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Author Topic: Why are you selling your altcoins so soon?  (Read 11367 times)
moshk555
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March 16, 2018, 09:04:21 AM
 #441

According to my research what I have seen is there are 90% people in the market at this time are newbies or have very less experience and they don't know how to trade or they dont know which coin is good and what are not good ones so they buy all the coins without any research and when that coin start going down they start the panic sell and because of that coin prices going more down but I think by the time people will understand more about crypto then they will start to choose the good coin.
Usafstar
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March 16, 2018, 09:25:09 AM
 #442

I like to hold both the crypto and paper money too i feel good if i earn some crypto and i don't want to sell altcoin because these are i bought for future so i will get some reward over this altcoin so for now i don't want to sell but in the future i will convert all the altcoin to bitcoin because i know that all the future payments will be through bitcoin so i think i have to use this for that purpose,

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MudahDanHemat
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March 16, 2018, 09:35:50 AM
 #443

I am holding them to get the best prices because the price keep going down and we need to hodl them because the market are in red zone. Hope that several weeks ahead will get better.
babycorner17
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March 16, 2018, 10:20:50 AM
 #444

Normally people sell their maximum altcoins to earn a huge amount of money at a short time. Most of the people aren't interested in long term investment. But at present people are a little worry about market situation. That's why people are selling their altcons at random.
But who are the long term investor  they are holding their coins. It's the time to hold and yes the market will back soon. I'm also holding some coin.
okissabam
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March 16, 2018, 10:55:13 AM
 #445

Some might be selling their altcoins too soon it is because they are afraid that after a week of keeping the coin, it would lose its value which is basically what most of the time happens. When a certain coin gets listed in an exchange site, it tends to get a higher value or price and after a week or so I'm not really sure why it happens but it drops to a much lower price and people get scared when it drops its price thus selling them too soon. I did the same thing before and realize it would be much better to just keep all of my digital coins for long term and see how much its grows in a year or so.
ICO Lancer
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March 16, 2018, 11:06:31 AM
 #446

A lot of panic selling I think because of the Google FUD.

But I don't think the dip will last for too long, the markets were more or less starting to stabilize and then it fell some more. So I think we should expect some green by te end of the month
radar19
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March 16, 2018, 11:11:39 AM
 #447

The answer is simple. Most people here are only for making money. That is why they all are nervous when market is red. Those who are here for idea of projects or for long investments, they do not sell or panic.
DAVETUN
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March 16, 2018, 11:12:31 AM
 #448

I sell base on my need for fiat to sort family and personal issue,also I observe the project developer,for consistency to there vision and roadmap if this is missing,i sell off to invest in other viable project.
nonlinearboy
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March 16, 2018, 11:16:28 AM
 #449

I sell some new altcoins because it pumps too fast and I think the price will recover soon. One example is Credits token CS, I sold them at 5x of the ico price, and I hope I can buy them back at 1.5x of the ICO price.
evader11
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March 16, 2018, 11:17:37 AM
 #450

Its a good idea to sell our altcoins sooner because it will give us a big income. It will also help in the near future. I know that not all altcoins will survive but i believe that my coins will survive regarding to the news about their project and i always choose wisely when talking about coins. So just wait until the price will go up to the moon.

bitcoinking11
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March 16, 2018, 11:19:09 AM
 #451

Generally, people are interested to hold well-known coins such as Bitcoin or other established altcoins, that's why they are selling their low-value altcoins. I think It is not right, some of these altcoins would pump hard in future, if you hold them.
helin9108
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March 16, 2018, 11:30:19 AM
 #452

Some peoples are selling their altcoins for just fear of the market crash, and some people are indeed much needed money to solve their regular problems like to pay monthly dues or some debts or anything elsr. But u think if you can holding capacity then you should hold your altcoins and not sell in this market crash for even good profit. And you can buy some good coins for good return like steller, verge, neo and cardano.

IlfarIldarovich
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March 16, 2018, 05:56:28 PM
 #453

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.               
wireless474
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March 16, 2018, 06:04:50 PM
 #454

Due to all the FUD that is going around, thats why newbies are selling. But now is the time to Hodl or buy even more, not sell. I would never sell something that i am losing in, unless it was a scam or so.ething and it was a given that it was going to crash.

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MZMARY
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March 16, 2018, 06:11:46 PM
 #455

I, too, do not understand those people who in their wild rage are selling their coins. Why do they lack patience? What do they think? then what is a crypto currency scam? and they are sure of this and go to Fiat for - 30 - 50 percent of the deposit. Is not it funny? I was the same, but did not sell in the negative)
bitfornewbs
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March 16, 2018, 06:18:12 PM
 #456

I, too, do not understand those people who in their wild rage are selling their coins. Why do they lack patience? What do they think? then what is a crypto currency scam? and they are sure of this and go to Fiat for - 30 - 50 percent of the deposit. Is not it funny? I was the same, but did not sell in the negative)

Maybe most of them needed it right a way for various reasons. I sometimes sell alts right away if I ever had a situation where I really need to spend some money. Also, coins are made for us to transact. Most of us see it as an investment because we take profit from it. But the end goal of this cryptocurrency is to be able to use them for daily purposes, though we are far away from achieving that.
jekyde
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March 16, 2018, 06:23:28 PM
 #457

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.
YoungMaster
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March 16, 2018, 06:33:18 PM
 #458

It depends with the altcoin, if it hits bigger exchanger then I sell it very soon. Despite that sometimes I don't sell it even the coin listed on a exchange because of several factors such as their next development and the roadmap.

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bellanas
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March 16, 2018, 06:36:51 PM
 #459

There is still a fear that this crypto currency may fall. And it's better to get something now than nothing later. I, too, sometimes have such thoughts.
greydking
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March 16, 2018, 06:45:05 PM
 #460

I think some people sell their coin relly soon because they are new in this kind of business. And i think that it is not a very wise decession and later on they will regret it.
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