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Topic: Why would you sell an altcoin right at the very bottom - page 18. (Read 6714 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Why sell coins downstairs if you can wait a little longer and sell much more expensive, I think people understand that and do not sell now
You are only thinking on the positive outcomes but what if the coin in which you invested never recovers? Remember that about 90% of the projects are scams or projects that are never completed and disappear in less than a year, unless you are an incredible investor that can detect all kind of scams the truth is that from time to time you are going to invest in a token that is not worth anything and when that happens if you keep holding your coins there is a high chance you will never recover any of the capital that you invested in such a project.
sr. member
Activity: 679
Merit: 254
It seems to be entertaining in this saturation and I have to admit that it's currently a little sad to see a slow altcoin. I really don't have many altcoins in my wallet, but get bored when opening to see prices in trading. I hope the change of season will arrive soon, at least the price will rise by 30%. Don't sell or (HOLD)
full member
Activity: 612
Merit: 102
Chromia - Relational Blockchain
Why sell coins downstairs if you can wait a little longer and sell much more expensive, I think people understand that and do not sell now
copper member
Activity: 168
Merit: 1
I sell altcoins because their value has not changed and is still below my expectations. my altcoin value continues to decline so I change it to bitcoin. some of the altcoins that I hold don't pump or have never been ATH.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
If people seeing their altcoin going down, they will panic and start to sell in fast. But if people believe with the coin, they will not sell even if the price of that coin is down and they will still hold and buy more amount. They will survive by holding the coin because they learn about the project, they know the project was good so they decide to hold. If you sell the altcoin at the very bottom, then you lose your coin and at the same time, you are losing your bitcoin value.
sr. member
Activity: 533
Merit: 250
Since most people are too scared and think that the investment will not recover, the decision to sell them at the dip is their last choice. Everyone suffers a similar situation when altcoin they keep continuously declining
member
Activity: 742
Merit: 21
Be the reason someone smiles today
Why do you think now is a very bottom? Alts could decrease for another few months before they recover.

However, some bad projects might not recover at all so it's better to sell now if you hold s**t coins, as they still worth something.
member
Activity: 336
Merit: 11
Lack of endurance is what makes people sell coins and tokens for lose ,the only reason that can make me do the same is if I noticed that the project is been abandoned and no more updates then I have no reason to keep holding such coin or token
Any situations can encourage the user to get rid of one or another altcoin.  A lot of different information appears in the network, including negative, which immediately sends the owner of altcoin to the exchange for sale.
member
Activity: 784
Merit: 21
Lack of endurance is what makes people sell coins and tokens for lose ,the only reason that can make me do the same is if I noticed that the project is been abandoned and no more updates then I have no reason to keep holding such coin or token
jr. member
Activity: 420
Merit: 1
I often noticed that the Altcoins fall and no longer rise.
I try to study the project in detail and if the project is promising then these tokens I keep


You will need a long time to do research from an altcoin that is really promising.
to avoid losses from the altcoin that I hold, I make sure when the developer will do the token listing or the exchange of crypto coins, there I will see the volume of crypto assets that I hold, within 24 hours I'm sure the price will go down, but if a dump occurs then as My investors will sell it when the price recovers, so choosing good coins is very necessary for long-term investments.

copper member
Activity: 1218
Merit: 1
I often noticed that the Altcoins fall and no longer rise.
I try to study the project in detail and if the project is promising then these tokens I keep
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
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
Just one question....If we hodl, how long do we have to wait?

Quote
It makes no logical sense to sell an altcoin right at the very bottom of a market cycle. 
Sometimes there is logical sense and Many reasons can cause this, dev team might have left, coins not listed on a liquid exchange and hodler would be in need of money or a strategy to buy low buy starting the fire by selling low.
member
Activity: 490
Merit: 13
There is no way you will sell your coins at the bottom.
I understand, when the market goes down (for altcoins) people will start to feel that it will going down more.. And they start panic selling their coins.
For me, we will just need to wait for a rebound on the market and sell on the high.
legendary
Activity: 2366
Merit: 2054
It is better now not to sell, but to buy coins, because they are very cheap, but everyone decides for himself what to do now in the cryptocurrency
What that mean not to sell and buy coin?
are you mean buy Bitcoin using altcoin?, or buy altcoin using bitcoin?
i look at altcoin are cheap than bitcoin price
member
Activity: 753
Merit: 15
mulierum.com
Commonly, I will not sell my coins at the very bottom price because it will sometimes only give us the lost money and get a very small price.
However, we need to analyze more about the coins, whether it is going to be shit or dead coins or not. If it is, better to sell them right away. But in normal condition, it is better to hold the coins again
sr. member
Activity: 1190
Merit: 253
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.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
People start selling alt coin because they want to invest on bitcoin. They see the price of altcoin dropping when the price of bitcoin starts to rise. Even they don't want to miss the opportunity thus they even up selling their altcoin and jumps into bitcoin investment. They know they will be making more profit when they invest on bitcoin. Thus they start selling even when the price is at the very bottom. They know that they can always buy back their altcoins at even lower price.
jr. member
Activity: 454
Merit: 1
It is actually a very painful thing to continue holding altcoins while there is consistent extremely decrease in price value in the market.  As a matter of fact, most altcoins price value is dumping day in day out. It is appearing as if one should sell those coins at anyhow price and forget about them, but we need not to sell cheaply so fast. We should encourage ourselves to stay focus and keep holding for better profit. It may not be easy to do that but we just have to. Some of us have been holding some altcoins as far back as late last year. Don't let us give up at this point as we are almost getting to our place of abundance interms of profit. Let us still hold for a while and watch the market booming again for better output.


member
Activity: 686
Merit: 35
Largely because of lack of patient or probably project has fall really short in terms of development, internal conflicts among the teams that could pose a threat to the success of the project, probability of scam accusations etc, these reasons can compell anyone to sell their alts at the very bottom before the project go to zero,
But in the case of a dump in price only shouldn't be enough reason to sell because as long as that project is on track with development process then price will certainly increase in due time.
full member
Activity: 1004
Merit: 111
Sometimes people sell their tokens at very because they know that there are no tomorrow for the project.
Team might left the project and investors are not hearing anything from them.
It is good to sell low and accept the lose than to have your tokens holding still with no value to be left.
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