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Topic: Why would you sell an altcoin right at the very bottom - page 5. (Read 6714 times)

sr. member
Activity: 1106
Merit: 252
Dextrust.org #Defi
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.

hero member
Activity: 1778
Merit: 504
WorkAsPro
in my opinion everyone has different reasons why they sell altcoin at low times. maybe at that time they were in need of money. or maybe it's because they've seen that altcoin won't be able to develop because the manager and the development team aren't experienced people. so they decide to sell rather than if they are not for sale they will get nothing. or maybe they consider that altcoin they have is not so potential and want to try another altcoin so they decide to sell coins.
Panic psychology has caused them to sell altcoins at low prices because they certainly cannot make good profits from that coin so they will often choose a safe solution to secure their assets. In fact any investor will go through this stage so it's no surprise. In my opinion, before investing, you need to have a specific plan and always think carefully because not everyone is lucky enough to be able to survive in the bear market.

You should analyze that coin yourself and learn carefully to avoid risks because there are currently hundreds of altcoins available in the crypto market and every altcoin will have its own risks in investment.
hero member
Activity: 1386
Merit: 504
Lol. Panic sellers. I'm not selling an altcoin at the bottom unless i have the guts to let that altcoin out of my portfolio for one reason that altcoin is a dead one. If i am going to trade 'em, i will buy at the bottom what's the reason of selling at the very bottom if you know that altcoin have a potential to go up by basing on technical analysis thats how i trade altcoin.
hero member
Activity: 1106
Merit: 506
in my opinion everyone has different reasons why they sell altcoin at low times. maybe at that time they were in need of money. or maybe it's because they've seen that altcoin won't be able to develop because the manager and the development team aren't experienced people. so they decide to sell rather than if they are not for sale they will get nothing. or maybe they consider that altcoin they have is not so potential and want to try another altcoin so they decide to sell coins.
sr. member
Activity: 1236
Merit: 252
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.
For me, this does not make any sense even if you are selling your coin at high need as money has always been a need but we should keep some amount of money saved so that at times of need we will not have to sell our coin at a panic price. This is totally wrong and full of losing as if you sell it now a day coz the price is low better keep holding.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
the first reason is a panic when seeing prices go down and sell immediately because they think there will be a greater decline (most cases like that, myself too).
but there is another possibility because the coins being sold have not very good trades and have very bad prices. especially if there are no more updates made by the team, then selling it at any price is the most appropriate choice.
sr. member
Activity: 812
Merit: 262
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

Indeed, it will e counterproductive to sell the coin at its lowest price but sometimes, we got to let go especially if the developers themselves ran away from the coin. The first instinct you will do in that specific situation is to minimize your losses. But if you think that the decrease in the price is just seasonal, it will be dumb or sell it. This is why it is important to study well the trend and te graph of the crypto market especially the coin you are keeping.
sr. member
Activity: 896
Merit: 251
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.
Many factors influence it, as you say, every person who sells at the lowest price is due to special factors. not because of their desires but rather the final choice rather than having to hold back and ultimately lose more
sr. member
Activity: 756
Merit: 257
Freshdice.com
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 do not think that it is wise to hold a coin that has already becoming less and less usable in the market. Not all investment plans work so we must be prepared when we need to quit. Sometimes, the investment itself is unrealistic from the beginning due to the lack of extensive research about the project. But, it is also true that there are a few coins that manage to rise up again. Part of reason is that even the prices is not that high anymore as it used to be, there is still trading volume.
hero member
Activity: 1022
Merit: 500
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.
member
Activity: 645
Merit: 10
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.
legendary
Activity: 1610
Merit: 1003
i have many altcoin in my wallet, they like shitcoin, it cant be sell, priceless. sometime i will sell when the price is good, and hold it when i think its too low. im not sure if all altcoin have the season, maybe its apply for some altcoin.
for some people bitcoin is safer than altcoin, so they sell at low price, change to bitcoin
sr. member
Activity: 658
Merit: 256
Freshdice.com
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 find it nonsense too to sell an altcoin that is at the very bottom because it wouldn't do you any good no matter what angle you look at. It will only be applicable to sell an altcoin when it is already hopeless but if you can see that the altcoin you are currently holding has the potential to be at the very top as the altcoin season starts, you should think twice first before selling it. You can either regret it or be relieved on what you've done but that's what crypto is all about, risks.
member
Activity: 854
Merit: 10
Usually, if the growing coin is able to grow extensively, then there might no way the bottom can be determined. If we all know what and how to know that, then trading or investment might have been the easiest thing to do, but most times, they are done based on predictions.
jr. member
Activity: 756
Merit: 1
if I want to sell or buy altcoin I have to see the movement whether it is suitable for sale or purchase. But if the situation is very urgent, such as to pay for necessities, I have to sell and if the situation is ordinary I will still hold
sr. member
Activity: 567
Merit: 270
People have their various reasons for wanting to dump their tokens, some of them invested all they had and cannot even afford some basic things and they got tired of holding and decided to just cut their loses, this happened to a friend of mine and I couldn't fault him to wanting to get out, we have been hearing if the altszn for a long while now and it is still yet to materialize but all hope is not lost, hodl tight but make sure it's quality tokens with potential to do well.
sr. member
Activity: 1876
Merit: 318
I sell my altcoins at a low price and of course there will be losses, due to several things among coins will be delisted from
the exchanges that made me make a quick decision by selling at low prices so they could sell quickly, coins are I hold no
progress after I hold and I'm afraid those coins will become shitcoins, so I decided to sell at cheap prices. And lastly because
I need funds quickly because there are important and sudden matters in the real world, then I decided to sell cheap altcoins
that I had so they could sell quickly.
sr. member
Activity: 840
Merit: 250
www.guestcrew.com
Therefore, it makes no sense to sell altcoin at low prices.
it does, especially you are low at money and need some quick cash, so selling coins at low prices would be a good idea to at least give you a breath before making an order again I the future. They sell those coins because afraid that it would go far down in next few days, that's a reason
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
Quote
Why would you sell an altcoin right at the very bottom
At the very bottom you cant sell, very bottom is 0
full member
Activity: 714
Merit: 104
I tried several times to sell my not very efficient assets, but I still have to try to sell them, because the market is very weak and trading activity is very small.  Even if I sell some coins at low prices, then for these funds I won’t be able to buy even a good amount of Bitcoin or Ethereum in order to get good profit later.  Based on this, it remains to rely only on the future prospects of the cryptocurrency market and on the development of those projects whose coins are in my portfolio.  Therefore, it makes no sense to sell altcoin at low prices.
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