Topic: Sell your altcoins and tokens TODAY, save yourself the frustration - page 17. (Read 5480 times)

No matter what, I won't be selling my altcoins and there's no point on doing that now if you hold from January 2018 to now because you both at the peak and you sell at the dip, this is very opposite of the right thing to do and it's a bad style of cutting loses to again invest in BTC for long term.

I think op is panicking and also he had point, but of course we know the key how to get profits in this kind of investment patience is the key.
We need to accept some of the shitcoins are possible to delete at the list in the crypto curumarket cap but no meaning we panic to sell or investment, we also to analyst and learn to avoid loses.

i know, i know that feeling, but believe me, i am not end like that.
although , yeah , i still save some of shitcoins/shittokens for hope be a hundreds times profit.
but well, i guess its take a looong time.
i try to not too focused on market , however, of course i still hodl BTC with 60% of total my funds.
but well,sometimes shitcoins bring new stories.

P.S. if u hodl some of shitcoins, dont even try to hodl it more than 3 month's

Why not expect better than sell at the current price? This is for those who want to leave the market and it does not matter what price he sells but, if we still want to trade, we will always pursue a better price. In addition, we know that the market is more volatile and that we can lose everything at any moment, and so losing does not hurt.

That's because you don't realize that the crypto market has changed a lot and the promising of a project or altcoin doesn't make an altcoin to thrive in the market.
The best way to make a good investment in the crypto market is based on community and miner's support level which most smart investors went for coins that have survived in the market for a lot of years. I hold 95% on bitcoin.

Investors just can't crash their alt portfolio for another coin in the event that they are as of now in a misfortune.

A few people groups may as of now have a tremendous misfortune and they perhaps don't have an alternative to think to exit and reinvest in another coin, but to hodl for a fortune or for a base misfortune which they may process.

2019 is the year for alts to drain and a year ago it was for bitcoin - the thing we need is a solid market for both bitcoin and altcoins (the best ones).

Shitcoins need to disappear and this can just conceivable by instructing investors to pick the correct coins. Imo, 2019 has allowed us the chance to make sense of the shitcoins; coins that are endure are the best coins.

I definitely understand the capacity of bitcoin which was also the reason why all the effort of the governments faded when they against it and I'm also aware of the manipulate/scam level of altcoin market but that doesn't mean all altcoin is the same and doesn't mean there's no hope in investing some portion into the altcoin market.
Bitcoin will survive and so is some utilized altcoin.

I don't think it was discouraging but to consider it as a warned...We know there is no wrong about holding altcoins, but think of what coins you are holding at? Are we holding those potential coins? Cause if not, it is just a waste of time, an effort of holding it for many years and get nothing in that span.

Though it is hopefull to see altcoins season once more, what actually we need now is to be practical in the sense that we are looking for profits a day, a week or in a month, not in 10 years.

Lol... don't discourage people HODLing altcoins like that, some of them have been HODLing their coins for a very long time. I think the best thing to do is short the most profitable ones and HODL the potential ones for the future. The way I see it this market is seasonal, it is either bitcoin season or altcoins season. Now is bitcoin season no doubt about that and soon the altcoins season will come too.   

It's quite more frustrating this time when you receive a bounty reward. Almost all the bounty token given out to bounty hunters are shitcoin. Before the distribution of token to bounty hunters the ICO price will be good but the moment they finish the distribution to bounty hunters, the ICO price value will keep falling drastically without stop that you even regret participating in the bounty

That's right by saying, sell your tokens now or to regret it tomorrow. This has happened in some few years back, I got tokens from bounties and airdrops so, I got some promising good project to promote after which got the tokens which worth something like 300$ but because I kept my tokens to sell at 500$, I lost my portfolios and the token deprecated to 30$.

That's like saying AMZN and some random penny stock are both just a gamble. No. BTC is the gilt-edged equivalent in the crypto market. It has name recognition, adoption, utility beyond anything any alt has managed to achieve so far, and not for the lack of trying. Alts come and go, BTC is still at the top and getting stronger. Dismiss that at your own peril.


There is literally no difference if they're at a huge loss or not. All that matters is where the market goes from now. Trying to recoup losses is a fallacy and it doesn't work in the market (or gambling).

And no, I'm not really concerned about people who understand the risks, actually I'm not really concerned about anyone... but many (most) people need reminding that they're not going to get rich by holding some random alts/tokens, and likely they're going to lose what little value they still have in them.

Yes, you can sell everything, there is another question - a lot of different coins, they are traded on different exchanges, even with a sale you do not get even a part of the invested funds. now, like many, you can only wait

The market has been behaving badly for almost two years, as it is too late for me to sell all my alts and forget about crypto, I also have lots of alts, which I got from bounty, not traded on an exchange. All I can do is expect the best, but I have learned a lot more in crypto which is very important.

Of course this is all a gamble. And that includes BTC as well. We can't act like BTC is a sure thing and is always destined to out perform alts, or even eventually increase in value. For all we know BTC's ATH is it, never to be seen again. Or 8Kish is the new forever high.

I think one difference between how we look at this is you are viewing BTC as an investment and all alts are just a gamble. In reality it's all a gamble, it just depends on the risk tolerance of those putting their money into this. I also wouldn't dismiss the idea of trading + taking profits, as alts can outpace btc, and then it's an opportunity to increase btc or fiat.

And sure, not everyone can do this. But if they put money into alts to begin with, they probably knew how the game works. You are talking to folks in a crypto forum -- THE crypto forum -- not some random website with folks used to investing in mutual funds or CDs. There is immense risk but also potential for immense reward.

And besides all of that, you are recommending folks sell alts for btc even if at a huge loss. Many couldn't recover even if btc goes insane ... so risk/reward may point them to simply holding. It's not so simple as saying everyone should sell their alts, they have to weigh potential profit and of course it depends on specific details of the project.

I agree with you that most cryptocurrency investments should be in BTC, but not all.  Altcoins can also be considered as investments because their market behavior can and does bring profit.  Risks, of course, are present as in any investment, but you can reduce them by analyzing and monitoring the coins considered for investments.

fine! Then sell all your cryptocurrency right now and leave this market, the faster all weak people leave this market, the faster prices will start to rise

One of the means that people use in engaging in some of these projects is still through coinmarketcap, so any project that is not listed there; I don’t even count them as cryptocurrency at all, because they don’t expect people to be searching the whole of internet for them when they are not making themselves visible to the world.

Those projects should just Keep quiet there, if they are really serious, they will make their presence known easily, but I agree with you that not all the projects that we have in the market are silly as the op presented it, at least we can still trust the first 100 projects that is listed on coinmarketcap. They might not really have full volume now because of bear market, but they are never a scam project which I strongly believe in their future growth.

That is the hardest thing in cryptocurrencies to decide when to buy and when to sell. I remember the moment when I sold most of my portfolio, the trend changed suddenly and I was buying back at a much higher price. Sty HODL. 

I didn't say that. I have repeatedly said that trying to guess which ones will go up is a gamble and that's pretty much the point of this thread.


Not all alts outperformed BTC. If you put $100 into a random basket of alts vs putting $100 into BTC, it wasn't guaranteed to outperform BTC, and in the long run BTC came out ahead as it always does. Sure, some people can time the market. Most won't be able to. For a boom-and-bust cycle to repeat itself, which is what many in this thread are hoping, someone will have to lose money. It's a gamble not unlike pyramid/ponzi schemes.