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Author Topic: Why are you selling your altcoins so soon?  (Read 11493 times)
kuyaJ
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May 15, 2018, 04:44:37 PM
 #761

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?
Not all the altcoins will survive  man.You want to hold for long term , just do it . Sell and buy are the must of a normal market.

Some altcoins also died or become a shit coin that you feel useless.  It is good to hear that you have a money than you hold for the trash. 

I am also one of the person who sell alt coin for bitcoins because i believe in bitcoin than alt coins.
mr.robot8
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May 15, 2018, 05:24:18 PM
 #762

i personally try to combine the two things hold for long term and trading unfortunately i can not keep all the altcoin some i need for trading, however i never sell them at a loss
ivenconal
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May 15, 2018, 05:28:58 PM
 #763

I need them to provide my daily life because I am not doing anything beside in crypto. So its all about tummy, but I kept several coins in a small amount as an investment.
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May 15, 2018, 05:29:22 PM
 #764

People are selling their coins because the price got down but i think we should have patience to wait for the time when the price will rise and we can have profile out of it. So, currently I am holding my coins to wait till the price grow.
Perka
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May 15, 2018, 08:31:50 PM
 #765

Good time of day.I wouldn't say that quickly.But most of them get in the bounty.And enjoys the proverb - a bird in the hand than a crane in the sky.Always if you need money, it is necessary to sell and buy what you need.If there is a pump ,dump on it.And wait for the best price you can vslu your life!
Renu kapoor
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May 16, 2018, 08:28:21 AM
 #766

Selling and buying of coins if a routine in the market holding of big coins like BTC is important, while selling or trading of other coins is a business, some of the coins have short life so it is good to sell them before they admit in ICU, selling of altcoins means buying of other coins and be in the race.

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bright07
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May 16, 2018, 11:42:29 AM
 #767

I don't sell coin so soon. Whenever there is need of money, I sell only those coins through which give some margin. its price increases when  we hold them. If rate increases then you should sell. It depends on your need.
GrannyC
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May 16, 2018, 11:56:34 AM
 #768

I once sold altcoin so fast because I needed money and was in debt and I sometimes regret selling my altcoin so fast before the coin starts to rise, so next time when I get paid bounty of altcoin, I will be patient to hold and keep it.
Quymadi
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May 16, 2018, 11:58:41 AM
 #769

Because we want to take our money that we have earned, so we sell our tokens.
ourepts
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May 16, 2018, 12:03:01 PM
 #770

I think selling quickly may have a need factor that must be met. However, it can be caused because they panic sell fear of loss with a decreasing price. But for me only for the needs that will make me so quickly sell the alcoins that I have today.
Fredomago
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May 16, 2018, 12:06:04 PM
 #771

i personally try to combine the two things hold for long term and trading unfortunately i can not keep all the altcoin some i need for trading, however i never sell them at a loss
Better doing that, keep yourself in green and never to sell with loses, even small fractions of gains or break even is much better than losing money from this business, its really hard to predict our next move though there's some guides that we can follow when dealing with altcoins, check the progress and the usage of the coin before deciding to sell it out or hold it for much longer time.

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firozat01
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May 16, 2018, 12:15:04 PM
 #772

Most of them expect huge revenues when they invest in crypto,
Of course there are coins that must be sold very quickly shortly after their appearance on the market. The coins are very risky to buy, but it is true that in some cases you can generate many fold in one day with them.
ooxtcoo
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May 16, 2018, 08:17:00 PM
 #773

It's really up to the holder if he wants to sell his altcoins or not. I think the ones selling their altcoins right away are the people who badly need the money. Some are afraid of the online hackers who may steal their money. People who hold are those very high risk takers who want the best result for their investment.
maloibtc
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May 16, 2018, 08:19:01 PM
 #774

I don't trade altcoins because to my mind this is not the best way to earn money. Bitcoin can offer you much more if to compare it with altcoins and today more and more people start understanding this
artemdubina88
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May 16, 2018, 08:20:04 PM
 #775

When I see that the token does not have a future, I'm selling it! But I have a top token I've been holding them for a long time!
rossrusian9x
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May 17, 2018, 06:16:50 AM
 #776

I am not selling my altcoins yet but for people who are selling their altcoins, I think I can take two guesses
They have hit the target prices set for their coins so they are taking out their profits and waiting to buy back in at low prices
douglasdylan624
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May 17, 2018, 01:41:50 PM
 #777

It is regular trust issue. People go invest into altcoins to make bigger profits because of volatility. And they can't swallow it after dumps and leave them all along. I defend patience in this situation.
zekarsalih
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May 17, 2018, 10:30:03 PM
 #778

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.
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May 18, 2018, 06:55:19 AM
 #779

Graphs in cryptographic currencies may vary widely. Most people are guided by instincts when they get a coin, but I think this is a wrong approach. If you do not do research and analysis, you make mistakes. there has to act in an emotional way because of selling
wisdomcn
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May 18, 2018, 07:18:47 AM
 #780

Well if you compare the stability of altcoins price from February 2018 down wards and the from March 2018 upwards you will see the big difference. Now most people are selling their altcoin because of the instability of the price of altcoins for so months now. Recently is very easy for the price of altcoins to fall and difficult to rise. And the most investors in the cryptocurrency takes it as investment not as an asset.
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