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Topic: When your token goes down hard, are you going to sell it? - page 37. (Read 4577 times)

jr. member
Activity: 238
Merit: 7
Never sell your tokens when a crypto market is going down, instead take advantage of that dip and buy more tokens at that moment. Since tokens are pegged with ETH & BTC that's why the price of most tokens are affected if BTC & ETH goes down. Don't get panic if you see your tokens value are getting dropped just hold & have patience. You must accept the fact that crypto market is highly volatile & will not always remain in red it will turn green after some time.
full member
Activity: 280
Merit: 100
Holding a Token ICO is not a good thing to do when the market is unstable. If you have invested in an ICO, then that is when the Token is indexed on exchange floors, you need to exchange quickly to ETH then hold. For now, the safest and most stable way is to invest in BTC and ETH as these 2 cryptos currently dominate the cryptocurrency market.
copper member
Activity: 616
Merit: 0
Ups and down is the part of the market. So there is no point to sell my altcoins and some coins always worth to hold. Sometime market also test our patience. When I see that the price has fallen well. I will buy tokens and hold it till prices rises and sell it at a high price at the right time which brings a very good profit.

sr. member
Activity: 329
Merit: 250
Bitcoin may be the TCP/IP of money.
No! When your token goes downward (assuming that you've done your research and picked a decent coin), it's the opportunity to average down your cost and buy cheaper. Then if you are down for a 10% loss and you buy in again with the same amount of $, you only need 5% gain to break even again instead of 10%.
newbie
Activity: 196
Merit: 0
maybe I do not think to sell my tokens when things are down and I will do my best step that is holding it alone and be patient to wait until there is a movement of the token price value, if it starts to increase I will sell it.
full member
Activity: 490
Merit: 100
Why should I sell at such moments, I only buy, because I try to average my losses, otherwise you just lose your money, I think that in the case of buying, you at least somehow reduce their risks.
member
Activity: 462
Merit: 12
Hello, I never miss the altcoins when the price falls strongly. On turnover, when I see that the price has fallen well, I'll buy tokens. And believe me more than once I earned more than planned earlier.
copper member
Activity: 420
Merit: 0
I have a great patience level even I learn it from the crypto 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.
newbie
Activity: 283
Merit: 0
no, if we sell the coins we have when there is panic, then we will suffer losses only. in my opinion, when there is a price drop, we do not sell any coins we have but we have to buy some coins and keep them until the price goes up. we must be patient to get the maximum profit with hodlding, because after the price down it will be an increase in market prices
full member
Activity: 504
Merit: 101
That's the common reaction of people in crypto business. When you are doing trading you should be quick in making decision and determine what will happen next. You should be very careful where to invest. Try to put limit of drop. Sell it when you think the drop will cost you less 20% of your investment. I'm not good at it but I've manage to earn few doing my thing.
jr. member
Activity: 574
Merit: 2
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?


It is a very nasty and bad decision to sell your tokens when the prices go down. When prices are down, you pack, you buy more and hodl
When prices soar high, higher, higher, then you sell and make huge profits which are to be re invested too.
full member
Activity: 201
Merit: 102
Making Smart Money Work
in any case .. I think it's better not to fix the minus! You can try a little and wait, though, to go on how much you invested
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
Sometimes it's best to sell off and take what little profit you can get from a sinking project. But if it's a project you believe in and you did proper hypothesis before investing, you could hold on till it pumps.
member
Activity: 350
Merit: 47
If you really need money then sell it. If not, then hold it for some more time. Prices of major crypto (btc and eth) are really unstable, prices are really volatile and this decrease of value is normal, in about a month's time, it'll probablt go back two folds. So when that time comes, you can sell it for a much higher value, maximizing your profit.
jr. member
Activity: 168
Merit: 1
If you are in the world of cryptography, you need to know the risks, the sub coins can make too much and can lose too much, If you panic instead of patience, you lose a lot of things instead of winning.
jr. member
Activity: 131
Merit: 1
This decision depends on what kind of project it is, and if the project is not good, it can be thrown.

But I think holding is the best way, because crypto currencies are always volatile, so prices are bound to rise again.
jr. member
Activity: 350
Merit: 2
For me, I really like to apply TA for this kind of situations and if my analysis tell me to sell then no doubt I will sell my holdings. Someone can say you can't apply TA for Crypto. But we can get some help from that.  Smiley
jr. member
Activity: 196
Merit: 1
No always HODL!
full member
Activity: 854
Merit: 100
SportsIcon - Connect With Your Sports Heroes
for me when my token gors down and im already loss around 30% i will probably sell that token unless i will loss all of my profit on that shit token.
jr. member
Activity: 196
Merit: 1
My comment for this is no need to sell your coins when it is on dip. It's dip is normally happening and considering it's dip is too high then it will also take some time to make a recovery else, coins should be hodl. Monitor from time to time concerning the market price value to keep updated. Also, during the bear market is a good timing where you should make the buying of coins at a lesser price then sell later once it is up again.
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