when is safe to sell my alts? - page 8.

Nikkolodeon

member

Activity: 98

Merit: 14

Quote from: ady_crypto on April 08, 2018, 11:18:01 AM

Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?

We are facing the same problems right now, all coins are in the down trend and we should think a strategy wherein we can still make profit even in down trend.
some people are buying coins in this red sea using their extra money because they believe that it will moon soon in the next months.
As for me, I sold my coins at the start of the down trend then buy it back at the bottom. that way I can still trade even in the down trend.

we don't know how long all this coins will be down maybe until next year so you must have your back up plan, always.

Walang-kekek

jr. member

Activity: 182

Merit: 1

Well, my opinion is, lets wait at the end of the year. cryptocurrencies increasing its price on those time. hoping your asset will recover from loss of fifty percent. but if the condition isn't as we hoped before, you may sell all of yours. no regret because youre not loss (altough etting lower gain).

Ains_sama

full member

Activity: 608

Merit: 100

Quote from: ady_crypto on April 08, 2018, 11:18:01 AM

Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?

in my opinion, if you don't need large funds for something payment. you should hold your altcoin. losing 50% is very much guys. learn with extra patience. will definitely give you a lot of profit. I believe it. because it has experienced all. you can sell your coins when the price is back up, and more than your purchase price.

hopelessromantiko

newbie

Activity: 32

Merit: 0

For me it safe to sell when you earned enough of what you invested and put reinvest some of it. But for the time being holding is the right action. Patience.

panarama29

newbie

Activity: 113

Merit: 0

the only answer i have for that its when the market is in good shape,,because right now market its not friendly at all,,so if care its not taking about selling such person will just involve in debt on the long run,,so therefore we just need to exercisr patience for market to comes back to normal

Bit talk

jr. member

Activity: 154

Merit: 6

Most of peoples in same problem for crypto market, its depended your financial situation if need money then you can sell other wise keep it on hold then you will get good profits coming days

kier010

full member

Activity: 532

Merit: 100

do you need money now? if not better hold it and wait. cryptocurreny will recover from this bloody days and price will start to grow. you can sell those coins that have less potential to grow and leave those that have potential.

akamit

hero member

Activity: 1498

Merit: 596

Quote from: ady_crypto on April 08, 2018, 11:18:01 AM

Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?

C'mon dude, is this a question to ask the community?

You know, you are at 50% loss and if you sale now then you have to digest the loss if you can afford the loss.
If you can't afford the loss, then hold until you get profit. It may take 1 month in future or it may take 2 years to get your desired profit, who knows? Just do your own maths and decide on your own.

xiaoxz

member

Activity: 196

Merit: 10

I think that the price of cryptocurrencies is very unstable, and the skyrocketing and plunge have become the norm.
So instead of selling them in the bear market, it might be better to keep holding the coin until the bull market, so it seems that your profit and loss are also Only temporary.

cryptoamumu

jr. member

Activity: 140

Merit: 8

I would hold them. If it's money you don't need to pay expenses, then hold them for 1 to 2 years. If you sell them with no profits and no losses, you're back to where you were before you invested and I assume you invested into crypto because you wanted to retire early or at least make some good profits so you can possibly travel or put it down on a house? Selling your alts now means you're back to working in that cubicle long term, the one where you want to leave. Believe in the tech and hodl.

Triwiyono

full member

Activity: 504

Merit: 100

I think it's better not to sell your altcoin at the moment, if you know you will lose if you sell it better you just hold your altcoin. I also have altcoin whose price is down 50%, but I still think if the price will rise again later. better be patient for a while than at a lot loss. My advice, if the price is still as low as this, don't sell it. if suddenly the price rises later, you will regret it.

Vladv26

full member

Activity: 321

Merit: 102

It really depends about what altcoins you are talking about. Some of them could be good enough to increase back to their value while some of them crashed because of bad news and they are going to continue like that and never increase back. So you have to study their history and find out why their prices went down. If they worked really hard and they were doing everything to promote and grow their projects that means the price went down because all the market went down. But if the administrators of an altcoin did not put much work in or bad things happened to their project and thats why the price went down that means it will be hard to increase back. Follow your intuition and do what you think is good. As I said some of them are going to increase back but not all of them so it is your job to find and sell those who are not good.

trademark

legendary

Activity: 1932

Merit: 1003

As with everything in life, I play to win. I never play to tie or lose. You should do the same, why sell now when you could of sold for a profits a few months ago. If you HODL until now, why wouldn't you consider HODLing a little longer until you see some profits? Play to win!

KuromaYoichi

sr. member

Activity: 756

Merit: 251

Sovryn - 300-500% APY on USDT Deposit

Quote from: ady_crypto on April 08, 2018, 11:18:01 AM

Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?

Why are you going to sell now that the price is already down more than 50%? There's no safe time to sell your alts as everyone has different target that they are satisfied to sell but you shouldn't sell at loss. Wait until the bear market is over and when the next bull run is at its peak then you can sell your alts. You just need to be patient and keep holding until that happens.

LodisMcguire

sr. member

Activity: 546

Merit: 261

If you are sure that your coin has a potential to grow,hold it for the long term.If not,sell it while you got no loss,because if the coin has no potential,it will drop later in the future.For the safe side,just convert it to bitcoin and then buy some big altcoin and save it for the long term.

Jillkill

newbie

Activity: 76

Merit: 0

One thing shouldn't ever do is sell them when in the deep... wait for the price to rise to ur desirable target then you can sell. the bullish ,market is inevitable. it will come sooner or later

BurhanPSG

full member

Activity: 322

Merit: 100

The asset will not disappear, but only the price of asset is going down. Think of it as a long-term investment, because that's better than you sell at current prices. So you better hold first until the market conditions improve.

Valermos

full member

Activity: 854

Merit: 100

First, you need to follow your strategy of savings. I would better sell something now, in order to return my money, and then waited.

darkangel020716

full member

Activity: 322

Merit: 100

Quote from: ady_crypto on April 08, 2018, 11:18:01 AM

Hi all i have a lot of altcoins i invested before the bloody days and now most of then are down lik 50%. Should i sell them with no profit but also no loss or shold i keep them a little more to make profit? what would you do?

I'm just holding my alts and waiting to have a high pump of market to have more profit, never sell your coin when the market was bearish so that you will never regret the value of it when the market will pump, because when the bitcoin pump the value of other coin would have a greater value than the ususal value.

joselitobayagbag

member

Activity: 231

Merit: 10

Augmented Reality World Discovered

When you are happy and ease with your gain,but if i were you i would take profits now because anytime when these financial institutions dump the market you will lose a good opportunity to sell your coins and to take profits.Never trust these green candles secure your profits fast so you wont regret it in the future,because the market is too manipulated right now.

Topic: when is safe to sell my alts? - page 8. (Read 950 times)