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Topic: Why would you sell an altcoin right at the very bottom - page 12. (Read 6714 times)

member
Activity: 868
Merit: 10
most of the holders sell at low prices for several reasons, such as coins that are difficult to develop better for sale even though they are cheap or replaced with other altcoins that are more feasible for investment. if you only depend on altcoins that are difficult to develop, you will definitely lose later. so make a change before you regret and make sure you replace it with an altcoin that has great potential for investment.
legendary
Activity: 3178
Merit: 1128
I believe there is always a reason behind why an investor would sell their altcoins at the bottom. One reason is the financial status, an investor who are really in need of money will sell right away their coins even at the dip and in the deficit situation. Secondly, being tired of waiting for the pump. The moment they are exhausted waiting endlessly when to increased, they give up holding theur coins.
If he has waited for so long, and you have witnessed several decrease, why then choose to sell at bottomed, when he could have just waited a little bit more for the value to pick up again so that he can get his investment back at least, even if he does not want the investment to continue further, I don’t see any sense in selling at bottom, except it is a coin that the investor is so sure is already heading towards crash and complete dump land.

For every coin, there will always be bottom, and those who buy at bottom would be the one to enjoy most, If I were such investors, I would not get tired but rather buy back at that bottom and make more when the price starts increasing back, except maybe he doesn’t have money again, or in need of money like you rightly said.
member
Activity: 686
Merit: 15
It's sometimes a wise decision to sell altcoin at the very bottom. I once held an altcoin worth $1,500 and when it fell to $500, I didn't sell, but when it hit $200, I sold off and it went to $30, before starting to climb. I quickly invested in other profitable coins and I made some profit not up to the loss but was somewhat happy. If an altcoin keeps breaking heart, I will sell off and move on.
member
Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
Selling your altcoins at the very bottom is a very bad idea and it will make you lose in two different ways

1) You will not get the best price for the altcoin because of the reduced value, which means you are only getting a penny of the money you invested

2) You will miss out on future price increases, which could be very frustrating to remember
jr. member
Activity: 658
Merit: 5
You can’t blame people that sell at the bottom; sometimes the inevitable cannot be avoided
If you know tokens such as Wednesday coin, toto coin and even mtv amongst others

No more value; and investors would wonder till today why they didn’t stop loss and catch their capital

It depends on individuals
full member
Activity: 783
Merit: 108
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 Cheesy
You only see the bottom when it has formed a chart. At the time of sale, how can you know it's the bottom. Do not ask such silly questions.
It is not that they want to sell at the bottom, but it is possible that they are using the DCA method to buy more coins at a cheaper price, but can calculate it wrongly, or due to the strong volatility of the market.
crypto is a psychological game, belief is good, but sometimes stubbornness is suffering.
member
Activity: 126
Merit: 10
It is imposssible to conclude when altcoins will rise, but I agree that it is not the time to sell altcoins that nearly hit their bottoms. It is not time to be panic and sell at whatever price just to get Bitcoin or USDT back. It's time to determinantly hold all your good altcoins, and wait till their bull runs to sell at as most beneficial prices as possible.
sr. member
Activity: 980
Merit: 261
I personally will not sell the coin if it is at a very low price, but I must really believe first, if the coin I have will rise again. most investors suffer losses because they are impatient to wait and begin to fear that the coins they have will not rise again

Well you dont know if the price is at the bottom and it will raise again, that is the most holders want to do but they are always fail because most of the time when they hold due to the price is at the bottom the coin they are holding has no chance to gain momentum again.
full member
Activity: 728
Merit: 101
I personally will not sell the coin if it is at a very low price, but I must really believe first, if the coin I have will rise again. most investors suffer losses because they are impatient to wait and begin to fear that the coins they have will not rise again
hero member
Activity: 2366
Merit: 605
I believe that no investor would put money into altcoins to with the intention of losing it, it is the condition in the crypto currency market that is making a lot of them making some drastic decision to sell off some of their altcoins. What you said here is true of some coins, that is coins that you can trust of their development, but there are some coins that you cannot fully place your hope on.

No matter how long you hold those shitcoins, nothing good can ever come out of them, because they keep becoming dead on a daily basis, would you not prefer to still sell the little you can sell of them to use and buy bitcoin, for the miracle bitcoin and some other altcoins can do in multiplying them? Altcoins season is coming so fast and I agree with you, but would not affect all the altcoins that you see in the market. I think some are just dead already.
legendary
Activity: 1288
Merit: 1011
The hardest task here is to define whether the altcoin project is dying or just waiting for the bull market or new releases. There are some coins that will never grow up again - it's better to sell them now Smiley
Yes, Exactly what I'm doing. I'm swapping some of the alts that I think would never comeback with the ones that might actually pull x5+, I'll only breakeven though but that's fine to me. I'm not selling anything at current price, It's either moon or slow death of my portfolio.
member
Activity: 784
Merit: 10
I think some people sells right away their tokens even on a low cost value in the market its because they think that it is way better than holding it for a long time and then in the long run they would just end up earning no profits. Or it is better to sell right away for a lesser loss, rather than greater loss in the long run.
member
Activity: 463
Merit: 11
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 Cheesy



I stand with you on this, thanks so much for sharing. I guess the reason why several people go ahead with making that kind of sales is because they are afraid of what the market situation will be later; maybe they may run into losses later on. But it's always good to have faith that market situations will be better so, there shouldn't be any reason to panic. Stay calm and breathe
member
Activity: 812
Merit: 11
The hardest task here is to define whether the altcoin project is dying or just waiting for the bull market or new releases. There are some coins that will never grow up again - it's better to sell them now Smiley

I agree, one reason why we sell altcoins at cheap prices is because there are no good developments from the altcoins we hold. If the developer team is not active in communicating about the development of the project, I think it is very rational when people sell it at cheap prices to avoid greater losses
legendary
Activity: 1722
Merit: 1014
The hardest task here is to define whether the altcoin project is dying or just waiting for the bull market or new releases. There are some coins that will never grow up again - it's better to sell them now Smiley
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
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 Cheesy
the requirements in his life will not been known by anyone if he needs to sell everything for doing something for his future then it will be a good things so my opinion is if the situation demands you can do it if you unnecessarily doing it it will be bad for you
copper member
Activity: 476
Merit: 4
I believe people have good reasons to sell altcoins at the very button cause no one would want to sell in loss except if there is a need for it. Sometimes we have to sell off to avoid more dump cause of no development from the project team.
full member
Activity: 826
Merit: 105
Back then, I've been too easy to make money from this market, but I did not cash out, still let it on exchanges
Bought some alts, and leave it cause I have too much things to daily, when it down, I told myself that just wait
A little bit, it will rise again, and when I back, it's all low time Sad(
Sold it cause I don't think anything like that would ever rise again
full member
Activity: 1022
Merit: 100
Meta4uStake.io
That true, so why there are people are panic, because afraid of losses.  They just want to be sure that they earn profit even if just even a small amount. So they decided to sell it immediately not to worry.
there are also those who feel enough even though the benefits obtained are still small. and that is actually good, because they have their own plan. want to sell or not is up to you. those who are patient and not greedy, surely get good benefits for themselves.
member
Activity: 509
Merit: 10
At the bottom, altcoins are sold only by bountists who want to get profit faster,or by people who are afraid to lose all their money and return at least something,but I've never done that.
It is better to wait for a while and sell your coins at a higher price, if vital, then you need to sell the coins at any price
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