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

[dylanmeter]

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?

Given the extreme volatility that is inherent to the cryptocurrency market, the urge to sell in periods of market decline is only natural, If you choose to sell your cryptocurrencies, you should always ensure that you are able to give a step-by-step reason as to exactly why it is you are selling your stake. If you cannot, then it may suggest that you are selling out of fear.  if you can beat your emotions, you stand a better chance of beating the market.

[Jannyh]

When your token goes down,my advice is do not sell because if you do,you will sell at a loss a huge one for that matter,just a little more patience will do the magic,so just have patience in times like this

[c4ptch4]

probably most people who sell when market conditions go down because they have no money, my advice if you have enough money don't sell the coins you hold, wait until the market grows again

[TheDarkRide]

It depends on the thing that caused the token price goes down very deep. If it is just a dump may I will consider to keep it on my wallet. But if it is caused by the bad news from the developer, run away for example, I will sell it no matter what price I will get.

[happypencil]

Of course not! Selling in bear is the worst thing you can do. Better buy it. If you don't know what to do, it's HODL! In any case, the market will grow because he has nowhere to go. We are doomed to achieve technological progress.

[Fredomago]

If the token is already stricken hard and it's not due to the projects team or any project-related collapse, I'd continue holding. However, if the downfall happened due some fraudulent activity I'd sell tokens before it's too late.

That's why it is important to learn how to analyze well, if you know  how to assess which project developers have it capabilities to handle situations then you can still hold your coins, but if you seen that the team itself are the one who's creating the dumped better to sell out and don't wait till there's no more value with your coins, it is very crucial when investing inside crypto, holding can bring huge profits but sometimes it is also the reason why traders loses their money, being greed and assume to much.

[ChaoChibai]

I think sell isn't a good choice in this Bear market situation because if you want to sell you already loss, better you wait until the market rise again then you can sell. One more thing, just believe in crypto world you will not regret it, keep hodl my friend~ 

[xyj790204]

When my token price falls, I will not rush to sell it. New token prices are usually very low, and if token decreases, my token price will go bad. I didn't want to sell at that time, because I would only be destroyed, and my efforts to get token would be futile. So I will hold a token until it grows further, so that I can get a satisfactory profit.

[kiansantan]

 I have to read news about coins. If there is no bad news but the price is still down, I bet that it is just a dump to create panic. Therefore, I will choose to hold my coins. Otherwise, if any significant bad news happens, there is no point in holding this token again. It is difficult to make a decision in such a situation.

[Kabacho]

Why would I sell it if it went down? I'll be waiting. It all depends on the token and its project . I'll be thinking about it .

[gabinsight]

Going down hard means not selling for me... I have been the crypto game for so long to have the guts to take the risk and wait because I have witness how fast cryptos that go down hard can rise sometimes.

[Rengganis]

all decisions must be made first judgment on what happens, if the price reduction is normal and there is a logical reason, we can hold the coin until the price of the coin back up, do not be too panicked with the situation

[josephdd1]

all decisions must be made first judgment on what happens, if the price reduction is normal and there is a logical reason, we can hold the coin until the price of the coin back up, do not be too panicked with the situation

Exactly, right! Its not a straight forward answer as it all depends on the situation of the market. Sometimes, there is an obvious reason for the market crush but sometimes there isn't so making a distinction between the two is important before thinking of selling

[Omooba098]

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?

Sometimes it is advisable to sell your token if it's dipping beyond control. Some tokens do not recover when they fall while some will.

[Geleve]

the issue is if you could sell in the beginning or not. if i couldnt sell in the beginning with a stop loss i dont sell and try to hold till the market recovers. otherwise i have to accept my loss and i dont like to loose money.

[Hassan02]

all decisions must be made first judgment on what happens, if the price reduction is normal and there is a logical reason, we can hold the coin until the price of the coin back up, do not be too panicked with the situation

Exactly, right! Its not a straight forward answer as it all depends on the situation of the market. Sometimes, there is an obvious reason for the market crush but sometimes there isn't so making a distinction between the two is important before thinking of selling

there is always a way on how your token may recover well you cant make a way but for believing for it that this can be and you just make some patience of having this token with you then dont just drop it very easy.

[Umkar]

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?

If you are sure that your coins and tokens have good and promising projects that should still develop, and therefore your crypto currency should grow in value, you should not sell it at all if the crypto-currency market has a general fall. In this case, you just need to expect the next rise of the crypto-currency market, then your coins will again recover and grow further in price. This is if the rate of a particular coin is lowered, then it is urgent to find out the reasons for such a fall and decide on the possibility of its sale.

[hhussain]

If I have invested in the coin the first place means that I have analyzed every part of the coin so this is just a correction  phase in the value of the asset, so not in this case I will not sell the asset but hold onto it as the price will increase in the future

[BinaryBotch]

I don't see any reason why I would want to sell my coins when the prices are down. For me that would be the time to strap in and buy even more coins if I can afford it in wait for the market to do better. The best time to buy is when there is blood in the market while the best time to sell is during a bull which is what I intend to do.

[RohitMalhotra123]

At that time market is down,we need to hold the coins and wait for good time to sell it. Nowadays prices are down & people need to be patience and wait for better market for huge profits. We also need to achieve the technological progress.