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Topic: I will never sell my Alts for loss: Prefer to take them to the cemetery! - page 11. (Read 3738 times)

member
Activity: 420
Merit: 10
Nice to hear your opinion. Indeed, this approach is now probably becoming the most correct. After all, you never need to sell coins at a low price during the fall of the market. After all, such a panic sale will be very stupid. A smart investor should be able to maintain patience and make the right decisions.
full member
Activity: 560
Merit: 100
It depends which type of coins you are holding,if they are scam such as Bitconnect,Centra and etc.you would better forget about them but if you are holding etherium,litecoin,ripple and other top-coins you should hold for a couple of years to sell fhem for good price.
full member
Activity: 588
Merit: 107
I prefer to sell at a loss than see the value of the coin/token go to cemetery  Grin.

I slowly unloaded and parked to usdt starting early q2 of 2018 until first week of Nov 2018, then started buying back this January of 2019. Now I hold more tokens/coins now compared to just hodling.  Grin

To HOLD or SELL at a loss then buy back later is the real battle for each crypto owner.
I'm glad I sold and am buying back now.
sr. member
Activity: 502
Merit: 250
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As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!



I'm guessing if you are still holding  Cheesy  by the way, you can have the HODL mindset only with good altcoins that you think they will success in some years. If you are holding the average scam coin, then you will not came up with anything. personally your choice, cardano, seems good and I suggest you to keep it up and enjoy profit at the new upcoming ATH Wink
sr. member
Activity: 444
Merit: 250
Though there are sea of coins in crypto world, only some of them are legit and having working devs with continued development activity. Keeping those coins for long term would be good.
sr. member
Activity: 327
Merit: 250
Yeah, hodl strategy is not bad, bought and forget for 5 years. But need to truly sure that your altcoin will be still alive after such a big interval of time. And I think Cardano have such chances to survive.
Buying and just holding without a plan to sell is a bad idea. We are investing and putting our money into a specific coin or cryptocurrency because we want to make profit and enjoy that profit. It is best for the investors to have a solid plan to determine what are they going to do after such time of their investing and not just keeping it until you die.
hero member
Activity: 1932
Merit: 506
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You really have a very solid determination. You have a point, what you are doing is about patience, trust of your investment and a solid determination to never sell your asset at lost.

There are many reasons why other people sold their assets at loss, either they badly need a money for emergency cases or they are just newbie that didn't know what they are doing and are afraid to loss everything they have invested.

Whether what is the cases, it is very important that we know what we are doing and I salute you as you already know what you are doing. Keep it up and update this thread again once you became successful with your plan as I believe in crypto currencies also. I am pretty sure that you will not end up taking them to the cemetery.
sr. member
Activity: 826
Merit: 250
Yeah, hodl strategy is not bad, bought and forget for 5 years. But need to truly sure that your altcoin will be still alive after such a big interval of time. And I think Cardano have such chances to survive.
member
Activity: 882
Merit: 13
The one who holds will have the last laugh and will reap good rewards, it's good to see that there are still holders like you for long-term. For sure holding cardano is a great choice because in two years time bullrun may start and hope you can wait and don't sell your altcoins until it comes.
member
Activity: 714
Merit: 14
Selling when price of a coin drops yield only losses for the investor. Holding a coin does not reduce the value of a coin even though the price may be reduced at that point in time. Patiently holding and waiting for the bull market is what will bring profit to the investor. Anyway, not all coins are worth holding and this is why every investor is required to study the coin or project before buying in order not to end up selling for losses.
member
Activity: 434
Merit: 10
www.thegeomadao.com
Good decision. After all why one tends to sell off their coins for peanuts? If you are sure that the market will not collapse and the coins you have been holding will not disappear from the market, you should hold them until they reach the moon. But it will be beneficial if you have good crypto trading knowledge. Holding shit coins for long without observing its consequences is also a bad idea. So be smart and trade smartly.
member
Activity: 798
Merit: 10
As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!
I think you hold a good coin. Cardano have big community and active developers team. Its good project and i think its worth to hold for long term. People have their own reason why they selling their own alts and i think its free market and anyone can buy or sell their own coin
full member
Activity: 448
Merit: 100
But 9%/year if ICON went up to $30 in few years that would be enough for a comfortable life. Even if it could stay at last ATH would be nice enough. But nobody knows.
sr. member
Activity: 812
Merit: 256
As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!
Buying or selling at any time is up to you to decide. Depends on market forecasts! The electronic money market has a big price fluctuation! Consider and invest safely!
full member
Activity: 994
Merit: 105
As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!

What faith you got in your holdings. Indeed some of them will bring you or give you the best profit in the future. Patience will give you something the best and also these alts is on the top on CMC really worth to hold even for long term. Goodluck
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!

Take it easy brother. You ain't holding shitcoins. Cardano's still a good token . Not those empty altcoin that have no where to go. Btw, you can diversify to exchange coins and accumulate the good ones and in next one year, you'll be fine. Just know that emotions don't move prices.
member
Activity: 672
Merit: 10
That's the spirit. HODL and get rich or die trying. Take 'em to the grave with you if need be!
like gambling when holding our assets longer. but if the possibility of making a profit by holding assets I think is not a problem, than we sell assets at low prices and we lose investment.
legendary
Activity: 1470
Merit: 1021
That's the spirit. HODL and get rich or die trying. Take 'em to the grave with you if need be!
member
Activity: 560
Merit: 10
Strong determination. I like it very much. If all traders were like you the market would never see a downfall and all would become happy seeing all coins in the green. But all is not like you. Having suffered a big loss, how could one get patience and hold his or her coins for so long time? What they want is to cut their loss and live a tension-free life.
member
Activity: 490
Merit: 10
People are most likely to have fast profits and they are unable to hold altcoins for more than 2 months. If a coin drops they are selling everything for several cents and then yelling that crypto market is a bubble.
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