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Author Topic: Why are you selling your altcoins so soon?  (Read 11355 times)
kokrokok
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September 28, 2018, 06:33:30 AM
 #2061

I have a lot of coins but I don't sell all the coins that I have, I only sell coins when I need money or the coin in my opinion does not have much development maybe many people do that and have thoughts like me

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CutePanda
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September 28, 2018, 06:41:10 AM
 #2062

I sell my alts so fast because i need money and i don't trust my coins anymore because they can't kept their promise to community. I don't want to hold that coins i don't trust anymore.

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Ruby_Official
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September 28, 2018, 06:51:50 AM
 #2063

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?
That's why people don't trust the project as long-term one.
If an exchange can persuade investors to hold as long-term. it would be nice.
But it usually fails.
There is one altcoin that wants to be a long-term exchange, Ruby-X.
The coin of Ruby-X, RBY is one of them. Visit our website and get more information : ruby-x.io Smiley

Thanks

Dinct
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September 28, 2018, 04:01:32 PM
 #2064

Because I bought a potential altcoin at a cheap price. like eth, bitcoin cash, litecoin at this time the prices on the exchange are very cheap. I'm sure my altcoin will be good in the future.
ATSgrowth
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September 28, 2018, 04:24:01 PM
 #2065

I am not selling my altcoins, I know that if I do not sell - I am not in a loss. So the worst thing is to sell when everyone is selling and also it is not good to buy when everyone is buying (late 2017, do you remember?)

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rahul10948
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September 28, 2018, 04:31:42 PM
 #2066

Some particularly promising coins I continue to keep on my wallet as well as bitcoin, as I believe that their price will be very high. I think people sell because they use alts as simply for alternative. They don't actually trust it as a storage instead they make money then transfer it in a wallet which they really want. So this may be the reason or its simple trading
Baimovic
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September 28, 2018, 04:52:43 PM
 #2067

My goal of entering Crypto was to fulfill my needs so that if the need came then I sold my coins even though I wanted to hold it even longer because there were things that we could only finish now and that was the most important to me. after all we can buy it again if we have more capital because crypto is open to anyone.

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September 28, 2018, 04:55:51 PM
 #2068

Most of the people who have recently joined crypto community and started investing /trading are not aware of what they are doing and why. Buy-sell-gain. Sometimes lose.  Get rich tomorrow.
oriremeji
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September 28, 2018, 05:03:09 PM
 #2069

I think they are panic sellers once they see their altcoins are red in the market they gonna sell right away, seems like many newbies are investors. For me I want to sell my altcoins if I need money or I sell it once they hit my target price, I just keep holding my altcoin right now
devinks
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September 28, 2018, 05:27:42 PM
 #2070

Maybe because of the bad market reaction plus the negative news that made people panic fear the market collapsed so they sell off their altcoin.
panic happened because they didn't trust crypto and easily complained about the price. maybe it could be because the person is in desperate need of money so selling coins quickly.
Naitik
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September 28, 2018, 05:31:55 PM
 #2071

Because everyone is running towards the predictions made by some reviewers about the price. But if bitcoin price increases each and every coin will increase its price. So it is just a misconception of just holding the bitcoins. 
Tim Murray
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September 28, 2018, 05:48:19 PM
 #2072

I'm not in a hurry to sell my altcoins. But I think, many people do. Because they are afraid that altcoins will disappear from the market. But I'm not afraid, because I do not believe.
Cianix
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September 28, 2018, 05:50:11 PM
 #2073

most people begin to invest all their money to the penny, forgetting about the rules of investment, and because of this, and begin to panic and sell at the bottom !

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September 29, 2018, 05:47:00 AM
 #2074

I do not sell all my coins, in my opinion it's just pointless. Yes, the market is in a drawdown, but it's temporary. Why does everyone raise panic and start selling coins, do you really not understand that because of such as you market falls even lower.
kaltar
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September 29, 2018, 06:16:47 AM
 #2075

I am also surprised by people who are in a hurry to sell their coins. On this forum constantly write about expediency long-term holding, but most newbies make the same mistake. Probably, to hold coins for a long time, you need to understand the prospects of crypto and truly believe in the inevitable growth of the market.
wall101
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September 29, 2018, 01:13:52 PM
 #2076

I'm selling my altcoins so soon because i dont like to drops my coin's price to avoid some lose of funds what i invested. It's ok to be wise than thinking some prediction that impossible will happen. Cool
mine2slow
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September 29, 2018, 09:56:00 PM
 #2077

Even till now, i still feel most altcoins should still be on hodl, because the market has every tendency to to rise. The year i perceive looks very much promising, not for bitcoin alone, but also for most altcoins. For instance, i have invested into some altcoins that as of now, they are moving on the upward trend. So, we this , i still believ that there are other good altcoins that worth investing in. Most times, investing into alts, brings more profit thanks

You're optimistic, and I'm happy about this! But you didn't give any concrete recommendations, though you said that you had invested in rising projects. Tell us more about these projects, please! As for me, I think, we better invest in BTC and BNB - these are win-win options!
CryptoAlphaStar
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September 29, 2018, 10:06:42 PM
 #2078

Currently, I am selling my altcoins as soon as possible not because the projects are bad, but because the whole sentiment around ICOs is pretty negative and the market doesn't want to buy altcoins.
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September 29, 2018, 10:11:51 PM
 #2079

Currently, I am selling my altcoins as soon as possible not because the projects are bad, but because the whole sentiment around ICOs is pretty negative and the market doesn't want to buy altcoins.
I think that you are selling your coins in vain. In any case, if you kept them, then in the future your coins would have a much better price than they have today.
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September 29, 2018, 10:12:11 PM
 #2080

If the altcoin has only speculative value, but useless in ordinary life (cannot be exchanged to valuable services) then its price is a bubble. This bubble will inevitable crash. So choose the altcoins wisely. Look at internal value.
I can recommend you Kamagames token sale. This company (Kamagames) was established in 2010 and has 12 mobile games, which generate $57M of annual sales. So its token can be exchanged for in-game currency that is internal value.
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