If you're ~15% in the red, is it crazy to sell?

[iMark]

It will depend on the coin you decide to buy and the You in person so if you trade well and you now the coin Holding might be a good option but if you dont i will suggest you back away and sell at low loss than going so high and then crashing your funds out

Thats right, there are a few of things that must be seen before selling, even though the market price has decreased by 15%, first you are right, depands coins you bought,second market conditions, third trend is happening. when bearish trend occurs then there is no other choice besides cutlose

[LieTOme]

Every trading is of course a strategy and also the determination of cl is different. in my opinion the 15% category still has the possibility of turning back and doesn't need to do a cute lose

[BitcoinHunt3r]

It will depend on the coin you decide to buy and the You in person so if you trade well and you now the coin Holding might be a good option but if you dont i will suggest you back away and sell at low loss than going so high and then crashing your funds out

Thats right, there are a few of things that must be seen before selling, even though the market price has decreased by 15%, first you are right, depands coins you bought,second market conditions, third trend is happening. when bearish trend occurs then there is no other choice besides cutlose

At least, cutloss must be third option or last option when we can't do anything to help our investment. Don't let us regret to cutloss early and then coin up again. That is when trader's mental really tested.

[ongkok87]

if you see some signals for the future growth, than you can hold and wait a better price

if I myself would have been better to wait to return to normal to make a sale, because to get the results of the profit is certain, but if you make a sale that is still not perfect, the market conditions will lead us to loss. and that is certain

[darkr]

Selling altcoins so early is normal to do as a trader to avoid lossing more than unexpected price that will come in the market because nobody can predict price's in the market.

well, I might see the situation for this. I think it's still natural to sell it, but I think that depends on the price of the coin. if it costs thousands of dollars, I might sell it, and if I don't, I will certainly hold it back.

The market is going to grow again. The bulls are already close. I do not think that you should sell. 15% loss is nothing. It will be better if you hold it and also try the short-term trading with time.

[nl247]

Percentage should not determine why we should sell or hold.  Remember that those that are patient will make good profits in this market.  Trading is a game and you need to plan and know how long you can hold before investing your hard earned money.

Planning! That is the best word for it. A lot of people that want to take advantage of the market fluctuation enter it the same way of gambling, and if you do that, you are simply exposing yourself to a huge risk as a trader. Without a trading plan and strategy, it is just plain simple, you are gambling and the outcome is always horrific. Making profit in the market is one thing that has to do with your level of anticipation, knowing what to look out for before you anticipate, and having in mind where you want to be stopping loss based on your reward to risk ratio. All those put together coupled with other few things, makes up a plan.

[emmybd]

If you are a short-term trader, then it would be better to sell when you are 15% in the red, as in the present situation the market would go down even further. If you are a long-term trader then i would recommend you hold your coins, as the market would recover again.

[asyakashi]

if to cover the biggest loss then selling is a good decision, we know that this month all altcoins have fallen more than 60% and there is no other way than to sell even though they suffer losses.

[TitanGEL]

It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.

[Japinat]

It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.

You cut loss at the time you feel the price will continue to go down.
With this done at the right timing, you will be able to minimize your loses or you can be profitable when buying at a lower price.
Market will rebound even at bearish period, so choose the right timing and be patient as it will certainly just come.
I wish I'm really consistent in day trading, money would be easy for me for sure.

[Coin-1]

It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.

You cut loss at the time you feel the price will continue to go down.
With this done at the right timing, you will be able to minimize your loses or you can be profitable when buying at a lower price.
Market will rebound even at bearish period, so choose the right timing and be patient as it will certainly just come.
I wish I'm really consistent in day trading, money would be easy for me for sure.

Of course, a successful trader must act on every crash. It is not crazy to sell crypto currencies for a cheaper price -15% if you feel that the coin markets will fall in the intermediate term. Always listen to your moods, read news and do not rely on technical analysis, because crypto exchange markets are highly manipulated and unpredictable. Choose the entry point correctly and you will not suffer losses.

[gabmen]

It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.

You cut loss at the time you feel the price will continue to go down.
With this done at the right timing, you will be able to minimize your loses or you can be profitable when buying at a lower price.
Market will rebound even at bearish period, so choose the right timing and be patient as it will certainly just come.
I wish I'm really consistent in day trading, money would be easy for me for sure.

Of course, a successful trader must act on every crash. It is not crazy to sell crypto currencies for a cheaper price -15% if you feel that the coin markets will fall in the intermediate term. Always listen to your moods, read news and do not rely on technical analysis, because crypto exchange markets are highly manipulated and unpredictable. Choose the entry point correctly and you will not suffer losses.

Well that's averaging and it's always a sound strategy for a lot of people especially those that are well experienced already and those that have good amount for capital. Not for me though. Prefer to be more on the investor type.

[Barbut]

It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.

You cut loss at the time you feel the price will continue to go down.
With this done at the right timing, you will be able to minimize your loses or you can be profitable when buying at a lower price.
Market will rebound even at bearish period, so choose the right timing and be patient as it will certainly just come.
I wish I'm really consistent in day trading, money would be easy for me for sure.

Of course, a successful trader must act on every crash. It is not crazy to sell crypto currencies for a cheaper price -15% if you feel that the coin markets will fall in the intermediate term. Always listen to your moods, read news and do not rely on technical analysis, because crypto exchange markets are highly manipulated and unpredictable. Choose the entry point correctly and you will not suffer losses.

Well that's averaging and it's always a sound strategy for a lot of people especially those that are well experienced already and those that have good amount for capital. Not for me though. Prefer to be more on the investor type.

When price is crashing you don`t sell, you are buying. If it drops more you buy more, its buy support. It`s what you do with bitcoin price bounce back eventually, so what we need to do is to act on time. You don`t buy on tops, you buy in dips, and when you sell you sell when price is rising so you have some profit. 15% from 100$ is 15$, so what if you are in loss, wait longer, buy support and when it rise you will make even more profit.

[abel1337]

I dont literally sell my coins that fast , Even I lose 50% of the value of the coin , I make a research first about the crashed coin then think about my second move on will I sell or will Hold it for long. Research is a must If you hold coins.

[alentmay]

It will depend on the coin you decide to buy and the You in person so if you trade well and you now the coin Holding might be a good option but if you dont i will suggest you back away and sell at low loss than going so high and then crashing your funds out

I think it is now a fluctuating market and in this market if someone is losing in his coins then he have to wait and  do not need to worry and to sell. If we will be in patience and will wait for longer time with our coins then the price of that coin will also recover and will reach to more higher value to profit the holders.

[logicgate]

It will depend on the coin you decide to buy and the You in person so if you trade well and you now the coin Holding might be a good option but if you dont i will suggest you back away and sell at low loss than going so high and then crashing your funds out

I think it is now a fluctuating market and in this market if someone is losing in his coins then he have to wait and  do not need to worry and to sell. If we will be in patience and will wait for longer time with our coins then the price of that coin will also recover and will reach to more higher value to profit the holders.

  Yes exactly market is fluctuating and it is never been stable. So waiting and holding is better than taking risk to sell it but mostly people get emotional and sell their coins at panic which is crazy decision according to me even if the fall of 15percent is so miner for you but even then no need to sell just hold.

[gembirdprivate]

If I were you,I wouldn't sell, I'd just wait. You are right to note: the price will soon rise. We can only wait

[rapsa2018]

It's better to sell early than wait until the price get drop and drop you will loss a big money if you dont aware is the price will going down.

[befriendmywater]

Hey,
I didn't act on the recent crash,,, i had bought at about 230$ markets currently just above 200$
I know the right idea is likely to hold, as the market will go up eventually.. but i predict in the intermediate term it'll go down further.
I guess this is where the psychology of trading comes into play.. I'm in regret and want to sell at a 15% loss in order to have a chance of making the 15% back and then be able to continue trading as i was before the recent dip.

When you're 'marooned' with coins that are worth less than you bought them is the right idea; always to hold?
I just want to practise trading further... and have no spare capital to do so.. 

When you have no reserve funds, you have failed. In the area of investment, we not only have strategies, we need to have a financial management mind. We need more detailed and realistic planning for the next investment. Now you should only hold because the market will grow again soon.

[lamadu3]

if you see some signals for the future growth, than you can hold and wait a better price

if I myself would have been better to wait to return to normal to make a sale, because to get the results of the profit is certain, but if you make a sale that is still not perfect, the market conditions will lead us to loss. and that is certain

Yes, it is better to hold. The market has come close to the point when the bulls can run into it any moment. Better do not risk and do not sell the altcoins when they are so cheap - wait simply.