Why are you selling your altcoins so soon?

[trudovik]

Probably the most common answer is still silent, because in fact many people just do not believe in projects, but then they get very upset because prices really are very good, after tokens or coins get on good exchanges.

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[CaptainKid]

All people want to profit from their coins, but not everyone has the restraint, experience, knowledge, someone needs money urgently, and someone gives in to emotions and negative news and sells his coins in a panic. My guess.

[mommysean]

ussually, i will sell my coins if i need the money.
Mostly people want to quick to earn some money that's why they sell it soon before the price is getting down.

[fina13]

i usually sell altcoin so soon because i see that it is promising and has progress or profit for long term

[Nagrogflaz]

poor market prices make many people panic and eventually they sell their altcoins even though there is a possibility the price goes up again but they are impatient and too afraid to hold back their altcoin longer in the wallet

[yhnshjka]

Because of its low market value, altcoins are not suitable for holding because the existence of whales will have a huge impact on prices.

[zocipro]

Most of the times we are selling our coins because we got tired of always waiting for the profit that has never came, but it is relevant, i think that there are a lot of things that are important too.

[inillo]

I am not I am hodling like in the old good times, because I know I am going to moon next year. I don´t want to look at CMC more than once every three months in fact.

[BitcoVast]

I do not like that which sells altcoin quickly and buy bitcoin, I will hold my altcoin until I get a profit. I think it's the same altcoin and bitcoin, luck that distinguishes

[Midori_Team]

At the beginning there was a "virtuoso" cycle … bitcoin raise the price and people sell altcoin to buy bitcoin …. and when bitcoin start to dump … people buy altcoins.

This was when there was few altcoins … now the market cap is split in so many altcoin that the game doesn't work too.


People now is always on searching the opportunity to become rich and they are not patient so ... they sell faster .... etc etc etc ....


To many factors are behind the "fast selling" .. too much to be listed here ....

[lancealtar]

I try to sell crypto currency as soon as I see that its rate is higher than the cost of buying at the ICO stage. I do not invest in crypto currency for a long time, the maximum is 2-3 months.

[yinoye]

There are two types of altcoins sellers. First the ones that are weak hands and sell in fear once they hear of any bad or negative Cryptos news and they don't even mind selling at loss. Second is the whales and market manipulators with the intention of crashing the market so as to buy and accumulate even more coins from the weak hands selling to them at loss.

[linhlinh1920]

Many altcoins can not develop confidently for years. Another drawback is that they are addicted to bitcoin, and very much. It makes at the slightest apprehension - gets rid of coins.   

[PJRLJRAC]

Possibly it was not of anxious as it were. After the entirety of it's unquestionably in light of the reasons for every one of us and the objectives to be accomplished, and also a different procedures in contributing, or exchanging and anything endeavors to be made. Likewise everything will be changed in accordance with the current conditions, chose to offering.. is unquestionably in view of the causes that is ready from of us.

[Boldmaxx]

 Most of the time, the altcoin that got sold or converted to BTC are either losing its value as at the time of sale or the owner just want to take some profits. Either way, it all depend on the condition of the market at the moment of sale.I sale my altcoin if my set target is reached.

[EiKaGlaShPriSAThWEl]

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 not selling my alts immediately. I am holding my altcoins because I am seeing a big profit in alts. I only not see it, coz I already proved it. The only problem in me is that I do not know if the alt is a good coin or not. If it is not a good coin then I will be holding it for nothing because it will not rise its price again. It already happened to me. But not all coins are like that.

[Disculinair]

Some have unrealistic expectations and others gets frightened easily by seeing red numbers. A lot of people hop on the crypto wagon hoping for a quick buck and get confused when the value doesn't grow as expected or even decreases

[adamreb]

I prefer hold the acquired altcoins for several months, then I analyze the situation and prospects of a particular project. If his business is going well, the project is used by people, then I keep hold. But otherwise - I'm starting to sell.

[rarg]

So tell me, why are you selling your altscoins so soon?

There are a lot of reasons to answer this question. First, most of people (including me) always panick if the assets drop to 50-70%
Secondly, We have been bored with the development of that Altcoin, so we must dump it.

[gigusico]

Well, I had a reason that I for the first time succumbed to panic and sold most of it since I thought that they depreciate