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Topic: When your token goes down hard, are you going to sell it? - page 46. (Read 4560 times)

member
Activity: 280
Merit: 10
The Protocol for the Audience Economy
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?
my personal opinion. If the market price is falling, if you feel still profitable on the penny you are holding, you can sell them. But if prices are falling and you are losing money, I think you should hold them. Dong Xu always fluctuate over time. So be patient, do not be too worried about this. Hold them and wait for the best price in the future.
sr. member
Activity: 399
Merit: 250
Never sell because something goes down. Hopefully you didn't invest any money you couldn't live without. That said, if you sell out of sheer panic then you are going to lose money. If you are insecure about your investment, then I think waiting until it goes back up is a decent solution. That way you aren't losing anything and at least break even. Unless of course you think the project is trash and could never go back up and will only go down. In which case panic selling might keep you from losing more. It's a situation by situation basis. Look at what the general consensus online is as well.
newbie
Activity: 190
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?

No! In my opinion, it's not advisable to sell as a result of panic based on downward trend of value of token. One needs to be patient if he must succeed in the crypto world. Patient is key! The most important is that one must understand how crypto trade works and be ready to employ the necessary skill to deal with it else any little panic as a result of reduction in value the individual would always sell off and keep incurring losses.
full member
Activity: 2114
Merit: 182
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I do not sell if my coins  goes dump the price is in very lower price or even if become zero value I kept it into my wallet even if more than a year to bounce back  again the price value I will wait until I got the break even price before I resell it to avoid loses.
hero member
Activity: 840
Merit: 508
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Well, most people say do not sell when the market is down, as that will actualize your losses. For example, if you purchase 1 ETH for $1000, then the price drops to $800, you still have 1 ETH. As soon as you convert that to $800 you incur a fiat loss of $200. However, there are some cases when a coin is HIGHLY unlikely to recover in value, e.g. If the network gets a 51% attack, or if the founder dips with a hoard of coins, or some critical vulnerability is discovered. In these cases, it's best to get rid of your bags ASAP before they drop to zero.
legendary
Activity: 1176
Merit: 1001
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What is the logic to sell your coins in big loss due to panic as this market always revive after a drop and those who hold their coins in that situation are always winners. I am a buyer in that situation and get more juice then others as majority people sell at that situation and buyer get maximum benefits from that.
There is no positive logic in selling the holding for a lost. The people that do that are thinking about doing something else with the money.
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
When is going down and going fast, I am trying to keep calm. I usually choose very careful where to put my money and try to avoid situation like that.
member
Activity: 168
Merit: 10
That wont be a good idea because if the market is failing all of the coins and tokens are normally going to bleed,selling those potential tokens wont be a good idea because if the market has recovered its price would definitely going to back from its original price,that is why holding would be the bes thing to do when the market has bleed and you are trapped at the situation.
member
Activity: 280
Merit: 12
I also think it's important to invest in good projects. That way you can understand its value and the future. It's always good to hold onto good coins. I personally just participated in Havven's ICO. I believe in the project because they are solving a big problem in our world: every day transactions. I have been looking for a solid stablecoin project for a while now and I'm planning on holding onto Havven for a very long time. Good project = HODL. https://havven.io/
full member
Activity: 252
Merit: 105
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It depend on which crypto I'm holding. If it's a good token from a great project I think I'll keep holding it till it rises back to the new ATH price but if I feel like the dev team don't really care about their token after they got a lot of money from ICO I think I'll sell them all. For example, Credits token is one out of good token that I'm holding, its price x10 today and I think it'll reach to 10$ in the future so I'll hold it Smiley
newbie
Activity: 194
Merit: 0
My golden rule is: “Don’t sell, Hold it”.
I usually don’t sell when they goes down, but I wait and see how fluctuations goes, hoping for a recovery.
full member
Activity: 1442
Merit: 108
if it must be sold then I will sell it but not all because if later the price goes up we can still sell it. as long as we do not panic then we will be able to hold on when it goes down so as not to lose.
member
Activity: 140
Merit: 10
Merit me or don't.
Ah The Theory of Ironic Effects.
full member
Activity: 392
Merit: 100
When the price drops, usually it is better to hodl. Just be patient. Wait for the token price to rise again then decide if you still want to sell it. Fluctuations here are normal. But for some, when they see the price starts to go down, they immediately sell the token to prevent further loss.
full member
Activity: 504
Merit: 100
I have some token in my possession that drops significantly from the first it was listed in an exchange. But i truely believed in this coin so i keep it until now.
sr. member
Activity: 1036
Merit: 273
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?


If you are planning too sell when market value is low its a big no no because its the other way around when it comes to trading. So remeber when low buy and when high sell it. As I notice others go crazy about it they panic when the market value goes down and sell it because they are afraid it will go down even more.

The trick here is just stay put don't panic just chilax because if you sell it low and buy in a high price you might lose the money, lose the profits you invest in.

In the opposite situation when bitcoin increase people intend to buy instead of buying bitcoin in a low value.
sr. member
Activity: 980
Merit: 250
What is the logic to sell your coins in big loss due to panic as this market always revive after a drop and those who hold their coins in that situation are always winners. I am a buyer in that situation and get more juice then others as majority people sell at that situation and buyer get maximum benefits from that.
member
Activity: 476
Merit: 17
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 true that people, in case of raising the price of their token, begin to panic and quickly sell everything they have to not lose even more, but this happens more often because of lack of experience or insufficient knowledge of the cryptocurrency market. If the price of your token has fallen, wait and do not sell, so as not to lose the invested money. Typically, the price will return to the previous levels very soon and with a favorable information climate even go even higher, but it all depends on the specific coin.
sr. member
Activity: 630
Merit: 263
It all depends on your goals. The Fund that you use to trade on the stock exchange should be sold at every downtrend. Buy need, too, in the early rise of. In the trade tactics of retention does not work. The main balance you can hold for a long time and not sell under any circumstances. Perhaps this will allow you to become rich in the future.
member
Activity: 210
Merit: 12
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?
I sell my altcoins only when they grow from x3. For myself, I chose a long-term strategy, so I do not sell coins cheaper than I bought them.
 And I advise you to wait and hold your altcoins.
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