I am just Dumping all my altcoins! - page 21.

Coin-1

legendary

Activity: 2618

Merit: 2304

Quote from: Akpuv on December 14, 2018, 07:00:06 PM

Quote from: jademaxxiss012 on December 11, 2018, 08:59:01 AM

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.

Maybe you have take a decision that honestly suits you or solve the financial problem you have. But I don't see much need selling your coins at a loss.

I think that it is normal to dump crypto currency at low levels if you do not expect its price to recover in the near future. Sometimes I also suffer not big losses. I immediately sell my coins or tokens if I understand that prices will not go upward. I always blame myself for my financial mistakes, because I know that every successful trader must correctly predict the movement of crypto exchange markets.

Looks like "whales" want to cash their coins for the holidays too.

Tiana1

jr. member

Activity: 150

Merit: 1

Well, dumping all your altcoins is not really bad especially if its for solving financial problems but I would have advised you to hold a little longer until the market picks up since you have held till now. I understand that at a point, one starts to lose patience but since you didn't sell when the price was still OK, at least not now. The prices of altcoins are pretty low and completely down right now. This isn't the time to sell but to buy and hodl.

Joshapat

sr. member

Activity: 1526

Merit: 255

What happened to altcoins certainly surprised everyone, a significant decline made many panic so they chose cut loss rather than hold, but I'm sure that the future of altcoins is still good so with patience we can make big profits.

Akpuv

jr. member

Activity: 322

Merit: 2

Quote from: jademaxxiss012 on December 11, 2018, 08:59:01 AM

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.

Maybe you have take a decision that honestly suits you or solve the financial problem you have. But I don't see much need selling your coins at a loss.

sieemma

sr. member

Activity: 980

Merit: 253

This is a very bad idea. At least leave some, may a quarter so that in case the coin grows a bit higher, you can use that as a cover. It isn't a good idea to do that. Let's manage to hodl for they say, patience is the key.

Osayo

jr. member

Activity: 294

Merit: 1

Quote from: jademaxxiss012 on December 11, 2018, 08:59:01 AM

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.

I don't think this is the right decision to make. You could have waited a little while before selling. I believe this bear market won't last more than 3 months.

jerrison

full member

Activity: 1442

Merit: 106

please do not dump pleas consider the important once and keep them as they may be a source of major revenue for you. current price of coins may not tell you what coins have potentials since almost all the coins have depreciated in value but consider the important once and give them exceptions in the dumping

bignice

jr. member

Activity: 126

Merit: 1

This month the price of crypto coins is still very low and if you make a sale you will only get a loss. Your coins are sold in very low conditions, even if you are more patient, the price of coins will definitely recover. Now many people compete to buy Bitcoin and all Altcoin. They believe that the market will rebind again.

BTCreward

full member

Activity: 574

Merit: 100

Although you have sold now in the negative, but I think that the market will continue to fall, to the point that you will be able to return and buy the same amount of altcoins only half of the withdrawn amount.

A L I E N

legendary

Activity: 1358

Merit: 1000

Quote from: overnight03 on December 13, 2018, 03:23:29 AM

I know now we are in the peak season of 2018 year, But I do not think it is not a good idea to dump all your altcoins now because now the price of it is very low, if you sell it now, i do not think you will have any chance to make profit from this cryptocurrency market

I suspect that fellow simply had a usual nervous break. Really, selling (or dumping) altcoins now, when they are so cheap, is the wrongest decision. You lose almost everything and get almost nothing.

Google+

hero member

Activity: 2464

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Leading Crypto Sports Betting & Casino Platform

it looks like you are one of those people who cannot control the patience that you have and you might also be someone who easily panics, you have to know that the price of this cryptocurrency has an up and down movement so if prices fall like this maybe someday prices will come back expensive and will make you regret.

dobolspeed3

full member

Activity: 714

Merit: 100

Quote from: vasilisc555 on December 14, 2018, 05:08:21 AM

Personally, I do not sell anything. Late! I am in big drawbacks like 90% of all holders and traders. The only thing that costs us to wait is the end of January.

I also experienced the same thing, it was too late to sell when the market was like this. Indeed, all we have to do is wait until everything is stable. Either until the end of January or continue until the time that we cannot predict.

vasilisc555

member

Activity: 490

Merit: 10

Personally, I do not sell anything. Late! I am in big drawbacks like 90% of all holders and traders. The only thing that costs us to wait is the end of January.

Keyboard PC

hero member

Activity: 924

Merit: 500

it looks like you are late if you want to sell all the altcoins you have because the price of cryptocurrency at the exchange place has decreased very much so it feels if you sell when a moment like this will make you lose a lot.

elzjmirra

full member

Activity: 574

Merit: 100

I know that you are experiencing fear because the crypto-coin market is declining every day. And you panic because you also need money for your living expenses. This is very natural in the Crypto world, but you won't get a chance to make a profit. Because you have sold coins at very low prices.

BitcoinCazh

full member

Activity: 532

Merit: 100

dont panic when the market going down, hold your coins in the next year its will raise again. when you sell all you altcoins, its just make you loss all your money, you must control your emosional in crypto, you must believe for long term, the price will raise again

viananda2525

full member

Activity: 1130

Merit: 133

Quote from: Plecet Bank on December 14, 2018, 03:20:26 AM

You make a decision too fast to sell the coins that you have. I think you will regret later when the price of the coin rises again. In crypto, all this can happen and sometimes the crypto market also gives us a surprise with a very high price jump. In the trade, we must be patient and when market prices fall, it's better to buy coins.

maybe he have'nt any reserve money to cover his life.many people investing cryptocurrency using hot money that should not used to.and finally this happen to them when market crashing.

Plecet Bank

member

Activity: 588

Merit: 10

You make a decision too fast to sell the coins that you have. I think you will regret later when the price of the coin rises again. In crypto, all this can happen and sometimes the crypto market also gives us a surprise with a very high price jump. In the trade, we must be patient and when market prices fall, it's better to buy coins.

CryptoRama

full member

Activity: 453

Merit: 100

Wow, you waited till now, when 85%-90% of the price is already gone, Well congratz, you are doing the only thing rich people want, By my opinion, if you waited till now, you should forget about them, and go on with your life till the next mooning. Well I really don't know, it could get even lower in price, but the price was already dropped so much, that I don't even think it's worth even selling.

R9s

member

Activity: 406

Merit: 10

Fast, Smart, Trustworthy

Your choice may be correct, because the current cryptocurrency market is very bad, no matter what trading strategy you choose, there is a great possibility of loss!

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