It's very popular to see people selling off their Altcoins with such reckless abandon you begin to wonder if the word hodl ever comes to their mind,come to think of it,how much was bitcoin 8 years back,compare it to the price today,the gulf in price is astronomical..
Most bounty hunters sell as soon as it hits their wallet,i think the hodl approach should be adopted even the more,you never know what the price of the Altcoin you're calling shit might be in few years time..
This to me is a perfect trading strategy,hodl your alts and don't be in a haste to sell off
A lot of people are new to the market, they have never seen a bear before so they think that there is no way that the coins are going to go back to the high prices that they were during the last bull but they are wrong but it does explain why a lot of them are selling off their coins with reckless abandon. The best thing to do though is to make sure that we are all hodling so that when the market bulls, we can make a lot of money from it
