When your token goes down hard, are you going to sell it?

[Choghonl]

I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell.  May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

Yes perhaps its the best way to conserve your profit that way you will gain the maximum but the done side is that while you are doing it you are also helping the price decrease which is also bad because cyptic coins like bitcoin and depend on demand on supply and that's where there price are based on also the flcutuation caused by the small market affects the investors on forfeiting there investments as well. but i suggest holding on to it no matter what because long holds are beneficial we may not know that after the second you sell your coins it just burst out in price that's why in this business patience and knowledge are the keys to success knowing when to stop and when not to is essential.

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[Kunlejoe0]

Honestly speaking, the loudest voice in your head is screaming Sell! Sell! But your brain is analysing your experiences and your skill is working out the future prices and gain you would make from patiently holding your coin. The hardest part of cryptocurrency investment is holding to maturity!

[zacad]

This needs to be considered from many aspects. For example, what is the reason for its decline? How long may the duration of the price drop be? Does it have room to rise or any favorable news? After these considerations I decided whether to sell my tokens!

[criptoroman]

I do not see the need to sell on the collapse of the market, here you can not guess the situation, if there is no great need then why sell them, let them lie in the wallet until better time

[bjmpoker001]

hmm, why selling it when it goes down ? I think it is better to hold it when it dropping.
holding a potential coin when the market bad is the best choice, except your coin is a dead coin.

[n691309]

I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell.  May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

Nope, Its normal that price will drop but time will come it will rise again specially those project with solid team and great project. I hodl some of my token for long  term even price drop and I believed if the project already fully operated price will triple or even times 100.
#Support Vanig

I use to hold coins that i know have the potential to give profit BIGTIME on my wallet.
But we can never deny the fact that sometimes before a great profit to come there will be a massive dump on the coin.
Been there for so many times and i never sold a single token on that stage, i always bag more and make more earnings from it. This is how you handle dump of the coin.

[Janienregado1992]

When my token goes hard down!! i will hold them fir a long time ! And wait for the roken.price will up so that time ut good to sekl.my token!!!

[Mahanton]

I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell.  May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

Nope, Its normal that price will drop but time will come it will rise again specially those project with solid team and great project. I hodl some of my token for long  term even price drop and I believed if the project already fully operated price will triple or even times 100.
#Support Vanig

I use to hold coins that i know have the potential to give profit BIGTIME on my wallet.
But we can never deny the fact that sometimes before a great profit to come there will be a massive dump on the coin.
Been there for so many times and i never sold a single token on that stage, i always bag more and make more earnings from it. This is how you handle dump of the coin.

I doubt that you do have regrets on missing out peak prices on where its good to sell out? Even myself is a holder but times on minding those opportunities cant really be avoided where i do miss out to sell even i was longing for long term because i had in mind that i had already made money on that time and buyback later on with cheap prices. Resisting temptations would really be hard specially on cases when you are on panic.
Doubts on holding on is there this is why self discipline would be crucial.

[kenborbs]

I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell.  May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

It's pretty normal in a coin to go down because of the volatility of the market, we can't really tell what coin will be the next bitcoin because the market are crowded of coins. But if you see your coin is turns red, I suggest you have to hold your coins in order to avoid losses in your investments.

[tuannguyenn110]

when the market price and token come down for me it is a very reasonable thing but that does not mean we panic sell because the market will not forever down will definitely experience an increase again so I will not sell any tokens when the price drops because I want to get a lot of profit

[bornMercurial]

I think it depends on what factors make the token drop, if there is bad news or overbought price I will sell it as soon as possible because usually, the effect of bad news will keep the price going down.and also I will not sell my token if it goes down, in the long run, and make big profits rather than sell them early for a low price.
 

[OSEIBOATENG]

I always say the coward is the one who sells when he sees his coin going down. I have never done such mistake before and I will never do that. One thing about me is I set a price for myself which I think will be suitable for me to sell it so until when it hits that price Im not gonna sell

[Ree_2018]

If you really need money then sell it. If not, then hold it for some more time. Prices of major crypto (btc and eth) are really unstable, prices are really volatile and this decrease of value is normal, in about a month's time, it'll probablt go back two folds. So when that time comes, you can sell it for a much higher value, maximizing your profit.

[florinda0602]

The price can not just fall so badly, it means there is a reason. Therefore, it makes sense to sell your coins.

Even the price go down hard, I will still keep my my coins first and will not sell it. It will not dump so fast it will still have a flow, so you can still monitor it and will know when it is the time to sell.

[hackzang12]

Nope, I will hodl it and won't sell anything unless this is a dead project but some traders use to hodl it if they are active on telegram or even on twitter- They must know that Traders/investors are rely on big exchanges and social networking sites.

[for4in3or5]

If you are not believe project anymore, it is better to sell all your bags. There is no meaning on wait and see what happens. There are thousands of shit coins which have already died.

[nguyentrangg333]

when the market price and token come down for me it is a very reasonable thing but that does not mean we panic sell because the market will not forever down will definitely experience an increase again so I will not sell any tokens when the price drops because I want to get a lot of profit

[nguyentrangg333]

No need to panic every time the market drops. It is necessary to adequately assess the situation and make an informed decision. I keep tokens in the long run and do not pay attention to small market fluctuations.

[TheDarkRide]

It depends on the token itself. If after some researches I have a good feeling that the token has future, I will hold it. But if I feel the token is just a trash then I will sell it right away.

[nguyenvanson208154]

when looking at the condition of the market in a down condition then you first do with your crypto assets to hold it, or increase the number of crypto assets to avoid losses and adjust to the initial capital so that in the middle position, resold when the price back up to get the appropriate profit.