Why are you selling your altcoins so soon? - page 32.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: sjbi on January 31, 2019, 02:36:40 AM

The answer simply is to minimise loss.

Agree, or maybe Panic. These are the only two reasons that came into my mind.

Quote from: sjbi on January 31, 2019, 02:36:40 AM

People are in haste to sell off their holdings just to cut their loss influenced by bad news surrounding cryptocurrency.

Bad news is always bad news, but it depends on how we interpret it, sometimes this news could be fake news or we are only exaggerating it
and that will cause us to react in a bad way, like panic.

Quote from: sjbi on January 31, 2019, 02:36:40 AM

But I think it is stupidity to panic-sell just seeing the market melting down. In some cases, the market is made to go down strategically by some for their personal gains. So wait, the market will go up the way it goes down.

The market will go down,, it's happening, but I believe it's only for awhile.

The whales is here to save us, since we do not have the government to do that for us, whales will do their power to bring the market up
because afterwards they will just dump it anyway. They have so many weapon to manipulate the price and it's always in their favor.

sjbi

member

Activity: 770

Merit: 14

www.thegeomadao.com

The answer simply is to minimise loss. People are in haste to sell off their holdings just to cut their loss influenced by bad news surrounding cryptocurrency. But I think it is stupidity to panic-sell just seeing the market melting down. In some cases, the market is made to go down strategically by some for their personal gains. So wait, the market will go up the way it goes down.

Balzhi

full member

Activity: 518

Merit: 161

Quote from: whatthesith on January 30, 2019, 11:53:55 AM

That is the strategy, to cover the losses. If you now sell altcoin in fiat you are in a big loss, but if you sell your altcoin for Bitcoin, you probably still can be in a big profit if Bitcoin goes up

.

it is not necessary that you will be in big profit with bitcoin, because price of alts falling in btc and eth to. there is no profit in selling now.

Sarastiche

member

Activity: 532

Merit: 10

BITCOIN IS THE CURRENCY OF THE GLOBE

I sell off my Altcoin and convert same to BTC or ETH to avoid dumping, but my strategy is to sell 50% and hold the rest, with this I can be sure to take profit and my capital used in investing, also I sell Altcoin when ICO developers are not consistent with there vision.

rricksu

jr. member

Activity: 182

Merit: 2

Quote from: juragankambing on October 23, 2018, 06:41:04 AM

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?

Because I think I am now losing hope on gaining profit on it? But don't be scared, I sell my altcoins in USDT so that I can keep track of the market and still gain income when momentum comes.

PanGiMoon

full member

Activity: 420

Merit: 100

Quote from: juragankambing on October 23, 2018, 06:41:04 AM

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?

And it makes sense to keep constantly getting losses, because you can use them for sale and further cheap investment, and then again and again. After all, this is how we can sense new undervalued coins and cover expenses a little.

Alucard2425

copper member

Activity: 294

Merit: 1

I think some are Natural Dumpers they dont care about the coming huge gains of their altcoins they just want some quick buck Wink

Atheneum Blockchain

copper member

Activity: 86

Merit: 0

Quote from: bittick on January 30, 2019, 04:03:00 AM

Quote from: shooleh on January 29, 2019, 11:46:58 PM

Selling coins quickly, I don't think that's wrong. Selling coins because they want to buy coins that have greater potential to grow. And sell coins because they have urgent needs so they have to sell coins. And this, in my opinion, makes a lot of sense in the market.

And usually they are sellinig their coins caused by there were urgent needs. But some people were living with a lot of money will never think about that because they have unlimited money.
Just try to think some people use crypto as their main job

Seems risky.

Thomas-s

hero member

Activity: 1274

Merit: 500

Proof-of-Stake Blockchain Network

Quote from: Tukang Becak on January 30, 2019, 10:41:38 PM

The main reason is bad news, as we know that when bad news comes, make tokens holders fear and choose to sell soon, especially the red market conditions, so most altcoins prices drop.

I think that the reason is not the news itself, but the fact that people are afraid that other people will sell before them.

Atheneum Blockchain

copper member

Activity: 86

Merit: 0

Quote from: Aragorn_125 on January 30, 2019, 01:05:31 AM

Quote from: agusiska on January 30, 2019, 12:24:36 AM

i think the answer is simple buddy, because we need money, and got tired of investing on fake or scam ico, whos robed our money.

Why sell at the bottom and get scanty money, if you can just forget about the coins for a while and maybe the wait will pay off completely

Yes, but it is possible that some coins may never bounce back or at least bounce back at a rate consistent with the rest of the market. So this makes sense for people that feel convinced of the failure or impending failure of their coin.

javerzky

jr. member

Activity: 159

Merit: 1

Quote from: juragankambing on October 23, 2018, 06:41:04 AM

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?

i guess it depends to the people since selling coins in in early stage can earn easy cash too. most of them is a bounty hunters and if you are investor you will know the difference of holding coins for good profit in the future or be a trader and to get more coins and profit through trading

Tukang Becak

hero member

Activity: 896

Merit: 500

The main reason is bad news, as we know that when bad news comes, make tokens holders fear and choose to sell soon, especially the red market conditions, so most altcoins prices drop.

Atang Sulaeman

full member

Activity: 910

Merit: 101

in my opinion because everyone who sells altcoin is so fast because usually the altcoin price will be very high when it enters the market, and it will drop dramatically for a long time, therefore the bounty hunters sell it immediately, and also see the current market down, people will definitely sell it to get the results of their work.

celot

sr. member

Activity: 1492

Merit: 269

Afraid if keep holding for long time will make my altcoin or my asset will be dump, may cases about how much dump price some altcoin after listing at exchange market and make many people lost opportunity to sell at higher price.

Adhichan

full member

Activity: 588

Merit: 100

Quote from: nebuch on January 30, 2019, 09:49:52 PM

Basically, I sold my altcoins due to important reason in order to meet my needs. Sometimes we experience hardship in our lives that trigger our holding system. We choose to sell the tokens because we think it is the most important thing to do in order to survive the family needs or in emergency case.

that's was the risk if we have no regular job.sometime potential coins sell cheaply meanwhile in future its price will be more expensive.its different if we have source income , if we have daily spending we will take it from our salary.

nebuch

member

Activity: 588

Merit: 11

Basically, I sold my altcoins due to important reason in order to meet my needs. Sometimes we experience hardship in our lives that trigger our holding system. We choose to sell the tokens because we think it is the most important thing to do in order to survive the family needs or in emergency case.

senyorito123

hero member

Activity: 1764

Merit: 505

#SWGT PRE-SALE IS LIVE

Quote from: dimastegar on January 30, 2019, 06:51:22 PM

Everyone has their own reasons. I always sell my coins to avoid dumping after the ICO. Another reason, because I had a big profit from holding coins in the long run.

We should wait for the best timing when market be back to the green trend. However, it doesn't mean we're selling it all as long as it doesn't meet the optimal price which potentially provide us sustainable profit. The ultimate groundbreaking market rise is our key to revenue, after all sorts of holding for longer span of time.

11:11pas

jr. member

Activity: 350

Merit: 1

Fun of WINBIX sales system winbix.io

Worried about the current market situation, so there are some people hurrying to sell their altcoins even though the results are not as expected, crypto conditions are not stable and many people are anxious about this, and some of them sell their coins even though not all

Atheneum Blockchain

copper member

Activity: 86

Merit: 0

I understand why people would sell their altcoins. Changes in fundamentals might change their opinion, etc. For example, every time I read an article on the potential of the lightning network, I get very bullish on BTC.

bananaunana

member

Activity: 329

Merit: 23

Good input here OP. I agree to HODL most promising Altcoins and wait for a better price in the future. Every project needs time to get things sorted and new business plans are never easy to execute because of many risks while doing your project. Market conditions will also affect every project.

If you really like the project, just HODL your altcoins and maybe you will be lucky.

Topic: Why are you selling your altcoins so soon? - page 32. (Read 70139 times)