Topic: Sell your altcoins and tokens TODAY, save yourself the frustration - page 11. (Read 5480 times)

No one can't tell what will happen in the future of every token we have even btc that we hodl, don't be so panic and frustrate to every news or any thing can cause of panic selling. The better we do is be more observer in the market manage well our assets and don't be so panic. It's up to every person if they need sell all and buy btc as you can see the price fluctuation, think many times before do any step.

My take on this matter is it won't end as badly as most persons thought it would. Cryptocurrency will make a come back stronger in price which might take time lessons of proper investment should be learnt from this market cycle.

But this assumes that at some point in the future the price of your coins will recover and there is no way to be completely sure about it, if you bought some of the best coins in the market you may have a point, but if you bought some altcoins no one has ever heard about most likely you should try to recover whatever you can out of those coins before they go permanently to zero, remember holding is a great strategy but only if you apply it to coins that are worth it otherwise it can backfire spectacularly.

Well. Some of this tokens that you are talking about might end up surprising you. I think the best thing we should all do is to keep tabs on all this tokens we are holding because when you check their telegram group and their social media pages, you will have an idea if all hope is lost or there is still light at the end of tunnel. And don't be greedy.

Literally you can't confirm that Bitcoin dominance will last long. We are starting to believe which coin has bullrun. By the time January 2018 Cardano was 4-5 coin but today out of 10. After more update Cardano will come back. You should support bear time of coin, yes I'm talking about good volume coin.

Lol. I like your response. Just because Altcoins aren't as profitable as they were in late 2017 doesn't mean they are worth. From what I know, most people have made some good amount of money this year from altcoins. I'm the kind of person who doesn't like leaving money on the table. So I like to have a piece of both worlds. Bitcoin is good but getting hands on some quality alts, that's a PLUS.

The first line piqued my interest and the second paragraph held my interesta MD I was nodding along to what I was reading until you mentioned Ethereum... You might be right but I am not a fan of ethereum just for it's price and profit potential, I am an ethereum fan because it gave us what even the almighty bitcoin didn't... Smart Contracts... You have to admit that Smart Contracts has contributed positively to the growth of Cryptocurrencies and when bitcoin price is growing, Ethereum grows along with it as well.

there are also a lot of new projects that have chosen a very serious approach to their business and are moving towards their goal. I see many projects that do a lot of things for the cryptocurrency market

True that around 99% (maybe the percentage is a little bit exaggerated) of the alt coins are shit coins. But trust me, most of the people know that but they still invest on it. This is because they have seen the market. They have seen how those shitcoins sometimes get pumped to the "moon" and then dies. Most of them just invests on it to take advantage of that pump and tries to get out as soon as possible. It is more like a gambling for them. Most of them fails to take advantage of it and then starts to cry.

You have a point, but don't you think that maintaining at least a minimally diverse portfolio is a better idea? I mean sure, Bitcoin's dominance is huge, but ultimately we don't know how the markets will fair in the future. I trade BTC and ETH P2P on Vertex, and I'm pretty comfortable with that at the moment. But ultimately, what works for you, works for you.

You are really right and I am of the same opinion that I will have time to sell all my assets at any time and get a very small amount of money for it.  In any case, I have no other choice than to wait for the improvement of the situation in the cryptocurrency market for those projects in which I am an investor.  In this situation, I can somehow lose everything, and if I have the patience and wait for the corresponding price increase, then perhaps my expectations will be rewarded.

fear of confusion and loss of confidence that may be felt by many investors I think that something natural will happen because we know that the market condition is very bad and even many coins that have no value or price in the crypto market are holding back to get opportunities at prices that do not disappoint

I would always suggest newcomers and even the old ones to make bitcoin as their first choice. Only this currency can help them in attaining big money. We all have seen bitcoin produced millionaire. I am not against trying new coins but one must do some good research before taking such risks and the amount invested should also be a small one. Bitcoin is the best investment so far and should be the start of journey for any investor.

Traders are probably smart enough to ignore my thread. If someone reads it and thinks its nonsense that's fine, my goal was to make bag holders think. Just don't tell anyone

It is very interesting when you see that the altcoin or better still some of the altcoins you have are moving uptrend. For such, I believe selling them is a good decision, but when you have not observed any growth, hold until it comes. Know when to sell and when to hold. This has always helped.

If talking about a long term hold -- just stash away the coins and forget about them for a year or two, you'll be right more often than not. At least in my opinion, I'm not an expert either, just guessing like anyone else.

I wonder how many here are not traders though? I'm not talking about day traders, but I'd think many holding alts must realize they need to sell or trade at some point.

But if talking about simply holding longterm, yeah, btc obviously is the safest bet. However I think you are underestimating how many trade here, even bounty people and shitcoin holders know they'll have to let go of their coins eventually.

And BTC is back to 8600 today. As I said I'm not aiming this at traders - some of them might be able to make money from these ups and downs. Not most bag holders tho. And in the long run you know I'm right. BTC is the the equivalent of DJIA. Alts are the penny stocks. Yeah there will ups and downs and there is a slight chance of BTC stumbling here and there. But it's pretty much guaranteed that most alts will make their bag holders miserable.


Actually you already lost your money, you're just lying to yourself. You would be better off selling it just for tax reasons if you can write off investment loss.

Although I agree that in some cases taking the loss is the right move, I'm not sure it's a situation where we say some of the alts have lost 90% of their value. However we can say pretty much ALL alts have lost 90% of their value. So in that situation, it's not an issue of a specific coin crashing 90% in a short amount of time and then hoping for a rebound. It's an issue of nearly the entire market and if you feel it will recover at all. Odds are some coins will recover, perhaps not to their ATH, but at least better than their current situation. Of course determining if your coin is one of the recoverable ones is the tricky part.

If we are talking about dinky bounty coins or coins in danger of being delisted, yeah, if they just crashed like 90% on top of whatever losses the market has caused to nearly every coin, it might be time to bail. Then again, if it's nearly worthless sometimes it doesn't even matter if you sell or not, especially for bounty coins.

For those in profit, either from trading or other investments, remember losses can be useful during tax time too.

And I'm not recommending folks sell their alts into btc, like the OP suggested -- in fact I argued against that point. Or to be exact, against listening to random folks here who act like experts and stating they know where markets will go. But if anyone decides to sell, remember the tax thing, it's at least somewhat useful. And losses can carry over to future years, so its one way to recoup at least a little bit if you eventually make a profit down the road.

I observe many new projects over the past half-year and i can't see any single project which has recovered after the fall that occurred after listing on the exchange happens.

Warning: its never a loss until you pull your money out, even if your coin once worth hundreds of dollars and they now worth ten dollars the ball is in your court, you should sell only if the project is a bad one or the development has worsen, altcoin season will return do not be in haste