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Topic: When your token goes down hard, are you going to sell it? - page 21. (Read 4577 times)

newbie
Activity: 89
Merit: 0
It's a common mistake for beginners to sell coins when they start to fall, you need to choose coins so that you do not sell them in panic right after a minimal fall
member
Activity: 210
Merit: 10
Be sure to put a stop loss, so as not to lose a lot. Over the last month, many coins fell 2 times! To prevent this - stop loss!
member
Activity: 368
Merit: 25
The Standard Protocol - Solving Inflation
Not necessarily to choose always sell option as all the cryptocurrecy market is down. If the project you have invested is strong and have good future plannings than you better hold on. Cryptocurrency market is all about patience it's worth full to wait rather than panic selling and exiting market with 50% to 70% losses.
newbie
Activity: 176
Merit: 0
I know that I will not sell coins. I do not want to lose profits. The coin will grow later. For me it's not critical.
member
Activity: 420
Merit: 10
When my tokens goes down hard, I didn't sell but I probably buy more if I have extra money to increase my holdings then wait until the market recovers and I will decide if I will going to sell or continue to hold. Smiley
full member
Activity: 518
Merit: 100
In such cases, I hold. But there is another option, if I'm sure that the price will drop even lower, then I try to sell these tokens, then buy them at the very bottom.
newbie
Activity: 98
Merit: 0
When my token dumps heavily beyond a level I can't take, I simply just hold for the future, will never sell in loss. Should my bag loss 50%, I will simply just hold, as long as the Crypto world is still alive, things will always bounce back.

Me to because if you sell at great loss you'll never have the chance to recover from it. This way at least there is hope.
newbie
Activity: 182
Merit: 0
I dont think about selling when the price down because the only change that I invest and I had enjoy some from profit. Especially for now I will wait until the price rise again.
legendary
Activity: 1110
Merit: 1000
I have my own strategy, and when I see that the token price touches the resistance line, I try to calculate the risks and tend to sell it, but this strategy helps to cope with emotions and avoid panic selling.
This is so much reality to my situation too if I had to do a decision about selling my coins. Sometimes I couldn't decide by what I would really have to do with mu coin because I'd still have to think it wisely and priority my needs before anything else. And infact needs issues are the reason why everybody are here in crypti world, right.
member
Activity: 434
Merit: 10
BITWIN
It depends. Sometimes I hold it and in other cases I sell even in a big loss if I don't believe in future of this token.
Nowadays I try not to sell at all,because crypto lost like 60-90% of it value
full member
Activity: 467
Merit: 100
Binance #Smart World Global Token
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?
the right thing to do if the token or the whole market had drop their value, then its better to hold it, selling it even if its price is still low will make you loss almost half of your holdings. so its better to hold it and wait for the market to recover before selling it again.
full member
Activity: 560
Merit: 109
It all depends on the point of decline, the ability to correctly identify it speaks for a good sense and distinguishes real professional traders!
sr. member
Activity: 462
Merit: 250
That depends on the Tokens you have purchased and if you bought it at ICO I'm sure that it is a great regret that you will feel if you are selling at 70% or 50% loss. That's why I'm not supposed to sell if you're losing. The market is just like this rising and falling and if you send your emotions you will lose.
member
Activity: 364
Merit: 10
which I do certainly will not sell, because I will hold it until the price increases and starts to give me profit.
newbie
Activity: 54
Merit: 0
In my own opinion when my tokens goes down i will not going to sell it because i will lose my money if i sold it. I will hold it and wait for the tokens to pumped again I need to wait to earn profit and be patient. Waiting is the key to earn big profit in long term holdings.
sr. member
Activity: 1274
Merit: 278
For me, it depends on the potential of the tokens I am holding. If it is promising, I will surely hold it no mattter how bad the market get. But if not and the volume is low, I'd probably not hesitate to sell it badsed on the buy orders just to get rid of it. Not all tokens are worth holding for a long period of time because some would just be a waste of time.
jr. member
Activity: 546
Merit: 1
of course i keep holding my coins. when market goes down i believe the price will rise again. i don't wanna loss and regret in the future when i sell my coins in lower price.
fvb
member
Activity: 1470
Merit: 13
I keep all the tokens for a long time.  If you urgently need money for expenses, I can sell 20-30%. But this is only in emergency situations.
member
Activity: 238
Merit: 13
in accordance with my financial condition, if my finances in no way I must sell it. and if my finances are sufficient for daily necessities I will hold them until prices rise again.
member
Activity: 314
Merit: 20
Yes, as what other mentioned here, its all depends on your goals and your needs. If you need the money immediately then you have no option but to pay sell it, regardless if the price drops or not. But if you have the goal to make it big in the long run, then hodl on it. Because it pays more for those patient people. God bless.  Happy earning.
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