farland7
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Activity: 364
Merit: 10
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March 17, 2018, 12:01:19 PM |
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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?
Most people focus only on growth, if the coin grows they buy it, fall into the bottom - get rid of. I think it's wrong and I have to think for a long term.
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Lewoll
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Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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March 17, 2018, 12:05:26 PM |
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There are numbers of reasons why people sell their coins too soon but for me it's better to keep them on my wallet because the market is now on it's way for recovering and soon my Crypto Assets will be back and hit it's highest peak that was the highest worth of value this last January. My friends sell their altcoins so soon because they want to use it on their personal needs.
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Lewoll
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Activity: 196
Merit: 14
I don't think sMerit harvesting is a serious crime
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March 17, 2018, 12:08:11 PM |
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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?
Most people focus only on growth, if the coin grows they buy it, fall into the bottom - get rid of. I think it's wrong and I have to think for a long term. There some points that Cryptos aren't growing so they sell it and hold altcoins that are indeed pumping. In my case, I choose to hold because I want to earn more and will soon come back home and start my new lifestyle and enjoy the benefit of Crypto to my family. I didn't sell off my Altcoins too soon because I can provide my family's basic needs through my job salary.
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seek4dream
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March 17, 2018, 12:39:16 PM |
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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 guess most of people are buying into altcoins for short term profit. It is always risky to hold them long term. Anyway it is also possible to gain good profit.
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alrez
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Activity: 134
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March 17, 2018, 01:06:00 PM |
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because I need fast money, so I sell my altcoin immediately, maybe because you already have excess money, then you can save it for longer. maybe if my basic needs are fulfilled and excess will do the same thing as you.
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[soks]
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March 17, 2018, 01:09:41 PM |
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We really needed money. But I found a way out and did not sell my ETH for nothing.
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Tidsdilatation
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March 17, 2018, 01:20:46 PM |
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Which altcoins are you refering to? ERC20 Tokens are useless, and those i sell for BTC as fast as i get my hands on them. Too risky. But then we have altcoins such as Zencash who has alot of positive upside, good dev team, good tech.
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insomnia79
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March 17, 2018, 03:06:59 PM |
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Yes, I think when we do it we just make the market of the coin is bad, so we need to hold and find the right time to sell it, when the price is in the highest price, I think when you do it you cant get anything, or you just lost and not worth it
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cryptokudi
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Merit: 10
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March 17, 2018, 04:46:59 PM |
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Not all investors are selling altcoins out of fear. There are some who sell it to diversify their portfolio or cut loss. It means they are selling it temporarily and once the market is done in red, they will immediately buy back again. Only long-term investors are holding it, while those active traders diversify their portfolio to get more profit.
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jekyde
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Activity: 252
Merit: 16
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March 17, 2018, 04:50:47 PM |
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I'm not planning on it. Many are now locked into loss - and must be HODLed. I never sell at a loss... I'm happy to wait for years if need be, or for the project to outright fail (but then, I don't typically put huge amounts in alts in the first place). The secret with crypto, of course, is to only invest what you can lose - so I've said goodbye to that money already (symbolically speaking). Whatever I make, is then a bonus .
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VSOP_VSOP
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March 17, 2018, 06:40:08 PM |
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The most insulting is when you sold the coins and the price went up sharply:) At this time you feel very uncomfortable, but I'm used to it already.
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Feuerbach
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March 17, 2018, 08:34:26 PM |
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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 agree that you do not need to sell altcoins until they have grown in price. Who commits panic sales, he is very wrong
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1l1l11ll1l
Legendary
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Merit: 1000
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March 17, 2018, 08:37:04 PM |
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It's because everyone's economic situation is different, even though they have a strong desire to hold, but because of the pressures of life that require it to sell it to meet the needs of life, because I'm sure also not a few people who rely on altcoins
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Name_none
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May the power be with you!
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March 17, 2018, 08:42:48 PM |
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Because in major cases the coin or token value of a project is hard decreased after their launch on a platform
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arthurgrand
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Merit: 1
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March 17, 2018, 08:44:02 PM |
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With the present market bloodbath in the market, I can only hodl tokens of projects I highly believe in. All other projects I have fud in, I sell off
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edwardnortonn
Newbie
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March 17, 2018, 08:56:00 PM |
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Most people have panicked and sold of their alts because of the current markets situation, the prices have dropped and most coins have lost value, but its too early to sell, im still holding on to mine.
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1 currency now
Full Member
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Activity: 235
Merit: 101
a sharp sword
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March 17, 2018, 09:00:24 PM |
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The most insulting is when you sold the coins and the price went up sharply:) At this time you feel very uncomfortable, but I'm used to it already.
I think that almost everyone that sold a coin somewhere has experienced that before. The coin has about a 90% chance of pumping if you dump lol
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OG member. Brian Ray
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OrangeSeller
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March 19, 2018, 07:08:33 AM |
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Yes, I think when we do it we just make the market of the coin is bad, so we need to hold and find the right time to sell it, when the price is in the highest price, I think when you do it you cant get anything, or you just lost and not worth it
All those who are selling off their altcoins so soon are going to regret of what all they are doing right now in the future as the market value of almost all the altcoins will surely increase soon and that this will give you an opportunity of having a greater profit as well but for that you need to wait for little longer and that you only need to stay cool and calm by holding your coins until things get better.
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webmone
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March 22, 2018, 07:52:02 AM |
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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 am selling my altcoins soon because these coins has grown and I don’t see any other way how the price will come higher. The price is on the top. This is the only main reason for selling my coins.
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Ponya
Copper Member
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March 22, 2018, 07:55:21 AM |
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It depends on how many alt you have. Partly you can hold another sell, why not. Selling all the count not so smart.
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