Topic: Why would you sell an altcoin right at the very bottom - page 4. (Read 6765 times)
One of the reasons is when you hear an arkward news regarding the platform especially when news about team dumping their tokens it brings anxiety and people will definitely sell or when you here if a good project trading or to do X10 it makes one sell off old holdings especially altcoins to jumb into the new one, panic, greediness and bad news regarding team to warrant quick sell off from investors.
Most of the times that is a panic sell , when the investor wanted to get rick quick and seeing his investment going down he panic and he sells at a huge loss. There are other factors too , if the project you invested is dead , better cash out what ever you can in order to prevent total loss. Another one would be that maybe he needs some urgent cash and his only option is to sell his altcoin to convert it into fiat ( happened to me a few times ). And the last ones are those who didn't know in what they invested , pure gamblers ...
Exactly like that, three reasons:
1. Panic sell!
2. Cutting loses!
3. Cashing out alts for some life need!
Nobody sells at bottom for other reasons, simply they are panicking and they are looking for better investment, of course in the wrong moment. Cutting loses is well known to many people, when you think about some projects its better to cut your loses and save at least some money then to wait them to go to zero, each of us made at least couple mistakes. Number 3 shouldn't be discussed, when you need money you need it, you sell what you can.
But in crypto you never know what will happen next, so who can afford to hold some of these alts that are on bottom right now should risk and hold them for the future.
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.
Well, maybe you are right. there are many reasons that make us sell prices that have decreased. one of the factors could also be that they have re-analyzed and the trend direction shows a decline. the decision to sell is not the wrong thing right? because we avoid actually greater losseshow 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.
Most of the times that is a panic sell , when the investor wanted to get rick quick and seeing his investment going down he panic and he sells at a huge loss. There are other factors too , if the project you invested is dead , better cash out what ever you can in order to prevent total loss. Another one would be that maybe he needs some urgent cash and his only option is to sell his altcoin to convert it into fiat ( happened to me a few times ). And the last ones are those who didn't know in what they invested , pure gamblers ...
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
Holdl altcoins? #lol. I'm a fan of hodling but not every altcoins deserve to be hodl and if you chose to do otherwise, it will definitely end in only one thing.......
I've sold a lot of altcoins which i contemplated to be at the very bottom but i thank God that i did because their prices are nothing to write home about now. And most of the altcoins i fell in love with and hodl surely dissapoints because most devs do create coins with predetermined intentions of cashing out certain amount and when they hit that amount, boom its game over.
Op and some other altcoin hopefuls have to be aware of the fact that not every altcoin will do well. Infact, a greater number of them are shit and mere money making tool for the token creators with an end result of eternal dump. It will actually be considered a wise move for an investor to sell off and move on even at all time low having know that the token has no future. Its better than holding till the project gets delisted on every exchange
Because investors are getting tired of waiting and want to save at least some money from their bad investment option. It cannot be that a project collects solid amount of money and lets the price go down and make -x15 from the ICO price.
Selling altcoins when their price is at the bottom, of course, does not make sense. But not all altcoins destined to grow, so some of them should be sell it immediately and not keep for as long as they have completely lost their value.
Basically, it makes sense in two cases: possible further dump or urgent money need. Otherwise it truly makes no sense of selling your assets at the very bottom.Now selling because you believe there could be another dump in the price indicates that most likely the investor in question invested in the wrong coin and now is paying the price for that decision.
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 situationhow 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.
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.
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
Holdl altcoins? #lol. I'm a fan of hodling but not every altcoins deserve to be hodl and if you chose to do otherwise, it will definitely end in only one thing.......
I've sold a lot of altcoins which i contemplated to be at the very bottom but i thank God that i did because their prices are nothing to write home about now. And most of the altcoins i fell in love with and hodl surely dissapoints because most devs do create coins with predetermined intentions of cashing out certain amount and when they hit that amount, boom its game over.
But top altcoins like ETH, TRON, XRP are worth to hold because they have a lot upcoming events that gonna be held in the upcoming years.
And also holding some of them are not bad too since the price is not on their best right now. When the crypto becomes mainstream again just like 2017 i'm sure those alts will rise also.
But yeah i agree with your statement that most altcoin are not surviving in this current market condition, but only for new alts, old altcoins has already got much profits from the investor so they can survice because they still able to funds the development of their coin
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 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.
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
Holdl altcoins? #lol. I'm a fan of hodling but not every altcoins deserve to be hodl and if you chose to do otherwise, it will definitely end in only one thing.......
I've sold a lot of altcoins which i contemplated to be at the very bottom but i thank God that i did because their prices are nothing to write home about now. And most of the altcoins i fell in love with and hodl surely dissapoints because most devs do create coins with predetermined intentions of cashing out certain amount and when they hit that amount, boom its game over.
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.
Well, maybe you are right. there are many reasons that make us sell prices that have decreased. one of the factors could also be that they have re-analyzed and the trend direction shows a decline. the decision to sell is not the wrong thing right? because we avoid actually greater losses 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.
If you are holding a coin or a token that has lost most of its value, then the best thing to do is to get rid of it before it become completely worthless. I know that many people will face great difficulty in selling the assets at a price much below their original purchasing price. But this is something that they need to do. If you want to be a successful investor, then you need to use your brain more than your heart. Don't get in to emotional attachment with any of your assets. Just admit that your choice of investment was not good and get rid of it.
I think it depends on what altcoin we save. If we hold altcoin which is only for pump and dump, surely holding is the wrong choice. But if altcoin like TRX, XRP, XLM, ADA, ETH could be able to provide benefits if we hold for a long time.
But on the other hand, it's also rather difficult for me to determine the current market direction. What I do is save FIAT for now and wait for the right time to enter again on altcoin.
But on the other hand, it's also rather difficult for me to determine the current market direction. What I do is save FIAT for now and wait for the right time to enter again on altcoin.
It's really hard for us that the altcoin you love cause you so much grief. But i still recommend to do some research everytime you buy or sell altcoins
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.
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.
Agree, everyone has their own reasons why they sell tokens at cheap prices. Maybe it's because the investor doesn't trust the developer team or it could be because they see a good opportunity on another coin. But certainly, people sell at cheap prices because they do not want greater losses
the market is still recovering, indeed slow. but at least we have seen positive movements since the market crashed in early 2018. at least now there has been a good increase since the fall of prices some time ago. I understand that you all still have not accepted this situation because what you see is only one side, namely the collapse of a very sharp market and has not returned. You don't see the movement of the recover market from the falling phase to the rising phase. stay put here with your investment, or you (maybe) will regret it.
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.
Yes people sell and they could have more than one reason for it some people sell to get money and some sell to change their assets but it’s not good to sell it at the bottom as it reduces the profit and increases the risk. I don’t sell it for any reason because I believe in holding and Hold with patience until the price recovers totally as every good investor knows selling at bottom or panic is the worst choice. 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.
I will not do that, because every choice of coins that I invest is the top coin in the market, always has further price developments, is widely used by investors, and also the team is always active in developing its projects. so I personally will not sell it at low prices.
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.
In my own point of view, i sell my altcoins when at the very bottom because i really wanted to move it to another altcoin that has a good value or that has a potential to increase for me to earn good profit, and sometimes i avoid letting it's price very low, so i could have enough money to provide my necessities. 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.
Jump to: