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Author Topic: Why are you selling your altcoins so soon?  (Read 11376 times)
JPSelzer
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August 09, 2018, 11:46:22 PM
 #1501

Perhaps people believed that buying some altcoin they can quickly get rich, but in the end it begins to fall in price and people panic. It's certainly unwise. I sell my altcoins when I'm satisfied with their price.

rapsonic1337
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August 09, 2018, 11:58:15 PM
 #1502

Mostly of the people in the crypto currency is after for the profit they can get in the altcoins that they are holding, and so if there alts has increases its price than the original and so it is ready to sell then.
VayneAurelius
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August 09, 2018, 11:58:51 PM
 #1503

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?

Most altcoins were in an insane air pocket. Such a large number of trick ventures getting a huge number of $ in speculation cash for a pretty site. I believe that influenced individuals to stress that all altcoins were a trick. When everything was going up you could simply contribute and profit out of nothing. Presently individuals really need to do research and experiment with the item before they go entire hoard. That requires some investment and the greater part of the general population who were going insane in December are perched on the sidelines licking their injury at the present time. It will show signs of improvement, however I don't figure things will be as insane as they were previously.
suzuya
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August 10, 2018, 12:01:17 AM
 #1504

I think, some people selling their altcoins so soon because they badly need money for their needs. There were also people selling because they already see a profit on it and afraid that it crashes.
Disculinair
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August 10, 2018, 12:09:23 AM
 #1505

Well, that idea passed through my mind a lot of time but I am thinking on keeping my altcoins for some time, the market is just really unstable at the moment and it seems to be just a phase which will pass sooner or later.
canaveralnonie
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August 10, 2018, 12:45:36 AM
 #1506

Why are you selling your altcoins so soon?

I am a bounty hunter and one of the main reason why I sell my altcoins is because I need the real money than virtual money. Also, plus points of the lack of activity of the specific project that I join with. I always monitor those projects to provide some useful idea on my post and to know if the project is doing their best to promote their service and token. I don't want to hold those shit coins, so I sell it as fast as possible. In the other point, if I see the good quality and the potential of one coins, I will take it a strong demand of holding it for the future good, just be smart and balance all the idea in one specific situation.
DainSLane
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August 10, 2018, 01:38:24 AM
 #1507

Some of the altcoins it is not too good for the long term waiting because it will resulting into dumping their prices just like what happen to me in my holding altcoins is about 8 months and the prices is too much drop and now i'm selling my altcoins so soon if i gain 30%.
Ronaldcoin2017
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August 10, 2018, 01:50:50 AM
 #1508

Some of the altcoins it is not too good for the long term waiting because it will resulting into dumping their prices just like what happen to me in my holding altcoins is about 8 months and the prices is too much drop and now i'm selling my altcoins so soon if i gain 30%.
Selling altcoin emediately is really a big loss. Specially on this down market we really need to wait for the exact price to buy or sell altcoin because the profit is really depending on the price on it.
Sean25pogi
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August 10, 2018, 04:03:08 AM
 #1509

The reason why I’m selling my alternativecoins so soon it because the value or amount of it, is in the increasing stage
because of the sudden change of the law of the demand and also the business environment.
shkon5
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August 10, 2018, 04:26:23 AM
 #1510

The reason I sold my cryptocurrency was because the encryption market was very bad this year, and the price of cryptocurrency fell very badly. If I hold it for a long time, then I will lose more.
mkn2030
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August 10, 2018, 04:36:32 AM
 #1511

Because the encryption market is very bad this year, the price of the cryptocurrency I hold is very serious and continues to fall. I think if I hold it for a long time, then I will lose more. So I sold my cryptocurrency, but then I found out that my approach was correct.
wateball
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August 10, 2018, 04:41:27 AM
 #1512

I agree with you, but because of the sharp decline in the market, I think investing in bitcoin is the best. All altcoins are likely to fall in an instant, but bitcoin won't. Therefore, the safety is the highest. Also profitable.
sammy21
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August 10, 2018, 04:43:52 AM
 #1513

I used to do that when I get the reward from the bounty I usually will sell it quickly for I traded back to the same altcoin with a cheaper price so I can get a lot more results.

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strwy09
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August 10, 2018, 04:50:15 AM
 #1514

Because the cryptocurrency market has really fallen for a long time, many people are afraid to start to feel fear and will sell their altcoin. So far I have not sold my altcoin because I believe in cryptocurrency, I think the decline is temporary. I have to wait patiently, I will not easily sell altcoin
adjk7
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August 10, 2018, 04:55:12 AM
 #1515

Quite simply, the reason I sold my crypto currency so quickly is that I don't want to make long-term investments in this market. Because I am scared in this market, the price of cryptocurrency continues to fall. If I have been holding it, then I will lose more.
aehsj
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August 10, 2018, 04:58:58 AM
 #1516

I didn't sell my altcoin, because the decline in the encryption market is a normal thing for me. I won't panic because of the downturn. I will always maintain a good attitude and wait patiently. I believe that the encryption market will recover soon, I will not easily make a decision that I will regret later.
FrosDiamond
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August 10, 2018, 06:18:18 AM
 #1517

everyone has their own profit targets, and certainly different. so it's up to them to want to sell coins at any time, they have their own business, so I think we don't need to interfere in things like that.
flowdon
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August 10, 2018, 06:39:41 AM
 #1518

as a bounty hunter and airdroppers, most of them are really dont care about the price that maybe in 3 - 6 months the price will be sky rocketing, all they know is to exchange into bitcoin and cashing out right-away, because they need a fiat money or physical to to use it in a daily needs feeding their family. also i, im the one who early dumpers and in the end its like regretting but its OK for me.

Zakie
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August 10, 2018, 06:57:24 AM
 #1519

It's normal, they saw the price down and afraid. They expect big income when they invested on crypto yet all the prices dropped they only think for short term and not for long term investment, also there are crucial factor that making investors panic is the issue about FUD news and scams, they become afraid thus they sell their coins. But still im holding mine. Just hold and wait for next time.
leslie4u
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August 10, 2018, 07:37:24 AM
 #1520

The thing with Altcoin is when BTC take a kick start people want to encash their Alts for BTC to make some profits and of course we have few people who do not have the patience to wait and HODL. They are in for some quick profits and in the midst of all this, they incur a loss. Crypto is not a technique to become rich overnight but a journey where one builds his/her portfolio and keep looking out for good options.

There are coins which I will HODL for a longer period. Such as TRC, ONION, PRIV, GRIM, BEETLE, GLB, LTC etc etc. Many dumped these but I am glad I am still holding onto these for I know what value they add to my portfolio.
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