Post
Topic
Board Altcoin Discussion
Re: Why hesitate ????
by
tbterryboy
on 21/10/2020, 18:43:33 UTC
You invested in a ICO or IEO project at 1$ per token or coin and the price surge up to 3$ but because you see potential in the project you decide to hold and after few months the price goes down to 0.45$ and after four years and the token surge back to 3$, my question is why the wait?
Because the price might jump even higher if the coin actually goes to ATP after few years that shows the coin has potential and some really solid plans as it continues to recover over years which is not something we often see with altcoins at all.

You hold a coin for years just to go back to it's ATH (All Time High) ? And most times majority of coins don't go back to their ATH ever again, what could you learn from this? Never ever hesitate to take profits, even if the project is the best ever, take profits, invest again when price is down because believe me, the price will surely go down
Well, that is why no one actually holds altcoins, I don't know anyone who holds any altcoins for years apart from the few dominant altcoins. I don't know your theory but really it is not common for people to hold new coins for months, let alone years. Everyone just wants some quick profit with these coins and once they get listed everyone sell the coins which is also why coins drop in the value when initial exchange listing is done.