Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on March 14, 2021, 04:49:52 AM
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Right now, I fully realized that in holding cryptocurrencies (including tokens, of course), one of the many things we have to understand is that waiting can be a game we have to play well. And of course, we can get bored looking at the value of what we are into and to see that they are not moving well upwards and even doing the opposite. There is a prize of waiting and that be a good return on investment when the price starts to get to the moon.
In my experience, many times I got so bored and decided to let go of a coin and then the following day the price started to kick up...oh my I then realized that sometimes all the stars are not aligning to make me lucky but then I see that it was a decision I made and I suffered the consequence.
So how then not to get bored? I make sure that I am learning the many things about the coin that I am holding. When the fundamentals are good and the team behind it are active - doing what they should be doing - then that can be a big reason why I am continually holding.
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I do the following so that I don't get bored waiting for the coins I get from the bounty
- Participate in the staking program if the listed coins are exchanged, we will get an additional token of profit when staking.
- Providing liquidity for investors and traders on the Dex exchange, there we will also get a little profit.
- Lastly, if the coin / token has a good price, then I will sell 40% and keep 60% for long term investment
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I do the following so that I don't get bored waiting for the coins I get from the bounty
- Participate in the staking program if the listed coins are exchanged, we will get an additional token of profit when staking.
- Providing liquidity for investors and traders on the Dex exchange, there we will also get a little profit.
- Lastly, if the coin / token has a good price, then I will sell 40% and keep 60% for long term investment
I like the staking aspect. I have been holding this particular exchange coin for more than a year now and have been staking it there in the exchange too and have really made profit from it as compared to what I invested and I just sold all of this particular coins and moved the USDT to another exchange to invest in some other coin and less than a week of my doing this the coin price went from $0.0001 to $0.001 two days ago. If I had just waited a bit more I would have had additional $40 to my stack ;D so this things happen, So some time waiting on HODL can be profitable.
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Actually, in my opinion, to hold, you really have to be careful, you really have to be right in choosing the coins to hold. because holding is very boring, especially if in the end all we get is just ashes. so it is better not to hold all types of coins. just choose a clear potential future.
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HODL is good only when the entire cryptocurrency market is growing, and when it falls, it is best to sell half of the coins. Even if a project with a great idea and an active team, as we remember, everything falls in the bear market.
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I don't think holding is always the right decision, because many projects have disappeared from the market and holders have lost all their assets. It is important to learn about the project: solutions, potentials, partners, but we also need to analyze the market to achieve the most effective investment strategy. Holder should also sell before a downtrend so he can buy more when the price gets better. Of course, over the long term, we see potential tokens rising in price all the time.
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Actually, in my opinion, to hold, you really have to be careful, you really have to be right in choosing the coins to hold. because holding is very boring, especially if in the end all we get is just ashes. so it is better not to hold all types of coins. just choose a clear potential future.
I agree with you, holding coins is a challenging and exciting process. And that's why I do not know how to do this at all and immediately try to sell everything.
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The prize of holding a coins and tokens can be dangerous at times but also can be rewarding in the long run if you can be able to wait for a long term project, but the disadvantages can as well be high because if the project fail on the way you loose but at the same time gain when the project succeed in the crypto market.
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The prize, the reward of waiting patiently (which means ignoring early dumps, and wait for weak hands to sell cheap their coins/tokens) is making a lot of money, if the project is really good and has a stable development. Unfortunately this is not always the case, but when the right project is found, the payoff is great.
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In my experience, many times I got so bored and decided to let go of a coin and then the following day the price started to kick up...oh my I then realized that sometimes all the stars are not aligning to make me lucky but then I see that it was a decision I made and I suffered the consequence.
Samething happens with most of the users and i'm also one of them. Even some coins/tokens start to pump and after few hours, those trade under the buying zone which is makes us bored as we're fear of that bear market might happen anytime. This feelings bored us to hodl those coins/tokens, even knowing that those are having great fundamentals and technical support zone in the long run like for few weeks or months.
When the fundamentals are good and the team behind it are active - doing what they should be doing - then that can be a big reason why I am continually holding.
It's the best way to make our mindset that it's better to hodl instead of regretting later on. Also, sometimes farming ( if those coins/tokens have this facility or any pools support those coins/tokens) could help us from selling off those precious coins/tokens, IMO.
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there are a lot of coins in my wallet, instead of wanting to hold it until it reaches a new ath when they open a trade, but i am wrong coins i hold a lot of shit coins on my wallet ,
here maybe I need to learn more about the opportunity to choose which coins can become dragon coins
but with staking and farming, I can determine which coins will have value later, I like this program
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For holders, the fluctuation is not matter. Here, we can see that many holders really put their money into certain coins, then leaving them and back to them in a certain period. And the price of holding is sometimes very high o and we can enjoy the profits right now
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I personally agree to hold the top coins. We can really get the profits. However, what's about the shitcoins? may e it is not worth because sometimes, they become shitcoins or dead coins after so long time waitng. that si why we must be careful when deciding to wait for the altcoin holding
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So how then not to get bored? I make sure that I am learning the many things about the coin that I am holding. When the fundamentals are good and the team behind it are active - doing what they should be doing - then that can be a big reason why I am continually holding.
Knowing the team behind is a good way to define what kind of coins you have. The team that are active and responsible enough to answers every queries of the community is healthy indication that the project is still pursuing their platform. As long as there's a progress and basis to mooning in the future we can try to take the risk, hold for the better profit or for zero. ;)
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HODL is good only when the entire cryptocurrency market is growing, and when it falls, it is best to sell half of the coins. Even if a project with a great idea and an active team, as we remember, everything falls in the bear market.
Right, Hold is perfect only for bullish market but when market goes on bearish trend, all holdings will suffer you. Then repurchase is better idea with holding coins/tokens. I prefer to hold staking coins whatever the price on present market because it increases balance and for long term, it increase portfolio balance.
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If you want to amke money from holding then you should be patient. Dont invest all in holding do some trading also. And forget that you are holding something. Don't sell if you want money.
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HODL is good only when the entire cryptocurrency market is growing, and when it falls, it is best to sell half of the coins. Even if a project with a great idea and an active team, as we remember, everything falls in the bear market.
Yes, I think It is a good idea, when it falls we should sell a half of our coins..Because I think It reduce loss a lot. I also hold several coin and wait altcoins season will come..I hope It will happen soon mate. Hopefully
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Not always after holding the price will get better, it could be the opposite. then we can't hold all types of coins. You have to really understand how the rules of hold are and what coins are suitable for hold.
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Yes, the key to successful investing is to hold coins until the price is good and then sell them. But don't hold the coins for too long, when the opportunity arises, just sell them. Because today's market is very unstable and difficult to predict.
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If you are going to keep the coin for a long time in order to get a good profit, study this coin very carefully. But I would choose Bitcoin and possibly Ethereum.
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one thing have noticed in holding coin is that, when one hold good project coin, one tend to gain the benefit growth in price because the team, and demand pull will tend to increase the price.
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The price of a holding?
Of course, this will work and also promises as long as the coins we hold are really worthy coins that have good value and a strong team. But if the opposite is true, it will become dead coins.
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Holding becomes worthless if the coins we hold are shitcoins and don't have a good team. The coin may actually die and be deleted from the market. so pay attention to this before holding, choose coins that have the real potential and the team is strong and professional.
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I think It is a good idea, when it falls we should sell a half of our coins..
Why you should sell half of your coin? Want to buy more at cheaper prices? If the drop isn't very significant, I never sell my coins. I prefer to hold my coins than selling them because I think if we too often sell-buy coins, then it spends too many trading fees there. But if it looks like will have more advantage to sell the coins, then it is okay.
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If you want to amke money from holding then you should be patient. Dont invest all in holding do some trading also. And forget that you are holding something. Don't sell if you want money.
For the possibilities to earn enough profit depends on the tokens we hold and will buy soon. Tokens have its own prospective dealing in cryptocurrency place. The tokens with clear prospects and with active team could overcome the volatile obstacles and become successful. Our part is to search and become aware of what our tokens possible future.
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Not always after holding the price will get better, it could be the opposite. then we can't hold all types of coins. You have to really understand how the rules of hold are and what coins are suitable for hold.
True, I believe when we, Crypto Investors decides to hodl some coins we should know what kind of projects that is and its potential for growth and not just Hodl just any coin/token for long because they feel if you hodl, there is a possibility that the price will increase which in not the case for all projects.
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If you want to amke money from holding then you should be patient. Dont invest all in holding do some trading also. And forget that you are holding something. Don't sell if you want money.
For the possibilities to earn enough profit depends on the tokens we hold and will buy soon. Tokens have its own prospective dealing in cryptocurrency place. The tokens with clear prospects and with active team could overcome the volatile obstacles and become successful. Our part is to search and become aware of what our tokens possible future.
today, there is a tendency when tokens with real signs of future prospects remain in our wallets, and those whose teams do not show any activity will remain useless to anyone.
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Do you feel bored of holding? Why don't you trade some of your coins? I never hold all my crypto coins, I prefer to trade some of my altcoins daily or weekly. I think we don't need to hold all our coins, except we have no desire to trade. But we must remember that trading also can result in good profits, not only investing. So, why don't try participating in trading if you think you can do it? Moreover, if you already feel bored of holding all coins. :D
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Holding coins is not the right choice, and I think trading them is the right choice. Because there are not many coins or tokens from the Bounty whose value increases after we hold it, it will decrease. And if we trade it there may be an opportunity for us to get a bigger profit.
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Not always after holding the price will get better, it could be the opposite. then we can't hold all types of coins. You have to really understand how the rules of hold are and what coins are suitable for hold.
I understand, there are some fake coins or left behind by the developers which resulted in Hold not a good way for those projects, but the current situation is different from 2018, many projects have anonymous teams they are successful and have a good price in the crypto market,analyzing the project along with coins is very necessary, sometimes coins that we think to be Shitcoin or worthless will go up in price.
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This is a good topic, I many times have experienced the same situation where I sometimes get bored of a coin am holding due to maybe no upward movement for sometime, and maybe the coin was going up before I bought, and a few minutes or hours after I bought, it starts to go down and down and down, I get scared that if I continue to hold, I might loose all my money so I will panic sell and few minutes or hours after I've foolishly sold at the great loss, the same coin starts to go up and up and up, in situations like this, I sometimes feel like crying cus I don't understand why I am so unlucky, but then, I would think within me that if maybe I waited, I would have had the luck.
So personally, this experiences have taught me alot of lessons and I've promised myself to always be patient with whatever coin I invested for long term no matter how bad the market performed after I've invested cus sometimes, it's a trick from the devil to make us loose our money because he wants us to remain poor.
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Being a part of a great, likeminded community is one way not getting bored. Altcoins Talks, for me, is a fantastic community, for the short period i've been here. Aside from that, learning, keep in tune with the news, sharing opinions...its lovely
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You can make a profit by investing in tokens. Those who have bought and held good coins in cryptocurrency have made a lot of profit today. Those who bought and invested in good coins in 2020 have made a lot of profit today. In 2020, the price of Bitcoin was much lower. If we had invested in buying Bitcoin then we could be very profitable today. You can.
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This is a good topic, I many times have experienced the same situation where I sometimes get bored of a coin am holding due to maybe no upward movement for sometime, and maybe the coin was going up before I bought, and a few minutes or hours after I bought, it starts to go down and down and down, I get scared that if I continue to hold, I might loose all my money so I will panic sell and few minutes or hours after I've foolishly sold at the great loss, the same coin starts to go up and up and up, in situations like this, I sometimes feel like crying cus I don't understand why I am so unlucky, but then, I would think within me that if maybe I waited, I would have had the luck.
So personally, this experiences have taught me alot of lessons and I've promised myself to always be patient with whatever coin I invested for long term no matter how bad the market performed after I've invested cus sometimes, it's a trick from the devil to make us loose our money because he wants us to remain poor.
I recognize myself in this situation( I do not have the patience to wait for the growth of the coin, and as soon as I sell it, it immediately grows, and I am left without profit. How to develop this patience in myself ...
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I am sureThe prize of holding a coins and tokens can be dangerous at times but also can be rewarding in the long run if you can be able to wait for a long term project, but the disadvantages can as well be high because if the project fail on the way you loose but at the same time gain when the project succeed in the crypto market best.
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If you are holding good and potential coins, you can really harvest the results of holding.
However, if you are holding shitcoins, you must be ready to get it as shitcoins and lose your money.
That is the pros and cons of holing.
SO better to be careful when choosing the right coins for holding
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Mostly, it could be very rewarding. At least in many cases that I have ever seen. Coin or token listing in an existing and diversified market attracts new investors traders who would accept and invest in such projects. It is in very little examples has there been disadvantages in waiting and holding of coin/tokens for listing and OT.
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Holding and trading, we can do both this to get the optimum profits. We also can have a various activity that avoids feeling bored if we can do investing and trading together. I use this kind of strategy for my crypto assets. So, I think you also must try this to avoid your bored feeling in crypto bussiness.
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I have had a lot of experience selling the coins that have been obtained from the Bounty too quickly and I have felt that disappointment and it turned out to be useless.
I have to be more patient when I get a token from a bounty or airdrop so I won't be too rushed to sell it because I'm sure everything will change when there is a Bullish.
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In my experience, many times I got so bored and decided to let go of a coin and then the following day the price started to kick up...oh my I then realized that sometimes all the stars are not aligning to make me lucky but then I see that it was a decision I made and I suffered the consequence.
I remember how I felt after waiting so long for I coin that I was holding to grow, I waited more than a month and feel bored! So I decided to sell all tokens at $572 thinking that they will never grow again! But I was shocked and feel sad because after one week the price rose and realized that I was going to get $3,447 if I would wait for just one week!
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If you want to hold on to the long term, it's better to choose coins and tokens that have good potential. In order to get profit from holding these coins. Because holding coins and tokens must be more careful in studying the project can develop and the potential is good or not. Analyzing the market is indispensable in investing. I will sell after reaching the target I set or before the market trend goes down.
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I am a holder, most of the ETH & BTC I have are from 2017, when 1 ETH = $300 & 1 BTC = $6000. However, I do not think holding is the best strategy I have. It would be better if I could read the market index, buy when the price is low & sell when the price is high, then I will have more ETH & BTC than I have today.
For other tokens like CMT, CAPP, OPTI, CS I should sell them when the price is very high in December 2017. I decided to hold, out of greed, and I lost money. Assets are only 10% left :)
Even with AME tokens, I should sell when 1 AME = $0.15, not wait to $0.05.
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Most of my coins were received from bounty projects. And back in 2017, they cost a lot. But I wanted to get even more. And then there were 3 years of the bear market, during which I watched my wallet lose weight and cried. Today 10 percent of my coins woke up, the rest died! ;)
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2017 was the first time I invested in an ICO, I also kept some coins that I got from the bounty then I sold them without thinking, there will always be regrets, the coins from the bounty that I got from 2017 slowly went up and if I sell now, the price very good.
Never get bored when a phone call or token is obtained from the bounty, if the team has a good product, then you can hold the coins and always see the latest information from the #DevelopmentTeam
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Holding cryptocurrency token or coin for some period of time, one learn so many things regarding to the particular coin and also in cryptocurrency at large. Amongs all person holding coin will surely learn more about crypto market, various value of crypto token and also take time in monitoring market.
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Yeah, that is true even all previous cycles tell the same that hodling is best policy but taking partial profits during parabolic market near peaks is also adviced so you can reap and use some benefits out of your crypto investment.
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I still remember when BNB was at 23 USD and I bought it and sold it at 25 USD, but after that it shot up all the way to 690 USD, it was crazy and I lost hundreds of USD in the wrong decisions.
Even if you hold BNB for seconds, you are still profitable because the current BNB price is around 300 USD, but in cryptocurrency there is nothing wrong because I am sure that the circulation price in cryptocurrency always goes up and down.
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I personally agree to hold the top coins. We can really get the profits. However, what's about the shitcoins? may e it is not worth because sometimes, they become shitcoins or dead coins after so long time waitng. that si why we must be careful when deciding to wait for the altcoin holding
I agree with your opinion. It is generally advisable to keep only top coins for a long time. In addition to them, only some altcoins for new projects deserve attention, but for this you need to know this market very well and always control their price. It should be recalled that almost all altcoins that were not sold at the peak of prices in late 2017 - early 2018 ended up permanently depreciating. Few have been able to recover and rise in value through the years of bear markets.
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I do the following so that I don't get bored waiting for the coins I get from the bounty
- Participate in the staking program if the listed coins are exchanged, we will get an additional token of profit when staking.
- Providing liquidity for investors and traders on the Dex exchange, there we will also get a little profit.
- Lastly, if the coin / token has a good price, then I will sell 40% and keep 60% for long term investment
To be honest, sometimes staking some coins/tokens is just a total waist of time especially if it is the periodic locked ones. I recently received some coins from a Bounty I participated in and even though it was not stated at the time the daily stake rewards, I figured compared to how I use to stake, this might not be too different it turned out I just wasted my time locking up my coins in stake for some months which I would have been able to sell once the price stated dripping from $80+ to now trading @ $14 and my coins are still locked and the rewards are even more useless. I can't even make 1 complete coin in 3 months stake.
I don't have a problem HODLing my coins/token but never again in a locked stake where I cannot move them when I needed them the most.
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So that it is not boring, when you hold, you can gradually trade with them, if there are normal pairs, and it is also best to fix profits at high prices of coins. Also, steak the same coins to accumulate even more, but not all coins from the bounty are staked. In general, keeping coins is a good strategy that can lead to future enrichment.
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I think leave the tokens and forget until the right time of bullish. Possible to come back and see the price are in incredible increase. I hope that what will happen to my shitcoins after 1 year will increase and not to crash to zero.
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I have many Altcoins at my disposal, which I've been holding since 2017, but nothing happened to them when the Bitcoin price hit $50,000 mark. So I think Holding with luck is suitable only for the top cryptocurrencies like Bitcoin and Ethereum, but the rest of Altcoins will just make you bored of holding.
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Yeah you're right holding for long will get a prize.. When it comes to crypto you must be patient if you want to make big profit. Just hold the coins that has a real project not a shtcoins..
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Yeah you're right holding for long will get a prize.. When it comes to crypto you must be patient if you want to make big profit. Just hold the coins that has a real project not a shtcoins..
I agree with you, but for newbies waiting is worse than going crazy. A sample of that can be seen in Elon Musk's tweets, some with serious insults and even threats from people who don't know and don't want to wait, I don't like Elon Musk or what he does, but I don't think he deserves something like that either. We'll see how these things end.
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I think market is bullish but i think one day again market will touch 25k that will be last time if you buy there then hold your coins for long term will be good for every one.
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The holding gives you more earning opportunities if you value your time. You can rest and go about your business. After a while, withdraw your income. It is important here not to think about your large income and not to dream of getting a large amount of money. The best strategy makes a lot of money with little effort
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Holding and waiting for tokens will certainly not be good all the time. Be able to wait for long term projects but the results of long term waiting will be mostly good. But that doesn't mean it will always be good. The more opportunities there are in a long-term project, the more difficulties there are. Because if the project fails, you will lose a lot.
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I think leave the tokens and forget until the right time of bullish. Possible to come back and see the price are in incredible increase. I hope that what will happen to my shitcoins after 1 year will increase and not to crash to zero.
I hope so too and I know you do understand that not all Altcoins are even good for a long-term hold let alone shitcoins. I do also understand that apart from few coins we can really be LUCKY with some coins that are not of big value as some news can make their price rally but overall I don't advise holding shitcoins for long.
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It has happended to me several times. I buy a coin and it starts dumping. Or I sell it and it signals a pump. In fact happened to me about Rabbit token
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It has happended to me several times. I buy a coin and it starts dumping. Or I sell it and it signals a pump. In fact happened to me about Rabbit token
That is what we must all avoid, the fear of buying thinking that this project could fall and lose our funds, and the fear of selling thinking that we could earn more by being slaves of greed. After being sure which currency/token to invest in, what we should never do is spend the day thinking about what will happen, it is better to "forget it" and move on.
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Many people are now investing in pharming, various percentages for holding tokens, this appeared a long time ago, but now it has taken on a large scale due to the growth of bitcoin to 60k, but I think this will not happen soon
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I continue to hold my opinion on the need to liquidate tokens when the time has come, because most investors have small capital and do not have problems with the liquidity of the market. Once the token price has reached the expected point, we should sell to move capital into a token with better upside potential. For example, with BNB, it has a lot of potential but in my opinion it has increased in price too strongly, I will choose ETH for this bullrun.
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What prize? Big profits? If you are holding for the long term, your target should be big profits. I don't know it can be called a prize or not, but it is a suitable target to reach for the long-term investment in crypto. But to remember that not all long-term holding can get big profits, some only get small profits or even no profits.
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What prize? Big profits? If you are holding for the long term, your target should be big profits. I don't know it can be called a prize or not, but it is a suitable target to reach for the long-term investment in crypto. But to remember that not all long-term holding can get big profits, some only get small profits or even no profits.
sometimes too high expectations can be very disappointing, long-term investment in crypto can be very profitable if placed in the right coin. because there are many alternative coins available and of course if you want to be safe and sure to produce is an investment in bitcoin, because it is certain that every 4 years, bitcoin will reach the point of renewable ATH, but not for other coins. so don't put the wrong place when you want to invest in crypto because there are many alternatives available, you just have to believe and do it.
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Now you can earn money on the new Ferox project, they can put coins in stacking, it seems to work out well. The project is made on the Tron platform, and coins can now be purchased at a very good price.