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Author Topic: Why are you selling your altcoins so soon?  (Read 69879 times)
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April 29, 2019, 06:32:30 AM
Merited by mirakal (1)
 #781

there are many reasons for those who sell altcoins so fast or take losses, but if I personally will not sell losses unless I am pressed for economic needs. I believe that the altcoin that I have has great potential so I will hold this for the long term.

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April 29, 2019, 07:36:06 AM
 #782

there are many reasons for those who sell altcoins so fast or take losses, but if I personally will not sell losses unless I am pressed for economic needs. I believe that the altcoin that I have has great potential so I will hold this for the long term.
Well said, we only sell if we have no option but to sell, there are times that life is tough and that's really happening.
The reason why we hold is to see a good profit, when I say good it should be something that satisfy us as an investor, and therefore we have to be strong enough in holding it since any time the market could dump, but it will always pump afterward, we should think that way so we will not loss hope.
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April 29, 2019, 03:39:34 PM
 #783

there are many reasons for those who sell altcoins so fast or take losses, but if I personally will not sell losses unless I am pressed for economic needs. I believe that the altcoin that I have has great potential so I will hold this for the long term.
Today, many users of cryptocurrency sell their assets at low prices due to the fact that cryptocurrency for them is practically the only way to generate income.  One way or another we are forced to sell, but this does not apply to everyone.
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April 29, 2019, 04:38:49 PM
 #784

I think that people are doing this because they are counting on a quick profit.
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April 29, 2019, 04:58:40 PM
 #785

 Most of the people where buying altcoins for making short and profits so they are selling when they have reached their target profit if you are going to hold and altcoin then it should be highly potential and practical usage in the future.

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April 29, 2019, 05:53:33 PM
 #786

This is called fear and nothing more than that, it is fear and greed that compels many people today, including early investors who get good bonuses to sell all their investments in a project.
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April 30, 2019, 03:10:24 AM
 #787

Not everybody can have the patience to wait until the market recovers. There are some altcoins that not needed to hold because their project is not that strong they are more likely to abandon and  so I think this alts should be selling even it has a low price.
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April 30, 2019, 03:35:11 AM
 #788

Not everybody can have the patience to wait until the market recovers. There are some altcoins that not needed to hold because their project is not that strong they are more likely to abandon and  so I think this alts should be selling even it has a low price.

The very reason why we shouldn't hold types of coins which don't have any good support from the community, as it will disappear and die naturally in the process where progress is not present  and the team behind will simply abandoned and create a new one or take every investment that was been provided and runaway and forget about the projects that they created.

Selling shitcoin while you still have the chance to quit and still have some value.
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April 30, 2019, 05:08:22 AM
 #789

Well i think selling altcoin verry soon is not really a good idea because there would be a great posibility that we can earn a huge ampunt of profit on it if we are going to hold, but i think it is also depend on our strategy and experience  because every altcoin has also a unstable price same with bitcoin. I believe that the number of investors will always affect the price of every coin the worst thing here is we dont know when the big investors invest on the market place.

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April 30, 2019, 05:58:18 AM
 #790

Everyone sells for a reason, most people sell and re-enter at a lower price. While most sell for personal reasons. So selling or holding is a personal thing. But in my own opinion, potential projects are worth holding.
That is the most reasonable reason, someone sells because they have found the price target they planned beforehand and of course they will buy again when the price has fallen. we as traders will certainly compete to sell it faster because we don't want to waste the opportunity
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April 30, 2019, 06:05:17 AM
 #791

Most altcoins will be dead in the near future so it is best to hold the potential ones than be holding all the altcoins. Selling altcoins to hold bitcoin is not a bad idea at all because bitcoin will always rise but i doubt some altcoins will rise again after this massive decline.

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April 30, 2019, 06:49:05 AM
 #792

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?


For me, it's a strategy. I actually do it, especially for coins that I get from campaigns or airdrops. I say that because it's, I think, it's a little more difficult rely on the new breed of coins that are just entering the market, because most of the time, those coins can't follow the strong current of the cryptocurrency market these days, and thus, have a higher chance of dying out. It's more comforting to exchange it early on for coins that have been more trusted and seasoned in the market that would, in turn, give you a higher chance of converting them into usable assets or, preferably, into cash in the future.
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April 30, 2019, 09:14:58 AM
 #793

even though there are many things that cause you to sell your Altcoin, of course you still see how many Altcoin you hold today, if you already have the price and you are suitable so you sell it but vice versa if the price is not suitable because it's too low maybe you don't sell it.
if you want good results then you have to be patient and wait for your Altcoin to grow so you can make a profit.

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April 30, 2019, 09:31:49 AM
 #794

Here you need to understand what kind of alcoin you are dealing with. For this, you need to analyze this coin before you buy. For this you need to learn. There are such coins that are worth selling - they can grow very well in price because there are reputable people behind them, companies are excellent business idea.My opinion is that there will be a big increase in the whole cryptocurrency and your coins can make you happy.

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May 01, 2019, 01:38:16 PM
 #795

Actually I can understand one thing about investing, You have invested the money then if your profits crosses the amount of your investment. So now you have to consider When did you buy altcoin and then how was the price of altcoin.
If the value of altcoin is more than the price you bought, then you can sell it.

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May 01, 2019, 01:52:38 PM
 #796

People are always in a hurry and always do it very quickly, but then very often it happens that people regret that they did wrong and made conclusions very quickly. Perhaps this can be called a panic. Therefore, I think that it is not profitable.
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May 01, 2019, 02:12:48 PM
 #797

People are always in a hurry and always do it very quickly, but then very often it happens that people regret that they did wrong and made conclusions very quickly. Perhaps this can be called a panic. Therefore, I think that it is not profitable.
Some sell quickly to avoid big loses so in this case it is depends on the altcoin you are investing. Yes panic selling happen for those who did not know the altcoin they have. Only hold altcoins that is worth and profitable and sell altcoins early if their is no future on the project.

 
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May 01, 2019, 02:20:21 PM
 #798

There may be various reasons for which the people around here selling their altcoins. First of all their mentality and way of thinking forces them to do so.
If they also found that their is no scope in investing in the altcoins, then they immediately sell it.
 But from my own experiences from the past i can conclude that that main reason for which people does so are money. They were always in need of money,  or during emergency they do so.

 
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May 01, 2019, 02:46:02 PM
 #799

People are always in a hurry and always do it very quickly, but then very often it happens that people regret that they did wrong and made conclusions very quickly. Perhaps this can be called a panic. Therefore, I think that it is not profitable.
Some sell quickly to avoid big loses so in this case it is depends on the altcoin you are investing. Yes panic selling happen for those who did not know the altcoin they have. Only hold altcoins that is worth and profitable and sell altcoins early if their is no future on the project.
The current world, money is the only thing for future happiness so peoples are buy at starting time and selling at future days because they fix the low budget at starting and continuous investment is increase the altcoin value but most of the peoples are concentrate the Binance exchange because number of investors are available, so once it is launched in this exchange surely it will make big profit. I think profitable altcoins only selling in this year and last year because market will move to forward soon so long term holders also sell on next year.

 
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May 01, 2019, 03:01:18 PM
 #800

Altcoins sell because of too much instability. They very quickly lose in their value, and for this reason it is terrible to keep large sums in them.

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