Always take profit

The essence of this post is to add as a little reminder to those newbies who just embraced the blockchain and also to those who are already conversant with the blockchain. We all knows that when it comes to cryptocurrency and the blockchain in particular they are basic necessities that I deem it fit to follows. Truth be told we all knows that when it comes to cryptocurrency there is no body that knows it all but despite that they are certain things that is worth emulating and if you knows how to go along with things you will be able to leave your imprint here. The great traders that we all are looking up to when it comes to cryptocurrency started from something. Despite the ups and down they ensured that they braces their selves, stay strong, applies wisdom and stays smart. We all have seen and heard different stories when it comes to cryptocurrency, it is those stories that has shaped us into the stage that we are into today.

Credit

I must admit that I never thought of writing about this topic today or even in the nearest ten (10) months but while I was doing my normal cryptocurrency research, something came on board. It was such incident that triggered my mind into writing about this post. I am happy that irrespective of anything, this post will also act as guide to those who wants to make some cryptocurrency decisions. Just like what I hinted above, we all knows that when it comes to cryptocurrency there is nobody that knows it all. You just need to knows that whatsoever decisions that you are taking when it comes to your cryptocurrency journey it should be coming from you.

Permit me to tell you what really brought my attention into writing this post. Do you knows that there is this token that I was given freely. The token is the official token of a blogging platform and as I said above, I was opportune to be given the coin. I was really happy being a holder, we all knows how owning a blogging token plays an important role to their governance. Some person that are whales in some blogging platform today earn those tokens freely and with their decisions they were able to make more of it. Some abandon their token and today it has risen massively in price and that person is now a whale in that platform. He is now making a lot of money base on how he uses the opportunity that was thrown at him. I have also seen people given such cryptocurrency opportunities and today that Blockchain is no where to be found. When it comes to cryptocurrency just knows that making decisions is the hardest thing that you can ever think of. It is one thing that looks easy but it is never easy.

Credit

As I was saying, I received the token and for some months now I don't care what is happening in that Blockchain. I don't even bothered checking up on anything. I am just after other activities which needed my time and attention. A day came that my mind was brought back to the token I mentioned above, this was because the token increased nicely in price. I was really happy and I said to myself that I won't be selling the token no matter what. I was having tons of expenses as at that moment but I decided to play low and still hold the token hoping that it will rises more better to my target. As we have it, do you knows that it didn't take up to two days before the token dump way worse more than how it has been before. Take this as a case study, do you knows that the first day I was given the coin it was trading for $3. After some time do you knows that it rises to over $800. After some days do you knows that it dumped badly to less than $1.6. I was left confused and with disbelief. I had to keep refreshing the price to see if it was glitch. Well, as we have it that was the price and not glitch. I felt really sad and bad because assuming I sold I could have made a lot of money and also able to buys a lot of the token by buying my way back into the project. Such a painful experience.

Credit

The bottom line is that you should learn to always take profit if your mind tells you to, there is nothing certain when it comes to cryptocurrency. I will end the post here, if you have any thing else to say please air your view by commenting under this post.