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Author Topic: I will never sell my Alts for loss: Prefer to take them to the cemetery!  (Read 3683 times)
goaldigger
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April 25, 2019, 10:10:12 PM
 #361

As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!

"invest what you can afford to lose"
Weve seen this phrase a million times in the forum and thia is also why its okay if you will never sell cardano if its in a negative state that you rather take it to your grave. Sadly, some people need to sell coins even loss becauae they need the money..

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wheelz1200
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April 25, 2019, 10:59:41 PM
 #362

This is a very interesting position. I, too, sometimes really don't want to sell my acquired and earned altcoins for cents and then regret it.
I prefer to wait long and very long to achieve success with them, and he will definitely come.

I'd rather sell my position for a loss and move it to something more promising, holding EVERYTHING until it makes a profit is not the beat stategy.

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April 26, 2019, 06:20:15 AM
 #363

You are a wise man, you are absolutely right - there's no need to sell coins for loss,the market is very unpredictable ,maybe in a year your Cardano will cost 1 $ per coin..But  there's also no need to take your coins to the cemetery,it's better to pass them to your kids.
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April 26, 2019, 06:27:18 AM
 #364

wow how much expression) the market is changing a lot and it’s not a fact that in two years your altcoins will cost at least something), although I will tell you a secret I also save altcoins in the hope of a subsequent profit, but the truth is that the majority Altcoins will die.
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April 26, 2019, 06:54:31 AM
 #365

I don't know why you say that, it is different from what I think, if indeed price of the token has very cheap price, it is better to hold it for longer time and the second option is to sell at a cheap price to invest in other coins that have potential to restore the loss you experience

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nerlial
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April 26, 2019, 07:51:55 AM
 #366

I also never sold my Altcoins until they reached the goals I had hoped for. To sell at a loss is too wasteful I do not have that luxury.

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April 26, 2019, 07:56:12 AM
 #367

This is a good decision you have made but it depends on the kind of token you are holding. Like you mention cardano , this is a serious project from what I research and is a good one for long term. Not all project will be like this so it’s good to hold good coin that you will Ben happy holding no matter the price fall because you know things will be back to normal.

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April 26, 2019, 08:11:50 AM
 #368

I don't know why you say that, it is different from what I think, if indeed price of the token has very cheap price, it is better to hold it for longer time and the second option is to sell at a cheap price to invest in other coins that have potential to restore the loss you experience
Good point. I mean if there is a coin that have a better potential and a good future, it's better to just move on from that coins to the new one. Sell your altcoins for loss for a better one is a good choice then keep waiting until the price increase. So take your choice wisely.
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April 27, 2019, 04:52:12 PM
 #369

But nobody ever knows when this project really dies and what will happen after it dies, I agree that each project has its own preferences, but I think that still projects have the opportunity to make a breakthrough down several times, so be neat in this
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April 27, 2019, 04:52:38 PM
 #370

Sometimes I sell coins in a minus. I think everyone does it. It is more profitable than just looking at how the market continues to fall. I think every trader does it.

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April 27, 2019, 05:32:54 PM
 #371

If you are holding a shitcoin, put that thought away. If you're holding a good coin, it's worth the wait. In my opinion, if you hold a lot of altcoin, then eliminating the dead coins should only focus on a few strong coins, don't lose everything.
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April 27, 2019, 05:56:43 PM
 #372

As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!
Don't you think cutting your loss at an earlier stage is the best thing to do. Imagine you bought Bitcoin at 15k it went below 14.5k cutting loss here is a wise decision than holding till 3k. That can be suicidal in my thoughts.
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April 27, 2019, 06:13:16 PM
 #373

Of course, I agree with you that the cryptocurrency market is now living is not the best of times, and many are in a panic selling their tokens in order to just get out of the market without realizing that everything will be restored in time.
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April 27, 2019, 06:57:37 PM
 #374

I can feel what are you saying... But we cant so sure about anything. I know the crypto market very unpredictable. coin price can go to the moon or it can die forever. but we can do limit our losses when it dying. I personally know some people didn't sell their BTC at $18K. they expect much more. but it didn't happen.  But if we accept some profit and some lost we can go good journey in this field.

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April 27, 2019, 07:07:40 PM
 #375

As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!
not all coins are good in holding congratulations you are holding a good coin which is cardano ask those who are holding shitcoins or some good project which was just pumped due to some news and later dumped such as Neo, sometimes it pays to also cut loss, so selling at loss pays sometimes

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April 27, 2019, 07:13:11 PM
 #376

I also had such approach when i started but then i realized that it is much better to sell in loss when the reversal is confirmed because i can always buy from the bottom or atleast try to find the bottom and get in again this strategy will give you even more alt of your choice and massive gains when coin recover fully.

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April 27, 2019, 07:18:53 PM
 #377

We are very similar in this. I do not understand people who sell their coins to themselves in a minus, is it really hard to wait a bit and not only get your money back, but also earn!
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April 27, 2019, 08:04:20 PM
 #378

Don't forget that you only lose when/if you sell. Till then there is always hope that price can recover.

And always try to have a diverse portfolio to minimize the risks. Diversity is the key to a decent portfolio, no matter how much you believe something will rise. Otherwise you're just gambling on one thing being successful

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April 27, 2019, 08:08:43 PM
 #379

We are very similar in this. I do not understand people who sell their coins to themselves in a minus, is it really hard to wait a bit and not only get your money back, but also earn!
I agree.  It is better to wait and earn more than to be patient and in the red.  It is necessary all the time to adjust to the market.
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April 27, 2019, 08:14:15 PM
 #380

I personally do not see any reason why people sell their altcoins for loss because you are already in loss, selling at that point will not only lose your money but will also deprive you of the future profits you can make from the altcoin, thereby causing you to regret your actions in the future.
It depends upon which coin you have invested, since there are a ton of projects which is there to pump and dump and exit scams and if you think that keeping those coins for the long terms will be a bad choice, the first instant is making a bad choice in investing in those projects and thinking that those projects will reap you benefits if you are holding for the long term is another myth as exchanges will delist these coins if there is not much volume for a long time and then you end up taking those coins to the cemetery  Cheesy.
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