Why are you selling your altcoins so soon? - page 50.

nobetci

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Quote from: GumboTrader on February 08, 2018, 12:04:29 PM

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 opinion, every human being is completely a different world, and all of them have different necessities. A trader can just want to quit crypto because he/she just want to have a life without crypto, or just because the current value is enough for him/her.

Please understand that, a person does not have to value cryptographic assets as much as you give them. You can never know exactly that what a person want.

margaret22

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Activity: 196

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When there is a bear market, altoins are affected much more, than Bitcoin, or Ethereum. People know that, and so they sell to avoid bigger losses.

thepanicpoint

full member

Activity: 406

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Because we were entering to very bad bear market, you now understood the answer I guess. From 6 months everything dropping and we dont know when this will be end.

tothanhtuan

full member

Activity: 448

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pchain problem is marketing team is hyping only in community (not outside)and any question they see as fud( and ban people)... they are not transparant private sales and better wait till september unlock 300.000.000 tokens... they just releasead 30% tokens private sale (70M) pre-ico/ico/private so private sale around 0.02)

verita1

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Activity: 1358

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I agree with your thinking that is why I select the projects that really meet all the criteria of acceptance (legality, transparency and functionality) and that they will become a good ICO that will prevail over time. There is time to BUY, SELL AND HOLD and we must choose the most appropriate time.

Sofiyah

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Activity: 560

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because I wait until the price is expensive, or maybe I have a target price to sell my altcoin. sometimes there are altcoins whose prices continue to fall, forced to hold long term. not all altcoin will be have expensive price, but I will sell my altcoin if the price reaches what I want.

CLywaTeLb

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I once wanted to sell a few tokens. As soon as these tokens started trading on the exchange, the price fell 5 times. This was repeated with other tokens. Have to wait for the pump Wink

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And the coins bought by me are still too early to sell.

viperzero

member

Activity: 301

Merit: 10

I sell altcoins as soon as I see that I can make a profit. If I see that the current token is more 20-30% of the purchase price then I sell such tokens and get a profit.

aini97

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Activity: 644

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it's possible that altcoin is so glamorous in the world of crypto, so with so many implementing steps to sell alcoin to buy bitcoin because in this case bitcoin is very advanced and very interesting to make a promising future trading.

dicaprio

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Activity: 560

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People are used to the fact that the project immediately leaves on the stock exchange immediately losing 70% of the cost. But after the market starts reacting to new projects and consequently after some pumping of projects, people can definitely make money on it.

yahata143

newbie

Activity: 42

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There are many reasons, but the main thing for me is that the altcoin has lost its value, or demand has fallen or it has reached the maximum price in the market. In cases where I don't need the money, I sell them to buy tokens to have additional investment.

capoklhok

newbie

Activity: 163

Merit: 0

if in my opinion for now it will never sell anything because the gift is so low, but I will sell altcoin and that too without making any money from our wishes, but it would not be a good thing to do because it would kill the investment idea we are for the future.

metallikingz

member

Activity: 139

Merit: 10

There are a lot of people that do not want to wait for a long time.. and that is the main reason of why they leave the market with a loss on their portfolios, and they just want to get out of here as soon as possible, that is one of the main reason

happypencil

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Activity: 361

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I think you are too scared and worried. If your coin has good quality coins, such as eth, Neo, ripples and so on. You don't need to worry because this coin is very good and has a terrible future.
But if the coins you hold are not so popular, you sell very quickly.

lilysbee

newbie

Activity: 157

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some coins do not have usage other than pumping and dumping it on the exchange, so for coins like that i sell before developers will dump their own on me. But for Altcoins with reasonable real life , i try to hold.

sazn866666

newbie

Activity: 37

Merit: 0

Most of the times we are selling our coins because we got tired of always waiting for the profit that has never came. Sometime, i sold it because i need money for my everyday living and to give some money to my parents.

Inikoo

member

Activity: 196

Merit: 10

Altcoin's prices are still too much dependent on Bitcoin. They almost always move to the same direction, but with more intense, and that is why, if the signs are bad, people get rid of the alts as fast as possible.

last7minutes

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Activity: 518

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Quote from: GumboTrader on February 08, 2018, 12:04:29 PM

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 better to sell some altcoins soon sometimes. But for me it seems as a quite ineffective way of doing. So on my mind nothing could be better than long-term holding.

kelincrad

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Activity: 98

Merit: 10

I agree with those who believe that selling altcoin too early is a mistake. We must keep at least part of them, some of them have a chance

Mianae

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Activity: 798

Merit: 14

They are many reasons, one I'm not intending to hold them for long and I wish to make as much profit as soon as possible so I buy, sell, buy again and sell again. The circle just continues.

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