Topic: When your token goes down hard, are you going to sell it? - page 15. (Read 4524 times)

no no no, no one suggested it.
it all depends on you whether you decide to sell or keep it until the price goes up again, 70% of all the assets are of great value.

Yes, I will sell them all (panic sell) to save my money. But surely I will be back at the lower price. This is my trading plan, and it works good till now.

In general, it depends on the market situation and the reason why you got into this situation in the first place. If you see that you really made a huge mistake entering the market the price of the coin was actually high, and there are a lot of chances that the correction is going to be huge, then you'd better sell those coins if you are not in a big loss so far. But if it dropped sharply and you didn't manage to sell it before, you in a huge loss know, then you better hold until the price starts to recover again. When I started trading in this market I made a huge mistake once. I bought Verge its price was 0.10$. After that, the whole market started a continuous correction that lasted more than a month. And the price of the Verge dropped to 0.04$ That was a huge drop and loss of my savings. Even when the market started to recover again, the Verge stayed low. I already didn't expect it to recover again. But one day it started to grow fast and persistently even when the other coins were down. And it reached 0.085$. When I found out that it is the biggest price it could reach then, I decided to sell it. Yet with a loss but not that big loss. Anyway, I had money to reinvest in other, more stable coin which brought me good profits. So, if your coin drops big, just hold. Never accept huge losses. This market is winning from such people who get scared and accept their losses.

Well the decision depends on the holder but I think when the token goes down really hard, you should hold it till the price recover or better still, sell some part and buy back when it is lower and if you think selling will bring more loss, you can hold for as long as the price will rise again as this is more profitable.

I will certainly sell it before the price decrease that much, even 30% down is too much for me as i usually set the stop loss at about 15%. The thing is if you wait until it down 70% then you are already too late and you'll only get a little value so it's definitely better to hold until the price goes up again.

Money on the crypto market reduced the prices of all tokens. The market will get better again and the prices will rise again if there is money. I can sell all my coins after the prices get higher.

Patience is the key to happiness in crypto. If you have tokens, keep them for a long time. There is no point in selling when the token is too down. The best thing to do is manage and buy more than you already have so that when they start up again, you will have the opportunity to make big profits.

I think it would be unreasonable to sell because they are falling too much now, I wish I had sold it on May rise.

Whenever my tokens are going down, I try to hodl till the acquired token for them to reach at least ICO price. Never be in haste to sell tokens whne they are falling with respect to price. You might regret a lot.

I will not sell my tokens at a price lower than I bought . I'll wait as long as it takes.

Why would i sell the tokens when its done ? you are just like killing yourself in that process, just hold your tokens and reach the high price and sell it high to earn profit

hello mate i rather hold my coins if i know that coins has an future i will expect by the next few days or months that coin can recover. cryptocurrency nature has ups and down, all you need to do is you must have patience. know every coin you have when you are going to sell it.

Why would I want to sell my tokens when the price are down? That just means that I would be making losses instead of profit. i did not come into the crypto market to start making losses. It is better for you to hold, the people that are selling are doing so out of fear and when the market bulls again, they will be the ones regretting their decisions.

When it's already come down in price too deep then selling is not a good decision. holding is the most recommended in the course with their holding will be able to make the results get better while waiting for price increases that have occurred. don't panic to receive damages because it basically can be patient will get lucky.

well some of peoples could sell it, but for me it's absolutely not to sell my tokens when the price is down. I want to wait untill the prices is rise again , no matter how long it could take a time.

I will not sell it, if I sell tokens when the price drops, that means I have lost, because I sell when it's cheap. there is no harm if I decide to hold it until the price rises again.
the ups and downs of prices in crypto are normal, we just need to be calm and be patient to wait for the next price increase.

The multiple times it has happened in the initial days that I have figured into the first that this coin will never rise again as the market keeps on changing but that is a very impractical approach to look at it you have to understand that people make mistakes and it's reversible

It all depends on whether you are serious. It also depends on the potential of the coin. In most cases, if you follow these rules, you will know how to do it.

I do not see any sense in selling the tokens now, when the price has so low dropped, now I'm only considering buying some coins, I have to sell only at the peak of the market

Unfortunately, at this time my all holding tokens prices in very very low. Day by day it's going down very fast. But I'm never selling my any token at this time because I think after the market recovered definitely my holding tokens can increase the price as well. So I still hold my all tokens.

                  My advice is don't sell your tokens at a cheap price... Be patience.