, you can always exit little bit at the time, just like with DCA but reverse. And after you get enough profits out, leave the moon bag and forget it for a while. No matter what happens, you are safe. And with every coin out there you hear people saying it will moon or it has died. Trust no one, as everyone has an agenda.
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Sophokles
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March 01, 2024, 07:03:09 PM |
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Hey,
I'm new to this forum and new to Crypto. This past October I invested a $1000 in Pangolin when it was less than two cents. My very first Crypto investment. I then dollar cost averaged about $2300 into it. My profile fluctuated between $5-10k, up until recently. This past week Pangolin surged in value. At one point it got up to 85 cents a coin and then it fell in the 40 to 50 cent range where it is now.. I am debating on whether to cash it out or hold on to it. I am the type of person who holds onto investments long term. Even though it is down from it's peak, There is always the possibility that it could rebound at some point....
Thanks for any advice in advance...
I saw this project today and not sure what causes the pump. But no matter how good a project is, if you haven't booked the profit yet then you are still bearing the risk of holding it. So the right approach is to book some profit which you can reinvest in some other project. I guess your money is already multipleX of their initial value so its a great chance for you to diversify your portfolio with the profit you made while you can still hold a big portion of your position to that project by holding the remains.
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kentrolla
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March 01, 2024, 09:14:42 PM |
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IMO these kind of price fluctuation is not good as it happens mostly with pump and dump coins and more over don't think of doing long term investment or hodling with any altcoins especially newer ones I would say Bitcoin will be the best option for long term investment not altcoins. I would suggest you to withdraw your initial investment amount with some profit and use the remaining profit to trade like buying at low and selling high since this coin is fluctuating. Even if you lose you will have your initial amount safe. I have not heard of this project and cannot trust such project hence think twice whether you really want to hodl this coin or sell it when it pumps next time under SL condition and switch to better coins.
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batang_bitcoin
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March 01, 2024, 11:27:54 PM |
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But I doubt it that he'd come back to say what has the decision he made. Because if I am right, this is just all about giving us the idea to buy pangolin to add up to the volume and market cap. Otherwise, good luck to his decision and I hope that he won't make any mistake on this bull run just as how I've seen a lot of these folks that did the same in the past and I feel sorry about them. It's already money but turned to ashes with just a mistake of being greedy.
Indeed mate ,because like what you point here He may just shilling for this project and not an investor that he is pretending because an obvious way like what those shill account does for long now. they are creating thread asking this and that(but pointing to specific project) and never return of not even online after creating thread. Yeah, most of these newbies and posts like this are for shilling only. But well, for the benefit of the doubt but it seems that our suspicions are going to be right when he don't come back here trying to tell what he's up to because that's what basically he's been doing. It's nothing new and we'd see more of them. When they're done with their task to post and get attention that they need, they will never come back but if he comes back and break that expectation of ours then we're wrong.
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