Why are you selling your altcoins so soon?

[GamblingIsWrongWay]

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?

Is it true that you still hold all the altcoins that you have up to now?
I'm just trying to be more realistic here, I only sell the altcoin assets that won't develop and generate good profits in the future.
And until now I still hold altcoins that have good development, many enthusiasts and will be able to generate good profits at the right time for me to sell them.

[Ngemmeng]

the reason why selling altcoins is so fast is that after ico ends most developers no longer think of the fate of investors and bounty hunters. you can see for yourself now that there are many new coins that have no exchange.

[BUK2016]

Selling altcoins at this time to me is not a good though with the exception to altcoins that cannot move positively as Bitcoin in an upward direction. But to some other altcoins like ethereum and Bitcoin Cash, I don't think there any need for me to convert it to Bitcoin.

[Denongels]

The reason for selling my version is altcoin is very vulnerable indeed if a coin like btc experiences a crazy price increase, it will affect some altcoins some go up and some go down, only if the btc drop altcoin fate will become unclear, for example, in 2017 I have participated and bought altcoins (crypto.com) and at that time the price was very bad even it could be said to be sad, but at the time the btc was up the coin had a very crazy price increase, and after the btc hype ended altcoin it had a very severe decline as well and many people regretted buying when the altcoin reaches ATH

[CoinsOrDie]

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?

The answer is simple, market sentiment has changed towards crypto assets. From 2016 to 2019, over New cryptocurrencies has launched which has upset the order of things. Now all investors do is trade for a quick return.

[youdacapt]

It all depends on the trend at that time whether the altcoin I hold does have a good price or indeed wants to move assets to Bitcoin because at that time the price of Bitcoin is down so that it can provide a big advantage if we can find something like that when trading on the market problem if you want to sell quickly, the most important thing is that you don't lose a bigger asset in holding an altcoin.

[Tyoks]

the reason why selling altcoins is so fast is that after ico ends most developers no longer think of the fate of investors and bounty hunters. you can see for yourself now that there are many new coins that have no exchange.

I think not all project developers apply this way, it is only part of irresponsible people who just want to take advantage of the crypto token project because there are still many projects that continue to think about future developments for the token that has been created. I am personally a bounty hunter who does not like to sell tokens so fast and I like to hold until the price can be higher than the ICO price, but with a note, the project has the potential for development and I certainly analyze it from the beginning before following the project bounty.

[radjie]

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?

everyone who takes action to sell their altcoins certainly has their own reasons and goals, maybe one of the reasons they want to do an altcoin sale they have because they are worried that in the future it will become worthless so that it can be converted into bitcoin which clearly has good potential for in the future. completely because they don't have strong trust in the altcoins they have so they decide to sell when prices rise slightly

[BitUsher]

Here is one reason people are selling their altcoins for Bitcoin

Fidelity announced institutional support for BTC buyers in a few weeks and the market is selling their alts to ride that bull market .

Past bull markets were spurred by retail investors using exchanges that supported many altcoins as well, and Fidelity will only support BTC

Institutional investors will only be buying Bitcoin. This bull market will be different than past bull markets

[anggle]

Maybe because they panic with the price condition that is decreasing. So they sell coins at very low prices. But I think this is a very reasonable condition and when the price of a coin has gone up they will immediately buy more coins. As now the market price is declining and this is the time to reinvest. I see that the price of Bitcoin is increasing every day. So I hope you don't rush to sell coins.

[Ojengonggu]

Maybe because they panic with the price condition that is decreasing. So they sell coins at very low prices. But I think this is a very reasonable condition and when the price of a coin has gone up they will immediately buy more coins. As now the market price is declining and this is the time to reinvest. I see that the price of Bitcoin is increasing every day. So I hope you don't rush to sell coins.

I agree with you they sell it because they see the altcoin market conditions that they hold the lower the price and even most altcoins don't follow the percentage increase in the price of bitcoin and maybe sell it and replace it with bitcoin it is wiser and offers more benefits to get profits

[mirakal]

Maybe because they panic with the price condition that is decreasing. So they sell coins at very low prices. But I think this is a very reasonable condition and when the price of a coin has gone up they will immediately buy more coins. As now the market price is declining and this is the time to reinvest. I see that the price of Bitcoin is increasing every day. So I hope you don't rush to sell coins.

I agree with you they sell it because they see the altcoin market conditions that they hold the lower the price and even most altcoins don't follow the percentage increase in the price of bitcoin and maybe sell it and replace it with bitcoin it is wiser and offers more benefits to get profits

It's too early for altcoins to follow but I am sure it will follow.
Bitcoin has now increased its dominance, probably we will see it at 60% soon, and that makes altcoins fall or still steady at the same price.
Anyway I still find it good because we all know that when bitcoin moon hard, sooner or later, altcoins will follow.

[50 Cent]

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.

don't buy altcoin when you isn't believed. first, you have to research what you want to investing before messed up later.

[FlamingFingers]

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.

not in all cases,  I could remember vividly selling my $FET that I bought around 12k Satoshi and I do sold around 8k Satoshi,  now it's trading around 1400+ Satoshi,  if I didn't take action to cut loss then it would have been a great disaster

[otong]

The problem is that all people care about personal gain. That's normal. No one wants to incur losses, so close the "short positions".

the main purpose of investing in crypto currencies or any investment I think is to get a profit and of course investors don't want to invest by getting a loss and in my opinion investors sell quickly because maybe they already got what they invested

[jazmuzika217]

If youre into day trading which relies on daily changes of price, you will immediately sell youre altcoins depending on your desired price. That maybe the biggest reason why people sell their coins oftentimes but if you think of it deeply. They also need to buy. And thats how the supply and demand works. If youre a veteran youre hunting young coins hoping that it will rise soon. These past few days king has showing signs of progress in the market. Maybe that'll be their reason also to sell their coins.

[Kpelumo]

Many people won't agree with you on this. A lot are of the opinion that no altcoin is worth holding. You don't expect one to see a little profit an altcoin struggling to survive in the market and leave it waiting for gold.. Nah

[Burogh]

Maybe because they panic with the price condition that is decreasing. So they sell coins at very low prices. But I think this is a very reasonable condition and when the price of a coin has gone up they will immediately buy more coins. As now the market price is declining and this is the time to reinvest. I see that the price of Bitcoin is increasing every day. So I hope you don't rush to sell coins.

Indeed, many reason why investor selling their altcoin. But mostly, they selling their altcoin because the project looks dead and the developers team not active anymore. Beside that, investor prefer holding bitcoin rather than altcoin because bitcoin is much safer investment

[Leo]

I'm selling my altcoins because bitcoin is forming a based god on altcoins making them to bleed so hard that most of them are far way below previous all time high,  I'm selling to hold bitcoin at the moment

[Mr.ZODIAC]

I'm selling my altcoins because bitcoin is forming a based god on altcoins making them to bleed so hard that most of them are far way below previous all time high,  I'm selling to hold bitcoin at the moment

it is very difficult to predict and predict something for the future.  Even if we look at the cryptocurrency market today, we will see a noticeable improvement in the positions of the top-rated cryptocurrencies, which are rising by an average of 10%.  But with most tokens you can’t say it.  What is the problem?  Why don't tokens improve their positions when a certain growth is seen on the cryptocurrency market?