Why do you sell your coins? - page 17.

Burogh

member

Activity: 644

Merit: 10

COVIR.IO

Quote from: osasshem on July 27, 2018, 05:41:47 PM

Do you sell because of the rise/deep in the market, or do you sell because you actually needed the money and not because of the deep/rise of the price, or you're the type that just jumps in pick some profits and jump out?
I am a long term holder of altcoins. I sell my tokens (both alts and bitcoin) when I am broke, and when I need some money. I don't sell because there is a deep in the market, I sell because I need to. So, what about you?

Mostly I am selling my coin/token because i need money. I am just selling my token with amount that i need. Sometimes I am selling my altcoin because i want to convert to prospect altcoin.

prosokeslo

newbie

Activity: 89

Merit: 0

All the times I have had to sell my coin, I sold because I really needed the money and didn't have any other option. Nothing else.

vmklq

newbie

Activity: 126

Merit: 0

I sold my cryptocurrency in this market because I was panicked because the cryptocurrency continued to fall in this year's market, which made me lose more. I can wait for the price to be lower when I buy back.

autotoss

member

Activity: 167

Merit: 10

Quote from: sammy21 on July 31, 2018, 06:23:59 AM

I work as a trader crypto per day. I sell and buy crypto per day. Yes the simplest reason why I sold the assets of coins that I have is the advantage that I have got, if I lose I will not sell my coins.

Maybe you are earning very good. But I think you spend very much time doing it. So I prefer only investing. The reason is simple I spent less time doing it and I can how money from me too.

bitcon

legendary

Activity: 2212

Merit: 1008

Quote from: osasshem on July 27, 2018, 05:41:47 PM

Do you sell because of the rise/deep in the market, or do you sell because you actually needed the money and not because of the deep/rise of the price, or you're the type that just jumps in pick some profits and jump out?
I am a long term holder of altcoins. I sell my tokens (both alts and bitcoin) when I am broke, and when I need some money. I don't sell because there is a deep in the market, I sell because I need to. So, what about you?

Telling the truth I don't know any significant reasons to sell crypto coins. No sense in it. Within the time we will see like cryptocurrencies will start to rise and it would be steady growth with good results.

serguvan

member

Activity: 532

Merit: 14

I sell my coins to make profit or stop loss Cheesy

And I sell my coins to convert them into real life money to be able to actually spend them.

Anewor

newbie

Activity: 98

Merit: 0

I do keep my coins like savings. I don't just sell it because it would be just a loss if you are selling it during times when the market falls bellow. Sell it only when you think you have already gain. In this manner ypu can also atleast help the cryptocurrency market to stabilize a bit. If many will be selling I think it wouldn't have a good impact on the price of the corresponding coin. It will only cause so much dumping.

iTradeChips

hero member

Activity: 1792

Merit: 536

Leading Crypto Sports Betting & Casino Platform

I sell my coins if there is dire need of cash. If I have money I can spare then I am not really into selling my assets, I want to see my assets go to the moon so I do have other means of getting profit like day trading coins that I am ok with in selling for a daily profit.

grifinmch

sr. member

Activity: 756

Merit: 250

of course, selling because want to get lucky. but many also fear and then sell when the price at the moment of loss, in order for the coins down. This is very often the case even almost often made many traders. If it continues to apply it as such then results, fortunately, will not be felt.

chrismartin

member

Activity: 340

Merit: 13

It depends on the situation mate. For example, i have those coin i hold and it started to dump which i think it doesn't have the capabity to be back in its higher price. I go on it, gonna sell those coin. Another is, if i want another coin to be hold which i think has a good future and the last situation is, if we badly needed a money to buy some of our physical needs.

canaveralnonie

full member

Activity: 518

Merit: 111

Dota2

I sell my coins/tokens because of different aspect. As a bounty hunter, I usually did that because I only want the real or tangible money in my local. That's why, I don't usually hold or hodl those token that I earn. But if I see the potential of the project that I used to be, it's a different kind of scenario and exemption is good sometimes.

audyearls

jr. member

Activity: 215

Merit: 1

based on the current market conditions, the most appropriate thing to do at this time is to hold altcoins and bitcoins in possession, because if you sell them now it is not the profits that you get but the huge losses that you get, maybe by holding the coins in the longer term will reduce the likelihood of getting the loss.q

globpanels

newbie

Activity: 69

Merit: 0

the biggest thing to sell is because I was pressured by the interests of real-world payments, but my big hope was to be free from the credit system so that I could fully focus on crypto.

another factor is due to market trends, I have to do cutloss before I really suffer losses. Concentration must be done very quickly on coins that have the potential to rise.

satria2

member

Activity: 297

Merit: 10

There are many reasons that happen if someone wants to sell their coins, including daily needs that must be fulfilled.

Moiyah

member

Activity: 630

Merit: 20

There are a lot of reasons why do we need to sell our coins. If not for the money that is necessary for living, then maybe the coins we are holding are somewhat already shitcoins and should be released to sell for cut losses. But for some, selling coins to buy other coins is called trading. This may somehow benefit the traders, buying low coins and selling their coins in a high value.

mh6e

newbie

Activity: 140

Merit: 0

Quote from: Silverstar on July 27, 2018, 05:51:41 PM

why do I sell my coins? because this is a business ... and business should bring profit .. if the price of a coin is higher than the price of ICO, why not sell it?

Our main objectives is to earn. Of course, there's a lot of reason why we sell our coin. Maybe there's really need for immediate cash. Some selling coins afraid of market situation. But for me I set a target if reach such point I will sell my coin because that's enough for me. What's important is we earn it in a decent way.

strwy09

newbie

Activity: 138

Merit: 0

I think your analysis is right. You said the reason why people with different needs sell their coins. For me, I will sell my coins because I am really short of money. I really need to sell me. Coins to maintain my basic living expenses, if it is not because I need money recently, I think I will not sell my coins.

putriangel

member

Activity: 111

Merit: 10

In my opinion, holding a coin that we get from the bounty is a good thing if we already have a handle on money. Because it depends on the person who holds the altcoin if they really need money why they do not melt it? If you really want to hold it down, the altcoin price is high, maybe it will take a long time because of course it also takes time for the price of bitcoin to rise.

ProofOfLambo

jr. member

Activity: 238

Merit: 9

Dispose of coin with fear can be the most ridiculous option which everyone would take because that this sets up holders to be plain simple to control and hikes the jittters. Don´t be manipulated so easily.

Esterklu

member

Activity: 728

Merit: 10

First of all i sell my coins if i need money. In another cases i am using such formula - first half of coins i am selling at x2, so from this time i know that i dont have any profit or losses. Another half of coins that left i am selling at x5-x10. And the rest i can hold for many years)

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