I can't say I'm new coz I've been doing bounties for 10 months now, BUT I still don't know how to increase my holdings until now.
What I do with my participation rewards is JUST SELL them. That's it. That's the end of it. I often find myself running out of funds or decent token to sell because of this pattern. I end up being so broke I cant even afford to repurchase even just a little percentage of the token I sold. It's becoming a habit and I hate it.
I only know 1 thing: Buy low, Sell high. But even that is not enough.
So let's just say I'm still a newbie. I guess this post and the comments will greatly benefit those who are in my shoes now...
Can someone please comment or help me get started.
What is that one article or video that have guided you before when you were just starting to BUY and SELL. What words of wisdom can you share with me??
The only one you can do to increase your tokens/coins is by trading but this will not as easy as you can imagine. You can sell the tokens after you got that but remember that you don't have to sell all of the amounts and you can leave it for some amount in your wallet. Once you sell the tokens, make sure you can put some amount to buy back the token at the lower price which I am sure that it will down too deep. And if you have skills, then you might try to buy at the lower price and then sell when it increases. By doing this, I am sure that you can increase your tokens/coins plus you can also get a nice profit.