Author

Topic: Why are you selling your altcoins so soon? - page 110. (Read 11444 times)

hero member
Activity: 1139
Merit: 500
February 11, 2018, 06:58:38 AM
#34
I do not do that (sell when dip) but I know the reason they are selling their coins when the price is cheap because they need money for a thing.
I too do not sell my coins because I want it to be higher as what I expected. I will hold this until its price will become huge. I guess others are selling their coins because of some reason. I guess it is because they need money to buy a thing that they wanted or they sell this because they know that soon coins price becomes more higher as what we've expected.
full member
Activity: 238
Merit: 102
REVOLUTIONIZING THE TRAVEL INDUSTRY
February 11, 2018, 06:51:48 AM
#33
I am selling my Altcoins soon because I'm going to fund it for a few my wedding this coming october that's the reason why I'm still holding my Altcoins even though the ride is like a roller-coaster. There are so many times that Cryptocurrency market keeps on dropping and pumping but I still choose to hold them because weeks before my wedding, whatever my Cryptocurrency Assets worth then I'm gonna pull them off because I want to fund my wedding to be as better than other couple's wedding.
That's my plan and that's my reason why I'm going to sell my Altcoin Assets soon.
member
Activity: 210
Merit: 10
WINSTARS - We are changing the face of gambling
February 11, 2018, 06:30:58 AM
#32
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?
Maybe because these people knows when to have a perfect entry and exits especially when the market started to dump or pump.If you know how to trade with technical analysis you will know when to sell or buy an altcoin.Bitcoin dictates on how the market will flow ,altcoins are just following bitcoin's footsteps that is why most of the traders are sticking with bitcoin if it started to move either up or down.
sr. member
Activity: 484
Merit: 250
February 11, 2018, 06:28:38 AM
#31
I would love to think of you. It seems everyone is selling Altcoin sooner than it is worth. They are afraid the whales will squeeze the price. So they sold it early and invested in something of value and stability
full member
Activity: 294
Merit: 100
February 11, 2018, 06:22:36 AM
#30
I do the same thing today. Because the price of bitcoin falls is also affected by the altcoin so I just hold it only so I can not lose it completely. I am also one of the people who are afraid to lose my capital here. So let's just take care of the investments that our capital is about to make us lose
hero member
Activity: 966
Merit: 501
February 11, 2018, 06:18:21 AM
#29
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?
That is how market works.
Lots of people buy altcoins, hoping for a higher return than bitcoin or ethereum.
It works when market is bullish.
Once the market tank, they are easy to panic sell.
member
Activity: 252
Merit: 13
February 11, 2018, 06:05:25 AM
#28
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?
It is really depends on the situation when the market will start a downtrend movement,we should get out from the altcoins because we might lose a lot of money if we are trapped to these altcoins while bitcoin is failing it is the same with the uptrend when you know bitcoin will go bull run why would you stick to altcoins?the value of your alts will surely decrease.
full member
Activity: 336
Merit: 100
February 11, 2018, 05:57:56 AM
#27
I do not sell my coins.  Especially now, when the market is red.  Although perhaps I regret that I did not sell some coins when they give a profit.  Even when the market is green, I sell only a part of the coins.  A half of them I keep for a long time
hero member
Activity: 1316
Merit: 503
February 11, 2018, 05:53:27 AM
#26
I do not do that (sell when dip) but I know the reason they are selling their coins when the price is cheap because they need money for a thing.
full member
Activity: 840
Merit: 128
February 11, 2018, 05:51:34 AM
#25
Sorry, but I think you are wrong. There are many people that are holding their coins, and other that are buying more of them.
When the market is down it is a great opportunity to buy some coins at real low prices.
People who are new at the trading game usually expect that prices are moving always upwards and that they are going to be rich quickly,
So they panic sell them to minimize the loses and real traders buy them.
This is trading.
newbie
Activity: 168
Merit: 0
February 10, 2018, 02:30:47 PM
#24
People are afraid + FUD.

But I think since there'll be another crash for chinese new year, it makes some sense to sell for now. I don't think the market is done stabilizing.
hero member
Activity: 886
Merit: 510
February 10, 2018, 02:29:01 PM
#23
It's one of the most common mistakes in the cryptocurrency world. You always tell people to have a goal price and be patient before the market gets to that point, but nobody listens! LoL
hero member
Activity: 891
Merit: 500
February 10, 2018, 12:56:55 PM
#22
I assume most people expect another crash for the chinese new year and hope to buy during that crash. Or some just daytrade, who knows.
Chinese New Year should have little to do with the price crashing. There was Christmas, Birthdays, Black Friday, etc that caused the price to go low.
full member
Activity: 448
Merit: 100
February 08, 2018, 02:07:30 PM
#21
Buy at the bottom, sell at the top . Golden rule!  Many do not have patience and when I bought and it goes lower , then start selling . Before buying, analyze
hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
February 08, 2018, 02:07:22 PM
#20
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?

The common strategy during the fall is the following. For example I have 1000 Eth and now it cost 800$ per coin. I guess that the fall will be continued so I want to sell my funds to USD and buy more ETH at the lower price. It's a pretty natural feeling, but it causes even worst situation at the market, but there is no another way... The market is self-regulated system with a lot of variables Wink
sr. member
Activity: 1078
Merit: 256
February 08, 2018, 02:03:52 PM
#19
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?
Not all the altcoins will survive  man.You want to hold for long term , just do it . Sell and buy are the must of a normal market.
Depend on how you assess the market, alts are good for both short and long its the timing and the understanding that matters, there's a lots of coins which possibly bring a lots of profits for longer hold as also some short term can be okay especially if you got the right timing riding with the pumped and dumped developers.
full member
Activity: 467
Merit: 100
February 08, 2018, 02:02:55 PM
#18
there are still some digital assets that I have, I see in the past few months my assets have fallen by almost 50%, so I will keep them at least until the assets that I have returned
sr. member
Activity: 392
Merit: 257
February 08, 2018, 01:58:45 PM
#17
I agree with what to said, people expect that their investment will get doubled or tripled in a week and when that doesn't happen or prices drop, they switch to btc or cash out.There is more chances of profit in bitcoins than altcoins most people think this but imo if invest in right coins like etheruem and some alt coins can be quite profitable in long run.
sr. member
Activity: 532
Merit: 250
February 08, 2018, 01:57:28 PM
#16
Actually this year many new tokens were born, so they have not shown their true potential yet, but some are in bubble, so it is better to sell and buy when they crash.
full member
Activity: 406
Merit: 100
February 08, 2018, 01:49:57 PM
#15
I only sell during this down periods only if i need money for an emergency.
The best strategy would be to sell a portion of your coins when the market is high, so you won't need to cash-out when the market is like now ..
Jump to: