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Author Topic: I am just Dumping all my altcoins!  (Read 88936 times)
Zero1One0
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December 12, 2018, 04:57:26 AM
 #41

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.

Don't forget the learnings you got from this bear market. That will surely help you once the bull market comes and the bear market will surely again follow.

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Dacosta Osei-Tutu
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December 12, 2018, 04:59:51 AM
 #42

You have the choice to dump all your altcoins at any price you want but I would advise you still keep some because you will come back later and see the potentials ones flourishing and would regret selling them cheap
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December 12, 2018, 05:47:57 AM
 #43

Later you'll realize you made a mistake. In any case, you have already lost a lot of profits in your Altcoins. I wouldn't do that if I were you, I'd just forget about them. I think that after 2 -3 months the whole of the cryptocurrency will rise.
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December 12, 2018, 05:52:30 AM
 #44

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.
Selling all the cryptocurrencies, I think it is an unwise decision, because the current price is very low, which means the loss is very serious.
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December 12, 2018, 06:05:52 AM
 #45

We have got too many scam coin coming up as a project,the dev have successfully deceived the investors by coming up with whitepaper that looks so genuine but is just to scam people of their hard earn money.We need to becareful when investing,though the bear market has not help either.
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December 12, 2018, 06:11:36 AM
 #46

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.
In my opinion, selling their own Altcoins now, when they have lost up to 90 percent of their value, is not a smart decision. Even if partially some coins and tokens die, others after a while should give a good profit. If you urgently need funds, then you can sell only those coins and tokens in respect of which there are doubts about their growth.

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December 12, 2018, 06:33:15 AM
 #47

I guess it was a tough decision to make, but as long as you don't look back and agonise over what if you had held then it is a good choice. I prefer to sit on what I have and wait for more favourable conditions to reduce the level of losses, patience is key.

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December 12, 2018, 06:34:01 AM
 #48

Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good.
Something to think about though, cos if we believe that this time of the year is usually the top of the market and we are witnessing this Bear in the market what happens in first and second quarter 2019 when the market are usually down too 🤔 Though I believe I am still HODLing some of my alts that I strongly believe in and will sell off the rest.
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December 12, 2018, 06:39:00 AM
 #49

Well I have no more patience in holding it so I decided to dump all the altcoins listed in an exchange in a low price. I have been accepting already that I loss already in investing those altcoins. Because we are now in the peak season of the year 2018 and cryptocurrency market seem nothing to have gone good and I have also some needs to meet for the holidays so I sold all the altcoins. I will just check later on if cryptocurrency will going to be back at its normal market.

It depends on the holder if he/she hodl or dump it emmedaitely. Even me, Im doing coin to dump as this year the most worst price value of all coins in the market of crypto. I understand of being impatience sometimes we can feel that but still even I do dump my believe in crypto never fade and will continue here.
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December 12, 2018, 06:47:00 AM
 #50

I think you need some rest for awhile to think much better than today. Taking some rest will help you to reflect your present condition and correct whatever's necessary to do. Maybe you are burned out now due to long market drought that supposedly not like this bearish condition. Besides, all depends on your strategy whether you choose to sell your tokens all out to stop more loses that you think the market will not recover again. If you choose to hold it only means you believed that in due time the market can be able to survive and will recover again from this dramatic decline.

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kikoy999
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December 12, 2018, 07:01:03 AM
 #51

it is not the right time to buy because the price of altcoin and bitcoin prices today and probably investing in you is even lower in price and you have no money.

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December 12, 2018, 07:31:18 AM
 #52

The market is full of so many shitcoin which will fade away in a short time,so if you decide to dump then maybe you are justified.If i need to dump i will not hesitate to do that.
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December 12, 2018, 07:35:39 AM
 #53

Maybe your strategy is correct, I am thinking about whether I should make the same choice as you, because when I hesitate, my loss is increasing every day!

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December 12, 2018, 07:47:46 AM
 #54

Well, if you have to sell, there is nothing else that can be done than for you to sell, that is just the way it is. Your loss is somebody's gain. I hope you will be able to get back in at this low price before cryptocurrency market will take off!

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December 12, 2018, 08:02:31 AM
 #55

Nothing is ideal. Everything comes from mistakes and that we can realize answers to the failures that we've. shopping for new coins while not doing analysis may be a natural issue. i've got bought new coins and took part in Ico however the coins i've got are no-count as a result of too long to carry on to that. the chance doesn't come back double. however we tend to should still learn from failure
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December 12, 2018, 08:11:53 AM
 #56

Holding from January and losing up to 90% till now and think now is the best time to sell , I don't think you have made a good decision in that regard , I used to say one thing and that is don't invest what you can not loss in crypto or any market and investment so I think loosing that much should have lead to you forgetting the coin and hold till when the bull return and use any other money wisely in any other investment cis I think is too late to take such decision.

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December 12, 2018, 10:00:46 AM
 #57

i hope you have some left still.  too soon to quit.  but i can't blame you since the trend is downhill.  just hoping that your decision was right.
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December 12, 2018, 10:14:53 AM
 #58

I am very pity that you had to sell all your Altcoins, I hope you didn’t lose a lot of money.
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December 12, 2018, 10:15:50 AM
 #59

i hope you have some left still.  too soon to quit.  but i can't blame you since the trend is downhill.  just hoping that your decision was right.
OP has been dumping all of his alts at the bottom price which mean if crypto gets a big rebound and he can recover his lost. But that's his decision to sold all of his altcoins. But im not sure if will be so easy for OP to enter the market again in the future.
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December 12, 2018, 10:22:34 AM
 #60

too much depreciation of the cryptocurrency has affected  altcoins. I have no choice but to wait in poor condition. a new uptrend hopes everything will be okay
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