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Topic: I will never sell my Alts for loss: Prefer to take them to the cemetery! - page 5. (Read 3727 times)

member
Activity: 546
Merit: 11
There are some coins that you can hold for a long time while others too, you can't hold for a long time. You don't have to make your mind to hold coins all the time, because you might ran at a huge loss.
full member
Activity: 854
Merit: 102
PHORE
I think it's a difficult decision especially with altcoins and they have been losing much of it this year because it's losing the bitcoin price even though their losses are huge but they still hope to recover their losses holding their altcoins has this chance especially the bitcoin price rises so many investors are buying altcoins that are longterm and potentially so that somehow they marecover their losses to the holders of altcoins do not be afraid because if you know only longterm and you have the potential to hold altcoins I'm sure that it will return to its usual price.
member
Activity: 632
Merit: 60
I think many people have experienced similar feelings. There will always be those who sell their altcoins at a loss, these people never had a strategy and knowledge, they just came to earn, and as soon as the price fell in a panic began to sell, so as not to go bankrupt. In the cryptocurrency market, such people are not needed.
sr. member
Activity: 784
Merit: 256
Binance #Smart World Global Token
Personally, I prefer to get rid of shit coin in time, since it is better to buy cryptocurrency from the TOP 50 with this money.
member
Activity: 574
Merit: 10
This is determined by the correct tactic if there are coins from the top 20 in you. But if these are the coins that you buy at the ICO there may be problems.
sr. member
Activity: 1050
Merit: 254
I feel the same way too, hodler of cardano since late 2017, did not sell it on 0.03$ a piece, won't sell it at any other price then...
Well here is a good news for you. The price of cardano is increase right now because of the bull market, it's your chance to sell your coins or hold more to get more value. The price is around $0.075588   a piece right now. I actually also never sell my alts and keep holding until now.
hero member
Activity: 1456
Merit: 501
DGbet.fun - Crypto Sportsbook
Patience is an important virtue in cryptocurtency. Many alt have fallen below their cost or ico price many feeble hands habe sold at loss, instead of selling at a loss its better you hold and wait for it to rise. As long as the team are constantly developing their platform the price will surely rise again
I agree that patience is important but our patience should depend on the market situation, depending on the support of the community for the altcoin we hold, and sometimes selling in loss can be a good option to avoid deeper losses. Because as the situation you mentioned, when the price of altcoin has dropped below the ICO price, even if that team works better, the chances of returning are very low, almost just falling deeper over time, continuing to be patient and holding only makes us waste our resources, selling soon will reduce losses and open up other opportunities for us
legendary
Activity: 2044
Merit: 1008
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!

Cardano is one of the alts that can be held for long-term to medium-term. Because it is backed up by advanced Haskell algorithms and it can emerge as a solution to many of the deficiencies that the top cryptocurrencies face. But the same can't be said about the vast majority of the other alts. In most of the cases, once they crash in the market, then they never makes a recovery. This has happened with a lot of the coins that I had in my portfolio. I can give you many examples, like GBYTE, TRC, QRK, IXC.etc.
jr. member
Activity: 145
Merit: 1
I also never sold my coins when in losses. I better keep the coins in my wallet for a long time, until the price is fully recovered. I am sure that the movement of crypto currencies is a dynamic movement so that one day the coins we save can be very useful and have value. If I choose to sell in losses it means that we have given up the crypto currency movement. Even though businesses in crypto currencies need a patient soul.
member
Activity: 1764
Merit: 10
I understand you and your goals, but here everyone decides for himself, because we should not influence the opinion of another person who has made investments and wants to sell his altcoins or bitcoins now, because these are their investments and therefore everyone always decides what to do.
full member
Activity: 1750
Merit: 118
Hold altcoins and tokens really need patience. I mean, with bitcoin sometime we know when it will pumped because always happen. But for altcoin or tokens maybe if developer update their progress, there will be any movement in price of it.

not only altcoins but bitcoin also , both of them needs patience so that you can be able to sell your coins at a maximum value  . bitcoins pump is unpredicatable as well as on altcoins though your right that the pump of bitcoin can seem to happen most of the times while in the case of altcoins  , thier pump can only occur rarely  . idk if devs update can make a coin move but there are still alot of factor that makes a coin pump  .
full member
Activity: 248
Merit: 112
Time is money so I went and bought a Rolex
I feel the same way too, hodler of cardano since late 2017, did not sell it on 0.03$ a piece, won't sell it at any other price then...
legendary
Activity: 2618
Merit: 1181
It takes more than patience to hold coins and tokens till the next bull run because no one actually knows when the bullrun will return and this is why many people lose hope and sell off even at loss ,I don't tend to sell off at loss too even when I needed money so badly I still make sure I sell only when there is profit
Hold altcoins and tokens really need patience. I mean, with bitcoin sometime we know when it will pumped because always happen. But for altcoin or tokens maybe if developer update their progress, there will be any movement in price of it.
full member
Activity: 1148
Merit: 116
It takes more than patience to hold coins and tokens till the next bull run because no one actually knows when the bullrun will return and this is why many people lose hope and sell off even at loss ,I don't tend to sell off at loss too even when I needed money so badly I still make sure I sell only when there is profit
jr. member
Activity: 1162
Merit: 1
Base.protocol
Your point have some holes in it. What if your heard the coin is being delisted from several exchanges what will be your reaction? Yes some may hold and the coin reverses but we have also seen project gone after facing such. It is not easy to HODL , I wish you good luck
newbie
Activity: 36
Merit: 0
To my apperception you are equitable. Alternate cryptocurrecnies shouldn't be oversubscribed in the erroneous age and with erroneous cost. Thither are as well even profits from them.
hero member
Activity: 1358
Merit: 635
Patience is an important virtue in cryptocurtency.
snip

It challenges me to prove the contrary but I would add one more goodness to that, namely, diversity. Have at least  dozen high-tech alts in your portfolio. Most of them might fail but there is a good chance that one or two may bring a fortune. I am deliberately avoiding talking about  my bag. Everyone has a right to look around for a better alt.
full member
Activity: 812
Merit: 106
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!
Altcoins cannot be holding for a long time, you need to watch for them and reinvest into most popular alts, now I’m in a similar situation, my crypto portfolio has lost more than 90% of the cost and I don’t want to sell altcoins today for nothing, but I got my experience and will be very careful in the future.
full member
Activity: 491
Merit: 100
Patience is an important virtue in cryptocurtency. Many alt have fallen below their cost or ico price many feeble hands habe sold at loss, instead of selling at a loss its better you hold and wait for it to rise. As long as the team are constantly developing their platform the price will surely rise again
full member
Activity: 646
Merit: 100
tozex.io
I understand you very well, but for you to hold then you need all the patience you can lay your hands on. As long as you don't sell, you can never completely be in a loss,also note that there are coins not worth holding, so before you make any investment, do a thorough research about the coin if it will be worth holding because if you hold a good coin, in the future you will be happy you did.
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