Dont sell off because of the period - page 4.

Vishnu.Reang

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Quote from: Kez1817 on May 11, 2020, 08:07:18 AM

Selling altcoins to buy bitcoin is not the better way to gain more profit ,instead it will lead to lose. The best way is to invest both in bitcoin and altcoins if you can afford to avoid regrets if both those coins value will increase in the near future.Also investing always need patience.Making profits is not suddenly,it takes time.

Depends on which altcoins we are talking about. I have been active here for more than three years, and I have seen the ups and downs of cryptocurrency. And right now, I am feeling skeptical about the altcoins. During the last 1-2 years, the acceptance and adoption of altcoins have declined considerably. And this is applicable to some of the well known altcoins, such as Ethereum, Ripple, Cardano, Litecoin and Monero.

Dollar_Hunter

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COMBONetworkio

Quote from: Kez1817 on May 11, 2020, 08:07:18 AM

Selling altcoins to buy bitcoin is not the better way to gain more profit ,instead it will lead to lose. The best way is to invest both in bitcoin and altcoins if you can afford to avoid regrets if both those coins value will increase in the near future.Also investing always need patience.Making profits is not suddenly,it takes time.

you will regret if you sell Altcoin now and go to Bitcoin, the price of Bitcoin will indeed go up but not now,
maybe altcoin season is coming soon, if you sell altcoin now you can cry all day

Kez1817

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www.cd3d.app

Selling altcoins to buy bitcoin is not the better way to gain more profit ,instead it will lead to lose. The best way is to invest both in bitcoin and altcoins if you can afford to avoid regrets if both those coins value will increase in the near future.Also investing always need patience.Making profits is not suddenly,it takes time.

lienfaye

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Quote from: Lexurdania on May 11, 2020, 04:26:53 AM

In my opinion, in investing what is needed is patience and also making the right strategy when we have to sell or when we have to buy. If we have decided to invest long-term, I don't think we need to think about the daily price movements because it can interfere with our psychological

Thats the advantage of holding for long period, you dont need to worry for the current price and the roller coaster movement of the market since you already set a time frame on when to hold your coins.

On the other side if I want to buy bitcoin I wont sell my altcoins to be able to buy. I will use fiat instead because it would be best to diversify and never stick in just one coin no matter how profitable it is.

Lexurdania

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Quote from: BIT-BENDER on April 29, 2020, 02:14:40 PM

Am not the one to endorse all altcoin, or point someone to the direction of trading or investing in one. But am the type of investor that does believe in shaking or shivering with situation.
Bitcoin is rising and thats good. Rumors can say the up coming bitcoin halving has something to do with it.
Many are now quick to sell off altcoin that they have been holding with so much promise.
This can be of bad consequences, I am the one to always invest in BTC if I have the found to get one, but I did not invest in bitcoin because of increasing price.
What you tend to loose selling of your coin
+ all your time of investment would become in vain: long term holder of altcoin should not without a thoughtful look sell off there coin
+ things might not go as you planned: the ball can go two ways, one it can go in your favour and two go against you.

I understand that investing in something more promising -bitcoin for example- is productive, but rather than, selling off just invest in it with available raw capital.

In my opinion, in investing what is needed is patience and also making the right strategy when we have to sell or when we have to buy. If we have decided to invest long-term, I don't think we need to think about the daily price movements because it can interfere with our psychological

Spaffin

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that time has already passed, When it was profitable to invest in altcoin at the ico stage of the company, as well as when these altcoin entered the market during the first drop in their prices. today in the cryptocurrency market there are already well-established altcoins that are in constant demand and it is very difficult to make a profitable investment, especially if you expect to get very fast and big profits. if you invest in Ethereum or Bitcoin Cash, for example, and these are almost the most expensive altcoins on the cryptocurrency market, then you will get good income thanks to these altcoins only after long-term storage for a period of several years. But before you act, you always need to calculate your risks, including altcoin prospects and future development opportunities. as well as how the development team does its job to promote its project.

gweedo

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Quote from: Inosend on May 10, 2020, 05:58:19 PM

Alot of traders are falling for FUD but am very much certain that the current situation is temporary and soon everything will go back to normal

FUD always happens in this market, it will last forever with the development of the market. Investors need to gain experience so they can not be trapped in bad situations leading to losses

kceekcee

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It is hard to convince when and how to sell.
Because time and time again, different investors got in at different times totally.

For some investors, they are at 100% profit, for some 50%,for some 10%

And this is one reason why some find comfort to dump and take profits anytime

jargom

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another period should I sell now then

X-ray

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Quote from: StephenJH on May 10, 2020, 04:13:15 PM

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.

That's a usual thing when you already decided to deal with speculation market. If there was no someone who losing his money and there will be others who will take the profit.
This is how the crypto ecosystem works today.

The fact so many new millionaires have been coming from the investing in altcoin too. It can't be denied.

totoy4741

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Quote from: mekar sari on May 03, 2020, 01:13:21 PM

I personally still hold some top coins like ethereum and bitcoin, I know in this situation the possibility the coin will rise higher hopefully in this period will bring a lot of profit to me because I hold coin it included in a long time

The only best option right now is to hodl since were are nearing in bitcoin halving that might see some pirce surge for these two major coins, and maybe we some spike up from other alts as we especially those coins that shows promising potentials and making a long stride even if the market was down few months back.

coinsycrip09

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Quote from: StephenJH on May 10, 2020, 04:13:15 PM

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.

this is not entirely true, we can still benefit from altcoin of course it has conditions.
first, we must find the right altcoin. secondly, of course we must know when to buy and sell it.
that way we will get the benefits we want.

Nesbee2

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The worst thing that can happen to anyone in crypto investment is to panic sell . there is this saying that you don't lose in crypto untill you sell .

this is true but in some cases people feel tired of holding a particular asset and for the fear of losing all , they follow one little FUD and sell off. At that point ofcourse you have lost .

If you must survive in the cryptoworld you have to learn first how to do you own research . its not all News you hear that are true some are fabricated just to cause FUD and make weak hands to panic sell . i have witnessed this severally and i have learnt to do my own research before deciding on whether to sell or buy any crypto asset.

Leonardo7

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I sold off some of my altcoin to buy the ones I feel would be a better investment in the long term. I am was tired of always watching the coins not to dump by trading them.

Inosend

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Alot of traders are falling for FUD but am very much certain that the current situation is temporary and soon everything will go back to normal

JeffBrad12

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Quote from: Santri on May 10, 2020, 03:50:31 PM

hold altcoins is't easy especially for altcoins that are still relatively new, there will certainly be a lot of fudders or news that makes holders feel doubt so they prefer to sell altcoins and exchange it for bitcoin. And now there is news that half of bitcoin will push up the price of bitcoin, so many people don't want to miss that to make a profit

It caused by altcoin has a lot of problems especially when it comes to the development progress.

The majority of traders are preferring to sell their altcoin for USDT and that's it. People aware of the potential of volatility to eat their profit instantly. One of bitcoin whale has said that the halving already priced in and what will be coming very soon to make bitcoin to go back again to the middle level. There will be no FUD or bad news but traders have the intention to sell after the event has already done.

pikkie

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Quote from: StephenJH on May 10, 2020, 04:13:15 PM

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.

only a few altcoins that do have very good potential that will provide many benefits for those who buy them, but of the many altcoins that are created, only a few altcoins have succeeded in developing it into reality, so my advice is not to buy altcoin wrong, make sure the altcoin purchased has good potential which can make a lot of profit.

StephenJH

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No more Rekt and Bust

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.

alisonwonder

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Quote from: Santri on May 10, 2020, 03:50:31 PM

hold altcoins is't easy especially for altcoins that are still relatively new, there will certainly be a lot of fudders or news that makes holders feel doubt so they prefer to sell altcoins and exchange it for bitcoin. And now there is news that half of bitcoin will push up the price of bitcoin, so many people don't want to miss that to make a profit

unfortunately the current condition of the price of bitcoin at the exchange place is falling so I think that if selling it and exchanging it for bitcoin at this time will only give a loss, it's better to keep the assets in the form of altcoin and wait until the altcoin price also experiences an increase in price.

Santri

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hold altcoins is't easy especially for altcoins that are still relatively new, there will certainly be a lot of fudders or news that makes holders feel doubt so they prefer to sell altcoins and exchange it for bitcoin. And now there is news that half of bitcoin will push up the price of bitcoin, so many people don't want to miss that to make a profit

Topic: Dont sell off because of the period - page 4. (Read 1025 times)