Why are you selling your altcoins so soon?

[rellor]

I sell my coins only in two cases. The first case is the achievement by the coin of the profit level I planned. The second case is the fall of a coin below a dangerous level.

How do you plan the profit or dangerous levels? Are the depends on ICO prices or ATH/ATL, technical or fundamental analysis? Thank you.

[dicaprio]

Because people simply do not have patience and this is a big problem of the current situation as a whole, because as far as I understand that the project should develop and after that people should have a healthy desire to buy tokens or coins.

[camuszpride]

Some people sell their alts soon enough if they already got profit like x2, x5, or x10 if you get lucky. For me, I don't stick on alts for a long time in order to make money. There are many ways to make your own profit and I respect that we all have different strategies in doing that. Better to cut losses than to loss everything. But the best thing to do is make a wise choice.

[Alpha_Q]

In this crypto business, we need to be wiser to avoid huge losses. It happens that I sell one or two ALT coins because I need money.

[Esofdemon]

It depends on a persons strategy. Some people are selling when they got a small profit. Another are holding for long term. The third are trading or day trading.

[WiiD]

In this crypto business, we need to be wiser to avoid huge losses. It happens that I sell one or two ALT coins because I need money.

The fact is that selling today you lose a lot of money. The market has fallen very hard, you need to postpone the coins for a long time to earn good money on them.

[kucinggarong66]

I sell my altcoin quickly because I saw that the altcoin had no good progress and was worried that the price would go down.

[NoSkyLimit]

Not me haha but those who are selling right now probably they need money or they move to another coin or simply they don't keep their altcoins too much, I think this are the main reasons of why people are dumping their altcoins on this low prices....

[Wylokel]

We slang criticize any bearers to deal their coins , any just craved to avoid or abbreviate the release . Any I think scare as of what cryptocurrency experiencing instantly . Cherry marketplaces and no assure of upcoming backbone .

[Barinerro]

Well usually sell because panicking , but I think that we should not panic and need to keep a fresh mind , as well in this market do not need to sell at this little price , I think in six months the money will be very different )

[miraxgr]

I do not know why others sell, but I have a much simpler reason. I'm just running out of money and I have to sell my coins to make a living. Good or bad, but you always want to eat. So like it or not, everyone comes with their own coins as they see fit. We have every right to do so.

[drakewear322]

Usually I hold cheap coins during 3-4 motnh and if I see that they don't grow in their price I am seeling them all

[Mr.Noda]

People sell so quickly because they fear that everything collapsed and will no longer grow. But I will tell you that they are very mistaken in this ... A lot has been done for growth and there will be growth.

[thichtieuthuong]

In my opinion most of us usually sell their Altcoins. Because when the crypto market drops so much. It make us not temper and lead to the psychology of selling the coins. When Bitcoin go down fast. Altcoins also go down to. Therefore, we need to have reasonable strategy when the market fluctuates and believe in the existence of the Altcoins.

[SaoAccel]

Those investors and traders are good in terms of prediction. They sold their altcoins because they know that there would be a large market correction happening and since they predicted it they are not affected with the dip. In my opinion I would also do the same.

[prihojantsev]

I quickly sell my tokens because I'm afraid of the price fall. Now the market is unstable. I'm restless.

The market today is not appropriate for selling altcoins in bulk. I think some of the altcoins will give a profit next year and it will work only for those who wait.

[katerinaliisa]

I don't sell all altcoins. Those coins which I consider perspective, I don't sell, and I hold, to increase them in the price. I don't only work for bitcoin.

[seyola89]

 Some people sell their out of fear that thrbcoiks will continue dropping. This action can be beneficial at times and in case of extended bear season. Others sell because they need the money urgently to fulfil some personal expenses.

[marksayson]

For me, when I got recently some altcoins and already has a value. I determine first if the coin is worth it to hold. If not. I sell it immediately and I exchange it to bitcoin or to ethereum currency to invest more to my favorite coin or tokens.

[nightwishx]

Well usually sell because panicking , but I think that we should not panic and need to keep a fresh mind , as well in this market do not need to sell at this little price , I think in six months the money will be very different )

actually time is not too influential, but timing is also very important, it is also very influential on the mentality when it comes to panic. try to do some consideration before you sell anything you have