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Topic: Why would you sell an altcoin right at the very bottom - page 17. (Read 6763 times)

hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
Because I want to cut my loses in shitcoins and invest in real unicorns that bring me 10x
me too and this can be considered the main reason why there was a lot of people are selling their altcoins even that reached the bottom price, we have another chance by investing in another promising coin like what have already done in binance and gate.io IEOs. Rather than seeing our money worth zero and it much better to cutloss and then put it to make it becomes 10x.
sr. member
Activity: 1330
Merit: 326
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.
member
Activity: 280
Merit: 11
Although it is not the best selling at the bottom but if the situation at hand demand that you should sell at the bottom then you should do just that because there are some project that will eventually die and holding such coin might not be the best.
member
Activity: 684
Merit: 10
And if this is not the bottom, there are scenarios in which the price of the Alts now will not be the worst, so people sell.
member
Activity: 462
Merit: 10
Because I want to cut my loses in shitcoins and invest in real unicorns that bring me 10x
member
Activity: 509
Merit: 10
Nobody wants to sell their altcoin right at the bottom. Because they are scared and they cannot stand the decline of this market. I have a few friends, they have held the BTC from $ 7000 but when the BTC fell to $ 3100 they sold all for fear and pain. It's sad when they are not patient enough to hold them to the present
Our enemy is a panic, and if you panic, you're very likely to lose your money in the cryptocurrency. The most important thing is to have patience
hero member
Activity: 983
Merit: 502
Nobody wants to sell their altcoin right at the bottom. Because they are scared and they cannot stand the decline of this market. I have a few friends, they have held the BTC from $ 7000 but when the BTC fell to $ 3100 they sold all for fear and pain. It's sad when they are not patient enough to hold them to the present
legendary
Activity: 2450
Merit: 1047
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 cannot blame holders especially those who invested a lot on a project, they do not want to lose and they do not want to see their investment going down the drain, so they will sell even at a very small profit, they don't even care if the price of the token they've sold will become ten times higher.
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.

True, but the bottom is often only obvious in hindsight. At the time, when you are reaching the bottom, all you know is that the price has been falling with no sign of stability or recovery. It can be difficult in practice to identify the bottom.
Some people say: bought at the bottom - get a second bottom as a gift. The mistake of many people is that they are not insured and think that they definitely bought at the bottom
sr. member
Activity: 1078
Merit: 354
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.

True, but the bottom is often only obvious in hindsight. At the time, when you are reaching the bottom, all you know is that the price has been falling with no sign of stability or recovery. It can be difficult in practice to identify the bottom.
sr. member
Activity: 1414
Merit: 254
It depends on the holders. Because all we know the risk in having and holding any kind of crypto. It's up to you if you should take a risk or sell your coin even it is in the bottom. From the start when the time that I have some research about crypto industry,  I already accept the fact that crypto business if  for the brave investors only.
Absolutely, in crypto the more risk-taking the greater the profits, but for people who want to take the safe path so he doesn't need to sell the coins at the lowest price, actually it's easy, just buy and hold coins that are guaranteed to be long, like XLM, LTC, Doge, Eth or btc. If what you are interested in is a newly launched coin with also a new project, then you have the possibility to sell it at the lowest price if you don't always pay attention to the market situation.
legendary
Activity: 2226
Merit: 1086
duelbits.com
everyone who sells their altocin when prices are weak has their own reasons, maybe they panic or maybe they think the altcoin doesn't have the potential to provide profits in short term or they are experiencing financial problems so they decide to sell it.

Most people want to hold their altcoins and aware of their potential profits. But in a certain situation, people have no choices, the only one way is to sell their altcoin assets. I also experienced this situation, I sell the top altcoins because of having financial problems. Unfortunately, the prices were decreasing at the time.
member
Activity: 728
Merit: 10
Some users sell alto-coins at the bottom, because project managers send them to wallets when they have low prices. Each user has its own reason for selling tokens - for example, if the tokens are left on the wallet - they will depreciate at all.
member
Activity: 239
Merit: 17
It is not all altcoins at the base will go a lot higher in incentive after some time, so once in a while you might need to sell so as to purchase coins with solid essentials, you diminish the danger of stalling out with poop coins.

Differentiating makes it conceivable to adjust the hazard, and spotlight on increasing more than you free. There will quite often be a few misfortunes, you simply need to acquire
member
Activity: 476
Merit: 12
It depends on the holders. Because all we know the risk in having and holding any kind of crypto. It's up to you if you should take a risk or sell your coin even it is in the bottom. From the start when the time that I have some research about crypto industry,  I already accept the fact that crypto business if  for the brave investors only.
member
Activity: 531
Merit: 10
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

Maybe why others sell their altcoin for low price is that they needed the money for some personal reasons. But who knows what's the reason behind? Just let them sell whenever they want to sell. But for us who are hoping for ATH then let us all be patient and be prepared for it.
legendary
Activity: 1218
Merit: 1001
How you understand thatits the bottom? There is always room to go "0"
Check ethereum it was over 1000$ and i did not sell when it was 600$ cause it was the bottom.
And now its around 300$ and i still dont want to sell cause its bottom.
But it can go below 100$ and i will think the same its the bottom. But always there is a room to go "0"
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
That's right. I totally agree that we should not sell our altcoin now that it is on the bottom. Since we really invest our time and effort on it, we have to be very wise im handling our altcoin. It is true that we don't know if this is the bottom for all altcoins but the fact that it is below the ICO price, I think we need to wait until the price will rise up. Still there is a special case which depends on the hodler's need or decision. If he want to sell it and switch to. Bitcoin then that I think is reasonable enough now that Bitcoin is rising up.

Seeing the prices of many altcoins that are depressed against bitcoin nowadays indeed makes many investors panic. But if we understand the altcoin that we hold, I don't think we need to panic and sell our altcoins at cheap prices. The project needs time to develop and I think the altseason will be coming soon
It has been long that I made investment in altcoins because I was waiting for this moment, I knew that this period is the time that most altcoins bleeds a lot, and they will seems like almost going to zero, but you know what? People don’t understand that this is the best time to actually opt in for those coins, especially the ones that have real use case.

The lower the value is, the chances of being able to acquire more, and the chances of being able to get bigger profit when they start to increase. Anyone that understand the market of altcoins, or has been following the market of altcoins in the past will know that this is the right time to make investment into solid project, wen altcoins season comes, these projects will multiply very high and such investor will have a record of huge profit.
42K
member
Activity: 364
Merit: 10
Erotic Industry on the Blockchain! RachelX
I think nobody wants to make a loss in investment. People at times do panic when things they expected didn't work. It applies in cryptocurrency too. Sometimes people panic and have to make sell their coins at a low price just to prevent further loss.
full member
Activity: 476
Merit: 101
Most people who holding Altcoin that made bottom selling are usually affected by FUD (Fear, uncertainty, and doubt), which is used in sales, marketing, public relations, politics, cults, and propaganda to widespread disinformation.
They do not have enough courage to believe in their Alts, Beside, I don't see any good point in selling Altcoin at the bottom price and it's definitely a bad idea.



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