Topic: Why would you sell an altcoin right at the very bottom (Read 6714 times)
Is there really a bottom in the crypto market? Some good project price drop so much that people got frustrated and they think this project can not recover the loss. And that is the main reason people sell their token cheap. Some dare to hold that token but that's very risky you can lose remaining of your balance. So every trader should use stop loss for minimizing their losses.
I have experienced both the peak and trough stages of altcoins. The current stage is considered to be a trough. Only by holding the altcoins in hand, it is possible to make a profit.
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle. Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie. But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value. Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.
ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
I sell the altcoins that I have only because there is no coin growth. if I last longer then I will experience bigger losses, for example Sportfix (SFT) ICO is priced at $ 0.1 but now it is very far from that price and even now like priceless, so not all decisions taken to sell altcoins can result in losses. even if we continue to hold back will be more detrimental than now.
There is a price cycle in the market. This is a cruel market for novices. You buy at a high price and you sell at a low price. If you don't want to do this, you need to do some good research and improve yourself. Altcoins are subject to much speculation.
This is something that most newbies never really consider because they do not take the time to study the markets.Most of those that bought a lot of altcoins were relatively new to this market and they did it when the whole market was in the middle of a bull run and since the day that the bull market has been over more than two years have passed and there is still no evidence that supports the idea of a recovery in the market of altcoins and as such most newbies are selling their coins in complete disappointment.
If the demand was lost and you can't see your coin on news and maybe your friends do out for the altcoin you have then do it also because by the demand, the altcoin was not like bitcoin that has a bigger chance to recover its price.
always look at other factors, many long-term altcoin projects are progressively declining, so we must choose to sell it. even I have several altcoins that have lost their value. so as long as it has a value it is better to sell even at bottom. 
If the demand was lost and you can't see your coin on news and maybe your friends do out for the altcoin you have then do it also because by the demand, the altcoin was not like bitcoin that has a bigger chance to recover its price.
If the project still alive, you have the reason to hold the coin just ignore the price because it will rise the price naturally at the right time you only need to be patient but if the project is totally dead not reasonable to hold that coin and sell it asap and find another good projects.
Logically, if it's at the "very bottom" as you say, than that means it either cannot decline any further, or it's completely dead (e.g. has no liquidity.)
Based on this, selling at the true bottom would be pretty stupid since it can only recover from there, whereas if the network is dead, selling will be impossible.
However, you're forgetting that nobody knows when the bottom is. Some people have held for so long that it feels like recovery is never going to happen, so it's best to cut your losses early.
I would say these are the smart(er) ones, since coins in this position rarely recover.
Based on this, selling at the true bottom would be pretty stupid since it can only recover from there, whereas if the network is dead, selling will be impossible.
However, you're forgetting that nobody knows when the bottom is. Some people have held for so long that it feels like recovery is never going to happen, so it's best to cut your losses early.
I would say these are the smart(er) ones, since coins in this position rarely recover.
There is a price cycle in the market. This is a cruel market for novices. You buy at a high price and you sell at a low price. If you don't want to do this, you need to do some good research and improve yourself. Altcoins are subject to much speculation.
This is a very good question and any trader who sells his or her altcoins at the bottom must have a vivid reason for doing that but i beleive anyone who does that must have seen that the project is about waxing off or exiting scam. Though i believe some also sell when they meet unexpected expenses which they need to cater for
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle. Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie. But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value. Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.
ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
I'm not sure if the altcoin price will go up everything. maybe you mean there are some altcoins that will get progress later because we all know that every day more and more altcoins have been launched and the latest altcoins have clearer prospects and promises to provide benefits over the altcoins we hold today, and hopefully the altcoins we hold are now not invaluable coins later.
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle. Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie. But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value. Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.
ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
We're hoping for future and observing from past. Every altcoins can't satisfied us, we know that. Sometimes holding isn't good, if new interesting coin IEO on Binance exchange. Short term but very good profits. We're entering altcoins season by launching Ethereum blockchain 2.0 and top coin halving. ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
it is logically impossible for someone to sell their coins right at the lowest price, unless someone is pressed for economic needs or something else. for me personally will not do that, I believe that the investment that I have will be profitable in the future. so, for me to sell when the market is bad is not a good idea.
a lot of those who do that they sell altcoin at low prices and it will only make themselves lose but when they make sales at cheap prices they already understand the risks and the possibility that he is in need of money and is very important. 
it is logically impossible for someone to sell their coins right at the lowest price, unless someone is pressed for economic needs or something else. for me personally will not do that, I believe that the investment that I have will be profitable in the future. so, for me to sell when the market is bad is not a good idea.
If I go to lose the rest of the trade in the bear market, I will make a smart choice and sell the rest of the trade for protecting the balance. Otherwise, losing balance is the worst case. I don't want to be trapped in the bottom of the market, the other altcoins need investors too.
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle. Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie. But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value. Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.
ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
I don't sell my token at the bottom of price but I can guess why some people it. If you find very interesting projects which price will pump or Binance IEO coin, you should sell at bottom price for instant profits. Or somehow you realize that you are in scam project so should leave before price is goes to null. ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.
Much love to all altcoin holders (especially those that hold HST decision token)
Stay safe, and see you all at the very top of the next altcoin season.
Peace out
I really think selling at the bottom is not the best of trading skills, but then again when people sell at the bottom they never know if it is the bottom unless they are really good at technical analysis. Most ' traders' follow a herd type of mentality, so when there is fud they will dump without any real reasoning, the same goes for buying in with fomo and the pump. You really need to follow and study the project you are following very well to see if it has a lot of future potentials, so if it has you hodl tight and load up on the dumps, sell on the all-time highs, rinse and repeat on each retrace and make profits and grow a bigger bag. If I had known this in the last bear market I would have been rich, but I believe we always can be given a second chance. We need to educate ourselves well around the coin we are trading.
Some people sell at bottom because they lose trust in the project. Some people sell because they need cash for other stuff.
We can't generalize this matter, each of us is free to do what we think it's the best for us.
I understand what you mean by saying "other chance". You are here longer then us, and you didn't expect the rise in 2017.
Now you, like many others, wait for second market rise. Like you I believe that second rise is coming. Now is our chance to collect
coins that other people dump at bottom.
I really think selling at the bottom is not the best of trading skills, but then again when people sell at the bottom they never know if it is the bottom unless they are really good at technical analysis. Most ' traders' follow a herd type of mentality, so when there is fud they will dump without any real reasoning, the same goes for buying in with fomo and the pump. You really need to follow and study the project you are following very well to see if it has a lot of future potentials, so if it has you hodl tight and load up on the dumps, sell on the all-time highs, rinse and repeat on each retrace and make profits and grow a bigger bag. If I had known this in the last bear market I would have been rich, but I believe we always can be given a second chance. We need to educate ourselves well around the coin we are trading.
The point is that the vast majority of altcoins have lost practically all their value, and the probability that they will repurchase it at least in part is very small.
So, you might as well keep them as a souvenir, just to remember that nothing in this world is guaranteed ...
So, you might as well keep them as a souvenir, just to remember that nothing in this world is guaranteed ...
For me personally, I will not sell my coins when the price is in the lower position because for me, I invest in a coin to make a profit and if I sell it when the price of the coin is below the same I do not get anything from what I do or you could say I just wasted my time and money just to get a loss. When in that position maybe I would prefer to hold it but in reality when I see the price of my coins fall and I expect to fall again, there I will take the decision to cut losses.
Inside investors minds, selling isn't an options as you are aiming for a much better outcome. Research and you'll not be afraid holding your coinsinside your wallet. This particular venue of investment always have a big risk behind if you will not do your homework and just invest without any
knowledge.
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