Do you ever feel annoyed about your investment, especially when you participated in a ICO PROJECT and when the tokensale concludes and you got your tokens, and when the exchange comes you sell all your tokens and later you are crying about a big jump on the price?
Well, that's me, I have made a bad call every time I get hyped on a current price of the coin. Lesson? Better be patient on your investment and wait for a perfect time to make a certain call that you can never blame yourself.
sorry to tell you this but this only means that you are a newbie who refuses to learn how the market works and instead you are trying to come up with superstitious ways of bag holding and then hoping for a rise. and eventually you will start complaining why you are losing money while others (whom you call whales manipulating you) are making a lot of profit.
lesson?
stop fooling yourself with things like "patience" and start opening your eyes. for example in case of the first paragraph what you should do about that particular token is that you dump it immediately as the market opens so that you can get the most amount of profit out. as it continues to dump you enjoy your fast reaction to the market and the larger amount of money that you got out. THEN if you really speculate the rise and see the rise starting up you buy back. the difference now is that you are buying back at the bottom with a lot more money. so for instance if you sold 1000 tokens in the beginning you now can buy 5000 tokens and THEN you wait for the pump to slow down and get closer to the end so that you can dump the 5000 tokens and get an even bigger profit out.
these are 3 steps each more important than the last.
what happens in this strategy is that you are maximizing the profit while eliminating the loss altogether.