Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on November 15, 2021, 07:12:22 PM
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
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This is the lesson in crypto world:
- Not being greedy
- Be more patient and calm
- Be wiser and smarter in making certain decision
- Make some certain target to sell or hold, even based on percentage of your asset to sell at first and hold some
- Do some analysis every time we are gong to buy or sell
- Never be panic sell or panic buy
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Personally I just look at price charts and study the statistical probabilities of it moving up or down. Generally speaking, if it's in a downtrend against BTC, then I'll sell for Bitcoin. If it's in a downtrend against Ethereum, I'd sell for ETH. Fundamentals are important, but much more difficult to assess how relevant it is to a project and whether it's over or undervalued. I'm only buying altcoins with Bitcoin or Ethereum, so it has to provide a really good argument for buying in order for me to risk selling (losing) my BTC or ETH for.
Otherwise if price is moving up, I generally hold until price reverses, often with a stop loss. If price is going down, I sell, even at the lows, as it can still go much lower. 99% of projects will fail so I'm no longer interested in holding a 100 tokens so that 1 of them can make good money, even if arguably it can be a better strategy if you can actually sell the top. I otherwise always sell 50% at 2x, and usually continue selling 50% per 2x. Too many coins end up back to where they started after 2-4x, so don't take any chances these days.
In summary I'm more of sceptic than I used to be, so prefer simply holding Bitcoin & Ethereum longer-term, as only a very small number of projects will outperform them long-term.
Maybe whatever your emotions are telling you to do you should try doing the opposite? Sounds like it might be a better strategy ;)
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~guys how and what is your criteria for picking token to keep.
There are no specific criteria, I just hold the token that looks like to have a bright future. The indicators can be seen from the team quality, the community support, listing plan of the token, real use case of the token, partnerships, and the future programs of the token. These are some indicators that are usually checked or learned carefully before deciding to hold a token.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Me too, several times I done like it. I sold my tokens, then the tokens become expensive. It's sad.
But we should learn from the past, It's difficult to predict the future of tokens.
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It is difficult to determine the potential of a project and its token. Solution analysis, tokenomics & backers help us make decisions, but we still have to take risks. The best thing is to focus most of the investment on top coins like BTC, ETH, BNB, LINK.
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In matters of deciding on the timeliness of the sale of our tokens, here no one can help you. We are fully responsible for our actions in the cryptocurrency. Each of us must gain experience ourselves and determine which tokens are promising for growth, and which are better to sell right away. Of course, here each of us will all the same make mistakes and this should be treated more calmly. Cryptocurrency is so unpredictable that there will always be mistakes.
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Actually holding is not for us because most of the time we have less funds and we need to have money in urgent situation . And to this kind of urgent situation this become necessary for us to sell what we are holding for long term. In fact, some time most of sell those holding coin at low price . But if you want have safest investment , you must keep some USDT or fiat as a backup fund for yourself .
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
I assume one important thing you missed. What is that? Being updated to every single movement of the project. You know every time they will have some update it is possible to trigger the price increase specially if it is so relevant to the current market trend.
Of course you read and watch the progress or else you will sell your kinda potential token. Guts is not the basis before selling. Knowledge and being updated may help to determine the possibilities to increase.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Me too, several times I done like it. I sold my tokens, then the tokens become expensive. It's sad.
But we should learn from the past, It's difficult to predict the future of tokens.
Price drives us to sell at a high price. Having bought a cryptocurrency at a low price, you sell it at a high price - this is the cryptocurrency market.
It makes me sell the cryptocurrency I bought earlier, one day, just seeing a high price rate. Here's how not to sell, if there is such a temptation, seeing the cryptocurrency growth chart. You will definitely come to this conclusion sooner or later.
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There are no indeed particular basis , I right lay the token that glory similar to to have a shining time to come . The measure may be seen since the squad standard , the group hold up , listing design of the token, actual utilize patient of the token, partnerships, and the time to come programs of the token. These are some measure that are generally prevented or wise choice prior to composing to clasp a symbol.
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Well we don't know when our coins to go pump. In the last few Months, I also regretted that I sold my coin too early because my believe that this coin will never pump because it was just a meme coin but in the next Month it pumped suddenly. If I keep hold that meme coin I would earned x10000 profit, it was really broke my heart everytime I saw the price of meme coin in coingecko. We really don't know when will be the time to increase of our coin even it has a promising project but holding patiently is really the key.
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You sold your coins in hurry most of the time and repent later and you have to learn by your experience that you should hold. You have to be more active on social Media platform of the project that you hold so that way you can track the progress of the coin and take decision to sell on that basis but I must say set some target for your coins rather than selling in hurry. If a coin has good huge community you should consider such coins to hold.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
That means you haven't done enough research about the project that you are going to hold. Or maybe you failed to understand the potential of the coin that you are holding. I have a quick suggestion for you. Before holding a coin first take a look at that project partner. A good project will have a lot of good company involved with them.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Not just you Mate, most of bounty aligned people have done that for years that's why if the project's token price was dumped the blame was pointed out to the bounty hunters I have a lot of potential bounty payment tokens that have gone wasted too, and just sold for peanuts but after the years was pass it was worth thousands of dollars already just imagine if I was holding those tokens till now Im already a rich bounty freelancer.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Not just you Mate, most of bounty aligned people have done that for years that's why if the project's token price was dumped the blame was pointed out to the bounty hunters I have a lot of potential bounty payment tokens that have gone wasted too, and just sold for peanuts but after the years was pass it was worth thousands of dollars already just imagine if I was holding those tokens till now Im already a rich bounty freelancer.
This option of holding tokens does not always work. I have more than one coin left that I did not sell on time in the hope of long-term retention. And that was my big mistake. Now, these coins are not worth a dime. In the end, I lost a lot. So long-term retention is not a guarantee of correct behavior.
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Everything is very simple, if there is a need to solve your financial problems here and now, then the prospects of the project are not important. You just need to sell tokens and solve your problems. If there is no such need, then of course all HYIP tokens should be sold immediately. leave, but not more than a year.
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I am sure we can all relate to this sad story because this might have happened to almost all people who are into cryptocurrency. Now, I really envy people who were so lucky to be there when Bitcoin and Ethereum started, made some stakes and decided to just forget everything except for the private keys, of course. As for us here, we experienced the sadness of making wrong decisions based on things we know at the time and sometimes just hunch...only to realize that the ones we let go are those who really made it to the top.
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Unfortunately, most investors face such problem, and I also very often sell various cryptocurrencies and then after some time these same cryptocurrencies begin to grow even more in price, but this usually happens with new altcoins, but with the top cryptocurrencies, it's the opposite for me, I almost always wait for the best price to sell top cryptocurrencies, so for me investing in top cryptocurrencies is more profitable than in new altcoins.
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You are not to blame for this, no one knows where the market will go, I also sold coins that I planned to keep for a long time, but as usual money is always required at the most inopportune moment
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
It also happened to me, I have sold my reward tokens from bounty campaign at low price after tokens distribution.
Ferrum and Cartesi.
But I think many members here in also do the same like us.
So , we should be patient and always learn from the mistakes.
Here, we looking for rewards and knowledge.
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Yes I sold my hold coins in market up to more and more profits give us right coins
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When I need money for an urgent situation, i sell there coin. but still with the percentage of profit I expect.
For coins that are held as long-term investments, I will choose coins with a market cap of more than $10,000,000 usd (this is for new coins) then do an analysis of each coin held, there you can see the potential of the coins from the products they have, hold on good for the long term, but if we can trade at a high price and buy again at a low price, take the opportunity when it comes buddy.
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This happen to me. Sold some of the tokens in high position but the price continued to increase. I'd expected the price to decline but unluckily not. When I saw the price pump more than I expected, I really regret with small amount of thankfulness. I dream for lambo but I sold those tokens that currently mooning. The feeling of sadness with regrets.
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If I were you, I would try to go back and learn from my mistakes - write down what tokens I invested in, what were the attributes of them and which were winners, which were losers. Try to find what you could have done differently. Maybe you could have paid more attention to news and market sentiment (I don't know if that's the case, this is just an example). Also it could be worth setting a plan whenever you invest in a token, for example setting price targets where you can cut your losses short or take profit.
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People sell valuable project at wrong time because some need it so urgently and cannot wait for the future, some because they don't know the viability of the coin, some coin keep dumping and never rises until it is useless i.e Invizion, this causes regrets, you will wish you had sold it earlier, some project manager also determine a futuristic project.anyone who doesn't have other sources of income are mostly found in this act because they withdraw directly to meet needs. During the bear market, it was so long the many could not endure than to sell out the reasonable token and ignoring the future.
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This also happens to me, this cannot be overcome, perhaps such skills as holding for a long time will come with experience, but as long as there is a high volatility of the coin, hands itch to sell it or to consolidate profit, it rather all depends on the nature or on the skills of everything nevertheless, but I am not so assiduous in fact.
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You are not alone I experienced that so many times one of my worse was not waiting for a week before selling I missed the pump by only a week, and I did not believe on Dogecoin going to have a huge pump, the only way you can keep selling at the wrong time and hodling the wrong coin is to keep updated and read reviews coming from trusted investors.
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There is nothing to regret, because in Cryptocurrency anything can happen. The price of the token pumps high after being sold, or vice versa, a large dump after being bought is normal. If asked what criteria to choose when holding tokens, then my answer is top-ranked coins, I think it's safer than choosing a new token that is uncertain.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
We must be patient and always monitor the chart every day.
I also ever sold my coins , then two Months again pump 5x, It's annoying.
After that, I always be careful to sold my coins and learn the team project improvement, always follow their social media to know what will happen.
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I have a stupid habit of selling my tokens with prospects more than those without a future. i have sold off tokens that I am supposed to hold but HOLD those I am supposed to sell off. for over two years I have been making a terrible decisions on what to hold and what to sell. I think I still need to learn what crypto is and how the ecosystem is. for me, it is difficult to identify scam tokens and quality projects. projects. guys how and what is your criteria for picking a token to keep.
I equally have this habit. I have learnt in a terrible way. By now I ought to have been close to millionaire in dollar If done my proper holding of very strong projects than weak ones or fake project. I have result to not holding any new coins or tokens. I sale early and look for strong ones that are already doing well in the crypto space and it has been working for me.
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I have a stupid habit of selling my tokens with prospects more than those without a future. i have sold off tokens that I am supposed to hold but HOLD those I am supposed to sell off. for over two years I have been making a terrible decisions on what to hold and what to sell. I think I still need to learn what crypto is and how the ecosystem is. for me, it is difficult to identify scam tokens and quality projects. projects. guys how and what is your criteria for picking a token to keep.
I equally have this habit. I have learnt in a terrible way. By now I ought to have been close to millionaire in dollar If done my proper holding of very strong projects than weak ones or fake project. I have result to not holding any new coins or tokens. I sale early and look for strong ones that are already doing well in the crypto space and it has been working for me.
Our mistakes made us stronger and vigilant to deal the future investment. We became tougher in every circumstances that broke our hearts. That is the feeling to remember forever difficult to forget. Experience is good teacher not to repeat the same mistake. Me too I often experience this but thanks to hard and heart broken experienced I became aware and stronger today whether to sell or hold tokens properly.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
You always getting panicked to sell your asset. I don't know which token you are selling is it valuable coin or shitcoin. If it is shitcoin it is better to sell it early and exit from the market. However be patient for the top ranked and good project cause it will always give you a good return for sure. I think you could male a plan to sell it you have to exit in your expected price but not to early. Hope you will able to make a good plan about your valuable holding coin.
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if it sells more than I expected of course it's very good most importantly hold good coins and sell when the time is right
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I mean, even though you made terrible decisions and they did not take advantage of you, you can still learn a certain lesson from this, for example, I also tamp up my results after 6 months and change my strategy, although after certain tests, it is possible for determine yourself the really right strategy for your earnings.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Maybe It has happened at many members here at the beginning learn crypto currency.
That's normal.
I also ever done it. But we must to improve our knowledge and analysis.
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You always need to be calm when working with cryptocurrency. If I hadn't been in a hurry, I could have made a lot more on some coins. Some coins needed to be hold for a long time. Unfortunately, I sold them very early.
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In the past, I was same as you. whenever market fluctuate, I always try to sell my coins and panic easily. but now I know how it works. the pump and dump is casual for me.
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The measure may be seen since the squad standard , the group hold up , listing design of the token, actual utilize patient of the token, partnerships, and the time to come programs of the token. These are some measure that are generally prevented or wise choice prior to composing to clasp a symbol.
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sold more than I got, maybe the key is patience, don't be in a hurry to sell it, hold the right way so that doesn't happen, I hope everyone on the forum is successful
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We all sometimes make mistakes, we need to analyze situations to draw the right conclusions and no longer repeat mistakes.
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We all sometimes make mistakes, we need to analyze situations to draw the right conclusions and no longer repeat mistakes.
How can we avoid the same mistakes, in Cryptocurrency it is very difficult to predict. Whatever analysis we do, it will not guarantee that we are free from the same mistakes. Luck is the big factor here, which makes us either successful or broken.
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Capital gains taxes apply any time you sell an asset for more than you paid for it. If you've owned the asset for longer than a year, it will be considered a long-term capital gain and will be taxed at a lower rate than short-term capital gains. ...
How Shorting Stock Works. Usually, when you short stock, you are trading shares that you do not own. ... But if the stock goes up above the $50 price, you'll lose money. You'll have to pay a higher price to repurchase the shares and return them to the broker's account.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
As many people said, crypto is unpredictable.
I think not easy to predict the potential projects, because there are scam projects.
I also have sold my token before pump. It's annoying.
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We are fully responsible for our actions in the cryptocurrency. Each of us must gain experience ourselves and determine which tokens are promising for growth, and which are better to sell right away. Of course, here each of us will all the same make mistakes and this should be treated more calmly
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I would say it's not easy for a trader to which coins should sell or which coin should be hold because we can not predict the future of any coins but things depend on the marketing or product of the project If the dev is active then we can expect the growth of the project. We learn thing from our experiences so you will also learn from your experience because everyone has different strategies for selling.
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We are fully responsible for our actions in the cryptocurrency. Each of us must gain experience ourselves and determine which tokens are promising for growth, and which are better to sell right away. Of course, here each of us will all the same make mistakes and this should be treated more calmly
That's for sure. No one comes to cryptocurrency as an experienced trader, especially since no one can know in advance in which price direction it will move. We all make mistakes with buying and selling our cryptocurrency, and we will continue to make mistakes. Only with the acquisition of some experience, perhaps, there will be fewer mistakes.
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sometimes the coins that we predict are good even become worthless and vice versa.
I held a coin which at the beginning of the listing the price was very good and stable, but over time I held it in the hope that it would go higher but in the end it fell and almost no price
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
Man, the market requires a good research to know the best projects to hold and the once to sell at certain periods. Though many hunters have similar concern even me, and because of no thorough project follow up movements. I had sold a token in 2018 with a wrong impression that team will not promote the project, unfortunately, the team has successfully advance the project and toke value has hit the moon.
Now, try to know the usercases of some of these projects out there, then try your best to research and do a follow up of these projects marketing, partnership, and promotional near future plans and progress. Change is is constant, leave the past mistake and restrategize your crypto ambition for the new year. Thank you.
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Okay, I have some criteria about the tokens that I keep, first is a new token with which will do the mainnet for example AME, I hold this coin because the team promised to do mainnet and the last few weeks the team has done the AMA and promised to finish the mainnet as soon as possible on january, so that's a little example from me hope it helps.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
That's normal mate, I think almost all member here ever have the same condition.
They sold their tokens, but the token price at one or two years again will more expensive maybe will touch 10x or 20 X.
Crypto holder is always be the winner because the keep calm and hold their tokens until more expensive.
So I think It's the value of patience
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
I think You're not stupid mate, being expert need time.
We must have knowledge and experience, It will take along time to be.
I also ever do same like you, sell my prospective coin at low, then the coins soars.
It's annoyed, But It's crypto investing.
We cannot predict accurately.
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That is something that is natural mate, because we must experience it.
The fault with us is that our expectations are too high with the token we hold, when it is at its peak we don't want to sell it, instead we want to continue to hold it so that it drops to the lowest price and regrets it.
Sometimes I even don't care about the price of tokens if it's my work pay, as long as I have the necessities of life I have to sell them whatever I can.
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That is something that is natural mate, because we must experience it.
The fault with us is that our expectations are too high with the token we hold, when it is at its peak we don't want to sell it, instead we want to continue to hold it so that it drops to the lowest price and regrets it.
Sometimes I even don't care about the price of tokens if it's my work pay, as long as I have the necessities of life I have to sell them whatever I can.
If you talk about the necessities, I think It's priority.
We should sell whatever the price.
invest in crypto needs cold money.
But we must do daily trading and hold for short term, medium and long term.
To fulfill your needs, I think You can do daily trading.
Investing is asset for the future.
I also ever sold more than I earn, because wrong analysis.
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I have a stupid habit of selling my tokens with prospect more than those with out future. i have sold off tokens that i am suppose to hold but HOLD those i am suppose to sell off. for over two years i have been making terrible decision on what to hold and what to sell. i think i still need to learn what crypto is and how the ecosystem is. for me it is difficult to identify scam token and quality project. projects. guys how and what is your criteria for picking token to keep.
At the beginning I invested in crypto I ever sold more than I earn, maybe It happened several times.
Because I didn't have good analysis about the progress of the coins.
That's normal, because crypto currency is unpredictable.
I started to learn and keep hold when I believe the coins will have great future.
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I have now stopped holding coins, I have determined this strategy to be unprofitable for myself...I buy in short-medium
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it seems funny, sold more than I earn.
It usually happened at the beginning, when the people starting to learn and invest in crypto currency.
Many people ever have this experience.
I personally several time do this mistake.
But nevermind, we will have experience to make big profit later.
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But why would anyone wanna sell more than they earn, I consider that as a poor investment plan. But there's a platform where you can invest and have a chance to earn in the reward program but one can still buy and hodl the native tokens for future maximum.
We shouldn't forget to look into their ecosystem as this is a potential gem to not miss