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Topic: Should you sell altcoins before the fork? (Read 3319 times)

member
Activity: 101
Merit: 10
November 24, 2017, 02:41:09 AM
Lot of people and also my friends are cursing themselves for selling Altcoins to get into BTC for Fork. they thought Fork will benefit them with new BTG airdrop and BTC 2X airdrop, now they regret! Smiley
member
Activity: 224
Merit: 10
November 23, 2017, 10:55:08 AM
after fork buy altcoins and before fork sell the altcoins...
hero member
Activity: 616
Merit: 500
November 15, 2017, 03:28:33 PM
Fork won't make any difference to me as I have invested my money in potential altcoins that has great future ahead and even if price crashes I have patience to hold my coins longer and I will only sell them when its giving me best profits on my investments as people get panic very easily when they see price dropping and sell their coins at a wrong time but I am not that kind of a person.
full member
Activity: 364
Merit: 100
November 15, 2017, 03:22:55 PM
If as a result of a fork, bitcoin ramifies with the formation of a new free coin, then there is a sense before the fork to get rid of stagnant and seemingly unpromising altcoyins, or simply to invest additionally in bitcoin. I'm still optimistic about the cash and bitcoin gold created this year. Each of them has its own merits and improvements in comparison with the original bitcoin and yet I do not advise to get rid of them. Especially good so far proved itself bitcoin cash with its high throughput of transactions. And with altayi it is necessary to act proceeding from their reliability and perspective.
member
Activity: 116
Merit: 10
November 15, 2017, 10:58:51 AM
don't sell all the time and don't buy all the time. Try to stick with something a bit longer than a couple of days or weeks. Many are just trying to catch waves which is nothing that is possible, you can't foresee many of the things that are happening in the market and technical indicators don't always indicate where price will move, its more the external factors that are indicating the price, such as user adoption and regulatory changes. People have moved money into BTC in anticipation of the fork and see what happened, an external force, it was cancelled and now all the money in running back to the altcoins. Everyone wanted a piece of free coins and now that noone is getting it they are getting back to where they started, and lost a lot of money on the way.
member
Activity: 187
Merit: 10
November 15, 2017, 10:21:33 AM
I did not see any chance for altcoin increase now. Bitcoin have dump few day ago, but now it start to increase. Altcoin red day now return.
member
Activity: 294
Merit: 10
November 15, 2017, 10:01:28 AM
Hi guys,
in your opinion, it's time to buy or sell this sh*tcoins?  Huh

if intending to buy altcoin in large quantities I think it should be considered again and wait for news for the next few weeks
member
Activity: 78
Merit: 10
November 15, 2017, 05:30:50 AM
Don't let yourself or the market conditions dictate your market philosophy, yes a fork might make you some money in the short term, but as you saw it's very likely that something will happen (like the project getting canceled) and that's not something that you can now before hand or forecast. Don't sell the coins just because of the fork but try to focus on what will appreciate in the long term, if one of them will be a hit it will make you a lot of money, and liquidating that holding will essentially zero out your chances of getting there, because you are not invested in them. Many altcoins have a lot of potential, it's mostly about finding which one's and investing at the right time (no easy task I know).
newbie
Activity: 83
Merit: 0
November 15, 2017, 04:47:52 AM
It is also possible that the price is going to increase after fork, so hodl is not a fail at all.
member
Activity: 126
Merit: 10
Hoqu.io – Decentralized Affiliate platform
November 15, 2017, 04:46:58 AM
I don't think that you should sell, but if you need money... only in this case
full member
Activity: 392
Merit: 100
November 11, 2017, 08:26:35 AM
nope you should keep all the altcoin that seems to be has a good future for yourself and sell those who are dead coin and doesn't have future for you because in this you can get a lot of profit if you keep those good coins so if I we're you don't sell your altcoins keep it
full member
Activity: 375
Merit: 100
Adoption Blockchain e-Commerce to World
November 11, 2017, 08:23:57 AM
i prefer not to sell your altcoin because it only max the max limit of the coin and the price of the altcoin doesn't chance so i still prefer not because keep and and wait for the good selling price for you to get the most profitable profit
full member
Activity: 290
Merit: 100
November 11, 2017, 08:18:20 AM
yes you should sell those becuase of the fork but you can do not to sell it too it is on you own choice to do it if you see fit that selling it might be profitable for you then sell it if you dont , dont sell it just make your own research to avoid mistake
sr. member
Activity: 602
Merit: 252
November 11, 2017, 07:40:08 AM
Lot of bitcoin users have been moving to altcoins. The current price dropping has created a panic among the majority of the users and the same has caused people to fear about the upcoming fork. Still I have the trust on growth with altcoins that's are into my wallet.
hero member
Activity: 966
Merit: 506
November 11, 2017, 07:29:18 AM
Hi guys,
in your opinion, it's time to buy or sell this sh*tcoins?  Huh

Why? There is no reason that is going to change anything for you. There is nothing to worry about at all, but if there was, then it would be a direct BTC thing that you would need to deal with and the alts would be only indirectly affected.

This is not something that selling them for one coin or another is going to fix, it is just going to be a one way or the other thing.
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
November 01, 2017, 02:38:21 PM
Hi guys,
in your opinion, it's time to buy or sell this sh*tcoins?  Huh

usually it time to sell some altcoin because before the fork the price of altcoin will drop
and you are just lucky if it go back in the same price again because bitcoin price always rise after the fork
sr. member
Activity: 602
Merit: 250
November 01, 2017, 02:10:39 PM
You are buying projects because you think they will be a good investment. Good design will still be a good idea whether btc forks or not ... So why would you want to sell them? Leaving it for yourself will be more beneficial.
full member
Activity: 196
Merit: 100
October 29, 2017, 04:35:51 AM
we suggest for everybody no need to sell altcoin before the frok but if you need to more money or you have low money you can sell your altcoin. We have a many dollar so we should not sell any dollar.  we know after fork altcoin price will be a more pump.
full member
Activity: 322
Merit: 100
October 29, 2017, 03:49:42 AM
That would greatly depends on whether you are HODL long term or short term. Why would you bother if you are holding it long term. For long term holders, investors will probably buy even more in when altcoin price drop as they believe in the project itself. For short term holders, that would depend if your desired ROI is hit, close to hit or trading at losses. I personally don't think anyone should sell at losses at this point of time (subject to change). If you are quite close to hitting your ROI then cashing out your principal amount might not be a bad idea.
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
October 29, 2017, 03:16:27 AM
Hi guys,
in your opinion, it's time to buy or sell this sh*tcoins?  Huh

I think you better sell you Altcoins because fork might cause decrease in the values of all other altcoin because investors sell altcoin and invest in Segwit2x or bitcoin gold. Don't call altcoin as "sh*tcoin" because they are also start like bitcoin and one day they will be rich in their value so it's upto you that which kind of secure coin you chose and invest.
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