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Author Topic: I am just Dumping all my altcoins!  (Read 88936 times)
starplaks
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December 12, 2018, 10:23:57 AM
 #61

I think now, on the contrary, you need to collect as many coins as possible before the next market growth!
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December 12, 2018, 10:26:00 AM
 #62

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.

Judging from your post you seem to be comfortable with your losses, which is the right attitude for investors, investing in cryptocurrency with high volatility is just like that you win some you lose some but you always get back to where you left it the market will surely recover next year.


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Imoote
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December 12, 2018, 10:27:01 AM
 #63

many people choose to sell all the coins they hold for certain reasons,
but that is also a very appropriate choice because of the many needs that we need every day.
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December 12, 2018, 10:29:12 AM
 #64

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.

sory to heard about that,,
this mean you are ready with the risk of investing in cryptocurrencies buddy,,,
if you hold a good altcoins, i think its better if you sell only a half from your portofolio buddy,,
but, the choice is in your hands  Wink
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December 12, 2018, 10:36:46 AM
 #65

Everything is your own decision. and now there is nothing wrong when you want to sell or not because now the price is very drop and maybe our savings have started to run out

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December 12, 2018, 10:53:22 AM
 #66

In my opinion. You have thrown away the chance to be a successful person by throwing altcoins at low prices. because you belong to the panic selling category. actually the rise and fall of altcoin prices is common. My advice is that you first upload the price chart before taking action to sell the altcoin you have.
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December 12, 2018, 11:02:12 AM
 #67

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 is really not the best time to sell all of your altcoins now because of the current market situation but if you really needed the money for the upcoming holidays, then I think it is not a bad idea for you. But if I were you, I'll find some another ways to get money rather than selling my altcoins with such low prices.
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December 12, 2018, 11:04:47 AM
 #68

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.

Perhaps you did the right thing. And the price will never go up, and continue to fall. I still decided to take a chance and wait ...

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December 12, 2018, 11:07:33 AM
 #69

I think that is a safe option, the market does not know can recover in the short term, I do not know what should sell the number of altcoin you are or not.

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December 12, 2018, 11:08:01 AM
 #70

More cheap coins for me I guess.
I mean sure, 95% of coins are absolute trash and it's never too late to dump them as long as there's a willing buyer.
But selling stuff with solid active development, great token economics and huge potential for growth at 95% discount is pretty silly.
I saw some complete crap mentioned in the thread though, so it really depends on the coin itself.

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December 12, 2018, 11:09:52 AM
 #71

But make sure that you are ready of what happen in the market next year ago when the value of the bitcoin or most of the coins recover. But better to have only still have few coins that better to hold. I hope everyone have long patient to wait.
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December 12, 2018, 11:11:07 AM
 #72

Man there is absolutely no reason to sell during deep. Since the market is totally red it's an option to join some airdrops let it me Stellar or MGO or any other coin you like. This might bring you more value in the future. Also, you won't be risking investing more of your savings, and save all your other holdings avoiding panic selling.
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December 12, 2018, 11:11:13 AM
 #73

If you already lost your patience better leave crpyto market now because you already accepted your loses and it's a bad culture to develop as an investor. But if you want to return in the market better make decisions that wont make you regret.
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December 12, 2018, 11:14:01 AM
 #74

Now I look at the price of BTC and also want to sell everything. Tired. I am tired. Who still believe in the growth of BTC ?

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December 12, 2018, 11:17:50 AM
 #75

Now is a very bad time to sell altcoins. They are already very cheap. It is better to continue to wait for their growth. We must remember to diversify funds.

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December 12, 2018, 11:18:10 AM
 #76

Well every dumpers will always regret in the end and thanks to them we are able to get ourselves better bag folio of coins and tokens at cheaper rates ,I'm not that stupid to dump all my altcoins unless ive waited for like 4years and to changes
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December 12, 2018, 11:35:01 AM
 #77

lol it's a mistake why you just sold it now, and if you need money for your vacation why don't you put aside the money from your other work.
I hope you hurry back and buy back the assets you sold.

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December 12, 2018, 11:43:26 AM
 #78

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 think, you made everything right, weak hands must leave this market, I hope other dumpers will sell their crypto as soon as possible, therefore only strong holders will stay and bullrun will begin.

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December 12, 2018, 11:46:34 AM
 #79

The decision to get dump of all altcoins is a bad thing, when the market is not stable.
What can be done, other speaking needs, likes or dislikes, is heavy or not heavy, but such decisions need to be made. The same thing happened to me. Because altcoin for this year really panicked.
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December 12, 2018, 11:48:38 AM
 #80

Instead of cryptocurrency, you can buy yourself a gift for the new year. This is positive news, the negative is that many do so and this leads to a further decline in the market.

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