Farma
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Merit: 1002
Leading Crypto Sports Betting & Casino Platform
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April 26, 2019, 05:35:07 AM |
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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. in this case you might be right. most people sell assets that they have earlier to avoid dumping, or want to reduce risk. but some people also use this to buy when prices go down, and sell when prices rise. it is an advantage that they can get from the instability that occurs.
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beckspace
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April 26, 2019, 07:37:36 AM |
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Of course, usually I don't want to sell altcoin cheaply but if the current crypto market conditions require it, I can choose to sell it with loss, after that I wait new lower price. Hodl cannot be the only option, it requires new trade tactics every period.
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Tsubachuchu
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Activity: 316
Merit: 10
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April 26, 2019, 07:44:38 AM |
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Selling of what altcoins you are holding so soon is not that bad idea and this decision you may look beneficial to you and for your profit of the future. But if altcoin and bitcoin will rise simultaneously then you can have a good profit. And so,don't sell you alts so soon.
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TheClownSong
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April 26, 2019, 08:08:18 AM |
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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.
Its true, there is more than 2000 altcoin in market and many of that are death or the project not active again. I am believe people who sell their altcoin have their own reason like dont trust anymore to developers team or they just want to trade to double their altcoin.
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PlusOne88
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“Tackling Climate Change Using Blockchain”
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April 26, 2019, 08:20:02 AM |
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It is good to hold coins but its better to create movements with it. The simplest method of making you earn more money in the end is the utility of the coin. Imagine if all people will be holding like you do, do you think you can gain? The answer would certainly be maybe or maybe not. It would be a race to do so. Why because all of you are holding the moment those who have invested earlier sees the opportunity for gaining, the investor might just sell or trade his coins and the person who comes late into investments will have to worry much about when will the coins go to the moon. But given the utility of the coin, the demands will go up naturally and even if you do sell your coin somebody replaces it for you because their are lots of movements and it is as if nothing was changing in its volume and demands. So don't ever worry about that, instead tell others to utilize the coin properly.
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Smitty Werben Man Jensen
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Activity: 1568
Merit: 100
COMBONetwork
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April 26, 2019, 08:43:54 AM |
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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.
Its true, there is more than 2000 altcoin in market and many of that are death or the project not active again. I am believe people who sell their altcoin have their own reason like dont trust anymore to developers team or they just want to trade to double their altcoin. Right now there are very many projects that are no longer active and that's what I think is what triggers people to sell their altcoins, but certainly not only that makes people sell their altcoins.
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shaheer001
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April 26, 2019, 09:17:32 AM |
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In my opinion if you are in even is small profit you shall start trading and sell the coins but your one planing must be for long term too as if you have 02 BTC must hodl 01 BTC for long term and trade with one BTC.
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Andrey13101991
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April 26, 2019, 09:25:41 AM |
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In my opinion if you are in even is small profit you shall start trading and sell the coins but your one planing must be for long term too as if you have 02 BTC must hodl 01 BTC for long term and trade with one BTC.
I think that 0.2 bitcoin is a very small amount and you just have to choose a low-risk trading strategy and trade all the bitcoins which you have. only like this people get rich
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isen
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April 26, 2019, 09:17:01 PM |
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Those who sell may be pursued because of financial needs or can also be afraid of greater losses. Actually if we want to be patient to wait and not get carried away by emotion or panic, I'm sure someday prices will rise again and crypto will be able to give us profits. My advice should never be that we sell coins that we have if we have not made a profit, because the price will always be moving and in time there will also be a price increase that will ultimately benefit us.
Many also sell because they fear, fear that the bearish trend will completely consume the value of their assets, many have already lost more than 90% of their investments, some people are trying to save at least something.
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Jocuserious
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April 27, 2019, 03:54:43 AM |
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Actually the answers from my opinion are very small and straight forward. If you are investing in Altcoin for less time price and when Altcoin price increases then you sell it. That will be right for you to decide and you will know at what time best your sell options.
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angrybird3591
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April 27, 2019, 04:16:43 AM |
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Everyone involved in ico is to make a profit. when they see the profit they will sell. I see hold alt now, the price drops.
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charlop24
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April 27, 2019, 04:22:23 AM |
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I think it's imperative for people to understand that, what makes one profit out of cryptocurrency is selling of digital assets. Its laughable to think that your assets are growing in value when they are unsold and in your wallet. The market is highly volatile and the only way to profit out of the volatility is through buying and selling. You sell at a high value and buy back at a lower value or vice versa. Keeping your altcoin for futuristic higher returns is only logical, when the high return is sure. And in this industry, nothing is sure.
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BeGoods
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Activity: 1372
Merit: 1008
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April 27, 2019, 04:50:35 AM |
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In my opinion if you are in even is small profit you shall start trading and sell the coins but your one planing must be for long term too as if you have 02 BTC must hodl 01 BTC for long term and trade with one BTC.
I think that 0.2 bitcoin is a very small amount and you just have to choose a low-risk trading strategy and trade all the bitcoins which you have. only like this people get rich backup plan is important for trading, if at a time the price changes doesn't match your plan, for example you sell faster but then the price goes up and the backup plan like saving a few percent to be held will benefit you again dude.
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sh4dtechnr
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Activity: 434
Merit: 4
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April 27, 2019, 04:59:56 AM |
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The truth is that there are too many coins and projects here, and it is not so easy to guess which of them is good and in the future will reward its investors. In addition, the market is young and therefore very changeable: today one project may seem very promising, and tomorrow there will be a solution that makes this project a nonsence. Unfortunately, most tokens should not be kept for a long time, and at the right time you need to sell it in order not to cry later.
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tunapa
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April 27, 2019, 05:04:48 AM |
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It is not a easy thing to hold your asset and see it drop in value without doing anything , that’s why people sell in order to avoid too much loses which is understandable. Some people sell because they are in profit already so they don’t need to wait for any price increment. In short , there are many different reasons why people sell which we must respect their opinion because they are responsible for their decisions. Hodl is not for everyone.
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TheClownSong
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April 27, 2019, 06:41:50 AM |
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Those who sell may be pursued because of financial needs or can also be afraid of greater losses. Actually if we want to be patient to wait and not get carried away by emotion or panic, I'm sure someday prices will rise again and crypto will be able to give us profits. My advice should never be that we sell coins that we have if we have not made a profit, because the price will always be moving and in time there will also be a price increase that will ultimately benefit us.
Many also sell because they fear, fear that the bearish trend will completely consume the value of their assets, many have already lost more than 90% of their investments, some people are trying to save at least something. Every people have their own reason when selling their altcoin. Perhaps they just want convert to others altcoin or bitcoin, perhaps its because they predicting market still bearish and want to buy back at lower price. Mostly, i am selling my altcoin because want convert to bitcoin because bitcoin is safest investment for long term
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PROdotBITCOIN
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April 27, 2019, 08:24:20 AM |
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The cryptocurrency market is very unstable. I prefer to make a small profit in a short time than to keep the coin for several months. It seems to me that such a strategy is now the least risky.
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toast
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April 27, 2019, 09:10:33 AM |
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I will selling my asset after raised higher price and below of ICO price is not worry but have price, too risk if keep holding our coin because price is not good for the future with always in lower price.
Concerns about a deeper decline in the future indeed become a fear of many people and they are better off selling faster even though it is actually very detrimental to him because of course they have decreased estimates
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spydee1522
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April 27, 2019, 10:44:22 AM |
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Everyone in crypto has their own strategy. Some people prefer to hodl a large percentage of their portfolio in BTC which is like the base currency. Some people prefer to hodl more alts. It's simply a case of what works for you.
For me, I only hodl alts that have huge prospect and not some shitcoins without value. A large fraction of my portfolio is in Bitcoin and this is for me is how I preserve my funds. Again, I sell the tokens with low prospects and hodl the good ones
holding the good altcoins with huge prospects is key. why sell them cheap whiles you know the coin has it all to moon. who knew BNB will moon like it is now when the project started. But as said already, we all got our own strategy.
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laskybok
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April 27, 2019, 11:01:11 AM |
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<...>
Not everyone is selling now. The only reason you might need to sell low is if you have a serious need to cater for, else I see no reason why any pone should bother selling so soon. On the other hand, some newly listed coins are presently trading a good prices, despite being listed newly, if you like you might sell and you possible might not be making any mistake for doing that.
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