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Author Topic: I will never sell my Alts for loss: Prefer to take them to the cemetery!  (Read 3688 times)
zemper
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May 03, 2019, 01:16:09 PM
 #401

You can sell tokens at a loss if you are completely disappointed in the project and want to take back some money back. If this is a good project you just have to wait.
So it depends on the project most of all. That's why you should look for the best altcoins to be sure you can hold it even on red market. Anyway, it's still very hard for me to sell altcoins at a loss.

blockchainwriters
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May 03, 2019, 01:34:41 PM
 #402

It is advisable to hold the coins instead of selling those coins for loss highly recommended nt to react to Fud and nt to react to any panic news
der_troll
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May 03, 2019, 01:42:22 PM
 #403

I am a holder as well and I believe this is the most comfortable role for me, because I simply cannot trade. I am doing research and trying to be up to date with all major updates, but I am missing the point somehow. I am not speaking about selling your crypto for several cents right now.
Defimwh
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May 03, 2019, 01:50:11 PM
 #404

Good for you.. i'm not really familiar with the project and the cordano but i think it is good altcoin to have. but everybody have difference strategy in this market, if you want to HODL thats fine if you want to take a risk. i just want to tell you altcoin is very risk to HODL but if you win you can win bigger money than with bitcoin.
cryptolord2077
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May 04, 2019, 01:19:24 PM
 #405

I think it is much more important to be able to identify coins that have good potential in the future than to mindlessly store all that is in the hope that at least something will eventually grow.

profitgenerator212
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May 04, 2019, 01:43:55 PM
 #406

Hilarious! I recently got some coins from a platform I produced contents for(articles and videos) but it's market price has dumped terribly. I am now at the crossroads of either selling or holding like I have been doing. It is tough


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Ximoandali
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May 04, 2019, 02:41:15 PM
 #407

Most people selling off their alt coins are those that thought crypto was a get rich quick scheme. Right now, they have been disappointed by the market condition and are as frustrated more than they could have imagined. Lol.....you really don't have to take your alt coins to the cemetery, because they will obviously be a bull run coming through soon.
Yes, there are few left of those people who hold since 2017 , most of them have already come out of coins , and forgot about the crypto currency , I think if you have promising coins keep them and do not sell!

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GamblingIsWrongWay
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May 04, 2019, 02:51:23 PM
 #408

Not everyone chooses the same option as you to hold their altcoin assets and certainly not everyone has a strong belief that their altcoins will have high value for the next 1 or 2 years.
I think all choices depend on ourselves and the value of each other's needs.
I personally still hold some of my altcoin assets and sell unfavorable altcoins in order to survive.

chocopapaya
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May 04, 2019, 02:57:08 PM
 #409

Wow, you sound really angry.
Why would people selling make you so emotional?

And you are primarily holding cardano?
How is that working out for you?

Here is something to think about, instead of doing nothing for two years, have you ever thought about how much you could make in two years by actively trading?
If you feel concerned that you will make mistakes and its risky, there are so many guides on how to trade and the many different skills.

Losses are hard to accept, but there are many ways to cut your losses.

If you absolutely refuse to sell, then you should be buying more.
That way you reduce your cost per token significantly, making it much more easier to recover your losses.

asbak66
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May 04, 2019, 03:32:42 PM
 #410

Sounds stupid to me, why you don't take cutloss and buy again on the deep so it can covered your loss before instead still holding till the price back again?
Or take a look on another coin and then invest there to covered your loss?

Mr.ZODIAC
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May 05, 2019, 02:38:56 PM
 #411

Sounds stupid to me, why you don't take cutloss and buy again on the deep so it can covered your loss before instead still holding till the price back again?
Or take a look on another coin and then invest there to covered your loss?
I have already made sure that the portfolio should fill at least 10 different coins, because in this way I can minimize my risks.  If I bring in much more money for investments, then perhaps 50 or even more percent of all projects can give me real profit and it will be much better than losing Everything if you invest in 2 or 3 projects.
BitBustah
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May 05, 2019, 02:49:26 PM
 #412

Remember sunk cost fallacy, just because you invested money into something doesn't mean it will recover.  Many of these altcoins are going to die and never recover.  There are thousands of coins, only a few of the top ones will live on.
shadowdio
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May 05, 2019, 03:16:58 PM
 #413

You are certified long term crypto holder, and yes you should not sell your alts for loss, it is better to hold for now because in the next year or two, surely the market will bullish you will be millionaire someday.
onrise
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May 05, 2019, 03:20:22 PM
 #414

Most people selling off their alt coins are those that thought crypto was a get rich quick scheme. Right now, they have been disappointed by the market condition and are as frustrated more than they could have imagined. Lol.....you really don't have to take your alt coins to the cemetery, because they will obviously be a bull run coming through soon.

People who entered at the high or in 2018 where market just kept falling would have incurred losses and many of the coins are worthless and still if people are getting some price better to sell it and invest in best coins which will help you make some money.

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Stanlo
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May 05, 2019, 03:39:22 PM
 #415

You won't have a choice when you start seeing that the coins and tokens you holding unto are not what the seem to be ,my advice is you should hold unto very good altcoins and tokens to avoid any let down in the future
Zdraste16
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May 05, 2019, 04:02:24 PM
 #416

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!
Many tokens that I decided to hold since, at first glance, the projects were successful.  Now the price of the data token is low and different from the one that was at the first exit on the stock exchange.  Selling now does not make sense to me.  As with your case, I'd rather wait for high prices or otherwise their complete loss.
miklesm
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May 05, 2019, 04:13:14 PM
 #417

Well, it is quite risky to hold any altcoin for a long term, but currently it is not the best time to sell them if you are already holding them 1 year+ in case they are from top 20 CMC.
Asformu
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May 07, 2019, 11:13:55 AM
 #418

You should not be so psychotic, the cryptocurrency marketplace is a economic gamey, no general public. Should all the more break release. Whether you act towards Bitcoin similar this, I cohere, on the other hand representing additional currency, the danger ballplayer be bigger. No require to act cash.
crzy
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May 07, 2019, 11:18:49 AM
 #419

Well, it is quite risky to hold any altcoin for a long term, but currently it is not the best time to sell them if you are already holding them 1 year+ in case they are from top 20 CMC.
The risk is high if its a shitcoin, but cardano is not and there's a chance for this coin to pump high. Right now is still a good entry to buy because its recovering, and if we hit a good price again try to sell. I will never sell my coins at a big loss, aside from cut loss level. I see good coins that are able to pump again after the bear market, its the start again.
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May 07, 2019, 11:47:50 AM
 #420

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