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Author Topic: Why are you selling your altcoins so soon?  (Read 11359 times)
sumaneaiyandiya
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July 25, 2018, 10:29:34 PM
 #1361

There are numerous explanations behind financial specialists to offer their Altcoins. To start with is they think bitcoin is more significant than some other Altcoins, so when they have the opportunity to purchase bitcoin with shoddy value they will offer all their Altcoins to put resources into bitcoin in light of the fact that they figure more benefit will come later on. Second, when they holding Altcoins too long without benefit then they will pitch their Altcoins to change into bitcoin.
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cotton ball
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July 25, 2018, 10:44:24 PM
 #1362

There are numerous explanations behind financial specialists to offer their Altcoins. To start with is they think bitcoin is more significant than some other Altcoins, so when they have the opportunity to purchase bitcoin with shoddy value they will offer all their Altcoins to put resources into bitcoin in light of the fact that they figure more benefit will come later on. Second, when they holding Altcoins too long without benefit then they will pitch their Altcoins to change into bitcoin.

It's true that you say because with bad Bitcoin prices at that time and altcoin prices did not go up then it's best to exchange tokens with Bitcoin because the price increase is sure to happen quickly in BItcoin so it's better to sell it when token already has a price but with a note Bitcoin prices are still below.
Doubleabc
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July 26, 2018, 11:01:01 AM
 #1363

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.
chnexus
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July 26, 2018, 11:02:02 AM
 #1364

Not really a break out in log view. Still in a bear channel. This was just your typical fake pump with FOMO buying by stupid people reading the set up positive news.
ashtray
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July 26, 2018, 11:05:16 AM
 #1365

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.
sergey1301
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July 27, 2018, 04:06:31 AM
 #1366

People are afraid that their tokens will fall in price. Most people want X10, X20 a day. But when they see that the token is not more expensive, but cheaper, they sell it.
sircy
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July 27, 2018, 04:21:09 AM
 #1367

investors may just need a good investment and can vouch for their results. that is why many who sold their altcoin with cheap prices and switch to bitcoin. they hope the bitcoin can provide guaranteed future because nowadays many altcoins who just became a waste of coins on the market but many also can grow and succeed.

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yayat
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July 27, 2018, 02:01:07 PM
 #1368

Because they experience panic and fear losing their money, so every second their hearts beat fast uncontrollably.

If I myself better hold my Altcoins because I'm sure Altcoin I choose will rise again its price even though its estimation is now more down 50%.
iancortis
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July 27, 2018, 02:34:37 PM
 #1369

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?

here's reason why im selling my token rewards so soon, to exchange right away into fiat and cash out automatically, to swap or jump other altcoins that has a more potential than my previous hold. and to avoid making a big losses, so i usually put something stop-loss method when im selling or buying in the market.
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July 27, 2018, 02:41:37 PM
 #1370

Usually I do it when im running out of money and I need to pay my bills or simply buy necessary things. Of course its not good at all, but what can I do if I don't have any other income and I spend all my time on crypto

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Koherse
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July 27, 2018, 03:07:00 PM
 #1371

This depends uniquely in contrast to individual to individual. I offer half when my coin has gone around 2x and afterward offer the rest at 5x and 10x. In the event that the coin has huge crucial esteem, I can hold it even upto 15 or 20x from the cost at which I got it at. Be that as it may, more often than not I pitch max at 10x and move to different coins.
NORD YGGDRASIL
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July 27, 2018, 05:47:46 PM
 #1372

Because everyone wants to get money quickly. Impatience is very poor quality for those who work with crypto-currencies. Because of impatience, you can lose a lot of money and opportunities.
pisomiko
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July 29, 2018, 04:48:12 PM
 #1373

Individuals need moment benefit they imagine that keeping an altcoin for several days will give them a gigantic benefit, and they are unpleasantly terrified when the coin they are holding simply go down a bit. They begin imagining that now this is the finish of the coin and it will now complete and all there speculation will bite the dust. That is the fundamental motivation behind why numerous individuals money out their altcoins...
Paycomesell
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July 30, 2018, 11:28:55 AM
 #1374

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
bitcoinpeople3
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July 30, 2018, 12:17:35 PM
 #1375

I keep wondering why people can't be patient enough for their coins to succeed. Rome wasn't built in a day, and thus you shouldn't be expecting your coins to perform miracles overnight. Hodl them
dimon_btc11
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July 30, 2018, 02:08:04 PM
 #1376

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.
gaurav82
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July 30, 2018, 02:15:22 PM
 #1377

When market falls then more panic comes and people goes for sale the stock. But actually this time is of purchasing. I want to say to people that don't panic at current position. Hold the stock it will give good return.
madhukk
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July 31, 2018, 10:29:49 AM
 #1378

 Everything is very simple. Sometimes people urgently need money. When choosing between taking a loan and selling an asset, many choose to sell the asset. And it is quite reasonable, because if the correction will last a year or more, then the payment for the loan will ruin you.
primatnok
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July 31, 2018, 10:31:25 AM
 #1379

I sell because I need money and there is no way to hold . And patience I do not own .
happness2
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July 31, 2018, 10:34:00 AM
 #1380

I think most of them will panic when the market is going down quickly and then sell the coins. In my opinion, don't rush to sell, because it is only a temporary decline. You have to believe that the coins you invest in will definitely have more value in the future. Wait patiently.
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