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Topic: Why are you selling your altcoins so soon? - page 17. (Read 70139 times)

sr. member
Activity: 630
Merit: 250
Glad to see you
Most people act on the herd instinct.  All sell and I will sell.  And they do not understand that the longer they keep promising altcoins, the more they earn.
full member
Activity: 532
Merit: 100
Everyone sells for a reason, most people sell and re-enter at a lower price. While most sell for personal reasons. So selling or holding is a personal thing. But in my own opinion, potential projects are worth holding.
full member
Activity: 616
Merit: 100
in my opinion. not all tokens are original paintings. we need to study them. We also need to know the market news immediately. the development of the project is dynamic. u need to judge the development trend of these coins
Yes, it is true that we need to digest our wallets well because indeed not all tokens can grow long and we must sell when prices cannot rise. There are many things we need to pay attention to because in general Crypto's market movements are very fast and the same as Altcoin in building their projects. Do your best not to let your defense go down to pay attention to the development of your Altcoin.
sr. member
Activity: 728
Merit: 251
I agree that selling your altcoins is not a good idea. It is best to just watch the market and wait for a good price increase. Now we are at the beginning of bullrun. The same thing happened in 2017. This is how the beginning of the hype around the entire cryptocurrency looked like. And after that we saw very high prices for everything)
jr. member
Activity: 378
Merit: 4
in my opinion. not all tokens are original paintings. we need to study them. We also need to know the market news immediately. the development of the project is dynamic. u need to judge the development trend of these coins
hero member
Activity: 1043
Merit: 500
At the moment you mentioned when Bitcoin fell too fast and the sale of Altcoins to compensate for losses was inevitable. But now I think people will not sell but will keep Altcoins or buy more for long-term goals.
jr. member
Activity: 397
Merit: 1
it did not happen to me, for me to sell quickly is like taking part in a loss. it is wrong or a bad decision if done, unless if pressed for economic needs or there is no development in the price of coins that we have indeed need to exchange with more suitable for investment. yes, it's no reason if the coin dies.
sr. member
Activity: 1344
Merit: 459
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I think, there are many reasons to sell altcoin so soon. from my experience, the reason for the need for money is the main reason for selling altcoin so soon.
sr. member
Activity: 1484
Merit: 276
They/we are selling altcoins so soon in rush because of panic,people are panicing when they are seeing their money is being eaten by the volatility and they are scared to lose all their money so they sell it even if its in very low price
member
Activity: 574
Merit: 11
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?

as long as it's profitable for them by selling altcoins and buying it into bitcoin in my opinion it's one of the strategies to make a profit. other than that maybe people don't believe in the altcoin they hold so they move to bitcoin or withdraw to FIAT. so anything can happen i think.
hero member
Activity: 817
Merit: 506
the fear of declining that is getting deeper is a reason that makes most people better to sell their assets faster because they have their own speculations about the coin or token in the future
hero member
Activity: 742
Merit: 503
Yeah that example with painting is pretty accurate! People are usually affected by such basic emotions as fear and anxiety.
And let's face it, our sources of information are great at creating confused atmosphere when reporting about crypto. Our ignorance is their target. It's really a challenge, making right choices amidst chaos of fake information.
jr. member
Activity: 315
Merit: 2
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Not everyone is selling now. The only reason you might need to sell low is if you have a serious need to cater for, else I see no reason why any pone should bother selling so soon.
On the other hand, some newly listed coins are presently trading a good prices, despite being listed newly, if you like you might sell and you possible might not be making any mistake for doing that.
member
Activity: 378
Merit: 10
Everyone in crypto has their own strategy. Some people prefer to hodl a large percentage of their portfolio in BTC which is like the base currency. Some people prefer to hodl more alts. It's simply a case of what works for you.

For me, I only hodl alts that have huge prospect and not some shitcoins without value. A large fraction of my portfolio is in Bitcoin and this is for me is how I preserve my funds. Again, I sell the tokens with low prospects and hodl the good ones
holding the good altcoins with huge prospects is key. why sell them cheap whiles you know the coin has it all to moon. who knew BNB will moon like it is now when the project started. But as said already, we all got our own strategy.
sr. member
Activity: 1582
Merit: 253
I will selling my asset after raised higher price and below of ICO price is not worry but have price, too risk if keep holding our coin because price is not good for the future with always in lower price.
Concerns about a deeper decline in the future indeed become a fear of many people and they are better off selling faster even though it is actually very detrimental to him because of course they have decreased estimates
full member
Activity: 840
Merit: 100
The cryptocurrency market is very unstable. I prefer to make a small profit in a short time than to keep the coin for several months. It seems to me that such a strategy is now the least risky.
sr. member
Activity: 1428
Merit: 251
Those who sell may be pursued because of financial needs or can also be afraid of greater losses. Actually if we want to be patient to wait and not get carried away by emotion or panic, I'm sure someday prices will rise again and crypto will be able to give us profits. My advice should never be that we sell coins that we have if we have not made a profit, because the price will always be moving and in time there will also be a price increase that will ultimately benefit us.


Many also sell because they fear, fear that the bearish trend will completely consume the value of their assets, many have already lost more than 90% of their investments, some people are trying to save at least something.


Every people have their own reason when selling their altcoin. Perhaps they just want convert to others altcoin or bitcoin, perhaps its because they predicting market still bearish and want to buy back at lower price. Mostly, i am selling my altcoin because want convert to bitcoin because bitcoin is safest investment for long term
jr. member
Activity: 667
Merit: 1
It is not a easy thing to hold your asset and see it drop in value without doing anything , that’s why people sell in order to avoid too much loses which is understandable. Some people sell because they are in profit already so they don’t need to wait for any price increment. In short , there are many different reasons why people sell which we must respect their opinion because they are responsible for their decisions. Hodl is not for everyone.
copper member
Activity: 434
Merit: 4
The truth is that there are too many coins and projects here, and it is not so easy to guess which of them is good and in the future will reward its investors. In addition, the market is young and therefore very changeable: today one project may seem very promising, and tomorrow there will be a solution that makes this project a nonsence. Unfortunately, most tokens should not be kept for a long time, and at the right time you need to sell it in order not to cry later.
legendary
Activity: 1372
Merit: 1008
In my opinion if you are in even is small profit you shall start trading and sell the coins but your one planing must be for long term too as if you have 02 BTC must hodl 01 BTC for long term and trade with one BTC.
I think that 0.2 bitcoin is a very small amount and you just have to choose a low-risk trading strategy and trade all the bitcoins which you have. only like this people get rich
backup plan is important for trading, if at a time the price changes doesn't match your plan, for example you sell faster but then the
price goes up and the backup plan like saving a few percent to be held will benefit you again dude.
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