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Author Topic: Why are you selling your altcoins so soon?  (Read 70068 times)
lohladex
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June 02, 2019, 03:52:41 PM
 #921

Most people these days have been selling their altcoins and diverting on bitcoins. I nearly got tempted when a friend follow similar suit and convert to bitcoin. Anyway,  i believe everyone have right to manage their investment as they wish but in my own opinion i feel its not ideal  to be in rush of selling altcoins because the price has not appreciated yet. Obviously , bitcoin is taking  the lead now  and i believe soon altcoins will join the race . As for me am holding and will be holding all my alts not in hurry to sell.
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novy
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June 02, 2019, 04:03:03 PM
 #922

There are many reasons why people are selling altcoins. Some of the individuals are selling to pay some bills. Another category of people just found another good asset to get into, for instance, btc.

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June 02, 2019, 04:03:12 PM
 #923

Most people these days have been selling their altcoins and diverting on bitcoins. I nearly got tempted when a friend follow similar suit and convert to bitcoin. Anyway,  i believe everyone have right to manage their investment as they wish but in my own opinion i feel its not ideal  to be in rush of selling altcoins because the price has not appreciated yet. Obviously , bitcoin is taking  the lead now  and i believe soon altcoins will join the race . As for me am holding and will be holding all my alts not in hurry to sell.

We have different perception mate, and if you think by stay holding your alts asset are the good thing for you  then go, as long as you don't matter what the others opinion. As of now bitcoin still on lead even as before and these days I could bitcpin is still in low trend, so its better as well to get invest with it.

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June 02, 2019, 04:17:22 PM
 #924

I'm selling my altcoins to invest in Bitcoin FS which will be the next Bitcoin.
for better growth, I think buy bitcoin. because for the assets you buy, I think it will be a little slow to develop because the current market situation is also slow, and the biggest possibility of growth is the property of bitcoin.

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June 02, 2019, 04:21:47 PM
 #925

Each person has a different attitude to when they sell their coins.  And everyone focuses only on themselves and the market.  There are no specific features when to sell.

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June 02, 2019, 04:26:09 PM
 #926

I have some reasons why I sold my altcoin that I have is because I want to buy something that I want and owned as soon as possible. And also if I feel pressed for the needs in real life. I will help my parents for giving my money.

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June 02, 2019, 04:40:52 PM
 #927

Unsophistication i would add. A plenty of humans got into cryptocurrency this yr 2018 later the Bitcoin each age big of 20k usd that shook the media. Humans came to dig up the following golden without convoluted ability of the marketplace. This has caused a plenty of faint fists we get now in cryptocurrency
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June 02, 2019, 04:45:01 PM
 #928

I have some reasons why I sold my altcoin that I have is because I want to buy something that I want and owned as soon as possible. And also if I feel pressed for the needs in real life. I will help my parents for giving my money.


Most program participants sell tokens to live on this money. Of course, some are trying to make money on the run. But there are very few of them here. In general, everyone is here to earn money for their needs. Nothing to do. We do the work and we get money.
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June 02, 2019, 04:45:24 PM
 #929

Each person has a different attitude to when they sell their coins.  And everyone focuses only on themselves and the market.  There are no specific features when to sell.
actually we ourselves are making purchases in investment who know when the right time to sell our assets. because some investors also determine it based on profit. there are also those who are just waiting for the market moment to rise, and they will immediately sell without seeing what the profits are. most importantly there is an opportunity to sell and profit.









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bitcoinmar
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June 02, 2019, 04:47:00 PM
 #930

There are many reasons why people are selling altcoins. Some of the individuals are selling to pay some bills. Another category of people just found another good asset to get into, for instance, btc.

For me it's simple to sell altcoin just because you see one of two things
1. The investment reaches the level of profit I want
2. Feeling the development project is not as expected, I sell them to stop loss
Shova
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June 02, 2019, 04:50:27 PM
 #931

Selling and buying should be done with plans and strategy but not with emotion or based on others opinion.
If you planned where and when to enter, when to sell what amount and what to hold, you'll be sucessful but you should not panic on loss or get over excited on a price hike.
If you get stuck with your rule, you'll never regrate.
fonzie_vite
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June 02, 2019, 04:52:37 PM
 #932

I made the mistake of holding ALL my shitcoins during the last bull run and paid the price.

This time around, I have some set targets at which I'd sell. There are only 1-2 coins that I am planning to hold long term. One of them is Vite which is one of the most exciting projects in crypto right now.
bitc0000
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June 02, 2019, 05:13:17 PM
 #933

Well, just every other thing in the world today, people sell for different reasons, now in the crypto space some sell maybe because they are in huge profits and wish to go for other altcoins.
On my own end, I sell if am in profit or I don't trust the project again or if I see a promising coin which I can use to recover loss (but this is in rare cases).

bitcoindusts
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June 02, 2019, 05:21:22 PM
 #934

Some altcoins specially ICO coins have short life span. Some of the holders are grabbing the opportunity of selling it as early as possible or at least the moment it is listed in exchanges specially if it is pumped to catch with the current. Once the fever cool down it will be 50/50 chances whether the price will recover or not.
inanilujimi
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June 02, 2019, 05:32:58 PM
 #935

selling altcoins doesn't have to wait too long because most altcoins are now just dumping and pumping, so if it's feasible and appropriate I will replace altcoin with bitcoin.
sngwinner
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June 02, 2019, 05:34:21 PM
 #936

That is your investment strategy but others have a different strategy. You might be right but it all depends on the coins you are hodling. If you think they have the potential to make you enough profit, then hodl but some altcoins just keep on dwindling in value

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June 02, 2019, 06:34:06 PM
 #937

selling altcoins doesn't have to wait too long because most altcoins are now just dumping and pumping, so if it's feasible and appropriate I will replace altcoin with bitcoin.
let's see what you will say when the altcoins begin to give super-profits. when altcoins start to show growth of 400-500 percent per month you will think differently

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June 02, 2019, 07:05:40 PM
 #938

There are many reasons why people are selling altcoins. Some of the individuals are selling to pay some bills. Another category of people just found another good asset to get into, for instance, btc.
most often, people sell their altcoins because they simply have no patience. and when they sell - they start to regret after the price rises
MonaLeeTracy
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June 02, 2019, 07:20:06 PM
 #939

The fact that they sold it right away is because they actually spent no money. Because there is no cost, they count everything that comes. That's why they sell early and turn to another.
in general the exact reason that you convey investment to get profit and maybe in the conditions and situations that as now investors must be smart in utilizing every opportunity that we will get
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June 02, 2019, 07:33:00 PM
 #940

they have their own reasons for selling altcoins so fast they might need money or they don't see any progress on the project so their trust is lost

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