Why are you selling your altcoins so soon?

[unplug]

I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

So tell me, why are you selling your altscoins so soon?

We bounty hunters have different reasons why we sell our coins. And in my situation I sell my altcoins because of financial needs.
But I'm hoping that someday I can hold my coin and seel it to a better price and gain a lot of profit of my hardwork..

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[Cryptomonyet]

Usually I sell Altcoin because of panic, even people always do this especially people who are trading with emotion. Or maybe it's because I see if the Altcoin that i'm holding is no development from the developer and there's no future because of that, sell it soon is the best way.

[Btcepenbob]

Sometimes patience can lead as to loss. All we need to do is to set our limit on not dreaming to much. Achieving half of our target profit is enough for a market like cryptocurrency.

[cryptogeek101]

I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

So tell me, why are you selling your altscoins so soon?

Many came doing bounty hunting because of the monetary involvement of the business, they need a job to feed their family and take care of themselves,so that why they are selling their coins so early, however investors need to keep their coins for a long term so as to make profit.

[jame lie]

Because I need money, but I hold a lot of alts actually, depends on daytime and exchange ratings, and the current price of course.

[yora12]

the situation may differ from person to person, some people sell when they need money or when they invest in other projects. Or some are panic seller and are afraid to hold.

[INAQAMAQQU]

Everyone are panic selling now because we hear bad news about bitcoin every day that make a lot of people scare if they lost their asset so they decide to sell instantly.

[MoreMoneyHunt]

I don't criticize anyone for selling their coins if only it is guided by a goal in the sense that you made a profit from your sale. The issue comes in when you buy at high price and due to panic, sell at low price. In situations like this, you enrich the investment portfolio of others who take advantage of the weak hands.

[phucphotphe.09]

I did make some cut loss on coins that I think aren't improving prices too soon. If your analysis says it will go deeper then I think a cut loss is not bad and then rebuy it cheaper and hold. Though I am simply holding most of my coins for now despite suffering some losses too.

[reverseflash]

Some altcoin have no chances to go up in price therefore it is better to sell them directly. If to think about the rest, then: some people sell directly altcoin because need money, some people don't want to spend time monitoring oscillations of a large number of coins and they buy bitcoin for example. And of course people not always understand as the market of cryptocurrencies works and they at once sell any coins after receiving.

[phutgiaydinhmenh143]

I usually invest in the TOP 10 on a coinmarketcap, because I can not rely on new coins. But with the new coins, there is often a big change in the rate due to such unsure traders

[trisdivergent1201]

I am one of those people who sell my altcoin so soon. It is not because I am afraid of the dropping price or negative news about crypto but because I need a cash to use for my family's important needs.

[lalatao73]

I prefer hold the acquired altcoins for several months, then I analyze the situation and prospects of a particular project. If his business is going well, the project is used by people, then I keep hold. But otherwise - I'm starting to sell.

[tungduong598]

I once sold altcoin so fast because I needed money and was in debt. I sometimes regret selling my altcoin so fast before the coin starts to rise. So this time when I get paid bounty of altcoin, I will be patient to hold and keep it.

[saobien1920]

They have that panic selling feeling because of what we saw about the standing of the market they think that the coin that they are holding would not recover anymore on the other side there are really coins that cannot recover.

[tyronecoinbit]

Actually, we have different thoughts that we may try to set a goal for the value that we are wishing for the altcoins that we choose. Selling our altcoins soon which it is a profitable amount that we want to reach. In some situation we want to sell it due for some emergency proposes as the urgency money that we want. I believe someday I can have as much as money that I have in the future because right now, I hold some tokens that can have a great amount of profit in the future.

[seek4dream]

We shouldn't be surprised while people sell altcoins now.
Basically every person or investor has different judgments and knowledge. even more so in altcoin sales.
Yes, I agree some people are in panic mode, but not for all.
I was involved with trading, but I have some altcoins that I keep for a long time.

[rraymundo]

I think people are selling their altcoins so soon because well there are different reasons I think financial need, afraid that the whales will pump and dump and so on. I have a friend that waited for his coin to pump, in the initial week the coin reached phenomenal height, so he decided to HODL it. But then whales started dumping their coins, the coin value plummeted to unimaginable price. So he regretted not selling his coin. I think it's a case to case basis. I think the best decision will always comes from you.

[karramov]

I agree with you. It is better not to sell your coins at once. But there are cases when it is better to do it now because then they do not cease to have any price

[bbnt81]

Dont get bothered by people who sell. They are either dumpers (for purpose) or weak hands.
I keep all my coins because I believe in projects that I invest in.