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Author Topic: Why are you selling your altcoins so soon?  (Read 11493 times)
teeshe
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September 07, 2018, 01:51:59 PM
 #1881

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?

The long bear season in 2018 has made many sell their altcoins since most of them have not appreciated much in value. I however agree with you that altcoins could be likened to original painting that has a potential to or still in the process of appreciating in value.
tatalin
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September 07, 2018, 01:56:20 PM
 #1882

Maybe because they see their altcoins as for short-term investment only. Every one of us has different opinions on every token. But I guess, it is good also to sell their altcoins in exchange for Bitcoin. Because Bitcoin is one of the best investment. Actually, 50% of my portfolio is composed of Bitcoin.

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Gaquaduonier
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September 07, 2018, 02:08:46 PM
 #1883

 I sell altcoins quickly because of the necessity of life that is now expensive and most in worry if not quickly sold the market price of fear down and not rise again.
Douglasyukanov
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September 07, 2018, 02:19:22 PM
 #1884

It seems, all depends on the needs of each person.
If financially your needs and your family are fulfilled, then you can choose to keep holding the altcoin assets that you have.
I personally prefer to keep holding my crypto assets, I only sell them when I have a need that is very urgent because we never know when that urgent need comes.
sylviazapanta19
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September 07, 2018, 02:20:19 PM
 #1885

Got rid of a lot of my smaller ones, now just holding a few of the bigger coins and investing into ICOs. A lot of the alts are 2-3 years old and done nothing so far.
aaaxn
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September 07, 2018, 02:32:01 PM
 #1886

A real investor does not sell the assets in which he invested money before they do not bring him income. Altcoins are selling fast - green investors (usually in the pursuit of a hype), traders, early investors in ico (when they immediately benefit from the sale and so they reduce risks), bounty hunters.


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Bagaji
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September 07, 2018, 02:33:59 PM
 #1887

I sell most of my Tokens mainly because study has it that after the lunch on the exchange there is high probability that their market value will decrease significantly as compared to what there value was during the ICO. Although not just study but I have learn a had lesson from holding Tokens for a long period of time in the recent time, and that is my reason for selling my Tokens.  
cryptoexpress
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September 07, 2018, 04:46:23 PM
 #1888

There must be certain reasons that they sell Altcoin that fast. Chances are they saw that the Coins Price in Altcoin was doing well, so they sold them simultaneously. Or maybe there are other causes, like the marriage of a coin, so that they sell coins at low prices and others. Maybe that's all the cause.
olarrtt
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September 07, 2018, 04:53:23 PM
 #1889

I know it's kinda hard selling your coins cheap, but sometimes selling off quick when the market is dipping might be the right move insuch a way, that when you sell off and it continues dipping, you can buy more instead of just hodling and your coins dips with you.
It's called accepting defeated but not being a coward, u will later win
priyankg3
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September 07, 2018, 05:07:06 PM
 #1890

Mostly people have fear and they expect x10 in 1 week, they dont see the result, they think that they have lost their money and so they sell
I'm holding all my altcoins waiting for all the completment of the project  and then i'll choose what to do
Now it's the time to buy!
archierabe100
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September 07, 2018, 05:16:48 PM
 #1891

Its not yet the right time bo  Sad It would be a loss if we sell our altcoins and not waiting for the right time and better to wait before christmas and just hoard more altcoins and sell it by next year maybe.
serejandmyself
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September 07, 2018, 05:20:40 PM
 #1892

Sometimes.not a bad idea to sell tokens if the project has no development changes or roadmap militants achievements. Some other projects are just a hidden scam. Then I would sell as well.

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September 07, 2018, 05:21:54 PM
 #1893

At the moment I have almost no alternative coins, because I sold them. Now it is very dangerous to keep alternative coins for several months.

nx24tan180n
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September 07, 2018, 05:22:21 PM
 #1894

I constantly sold my crypto money, just in the event that I required cash to take care of my issues throughout everyday life, tragically I needed to sold it regularly and now I think twice about it. I trust that I will keep away from such errors in future.
olarrtt
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September 08, 2018, 05:16:06 AM
 #1895

I constantly sold my crypto money, just in the event that I required cash to take care of my issues throughout everyday life, tragically I needed to sold it regularly and now I think twice about it. I trust that I will keep away from such errors in future.

What you are going through is typically normal. cryptocurrency as we know it requires being fundamentally ok with money. sometimes when you say your going and when that's when you are broke the best thing for you to do is just stay away from the market and do something else that will give you money then you come back to the market.
 Also, studying the market is very essential
Andrey995
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September 09, 2018, 06:41:06 AM
 #1896

Some coins I am selling but I have a lot coins that I am holding for making profit in the future

drevorub
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September 09, 2018, 08:32:41 AM
 #1897

You have to believe that the coins you invest will definitely have more value in the future.
gune68gune
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September 09, 2018, 08:39:27 AM
 #1898

You have to believe that the coins you invest will definitely have more value in the future.

Trust is needed in investment, but everyone has different interests. Market conditions are also not stable at this time. This can encourage each holder to sell their coins immediately, and the most urgent is the reason to fulfill their needs.
Bas01
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September 09, 2018, 08:42:58 AM
 #1899

Of course I have a variety of reasons. The first one, because I need money for a spur of the moment. The second reason, because I see an opportunity potentially more coins, so I am selling to buy the new coins. Wink
yuniguai
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September 09, 2018, 08:43:36 AM
 #1900

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?
I think the most important reason is that because of the ICO scam, many people are cheated by investing in ICO, so everyone is very cautious, as long as there is a little profit, they are eager to sell arbitrage. These fraudsters almost destroyed the ICO.
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