Why are you selling your altcoins so soon?

[rachman mahesa]

Why is selling an altcoin always fast? after listing in the market, after distribution. Maybe a lot of people do the same thing as I do selling altcoin very fast. I sell altcoin because maybe I need capital or funds for everyday life. And also I sell not originally but I see the price that I think is right for sale. Therefore I sell when I feel right to sell.

[qualitywork]

Because of the need of money my dude, I personally don't want to feel like "damn I lost some money on that's alts' so what I do was to sell even at loss, besides there are some bills to cover right.

That's right, Even I waited patiently for a long time but there was no changes in the market, So I finally gave up few coins to afford my general expenses. Yes I was very disappointed while giving them for cheap price as I was dependent on this.

[Jaggi90]

I am not selling my coins even I invested some money in this low market. Crypto market will rise again and then my decision will give me huge return.

[arpon11]

Most people sell they tokens or altcoins for almost loses of the price they invest in ico and the most surprising of the whole thing is that they keep investing.  Trading is game and you have to have strong mind before you can invest rightly.  I believe that there are some coins that worth selling because there have no futuristic value and if one mistakenly invest in those coins it is better you sell early than keep holding.

[paderobin]

To me I will go with the idea of selling some of my coins, because most of them  have depreciated but at the same time I will be buying back some more good altcoins so that I can be able to average my loses.

[Mysteryla]

Those who sold their altcoins, perhaps good altcoins for bitcoin, by now would have seen the same bitcoin plunged. Which is to tell them that there is no coin that cannot plummet. There are some altcoins that are rising despite the dip. They should have kept the good altcoins for some time and sell those that seem to be shitcoins for bitcoin.
Sometimes, whenever any dip is noticed, one can convert into stable coins, such as TUSD.

[donass1]

Inexperience i would say. A lot of people got into cryptocurrency this year 2018 after the Bitcoin all time high of 20k usd that shook the media. People came to dig the next gold without intricate knowledge of the market. This has caused a lot of weak hands we have today in cryptocurrency

[prasad87]

Inexperience i would say. A lot of people got into cryptocurrency this year 2018 after the Bitcoin all time high of 20k usd that shook the media. People came to dig the next gold without intricate knowledge of the market. This has caused a lot of weak hands we have today in cryptocurrency

Indeed. But this is nothing to complain about. More coin for us

[Karlblaise1]

cryptocurrency activities are not stereotyped.
some will see reasons to sell, while others will see alternative reasons to buy.

For instance;
You saw a viable coin that you believe will appreciate in value on the short run.
That's one signal that the coins in your possessions are not showing; what do you do?

sell off the one in your possession for the viable option.

Other people may sell for varying reasons like FUD; etc. One thing is for sure; there will always be some people selling while others are buying. That's what makes cryptocurrency and exchanges unique.

[Dhaniii]

I think there are many reasons why they sell too early, one of them is maybe panic selling. they are afraid that prices will fall even deeper, or they are happy to get a little profit. but clearly, the reason they sell their altcoins is the best for them. if I am the same, I will hold if I still lose, and will sell even though get a little profit.

[Yamifoud]

Inexperience i would say. A lot of people got into cryptocurrency this year 2018 after the Bitcoin all time high of 20k usd that shook the media. People came to dig the next gold without intricate knowledge of the market. This has caused a lot of weak hands we have today in cryptocurrency

We cant blame them either cause they only think that by having crypto will be easy for them to get money but they are wrong.  They are manifesting their own knowledge without even doing a thorough understanding of the market trend.

[crustycrab666]

The most realistic reason is to avoid greater losses, gain profits, and for life's needs. The decision to hold or sell tokens is the absolute right of each holder, based on the analysis and needs. We cannot say "hold is the best", because it is all very relative, depending on market movements and timing.

[lappa1414]

For the most part, on the early, feared that all will fall even below. And then, in the end, bought again. But now something is going on with the market inexplicable

[Thyphon]

I sell my altcoins gradually, then I'm getting gradual again. By doing so I increase the amount of coins in my wallet

[Ben Shedly]

I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it’s way to early to be selling your altcoins. It’s like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

A smart investor will never invest all his money in one coin. Whatever prospects she has, there is always a chance for unforeseen developments.

[fathur01]

I do not sell my coins or tokens until I get profit from the fact that I invested in them, in most cases, this tactic works, but sometimes it's worth selling, since you will go into the minus.

[jonsky05]

I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it’s way to early to be selling your altcoins. It’s like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?

Some of people in crypto is hurry to sell their coins because some of are wants a easy money which is wrong mostly to new comers in crypto.  If wants to succeed in crypto its better to know  everything  and study it so we know how we handle and manage our funds in crypto.

[Russlenat]

I won't sell my holdings anymore, thus are intended for my long term holdings because I already earned money from my previous investment so that what I have left now is for my future goals.

[sixexgames]

I think a lot of people are following the herd in this bear market. Some people are dumping their altcoins and hoping to buy back in at lower prices. It may be working out so far, but at some point people will get burned.

[Joshapat]

Of course there is no hope, the number of ICOs of course makes the future of altcoins, especially tokens difficult, very tight competition has made many tokens to die so that when there is negative news about tokens I immediately sell even though I lose.