Topic: Why are you selling your altcoins so soon? - page 73. (Read 11442 times)
I don't trade altcoins because to my mind this is not the best way to earn money. Bitcoin can offer you much more if to compare it with altcoins and today more and more people start understanding this
It's really up to the holder if he wants to sell his altcoins or not. I think the ones selling their altcoins right away are the people who badly need the money. Some are afraid of the online hackers who may steal their money. People who hold are those very high risk takers who want the best result for their investment.
Most of them expect huge revenues when they invest in crypto,
Of course there are coins that must be sold very quickly shortly after their appearance on the market. The coins are very risky to buy, but it is true that in some cases you can generate many fold in one day with them.
Of course there are coins that must be sold very quickly shortly after their appearance on the market. The coins are very risky to buy, but it is true that in some cases you can generate many fold in one day with them.
i personally try to combine the two things hold for long term and trading unfortunately i can not keep all the altcoin some i need for trading, however i never sell them at a loss
Better doing that, keep yourself in green and never to sell with loses, even small fractions of gains or break even is much better than losing money from this business, its really hard to predict our next move though there's some guides that we can follow when dealing with altcoins, check the progress and the usage of the coin before deciding to sell it out or hold it for much longer time. 
I think selling quickly may have a need factor that must be met. However, it can be caused because they panic sell fear of loss with a decreasing price. But for me only for the needs that will make me so quickly sell the alcoins that I have today.
Because we want to take our money that we have earned, so we sell our tokens.
I once sold altcoin so fast because I needed money and was in debt and I sometimes regret selling my altcoin so fast before the coin starts to rise, so next time when I get paid bounty of altcoin, I will be patient to hold and keep it.
I don't sell coin so soon. Whenever there is need of money, I sell only those coins through which give some margin. its price increases when we hold them. If rate increases then you should sell. It depends on your need.
Selling and buying of coins if a routine in the market holding of big coins like BTC is important, while selling or trading of other coins is a business, some of the coins have short life so it is good to sell them before they admit in ICU, selling of altcoins means buying of other coins and be in the race.
Good time of day.I wouldn't say that quickly.But most of them get in the bounty.And enjoys the proverb - a bird in the hand than a crane in the sky.Always if you need money, it is necessary to sell and buy what you need.If there is a pump ,dump on it.And wait for the best price you can vslu your life!
People are selling their coins because the price got down but i think we should have patience to wait for the time when the price will rise and we can have profile out of it. So, currently I am holding my coins to wait till the price grow.
I need them to provide my daily life because I am not doing anything beside in crypto. So its all about tummy, but I kept several coins in a small amount as an investment.
i personally try to combine the two things hold for long term and trading unfortunately i can not keep all the altcoin some i need for trading, however i never sell them at a loss
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.So tell me, why are you selling your altscoins so soon?
Some altcoins also died or become a shit coin that you feel useless. It is good to hear that you have a money than you hold for the trash.
I am also one of the person who sell alt coin for bitcoins because i believe in bitcoin than alt coins.
Just like what others said, theirs a time that we need money for important reasons... Also one factor is miscalculation of the altcoins that we were holding...
Selling or not is depends on what we predicted to the next time the price is going down or no. But, for me I don't hold my altcoins in long time and I will sell it when the price reach what price I want to sell.
I had some money in Etherium and Bitcoin . when the price increased by 30%, I immediately sold them . Because I didn't want to risk it ...price can go down
Personally, I hold my altcoins for a couple of month while I see how the project is progressing. If it is progressing well and people are using it and so the value of the altcoins increases, I will continue holding them. If however I see that the project is not progressing and even after 6 months the price is dropping, I will sell.
I think people who sell their altcoins soon are either worried about the altcoin dropping or need the money at that point.
I think people who sell their altcoins soon are either worried about the altcoin dropping or need the money at that point.
I never understood those who quickly sell their altcoins . I do not understand why do it , you can just wait 1-2 years and the price will be even higher than now
Each person has a different situation, the demand for cash will be different. Your life is sufficient, not necessary to these funds, so you peace of mind hold them for a long time without fear. But some people are needy, they need money to spend in life so they decided to sell them sooner.
For me, if I have already made a profit, I will sell the cryptocurrency in my hands. If I hold a cryptocurrency that is in a loss state, I will hold them for a long time instead of selling them immediately.
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