Why are you selling your altcoins so soon? - page 20.

gurumander

copper member

Activity: 70

Merit: 0

Quote from: GumboTrader on February 08, 2018, 11:04:29 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?

Everything is very simple! A large number of investors began selling their altcoins because the market began to fall very rapidly. When the asset in which the investor has invested begins to decline or is threatened by a decline in the future, the person begins to insure against losses in the future and buys bitcoin.

skish85

sr. member

Activity: 485

Merit: 250

People sell altcoin to buy bitcoin, because bitcoin grows more than other digital currencies.

Restmand

sr. member

Activity: 979

Merit: 258

Quote from: tazmannia on September 04, 2018, 07:46:40 AM

Quote from: GumboTrader on February 08, 2018, 11:04:29 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?

I don't know if you're thinking right. Personally, I see the market a little differently. Let me give you my example. I try to keep bitcoins in my wallet in the amount of 60-70% of the total pool of all my money and the rest of the money I keep in altcoins. I sincerely believe in promising coins that will definitely show a good result. I also this year discovered the bounty of the company, who can give me a few coins. Perhaps they, too, will grow in soon.

i don't thin what's in their mind to make selling in this time, because all i see this time is only for holding. yeah, i understand that the market are rising up little by little but it doesn't mean you earn. maybe the alternative coins are followed soon because as of now the bitcoin are the only one who rising up. and it is better to rise up little by little compare to the bullrun that after a week the price are dropping again.

tazmannia

full member

Activity: 308

Merit: 102

Quote from: GumboTrader on February 08, 2018, 11:04:29 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?

I don't know if you're thinking right. Personally, I see the market a little differently. Let me give you my example. I try to keep bitcoins in my wallet in the amount of 60-70% of the total pool of all my money and the rest of the money I keep in altcoins. I sincerely believe in promising coins that will definitely show a good result. I also this year discovered the bounty of the company, who can give me a few coins. Perhaps they, too, will grow in soon.

rajakulam

full member

Activity: 616

Merit: 102

Everyone has his own needs in his life, so if they really need money for their daily needs, they must be forced to sell in crypto market conditions like today, but if they have money to cover their daily needs, they will definitely prefer to hold the altcoin.

doomistake

hero member

Activity: 1400

Merit: 571

Quote from: retnoanjani on September 01, 2018, 05:37:52 PM

Actually, sooner or later it's relative. The benchmark is not about the time span, but the range of price changes. If the coin has the potential to rise, the development and teamwork are good, then I will hold it, otherwise, if the potential is low and prices tend to not develop then I usually sell it partially.

Precisely. There is no point to hold the tokens that we know that have no potential at all, holding it will just make us regret because we missed the opportunity to sell it when its price is still on its peak. The most common reason why people are selling their coins is because they needed the money or they just have the intuition to sell it, the outcome might either good or the other way around.

However, the other reason why other people are selling their coins even if the market is on the bearish trend is because they are the whales, they wanted to shake the market, for other people to panick and sell their coins so it will become their profits when they buy back.

minipun

newbie

Activity: 179

Merit: 0

usually I don't sell them without a good profit . I'd wait for a 2x gain at least . but If I got an money urgent I'll sell them even with a loss . however I don't mind to sell my coins in this bear market

juliepower

member

Activity: 200

Merit: 12

No i am not selling them..even i am in some loss but i am holding them...specially with ethereum i bought at 600 usd and it is right now even below 300 usd but i know and trust ethereum that it will be back again and will cross 600usd and even more some day

RomertL

sr. member

Activity: 470

Merit: 250

I am prefer do not selling my altcoins. I believe that some of them will rise in 10-20 times.

travelhelperio

jr. member

Activity: 56

Merit: 1

Helper

Don't lose hope buddy, Crypto market will be green soon with massive boom,Check the history of Crypto market from 2015 to 25017 and Keep patience, Crypto market will be green soon, because action always has a reaction like a roller coaster.

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Thaoni21

newbie

Activity: 143

Merit: 0

Sometimes keeping the altcoin to get a profit, we can be happy. But I need money for life so I sell the altcoin that I own

Tigerw

member

Activity: 448

Merit: 12

Quote from: ci1990 on September 03, 2018, 01:10:42 PM

I'm not selling anything at all. It would be dumb to sell at the dip. It's time to inject some fresh fiat in the market and buy the dip. Many coins are such a bargain right now. Crazy Wink

There are cases when in real life you have to pay bills, but for this you need real money. Only proceeding from this, one has to sell some coins, but basically under the present state of the market, there can be no question of any sale.

ci1990

member

Activity: 252

Merit: 11

🔰FERRUM NETWORK🔰

I'm not selling anything at all. It would be dumb to sell at the dip. It's time to inject some fresh fiat in the market and buy the dip. Many coins are such a bargain right now. Crazy Wink

pedropenduko001

newbie

Activity: 85

Merit: 0

Well no one knows when it will be too early or too late so just sell when you feel like and if there's a return in your investment don't be too greedy

retnoanjani

full member

Activity: 630

Merit: 100

Actually, sooner or later it's relative. The benchmark is not about the time span, but the range of price changes. If the coin has the potential to rise, the development and teamwork are good, then I will hold it, otherwise, if the potential is low and prices tend to not develop then I usually sell it partially.

Firbolko

newbie

Activity: 183

Merit: 0

personally, I got rid of my altcoins due to the fall of the market. and when he stops falling, I'll buy those altcoins again.

jaypete

sr. member

Activity: 686

Merit: 257

I do not sell altcoins immediately, it is not smart to sell quickly. Do not sell the altcoins immediately because the green market will be back. You will have to buy altcoins at a higher price. Do not panic.

coin111s

newbie

Activity: 39

Merit: 0

Because of its low market value, altcoins are not suitable for holding because the In such conditions maybe it's the only safe way.

Financemy7

member

Activity: 70

Merit: 10

Some people fear that their investments are falling, and they decide to sell them immediately, because they do not want to lose too much. They panic. Sad

GreenAnat

jr. member

Activity: 126

Merit: 1

W12 – Scam

I think buying altcoins all have two purposes: to hold for a long or short term. If I buy for a long time, it's from 8 months and more. If for a short period of time - as soon as the coin makes X's I sell it (but I only do it with uninteresting coins or if I need money urgently).

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