Why are you selling your altcoins so soon? - page 84.

happyme1818

sr. member

Activity: 568

Merit: 254

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 sell altcoin to gain more profit. We all know bitcoin is the mother of all cryptocurrency and the basis of what you earned aside from fiat currency. Diversification is a must if you want to gain more. Buy on the dump and sell on the pump and buy back again once the market maked a correction.

aldrin6697

member

Activity: 322

Merit: 11

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

MEMEX

sr. member

Activity: 546

Merit: 250

Some investors are traders, when they see opportunities in bitcoin, and have no reserve money to buy bitcoins, the only way is to sell the assets they own. Maybe this is called market trends. I think this is a normal silkus in the trade of cryptocurrency

Fonneda

member

Activity: 161

Merit: 10

If you're expecting only a minor dip it might not be worth your time to go in and set up trades, but when the market is in a steady downturn like it is now it's just silly to hold bags.

dalesotpi

newbie

Activity: 126

Merit: 0

Quote from: Cemplakaleght on April 20, 2018, 04:08:59 AM

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 experience I get or hunt altcoin from ICO program. exactly the starting price I think can be high, so once the ICO program is done and from the dev party start registering in the exchanger.
and in the listing price can rise doubled, itupunput not up to one day, the price can drop dramatically

Yep that most is the main reason, due to dramatic decrease in prices as soon as the new coin enters the market due to a number of reasons largely competition. Coin holders then lose trust so early in the game and end up selling in panic where on the contrary they should have been holding their assets.
As many have been saying, the coin is still in transient period. Selling too early in the game is last I would do with my coins.

Pulafripta

newbie

Activity: 132

Merit: 0

most of the traders are very down with their portofolio and felt bad they invested the bitcoin in altcoins so in this green period its like a fresh breath for them, they see hope and are trying to recover as much as possible as quick as possible. they are afraid will go down again. or others like me sell them to buy more in a few days or week .

Cemplakaleght

full member

Activity: 350

Merit: 100

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 experience I get or hunt altcoin from ICO program. exactly the starting price I think can be high, so once the ICO program is done and from the dev party start registering in the exchanger.
and in the listing price can rise doubled, itupunput not up to one day, the price can drop dramatically

Amel

legendary

Activity: 1638

Merit: 1033

Quote from: Olatunjex on April 18, 2018, 08:53:41 AM

I dispose tokens without potential, i usually don't dump my altcoins except coins that i know it will become useless if i don't dump them while i still. Nevertheless i keep altcoins with good prospect to increase in future.

if you want to safe and still profitable, in my opinion is selling tokens that already have prices above the ICO when the market. i
f you want to hold the token, hold the token that you think is have unique from his project

SavageBrother

jr. member

Activity: 129

Merit: 8

dApps Development Automation Platform

This is what me and a friend where talking about. We tend to sell to soon and focus on a cent or sub dollar activity. Whilst waiting for a year (with the right projects) might give you a multi-dollar profit. But yeah, find those projects lol.

sakokinak

full member

Activity: 518

Merit: 101

Quote from: toast on March 22, 2018, 03:41:51 PM

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 still hold it and hold it if people sell it probably for fear of the loss they will get in the future because we also know the price of the current coin drops dramatically and maybe for that reason people sell it

I support this idea - there is no reason to sell your coins when the market is going down. Everybody is aware of the volatility of cryptocurrency, but still, too many people start to panic. Just hold the coins everytime!

Olatunjex

full member

Activity: 1064

Merit: 102

I dispose tokens without potential, i usually don't dump my altcoins except coins that i know it will become useless if i don't dump them while i still. Nevertheless i keep altcoins with good prospect to increase in future.

tansoft64

sr. member

Activity: 532

Merit: 253

For me I will sell my holdings so soon first because I need money, second I already have gain big profit on it so that i'm avoiding too much greedy on money or avoiding lose, 3rd is not a worthy token to hold.

miltonpogi

member

Activity: 245

Merit: 11

Staker.network - POS Smart Contract ETH Token

Well, basically the reason why holders sell their altcoin soon because they know that bitcoin is in crisis right now or it got drop so hard, if they sell their altcoins now, they may probably got loss theur investment thats why they are holding their altcoins untill its price increase.

guschinaa

newbie

Activity: 22

Merit: 0

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?

People are selling in loss because:

1) They fear that the value may drop further and thus they will have to bear more loss.

2) New investors invest money hoping that there will be no loss. When they see prices dropping they start panicking.

chaa123

newbie

Activity: 126

Merit: 0

Well, investors have different reasons why they sell so soon. But for those reasons, the main point is that they are earning effectively, regardless of the method....

buhna

member

Activity: 238

Merit: 10

I sell tokens soon because you never know will you have a profit or not. But the best way is to sell 50% after listing on exchange, 25% - after X2 and 25% - hold.

Conte_Forni

member

Activity: 406

Merit: 10

https://www.bitc2.org/

I also think that it's too early to sell, I have not sold anything in the meantime))) I just collect and collect, I think I still sell very much while I need to collect

rukawa101

newbie

Activity: 93

Merit: 0

I'm making some cash on the side with AltCoin mining, it's not really big enough for me to make a living but it's enough to help me with some expenditure so I need to sell them after mining may haps waiting a few hours/days before their value goes up in able to keep up with the cost of maintaining my mining rig.

sherenikaw

member

Activity: 630

Merit: 10

rocket.hashbon.com

many people have different reasons why they sell their altcoin so quickly.
Because I agree that they are afraid of continual price reductions and some other reasons for me that they really have to sell them and turn them into cash to spend on their daily expenses.

Virman01

sr. member

Activity: 402

Merit: 250

for me personally is, I sell altcoin for fear of a dump. because it often happens, and I pernag experience it.

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