Quote from: Mpamaegbu on September 23, 2025, 10:57:20 PM

Quote from: Nexta on September 23, 2025, 07:58:43 PM

I once held onto a coin as it dropped, convincing myself it would bounce back. Instead, it kept falling. Selling felt like failure, but holding felt worse.

That loss hurt, but it forced me to face reality: not every project recovers. Risk management isn’t just advice,it’s survival.Have you ever learned more from a loss than from a win?

That's why it's advised that we invest what we can afford to lose. That's the mindset to adopt whenever we're investing in anything. I mean anything at all, including Bitcoin. Just put the money in there and forget it. If it turns out profit, fine. If it doesn't, it's still okay. Just move on. There are some tokens that were almost forgotten a few years ago that are pumping now. A few of them like Bilicat, Wikicat, Mumu, are pumping now. Those who hedl them, are now feeling lucky. I'm sure most of them may have even lost hope of a recovery. Crypto is a crazy place, honestly. How do you justify a token like Mumu that had a marketcap of less than $3k just two weeks ago doing almost $1 million MC today? I'm not shilling for any of these projects but I just needed to cite them as examples as they're current happenings that I'm observing. I won't even ask anyone to buy into them now as price has already gone high. This goes to show that in this crypto space, surprises are a common thing. Don't write off any project. Someone might pump them tomorrow.

Only a few of these tokens can pump in price in the long run and majority of dump slowly overtime just like what OP experienced. Most of these coins are pump and dump, they have not that they ve no utility. Most times, it's always a rebrand of a dead project with a different name for the same purpose of scamming people.

Altcoins are for short term and not long-term because they hardly recover and if you're lucky to invest on a coin that uou saw the price pumping, it's better that you sell it and take profit immediately. Only bitcoin is worth holding for long-term because the price increases overtime.