Why are you selling your altcoins so soon?

[youyou_]

i didn't sell my altcoins so soon  because some of the most promising coins  I believe their prices will be very high,I keep on my wallet .

[Euroda]

Because i do believe that it will pump much more than before so this is the best time to hold your altcoins and if you hold them you will get a lot of profits if you cut the lose of your portfolio and sorts

[Pitparker]

If that is old altcoin, I will not be in a hurry to sell it, because chances are its value will continue to rise. It's different if it's new altcoin or ICO coins I'll sell it soon because I'm afraid if it holds it too long then its value will go down.

[MeongElek]

To me, the bravest person is the one who holds the altcoin for a long time. So those who already sell altcoin too fast, because there is a sense of panic in him. They are afraid the price will fall at any time.

[Schirer]

I tend to sell half of my alts when I recive the bounty, since i have had a lot of bad experiences .
For example I had tokens which where very fine but adter a month they got hacked and robbed, I lost 70% of  value.

[annawill3]

When I read the news and I understand that this is a lie, but many people when they find out they suddenly start selling coins. In this case, I'm not always sure that the coin will be able to recover after such a dump and also I'll sell it off, too

[Ricowavy]

Selling altcoins soon sometimes depends on different circumstances. For instance , I invested in an ICo and after it launched on exchange, it was selling below ico price then I didn't sell because I understand the downtrend of the market, and the project is suppose to launch a roadmap that will drive up the price but they kept postponing the roadmap and missed the timeline about 3times, so I realise the project is not serious and I had to sell off the coin and looking back I don't regret I did that.

[NoSkyLimit]

recently I like to pick and hold for long term as the short term has proved to be a wrong move for me. also I'm planning to keep what I can earn with bounties and I'm always carefull what projects to pick and mostly are a long term holding token/alt.

[Badhuamin]

for myself I just follow Altcoin's movement if the price goes up I sell it and vice versa if the low price I buy it.

[oaks05]

people hate losing so as soon as they see that red candle they sell, are they have there stop/loss triggered ive found it better to hold coins you really believe in, i dont try and do that short term profits stuff not worth it in my opinion.

[nvt2511]

Many people just put to much money in crypto . So when the price is falling or the price stop to grow, they start to panic and sell the coins. I never invest more than I can and  even if I lose everything that would not really hurt. I do not sell my coins so easy.

[Jakuhivili]

I am selling my altcoin  so early sometimes depends of the quality of the coin. We all know some coins would just pump when it enters the market then massively dumps after a week of so even within a day sometimes. We could sell it early then buy back at low price. I have bitwhite before which mooned when it enters the market. it was over 1000 usd in value when it it the market for the week. then dumped very hard afterwards. its value right now didn't even reached 100 usd. Very unlucky me for holding.

[hoangduongg01]

I sold it because i need money for my everyday living and to give some money to my parents. I will not sell it unless i dont need money. The next tokens that i will recieve, i will hold it for sure.

[Miz]

Most people are guided by the instincts when buying a coin. They buy a coin if its price rises, and they sell a coin if its price falls. In the first case, they are driven by greed, in the second - by fear. I think that this is wrong and more often it is necessary to do the opposite. We need to think a few steps forward.

[asdhzn8612616]

Personally, I do not sell altr coins that were bought as long-term investments. Someone sell altcoins at the beginning of the price drop. And then they are bought again at the bottom. thus increasing the number of coins.

[Kyo Kusanagi]

I didn't sell any cryptocurrency I had, and when Ethereum fell to $400, I bought it. I think it will have a lot of upside in the future, so I believe I can get a good return.

[Muzika]

people are selling their coin very soon because they are waiting for the price to come up again. Because if the coin is currently released on exchange the price will dump because of the bounty hunters so if they sell their coin immediately they would not be able to earn a good income.

[DonaldTramponald]

I sell some altcoins quickly.  If I do not see any prospects in the coin, or the team does not follow the road map, then I sell my altcoyin.  Also I can sell coins, which have a competitor with a lot of advantages.  But most often I keep coins for a long time.

[lghdt943]

I think most of them are panic selling. They only care about the immediate interests without looking at the future of the cryptocurrency they buy. I don't think we should sell the coins in the hands of current price fluctuations.

[JovhanHermias]

Because after the releasing of the coin the price is its peak so other people will sell them for good but some other will hold until the coin reach the right amount of price.