All the altcoins are doing well and most of them are up at least 10% since last week. Heck look at Ontology... up 50% in the last 2 days.
If you have to panic sell, just dont sell ETH for USD yet, it is basically at the bottom of the dip
Topic: Panic sell? - page 21. (Read 1825 times)
Altcoin price is up and down due to supply and demand factor, so we have to choose selective or resist option, can be seen token / altcoin with little supply it will make the price is expensive.
Just hold your altcoins for 1-2 months, and you will see a significant growth after middle Jule I think.
Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
No one knows the answer to this question. You must determine your own strategy. Much depends on the price at which you bought the coins that you currently have.
If you are sure that the price will continue to fall, it is better to sell altcoins. Then you can buy more. If the situation is not clear - it is better to wait. The growth of bitcoin will begin, the altcoins will also grow
We all know that markets are now in red but we have so many option on what to do mate. If you think that your coins that are holding has no chances to gain better price,just sell that. Second is, we can buy some more of it mate, then hodl untill it will pump but depending on how the developers manage it.
Of course, it's not the best time to sell. Now you should calm down and wait. I'm using this bear trend to have a rest and do the things I didn't have time to do when I was totally focused on crypto.
Panic selling? Yes, every people works here made panic selling but right this time it is really not the best time to sell your coins because bitcoin right now drops its price. Every people right now tries to wait to the price they must receive. But if you already have much coins then keep it right this time and sell it in the right time.
Of course, it's not the best time to sell. Now you should calm down and wait. I'm using this bear trend to have a rest and do the things I didn't have time to do when I was totally focused on crypto.
Hold or buying more of the most perspective!
I would normally recommend to sell. But right now most crypto are very cheap so holding might be a good option.
Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Sell it for now is a big lost in the investment that we use to buy different token in market. Panic selling is not a big help but it can make worse when you sell it in the low price, it's good to sell it when the price is a little higher not just like now. For me it's nice to hold for now, just my opinion.
All newcomers have an alarm when they see that the price becomes lower every day. But don't panic. The market of cryptocurrencies is very volatile and as he knows how to decline just as he knows how to grow quickly. Now it is better to relax and forget about your investments in crypto for a couple of months.
I think panic selling it not a good idea. You should think it many times before making decisions. Just calm down and be confident.
The current price is already low, and it is unwise to sell altcoin. I will hold altcoin for a long time.
Like what you said the market is unstable so its either going down or going up. This is like a gamble, you would take a risk or not? Gain or loss? Just a normal scenario in this world if you are truly a trader.
Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Panic selling will just give more problem in the market of cryptocurrency.
If you do this you will lose money on your holdings that will give you better future if you just keep it holding.
Remember that there are also things called PANIC BUYING.
Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
This maybe the opportunity to buy some altcoins because the price of bitcoin can eventually be at deep now. But you said that panic sell is not a appropriate time to do which would came at loss. If the price of bitcoin became low by the coming days it should affect the price of altcoins in term of usd but what is important to consider here is value in bitcoin not in usd.I don't believe in panic selling. By the word itself panic means we only sell because we're afraid of losing more of our investments. First of all in investments I only spend the money that I can afford to lose so instead of doing panic selling I still have patience to wait even for a longer time and then I may achieve the earnings that I've wanted.
Indeed, nothing to worry unless they want to have some huge losses at selling now. If they have some faith in cryptocurrency for sure they cannot easily affected the way the markets behave.
I don't believe in panic selling. By the word itself panic means we only sell because we're afraid of losing more of our investments. First of all in investments I only spend the money that I can afford to lose so instead of doing panic selling I still have patience to wait even for a longer time and then I may achieve the earnings that I've wanted.
In each market there are some times when there is a panic. usually in such times it's scary to buy, but it is at these moments that you usually need to do this and ear much money.
I knew it would be a panic everywhere. But if you really have patience then it is better to wait a bit.
One of the biggest mistake for the people who easily panic, why panic if crypto coins will fall? Its normal, the movement of crypto coins will rise and fall, so why panic to sell? Because of panic you'll loss your money and you cannot earn a profit. So if crypto coins will fall, just relax and calm because it will rise again.
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