Token goes down. Wait or sell?

[Pablobiz]

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.

Minimizing the amount of emotion that seeps into your decision-making process should always be the goal for any investor, because if you can beat your emotions, you stand a better chance of beating the market.

[Pablobiz]

Hello everyone!

We all know that the situation with market is not that good as we want it to be. Thus it affects a lot of ICO projects. On the one hand people don't invest in coin so much money as they did last year. On the other bounty hunters sell tokens fast and the price goes very low. That is why some projects prefer list their token on Idex first. They want to see how a coin plays on market.

And what investors should do in such situation? Sell all they have for small money or wait until a token will go up?

What is your idea?

 

If you think that the price will fall, then you can sell and buy cheaper after a while. If you are afraid that you will not be able to do this or doubt that the price will fall, then just wait. The market will not always fall, who has the patience that will get the maximum profit.

Given the extreme volatility that is inherent to the cryptocurrency market, the urge to sell in periods of market decline is only natural. However, I will highlight 3 key reasons why investors should resist such an urge, and instead, consider not selling their cryptocurrency assets during a market downturn. The 3 reasons are as follows:

1. Timing the market is impossible.
2. Do the fundamentals check out?
3.Technical Analysis: Has the cryptocurrency hit a key support level?

[abattoir1753]

i would sell them as fast as possible, unless you have way too much trust in the project, with the amount of projects coming out everyday it is common to see that the majority of them fail, so try to sell them to avoid unnecessary losses.

[rodney0101]

If you believe in the project and seems a good potential in the future then hold the token that you're holding and if you have extra money then buy some of your holdings to increase your holdings and wait until the market recovers. After that decide whether you'll sell it or continue to hold it.

[Gorodcoin]

Of course you should wait, panic sell is really bad idea. Patience will bring you profit, so don't even think about to sell it. This is popular mistake

[indopool]

If your analysis at the beginning of choosing an ICO project is correct, and the ICO project is successful, don't panic with the decline, it's only temporary, and the coin will return to its original price even higher. so don't let panic eliminate your profit potential.

[windman8080]

everything will depend on you, how much you believe in the project? do you think it has any real-world use? if the token has a future or will simply be used for the ICO? it was a well thought out, well-managed and roadmap-compliant project? sometimes the tokens come down in price because bounty hunter or investor dumps occur because they are already tired of the project, but that doesn't mean that the project will have no future

[Tahdayi]

Well, depending on what the token, but usually judging by the market, it is always when the tokens fall then they return to the same line

[Dessy88]

many have told you to wait, bro, because their opinions or suggestions are better to wait patiently than you will feel regret for your impatience. it is difficult to predict the increase in price

[akunta]

Hello everyone!

We all know that the situation with market is not that good as we want it to be. Thus it affects a lot of ICO projects. On the one hand people don't invest in coin so much money as they did last year. On the other bounty hunters sell tokens fast and the price goes very low. That is why some projects prefer list their token on Idex first. They want to see how a coin plays on market.

And what investors should do in such situation? Sell all they have for small money or wait until a token will go up?

I'm asking as a person working in such project. After ICO token price went down (KCY, I'm sure you heard of it). And It is interesting to know investor's opinion about such situation.

What is your idea?

 

yes the market is kind of funny today, but i don't think selling is a strategy now (in case you already have anything). there's a kind of a process - wait and see

[Sevaev]

I do not think anyone wants to lose by selling at a cheaper price after buying at a higher price. I would rather hodl every coin i have and sell only when the market rises. I can not stand the chance of losing. Hodling is my policy and would always stick to that.

[Sandeep24]

I think, If token goes down then you can wait because crypto market is volatile and when market goes on top then your token price will go to high automatically then you can decide for sale. I am personally recommend you, if you want more profit then you should be set your goal for long term investment.

[sukmo]

In such a situation it is only yourself that can determine, a belief that could be the solution, if you believe that the price of the coin will rise in the future you better keep hold of it or vice versa.

[rahul10948]

I believe that if the project is good the coins on the market not much will fall in price quickly and will increase coins. and if the project was created initially that would make money and not to promote their technology from the fall of the price nothing will save. that's why I sell tokens. because out of about 10 projects, only one starts to rise in price, which is talking about a good team that cares about their project and doesn't let it fall. So for best coin wait and for worse sell

[btcCoincart]

What is your target? $100 to win $1000 or $100 for $200? Set the target clearly and follow it. If it's not what you want, hold if you are holder. But if it's goes down 10% of your assets, change to some coins else if you are trader. Just determine who you are and then you will find your own answer!
Good luck mate!

[Sundiego]

The tokens are too low and transition to bitcoin continues.They can fall further but I will wait because they are too low.

[boss82_big]

 Well, in such a situation you need to evaluate your token and understand for yourself whether it has a future or it will simply fall and its price will drop to 0. If so, you need to sell, but I think it's better to wait and its price will grow.

[arditiyan]

I see almost 75% of tokens have a very significant drop, even above 80%, I prefer to see the fundamentals and if it is good, then I will hold it

[prrlc]

All tokens going down everyday, In my opinion there is no way, I am waiting for the good times. If you are not sure the what will happen, nothing the best way

[TooDumbForBitcoin]

Well it is not an end in my opinion. Bitcoin dominance will grow further until ~65% or even higher and most of alts will continue to fall