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Topic: I am just Dumping all my altcoins! - page 22. (Read 88986 times)

newbie
Activity: 20
Merit: 0
December 14, 2018, 02:18:42 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.
If you sold your coins for the holidays/Christmas celebrating then it is not your mistake. This year some people are bearing a loss for that event and some are unable to buy their favourite goods for that as they do not have got the profit. If after holidays you have money then buy back them.
sr. member
Activity: 994
Merit: 251
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December 13, 2018, 03:28:15 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
it's true the problem is that in the coming year the altcoin will experience a price increase, so by removing the altcoin it's wrong. and in the end all of you who throw away the altcoin will feel sorry for sure
member
Activity: 308
Merit: 10
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
jr. member
Activity: 448
Merit: 1
December 13, 2018, 03:16:57 AM
That sounds like someone who has given up everything concerning cryptocurrency and why did you hold onto it for such a very long time just to give it up when you will be at a very great loss think about it you are not doing the right thing
full member
Activity: 602
Merit: 100
December 13, 2018, 03:07:30 AM
You have to keep patience & never sell your coin in a huge dump, because here is mostly chances to market recover.
At the moment if you will sell than you will get nothing so keep patience & hold your coin to make profit.
member
Activity: 420
Merit: 50
December 13, 2018, 02:54:03 AM
You are in desperate need of money as you are going to celebrate your holidays. And it is your choice to get some money by selling the 'valuable asset' for peanuts. If you follow my advice, you should not sell your holdings for peanuts. Given the volatility of cryptocurrency, the market goes up and down from time to time. So wait for some more months.

I guess the OP really need money for this month of Christmas and this coming new year. We cannot force him to hold his asset because we have different perception in cryptocurrency. We knows the market is really struggling, so for me, I'll stil keep holding with some of my coins hoping for the best by coming next year.
full member
Activity: 546
Merit: 100
December 13, 2018, 02:53:48 AM
You might have taken a wise decision as bearish period is still in place and it doesn't give any sign it will go away anytime soon.

During long bearish periods is recommended to remain in fiat or Bitcoin rather than altcoins that lose faster their value.
Yes, it's better to sell Altcoin for Bitcoin now, then we hold the Bitcoin we have. Because Bitcoin doesn't really decline when prices tend to decline, unlike Altcoin, Altcoin can suddenly scam or lose value very badly.
Jpt
jr. member
Activity: 374
Merit: 1
December 13, 2018, 02:41:43 AM
You are in desperate need of money as you are going to celebrate your holidays. And it is your choice to get some money by selling the 'valuable asset' for peanuts. If you follow my advice, you should not sell your holdings for peanuts. Given the volatility of cryptocurrency, the market goes up and down from time to time. So wait for some more months.
member
Activity: 434
Merit: 10
December 13, 2018, 02:33:05 AM
You did not mentioned all those coins that you dumped but this has been the case for all of us, we have a holiday spent that is coming and we need money asap and seeing that we have unprofitable assets and we sell them, not really a bad idea as long as you are not giving up trading and investing in cryptocurrency.
at least it wasn't for surrender on crypto. Indeed the life that needs money and sells at such times though are in but when it takes so not a problem. There will still be another increase or another opportunity to re-start on crypto and perhaps it's already a good time than at present.
member
Activity: 742
Merit: 21
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December 13, 2018, 02:17:50 AM
You might have taken a wise decision as bearish period is still in place and it doesn't give any sign it will go away anytime soon.

During long bearish periods is recommended to remain in fiat or Bitcoin rather than altcoins that lose faster their value.
member
Activity: 459
Merit: 10
December 13, 2018, 02:06:14 AM
I think that you are correct. I support your management method. I think that the altcoin is facing a major test this time. Many altcoins will disappear in the future cryptocurrency market, so it is wise to sell the altcoin now.
jr. member
Activity: 251
Merit: 6
December 13, 2018, 01:55:55 AM
That's bad, you should hold your altcoins, you get nothing much to sell at this time, if you could be more patience, wait until the market gets better, you can sell in high peak of the market. You sell now and get back when market get back normal, it's big loss because you when you get back, altcoins price will be very high.
jr. member
Activity: 215
Merit: 1
December 13, 2018, 01:40:27 AM
maybe what you do can be a good thing if it turns out later that the crypto situation gets worse and continues to experience a very drastic price decline, and also maybe what you do can be a bad thing if crypto is recovered and price increases, the point is between keep holding or selling coins, as well as having a big risk
sr. member
Activity: 840
Merit: 252
December 13, 2018, 01:03:57 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.
Well, if you believe you cannot hold on anymore then so be it. We cannot force ourselves to believe in things we cannot control but seeing it falling and we will also fall with it, I guess, it makes sense to sell it. It is yourself to be blame in case the market will reverse its trend.
sr. member
Activity: 826
Merit: 250
December 12, 2018, 11:54:55 PM
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.
That means we are already near to the bottom Cheesy. When the strongest hodlers sold their crypto, market will start to grow.
full member
Activity: 2324
Merit: 175
December 12, 2018, 11:11:47 PM
You did not mentioned all those coins that you dumped but this has been the case for all of us, we have a holiday spent that is coming and we need money asap and seeing that we have unprofitable assets and we sell them, not really a bad idea as long as you are not giving up trading and investing in cryptocurrency.
member
Activity: 336
Merit: 10
December 12, 2018, 10:59:02 PM
Go right ahead mate  Cool! and i would buy them cheap and wait for moon. hahaha...cryptocurrency is a game of strong hands if you cannot stick by this game then you don't belong here. I believe you are one of the who panic when the crypto market goes down and keeps on fluctuating every now and then.
sr. member
Activity: 756
Merit: 252
December 12, 2018, 10:47:50 PM
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 just hope that you do not regret your decision, there are many stories of people that invested in the right project and they missed huge profits just because they were not patient enough to hold their coins for long enough to see those profits, anyway I wish you luck and I hope that you enjoy your money during the holidays, at least that will take your mind away from the markets that have been so bad to us lately.
hero member
Activity: 2660
Merit: 651
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December 12, 2018, 10:46:36 PM
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 think your words are not straight forward because youv said two things at a time, you said you need money to fix somethings for the holiday so you decided to sell your holding and you also said you cant have more patience or believe the market will recover. But, I want you to know that youre wrong in terms  of the market not recovering because this is not the first the crypto market will be in this state of down trend.
sr. member
Activity: 854
Merit: 250
December 12, 2018, 09:32:11 PM
I have been selling my digital assets since eth has experienced a considerable decline. I do this because my analysis shows that this trend will continue to continue eth has decreased
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