Topic: When your token goes down hard, are you going to sell it? - page 25. (Read 4560 times)
If it's make some loss, I think I will keep holding it until it recover again. I don't want to give up with some of losses. Maybe I can get some big losses too if I keep hold, but I'll never give up.
Hi, everybody. I do not think that it is necessary to panic and immediately sell. In my opinion, it is better to calm down and do nothing. Wait, time will pass and the token will fly up again in price, and you will benefit. Because if you sell as soon as the price falls, the whole meaning of trading is lost. That's right, it's gonna be hard to make money.
This scenario is currently happening on my tokens. The price is really low and is down to almost half its price last week. This time, I will just hold it. I trust it and I am sure, next days or weeks, the value will rise. It is unpredictable. Just trusting my instinct.😊
If the value of the token goes down hard, all you have to do is hodl it till its price go up again. The price of almost all tokens go down after it is listed in the exchange because many holders sell their tokens. But if that token have the potential to grow in the future because of its innovative features, then you should wait for its price uptrend again before selling it.
I've also experienced the same thing like you. And I have little advice for you, if tokens that you've buy have a clear prospect, team, or development then hold and believe that someday the price will up even more than the previous price while if the tokens you buy don't have clear development then you can sell it.
once again hold still the best way.
once again hold still the best way.
Obviously there is no reason to sell anymore if your token is hard hit! You could just consider your invesment as a loss or hope that it will go back up to the price you bought! You can not win in every investment!
The main rule is you should sell while others buy or otherwise. And you should be carefull about btc price. If btc price goes quickly up or down, all the altcoin goes down.
Right now, i am hold many different token in my wallet and all my token right now drop the value. I am still holding it because if i am sell it right now, its not give me more benefits and i am waiting market recover again
if i trading days i buy coin and i set limt to cutloss,normal i will set 20% the price i buy to cutloss,i don't want stuck with the market and wait a long time with list tranding days but if i buy ICO i will hold for longtime and i will wait to roadmaps ends,it may down but i don't sell it,may be i wrong but i accept
Why sell tokens when they've already fallen? In such cases, on the contrary, you need to select them while the price is normal, so you will reduce the distance to your exit to breakeven. I never sell coins if they fell very much, it's stupid in my opinion
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?
this is a difficult situation quite often I experience like this and I only have 3 options. 1, I sell tokens when I need money even though it's down. 2, I sell when the roadmap has been running for a while but the price token even down. 3, when my token price drops in due to declining eth and btc price I prefer to hold there may be some panic sell
If stably it goes down then of course yes, but there is a small probability that it will start after a certain amount of time to grow. And then you have to choose whether it is worth waiting for this time or not.
When my token goes down hard, i will hold it until the price of it recovered, because even though the price go down hard it still have a chance to pump.
cut loss please
If there is a solid project behind this token, then I usually do nothing and wait until the price recovers a bit. 70% drops usually don't last long unless a project is a scam.
If it drops to 70% I will definitely hold it otherwise I will lose half of my investment and that's what I really regret ,if in daily trading I will sell it id down 20% I will cut lose it can because panic from other traders so there will be a bigger decline then I will buy again if there is a good look in the market well for me daily trading is very different from long term investment
when looking at the condition of the market in a down condition then you first do with your crypto assets to hold it, or increase the number of crypto assets to avoid losses and adjust to the initial capital so that in the middle position, resold when the price back up to get the appropriate profit.
It depends on the token itself. If after some researches I have a good feeling that the token has future, I will hold it. But if I feel the token is just a trash then I will sell it right away.
No need to panic every time the market drops. It is necessary to adequately assess the situation and make an informed decision. I keep tokens in the long run and do not pay attention to small market fluctuations.
when the market price and token come down for me it is a very reasonable thing but that does not mean we panic sell because the market will not forever down will definitely experience an increase again so I will not sell any tokens when the price drops because I want to get a lot of profit
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