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Author Topic: Why are you selling your altcoins so soon?  (Read 70068 times)
nightl
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April 24, 2019, 11:25:53 AM
 #721

I get used to the realities of the cryptocurrency market. Tokens that are not strongly supported by the community and do not have a unique concept will eventually only fall in price.
Therefore, you need to sell them before, or just trade them on market.
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April 24, 2019, 11:28:53 AM
 #722

This is a kind of fear that always accompany them. With such a fear in mind users decide to sell thinking there won't be any price pumping further. Same time some used to sell to meet their regular needs. Selling of altcoins needs to be done after strong research, because the next day you sell the market used to pump.
if it's not urgent, I think the current market conditions are not good for selling altcoins, seeing that bitcoin has started pumping, I think soon there will be a move from the altcoin after a small decline.

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April 24, 2019, 11:33:29 AM
 #723

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?

What you mean is "holding for now" smart investors must have several reasons, it is possible to manipulate prices, or maybe because the altcoin is indeed not feasible. Choices or decisions depend on what we see on the market and what information we have.

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April 24, 2019, 11:36:18 AM
 #724

Alts are volatile in nature due to its lack of support, maybe y you are some of the believers but mostly likely not for others, bitcoin reverse are far more stable and thus people tends to be weak on such trends, with lack of volume it's also very difficult for small altcoins go back onces its low, market is cruel

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April 24, 2019, 12:34:36 PM
 #725

The biggest lesson I got from last year was that HODL could be the right choice, but we must have a target. Every time there is a new project with interesting features, it can be better.

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April 24, 2019, 12:40:20 PM
 #726

The biggest lesson I got from last year was that HODL could be the right choice, but we must have a target. Every time there is a new project with interesting features, it can be better.
if hold without doing any analysis we could trapped in sharp bearish trend.for example we sell our asset while crypto price down more than 20% maybe our loss now not as big at this moment.we still have 80% from our total value.

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CAPT.DEADPOOL
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April 24, 2019, 01:10:29 PM
 #727

I think I do not sell the altcoins that I hold if the price is cheap because if I sell cheap I will be a big loss so I just hold it until the price of the hold increases if altcoins hold it for a long time and the holders if altcoins are already listed on exchanger but volume or volume is low and no buyers are more willing to sell because of the buyers and I can not just sell the loads if altcoins because holds if altcoins have the potential and longterm so I do not have to worry because I'm sure to hold if altcoins are much because losers have holders because of selling so you should take heart and trust in hold only altcoins especially if it has potential.

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April 24, 2019, 01:25:43 PM
 #728

I am selling my altcoins so soon because there is no clear information about the project, as we know that there are currently too many shitcoins that make competition very tight and many coins die.

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April 24, 2019, 01:35:01 PM
 #729

I am selling my altcoins so soon because there is no clear information about the project, as we know that there are currently too many shitcoins that make competition very tight and many coins die.
Very nice decision, if you seen that there's no clear path with your coins best to sell it out and never to hold it that long, with those numbers of coins being showed up and developed many of them will die naturally, if you can sell it right away and take the value, reinvesting it with something that might bring good revenue to your investment, decide and make a good stand, forget about anything if you are already done with your tokens.
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April 24, 2019, 01:59:00 PM
 #730

Not all the time. Yes there are times that I sell my altcoins right away after I recieved it but there are also some times that I hold it for a while. I think it depends on what altcoins we are talking about and the current condition of the market. If the altcoin has big potential in the future, then hold it, otherwise, better sell it.
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April 24, 2019, 02:11:49 PM
 #731

Not all alts are worthy of a long HODL, so most alts that do not have a good roadmap once it hit the market and there's a little gain from it I just sell and reinvest the proceed on another alts that has true potential
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April 24, 2019, 04:06:22 PM
 #732

People, who need cash urgently can do it, and we must not blame them for this. We do not know what is going on in their life. probably, they suffer too much. Personally, I am not going to sell alts as my job brings me a good income.
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April 24, 2019, 10:18:10 PM
 #733

Am not selling any of them now. What am doing is buying more of them because I believe that this is the best time for me to buy those that I don't have yet in anticipation of a new all time high which could happen this year or next year.

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April 24, 2019, 10:31:05 PM
 #734

I think that we will be wrong if this time we sell all Altcoins. Because bitcoin is rising again and the crypto market is getting better in 2018. You can see on coinmarketcap the Altcoins is increasing.
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April 25, 2019, 11:19:36 AM
 #735

Why am I selling my altcoins very soon? Simply because I want to earn profit very soon to cover the losses I've get from the past years so when I get some altcoins I immediately sell it or trade it. Because for now I am start day trading in which I am getting more profit because of this trading. Last time I am in bounties but know I am starting to explore the world of trading because many people it is a good to learn about it and make some money buy just trading and get some profit on it. For now I am using a trading platform in which very unique and this is the Bittreo because in this platform it is easy to withdraw and deposit cash so that the people will not be hassle when they want to cash out or withdraw their earnings and because Bittreo’s online exchanges offer a referral commission of 30 percent of their trading fees for the person that is referred for the lifetime they trade on Bittreo’s platform this is one of the features of bittreo so thats why I am using this platform.
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April 25, 2019, 11:37:23 AM
 #736

I'm not selling my altcoins cheaply for now. hodling is key and it requires patience and determination. I'm a proud hodler and hodling till I gain much value.

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April 26, 2019, 12:45:39 AM
 #737

i have the feeling many noob traders joined the market buying expensive and selling cheap.

wait when the btc and alts are rising again. they will buying them at a high price again and yell how bad such investments are.

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April 26, 2019, 12:51:29 AM
 #738

Sell coins quickly because to avoid decreasing the price of coins and avoiding losses. This has been done very often by buying coins that have better potential. I also sell some of my coins and I trade with the top 10 coins because they are more developed.
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April 26, 2019, 04:41:00 AM
 #739

Sell coins quickly because to avoid decreasing the price of coins and avoiding losses. This has been done very often by buying coins that have better potential. I also sell some of my coins and I trade with the top 10 coins because they are more developed.
That if you believe more dump will come, you can minimize the losses but you can buy at dip so you have a good chance to recover your loses when selling it when the price will increase again. That's how the market is moving, it's just so volatile so there's always an opportunity, a trader has to be consistent to be successful and get a decent profit.

In some circumstances, people are selling just to cash out, especially the bounty tokens.

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hellyah070
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April 26, 2019, 05:28:43 AM
 #740

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?


I hate the fact about the chain reaction that is happening on the bitcoin and the other altcoins in the market. Like, when bitcoin starts to show potential, altcoins do the opposite, means, people are selling their coins on their portfolio to have bitcoin. What if, we just stick on our altcoins and maybe buy bitcoin with fiats? That will going to help much better.
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