Eugenar
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July 17, 2018, 01:46:10 PM |
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For me, it depends on the potential of the tokens I am holding. If it is promising, I will surely hold it no mattter how bad the market get. But if not and the volume is low, I'd probably not hesitate to sell it badsed on the buy orders just to get rid of it. Not all tokens are worth holding for a long period of time because some would just be a waste of time.
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cruzjoel12345
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July 17, 2018, 01:47:05 PM |
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In my own opinion when my tokens goes down i will not going to sell it because i will lose my money if i sold it. I will hold it and wait for the tokens to pumped again I need to wait to earn profit and be patient. Waiting is the key to earn big profit in long term holdings.
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Ragnar Lothbrok
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Merit: 10
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July 17, 2018, 01:48:04 PM |
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which I do certainly will not sell, because I will hold it until the price increases and starts to give me profit.
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notyours
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July 17, 2018, 01:54:56 PM |
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That depends on the Tokens you have purchased and if you bought it at ICO I'm sure that it is a great regret that you will feel if you are selling at 70% or 50% loss. That's why I'm not supposed to sell if you're losing. The market is just like this rising and falling and if you send your emotions you will lose.
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De_nis
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July 17, 2018, 01:57:28 PM |
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It all depends on the point of decline, the ability to correctly identify it speaks for a good sense and distinguishes real professional traders!
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hidden jutsu
Full Member
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Merit: 100
Binance #Smart World Global Token
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July 17, 2018, 02:00:10 PM |
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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?
the right thing to do if the token or the whole market had drop their value, then its better to hold it, selling it even if its price is still low will make you loss almost half of your holdings. so its better to hold it and wait for the market to recover before selling it again.
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daly896
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BITWIN
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July 17, 2018, 02:01:17 PM |
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It depends. Sometimes I hold it and in other cases I sell even in a big loss if I don't believe in future of this token. Nowadays I try not to sell at all,because crypto lost like 60-90% of it value
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Souldream
Legendary
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Merit: 1000
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July 17, 2018, 02:01:37 PM |
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I have my own strategy, and when I see that the token price touches the resistance line, I try to calculate the risks and tend to sell it, but this strategy helps to cope with emotions and avoid panic selling.
This is so much reality to my situation too if I had to do a decision about selling my coins. Sometimes I couldn't decide by what I would really have to do with mu coin because I'd still have to think it wisely and priority my needs before anything else. And infact needs issues are the reason why everybody are here in crypti world, right.
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ar72
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July 17, 2018, 02:02:34 PM |
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I dont think about selling when the price down because the only change that I invest and I had enjoy some from profit. Especially for now I will wait until the price rise again.
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Alexvid
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July 17, 2018, 02:33:16 PM |
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When my token dumps heavily beyond a level I can't take, I simply just hold for the future, will never sell in loss. Should my bag loss 50%, I will simply just hold, as long as the Crypto world is still alive, things will always bounce back.
Me to because if you sell at great loss you'll never have the chance to recover from it. This way at least there is hope.
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reverseflash
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July 17, 2018, 02:56:23 PM |
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In such cases, I hold. But there is another option, if I'm sure that the price will drop even lower, then I try to sell these tokens, then buy them at the very bottom.
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rodney0404
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July 17, 2018, 02:59:41 PM |
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When my tokens goes down hard, I didn't sell but I probably buy more if I have extra money to increase my holdings then wait until the market recovers and I will decide if I will going to sell or continue to hold.
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View_style
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July 17, 2018, 04:04:42 PM |
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I know that I will not sell coins. I do not want to lose profits. The coin will grow later. For me it's not critical.
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Bharathi13
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The Standard Protocol - Solving Inflation
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July 17, 2018, 07:13:42 PM |
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Not necessarily to choose always sell option as all the cryptocurrecy market is down. If the project you have invested is strong and have good future plannings than you better hold on. Cryptocurrency market is all about patience it's worth full to wait rather than panic selling and exiting market with 50% to 70% losses.
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energodar2019
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Merit: 10
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July 17, 2018, 07:25:24 PM |
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Be sure to put a stop loss, so as not to lose a lot. Over the last month, many coins fell 2 times! To prevent this - stop loss!
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BeeDrill
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July 17, 2018, 07:29:55 PM |
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It's a common mistake for beginners to sell coins when they start to fall, you need to choose coins so that you do not sell them in panic right after a minimal fall
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Rosilito
Sr. Member
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Wish for the rain? Then deal with the mud too.
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July 17, 2018, 07:30:24 PM |
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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?
No, I won't even make any move or touch it. It would be way more bettet if I would just hold it for a quiet a longet time. I won't waste because it is a profit, you just need time to make it a higher. So, holding is the very best option you could have so I would hold it. Always be cautious to what you do. Besides, I am not that desperate to buy somethings out of crypto I just want to stay calm and firm all the way time I would have token because if not I just like thrown out my chance of having a bigger profit.
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costgranda
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July 17, 2018, 07:33:29 PM |
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It is very bad to sell at a loss it. I have bought many different coins when capitalization of the market was twice more than now, now I wait for market growth. He it will be obligatory sometime. If you trust in projects in which invested that you shouldn't sell now.
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numbertech
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July 17, 2018, 07:45:57 PM |
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It is not easy to make a decision, especially when our coins are under great pressure. It might be a bit of research if developers are still trying to make positive steps need to be done, and if they stay on the right track, then waiting a little longer will help developers get closer to their goals...
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tonyosa
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July 17, 2018, 07:48:23 PM |
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I always resign to letting go when my tokens crash in price, I try not to invest too much in a particular tokens for this reason.i wait , hopefully they rise again in the future
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