Post
Topic
Board Speculation (Altcoins)
Re: Excessive greed is detrimental to investment
by
bounceback
on 14/01/2023, 15:45:09 UTC
-snip-
I did not sell the crypto currencies I invested in the market at that time.  So currently I am at a loss of $14000.  Now I have no alternative but to wait for a long time.  Finally I would like to say one thing from my real life, don't get too greedy in cryptocurrencies and hold any particular coin for a long time.  It has the possibility of much more loss than profit.
We need to know that not all cryptocurrencies are feasible for us to hold in the long term because not all projects can last a long time, so sometimes if one of them has made a profit for us it would be better to sell it immediately, don't expect that they will provide even more, but with bitcoin I don't think it's too risky if we hold it for the long term and I'm not saying that this is greed because bitcoin really has been proven to be able to survive in any conditions even bitcoin has also proven to be more valuable from year to year.