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Topic: When your token goes down hard, are you going to sell it? - page 7. (Read 4524 times)

hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
First , after the release of the token, you need to carefully follow the news, because if they introduce something new, the price will necessarily begin to grow.
jr. member
Activity: 139
Merit: 1
Sometimes I still sell coins, at least part, to minimize the risk of losing everything . And sometimes this decision helped me . But not always - often the price goes down just for a while , because of the market
full member
Activity: 504
Merit: 100
I can advise you only to keep the coins until better times since the market has subsided and you are losing your money

I am not going to sell the cryptocurrencies for the prices which are lower than the prices I bought them for. That is why I am ready to wait for the better times, even if this period starts in 2 or three years.
full member
Activity: 280
Merit: 100
I don't sell my coins when the price is falling down. But I sell when it is increasing.
When I buy some coins, I set a target that I think I have enough profit. If the price hit my target, I will sell 50% and set a higher target. If it continues to rise and hit the second target, I will sell more 25% and keep the rest for a long time, maybe several years
hero member
Activity: 854
Merit: 500
It makes no sense to sell something that has already fallen very much because the market is very insidious in this regard, and it can start to grow as soon as you sell howling coin. Leave her to better times
member
Activity: 364
Merit: 10
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, when my tokens goes hard down, i didn't sell my tokens, for example my Ethereum gets a big dump this month and i did not sell it immediately because i believe in that coin and hoping that it will come back soon. I will stay positive on Ethereum and do not sell panic. That is my strategy.
sr. member
Activity: 826
Merit: 263
It always depends on the project and on the team. To understand when it's time to sell is Art. If you don't get the right moment it can be hard.
newbie
Activity: 54
Merit: 0
I can advise you only to keep the coins until better times since the market has subsided and you are losing your money
member
Activity: 303
Merit: 10
of course I will sell it and try to cover up my losses by trading in other altcoins, but if it is a good altcoin like ethereum then I will keep it because I am sure the value will return
jr. member
Activity: 266
Merit: 1
”Decentralized Digital Billboards”
I do not even know what to answer about this. I know the person who kept the tokens and did not sell them with the expectation of their take-off. But they have become cheaper at times and have become useless, while others have grown at times. Think about keeping or selling tokens. This is everyone's business.
hero member
Activity: 966
Merit: 500
Why would I want to sell my coins when the market goes down hard? Am I here to making profit or losses? It is never wise to sell your coins when the prices are down.  When the coin is down is when you have to hold your coin, you only sell when the price goes up and on no account would I ever sell my coins for a lower price than I bought them for.
legendary
Activity: 1204
Merit: 1000
Absolutely not! This is how people react when they panic. I am the type of person who don't panic because I have prepared myself for this kind of scenario from the very start. It's all psychological, mental, and emotional mixed all together! If we are unable to control even one, there's a possibility that we will make some unnecessary decisions. And I do not like making such decisions. As for the market and token prices going down, they will eventually recover in time.

I've been faced with this many many times and I'm still being "tested" with my patience when the price is going to crash and you have nothing to do rather than buying more (riskier) or selling (riskier too)

Sometimes if you see that the coin you hold has no future and the exchanges are delisting it then you should sell and then check if the price increases if yes then its maybe good to buy.
full member
Activity: 476
Merit: 100
Absolutely not! This is how people react when they panic. I am the type of person who don't panic because I have prepared myself for this kind of scenario from the very start. It's all psychological, mental, and emotional mixed all together! If we are unable to control even one, there's a possibility that we will make some unnecessary decisions. And I do not like making such decisions. As for the market and token prices going down, they will eventually recover in time.
jr. member
Activity: 238
Merit: 1
Yes, i am going to sell it quickly as long as i have profit, but if i have not to eran profit, i will hold it for awhile or even longer maybe. Panic selling has advantage and disadvantage, the good thing is you will sell it quickly even you earn a few profit. But the disadvantage, if your coin is getting down and huge gap price decrease holding takes disadvantage at this time.
jr. member
Activity: 224
Merit: 1
There is no way that I would be selling any of my tokens when the prices are down, doesn't that defeat the entire point of owing tokens in the first place? I am here to make money and selling tokens at a low price is not making money.I still hold the tokens that I get from the ICO because the price is not good for me if I sell it right now although it is a free token for me because I still want to sell at the highest price. so I think it is better to hold the tokens and wait for the price is increase higher than before and maybe it will need a longer time before the price increases. but maybe if you still want to sell, you can do it now because maybe you think the tokens will never increase for a long time so you decide to sell now.
full member
Activity: 372
Merit: 100
Sugars.zone | DatingFi - Earn for Posting
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 plan to hold your tokens for long term, its just fine to save your holdings until the market recovery. but if you think that your investments might decrease its value, you should convert it to fiat and buy again if bear market is done.
full member
Activity: 364
Merit: 100
Have patience...on cryptocurrency will be able to earn someone who can wait. If you bought fundamental coins, for example from the TOP 10-20, then you can not worry. Such coins are very likely to come out of the drawdown and grow very well then. But it is still better to distribute your money between several coins and make a portfolio.
full member
Activity: 490
Merit: 100
Just don't sell because you feel you already have some losses, try to critically identify the best case and worst case uses of token you are holding, if you see your token been very valuable nd needed, the price would not matter because such token will rise in price eventually!
full member
Activity: 392
Merit: 100
It is really a hard question to answer with easy answer, but I can say that I am still holding my coins even since they are already two or 3 times less than the price of June for example.
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