When your token goes down hard, are you going to sell it? - page 38.

jayco25

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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?

Nope, Its normal that price will drop but time will come it will rise again specially those project with solid team and great project. I hodl some of my token for long term even price drop and I believed if the project already fully operated price will triple or even times 100.

#Support Vanig

macchiato

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I don't think that the best decision is to sell your coins during bloodbath. You should know that the crypto market is volatile and will fluctuate every now and then. It is in its nature. You need to be patient because you won't be able to get a huge profit from your holdings if you kept panicking during dips, you will just waste your money if you do that all the time.

jcemos9bt

jr. member

Activity: 130

Merit: 1

WayMaker Miracle Worker

why some people sell their coin like is because some depend on it for living to pay their bills because i see nothing why will someone who really know how crypto life is will just go down so low to sell their coin because of market condition, i have seen a situation where one sell his tokens and after 6 to 7 months he was like what push me to sell my token.

pk lurah

newbie

Activity: 210

Merit: 0

I think it depends on what factors make the token drop, if there is bad news or overbought price I will sell it as soon as possible because usually, the effect of bad news will keep the price going down.and also I will not sell my token if it goes down, in the long run, and make big profits rather than sell them early for a low price.

Golftech

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Quote from: EiKaGlaShPriSAThWEl on May 06, 2018, 07:13:21 AM

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?

A panic selling. When there is a price fall, I am ignoring it. Like what of I have read before, it is normal and yes it is true. There are only two options in cryto, if it is not rise then it is fall and vice versa. Well there are times that I selling evem though there is a price fall but those times are the times that I needed money badly.

If you really in need then you can't avoid to deal with such actions, but if not then better to keep holding as coin if that is part of those top 20 coins, we will just need for another rise, bounce back is always possible each time we seen the market fall, the more we keep it on hold the better that we can avoid mistakes, you should learn from the past experiences by you or by those who already shared their own sentiments regarding to this fluctuations, if you will be able to handle this manners then you are good and fit inside crypto.

carrie_white

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I think the market is always up and down, because the nature of the crypto is always fluctuating, and if my altcoin is also affected by the market decline, then I will keep it from selling until the market conditions recover again, because it is only temporary

jinnyjinny

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Activity: 280

Merit: 16

I don't hold crap, so if there are hard drawdowns, I consider these are temporary difficulties. Usually when bitcoin goes down or we hear some bad news regarding cryptocurrencies, assets start to fall in price, the so-called "panic sale" begins. and sell in a time like this, the most stupid thing we can do. Because that's what the whales expect us to do. And here are the market rules. One sells at losses, the another buys at the bottom and sells at the peak.

EiKaGlaShPriSAThWEl

member

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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?

A panic selling. When there is a price fall, I am ignoring it. Like what of I have read before, it is normal and yes it is true. There are only two options in cryto, if it is not rise then it is fall and vice versa. Well there are times that I selling evem though there is a price fall but those times are the times that I needed money badly.

Olega252

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Activity: 560

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If my coin falls, and the project is interesting and will give wealth in the future, then I bribe it at the support line, if it goes below the line, then I again bribe. In a growing market, it will show a lot of X

sergio-faucetbitcoin

full member

Activity: 346

Merit: 100

If you really believe in the project, never sell a token after it goes down hard. I would at least hodl, but the more it goes down, and the more I would buy of it. If you were already thinking it worth buying it at a high price, think of it as a discount.

Tlongbottom

newbie

Activity: 112

Merit: 0

I’ve done it before and I don’t plan on doing it again. You have to understand the market is doing around you and adjusting from there. Is everything is taking a fall, it also generally comes back up together. In a case like this it doesn’t make sense to sell especially if you bought high. If you FOMO in at a coin’s peak, then it makes sense to take a look when it starts dropping. Maybe it will go lower and you can get more for total amount. But even then, you are guessing in this market and you can get burned in a hurry. Just stick with your decisions and eventually you will be ok.

santino11

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a hard fall and a panic sell will be a big loss.
better to keep holding and buy more at fall.
this will balance your token price and will give you more earnings once it bounces back.

Manc89

member

Activity: 266

Merit: 10

Quote from: Rooster101 on May 06, 2018, 02:21:44 AM

Many investors sell their new tokens once it is listed in the exchanges and this usually result in falling price of the token. If the token has a potential to grow the future, it better to hold it because it price will surely bounce back soon. If the token or coin is poorly developed or categorized as one of the shitcoins, I will likely sell it once it is listed in any exchanges because it may not stay long in the market. In choosing an ICO or a coin to invest, it's better to do your own research first before putting your hard-earned money into it.

Its depending on the token itself because there are many token can be recover soon or later.
If i feel the token has no future ( on my own opinion ) then i will sell it soon but its also happen the opposite if the token is promising.

maydna

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Markmolotok1488 on May 06, 2018, 06:41:58 AM

Quote from: AiwaDima on May 06, 2018, 06:20:36 AM

At such moments the main thing is not to panic and sell nothing, as you will lose more, you need to wait for correction and only then do something.

Of course! Patience is the main benefactor. Remember the guys, just keep your coins in any scenario and you will be rewarded.

that's right and maybe he needs to close his computer and don't open any exchanges because if he still opens the exchanges and watches the price, this will make him become panic if the price remains to go down. some people cannot hold while the price is down and they just selling the tokens without waiting for a while. but if you think that you are fine to sell when the price is down, then you don't have to wait any longer to see the price still goes down.

Donnie_28

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Activity: 392

Merit: 100

In my opinion, No, I would not sell on it, I will just hold on. Don't panic about the situation just be calm because it is normal that coins are going down, but eventually it will go up again this how crypto currency done. I think it will have a great opportunity just wait for it.

Markmolotok1488

newbie

Activity: 322

Merit: 0

Quote from: AiwaDima on May 06, 2018, 06:20:36 AM

At such moments the main thing is not to panic and sell nothing, as you will lose more, you need to wait for correction and only then do something.

Of course! Patience is the main benefactor. Remember the guys, just keep your coins in any scenario and you will be rewarded.

MFY151

full member

Activity: 308

Merit: 100

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?

No, it would be such a waste if I sell those token the best thing you should do on these moments is to be greedy because these moments are the best time to buy more of your token and if you are really having doubt about your investment then you can always play it safe and wait for the market to recover, just hold until then and then sell your token.

mylyn2327

member

Activity: 294

Merit: 12

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?

No, whenever it happen I still stay calm cause I don't want to panic. It really happens in crypto so you better not to worry and always remember if there is downfall it will also go up again.

louie69

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Activity: 322

Merit: 12

In my opinion, fluctuations or down trend in cryptocurrency market is actually normally happening. Try observing the current price until several months, then you would notice that it is normal to have this kind of trend in the market and I would suggest as anybody else were doing, just hold still, don't sell your coins and just make it a habit of patiently waiting for it will normalize soon from bear market to bull market.

AiwaDima

full member

Activity: 322

Merit: 101

At such moments the main thing is not to panic and sell nothing, as you will lose more, you need to wait for correction and only then do something.

Topic: When your token goes down hard, are you going to sell it? - page 38. (Read 4560 times)