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Topic: When your token goes down hard, are you going to sell it? - page 32. (Read 4577 times)

member
Activity: 658
Merit: 20
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
newbie
Activity: 72
Merit: 0
No, buy high,sell low doesn't work well.
member
Activity: 160
Merit: 10
Decentralizing Wealth Building Investment Opportu
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?

To sell a token when its price has decreased is not a good idea. When the price of the token is reduced, you should buy it on the contrary. But you need to sell the token when its price grows.
member
Activity: 364
Merit: 10
Here there can be a different situation. If before that the market has decently risen, bitcoin and ethereum have grown very much in price, and all the altkoys have risen with them, then, when they just started to go down, if necessary, it is expedient to sell their tokens. This will practically be the peak of their prices. Therefore, if you thought to sell them, then this would be the most convenient case. However, this does not mean that with any drop of bitcoin or ethereum you can sell your tokens. It all depends on the specific situation.
newbie
Activity: 138
Merit: 0
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?
In my own opinion I don't really sell my tokens when the market declines what i have to do is to hold it for the next fluctuations.The market will move upside down due to votality in which we are open minded that corrections will always happen.Better hold your coins instead of panic selling,you will not profit unless you wont have a strong heart and mind to control it.
jr. member
Activity: 46
Merit: 10
It is easy, honestly, there are only two choices, right? To sell or hold for a bigger period of time, but fear starts to play tricks with our mind, and telling us to sell in order not to have a bigger loss. In order for that not happening, you need to have a plan.
newbie
Activity: 102
Merit: 0
Because everyone's idea is not the same, their operation will not be the same. If I encounter such a situation, I may sell my cryptocurrency quickly and reduce losses!
member
Activity: 364
Merit: 10
Do not always need to sell tokens that are lower in price. If this is due to a general market fall, then this has nothing to do with the specific token. If this happens against the background of the general rise of the crypto currency market, then this is an occasion to reflect on the future of your tokens. Then you need to check the project, which led to the release of the token. If there are unrecoverable problems, then such tokens need to be sold.
full member
Activity: 686
Merit: 104
no, the exchange rate is too low, it is impossible for me to sell it. usually within a period of one month, the value can surely rise.
full member
Activity: 630
Merit: 103
I prefer to keep all altcoins or tokens until its price increases several times, and then sell it. If the token price goes down-then do nothing.
full member
Activity: 163
Merit: 100
Although bitcoin and some cryptos go down for a long time but I am completely optimistic about the crypto market. I will not sell my token when it goes down hard.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
Selling low value tokens won't help you because you will lose profit or won't earn at all. Example is when you have tokens that cost $100 and then the token value drop to $80 then you just lose $20 that is why you should keep your tokens before major coins like bitcoin and ethereum's price increase before selling. Some sell their tokens because they panic that their tokens might be less value than the current drop price.
newbie
Activity: 164
Merit: 0
I don't think its the best decision and neither is it in your best interest to sell when the coins are in the dip. This time the coins have lost value and is probably struggling ,selling them means you let go off at a cheap price and making losses in the long run which is not something we would like to be doing. When the coins are losing value, the best thing to do is to be patient with it as much as possible , wait till its past the red zone, especially id the coin is a good one
newbie
Activity: 87
Merit: 0
Usually, I will not sell it. My choice is to close my wallet and forget it, because it has collapsed, so it is meaningless to sell it.
hero member
Activity: 1078
Merit: 507
When coins are too low in price, I do not sell them because in that case I still will not get any profit, but there is a chance that the price will grow in the future.

This might be the best policy to hold the coin and not to sell but there is also a technique of buy back where when market is falling and it has more scope of falling then you can sell and buy at more lower point but it needs proper market study as one wrong step can cause more loss than profit. Also, sometimes the coin is failing due to scam issues then I will suggest you to sell your coin as there is very less scope for coin to regain its value.
jr. member
Activity: 392
Merit: 1
When coins are too low in price, I do not sell them because in that case I still will not get any profit, but there is a chance that the price will grow in the future.
full member
Activity: 1316
Merit: 108
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?
No, if the reduction in the price of tokens is a consequence of the general fall of the crypto-currency market, it will be wrong to sell tokens. After a while, the market will again rise and your tokens will also grow in value. It's another matter if, when the market increases or even with its relative stability, the token goes down in price, then first of all you need to find out the reason for this behavior of the token and, depending on it, make a decision. If the token project itself develops, and the reasons for the fall are temporary, then it is possible that it should not be sold, but if the reasons are global, then it is better to sell this token immediately.
sr. member
Activity: 756
Merit: 250
Of course you do not need to sell your coins if the price goes down, because that's how you lose your money. The market of crypto currency is very unpredictable and the price can change every day, so we need to have patience.
member
Activity: 280
Merit: 10
I think that you should not sell your coins. It is necessary to take advantage of this opportunity and buy more coins!
full member
Activity: 406
Merit: 100
Probably worth a wait and do not immediately sell your coins Wink  I always wait for growth of 100-200%! Smiley
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