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Topic: Why would you sell an altcoin right at the very bottom - page 2. (Read 6714 times)

member
Activity: 550
Merit: 10
Well, if the coin is hopeless and about to die I would sell it before it does.
sr. member
Activity: 602
Merit: 250
—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
There still no altcoins season yet. I think you guys should stop dreaming about altcoin season, keep dreaming and your investment will become zero soon. We've been few months from this thread and there no altcoin season, only new lower price season. Dont hope about altcoin season, i bet even that season happen, holding old altcoin will never make you guys be rich.
sr. member
Activity: 1372
Merit: 252
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.
member
Activity: 882
Merit: 13
I am not doing it. I will wait to the price to rise back even just a little. Selling your tokens at the very bottom is like you just throw you money off and don't want something in return. Try atleast make a little profits before it.
member
Activity: 343
Merit: 11
Rangers.Protocol
Perhaps he was under a terrible pressure from altcoins he had bought for a long time. Without patience, you most likely did the most regretful thing in your life
hero member
Activity: 2268
Merit: 507
for those who have altcoins in their portfolio, and not the first year), of course, you should not get nuts and sell them on the bottoms now, no one will say exactly when they can grow and give unexpected profits. so hold and wait
The best scenario when it was growing again but the worst scenario when it gets down even more just like me with my kickcoin. It's only worth 1 satoshi and i lost 99% of my money. You should know the holding strategy can't be used in any altcoins. You must take care with what kind of coin that you have invested on it.
full member
Activity: 616
Merit: 108
for those who have altcoins in their portfolio, and not the first year), of course, you should not get nuts and sell them on the bottoms now, no one will say exactly when they can grow and give unexpected profits. so hold and wait
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
Actually it's depends on the situation and those coins market value even when we got good profits then right time to sell. Basically if a project developing has great potential then we can take long time investment so it totally depends on your mind, sell perfect time depend your profit situation.
not all developing projects can be profitable, what needs to be known is the level of potential that exists on the coin. and the reason people sell altcoin at the lowest price is because they cut lose or other reasons that make it
the main reason for selling altcoins now is the fear of people to lose their money, but only those people who don’t even understand which coins they invested their money for and why these coins exist on the market, have such fear. those people who are sure of the coins that they bought or buying now - do not sell them at the first drop of the price because they know that the cryptocurrency market is very unstable
hero member
Activity: 1792
Merit: 574
Leading Crypto Sports Betting & Casino Platform
Actually it's depends on the situation and those coins market value even when we got good profits then right time to sell. Basically if a project developing has great potential then we can take long time investment so it totally depends on your mind, sell perfect time depend your profit situation.
not all developing projects can be profitable, what needs to be known is the level of potential that exists on the coin. and the reason people sell altcoin at the lowest price is because they cut lose or other reasons that make it
full member
Activity: 1177
Merit: 102
Actually it's depends on the situation and those coins market value even when we got good profits then right time to sell. Basically if a project developing has great potential then we can take long time investment so it totally depends on your mind, sell perfect time depend your profit situation.
hero member
Activity: 2912
Merit: 629
holders get rid of much cheaper altcoins because all hopes for recovery were exhausted this year, if earlier the growth of bitcoin was a signal for the growth of altcoins, today the drop in bitcoin provokes the sale of other coins.
This year is not good for altcoins even btc show some growth most alts didnt follow.

Selling at lower price cant gain you anything thus it would be better to wait until alts bull run.

If you believe in altcoins you should not dump your coins even it seems there's no hope for the price to recover.

member
Activity: 188
Merit: 14
holders get rid of much cheaper altcoins because all hopes for recovery were exhausted this year, if earlier the growth of bitcoin was a signal for the growth of altcoins, today the drop in bitcoin provokes the sale of other coins.
sr. member
Activity: 728
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
everyone has various problems.
how come there are people who sell bottom ? Maybe he wants to move to another altcoin, because what is maintained does not go by there is a significant change in terms of price.


investment in a state of declining development and sell it certainly investors have a reason to do that one of them is as you say because of the urgent need so that requires money and the other reason may be the investor panic with the worsening crypto market situation
Selling with panic market is indeed the main reason why most traders sell their assets at the bottom, they are not willing to wait and they are basing their investment to how the situations brings them, It's best to make sure that you do know what you are doing in order not to fall with panic selling.

Aside from quick dumped wise investors deals with changing assets,  they do understand how market works and how they can recover just in-case they made a mistake from previous investment.
I think to sell Altcoin right under itself indeed a considerable profit step. Because I do not want to get the loss, so before the greater the loss that I get will be better by selling it now. This minimizes the losses that can be gained. So I highly recommend for all the children keep on monitoring the circumstances by selling that need to be sold. Take advantage of the situation. Very nice with this advantage.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
Hey. I sold all altcoins in the summer. And never regretted. Although it also sold in the negative. And now, looking at the market, I am once again convinced that I did the right thing.  Wink
it was a good decision because now you have the opportunity to buy the same altcoins even cheaper. I hope you do it because the altcoin season is already very close
legendary
Activity: 2772
Merit: 1028
Duelbits.com
We should be wise traders and if the market is falling we should not let it fall, especially the value of the coin. We need to cut losses and wait for the deepest to fall and there we buy.

This may be the only way we can recover from our losses and at the same time get some small profit,  when the price of coin increase.
Catching the falling knife, this is a bad idea unless you have the professional trading skills with perfect money management or inside feeling to guess what will happen in the market next. Instead of adding to losing trades, I also act professionally and cut the losses before it was too late.
full member
Activity: 742
Merit: 100
Hey. I sold all altcoins in the summer. And never regretted. Although it also sold in the negative. And now, looking at the market, I am once again convinced that I did the right thing.  Wink
hero member
Activity: 1273
Merit: 507
We should be wise traders and if the market is falling we should not let it fall, especially the value of the coin. We need to cut losses and wait for the deepest to fall and there we buy.

This may be the only way we can recover from our losses and at the same time get some small profit,  when the price of coin increase.
full member
Activity: 868
Merit: 104
It depends upon the current financial situation of the holder. Currently all altcoins are trading at lower price and its not worth to sell anything right now but sometimes holders is forced to sell his assets to meet out his sudden expenses. Altcoins earned from bounty are easy to sell as no emotions attached to it but if someone has purchased anything at higher price then its difficult to sell the same at low price. Its only the need of money which forces anyone to sell his assets at low price.
jr. member
Activity: 154
Merit: 1
It's an obvious fact that the market hasn't been on her best lately, both for Bitcoin and altcoin. Several persons are looking at selling their tokens with the intention of buying when the value is lower. It could seem risky owing to the fact that the bull run could be around the corner and you never can tell when it would commence.
full member
Activity: 1638
Merit: 122
5 months have passed after the creation of this thread but until now i cant see the altcoin season that the op talkin about  . the alt season that his saying could be stuck or something blocked its way  . i have heard of that hst token that you are talkin about and the token recieve some good feedback but i dont know if what is the update on that token   . to the question if why would sell an alt at the bottom  ? well because i think the price will dump more . sell and get profit and then buy again  .
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