Hands down - who really didn't sell anything?

[GRR]

I think it is stupid to sell now. You sell low, you lose your profits. Simple as that. Patience and not panicing is everything. Whales love these opportunities to buy now and are happy to sell you back your coins when the market is rising again because then your FOMO kicks in. Many people are stupid again at this point. It is literally free money for everybody who is not entirely stupid.

I also could be wrong of course. My portfolio is down about 60% over the last 2 weeks. But I didn't sell a single coin so far. I even took a small loan to buy some cheap coins which I expect to rise again after the next pump.

Who else didn't sell anything and thinks it will be the right course of action? Please elaborate.

[1715416490]

1715416490

[1715416490]

1715416490

[McWorse]

I didn't sold a single coin. Quiet the reverse: Just filled my bags.

But what I did:
Wasted a few thoughts on the lost opportunities. If I would have sold everything a few weeks ago and bought everything back now, I would have doubled my coins at least.
But:
Would, would, would ...
I wiped these thoughts away. Credited it as learning-lesson.

[KellyCoin]

The Crypto market is very volatile so its hard to predict what will rise and fall as it happens so quickly. But once you invest in coins with a good product and community in the long run they will go up. So selling in times like these just hold if you are nervous or buy if you really believe in the project. You haven't took a loss until you sell at a loss.

[Anno MMXVI]

I sold none of my altcoins, for the simple reason that I was not available when all of that happened, and moreover I think it has no point to sell coins at a loss...

[Kema]

I've done some trades but I didn't sell anything because of the bloodbath. Yes, the value of the portfolio is going down but I've increased my holdings. (Increased number of coins held...)

[Fatunad]

I think it is stupid to sell now. You sell low, you lose your profits. Simple as that. Patience and not panicing is everything. Whales love these opportunities to buy now and are happy to sell you back your coins when the market is rising again because then your FOMO kicks in. Many people are stupid again at this point. It is literally free money for everybody who is not entirely stupid.

I also could be wrong of course. My portfolio is down about 60% over the last 2 weeks. But I didn't sell a single coin so far. I even took a small loan to buy some cheap coins which I expect to rise again after the next pump.

Who else didn't sell anything and thinks it will be the right course of action? Please elaborate.

This is not always the case because panic selling sometimes do give you some advantage not only on pure lose or dumb decisions but most of the time panic selling doesnt really give good thing into us specially for us coin holders. Its really hard to avoid or control ones emotion when we are seeing that our portfolio is gradually decreasing. The sense of panic will surely come out normally in a person but there are people who can able to manage it since they do know on what would be the benefits on holding till the end.

[IamAltcoinfan]

Even i dint sell single coin including bitcoin and also am buying as much i can alt coin not really cheap coins but some good potential alt coins like waves,ethereum,nem and few others.

[chesatochi]

I did not sell anything in my cryptocurrency portfolio when you not sell, technically you have not lost anything.

[Aratatat]

I have sold some on the way down but will not sell anything at current prices. The market will turn around sooner or later.

[White sugar]

Sold before today. And it is going lower.
Situation isn't good now.

[chichidori]

After the sudden burst of all altcoin and buying DGB at 2.6k sat and seeing it plummet like a rocket ship that lost its engine, yeah i think i need to hold for a long time and wait for the next pump

[BitWhale]

I honestly haven't sold any bitcoins. I sold my Sia back when it was 650+ and now only hold Eth, Btc, & Gbyte (free).

If we have major problems come Aug 1st, I will buy more Bitcoin cheaply with Fiat, I don't think we will see Sub-$1000 prices unless shit truly hits the fan.

If all goes smoothly Aug 1st, we should see new bitcoin highs imo. This last run was only the first wave of public awareness. We got at least one more to go before I'm selling anything.

Worst case scenario, I hold out for the next rise in a year or two with coins I bought sub-$500.

[BitcoinHodler]

I think it is stupid to sell now. You sell low, you lose your profits. Simple as that. Patience and not panicing is everything. Whales love these opportunities to buy now and are happy to sell you back your coins when the market is rising again because then your FOMO kicks in. Many people are stupid again at this point. It is literally free money for everybody who is not entirely stupid.

I also could be wrong of course. My portfolio is down about 60% over the last 2 weeks. But I didn't sell a single coin so far. I even took a small loan to buy some cheap coins which I expect to rise again after the next pump.

Who else didn't sell anything and thinks it will be the right course of action? Please elaborate.

i am sorry but this is dumb. and i disagree with most of what you said.

it may be a bad time to sell NOW, because prices already dropped a lot and some of them are recovering as we speak. but
that doesn't mean there will be any FOMO,
that doesn't mean they will rise back up to where you bought them at or to their ATH.

it simply means there is a small recovery after a big dump.

also you are making the biggest mistake of all times. you lost 60%! that is a huge amount. it is not something to be proud of, it is not even a correct decision to keep holding in a dropping market! and worst of all to borrow money to lose it!

i assure you majority of these altcoins won't see their ATH ever and for a couple of them it may take months and lots of pumping to get there again.

always sell when there is a dump starting. don't wait around and if you really believe in what you have invested in then buy back at the bottom.

as a bitcoin hodler i even sold some small amounts before the panic kicked in because i knew about the FUD and i am already setting up my buy orders.

[williamuk]

For what it's worth I sold two thirds of what I was holding.

My objective is to make profits so I there is no reason for me to hold on to something I expect to fall in price. Planning for losses is not part of my book.

I'll decide what to do next after Aug 1st when things should become clearer.

Edit to add: borrowing money to invest in something as speculative as crypto has to be very unwise. I wouldn't do it.

[Heimer]

I'm still hodling my small stack of Golem (currently worth -60% of my initial inv)

[jjacob]

I think it is stupid to sell now. You sell low, you lose your profits. Simple as that. Patience and not panicing is everything. Whales love these opportunities to buy now and are happy to sell you back your coins when the market is rising again because then your FOMO kicks in. Many people are stupid again at this point. It is literally free money for everybody who is not entirely stupid.

I also could be wrong of course. My portfolio is down about 60% over the last 2 weeks. But I didn't sell a single coin so far. I even took a small loan to buy some cheap coins which I expect to rise again after the next pump.

Who else didn't sell anything and thinks it will be the right course of action? Please elaborate.

I am holding on too. The fear of missing out is too strong.
I won't book my paper profits and have the capability to hold for the long term. I won't be giving the whales any opportunity.

[Invester]

I did not sell anything because I do not want to sell while losing. If my investment has terrible losses I would rather hold it than sell and accumulate losses. The sad thing is that I was one of those who are holding some when the serious dipping of price happened. Until now I am acquiring losses. And so I think the wisest thing to do is wait for them to regain price.

[Evlve]

Shifted everything into long term projects I believe in before it really dumped. Probably should have sold so I could reinvest at the bottom but live and learn. I'll just buy more and get my average down.

Only price that matters is the sell price

[acpr23]

In my case i Sold before the dip, and buy again at low maybe it is much better than holding, the money will grow much faster inthat way that is my style just saying though

[nydiacaskey01]

Sold some coins today not because of the August 1 thing but because I need some fiat to pay some of my liabilities but given the chance that I don't have anything yet to pay, I will continue to hold and probably buy some more if I have a spare since I consider this days as a grand sale of coins, get them while they are at discounted price.