I am just Dumping all my altcoins! - page 24.

Bavaria

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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.

Well, that's a good lesson for you and others, then.
I am very interested, what coins did you hodl before dump them?

kidflash

member

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I think all investments have risks, including crypto. We are in the dark now, not like 2017. Don't worry, the market will recover soon.

maxilopez

jr. member

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I think that the big players expected this of us. they want us to sell our assets at such low prices

cryp24x

sr. member

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I personally understand you and will not mock you or will say that you have done a wrong decision. We all know that we have all our needs every day and it is such quite a long time since the market is in better condition. Well, what I can say is that even if you already sold your coins, just continue your walk with cryptocurrency and generate again coins that can be used especially when the market regain its strength. Don't lose hope!

panjay

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well almost like 90% of altcoins is shitcoin. If you can see the top 25 market cap on the past already gone, I mean only a few still holding their value like bitcoin, litecoin, doge etc.

maybe that was a great decision after all, have fun in your vacation, man.

vallydelly

jr. member

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Well it's your decision and everyone is entitled to their own decisions making, for me I know i have lost so much during this bear market but i am not giving up, I will be holding because i still believe things will go up though it might take some little while.

Klausi

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Quote from: Yamifoud on December 12, 2018, 01:34:05 PM

I know it is quite depressing but it is not good to do like that. You are just following your emotions and you aren't thinking it. Anyways, is that your decision, even though we want to stop but we can't. That's your life and hope you won't regret it in the future.

Don't be too rush on all the decisions you have and to avoid those regrets you should hold. Be strong enough so that you won't fall unto a very worst situations that might happen during pumping season.

tanjiran

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That is why we must have plan B and always remember this: never invest more than you can afford to lose. If we have a reserve fund we can avoid the possibility of cut loss, and can last longer if there is potential. Another way is to determine the lower limit of the BEP, so before touching or crossing the limit, the asset must be secured or sold first to avoid losses.

JeromeL

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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 have always advised people not to invest all their money in cryptocurrency. It is necessary to leave a sufficient amount of money so that you can live for a long time in the event of a price drop and you did not need to sell your coins at any price.

Oceat

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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.

You just made a horrible decision that someday you would regret it, though I can't stop you from doing that no matter what your choices are. Just don't forget that you shouldn't be doing this in the future or make it least because no one could tell the future. You might need the money in the future that might make you do it again.

xiboothrezi

sr. member

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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.

That is your full right to your assets, especially if there is a sudden need. This year is indeed quite bad, I experienced it too, several times caught up in the market and lost, but that's the risk. We must be able to understand the risks so that we can accept them gracefully. Hopefully, we will be lucky next year.

Hans Groober

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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.

Dont be upset. When cryptocurrencies begin to grow in value, you will have the opportunity to buy sold coins. You just have to constantly monitor prices, so as not to miss this moment.

adzino

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www.Crypto.Games: Multiple coins, multiple games

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.

Then whats the use of the checking if the market is back to normal or not? You already dumped your coins. You have nothing to check anymore. Would even be better if you don't be involved into the market anymore. You will just end up regretting for selling your coins if you see the price rising back. Assuming you dumped the coin believing that the price will fall down more, if you still want to get involved into the market, then rebuy what you sold when the price is at its bottom peak point.

Vispilio

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Warren Buffet's classical advice “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” holds a lot of merit

for also altcoins, I leave it to you to interpret whether the timing is great to enter long right now, but I certainly wouldn't sell at the moment...

[email protected]

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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.

it was necessary to freak out at least in the summer
you chose not the best time to sell, although I understand you
However, if there is no urgent need for the money invested in the cryptocurrency, you can still wait, there will be a better time for a better sale.

Evushko

jr. member

Activity: 462

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I also let down all my altcoins! I can’t even imagine at a good price or not, simply, really needed money!

Tosin12

jr. member

Activity: 364

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Really the situation of the market is not getting any better off over several months but don't let the frustrating market situation push you to dump your altcoins at giveaway price, don't because you have a lot to do this holiday, there's always holidays, don't because of just one holidays spoil several other holidays to come

MOProgress

full member

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I want to respond to this topic this way, please never dump now, because even if you sell, it will not amount to anything that is profitable, the best thing to do now is to hold for a better market.

bitcoinst

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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 think you acted wisely, in any case, you understand why you are doing this. I will give one piece of advice, follow the market and keep your free assets at the ready, do not miss the upcoming growth, whenever it starts.

hardhouseinc

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Don't dump all of your altcoins because this way you are loosing. Yes, maybe it is wise to consider turning some of them into eth or btc but dumping them is not a good solution.

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