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September 28, 2018, 01:59:04 PM |
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Currently, for majority of the coins that people have, they'd have made lesser losses if they had sell immediately they received them, but I did not.
The Impact: people will get angry and sell their coins immediately they get them, and hence the dumping of alts is not ending soon.
Long-term impact: people will over dump and won't get any more to dump, market will rise and a few people (who could hold) will become the new bulls. Many others will be crying because they had large amounts they dumped. Trust me, it has happened many times.
My advice: dumping is not good. You may be happy and laugh at the strong hands and buyers but you'll cry later- might take years but it shall rise- unless maybe crypto is banned worldwide. Keep on holding and even if you'll sell don't sell all.
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