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Author Topic: I am just Dumping all my altcoins!  (Read 88936 times)
passeroutpass
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January 09, 2019, 06:32:23 AM
 #401

I don't know the type of altcoins that you are holding but if you have some potential altcoins within the first 100 on coinmarket cap list then i suggest you hold them a little longer because most of those coins would definitely climb up once the crypto market starts to rise.
it is important to know for sure that the market will not fall again. if it will fall again it is better to sell now.
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January 09, 2019, 06:32:34 AM
 #402

Damn! This was a bad idea. He dumped all his altcoins and days later most of the coins were flying high. Not the same situation as 2017 but some like Waves made it 400% up. He could've waited a little longer.
not a good thing if you just let go, because the market will soon be stable. in 2018 there may be a lot of bad things happening but now unlike 2018, there will be changes in 2019. the process takes a long time so it takes patience to wait for the value to improve. maybe those who throw away all their Altcoins don't believe there will be an increase or they can't wait for the process, it doesn't matter because it is their right.

While there is no guarantee that there will be a market stability this year. But looking what happened nearly that whole year of 2018 was just too bearish. That would mean that anytime, there will be a recovery that will be happening. This is just waiting for the breakouts.

 
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January 09, 2019, 07:55:31 AM
 #403

I think that your approach is not correct, and your judgment on the cryptocurrency market is too slow. The cryptocurrency has entered its lowest point in November, at least the lowest point in 2018, and selling coins at the lowest point is the wrong way.

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January 09, 2019, 07:58:39 AM
 #404

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.

You have capitulated.
I capitulated earlier, some Q2 of 2018 and very glad that I did it.
I moved to stable coins to protect the value. Now, I'm slowly buying again. This is a cautious move on my end to protect value in case the market dips further.
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January 09, 2019, 01:39:07 PM
 #405

Even if these coins never grow in value, I will not sell them, let them be die in my wallet, I spent too much time to earn them.
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January 09, 2019, 01:52:31 PM
 #406

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.
Each of everyone of us here have our own reasons and goals on why we deal in cryptocurrency. You have your own decisions to make on what will you do in your earnings. If you are already satisfied on it then probably that's a good idea to sell all your coins and have fun on this holiday seasons.
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January 09, 2019, 02:06:29 PM
 #407

selling all ur alt coin is a wrong decision bcoz altcoins are the cheaper and faster cryptocurency when compare to bitcoin and even the transaction fee also less(depends upon the coin)...but the only thing is that we have to choose a right coin ..
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January 09, 2019, 02:48:49 PM
 #408

Yes, that would be the best decision for you even though sales make you lose money. In conditions of falling market prices, certainly not much can be done. Maybe just be patient by holding a coin and wait until the market soars again.

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January 09, 2019, 02:51:11 PM
 #409

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.

You have capitulated.
I capitulated earlier, some Q2 of 2018 and very glad that I did it.
I moved to stable coins to protect the value. Now, I'm slowly buying again. This is a cautious move on my end to protect value in case the market dips further.

If you sold them all in the second quarter of 2018, that's the right choice. In the third and fourth quarters, prices are much lower and you can reinvest with them. Like I sold all ETH when it fell to $300 and I bought it at $145

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January 09, 2019, 02:53:47 PM
 #410

Now it's too late to sell your coins, it remains only to fix a loss, but it can be very large or just wait and hope that the prices will return and you will return your money and make a profit.
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January 09, 2019, 03:03:35 PM
 #411

Now it's too late to sell your coins, it remains only to fix a loss, but it can be very large or just wait and hope that the prices will return and you will return your money and make a profit.
no need to advise people to try to decrease their losses. very often people panic when they try to recover their losses and lose even more

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January 09, 2019, 03:05:50 PM
 #412

Too bad if you sell all altcoins when the market is at a low price. maybe if you can be more patient again you will be able to sell it at a stable price. but that is all your rights
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January 09, 2019, 03:59:48 PM
 #413

I would never sell my altcoins at this time. The price is too much down and not worth cashing out. Many investors has lost their faith in crypto and have no patience anymore. There will be surely better times again in this year with news like launch of Bakkt and Nasdaq Bitcoins Futures etc.

Yes, man, it looks very strange. The market is going to rise, and the fellow wants to dump his altcoins. Suppose, the guy has changed his mind and decided to hold the cryptocurrencies a bit longer.
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January 09, 2019, 04:20:23 PM
 #414

Noone can be sure about future of cryptomarket so we cant say if its right decision or not maybe afther you do it bull run would start and maybe bear market continue and we see more drop.

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January 09, 2019, 04:26:05 PM
 #415

Now it's too late to sell your coins, it remains only to fix a loss, but it can be very large or just wait and hope that the prices will return and you will return your money and make a profit.
If sold right now, it means we have to accept with losses. And if the price starts to rise after we sell it, then we will regret it a lot. Agree with you that we are too late to sell, now just hold and wait for the market

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January 09, 2019, 04:28:18 PM
 #416

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.
I also sold all my Altcoins last December. Because I heard my friend said it might be down to Bitcoin. But when looking at the coinmarketcap Bitcoin, it is at $ 4,000 I am a bit disappointed when I sell Bitcoin at the time of $ 3,700 and my Altcoins were lost. I think safety is first, so I don't dare to risk it.
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January 09, 2019, 05:15:51 PM
 #417

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's all up to you, it's your money. No one can tell whether your action is a good decision or not. However, take note that the crypto billionaires today didn't earn a lot of money in crypto over night. They bought cheap and waited patiently for crypto to grow and gave them a lot of income. If you can't be patient, you will be missing a good opportunity.

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January 09, 2019, 05:24:24 PM
 #418

Noone can be sure about future of cryptomarket so we cant say if its right decision or not maybe afther you do it bull run would start and maybe bear market continue and we see more drop.
Well, I think the fall will still be but if the person so long held, I do not think the best solution is to rent and sell all coins and stay in a big minus , I would wait all the same

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January 09, 2019, 05:26:47 PM
 #419

good luck to you brother i hope the day will never come that you will be in depression because of what you did.
In cryptocurrency patience and knowledge is the best weapon to earn. if you dont have those then better think of other way not here.
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January 09, 2019, 05:27:40 PM
 #420

I wouldn't generally say that was a shrewd move. Okey in the event that you required cash, be that as it may, again there's one brilliant guideline: Invest what you can stand to lose. Also, there's other guideline that on the off chance that you need to make some benefit from the majority of this, and you don't generally know and don't have fortunes with exchanging: Just be understanding.
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