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Posted on 9/29/21 at 9:14 am to lsu777
quote:
In the case of link to the point, you could have accumulated 3x the amount of tokens you currently own. or kept the amount you own, paid the 30% tax and invested in another project you beleive in with a shite ton of capital.
Everyone has different strategies. I am a link hodler also and in hindsight yes I could sell the top and buy back in at the bottom and probably 10x my stack of link or I could have gotten reckt completely.
I am certain you have been reckt before day trading and probably have several coins you sold for 5% profit that you watched moon right?
Posted on 9/29/21 at 9:50 am to Ron Cheramie
quote:
I am certain you have been reckt before day trading and probably have several coins you sold for 5% profit that you watched moon right?
well i have 2 differnt bags. one long term and one short term.
on short term...yea i have seen plenty i sold for 5%, moon. also seen those same coins now worth less than what i initially paid.
on long term holdings, i dont sell for small market forces, but when you see a huge arse cliff or a huge run up like with link at 50 or when ada went to a dollar and avax was sub 20 its easy to see the cliff and run up.
not saying you will time it perfect and yes time in usually equals more profit.
but many here were screaming about link when it got in the upper 40s and how it was going to have major pull back.
but hey CE is prolly worth more than me at this point so I prolly shouldnt question him.
Posted on 9/29/21 at 9:57 am to lsu777
quote:
mean i get yall are all holders and shite but jesus, secure your profits and double the amount of tokens you own(in your case, essentially triple) and then when the next bull run comes.....retire.
Easy to say in hindsight. At this point I’d rather just get my daily accumulation from CeFi and wait for it to go where i believe it should . I’ve sold before at $4 and regretted every second of securing those profits . And I’m not gonna triple or double my stack because pressing a sell button for that amount would literally cause me to have a nervous breakdown. One day in the future when I decide enough is enough then I will make the call .
Posted on 9/29/21 at 10:00 am to CE Tiger
quote:
I’m not gonna triple or double my stack because pressing a sell button for that amount would literally cause me to have a nervous breakdown.
that is totally different. i know you are emotionally attaached to link. I was like this in 13/16 pullbacks. hell i told myself after 13 i wouldnt be.....16 was like someone killed a relative. was not good for my mental health.
Posted on 9/29/21 at 10:32 am to lsu777
The problem is selling and then the bull run continues and you have to buy back in at a higher price and own less coins than you would have previously. Or the next bear market is still higher than the price you sold. Most people can't time the market. How many people are kicking themselves for selling BTC at 300% profits in less than a year at the end of 2020 in order to increase their stack by waiting for the pullback to sub $20k that never came? I'd rather ensure my coin stack doesn't decrease and continue stacking on top of it.
Hell, using LINK as an example - I bought many thousands around the 30 cent mark. Sold about 90% of them around $3 to bank profits and add to my stack when it dipped back down. NARRATOR: It never dipped back down.
Hell, using LINK as an example - I bought many thousands around the 30 cent mark. Sold about 90% of them around $3 to bank profits and add to my stack when it dipped back down. NARRATOR: It never dipped back down.
This post was edited on 9/29/21 at 10:34 am
Posted on 9/29/21 at 11:11 am to lsu777
space moves to quickly to not take profits and move on. I agree
hodling stuff for years is what you do in stocks not crypto
sol didn't exist 1.5 years ago as an example
hodling stuff for years is what you do in stocks not crypto
sol didn't exist 1.5 years ago as an example
Posted on 9/29/21 at 11:15 am to 21JumpStreet
only behind eth sol bnb Luna tezos Ada
seems about right for ripple
seems about right for ripple
Posted on 9/29/21 at 11:29 am to rocket31
Yea I agree but my overwhelming largest holding is BTC.
Posted on 9/29/21 at 11:33 am to TigerTatorTots
quote:
The problem is selling and then the bull run continues and you have to buy back in at a higher price and own less coins than you would have previously. Or the next bear market is still higher than the price you sold. Most people can't time the market. How many people are kicking themselves for selling BTC at 300% profits in less than a year at the end of 2020 in order to increase their stack by waiting for the pullback to sub $20k that never came? I'd rather ensure my coin stack doesn't decrease and continue stacking on top of it.
bitcoin is different, that you can buy and hold long term. Personally i still sell on huge parabolic moves.
quote:
Hell, using LINK as an example - I bought many thousands around the 30 cent mark. Sold about 90% of them around $3 to bank profits and add to my stack when it dipped back down. NARRATOR: It never dipped back down.
maybe but if you follow alot of the TA or OCA guys many were screaming things were turning etc on those big run ups.
to each their own. i just feel other than btc....and possibly eth....the market moves way way too fast to sit and hold for more than a year or so.
Posted on 9/29/21 at 11:44 am to JayDeerTay84
yea BTC would be the outlier imo but im becoming more and more convinced that NFTs will serve similar functions as an SOV
ill never sell my SMBs for instance and im guessing many will never sell their punks or BAYC
ill never sell my SMBs for instance and im guessing many will never sell their punks or BAYC
This post was edited on 9/29/21 at 11:44 am
Posted on 9/29/21 at 11:46 am to rocket31
I’ve held pancake longer than I wanted. Gonna let the NFT market place drop this October and see what happens. Maybe sell it all end of November.
Posted on 9/29/21 at 11:51 am to JayDeerTay84
bnb NFTs will be a big deal. a lot of cake/bnb maxis out there 
This post was edited on 9/29/21 at 11:51 am
Posted on 9/29/21 at 11:56 am to lsu777
I respect your hustle, but trading isn't for me. 
Posted on 9/29/21 at 12:04 pm to rocket31
Yea it could blow up. I just don’t know.
Posted on 9/29/21 at 12:33 pm to BottomlandBrew
quote:
I respect your hustle, but trading isn't for me
Yeah it’s not for me either.
I would lose my mind checking prices all day and TA and setting up bots to trade to get a 5% gain and then have to deal with the taxes on all that.
Posted on 9/29/21 at 2:59 pm to Ron Cheramie
guess I'll buy $coin here
beaten down bad. sheesh
beaten down bad. sheesh
This post was edited on 9/29/21 at 3:00 pm
Posted on 9/29/21 at 6:27 pm to rocket31
Why we buying coin vs crypto?
Posted on 9/29/21 at 6:32 pm to 21JumpStreet
just a trade for me
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