Many ALT hodlers are selling and leaving this market: They are Fools! - page 11.

Veter2000

sr. member

Activity: 1512

Merit: 306

Quote from: jamesashmore1964 on June 24, 2018, 05:33:55 AM

For those that want to make whales richer than they already are- Goodluck: That is the mindset of ordinary retail investors!

Why not sell more expensive in a falling market and buy back cheaper by increasing the position in the most attractive altcoins instead of just keeping them?

OnnoTunes

newbie

Activity: 280

Merit: 0

Selling your altcoins at a lower price is suicide. You need to hold until a better price and don't feel FOMO.

FrueGreads

legendary

Activity: 1582

Merit: 1059

Quote from: jamesashmore1964 on June 24, 2018, 05:33:55 AM

For those that want to make whales richer than they already are- Goodluck: That is the mindset of ordinary retail investors!

I entirely agree with you. If people are trading, then I guess it's ok to sell now and then buy later at a better price, since the market is clearly falling right now. But most of those that are selling, and helping this bear trend to get stronger, are doing what you just said: "selling and leaving the market", and thus "making whaler richer".

It's sad to see people leaving crypto like this, but they've probably invested more than what they can afford to lose, and now are in a huge pressure to sell, to pay their bills at home etc.

dogtana

member

Activity: 845

Merit: 56

I for one purchased more coins, even though I am not rich and am broke many times. I believe this will pay out in the future.

flysats

full member

Activity: 329

Merit: 100

Buy, sell and store real cryptocurrencies

Such market is a great opportunity to clear crypto world. Those who will hold and wait get all profit. These holders that sell now in 2019 will bite one's elbows from a few patience. If you can learn more. Life is so wide and bright

ElectronicBot

newbie

Activity: 93

Merit: 0

When a coin falls sometimes it is worth selling it to buy cheaper, or to avoid losing money, some tokens are not worth keeping them for long

Chacon994

newbie

Activity: 169

Merit: 0

Quote from: jamesashmore1964 on June 24, 2018, 05:33:55 AM

For those that want to make whales richer than they already are- Goodluck: That is the mindset of ordinary retail investors!

Sometimes I also want to sell all the altcoin properties to give up the crypto market. But I have always believed that the price of the market will definitely increase at the end of the year. That is the power to help me not abandon this market

max fray

member

Activity: 294

Merit: 10

JOIN THE NEXT MEGATREND IN CRYPTO!

Quote from: jamesashmore1964 on June 24, 2018, 05:33:55 AM

For those that want to make whales richer than they already are- Goodluck: That is the mindset of ordinary retail investors!

As for me, that's the most stupid way to do - sell one's alts with a 50-75% loss.
Those people shouldn't have entered the market if they are unwilling to wait and follow the rules of the game.

Malbaunti

member

Activity: 189

Merit: 10

The market eliminates the weak players. Now they sell their altcoins almost for free, trying to save something. And then again will buy when the price will higher mountains. So the hamster cycle continues.

lillyann

member

Activity: 308

Merit: 11

Quote from: jamesashmore1964 on June 24, 2018, 05:33:55 AM

For those that want to make whales richer than they already are- Goodluck: That is the mindset of ordinary retail investors!

Because they are scared. The market is now unstable. Altcoin is especially vulnerable. I know after myself because I change everything to BTC and ETH ...

Lagrood

newbie

Activity: 728

Merit: 0

Well, I am not surprised that plenty of investors have left the cryptocurrency market because 2018 year is the strong bearish year where much part of investors lost money. We should not gloat over the misfortunes of others because those investors brought constant cash flow which caused of growing BTC and other coins.
Moreover, I think that most of you have alredy noticed that your income and expectations get reduced sufficiently. We need to attract new investors.

Olena9797

member

Activity: 448

Merit: 10

https://auditchain.com

Its pity but a lot of people have weak hands. The reason is they are new here. Half year ago was crypto boom, bitcoin grew up like crazy, so people came to this market even without understanding what is this and how it works

nestorjacob

newbie

Activity: 85

Merit: 0

Well ICOs seem not to be lucrative anymore for investors and it appears like after the project finish raising their money, they do not try to work for the benefits of investors and they keep losing money every day so their interests in altcoins is gradually dying out.So if icos do not find ways to make their projects attractive to investors, soon altcoins will be getting out of the system.

dumplingsandsushi

member

Activity: 476

Merit: 41

Such a general, useless statement that doesn't make much sense.

Are you saying that a lot of alt hodlers are selling and this causes whales to be more rich?
Where is your evidence to back this up?
Or at least where is a logical explanation to prove this?

Instead, it seems like a fud post.
I doubt you are specifically fudding for a purpose, most likely to vent actually.
But any kind of fear, uncertainty, or doubt about a market can have huge repurcussions on your trading and the value of your portfolio.
If you make decisions on trading based on generalized observations based on emotions rather than data, you are more likely to make foolish trading choices.

Instead of fud, try researching data and interpreting market trends.
It will bring a lot more clariety, reduce stress, and most important, give you information to make smart trading choices.

saiha

hero member

Activity: 840

Merit: 501

Strength in Numbers

Making the whales richer? they are rich enough and someone who is just a small trader can also become wealthy as them if he's too wise to join the wave.

bitcoinmux

newbie

Activity: 252

Merit: 0

According to my opinion in cryptocurrency market patience is most important thing to survive and always take a decision with cool mind and i know this time market break all its previous records.

cryptobae10

jr. member

Activity: 658

Merit: 5

I want to believe only the weak hands are dumping off at this point
Hopefully I’m right

The whales are dominating the market and it’s not too good

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: Nefarious on June 26, 2018, 11:07:17 AM

I'm certainly noticing a lot less enthusiasm in the space currently, due to the continued bear market. As for me, i'm just going to be patient & hold. It's best to step looking at the market every 5 seconds, switch off & go do something else for a bit & come back when the bulls return.

I've never think newly investors knows about it, a simple strategy to keep from losing. Actually, I've never check my holding everyday hearing that market is still on bear season cause it only give me stress seeing how far my coins going down. Exactly they do the right thing, troll around and give room for some amusement to escape from the stressful market.

vasil777

full member

Activity: 546

Merit: 100

Quote from: jamesashmore1964 on June 24, 2018, 05:33:55 AM

For those that want to make whales richer than they already are- Goodluck: That is the mindset of ordinary retail investors!

I think these people leave the market for a short time. When the crypto market starts to grow again, all of them will come back and invest again.

DAVETUN

full member

Activity: 728

Merit: 101

Bitcoin is the currency of this age

Sure they tends to create panic but if you understand the space you will have no reason to worry as we are sure to experience the bullish period together,we will hold and sure to take profit soon

Topic: Many ALT hodlers are selling and leaving this market: They are Fools! - page 11. (Read 1146 times)