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Author Topic: Why are you selling your altcoins so soon?  (Read 11355 times)
cbeew3
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August 07, 2018, 08:33:20 AM
 #1441

Because cryptocurrencies continue to fall in this year's market, and prices fall very badly. So I have to sell them. Otherwise I will lose more. But the price is now very low, I think we can choose to invest at this time.
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infinity33
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August 07, 2018, 10:11:53 AM
 #1442

I only sell during this period only if I need money for emergencies.
The best strategy is to sell a portion of your coins when the market is high, so you don't have to cash in when the market is now down

And others who buy more of them.
When the market goes down it is a good opportunity to buy coins at very cheap prices



I don't sell my altcoins during the dip, I just monitor the market price everyday to see whether any changes is happening, but if I really need money, I don't have a choice but to sell some portion of it only, and not the whole alts that i have.
anng3lheart1
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August 07, 2018, 10:12:38 AM
 #1443

Maybe because theyre afraid to lose all of their money so they are diciding to sell it very quick so that instead of losing all they can earn a little but they didnt know that in every patience there is a good and betrer result so if you wait for the value or the price to rise up again. There is a big possibility that you earn larger amount of income. 
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August 07, 2018, 10:16:49 AM
 #1444

People sell their Altcoin for different reasons. These reasons could by an emergency  spending,  commitment, rent,  food etc.  If people have reasons to sell,  there is no need to wait,  just sell and get your need met!

Vendetta666
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August 07, 2018, 10:22:15 AM
 #1445

I am selling my altcoins because I'm in need of money and not about anything. It doesn't mean that I am afraid that my investments will loose and my coin will drop, its not about that. I can continue to invest whenever I wanted to so I don't care if the market price is down now.
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August 07, 2018, 10:22:42 AM
 #1446

I think the way you use it is also almost the same as the way we are all here in the face of a market decline. Withstand it for some time until they get development. Only after that do we sell it. But of course, the coins we hold are also potential coins with good prospects in the future. So, we are not in vain and get what we hope for.
As for the coins that I think have less potential to become good altcoins in the future, then I will as soon as possible to sell them or exchange them for other coins that are far more feasible.

People are usually afraid to hold the coins because of the no-stability of the prices and the market, and in one side they are correct because it's a high risk.
I'm the one that I don't usually sell the coins immediately if I really don't need that money then I leave it where it was and hold it for a longer time.
Many of us had the chance to sell when the price of bitcoin was $20k but we hesitate with a hope that i will go $50k but we are seeing at $6k.

Therefore, it is necessary to sell part of the coins and fix profits, and if you believe in the project then the remaining coins hold as a long-term investment.
The main thing is that you had a plan and you clearly understood what you are doing.
kingter godd
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August 07, 2018, 10:27:56 AM
 #1447

I myself usually sell my altcoin when there is an urgent sudden need. The second reason is to buy coins that taste more likely. and the third reason is that I transmit with BTC as a long-term investment.
cryptopranto
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August 07, 2018, 10:30:54 AM
 #1448

I would say I'm a trader. so i can't stay on hold like you.I can't.  It's risky but more fun way to earn money in trading than stay lazy by holding my bag of coin. I just can't hold. So there are many people like me for whom trading is money.
aizkicaumania
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August 07, 2018, 12:31:53 PM
 #1449

I sell my altcoin because I need money if I don't need money I will hold it until the price goes up

Of course it can take a lot of time, but in this case I don't lose anything

Therefore, if the market is up, I will sell it for daily needs
Isabella.21joy
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August 07, 2018, 02:48:38 PM
 #1450

I am not selling but I see that lots of people doing panic sell of their coins because of market down. I am holding my coins because I know one day I will get good return from these coins.
Shansov
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August 07, 2018, 02:56:06 PM
 #1451

I immediately sell their alcony as immediately in need of money. And there's no time to wait .
Cryptokarl
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August 07, 2018, 02:56:39 PM
 #1452

Many people are selling off their altcoins because of the recent price fall. The market has been in a depressing state for a long time and this has been an issue for most people as they sold off their coins and felt that the price would go down more. This is why every investor must invest what he or she can afford to lose
joeflicker
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August 07, 2018, 02:59:11 PM
 #1453

Many people out fear off getting so many loss in the short time that they are investing. They was suggested by many issues about bitcoin and other crypto coins that will have no future. But I think it is the bald opinion, it makes many people scared to investing in altcoin and crypto, they would take action by selling all of their holdings to avoid more financial loss.
Denigmatic
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August 07, 2018, 03:00:22 PM
 #1454

Some investors are traders when they see opportunities in bitcoins and do not have reserve money to buy bitcoins, the only way is to sell their assets. Perhaps this is called market trends.
usantosdavis425
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August 07, 2018, 03:03:54 PM
 #1455

Investing in the digital money market is always risky. But sometimes the movement of the market will make some small investors oscillate and sell off the coin. That is the current state of affairs
paulscathedral
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August 07, 2018, 03:19:42 PM
 #1456

I don't. I have absolutely the reverse of a breakdown - I do not sell them too long. It's possible I'm losing a lot of money. But I just don't have the time to check the charts on a daily basis. That's why I'm holding almost all cryptocurrency that I ever earned.
Bitrecords
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August 07, 2018, 03:22:17 PM
 #1457

Some people try to sell their alcotek because they think that the market is going down, they agreed to sell altcoin to compensate for the losses. For this reason, the Crypto market plummeted. The bad news from the market made investors afraid, they are afraid that the BTC is a bubble, then BTC will drag the other altkome, sharply declining.
goku21
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August 07, 2018, 03:25:10 PM
 #1458

Now hold first because the holders and altcoin holders have fallen and lost so long before they can recover the market and then sell altcoin if the price is high for somehow to recover the losses just hold the best way to earn big.
KSHMR
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August 07, 2018, 03:27:21 PM
 #1459

They sell their coin so soon because they're expecting big in return. Selling coin immediately will get you a small money in return. That is why many people like holding their coin for a long time because they expect something big in return.
NOTORIOUST1
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August 07, 2018, 03:31:38 PM
 #1460

Some people are turning some profits even in this bear market and they're selling to take profits some are just happy to break even and some are just plain stupid selling coins with a 70%+ loss  Grin but yeah i get it, it really doesn't make much sense if you hodled all the way down and choose to sell on a huge loss, the moment you dump those "losers" is the moment they will pump  Wink
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