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Author Topic: I will never sell my Alts for loss: Prefer to take them to the cemetery!  (Read 3683 times)
Bitbtc8
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May 12, 2019, 07:03:41 AM
 #441

It takes more than patience to hold coins and tokens till the next bull run because no one actually knows when the bullrun will return and this is why many people lose hope and sell off even at loss ,I don't tend to sell off at loss too even when I needed money so badly I still make sure I sell only when there is profit

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May 12, 2019, 07:15:33 AM
 #442

It takes more than patience to hold coins and tokens till the next bull run because no one actually knows when the bullrun will return and this is why many people lose hope and sell off even at loss ,I don't tend to sell off at loss too even when I needed money so badly I still make sure I sell only when there is profit
Hold altcoins and tokens really need patience. I mean, with bitcoin sometime we know when it will pumped because always happen. But for altcoin or tokens maybe if developer update their progress, there will be any movement in price of it.

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karsyla
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May 12, 2019, 07:28:55 AM
 #443

I feel the same way too, hodler of cardano since late 2017, did not sell it on 0.03$ a piece, won't sell it at any other price then...

shoreno
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May 12, 2019, 07:34:29 AM
 #444

Hold altcoins and tokens really need patience. I mean, with bitcoin sometime we know when it will pumped because always happen. But for altcoin or tokens maybe if developer update their progress, there will be any movement in price of it.

not only altcoins but bitcoin also , both of them needs patience so that you can be able to sell your coins at a maximum value  . bitcoins pump is unpredicatable as well as on altcoins though your right that the pump of bitcoin can seem to happen most of the times while in the case of altcoins  , thier pump can only occur rarely  . idk if devs update can make a coin move but there are still alot of factor that makes a coin pump  .
trauchot
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May 12, 2019, 07:40:01 AM
 #445

I understand you and your goals, but here everyone decides for himself, because we should not influence the opinion of another person who has made investments and wants to sell his altcoins or bitcoins now, because these are their investments and therefore everyone always decides what to do.
KrakenZ
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May 12, 2019, 07:41:57 AM
 #446

I also never sold my coins when in losses. I better keep the coins in my wallet for a long time, until the price is fully recovered. I am sure that the movement of crypto currencies is a dynamic movement so that one day the coins we save can be very useful and have value. If I choose to sell in losses it means that we have given up the crypto currency movement. Even though businesses in crypto currencies need a patient soul.
Netnox
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May 12, 2019, 07:45:33 AM
 #447

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!

Cardano is one of the alts that can be held for long-term to medium-term. Because it is backed up by advanced Haskell algorithms and it can emerge as a solution to many of the deficiencies that the top cryptocurrencies face. But the same can't be said about the vast majority of the other alts. In most of the cases, once they crash in the market, then they never makes a recovery. This has happened with a lot of the coins that I had in my portfolio. I can give you many examples, like GBYTE, TRC, QRK, IXC.etc.
Gheka
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May 12, 2019, 07:57:08 AM
 #448

Patience is an important virtue in cryptocurtency. Many alt have fallen below their cost or ico price many feeble hands habe sold at loss, instead of selling at a loss its better you hold and wait for it to rise. As long as the team are constantly developing their platform the price will surely rise again
I agree that patience is important but our patience should depend on the market situation, depending on the support of the community for the altcoin we hold, and sometimes selling in loss can be a good option to avoid deeper losses. Because as the situation you mentioned, when the price of altcoin has dropped below the ICO price, even if that team works better, the chances of returning are very low, almost just falling deeper over time, continuing to be patient and holding only makes us waste our resources, selling soon will reduce losses and open up other opportunities for us

steveabrahams
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May 12, 2019, 08:27:22 AM
 #449

I feel the same way too, hodler of cardano since late 2017, did not sell it on 0.03$ a piece, won't sell it at any other price then...
Well here is a good news for you. The price of cardano is increase right now because of the bull market, it's your chance to sell your coins or hold more to get more value. The price is around $0.075588   a piece right now. I actually also never sell my alts and keep holding until now.
microbb8
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May 15, 2019, 10:59:57 AM
 #450

This is determined by the correct tactic if there are coins from the top 20 in you. But if these are the coins that you buy at the ICO there may be problems.

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bolshojkush
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May 15, 2019, 11:14:29 AM
 #451

Personally, I prefer to get rid of shit coin in time, since it is better to buy cryptocurrency from the TOP 50 with this money.


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zhengqi
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May 15, 2019, 11:20:24 AM
 #452

I think many people have experienced similar feelings. There will always be those who sell their altcoins at a loss, these people never had a strategy and knowledge, they just came to earn, and as soon as the price fell in a panic began to sell, so as not to go bankrupt. In the cryptocurrency market, such people are not needed.

CAPT.DEADPOOL
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May 15, 2019, 11:25:54 AM
 #453

I think it's a difficult decision especially with altcoins and they have been losing much of it this year because it's losing the bitcoin price even though their losses are huge but they still hope to recover their losses holding their altcoins has this chance especially the bitcoin price rises so many investors are buying altcoins that are longterm and potentially so that somehow they marecover their losses to the holders of altcoins do not be afraid because if you know only longterm and you have the potential to hold altcoins I'm sure that it will return to its usual price.

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May 16, 2019, 05:07:16 PM
 #454

There are some coins that you can hold for a long time while others too, you can't hold for a long time. You don't have to make your mind to hold coins all the time, because you might ran at a huge loss.

Pamadar
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May 16, 2019, 05:47:42 PM
 #455

There are some coins that you can hold for a long time while others too, you can't hold for a long time. You don't have to make your mind to hold coins all the time, because you might ran at a huge loss.
Believing in such projects will allow you to hold on, but if you already seen nothing improving from your current holdings and you already losing your faith, best to let go and find another, you should have a  good analyzing skills in order to have a good sense picking each projects to invest your hard earned money, with lots of projects around just keep moving and hope for the best.
Muzahn
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May 18, 2019, 06:25:55 AM
 #456

This is a annually oscillation on the other hand this is the basic age i've encountered because 2014. A 7months bearish spice. I ambition everybody is hodling their specie. Suit achieve pament interest on blockchain and cryptocurrency. This is the rebellious application that desire modify the full thriftiness.
Snowworker
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May 18, 2019, 06:32:56 AM
 #457

It's so unlucky that you are entrancing this as well far-away. You buoy 't power anyone to mastery or deal. The affair that thither are dissimilar justification reason humans deal their altcoins representing low-priced.- It's buoy be as of an pressing pressure require.- it buoy be as they get base added currency or coins that's is probable to achieve good many than the actual single they are keeping.- It buoy be as the propose is maturing doubtful.
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May 18, 2019, 06:46:01 AM
 #458

Self-confidence have to be supported on an review. A hard feature defense have to be retained close to the bearers. Assets methods have to furthermore be confirmed, achieve not draw a blank to figure the minimal cost string when purchase so that you achieve not move caught in a large release.
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May 18, 2019, 06:49:56 AM
 #459

Various great scheme indeed vanish many than 95% of the big. Humans didn't recognise the measure of them. They oversubscribed out all things in care. We buoy add the marketplace is exonerating.
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May 18, 2019, 07:02:02 AM
 #460

That's a good decision but for me I'd say I will never sell very good altcoins for loss ,we all know that not all altcoins will survive so let's hold the ones that will be so useful in the future ,that's the only guarantee that they will grow bigger someday
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