Right decision at the Right time?
For the past few months, I have been observing one of my picks, and frankly speaking, I guess that I have found the bottom but there was always doubt on my mind about whether I find the bottom or not, so I did not decide to go all in it. Anyways that asset has jumped more than 40% in a month and it put a question on my mind whether I missed making the right decision at the right time?
Anyway, I am not going to regret that unrealized gains as it is almost impossible to predict the top and bottom of any project. Instead, I am happy that it bounced back because it gives more value to what I am holding. Since I believe it can go up further before getting the correction, I will be going for a slow buy mode until it reaches the point where I can consider it as a good selling point to realize my gains. Even though I can consider a missed opportunity, my belief in the below points is still strong.
Keep researching for good projects.
I guess everyone has a different definition of a good project, but in my mind, I have a very simple definition like if there is "measurable" development, there is community and the project is not losing its sight of the goals.
Don't risk your assets.
Just like the top and bottom of the market, our analysis of good and bad can be flawed so there might be points that might missed or considered, So we should not overexpose ourselves to one particular thing or project and ignore others.
Keep some liquid assets.
Having some liquid money is always good because it will help you take position whenever the market dips. A few of the opportunities I missed due to not having liquid assets/money in my account when I saw some good opportunities.
Wait for the correction.
If you believe that coin/token overshoots the price, then it makes sense to wait for the correction of the token. To be more apt, I guess Dollar cost averaging perfectly helps in these scenarios as again dip and top cannot be determined, and buying a little every week reduces the risks.
My 2 cents.
I believe that the cycle can repeat itself, so it is always better to be prepared, researched, and keep learning. Any action taken due to FOMO might bring financial loss and affect the mental well-being.
Posted Using InLeo Alpha
Interesting.....thanks, I would add that certainly having the economic possibility to differentiate investments would be great, unfortunately at least I have to make choices, otherwise if it was up to me I would have already entered at least two other Hive projects.......life goes like this.......
!LUV
!COFFEE
!PGM
!PIZZA
Very true, we cannot have energy to follow and invest in all, Having some criteria to filter out will definitely help.
!PGM !PIZZA !LOL !LUV
li-lou, r1s2g3 sent you LUV. 🙂 (1/4) tools | trade | connect | daily
Made with LUV by crrdlx.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
It's better to be safe than rush things. So I definitely agree with your points. It's more important to avoid losses if you want to generate wealth.
Yeah, capital preservation is must.
!PGM !PIZZA !LOL
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
lolztoken.com
They just don't want to.
Credit: reddit
@jfang003, I sent you an $LOLZ on behalf of r1s2g3
(5/10)
$PIZZA slices delivered:
tin.aung.soe tipped r1s2g3
li-lou tipped r1s2g3
r1s2g3 tipped li-lou
@r1s2g3(4/10) tipped @jfang003
!PIZZA
!LOL
lolztoken.com
You re-tire it.
Credit: reddit
@tin.aung.soe, I sent you an $LOLZ on behalf of r1s2g3
(4/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
!luv
!LUV
walarhein, r1s2g3 sent you LUV. 🙂 (2/4) tools | trade | connect | daily
Made with LUV by crrdlx.
!hiqvote
@r1s2g3!
@hiq.smartbot passed you the virtual joint!If you do not want to receive these comments, please reply with !STOP
@saachi, the HiQ Smart Bot has recognized your request (1/1) and will start the voting trail.
In addition, @r1s2g3 gets !WEED from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
Yay! 🤗
Your content has been boosted with Ecency Points, by @saachi.
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for new Proposal
Delegate HP and earn more