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Topic: Why are you selling your altcoins so soon? - page 105. (Read 11444 times)

hero member
Activity: 756
Merit: 500
February 15, 2018, 03:30:41 AM
First group of them are gettin scared of cryptocurrency crash. Second group is the traders. Finally, last group is the guys who are tired of seeing red everywhere.
member
Activity: 308
Merit: 10
February 15, 2018, 03:12:58 AM
I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

So tell me, why are you selling your altscoins so soon?


There are a lot of people today who are desperate of earning back the amount of capital they spend on investing because the market price's has drastically decrease this past few weeks and that is the reason why there are a lot of drama today in the market but still it will go back to normal after a few months.
full member
Activity: 490
Merit: 100
February 15, 2018, 03:03:42 AM
I'm selling it so I can still make profits from it. It is still a good sell because it was 50% higher after I bought it so I'm just doing what I think is right base on the current situation.
hero member
Activity: 3010
Merit: 629
February 15, 2018, 03:02:09 AM
There are many reasons why investors chose to sell their coins prematurely. Switching are often my reason why sometimes I chose to sell.

I will buy the particular coin that has more potential to invest in, however I still timing the market to atleast get my initial capital.

Currently the value of btc and alts are slowly recovering hence its a good sign to hodl and wait.
full member
Activity: 504
Merit: 100
February 15, 2018, 02:49:25 AM
I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

So tell me, why are you selling your altscoins so soon?

because altcoin is very unstable and altcoin is only used to multiply the assets we have if too long keep altcoin will make us a loss because the price can drop drastically even delete list from the market.
full member
Activity: 630
Merit: 103
February 15, 2018, 02:40:55 AM
some people make the slightest profit and then sell it immediately. i prefer to invest in medium term instead of this. you can have thousands of dollars to earn a few hundred dollars.
rushing and selling immediately makes you lose money.
member
Activity: 238
Merit: 10
February 15, 2018, 02:40:36 AM
In my opinion, most people today are really scared, losing interest because we all see the value of the fallen altcoins very low, but I'm sure it starts to recover its value. in the days to come. I personally mainly save my altcoins and treat it as my savings.
sr. member
Activity: 770
Merit: 298
tozex.io
February 15, 2018, 02:33:14 AM
for me as long as i'm having a profits when i'm selling , i probably will do that.
I was a daily trader(short term) so basically after selling some coins, i'll look to other coin and will decide if i'll buy or wait for another lower to get in.
But since the market situation right now forced me to become a HODLers , i'm waiting all my assets to get recover
member
Activity: 145
Merit: 10
February 15, 2018, 02:20:05 AM
I am still Waiting for increase Price Cool

People just panic so quickly, alts are already beginning to rebound, these markets run in cycles and it is heavily emotion driven. You just have to have the discipline and understand that this market is not going away anytime soon.
newbie
Activity: 85
Merit: 0
February 15, 2018, 02:15:45 AM
I am still Waiting for increase Price Cool
member
Activity: 322
Merit: 10
February 15, 2018, 01:43:15 AM
I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

So tell me, why are you selling your altscoins so soon?

In my own opinion, most of the people today are really scared about losing profit and we all know that the value of altcoins are very low so they tend to sell all their coins at the lowest price to earn back the money they invest and that's the time when they are all starting to lose their profit.
sr. member
Activity: 420
Merit: 250
February 15, 2018, 01:35:49 AM
The only time where i sell my altcoin so soon is when i need money urgent and have no money left. The other time is when the coin got delisted from bittrex so i have to sell it asap before i suffer more losses. Other than that i can't see another reason why i should sell my coin soon.

Same here, I only sell my altcoins or the only time I sold my altcoins was when I needed the money. So far I have no coins hodled that are delisted but I do have some coins which went down half of its value. I am mostly saving my altcoins and considered it as my savings.
hero member
Activity: 994
Merit: 502
February 15, 2018, 01:34:34 AM
Selling some altcoins in this time is a bit of a waste.
altcoins price are down for the past months and it just starting to recover on its value for the past days.
Lets just wait and HODL altcoins for a bit of time, maybe for 2-3months? but we can just sell it if we are confident that we did get a profit on it!
Crytpocurrencies is recovering so have faith on it!
Slowly along with bitcoin most of the altcoins were recovering. While the price of bitcoin started declining more users switched to withstand the loss without having clear idea about the market. Later realized the entire altcoins market is depending on bitcoin. Now as the price of bitcoin started pumping forward once again users have started switching to bitcoin selling the altcoins in their portfolio.
full member
Activity: 364
Merit: 101
DanJoN
February 15, 2018, 01:29:14 AM
Selling some altcoins in this time is a bit of a waste.
altcoins price are down for the past months and it just starting to recover on its value for the past days.
Lets just wait and HODL altcoins for a bit of time, maybe for 2-3months? but we can just sell it if we are confident that we did get a profit on it!
Crytpocurrencies is recovering so have faith on it!
member
Activity: 112
Merit: 10
February 15, 2018, 01:24:18 AM
I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

So tell me, why are you selling your altscoins so soon?

Totally agree with you. We are just at the start of the crypto revolution.. things will be volatile and prices will be moving up and down. But if we can be patient and hold our altcoins for a year or two, we will all be richly rewarded.

total market cap is still way below 1 trillion USD... we have a long way to go. Hold all your altcoins and wait for the market to hit 5 trillion at least.

Caveat: shillcoins will go to the dumps when crypto market matures. So make sure you are holding quality coins
full member
Activity: 448
Merit: 100
February 15, 2018, 01:23:35 AM
The only time where i sell my altcoin so soon is when i need money urgent and have no money left. The other time is when the coin got delisted from bittrex so i have to sell it asap before i suffer more losses. Other than that i can't see another reason why i should sell my coin soon.
member
Activity: 266
Merit: 10
February 15, 2018, 01:22:35 AM
The  crypto world is full on noobs right now, What do you expect?!
And of course the main reason was that last crash, everyone thought that bitcoin and cypto are dying, most of them sold their alts and bought bitcoin

But bitcoin is also deep correction, what do you do after that? Did you sell your bitcoin because you said that people sell their altcoin to buy bitcoin because the altcoin drop. As you say i think you will also sell your bitcoin. But of course you will lose money because selling lower than buy price.
newbie
Activity: 175
Merit: 0
February 15, 2018, 01:17:36 AM
depends on the type of peoples, they sold them right away for many reason, maybe they need the money for living or they believe bitcoin or ethereum were the best investment for them. To keep alt coins for a long time need faithfulness and peoples tend to play safe not keeping them because they don't want their alt coin prices decreases.
member
Activity: 266
Merit: 10
February 15, 2018, 01:13:46 AM
I sell altcoin quickly to meet my daily needs, if I do not need it, then I will not sell it quickly, I will continue to stick with the desired price.
That's the reason I sell altcoins quickly ..
member
Activity: 673
Merit: 10
February 15, 2018, 01:08:50 AM
I think if the necessities of life like eating school children and buying what clothes we should wait but I just have a little patience to sell it but if I do and I will work again and get wages from my results. next job
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