Topic: Why are you selling your altcoins so soon? - page 96. (Read 11444 times)

I think many people were afraid of the Chinese New Year, which ended up being somewhat uneventful.

But I think more or less the coins have started to stabilize around now. Maybe even more in March.

As there are some great investment chance now but lack of funds. That's the only reason I sell the airdrop free tokens so immediately.

good idea, by waiting to get good price result, i think with a little save and track the price we can do to enjoy it. must try..

Some people sell their coins so soon because they want to have money to pay bills or something like that, some sell them because they want to invest to other altcoins or bitcoins and lastly, some people sell them because they are just going with the flow and they don't have much idea on how they should handle it in the first place.

for my own I sell my Altcoin quickly because it has got more profit at this time.

Agree, I think every trader has his own strategy why they sell their altcoin. I myself always sell my altcoin when pump prices. of course it's the right time to sell. I don't really like holding altcoins for too long because I think it's more risky. sometimes I also cut lose when the altcoin has no more chance to ride. yeah it depends on the conditions and strategy

You're right, different reasons which we need to sell it especially on emergency purposes that we really need money. Altcoins are very good investment but it will depend the platforms of their ICO if we really need it to hold and if we are contented on its value we sell it as we have a great amount of profit.

I never sell my altcoin so soon, because I always hold my altcoin.

In some cases, those who buys during pump( at it's peak value)  sees they've lost 30 to 40% from the purchase price. Get impatience within couple of weeks, find another coin they think is raising and can recover the money lost by investing in it. So, they sell and move on to next one. Not everyone will succeed, many end up holding bags there too.  

If we are afraid about altcoin scam then dont buy it. Just buy the altcoin that we think is legit and hold it even the price crash.
Fud news is related with market manipulation by whales so smart investor will not care about it.

because I fear the altcoin price that I have will go down again.

I think the answers are obvious, people sell altcoins because their value is inherently tied to the rise and fall of bitcoin. I think one way to hedge your risk frankly, is to be willing to part ways with a certain portion of money and be willing to buy coins early on when cheap or with ICO's that have a real product or support. Buying low at high volume is likely to lead to success, depending on how you define short and long term, given the market is so young still. One ICO I came upon recently is a decentralized video platform called Viewly that is actively courting real youtubers with real audiences to come to their platform which will be an ad free video platform all on the blockchain.

YouTube is huge, and clearly it's a time tested market ripe for a little disruption. If you can find ICO's like this or even coins that are still cheap but post ICO, buy a fair amount on low cost and hold, it's how many are seeing real gains. Look at their road maps and plan accordingly. I took a look at what Viewly was planning: https://medium.com/view-ly/viewly-roadmap-released-b1a6efefeb1d and found that they had a solid game plan, and I could adjust when I would keep and sell my coins accordingly, or at least have an idea. I suggest doing that with all of these ICO's and altcoins. Go with coins that are promising a real service or product. See if they are solving a problem. The market is young and will continue to go up overall with all these dips, and if you make gains, take your initial investment out, and play with whats left over.

Many sell altcoins and buy bitcoins due to news that the price of bitcoin will rise again so most of the altcoins prices are now somewhat lowered. Another reason a lot of bounty hunters want a sure profit so after getting token from bounty program they sell it.


#Datarius

because not all of the participants in a project is rich in coins, some of here are just bounty hunters who in needs with financial. We all know that financial problem is the number one problem that is facing of every family. This kind of people don't do research or don't know what really crypto is so maybe they should know it first so they can know if the price value will grow up.

Most of the time I agree with you that you should never sell for a loss but sometimes selling might be a good choice if you find a great opportunity with another coin that might make you way more profit than if you had kept the other coin.

Some people sell their coins because they earn from bounties. Some people make panic sell. Some people are very impatient. There are various type of people here. You can't blame anybody for selling their coin. It's their choice. Personally I try to hold if I'm in loss, I never sell for loss.

Yeah definitely a lot weak hands right now they just do crypto because they heard it was easy money and they did not done their own search. That's why they all do buy high and sell low easy profit for all whales out there because when those newbie see the market was going down they already been panicked sell.

That's the particular reasons of many people, but for me since I just wanted to become rich I just holding and holding all coins I have. I know it is not a practical way but who knows if 1day all coins pumped up I'm sure I'm going to become rich. I already put my coins into a trading sites and it was ready to sell if my target amount touches by the crypto currencies I have.

I sold it because i need money for my everyday living and to give some money to my parents. I will not sell it unless i dont need money. The next tokens that i will recieve, i will hold it for sure.

I don't want to sell them soon but i want to hodl it longer and sell it after the bull run.Maybe other are afraid that bitcoin continues to fall down and alts are falling down deep also. Try to read and do some research it helps tho.