Post
Topic
Board Altcoin Discussion
Re: I have learnt my lessons
by
Masha.G
on 06/06/2018, 18:28:55 UTC
It is never a good thing to sell hastily.
It is never a good thing to sell below ICO price.
It is not also good to sell at exactly the ICO price.
There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out.
Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project.
I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.

My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me.
No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.

Yes I've done the same thing as you, but for now I try to be patient and try to use holding tactics. It is true that in a hurry is a very painful and unfortunate thing.
although I get a coin from bounty or free, the rush is a big mistake.

It is great story for people who have zero patience and sell immediately when they just got their tokens or 15% profit for example.
But I had such situation when patience played the role against me. I had one coin that was $0.1 on ICO. Some coins I had from airdrop but the most I bought. And this coin went to $1. I got x10 and it was a lot of money because I bought for almost all that I had that time!
And I decided not to cash out but hold. It began to dip. I hold. It continue dipping. I hold. Now this coin is $0.03. Make your conclusion