Topic: Why are you selling your altcoins so soon? - page 55. (Read 11442 times)
They have that panic selling feeling because of what we saw about the standing of the market they think that the coin that they are holding would not recover anymore on the other side there are really coins that cannot recover.
I once sold altcoin so fast because I needed money and was in debt. I sometimes regret selling my altcoin so fast before the coin starts to rise. So this time when I get paid bounty of altcoin, I will be patient to hold and keep it.
I prefer hold the acquired altcoins for several months, then I analyze the situation and prospects of a particular project. If his business is going well, the project is used by people, then I keep hold. But otherwise - I'm starting to sell.
I am one of those people who sell my altcoin so soon. It is not because I am afraid of the dropping price or negative news about crypto but because I need a cash to use for my family's important needs.
I usually invest in the TOP 10 on a coinmarketcap, because I can not rely on new coins. But with the new coins, there is often a big change in the rate due to such unsure traders
Some altcoin have no chances to go up in price therefore it is better to sell them directly. If to think about the rest, then: some people sell directly altcoin because need money, some people don't want to spend time monitoring oscillations of a large number of coins and they buy bitcoin for example. And of course people not always understand as the market of cryptocurrencies works and they at once sell any coins after receiving.
I did make some cut loss on coins that I think aren't improving prices too soon. If your analysis says it will go deeper then I think a cut loss is not bad and then rebuy it cheaper and hold. Though I am simply holding most of my coins for now despite suffering some losses too.
I don't criticize anyone for selling their coins if only it is guided by a goal in the sense that you made a profit from your sale. The issue comes in when you buy at high price and due to panic, sell at low price. In situations like this, you enrich the investment portfolio of others who take advantage of the weak hands.
Everyone are panic selling now because we hear bad news about bitcoin every day that make a lot of people scare if they lost their asset so they decide to sell instantly.
the situation may differ from person to person, some people sell when they need money or when they invest in other projects. Or some are panic seller and are afraid to hold.
Because I need money, but I hold a lot of alts actually, depends on daytime and exchange ratings, and the current price of course.
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?
So tell me, why are you selling your altscoins so soon?
Many came doing bounty hunting because of the monetary involvement of the business, they need a job to feed their family and take care of themselves,so that why they are selling their coins so early, however investors need to keep their coins for a long term so as to make profit.
Sometimes patience can lead as to loss. All we need to do is to set our limit on not dreaming to much. Achieving half of our target profit is enough for a market like cryptocurrency.
Usually I sell Altcoin because of panic, even people always do this especially people who are trading with emotion. Or maybe it's because I see if the Altcoin that i'm holding is no development from the developer and there's no future because of that, sell it soon is the best way.
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?
So tell me, why are you selling your altscoins so soon?
We bounty hunters have different reasons why we sell our coins. And in my situation I sell my altcoins because of financial needs.
But I'm hoping that someday I can hold my coin and seel it to a better price and gain a lot of profit of my hardwork..
Many humans have the identical manner on how they did not change or promote their altcoins as count number that it's far too low the rate they're waitng for the charge got upward thrust. it is the time for holding and looking forward to suitable improvement because the buyers and bounty hunters do right now.
People usually sell altcoins that they dont like and invest through bitcoin in some other better altcoins like i did where i sold SNC,DNA and TMT for TE FOOD because i want to have masternode for TFD . Others were very slow moving on the market and i made decision
People sell their altcoin for one or the other, I have sold some of my altcoin because I saw an opportunity in another and I have to sell off and Invest into the new opportunity hoping it will favor me better, most times i sell off to invest in ICO
Perhaps everyone sells their Altcoins because the growth has risen? I do not sell yet, but I think that you need to buy more. I hope for a more favorable time for sale.
Mostly people's are selling their coin due to fear of coin rates are decreasing from few time. But some people are very hopefully and says hold coins because it's value up soon.
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