When your token goes down hard, are you going to sell it? - page 19.

Hassan02

hero member

Activity: 743

Merit: 500

Quote from: josephdd1 on July 22, 2018, 11:58:01 AM

Quote from: Rengganis on July 22, 2018, 11:55:41 AM

all decisions must be made first judgment on what happens, if the price reduction is normal and there is a logical reason, we can hold the coin until the price of the coin back up, do not be too panicked with the situation

Exactly, right! Its not a straight forward answer as it all depends on the situation of the market. Sometimes, there is an obvious reason for the market crush but sometimes there isn't so making a distinction between the two is important before thinking of selling

there is always a way on how your token may recover well you cant make a way but for believing for it that this can be and you just make some patience of having this token with you then dont just drop it very easy.

Geleve

full member

Activity: 588

Merit: 104

the issue is if you could sell in the beginning or not. if i couldnt sell in the beginning with a stop loss i dont sell and try to hold till the market recovers. otherwise i have to accept my loss and i dont like to loose money.

Omooba098

jr. member

Activity: 266

Merit: 1

Quote from: marksayson on March 04, 2018, 07:56:32 AM

I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell. May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

Sometimes it is advisable to sell your token if it's dipping beyond control. Some tokens do not recover when they fall while some will.

josephdd1

hero member

Activity: 1358

Merit: 513

Quote from: Rengganis on July 22, 2018, 11:55:41 AM

all decisions must be made first judgment on what happens, if the price reduction is normal and there is a logical reason, we can hold the coin until the price of the coin back up, do not be too panicked with the situation

Exactly, right! Its not a straight forward answer as it all depends on the situation of the market. Sometimes, there is an obvious reason for the market crush but sometimes there isn't so making a distinction between the two is important before thinking of selling

Rengganis

full member

Activity: 434

Merit: 100

all decisions must be made first judgment on what happens, if the price reduction is normal and there is a logical reason, we can hold the coin until the price of the coin back up, do not be too panicked with the situation

gabinsight

newbie

Activity: 238

Merit: 0

Going down hard means not selling for me... I have been the crypto game for so long to have the guts to take the risk and wait because I have witness how fast cryptos that go down hard can rise sometimes.

Kabacho

newbie

Activity: 60

Merit: 0

Why would I sell it if it went down? I'll be waiting. It all depends on the token and its project . I'll be thinking about it .

kiansantan

member

Activity: 504

Merit: 10

I have to read news about coins. If there is no bad news but the price is still down, I bet that it is just a dump to create panic. Therefore, I will choose to hold my coins. Otherwise, if any significant bad news happens, there is no point in holding this token again. It is difficult to make a decision in such a situation.

xyj790204

full member

Activity: 334

Merit: 100

When my token price falls, I will not rush to sell it. New token prices are usually very low, and if token decreases, my token price will go bad. I didn't want to sell at that time, because I would only be destroyed, and my efforts to get token would be futile. So I will hold a token until it grows further, so that I can get a satisfactory profit.

ChaoChibai

member

Activity: 588

Merit: 10

-ethernity cloud-

I think sell isn't a good choice in this Bear market situation because if you want to sell you already loss, better you wait until the market rise again then you can sell. One more thing, just believe in crypto world you will not regret it, keep hodl my friend~

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Cult on July 22, 2018, 07:35:22 AM

If the token is already stricken hard and it's not due to the projects team or any project-related collapse, I'd continue holding. However, if the downfall happened due some fraudulent activity I'd sell tokens before it's too late.

That's why it is important to learn how to analyze well, if you know how to assess which project developers have it capabilities to handle situations then you can still hold your coins, but if you seen that the team itself are the one who's creating the dumped better to sell out and don't wait till there's no more value with your coins, it is very crucial when investing inside crypto, holding can bring huge profits but sometimes it is also the reason why traders loses their money, being greed and assume to much.

happypencil

full member

Activity: 361

Merit: 100

Of course not! Selling in bear is the worst thing you can do. Better buy it. If you don't know what to do, it's HODL! In any case, the market will grow because he has nowhere to go. We are doomed to achieve technological progress.

TheDarkRide

sr. member

Activity: 476

Merit: 250

It depends on the thing that caused the token price goes down very deep. If it is just a dump may I will consider to keep it on my wallet. But if it is caused by the bad news from the developer, run away for example, I will sell it no matter what price I will get.

c4ptch4

newbie

Activity: 172

Merit: 0

probably most people who sell when market conditions go down because they have no money, my advice if you have enough money don't sell the coins you hold, wait until the market grows again

Jannyh

copper member

Activity: 994

Merit: 4

When your token goes down,my advice is do not sell because if you do,you will sell at a loss a huge one for that matter,just a little more patience will do the magic,so just have patience in times like this

dylanmeter

newbie

Activity: 134

Merit: 0

Quote from: marksayson on March 04, 2018, 07:56:32 AM

I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell. May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

Given the extreme volatility that is inherent to the cryptocurrency market, the urge to sell in periods of market decline is only natural, If you choose to sell your cryptocurrencies, you should always ensure that you are able to give a step-by-step reason as to exactly why it is you are selling your stake. If you cannot, then it may suggest that you are selling out of fear. if you can beat your emotions, you stand a better chance of beating the market.

qiuness

hero member

Activity: 714

Merit: 500

Such behavior occurs only in those people who have never encountered such a situation, very recently such situations occur on the market, this should strengthen the patience of people, I think that it is, because people have to be patient.

imteaz

full member

Activity: 532

Merit: 107

It is a relatively bad idea to sell off your coin when it goes down, means you are selling in the loss. And in crypto it is normal some coin will go down and up, you have to believe in the project and hold tight and wait for the right moment, that's how you can make the profit.

Luu An

newbie

Activity: 112

Merit: 0

It is hard to make a decision in this kind of situation. First, I have to read news about my coins. If there is no bad news but the price are still going down, I bet that it just a dump in order to create panic. Therefore, I will choose to hold my coins. Otherwise, if there is a significant bad news happening to it, there is no point in holding this token anymore.

winter.sad

newbie

Activity: 41

Merit: 0

Ups and down is the part of the market. I believe in holding when the market drops hard. I do not sell I can hold for long-term until market recovers. I am used too of such movement of the market it does not affect me even my past experience said always wait for the right time. Do not sell in hurry. Patience always pays at the end.

Topic: When your token goes down hard, are you going to sell it? - page 19. (Read 4560 times)