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??
Well, you have already indicated your own problem, which is the fact that once you just get hold of the tokens or coins from bounty, all you do is to sell them, even if you are selling at loss.
Sorry mate, the last time I checked, there is no way you can eat your cake and have it, and if all you do is to sell your holding, without any plan for the future, how do you expect to increase your holding.
Now that you know where you fault is, what would be your plan? It is either you learn that holding is the best, or you learn how to trade and take advantage of long term trends, or you just simply stop complaining.