Can you sell your altcoins ? - page 5.

-Redacted-

hero member

Activity: 574

Merit: 501

Quote from: Mehjia on January 11, 2018, 03:14:37 PM

Hello everybody , I am kind of new to this world.
I have made some investments in the altcoin , I think I have some good coins wich I can trust more in my portofolio like PRL , Onions , Dubai Coin and in my opinion Potcoin also.
I also have some coins like Verge , Power Ledger , Dogecoin in wich I dont have that much trust but I really just can't sell them , I'm like afraid that they will rise good and I will regret selling them.
I have some coins on my mind wich I will also like to add to my portofolio but it seems like my only option is to deposit more fiat money and buy them also , because I really can't convince myself to sell any coin

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Do any have this problem, have this fear of selling altcoins before they rise from the buy price , I really can't give up on anything I buy If it doesnt make a huge jump to generate some profit

If you decide to become a trader you shouldn't be afraid to sell. This is normal in this kind of sphere. You can look at the statistics of the cost of coins, compared them all and identified the most promising. So you can sold rest coins and invested in something more weighty.

fazerockzx

member

Activity: 110

Merit: 10

It's hard to sell altcoins to other people because there is a lot of scammers out there, we don't know who, they just might have a friendly conduct towards each other but still you don't know who you are negotiating with. You could just maybe sell it to a brandly known company.

Valuyet

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Activity: 168

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Digital Wealth Management Platform

I don't for now, because currently although I have $150,000 amount of assets and I still hold them because I'm confident that my coins will offer me $1M this quarter. I don't want to see it fall so I will dump them all and start to build up my future outside cryptocurrency, and it's always the best thing you can do if you already get your profits. I'm one of the luckiest guy on Earth earning $1M in just a couple of quarters through Cryptocurrency.

Tosyn2

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Activity: 566

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The decision is for the owner of the coin to take, it can't be taken for you whether to sell your altcoin, have an exit anytime you felt enough gain has been made on that particular altcoin.

carrie_white

full member

Activity: 784

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to be honest I also have experience like you, afraid to sell altcoin because of the possibility the price will rise again and then we regret, but altcoin very unpredictable when the price will rise and when it will go down, so you should set at what percentage of your coin go up and make a profit, then sell it

armutkafa

member

Activity: 99

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I don’t know if this makes you comfortable a bit but no one can make perfect decisions in crypto. If they could everyone can be millionaire in 2 months. Don’t get stuck in your previous losses. To make it easier , don’t wait for a coin to reach it’s peak to sell. Do it when you think you are satisfied with the increase.

ORiN

sr. member

Activity: 532

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The ideal option is to buy as many coins as you can, buy new promising cryptocurrency and watch how they grow.

dasha_buka

full member

Activity: 392

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This market is very good . But at the same time and complex . In such an abundance of cryptocurrency difficult to find profitable asset , so carry out a thorough analysis of the coins you buy ,then that would not have been hurt

Usui-Chan

full member

Activity: 224

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You can exchange your coins into bitcoin or other common coins such as ethereum or bitcoin cash to exchanges which are widely recognized and available for everyone that needs them. You should check the prices first before making any move with your coins though, you can always regret or rejoice from your decisions.

BitcoinTurk

hero member

Activity: 1694

Merit: 629

I will not sell my coins now because i will buy them for hodl and take a profit in a long run. If you buy your coins to take a good profit in long run, don't sell them but if you want to take some profit(s) from this coins you can sell them when they gain more value.

poncik

member

Activity: 308

Merit: 10

I dont sell my coins now. I regret everything I sold. I'm holding on to everything now. I think this is more profitable.
Long-term investment is a better option than trading

Treshkilling

full member

Activity: 518

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in this market you never will know exactly when to sell, so drained of the coins when they will do 100% to bitcoins and profit from that invest in other promising coins, if you want

Kupid002

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Activity: 1036

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Quote from: Mehjia on January 11, 2018, 03:14:37 PM

Hello everybody , I am kind of new to this world.
I have made some investments in the altcoin , I think I have some good coins wich I can trust more in my portofolio like PRL , Onions , Dubai Coin and in my opinion Potcoin also.
I also have some coins like Verge , Power Ledger , Dogecoin in wich I dont have that much trust but I really just can't sell them , I'm like afraid that they will rise good and I will regret selling them.
I have some coins on my mind wich I will also like to add to my portofolio but it seems like my only option is to deposit more fiat money and buy them also , because I really can't convince myself to sell any coin

.
Do any have this problem, have this fear of selling altcoins before they rise from the buy price , I really can't give up on anything I buy If it doesnt make a huge jump to generate some profit

you have some fear of selling your coins cause you believe on that , that coin you may own have some potential in the future . This is some of set of mind that are good to have but as you where told for you may afraid so let your decision may lead you what you think are the best thing to do hearing some advice are good but what more good is that you may convince by your self for what are the best thing to do.

haidangtp

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Activity: 336

Merit: 10

Choose a plan when deciding to sell altcoin. Determine what the goal is and how much percentage of your return.

AjithBtc

sr. member

Activity: 1666

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With trading one should not have the fear of missing out the increased price. Each trading decision need to be taken based on the market as well the personal requirement. Because the market is unpredicted and the same might lead to a price drop in an unexpected time period by which you were expecting growth to take place.

Kryten12

member

Activity: 448

Merit: 15

TREEBLOCK

Yes I can sell my altcoins, you have to be forward focussed when investing in crypto, no point looking back to second guess or rue your decisions. Maybe you should try top slicing on your investments? When your altcoin has risen by a certain amount you then take out as least your original stake and if possible stake plus some profit. You can then leave the remaining coins running with now financial downside risk to your original trading fund.

justBorn

newbie

Activity: 42

Merit: 0

Quote from: Mehjia on January 11, 2018, 03:14:37 PM

Hello everybody , I am kind of new to this world.
I have made some investments in the altcoin , I think I have some good coins wich I can trust more in my portofolio like PRL , Onions , Dubai Coin and in my opinion Potcoin also.
I also have some coins like Verge , Power Ledger , Dogecoin in wich I dont have that much trust but I really just can't sell them , I'm like afraid that they will rise good and I will regret selling them.
I have some coins on my mind wich I will also like to add to my portofolio but it seems like my only option is to deposit more fiat money and buy them also , because I really can't convince myself to sell any coin

.
Do any have this problem, have this fear of selling altcoins before they rise from the buy price , I really can't give up on anything I buy If it doesnt make a huge jump to generate some profit

Better if you set your goals whether when you want to sell your coins. Holding a coins is powerful rather to buy low and sell high. Someone take profit in 30% gain, someone wants 100%. Its a matter of choice when you want to take your profit.

prabhu3361

newbie

Activity: 27

Merit: 0

By asking this question, you seem bit afraid of crypto. Don't panic. The market will do corrections for stabilizing.

But don't forget to play safe. I always advise you to take out your investment ASAP.

When it comes to your question,
I don't have a plan to sell my Altcoins. Holding 700000 CND, more than 36Million Kik and few other coins. They have already returned my investments by following my crypto rule.

My Rule:
Invest in best ICO's, only 2 or 3 ICO in a month and when it comes to exchanging will do short time flip and then hold for a long time.

loragean03

full member

Activity: 403

Merit: 100

its very normal for newbie to be afraid of losing a chance to generate profits in the future, you have so many coins that you know it will grow some day and you also have coins that you believing that its not a good coin but you cant let it go because you are afraid to miss a ride in these coins if it move/pump soon. the mainstream is hold all your coins that you think that had a potential to grow in the future, and buy some alts that also had a potential to grow for you to generate profits. don't be afraid of losing if you think that all your coins had to grow someday.

Litzki1990

sr. member

Activity: 1386

Merit: 406

Quote from: husdemba on January 11, 2018, 03:36:25 PM

I'm afraid to sell my altcoins and the reason is the same as yours. I think we need to get used to it.
This is the crypto currency world

Me too im afraid to sell my altcoins, Because some of my altcoins have a potential to increase the value.
I you are a weak hand maybe you can sell it early. But for me i need to hold it until the time of my coins will increase.

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