Why do you sell your coins? - page 3.

mel1978

full member

Activity: 518

Merit: 101

Quote from: osasshem on July 27, 2018, 04:41:47 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?

There are many reasons why we need to sell our coins, one is when we are in need most of the money although the price is low we will sell our coins because we are in need of that money and the other reason I guess when we notice the price is going to dump and nobody will support the project anymore that is the situation when most of the holder sold their coins. This is only my opinion.

fiorilia

sr. member

Activity: 504

Merit: 250

sell coins of course when getting a big profit. but many cases have also been a lot of selling but prices for fear of getting down. or many say it is panic going on and ended up making many people afraid. but when can be patient and quiet then the result would certainly be another rush of selling in the value of the loss.

h0lybyte

hero member

Activity: 924

Merit: 511

People trade to earn profits from their investments but many of them don't know when is the right time to sell and their mistake makes a coin down, usually happens with newbies but i always hold until i reach 10-30% profits

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

This is a hypothetical question, each individual have unique reasons for selling or buying coins. There are many reason for that since most of the people sell it if price is high but some may sell coins due to panic sometimes. There are people who trade these coins regularly and selling and buying coins is part of their day today job. Apart from these reason there may be many reasons behind for selling coins.

barabarian1

sr. member

Activity: 938

Merit: 250

Quote from: osasshem on July 27, 2018, 04:41:47 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?

I will sell when I have speculation that prices will go down. and when the price goes down I will buy again. that way I can earn income. indeed many factors influence me to sell. for example because of needs and when I am afraid. but the more frequent factor I do is because I have speculation to profit from selling. basically I sell because I trade.

mimienamphine

member

Activity: 252

Merit: 12

Sometimes, I have to sell to pay for my data costs whiles promoting ICO projects or maybe buy something I need .But sometimes too you need to quickly sell of some tokens that seem not to have any future. Others also panic sell which contribute to dump because they are afraid of losing money.

sentinus

member

Activity: 210

Merit: 10

It is good to buy it in dump times and sell it in pump times. I never take my money back fully. I continue to invest with profit

pamelallaneta

newbie

Activity: 90

Merit: 0

eventually i sell my coins .Because there are times need but the main reason I sell my coins is dependent to the market situation. and if you need money of course you need to sell your coin and cash out you profit coming from your coins. if you are need a money for emergency but if you do not need money to cash out your profit i think for me if the market are going down the best way hold your coins.

@hosimanaka

newbie

Activity: 154

Merit: 0

Because there are so many coin I do not care to hold, I do not believe in the possibility that they will grow in the future, but if we hold them for a long time and if lucky, profits will come to us

manvinder030429

newbie

Activity: 67

Merit: 0

I offer coins when the cost brings ICO costs. There was one story when cash was required and I needed to offer my coins at the base. Be that as it may, it's smarter to hold up when the cost ponimitsya and the undertaking will fire and a year and 2 can pause.

khelan

newbie

Activity: 238

Merit: 0

If we can't sell the coin when they high. Then you will not get profit. Example if I have to coins traded at 1$ for each. Consiflder Market is dropping. Isolde them for 5$. After it reach to 0.6 $again buy those coins. But now I will get 8.33 coins. If the market recover and reach to 1 $. Then I will get 8.33$.3.33$ profit. Hence selling when market dropping is good to increase profit

Courtneyha

newbie

Activity: 28

Merit: 0

I can not sell now, the price is falling sharply. I wait for some more time waiting for the market price to rise and then sell.

karyamenaraagung

jr. member

Activity: 70

Merit: 3

I am also a long-term altcoin holder. I sell it because it takes some money. but, not all tokens, only as needed. because if I sell all tokens, I will go bankrupt.

Anna_Lewis1

newbie

Activity: 56

Merit: 0

I sell token get from airdrop, bounty. For ICO i also invest and sell when it has good ROI ( 100-200%)

mullzerwar

sr. member

Activity: 574

Merit: 250

the reason I am selling the coins I have are of course varied. There is nothing I am selling because I see the coins no longer potentially great for me. There I sell because the price is in compliance with the target I wanted. There's also that I am selling because I need the cash for necessities.

informattem

newbie

Activity: 29

Merit: 0

I only consider selling some of the coins I hold when I reach my desired goal, not all. If I think the price is too low, I will wait patiently to get more profit. After selling the coins, I will always pay attention to the market so that I can buy my favorite coins again at the right time.

Chanock

full member

Activity: 476

Merit: 102

I sell my coins depends on the current situation of market cap and also when I need money to use. Selling coin is a case to case basis depends on the needs. But most of the time I sell coin because I don't want to lose my profit. I always selling my coins once the value of it hitting to my expected price or expected profit.

Destined

member

Activity: 173

Merit: 10

To a point where I am profitable I will sell my coins.
There are different tactics for different coin.
It can be short-term or long-term depending on the coin, as well as depending on the market trend.
The most concerned are the up trend or the down trend.

MatysTapsilog

jr. member

Activity: 108

Merit: 1

I offer my coins since I require cash and benefits in my venture and I think this is the bussiness here in digital money. In my every day life, I require cash to manage my necessities throughout my life. In this cryptographic money, it is a major help to me to have a decent cash. On the off chance that the coins is in dump. I really hold it until the point when it have benefits later on. It relies upon you on the off chance that you need to offer or purchase your coins. It is in your system.

sends1

jr. member

Activity: 756

Merit: 1

I sell coins because the price has reached its peak, because I really need money (urgent), and also cover up losses when holding one of the coins whose price dropped very far from before (cut loss) then exchanged into another coin

Topic: Why do you sell your coins? - page 3. (Read 2359 times)