bjmpoker001
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Activity: 406
Merit: 10
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July 07, 2018, 10:05:33 AM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Panic selling is a common thing in crypto because the value of crypto is very volatile. When the market falling, peoples with no experience will sell to avoid or cut their loss. But if they knew later the price will be corrected back, they would not sell their coins. |
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Litzki1990
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July 07, 2018, 12:10:51 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Panic selling is a common thing in crypto because the value of crypto is very volatile. When the market falling, peoples with no experience will sell to avoid or cut their loss. But if they knew later the price will be corrected back, they would not sell their coins. I saw some of my friends are they selling of their coins that they have if the prices was drop down. Ill know it was first time for them in crypto so some of them ill tell to hold some of coins if the price was falling down and if have a potential coins. |
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steinkopf
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July 07, 2018, 12:16:41 PM |
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I'm very sorry that people do not trust crypto currency and panic sell their coins during the fall of the market. It seems to me that they make a mistake and miss their chance.
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Orrechorre
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July 07, 2018, 12:23:51 PM |
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I will suggest that you should't panic because it will make you take decisions that you may later regret, I think you should hold patiently until when the market recover because I am sure the price of coin will rise when the market continues to rise and this dip affects not only altcoin but also bitcoin.
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Jpt
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Activity: 374
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July 07, 2018, 12:32:57 PM |
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No the market will not go down all the time. The market is highly unstable, so becomes the price of coins. I am not understanding why people are panic when the market goes down? and why they want to invest in it when cannot endure market fluctuation. I want to urge all not to cause panic-sell, the market goes up and down, it always happens. You can be always on the look out to reap benefits amid these scenario.
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pavelkor
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July 07, 2018, 01:02:37 PM |
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I think it depends on the price you buy. If you only lose 10% of your money, then i suggest you sell and wait for a better opportunity to buy. If you lose 50% or more of your money, I suggest you keep it, rich always be richer, thats true, hold is the good way in the long term.
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Usui-Chan
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July 07, 2018, 01:08:52 PM |
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You should never panic sell. There are reasons as to why your coin or the whole market is going down, whatever the reason is, it will still revert back to its old state without you even realizing it. The smartest thing to do is to hodl your tokens and be patient, that is if your token had the potential to have its value again.
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hamster fat
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Merit: 10
simply getting the job done
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July 07, 2018, 01:32:58 PM |
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Panic often happens in all markets, this is normal. Usually panic happens at the time of the market's reversal. who sells on a panic usually regrets later about it.
At the panic time we need to have patience.
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nagasaking
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July 07, 2018, 01:37:48 PM |
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I do not think you should sell your tokens if you are not profitable, and I strongly advise you to sell your tokens if you succeed.
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zoird
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Merit: 10
S O A R . e a r t h
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July 07, 2018, 01:45:01 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
When the altcoins price started falling, I moved the "weak" coins to bitcoin and Ethereum. So I was able to reduce their losses, and after a while I bought the same altcoins, but cheaper. |
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Palider
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July 07, 2018, 01:51:45 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
No dont sell your token because you will only lose asset. It is much better to hold and buy during cheap tokens in the market and the last thing you do is to wait patiently until the bull market arrives so that you will enjoy profits from your coin |
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lucemferrum01
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The Future Of Work
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July 07, 2018, 02:08:42 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Don't sell your coins/token if you saw the market price is still dropping because in that case you can't get any profit if the market is none. Think wisely before you act because you will regret your decision if you sell all of your coin instantly. Sell if there's a bull not a bear. |
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AlexAtom
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YOUC - www.youengine.io
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July 07, 2018, 02:30:31 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
When you convert your altcoins into tether, it is same as you sell it to usd i think. Doing this won't be good because you sell it with a low price. Panic selling is not a good choice, unless you want to use your money. If you want to invest, hold it for long time to gain back your profit. |
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Labay
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July 07, 2018, 02:34:54 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Why you need to sell your coin when it attempt to dip? it is good to add more coin when you know it could go down. Don't try to wait the coin into a negative way because every year we do know that they always said that bitcoin will die but the price was still success and every year, the price rise until the good price. Don't be idiot by doing holding because bitcoin was too hard to die unless you have an unsure coin that cannot success when it dip. |
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likketil
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July 07, 2018, 02:54:51 PM |
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Before getting into some untought sell-offs, hodlers might accept how coins can become erratic and quickly changing these incoming years and clarify one clear approach.
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kingdomofhearts
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July 07, 2018, 02:58:32 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Panic selling is what makes the whole cryptocurrency market worse. What do you think will happen if majority of the players and investors in the market sell their shares? It will make the whole market go down even more, which if sustained, will cause collapsing of the whole market. |
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ParveZ219
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July 07, 2018, 03:33:05 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Dont panic...Nobody expected in 2013 that bitcoin's value will rise to such an extent..So nobody can tell the future..Whats there to panic and get loss then? Be confident...If you are not confident then you the not having an watch on the price vhart of bitcoin...So you must trade smartly...Dont panic. |
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Nemonemo
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Adoption Blockchain e-Commerce to World
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July 07, 2018, 04:16:37 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
No dont sell your token because you will only lose asset. It is much better to hold and buy during cheap tokens in the market and the last thing you do is to wait patiently until the bull market arrives so that you will enjoy profits from your coin Indeed with the unstable market conditions I think we do not need to sell our tokens, because if we sell our tokens it may be a wrong decision and harm ourselves, so we have to keep waiting for the right time to sell it |
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steins19
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July 07, 2018, 04:17:36 PM |
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It is not good to panic sell because it only gives you the risk to loose all your profit. So better yet choose to be calm.
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Farahtenan
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July 07, 2018, 05:24:38 PM |
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Due to unstable price of market, Is it now the best time to sell all the holdings of altcoin and revert it back to tether for safe mode? Will the price of each altcoin keeps going down? Please can anyone reach me on this.
Indeed, many investors panic with the price of coins that dropped very drastically. Because of the panic, they continue to sell just like all the coins they have without thinking about the future will be like what. And finally, they suffered huge losses due to panic. |
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