Why are you selling your altcoins so soon? - page 72.

trickyriky

sr. member

Activity: 882

Merit: 251

Quote from: kittybabe@06 on May 01, 2018, 09:40:03 PM

I think it depends on everyone's strategies when to sell or hold. Maybe they thought that it is more practical than holding their altcoins.

I sell my coins only when I REALLY DO NEED the money. I am sure that when you have some good cryptocurrency, it is much better to keep it for a long time. Holding strategy is working all the time.

NavySeals

sr. member

Activity: 371

Merit: 250

Quote from: decibel1337 on May 28, 2018, 02:27:13 PM

I had the mindset of holding any coin for as much as I can in order to make the most profit out of it, but recently I have come to understanding that investing and holding altcoins may result in me losing everything I have got so I decided to stop doing that and buy only Bitcoin.

Most of the community members don't know how to control their emotions and they get caught panic. Then they start immediate panic selling on the exchanges. Then others start to complain about this.

This is inevitable and this will always occur.

kemonojim

member

Activity: 218

Merit: 10

I sell when I'm ready to let go and ready to make a profit. But I know that not everyone is the same when selling, sometimes people can not wait for the market to recover or they are affected by negative issues, to do panic sales, afraid to see the fall of the price of cryptocurrency is very fast, especially with bitcoin and followed by ETH.

globalking

copper member

Activity: 644

Merit: 0

POINTPAY

no, I am not selling altcoins some people are selling it may be they are a bit afraid of the market dipping my suggestion would be for them hold it don't sell

decibel1337

sr. member

Activity: 504

Merit: 285

I had the mindset of holding any coin for as much as I can in order to make the most profit out of it, but recently I have come to understanding that investing and holding altcoins may result in me losing everything I have got so I decided to stop doing that and buy only Bitcoin.

fionaflora265

newbie

Activity: 25

Merit: 0

I am selling my altcoins if only i really need money. I have received altcoins from airdrop that i participated before but the development team doesn't give support anymore that causes the altcoin's value to go down so i decided to just sell it.

violetsky901

newbie

Activity: 93

Merit: 0

Great words. A lot of newbies with weak hands entered the world of crypto in December during hype and then gave away their earning to whales.

sunfiducdm383

newbie

Activity: 19

Merit: 0

The market was not reliable as it was before making weak hands sell in dip while prices continues to go down to minimize the damage, average will have no where else to go but sell

dinhbach064

newbie

Activity: 20

Merit: 0

I need the money that why I'm selling it. If I can store it and live it for sometime then it will be very good. But usually we have our needs to consider therefore we need cash.

Yokonaumiyaki000

member

Activity: 308

Merit: 11

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?

I wouldn't say they're not smart investors. There are coins who booms in the start and later on slows down and eventually lose popularity. They're called short term investors, and they do this probably they're comfortable doing this and they have their thing going. Some day traders can maximize their profits with this. Diversifying their investments and early selling afterwards.

franciscoDC

member

Activity: 357

Merit: 10

I thinks its only necessary,but almost the time i only hold it and wait until the price was recover and also get pump,like i did before i sell my token with the price of 200$ and i sell it because i have an emergency but now the price of it was up with 50% so i have a little regreting but for me its okay now.

k-west

member

Activity: 336

Merit: 10

I am selling coins immidiately when I see the first signs of scam.But most of my altcoins are very solid,so I am keeping them in my wallets and I am not gonna sell them in near future.

shinzuabe123

newbie

Activity: 14

Merit: 0

Most people are guided by the instincts when buying a coin. They buy a coin if its price rises, and they sell a coin if its price falls. In the first case, they are driven by greed, in the second - by fear. I think that this is wrong and more often it is necessary to do the opposite. We need to think a few steps forward.

yennhi57268

newbie

Activity: 18

Merit: 0

I would sell my altcoin just when there are reaching a new alltime high. And when you look back to the charts of the last weeks, you will de that propably no coin reached an all time high. So thats why i difnt sell any one of them.

wisdomcn

full member

Activity: 350

Merit: 100

Well if you compare the stability of altcoins price from February 2018 down wards and the from March 2018 upwards you will see the big difference. Now most people are selling their altcoin because of the instability of the price of altcoins for so months now. Recently is very easy for the price of altcoins to fall and difficult to rise. And the most investors in the cryptocurrency takes it as investment not as an asset.

efeyigit399

newbie

Activity: 252

Merit: 0

Graphs in cryptographic currencies may vary widely. Most people are guided by instincts when they get a coin, but I think this is a wrong approach. If you do not do research and analysis, you make mistakes. there has to act in an emotional way because of selling

zekarsalih

member

Activity: 167

Merit: 10

Most people are guided by the instincts when buying a coin. They buy a coin if its price rises, and they sell a coin if its price falls. In the first case, they are driven by greed, in the second - by fear. I think that this is wrong and more often it is necessary to do the opposite. We need to think a few steps forward.

douglasdylan624

newbie

Activity: 33

Merit: 0

It is regular trust issue. People go invest into altcoins to make bigger profits because of volatility. And they can't swallow it after dumps and leave them all along. I defend patience in this situation.

rossrusian9x

newbie

Activity: 10

Merit: 0

I am not selling my altcoins yet but for people who are selling their altcoins, I think I can take two guesses
They have hit the target prices set for their coins so they are taking out their profits and waiting to buy back in at low prices

artemdubina88

newbie

Activity: 322

Merit: 0

When I see that the token does not have a future, I'm selling it! But I have a top token I've been holding them for a long time!

Topic: Why are you selling your altcoins so soon? - page 72. (Read 11442 times)