Jamesbob16 (OP)
Member
Offline
Activity: 196
Merit: 10
|
|
February 22, 2018, 08:24:28 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
|
|
|
|
followmenot
Sr. Member
Offline
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
|
|
February 22, 2018, 08:45:58 AM |
|
I think you shouldn't ever sell your tokens or general altcoins when market crash is happening. It is better to hold for long to see bull market in that specific altcoin to dump. You may deeply regret later. On the other hand holding eth is fine.
|
|
|
|
Nerman
|
|
February 22, 2018, 08:51:25 AM |
|
Investing in ICO is riskier than investing on a proven coin like eth and btc. If you badly need the money then sell it if not try to assess the coin if it is really worth it to hold. Not all altcoins will have a bright future but if you think they have then try to average down buy more in the current low price and just hold. If they are really good coin then just have faith, eventually the price will rise.
|
|
|
|
entr
|
|
February 22, 2018, 08:52:04 AM |
|
When btc gain dominance on market and start rising dramatically , generally alts negatively affected. I would suggest stay some percent of your funds in btc and eth.
|
|
|
|
Hoenir
Newbie
Offline
Activity: 70
Merit: 0
|
|
February 22, 2018, 08:54:31 AM |
|
If you believe this ; control of the prices related with BTC. Than go hodl BTC. But you should wait, be patient. I think altcoins buy&sell is more good. More action
|
|
|
|
ruthbabe
|
|
February 22, 2018, 08:59:19 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
Don't commit the same mistake I've made before where I hold all of my coins valued more or less $400. After 10 days what left was just a messy $105. So, if I were you I'll convert or sell those coins and buy Bitcoin or Ethereum. That would be a nice decision and you won't regret it.
|
|
|
|
Dodoymabs
|
|
February 22, 2018, 09:01:35 AM |
|
Investing in ICO is riskier than investing on a proven coin like eth and btc. If you badly need the money then sell it if not try to assess the coin if it is really worth it to hold. Not all altcoins will have a bright future but if you think they have then try to average down buy more in the current low price and just hold. If they are really good coin then just have faith, eventually the price will rise.
Certainly you're right, this all depends on the situation wherein it is really necessary to sell all newly coins. It is hard to predict this coin due to its new crypto so we are doubt what will be its value for the next months. So, better if don't need it badly then hold it for a while.
|
|
|
|
michael shikany
Member
Offline
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
|
|
February 22, 2018, 09:04:39 AM |
|
I think you should sell most of altcoin, because the whole market is in a bear market right now, so you can hold BTC and ETH, because when the bull market comes, it will always go up first.
|
|
|
|
aceptamosbitcoin
|
|
February 22, 2018, 09:10:22 AM |
|
If you are going after higher ROI and higher risk, you need to try with altcoins.
If you are going after lower ROI and lower risk, then just hold BTC, ETC and NEO.
|
|
|
|
tramadols
Full Member
Offline
Activity: 239
Merit: 100
CAT.EX Exchange
|
|
February 22, 2018, 09:15:04 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
you should first investigate the altcoin you are holding. panic will hurt you if you are in a hurry or not trying to find a lot of information. currently bitcoin grows and eth too. its effect on the other altcoin becomes red. if you believe, most likely other altcoin will be pumped in the next few months. be patient
|
|
|
|
Briella18
Member
Offline
Activity: 308
Merit: 10
|
|
February 22, 2018, 09:23:49 AM |
|
I think the hold some coins that you think are really good, and the project is clear, and sell the rest
|
|
|
|
ansh_848
Member
Offline
Activity: 182
Merit: 19
|
Some what you are right but the value of ETH and BTC are high if we purchase other coins their value is less so its easy to earn profit in that and see the bitcoin value you have to invest so much amount than only you will earn profit or huge profit. If you have lot of money than invest in ETH or bitcoin.
|
|
|
|
ZETMAN
Newbie
Offline
Activity: 14
Merit: 0
|
|
February 22, 2018, 09:36:06 AM |
|
I think ETH.
|
|
|
|
0t3p0t
|
|
February 22, 2018, 09:39:02 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
What had happened to you also heppened to me because I am a hodler too. I have SXDT, SXUT, POS, CRED, MOT, MAN, AION, ASTR, DDD, ESC, ACC, DRT, EXRN and JC but all are bleeding but the only difference with is that I don't need to convert them by now for I still have small amount of ETH and BTC on my wallet. If you sell all of it of course you know it already how much loss you have that time but if you really need money for an emergency then why not borrow to your friends or relatives and pay them when the market is on green again. For me I prefer to convert my Altcoins into BTC most especially if our coins are in green rather than ETH because ETH is dependent to Bitcoin too.
|
|
|
|
covfefe_
|
|
February 22, 2018, 09:39:43 AM |
|
It depends on your strategy. Bitcoin and Ethereum has a general rising trend and are less risky to have some pleasant profit in long term. But newer altcoins may (some do and some don't) have a potential of rising x5 or x10 just in some months which is not possible from ETH or BTC.
|
|
|
|
Kryten12
Member
Offline
Activity: 448
Merit: 15
TREEBLOCK
|
|
February 22, 2018, 09:54:44 AM |
|
A simple rule I try and follow is to only sell into a rising market. This way you know people are actualy wanting to buy your token and you will get a better price then trying to find buyers in a depressed market where they are looking to pick up bargains. You should wait for the market sentiment to turn at which point you will probably find that the altcoins will outperform BTC and ETH in percentage gains anyway.
|
|
|
|
Obi2024
|
|
February 22, 2018, 09:57:28 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
I would not advise you to sell the altcoin now that the price has tanked so much, you can hold them and wait for the price to improve, it may be a long wait though, but with time some of them will recover, it may even be just one of the altcoins that you are holding that will recover all the money you put in the other for you, but you have to be patient, you make loss only when you sell.
|
|
|
|
00DKM@
Member
Offline
Activity: 378
Merit: 10
|
|
February 22, 2018, 10:11:49 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
I sincerely condolence to you. I do not know how to advise. But I think you calm down, look at the market every coin, see if the coin is positive in the future, then hold them back, if not sell them well. buy ETH holdings. The price of the altcoin increases and decreases as a matter of course. But again, I advise you to stay awake to make a decision.
|
|
|
|
adolf512
|
|
February 22, 2018, 10:23:09 AM |
|
This is really not a simple situation in which you need to think carefully. Coin prices can change every day, anyway, I think if you really need money, sell some of the coins that are now at a more realistic price, and with the rest you need to decide at what price you are ready to sell it.
|
|
|
|
quierx16
|
|
February 22, 2018, 10:24:49 AM |
|
I have few Altcoins like TIO, TRX, EBCH, CMT, REBEL. And, TIO price was 1.43$ Per coin but I did not sell them, I was holding them for more profits and now TIO price is 0.37$ Per coin. CMT, WRC went to 0.55$ You know and now 0.17$, I haven't sold them too. People were telling HODL HODL and then I HOLD and Now I am suffering very much Because At this moment, I need money but I can't sell, I am feeling too panic.
So, What should I do Now? Should I sell all altcoins and make them ETH or BTC and HODL them? Please suggest me.
Thank You
just hold it for now you will lose profit if you sell it now. and maybe if you can acquire more buy now when and make a good profit in the future.
|
|
|
|
|