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Topic: I'm dumping my coins because.. - page 18. (Read 8289 times)

full member
Activity: 360
Merit: 100
September 04, 2020, 12:00:42 PM
I have many reasons to dump a coin especially if that coin coming from a bounty. Sometimes, if the coin doesn't have a good trade volume in a good exchange, I rather dump it right away since I'm not confident in it.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
September 04, 2020, 11:11:37 AM
If I get from a bounty or airdrop, of course what I pay most attention to is the prospect of a good future project or not, this will determine whether I have to sell or keep holding. But sometimes a lot of projects are surprising these days
full member
Activity: 868
Merit: 185
Roobet supporter and player!
September 04, 2020, 11:01:18 AM
I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?
That was I did when I had coins came from bounty before. However, because of tons of project which lost and scammed the bounty hunters, I already quit in bounty hunting. In fact, i was happy at this moment because all of the coins I sold before was shitcoin right now. A lot of coins were dumped because of their poor development and unexpected exit of developers. Therefore, investing in potential project is a bit of safe than risking our money in scam projects.
member
Activity: 240
Merit: 11
Be Positive Always!
September 04, 2020, 10:16:38 AM
I just sell the tokens i got cause it the best way for me not to loss the values of the token before it being dump hard and has no values after it. Some of my decision was not correct but overall i think i do well in my own decision.
jr. member
Activity: 84
Merit: 3
September 04, 2020, 10:12:33 AM
It take time for real project to manifest and develop.those that hold their coins for future purpose will never end up loss.
Be wise for any kind of coin you hold right now, because token and coins can loss value at anytime,they are not predictable  for their price.
copper member
Activity: 238
Merit: 1
September 04, 2020, 10:10:24 AM
There are several reasons why I sell out. One of the most common reason I convert my tokens to fiat is because I need money. Its unwise to have tokens of value and be broke. So if I have a well prized token in my portfolio and I need money, I simply sell and keep some money in my pocket.
full member
Activity: 1048
Merit: 101
September 04, 2020, 10:08:38 AM
if you still have some tokens generated from the 2017 - 2018 project I think you need to save them, usually tokens born in 2017 now have a good value too. I also regret selling the moment after receiving it, because I was pressed by economic needs. but it doesn't matter if you sell and then convert it into a top form of altcoin.
copper member
Activity: 1120
Merit: 2
September 04, 2020, 10:03:20 AM
Hunters should not sell immediately after receiving payment.Then the value of coins in the market is not low.Not everyone is aware of the fact that the price of coins decreases in the market.However, it should never be traded by understanding the market trends.Low value tokens should not be sold.
full member
Activity: 1316
Merit: 108
September 04, 2020, 10:00:13 AM
It was during this period that something incomprehensible is happening on the market, since over the past day one can observe a drop in ETH and Bitcoin by almost 10%, and over the last half hour, Ethereum has generally dropped by 8%. This downward trend has continued over the past week. Perhaps more whales have decided to take advantage of the situation to crash the market in order to get a good enough income, especially given the real prospects for the rest of the year and next year. At least I personally believe in these prospects.
member
Activity: 1274
Merit: 14
September 04, 2020, 09:42:08 AM
It is necessary to dump tokens if you do not expect anything promising from them. If you think that they have reached their maximum in their price, sell boldly and do not regret, even if they grow slightly in price. This will help you develop a sense of the right moment. It is better to buy something worthwhile with the money raised.
member
Activity: 1120
Merit: 68
September 04, 2020, 09:37:51 AM
I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?
Well. You have a point about dumping your coins because they no longer having a good value or not making any progress, that is why you are looking for other coins that has more potential to long-term investments. I also have done the same thing last year of 2019 that I have already sell all of my holdings who don't have any value because they are not worth for the wait.
full member
Activity: 1099
Merit: 116
September 04, 2020, 09:15:24 AM
I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens  because
The coin is not progressing and I want to buy coins that has more potential.

So what is or are your reason why you are dumping your coin?

Most of the tokens that we get from bounty are worthless and it doesn't cover transaction costs and withdraw costs specially now. Shit projects dumped itself, not by the bounty hunters because when bounty hunters got payment, they see market already dumped and their tokens are now worthless.
hero member
Activity: 2940
Merit: 613
Winding down.
September 04, 2020, 08:52:16 AM
If I get a payment from the Bounty campaign, I will sell it first depending on the exchange provided by their project, if only a small exchange is provided then I will throw it away because there will be no progress for the development of the token or altcoin, but otherwise. a large exchange is provided so I will sell it first and buy it at the cheapest price, to increase the altcoin volume and later many investors will see it, the price will likely increase, and the token / atlcoin will be valuable in the future ..
Does that technique works for you?

How can you make money if it's trading in a small exchange?

I'm expecting that once its traded in small exchange it would result to a significant drop of value and you will receive a very low amount compared to what you are actually suppose to receive when you are working for the bounty. I know you haven't invested, but isn't it just a waste of time?
full member
Activity: 630
Merit: 102
September 04, 2020, 08:25:01 AM
If I get a payment from the Bounty campaign, I will sell it first depending on the exchange provided by their project, if only a small exchange is provided then I will throw it away because there will be no progress for the development of the token or altcoin, but otherwise. a large exchange is provided so I will sell it first and buy it at the cheapest price, to increase the altcoin volume and later many investors will see it, the price will likely increase, and the token / atlcoin will be valuable in the future ..
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
September 04, 2020, 03:45:46 AM
People dumped because they believe they can buy them at a lower price, thereby causing the value of cryptocurrencies to continuously decrease. Dumping will destroy the entire market, it will take a lot of money to get the market back.
Keeping your tokens and coins, projects may be successful in the future or they may fail. It all depends on DEV, if they stop then the cryptocurrency will die. Since nothing is certain, very few people keep it.
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
September 04, 2020, 01:54:17 AM
 A lot of people actually hold unto their coins even when it seems like its dying, because who knows if its value go back up. But also a lot of people dump them to move on and not hold unto things and just let go. Im the second person. Its exhausting keeping track of too many coins after all.
member
Activity: 378
Merit: 11
September 04, 2020, 01:52:43 AM
I wish I did the same thing as you, but I did not, and I paid dearly for it. This half bull run was definitely for the HODLer, as everyone I know and held on to their "classic bullrun coins' suffered a major loss. Hats off to you for anticipation.
jr. member
Activity: 296
Merit: 1
September 04, 2020, 12:40:43 AM
I did a dump because I was not strong enough to hold the coins that were held for too long, because the coins that were held felt they had no direction and also had no potential, besides this the factor of new coins that looked better was also the reason why I dumped.
hero member
Activity: 1820
Merit: 747
September 04, 2020, 12:25:29 AM
The reason why I am dumping my coins is if the team is very slow in development and marketing. Also if the communication between team members and
investors are not got enough. Important are also regular news posted in twitter etc.
that's not wrong. choosing coins or tokens that have more potential is the right thing. Sometimes, one way to do this is to sell a potential slow asset. however, the reason people hoard the coins or tokens they hold is that tokens or other coins have more potential, or because they need money.
sr. member
Activity: 1188
Merit: 251
September 04, 2020, 12:23:14 AM
throw away my coins as possible to avoid more losses and invest in major coins like btc, eth, xrp and others.
or sell it and then trade other coins.
usually the coins I get from the bounty I will immediately sell.
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