Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Delgboke on January 24, 2021, 03:28:41 PM
-
Hello house your contributions are needed in this article because many of have been involved in this mistake of sell off our valuable tokens and coins because of dear and doubt mostly because of too much greedy we have become a victim of had I know I would have not sell my tokens or I would have sell them before the price crash.my question here how can we avoid such mistake occuring in our crypto investment?
-
Hello house your contributions are needed in this article because many of have been involved in this mistake of sell off our valuable tokens and coins because of dear and doubt mostly because of too much greedy we have become a victim of had I know I would have not sell my tokens or I would have sell them before the price crash.my question here how can we avoid such mistake occuring in our crypto investment?
IMHO, I believe that it has a lot of factors that can be considered, first we really dont know accurately about the outcome of development in terms of coins or tokens prices the market, In short, we are just speculating since the very beginning and only hoping that the coins or tokens that we hold will be worth something in the future.
-
If am asked, I did say that there's no way to avoid "had I known" 100 percent, but it's chances of occurring can be reduced to the barest minimum of some precautions are strictly followed.
For example, you try and research very well before investing your hard earned money on any project, make sure the coin or token has a very strong use case, because some projects come up with some lame use case just to get investor's money and at the end of the day, the project might be alive but their coin or token will be dead cus of lack of strong use case for the coin or token.
Another example is not to listen or pay attention to fud, set a realistic target for yourself and don't get greedy, if you've researched the project very well and you trust where you put your money, then hold it tight and never sell until it hits your target, and ones it hits your target, don't get too greedy, sell and wait for the deep to buy in again or move on to another quality project.
-
I think there is nothing wrong when we invest in crypto, maybe we are out of luck.
I always see this happen with new coins that have a low price and then we sell them before the price drops.
It is difficult to expect returns when we invest in the short term, but for those who are experienced, will choose to hold coins because the project has a good product for the future.
You will get a lot of experience from that mistake and never worry, one day the coins you have today may be valuable in the future.
-
mostly because of too much greedy we have
The desire to earn big profit is not greediness. If it is then we can say to dream big is greediness. I guess the contentment is the problem here, and the wrong position, and the word "move on."
We analyzed, studies and put the orders in the best position that we thought. Because more of the time we are thinking to buy again once the tokens sold. Somehow, the flow turn into opposite direction which pump even more.
-
You cannot know for sure the price situation of a token tomorrow, so you cannot have enough ways to avoid making mistakes in holding/selling tokens.
All you can do is monitor the development of the project + expert reviews + the general market trend to make the decision you think is the best.
The crypto market is always risky, but risk comes with profit.
-
I think this statement is un avoidable because everytime you will come across a reason or a situation that will make you say those words, we can't always get it right which is eeason why that word will always be said at some point.
-
It is not possible to always predict the highs and lows price points everytime perfectly so the simple rule is take profit whenever you are happy with the returns, there will always be more opportunities in the market.
-
Don't be greedy, set a realistic target! If you saw it already meets your target, it is better to sell your crypto assets. Yep, most people become victims because they are too greedy. They try to earn more profits from their investment and too confident that the prices of their tokens to increase significantly. But they don't consider if after the bullish there should be a bearish or big correction. They forget this or don't care about it. Finally, they regret it after the bearish happens.
-
The desire to earn big profit is not greediness. If it is then we can say to dream big is greediness.
Actually, a big dream isn't greed, but you need to know about the possibility. Many people become greedy because they target something not realistically. They just want to get the best from their investment or trading, but they don't think much about the chances. In this situation, we can call them greedy.
-
I tried to understand what you need and I think I know the meaning.
Well, actually the emotion, greedy, panic, FOMO, FUD are something very bad in the crypto world. Today is starting day to face the altcoin season. Ensure that if your coins have good news and also other fundamental, they will probably increase significantly. BUt never put your money to all crypto, juts little by little
-
Be careful, it is the way to avoid the mistake in crypto. Many of us often make mistakes because we are not careful enough. We must be more careful from now if we want to avoid mistakes. Also, be smart if we want to choose the best coins to invest in. The success of an investment is also determined by the right coin to buy.
-
The only way to avoid mistakes in cryptocurrency is to know in advance what can be in the future. So in other words, there is no way we can totally avoid this problem. Or maybe not getting involved can be the best option. Most, if not all, of us here had become victims of failed projects, "shitcoins", scam coins and similar projects or assets in nature. Had we known in advance that Bitcoin and Ethereum can be so valuable this year, then most probably around 5 years ago we could have hoarded the most coins we can get -- and even sell our house and other properties just to get hold of more coins, right? Anyway, this can also happen to anyone in the world of business as nothing is really guaranteed and there will always be risks as opposite to possible rewards.
-
I think there are no alternative way to identify scams, shit, and valueless projects. I already invested more than 10 shit coins that makes me more miser. I can't keep pace with the losses.
-
We come to cryptocurrency mainly to make money. Therefore, the concept of greed is rather relative. We have the right to buy or sell our cryptocurrency at any time at our discretion. Hardly anyone should be blamed for this. Both buying and selling cryptocurrencies help to establish the real price in the market based on balancing supply and demand. If we incorrectly and ineffectively use this right and opportunity, we lose profit.
-
In this matter, you need to be careful and you never need to make instant decisions, and most importantly, you need to monitor your emotions and then there will be no such mistakes.
-
In crypto investing, we will always know the ups and downs. And indeed this will continue to happen. Because this is what will color investment in crypto. The key is to be patient and not to be greedy.
-
Greed often creates regret for us, and this often happens to traders as well as investors. The target to sell their coins is too high so they don't release coins when the price goes up. And just regret it when the price drop is too deep, my advice is that if it has happened once in you then don't repeat it. Immediately sell the coins that you hold when the price goes up, and just buy them later when the price goes down.
Don't get caught up in the lust and greed that can make us cry.
-
Investing in crypto, we should indeed learn a lot so that we can be smarter in managing emotions and sharing assets. And we shouldn't be greedy because we are obsessed with wanting to get as much profit as possible. Everything needs a process, including to succeed with crypto.
-
I think do not buy the tokens if there is no clear development from recent days. Much better to support the top coins because they already have enough supporters and token holders from differentcountries. If you bought unknown tokens future sell those coins if the team don't have enough passion and goal to achieve successes.
-
It is difficult to avoid price changes in the cryptocurrency market because everyone who trades in cryptocurrency must feel that the name is experiencing a loss.
I assume to myself to stay away from such things is when we know that bad news caused by the media will make prices fall and good news will make the market go up.
-
Since the beginning I knew crypto, this crypto is a very attractive investment. Its value continues to rise even with such great risk. And crypto enthusiasts also continue to grow more and more widely.
-
Target!
I think trading in cryptocurrency must have a target and that target we will do and be grateful if it hits the target we want.
Suppose we buy Bitcoin at a price of 10,000 USD and the target sale of Bitcoin is 40,000 USD.
When we reach the target of 20,000 USD, we have to sell it directly and even though it rises to 42,000 USD, we must be grateful that we sold it.
-
Hello house your contributions are needed in this article because many of have been involved in this mistake of sell off our valuable tokens and coins because of dear and doubt mostly because of too much greedy we have become a victim of had I know I would have not sell my tokens or I would have sell them before the price crash.my question here how can we avoid such mistake occuring in our crypto investment?
I think the best way to avoid an had i know situation is to ensuure that as traders we sell at the right time; and also sell in profit. Selling at loss is one of those feelings that cause self blame and makes traders doubt their ability.
The best way to avoid such situation is 1. setting stop loss, 2. doing your research, 3. selling while in profit. 4. Overcoming greed.
-
Then you don't have to be greedy if you are afraid of losing money, just be satisfied in your earnings. Buy again if the price will go down then hold until the price recover. Just make sure if that cryptos is in the top coinmarketcap because most of the top coins were high volume, it's good to trade.
-
in fact the future cannot be predicted, if you wait too long you risk that the altcoins will go out of business, if you sell too early, the price could go up more, i personally will sell everything and buy as much bitcoin as possible
-
Love is not guilty, love for a certain token, even blind, should not be blamed.
The fact that we continue to hold tokens for a long time comes from 3 reasons:
+ We love the project, want to keep tokens to support the project;
+ We believe in the future of the project & keep project's token to use as a payment method in the future;
+ We believe the token price will increase in the future, we wait for ATH to sell.
To get rid of poisonous love, we need to be rational. Try to analyze the project's potential and the platform's development, then make the best decision.
However, anything is risky. Sometimes the token price goes up as soon as you give up the token.
-
There is something in everyone that will never disappear that is "regret" and fortunately he always comes late, because it will slowly change someone's life. Although there will be other regrets, we have to be optimistic sometimes if I trade on the exchange, I will remain optimistic even if the results are not what I expected, so regret is learning.
-
loss avoidance depends on the price. The price is out of the token purveyor's control. People buying and selling tokens determine the price through simple market forces and supply/demand. This is difficult to predict.
-
So sorry but as others said. I really feel difficult to understand what you meant.
If it is about the way to avoid that mistake, probably it depends on how y0our readiness and management of your emotion. Sometimes, we are always hurried up, panic, FOMO, and also fear of the FUD. that is why we will sell the token immediately without consideration. Or we regret selling the token because the price is going higher and higher. This is the case, we must be ready for that kind of mistake if we don't manage our emptin
-
If it is about the way to avoid that mistake, probably it depends on how y0our readiness and management of your emotion. Sometimes, we are always hurried up, panic, FOMO, and also fear of the FUD. that is why we will sell the token immediately without consideration. Or we regret selling the token because the price is going higher and higher. This is the case, we must be ready for that kind of mistake if we don't manage our emptin
I am not surprised if many investors, traders or bounty hunters are disappointed with the decisions they make, because they do not use investment management properly.
When the price goes up you only need to sell half of the total coins you hold, and the rest you leave, when the price goes down or has gone up you don't need to panic, because you have sold some and hold some.
-
It's sounds that predicting the market movement but we can't. It's always in flux.. What happens in months in traditional investment markets happens in days or hours in Cryptocurrency market. Anybody and everybody is just speculating and they can only rationalize what has happened (which is again anybody's guess) but they can't predict what will happen with any currency.
-
If you have entered the cryptocurrency circle, it seems difficult to get out because the cryptocurrency makes money, aka it provides profit.
Although in practice cryptocurrency can be detrimental to us, I think cryptocurrency also provides opportunities for those who do not have trading capital to make a lot of money.
-
It is difficult to know if the token will crash or not. There are instances that the price pump but unfortunately dump later. In other hand there are instances that the price dump and the price increase later. Research the project and followthe news in their social media account and telegram group is a plus factor to have a knowledge.
-
A mistake will very likely occur as material for learning. And I am sure that if we really want to learn from our mistakes, then surely we will not repeat the same mistakes.
-
Buy in different levels, sell in different levels also when the price went up , don't sell everything in one time but divide them in parts so you take the most profit can , this strategy is for pro traders and they don't tell you that in telegram channels, same thing for buying altcoins .
-
You can not avoid such things. I don't think there is any way to know whether the coin will be successful or not in future and for that I must say it depends on many factors. Dev should be active on social media platforms to maintain the trust between the coin holders. Coins listed on low volume exchanges can also be the reason of failure of the coin and a project never been grown fully unless white paper plans implemented fully. In the last I would say one must properly analyze the potential of the coins before sell and repent later on.
-
We come to cryptocurrency primarily to make money. Therefore, the concept of greed is relatively. We have the right to buy or sell our own cryptocurrency at any time. Hardly anyone is to blame for this
-
Hello house your contributions are needed in this article because many of have been involved in this mistake of sell off our valuable tokens and coins because of dear and doubt mostly because of too much greedy we have become a victim of had I know I would have not sell my tokens or I would have sell them before the price crash.my question here how can we avoid such mistake occuring in our crypto investment?
I think you have gotten a good lesson after selling your valuable asset .So that you might not do this once again in future .I think we need to give up our greediness and become more patience on the market flow .I did such a wrong on my early life of crypto now i am become a good holder to hold my valuable asset .
-
The desire to earn big profit is not greediness. If it is then we can say to dream big is greediness.
[/quote]
for me a dream is not greed but the desire to have a big advantage is called greed, if you want a big profit without seeing the opportunity you will go broke for your own greed
-
For me this is a question of being contentment. It doesn't matter if you sell it as kong as you made your choice by the the profit you set up.