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Author Topic: When your token goes down hard, are you going to sell it?  (Read 4535 times)
TheFirstCreator
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May 24, 2018, 08:58:23 PM
 #301

When coins are too low in price, I do not sell them because in that case I still will not get any profit, but there is a chance that the price will grow in the future.
senne
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May 25, 2018, 05:03:14 PM
 #302

When coins are too low in price, I do not sell them because in that case I still will not get any profit, but there is a chance that the price will grow in the future.

This might be the best policy to hold the coin and not to sell but there is also a technique of buy back where when market is falling and it has more scope of falling then you can sell and buy at more lower point but it needs proper market study as one wrong step can cause more loss than profit. Also, sometimes the coin is failing due to scam issues then I will suggest you to sell your coin as there is very less scope for coin to regain its value.
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May 25, 2018, 05:04:15 PM
 #303

Usually, I will not sell it. My choice is to close my wallet and forget it, because it has collapsed, so it is meaningless to sell it.
lukeclick
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May 25, 2018, 05:26:25 PM
 #304

I don't think its the best decision and neither is it in your best interest to sell when the coins are in the dip. This time the coins have lost value and is probably struggling ,selling them means you let go off at a cheap price and making losses in the long run which is not something we would like to be doing. When the coins are losing value, the best thing to do is to be patient with it as much as possible , wait till its past the red zone, especially id the coin is a good one
nakamura12
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May 25, 2018, 05:44:23 PM
 #305

Selling low value tokens won't help you because you will lose profit or won't earn at all. Example is when you have tokens that cost $100 and then the token value drop to $80 then you just lose $20 that is why you should keep your tokens before major coins like bitcoin and ethereum's price increase before selling. Some sell their tokens because they panic that their tokens might be less value than the current drop price.

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maynguyen
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May 25, 2018, 05:50:59 PM
 #306

Although bitcoin and some cryptos go down for a long time but I am completely optimistic about the crypto market. I will not sell my token when it goes down hard.

CaMeRoNy
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May 25, 2018, 07:44:46 PM
 #307

I prefer to keep all altcoins or tokens until its price increases several times, and then sell it. If the token price goes down-then do nothing.

biskitop
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May 26, 2018, 04:32:59 AM
 #308

no, the exchange rate is too low, it is impossible for me to sell it. usually within a period of one month, the value can surely rise.
Umkar
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May 26, 2018, 04:49:09 AM
 #309

Do not always need to sell tokens that are lower in price. If this is due to a general market fall, then this has nothing to do with the specific token. If this happens against the background of the general rise of the crypto currency market, then this is an occasion to reflect on the future of your tokens. Then you need to check the project, which led to the release of the token. If there are unrecoverable problems, then such tokens need to be sold.
TXCEO
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May 27, 2018, 08:44:37 AM
 #310

Because everyone's idea is not the same, their operation will not be the same. If I encounter such a situation, I may sell my cryptocurrency quickly and reduce losses!
JohnnyBG
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May 28, 2018, 04:17:22 PM
 #311

It is easy, honestly, there are only two choices, right? To sell or hold for a bigger period of time, but fear starts to play tricks with our mind, and telling us to sell in order not to have a bigger loss. In order for that not happening, you need to have a plan.
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May 28, 2018, 04:22:20 PM
 #312

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?
In my own opinion I don't really sell my tokens when the market declines what i have to do is to hold it for the next fluctuations.The market will move upside down due to votality in which we are open minded that corrections will always happen.Better hold your coins instead of panic selling,you will not profit unless you wont have a strong heart and mind to control it.
Umkar
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May 28, 2018, 04:38:34 PM
 #313

Here there can be a different situation. If before that the market has decently risen, bitcoin and ethereum have grown very much in price, and all the altkoys have risen with them, then, when they just started to go down, if necessary, it is expedient to sell their tokens. This will practically be the peak of their prices. Therefore, if you thought to sell them, then this would be the most convenient case. However, this does not mean that with any drop of bitcoin or ethereum you can sell your tokens. It all depends on the specific situation.
brelok777
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May 28, 2018, 04:41:31 PM
 #314

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?

To sell a token when its price has decreased is not a good idea. When the price of the token is reduced, you should buy it on the contrary. But you need to sell the token when its price grows.

emmaong12
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May 28, 2018, 05:06:42 PM
 #315

No, buy high,sell low doesn't work well.
AzamNurWahid
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May 28, 2018, 05:35:12 PM
 #316

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

bitgov
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May 28, 2018, 05:36:38 PM
 #317

I think not, if i have any tokens and i hodl them that means that i believe that their price could go to the moon so some downs won't make me think that this is the end of this tokens price.

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BlakeMye
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May 28, 2018, 06:35:41 PM
 #318

No, i will wait for the best price.
solnechno
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May 28, 2018, 06:41:16 PM
 #319

Now there is nowhere to go, so you have to wait for the price increase in the market, I'm not ready to sell my coins and lose some money
Just John
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May 30, 2018, 09:36:16 PM
 #320

There is no way that I would be selling any of my tokens when the prices are down, doesn't that defeat the entire point of owing tokens in the first place? I am here to make money and selling tokens at a low price is not making money. When the prices of tokens go down, I will hold them till the price recovers

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