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Topic: Why are you selling your altcoins so soon? - page 37. (Read 70104 times)

member
Activity: 574
Merit: 10
In my opinion they benefit from getting a lower price than the current price, so they will also sell it now, so they also benefit
jr. member
Activity: 252
Merit: 1
Some people selling their altcoins so soon because they get worry that it will dump soon and it will lose value as time passes by. But some also choose to hold their altcoins hoping the price will pump more. As for me it really depends on the project whether to hold it or sell it right away. There are altcoins that are for long term.
legendary
Activity: 1610
Merit: 1008
I sell some coins in which I don’t see prospects anymore, their teams could not achieve the desired result, I don’t want to keep them and hope for a miracle, therefore I sell them.
full member
Activity: 490
Merit: 100
MenaPay - Crypto made easier than cash
Some altcoins just do not make sense to hold too long, or you can immediately make a profit and not risk, or you can immediately see that it will only be worse with the price and easier to sell
copper member
Activity: 448
Merit: 14
It is necessary to consider each altcoin separately. Some coins must be sold immediately, as their price will rapidly fall to zero.
full member
Activity: 248
Merit: 100
many reasons. I sell my tokens, because for trading capital. holding a token for too long doesn't make us rich. hold tokens, don't make our assets increase. and also, not necessarily we hold a good token. if we hold the token wrong, then we will lose. get nothing.
member
Activity: 530
Merit: 10
Revolutionizing Crypto Payment Solutions
let go because fear, it's better to get rid of the panic that makes you worry, because it can hurt you. selling all Altcoin is not a good choice, because some of your Altcoin will definitely increase so they can be profitable. try to be more patient and don't rush in making decisions, because it harms you. holding and holding are good ways on the market in the current situation.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
Because I think that this strategy is the best now at the moment. Most of the coins just fall in price and need a lot of time so that not many of them eventually start to grow, so selling is a good strategy.
full member
Activity: 980
Merit: 109
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 I will tell you that most altcoins (more than 90%) will never gain value. The reason is simple - projects cease to exist, and their coins become useless, unnecessary. Therefore, a smart investor sells something in which he sees no potential, and holds something that may have value in the future.
hero member
Activity: 2604
Merit: 816
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I think there is 2 reason why we were selling altcoin so soon. One is because we don't want to wait for another time to see the price increase back. And two, we need money to buy something for our daily needs. That is what happens with some of my friends; they are cut loss their altcoin to get the money back even if they are losing too much in altcoin. But they don't withdraw all the money, and they still left some amount in their account just in case the price can get lower than now.
full member
Activity: 700
Merit: 100
Sovryn - 300-500% APY on USDT Deposit
most people who sell their coins are so fast because they might be afraid that if they don't sell immediately, losses will increase, in a declining market situation, many people panic and sell their coins immediately, but I personally hold coins that I have and have no intention of sell now

there are also other reasons why people sell their coins so quickly because of an urgent need that they are forced to sell
jr. member
Activity: 266
Merit: 1
Many of us are selling altcoins just because we are desperate and think that we should save at least what we have at the moment
Most people, if they sell, I believe because they invested a lot of their capital and did not comply with the risk management and in such a market it is mandatory!
member
Activity: 392
Merit: 10
Sometimes I regret that I sold my coins very early. But there are times when it is better to sell sooner than to get big losses.
jr. member
Activity: 238
Merit: 3
Not everyone is selling, i'm personally not selling my coins in this cheap market that the prices are very low, I'll wait until the prices are high again before selling.
jr. member
Activity: 266
Merit: 2
People sell their altcoins off for a different number of reasons. Some could sell because they want to put some money in their pockets. However, with the recent turn of events, resulting in the massive dumping of cryptocurrency prices, there is serious panic in the market and people are trying hard to cut their losses by selling their assets. This is the major reason why people are selling off their holdings.
copper member
Activity: 657
Merit: 1
In this space,  I think everyone is entitled to their own opinion. Selling off or holding is up to you, as for me I'm holding some coins with potential, then trading too. It pains to see people selling at insane low prices rather than being patient, we all need patience in this space. I'm not saying if you are holding coins of a project which doesn't give any update to the community, that you shouldn't dump, this case is different.
hero member
Activity: 826
Merit: 500
Many of us are selling altcoins just because we are desperate and think that we should save at least what we have at the moment
member
Activity: 322
Merit: 10
Tokenize Everything - https://www.udap.io/
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 don't think we can compare pieces of art with blockchain. The former have the unicity, the latter become outdated. You may store these coins for 10-20 years, but you have little chance of becoming rich.
full member
Activity: 1274
Merit: 105
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?
In simple words...
Altcoins can strongly fall in price and even die... So it's a risky to hold them...
That's why Some people trying to avoid these risks and  sell their Altcoins...
full member
Activity: 1330
Merit: 121
I don't sell my altcoins until a price bound. BTC will lead the way for altcoins too. BTC

Today it is very difficult to predict something and after the correction of the cryptocurrency market one can expect a drop in many projects that until now have been more or less promising.
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