My BAT token investment is almost 5X now

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A few months back I invested in BAT tokens by purchasing a little. I was holding them for a few months to see if there is a small push in the price. I'm glad that holding it really helped. First I have to thank @trumpman for this. I had a conversation long back with him on the Leofinance discord server about BAT tokens. He told a few points on why he was optimistic about BAT tokens and why it can be a great investment for the future.

Until then I did not have a great opinion on BAT tokens. Brave browser was using BAT tokens but they had lots of bugs in their rewarding model. That was one of the reasons why I did not like it. But later I decided to invest a little bit in BAT and purchased 100$ worth of BAT tokens. When I purchased it, I got around 500 BAT tokens in total for 100$. I'm glad that my investment has now increased almost 5 times and the value of BAT token right now is over 1 dollar today.

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My next question in the mind is when I should be booking my profit. That really a difficult question. I already think that this a good price to exit but my inner instincts say that this is enough. Traders would know that it is a tough decision to make. But for now, I have decided that I should be booking my profit and exit when the price of BAT goes below 1$. Otherwise, I will not be able to reap anything in this bull run if the price goes back to 20 cents again.

This ultimately went out from my radar. I remembered that I invested in BAT tokens a few months back. But I did not bother to check what happened to it for a few months. Only recently I went and checked the price and was surprised to see it was already 5X. Now I feel that I did not invest more. But that happens. I'm already holding a few BAT tokens already in my Uphold wallet that I regularly get from Brave browser every month. I might hold that for some more time and sell this 500 off.

This also provides that any good investment can reap a good profit in the bull market. This is just an example of that. I usually don't get too much of success with trading. I'm glad that my trading is giving something back these days.

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Pretty good
congratulations
But did I miss the train ?
Can I invest in it right now?

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I'm not sure if this is a good time to invest or not. We are in the bull market and predicting an investment is a little difficult thing. Even if I have 1000$ with me right now, I don't know where I would be investing that.

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Bang, I did it again... I just rehived your post!
Week 51 of my contest just started...you can now check the winners of the previous week!
!BEER
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I have around 100 BATs tokens myself for using the Brave browser but I haven't bother since BAT is built on the ETH network. Doesn't this mean you have to pay gas fees to get out?

As for when your worried about whether or not to get out or not. Personally when I am unsure about booking profits at such great profits, I tend to just sell half and let the other half ride. This way you got back your initial investment plus profits at current prices. What happens to the other half is essentially house money and you don't have to worry about it as much. If it drops, you can buy back in and if it goes up, you have the other half.

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Yes, I have exactly the same thoughts. I'm thinking of booking half profit and take the funds out. And also by the way ETH network was one of the biggest reasons why I was hesitant about BAT too. But this trade happened inside an exchange and in that way, I guess I'm a bit safe. I have to pay only the exchange fees and not the gas fees.

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(Edited)

That chart looks kinda bearish, maybe time to sell and buy back?? L shape pattern spotted, to the seafloor for old bat!! (Probably)

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Yeah I think it is good enough to book profit. At least partial. But some people believe it could hit 20-40$ lol.

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Yeah only partial, maybe, is what I meant. If you do be sure to reload up more first chance you get. I agree BAT not stopping in the long run. Only the short term chart looked bearish, like a BOOT! However I do see a little w pattern emerging now! Crypto changes fast!! Thanks!!

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BAT is such a disappointment. I have held around 7000 of them for quite a while but didn't like how they were buying tokens of the market and lowering the circulating supply. It should have gotten to maximum a long time ago.

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Yeah true. I also didn't like many things about BAT. I was also too hesitant during the start but from a trading perspective, it was very well.

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(Edited)

Ok... BAT I am long term bullish on it...because they are for privacy, blocking cookie stuff... rewarding may not be that great, not tried much, I kind of messed up the wallet on brave, still I got some tips, got that.

They are doing incredible stuff ... like they have that Interplanetary decentralised FIle protocal, decentralised file sharing something... and some DEX they are building and I like it that they are rewarding authors too...

So I won't sell it right now, bull run is still ongoing... you can always book partial profits... but BAT I am long term bullish to sell any of it now... I expect it can go to 20-30$ easily, atleast 10$ or 5$...its a large cap crypto project.

I infact brought cryptos like Thetha, theta fuel expecting more ALT coin cycle today... because large cap cryptos are sure shot good investments for gains

Also please check the prices daily, portfolio stuff in coingecko or other apps... problem is BAT is a ERC-20 tokens, I hate them for Ethereum, transaction fees and all...anyway.

I also purchased BAT sometime back and glad about this price explotion, but its still early days. For me, I am reaping profits - DOT, ATOM... I sold some ERC-20 tokens for these hot coins...I am positive this bull run will benifit, I hope.

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Yeah one big thing that keeps me away from some good coins is the fact that they are all ERC-20 tokens. I'm still hesitant to do some investments just because the investment is on Ethereum. I hate ETH that much.

I'm glad that cubfinance came into existence. I would've not gotten myself into Defi if it was not CUB. Though binance smart chain is centralized, I'm glad that they are better than ETH in terms of gas fees.

About BAT I'm thinking of booking a small profit and wait for it to pump even further. I don't like many aspects in Brave browser. They have a buggy rewarding model.

!wine !BEER

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This is all going to change... soon we will have tokens inside Polkadot. Already projects inside cosmos maybe a good alternative to ERC-20 tokens with DEFI projects already in Cosmos. Problem is we have to do more research and reading to get involved there...

I hate Ethereum now, because of frustration else I do respect Vitalik Buterin for this Blockchain Dapp stuff...point is other blockchain platforms took lot of time to come up... I am rooting for Cosmos now...its the main blopkchain platform that provides infrasture for Binance Smart Chain that house CubFinance...

Anyway...

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