Should I hold for some more months or Shoul I sell? - page 8.

annicketucufaw

member

Activity: 378

Merit: 16

Quote from: ayesha703 on August 21, 2018, 02:29:33 PM

I have bought some veri coins. Now I am afraid that I will not be able to make some profit. Because the market looks very bad. Each and every coin is in the red zone. Should I sell the veri coins or Should I wait for some more months to see what will happen?

Market now is on recovery mode and BTC already crossed the $7k mark even though we are still in a ghost month. We can say that it is a good news, a very good news. We may expect a fall but if the bull will resist it, the real bullish months will start right away. Try to hodl a little longer, maybe a couple of months or until next year. It may give you a lot of profit, but the end of the day it is still your choice. Good luck!

Dextord

member

Activity: 335

Merit: 11

It all depends on your choice whether you just want to get profit from crypto or you invest long term, in my opinion investment in the crypto world must be prepared with all the risks that will occur, today bitcoin is back this might be a good signal for the crypto market that will start up, be patient and hold back is the best way in my opinion

el kaka22

legendary

Activity: 3570

Merit: 1162

www.Crypto.Games: Multiple coins, multiple games

Quote from: ?? on ??

What I generally do when my coin is fast losing value is that I sell of some and hold some, while I try to swing trade the rest, I hate to see the token later moon past my sell price. I just play some game round the token and see how to win some.

You are playing games! That is all I can think of you doing and that mate, is gambling.

Could have been a strategy working for you, but you also have to realize that stopping a loss should be based on some of the things you have noticed as well which in this case, should be more like going below some market support level or the trade not going according to plan based on the strategy you are using with your analysis or indicator.

Personally, I do not waste time, as long as the market does not play out as I want and my stop loss got hit, then I am out. If the signal shows it is ready to go up, then I go up.

Michaelpascual

newbie

Activity: 56

Merit: 0

This is not the right time to sell coins its because of the coins prices is low i think you should wait some month I am sure before this years ends the market can recover but if you need money in such emergency purposes it up to you if you sell it in low price.

judeafante

sr. member

Activity: 2254

Merit: 258

Quote from: ayesha703 on August 21, 2018, 02:29:33 PM

I have bought some veri coins. Now I am afraid that I will not be able to make some profit. Because the market looks very bad. Each and every coin is in the red zone. Should I sell the veri coins or Should I wait for some more months to see what will happen?

It's really up to you decide if you need money and hate seeing your investment vanishing then it's time to sell to cut your loss, but if you still can hang on then wait for the bull period, as every expert are saying, only invest what you can afford to lose, you will save your self of the hassle of being depressed.

Allura74

full member

Activity: 546

Merit: 100

Quote from: Deku on August 28, 2018, 07:41:19 AM

Quote from: Daniel9140 on August 28, 2018, 07:35:35 AM

You should know what you are holding and be sure that holding that particular coin is worth it. If its worth it, you can hold and if its not worth it, you sell off

If you trust that coin then you should hold it until such time it will increase its market value, not just the veri coin is affected the crypto market fall down, all crypto are down for now, we just need more time and wait for the bull run.

For me, it depends on the situation because there are times that you really need to sell your coin even in its lowest price for emergency purposes, but if that money is not that badly needed so I must suggest its better to hold for a few couple of months and wait for pumping price. I had experienced selling my coin even the price was very low because I badly need the money. So selling and holding will depends upon the situation.

Maricel2017

full member

Activity: 448

Merit: 103

IMO before you buying that coin you already have a target or threshold in the amount before you sell it, if you feel that management or the owner of coin are continuous creating a way to promote the coin i think much better to hold it but if you see the value of coin are decreasing but the people behind are doing nothing i think you should sell it at the current value.

kynaz

sr. member

Activity: 1078

Merit: 250

http://unidapp.app

Quote from: lukeclick on August 28, 2018, 06:58:07 AM

I think that this is not the time you should be thinking of selling your coins at all. If for anything, this is the best time to buy hodl them, and possible even buy more. Yes the market might be quite unstable, and all of that, but this is going to end soon and bring about brighter days in the market. So don't sell off your coins. Be patient and wait for a bull season.

I also wait for the uptrend period to begin to be able to earn a good profit. Most people are hoping for Q4 2018 because this is the best time to market and I believe it can happen. Personally I am investing a lot in big altcoin and will definitely keep in long term

telradtraverse

newbie

Activity: 24

Merit: 0

i think you should wait for the market to recover and then sell

Ibizugbe1

member

Activity: 272

Merit: 10

Cryptocurrency is unpredictable. you may choose to hold and it falls heavily but by this, you have only loss time as long as the project is not a scam. Just look at what has happened to ETN, many of my friends wished they had sold when it mooned greatly. Even though I had advised them to sell and take profit, they boosted ETN was out to replace bitcoin and I laugh, today they are regretting their in-actions. Sell the pump, buy the dip, but the rule is that never sell all your positions.

Deku

full member

Activity: 406

Merit: 100

Quote from: Daniel9140 on August 28, 2018, 07:35:35 AM

You should know what you are holding and be sure that holding that particular coin is worth it. If its worth it, you can hold and if its not worth it, you sell off

If you trust that coin then you should hold it until such time it will increase its market value, not just the veri coin is affected the crypto market fall down, all crypto are down for now, we just need more time and wait for the bull run.

Abufawaz

newbie

Activity: 55

Merit: 0

Don't sell cheap. Just wait a little longer.

Daniel9140

jr. member

Activity: 252

Merit: 1

You should know what you are holding and be sure that holding that particular coin is worth it. If its worth it, you can hold and if its not worth it, you sell off

lukeclick

newbie

Activity: 164

Merit: 0

I think that this is not the time you should be thinking of selling your coins at all. If for anything, this is the best time to buy hodl them, and possible even buy more. Yes the market might be quite unstable, and all of that, but this is going to end soon and bring about brighter days in the market. So don't sell off your coins. Be patient and wait for a bull season.

sister1001

member

Activity: 237

Merit: 43

Quote from: ayesha703 on August 21, 2018, 02:29:33 PM

I have bought some veri coins. Now I am afraid that I will not be able to make some profit. Because the market looks very bad. Each and every coin is in the red zone.

If you have been holding until now, I think that it is better to keep doing so, it is much more likely that you will be able to recover later on instead of realising all your losses. In an case, cheap coins are not the ideal asset to hodl for a long time. Usually, if they are going to pump it will happen either in one or two months or possibly never at all.

Make sure that your next buys a are bit more solid and get some bitcoin too.

Fwale12

newbie

Activity: 44

Merit: 0

As you can also see that the market is red now, selling your coin off wont be the best option cos you will be selling them without profit. My advice, hold for some time and sell when the market is green

annaorlova

newbie

Activity: 126

Merit: 0

Now you just need to hold. This is the most profitable strategy now because the growth in the market will begin very soon. It is necessary to wait 2-3 months. If you really want to sell your tokens at any price, it is better to do it right now. The market is a little green.

Mix_Fix

member

Activity: 420

Merit: 10

You can hold only if you have free money. Create financial goals and decide when to sell or buy more coins... Without strategy you will lose everything.

valnd

member

Activity: 406

Merit: 11

Until the end of time

There is no point selling your coins at a lost, it is better you hold for a profit, market is down now YES, but it will later improve again, it's not only veri that is down, the whole coins in the market is down, so wait and hold.

Privento

newbie

Activity: 35

Merit: 0

Sell your coin, now is not the best option for you because now we are in a bear market

Topic: Should I hold for some more months or Shoul I sell? - page 8. (Read 2197 times)