Topic: should have sell my altcoins when it was towering at the market. - page 2. (Read 417 times)
April 10, 2018, 08:37:14 AM
I assume that everyone thinks about it now. But it always easy to make decisions when it's too late. Anyway it's a good lesson for me. Next time the market goes up I'll sell some of my coins to fix the profit.
April 10, 2018, 07:03:48 AM
I would tell you that if you really need money and they are your last ones, get them from there. But definitely, if you get other opportunity, just hold it.
April 10, 2018, 06:21:25 AM
If you really need money, you should sell your coins. No doubts. Personally I think that the market will show a bull trend near future. But nothing guaranteed. So sell your coins only if you have not another way to fulfill your needs.
April 10, 2018, 06:14:45 AM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
wait for more time, if you will do that you will just lose your money.
Remember to always watch the graph and the market, like what happened, you still onboard while most of the holders are selling coins before its too late.
this will serve a lecture so next time be updated.
April 10, 2018, 06:12:35 AM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
Well, I'm waiting for the market to start growing again to sell its tokens, now they cost very little, so wait for a certain period so that everything goes up. April 10, 2018, 06:07:20 AM
If you really need money for emergency purposes, I will definitely sell those since I can still get back from the start and earn free tokens by participating in bounty campaigns and airdrops. If you just need money for something that is not that important or you think that there is another way to borrow some money, then you should hold those altcoins and sell them on your preferred price. If you sold those when the market is down or if you already lost -30% to -50% of it, then you will definitely regret it every time you will remember it, specially when the market is going upward.
April 10, 2018, 01:48:30 AM
do not sell my mate. Just hold on for a while and have some patience for god sake. things will get better so so just don't loose hope and keep faith.
April 10, 2018, 12:48:28 AM
This is one of the biggest problems that people face in this market. Your investments are far from your price target, but something urgent happens and you need money in the real world.
Solutions:
1 (my favorite solution). Try to live in a way that nothing urgent happens to you. Wanna buy a new car? Only do it when you have the money in your pocket, not when you have the "promise of money" in a crypto account.
2. If something urgent happened to you, try to solve the matter in the real world (borrow money, loans, sell real world stuff, ...).
3. If you have to sell your investments, you have to. But try to do it wisely and choose the one that doesn't pump later and leave you in anger.
Solutions:
1 (my favorite solution). Try to live in a way that nothing urgent happens to you. Wanna buy a new car? Only do it when you have the money in your pocket, not when you have the "promise of money" in a crypto account.
2. If something urgent happened to you, try to solve the matter in the real world (borrow money, loans, sell real world stuff, ...).
3. If you have to sell your investments, you have to. But try to do it wisely and choose the one that doesn't pump later and leave you in anger.
April 09, 2018, 11:44:28 PM
if you still can handle your economic situation right now, i suggest you to hold it a little longer but if you can't handle it or cannot be more patient i suggest you to liquidated the assets. but this is only my opinion
April 09, 2018, 10:22:32 PM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
If you need fiat now and selling your altcoins is the only option you can have them, then you have no choice but to do so.
One of the many mistakes I had was the same as yours. Hodling thinking it will go even higher
April 09, 2018, 09:19:41 PM
Honestly I think if you sell now you might be banging your head on the wall 6 months from now. Most of the people I know who invested in altcoins are down 60-85%. If you need the money perhaps its best to use other avenues such as credit cards or friends. It already too late, and thinking about what if probably not gonna help either. Hang in there...
April 09, 2018, 09:16:51 PM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
We all know the answer to your question buddy, sell it when the market bounce back. But it really depends on your needs, if you don't have enough money and needs it badly, it is still your choice. If you still have an extra income except crypto's better hold it, no matter how long it takes, as long as you will gain big profit from it. Just relax and enjoy, no need to rush selling atcoins, they will have their own time to excel. It will just takes time.
April 09, 2018, 09:09:20 PM
Pause. Concerning current resolve - simply hold your teeth a pause. There is no reason for grieving over the past. Take your lessons and utilize them to respond better next time. The market will go up hard once more, however we need to concede - not before no less than a couple of more months.
Concerning current monetary circumstance - endeavor to discover another arrangement (simply don't credit cash and raise your hell double the worse.....)
Or on the other hand if the circumstance is that terrible you could get, say, 30% out now and leave the rest in.
I simply trust that the activities you put resources into are important. Make some principal examination, and if not - move your portfolio around a bit.
Concerning current monetary circumstance - endeavor to discover another arrangement (simply don't credit cash and raise your hell double the worse.....)
Or on the other hand if the circumstance is that terrible you could get, say, 30% out now and leave the rest in.
I simply trust that the activities you put resources into are important. Make some principal examination, and if not - move your portfolio around a bit.
April 09, 2018, 08:47:19 PM
if you really need money now you can sell it but if you can find other way to get money then the best would be to not sell it. many regret not selling their altcoins when the price is still high. it is too late to think that now better hold your coins and wait.
April 09, 2018, 08:33:30 PM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
I think you had better wait for the market. Because you will lose more money with the low price. April 09, 2018, 08:11:36 PM
A big no you should hold if you miss the price high and didnt managed to sell it. I also experience it holding my coins for too long just happily watching the price getting high in a week and then it stop growing and went red day by day losing to much if i sold it before. Right now i just holding it and waiting for the next pump to come and sell then buy new coin to hold.
April 09, 2018, 08:05:05 PM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
Dont sell your altcoin today since the price is very low, better hold it a little longer and wait for the price to recover with that you wont lose any asset and maybe you'll gain profit out of it so stay hodl/
Definitely, I would suggest you should not sell it this time since cryptocurrency is still on dip. If you will be going to sell it at a lower price then there is no meaning why you had invested the whole thing. The purpose is to earn profit and not to lose the opportunity to gain. It could be a longer patience that you need to do as this will be back on track few months from now.
April 09, 2018, 07:56:31 PM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
Dont sell your altcoin today since the price is very low, better hold it a little longer and wait for the price to recover with that you wont lose any asset and maybe you'll gain profit out of it so stay hodl/
April 09, 2018, 07:50:10 PM
should have sell my altcoins when it was towering in the market. i need money now but all my altcoins and tokens are in dip low. should i sell it in now or wait for the market to bounce back?
Try to classify your coin status, try to double check their progress does their team still working out to improve the project or it was already considered as shitcoins then you can sell them now, determine it now for it might not survive when crypto such as BTC and ETh recovers, some coins may really be left behind and forgotten. April 09, 2018, 07:39:38 PM
I had a similar situation, I invested most of my money in several altcoins, but then I urgently needed money. If I sold all the altcoins, I would get 50% less than I invested. So I thought for a long time and came to the conclusion that I need to continue to hpld my altcoins.
It was not an easy decision, but I think it's just a difficult time for crypto right now, but soon the prices will start to rise.
It was not an easy decision, but I think it's just a difficult time for crypto right now, but soon the prices will start to rise.
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