Bitcoin Forum

Economy => Economics => Topic started by: nydiacaskey01 on September 28, 2018, 06:32:09 AM



Title: Divestment - Factors to Consider when Selling your Crypto Assets
Post by: nydiacaskey01 on September 28, 2018, 06:32:09 AM
Aside from immediate need for fiat, what are the reasons why you decided to sell one or all your Crypto Assets.
I sold my IGNIS because I thought its a good time to buy Ethereum and IGNIS might take a long time before it reach my target price. So far my move paid off and Ethereum is moving up slowly. I also have NEO before but decided to sell as well when price started to go down but I am still at profit because I bought NEO when it was still traded as ANT.


Title: Re: Divestment - Factors to Consider when Selling your Crypto Assets
Post by: CodyAlfaridzi on September 28, 2018, 07:03:40 AM
I will never sell all my crypto asset for sure because I won't sell my Bitcoin. Selling alts back to Bitcoin, yeah, but not Bitcoin to fiat if there's no need for fiat.

Usually, the reason is that that specific coin didn't perform as I expected and at risk of going down instead of up. I definitely don't want to bag hold an altcoin. I usually short-term trading altcoin for a quick profit. Another reason is that I see more promising opportunity, like another coin about to rise or other potential investment. Recently I'm looking for a real business to invest as the crypto market isn't looking great. I stumbled upon bankroll investing on some gambling site. The result is great, made some good profit so far