I am just Dumping all my altcoins!

[sangalangdavid]

Almost all of the altcoins are going dump but we do not really have to worry. Worrying may cause us to panic and sell our alts immediatly. We just have to be patient amd remain calm because it will regain its value once again.

[smoolae]

The question always with an action like this is the "how much did you buy them for?" part. If you bought some coin for 0.2USD and now it's priced 0.01USD, there really is no point in selling. At least in my eyes.

You are probably better off when just keeping your bags and waiting for the next bull run. But when you made your purchase within the last 2-3months, I can see why you would be dumping your alts. I would possibly do the same.

[Iykecollinz]

If you have been looking at your portfolio daily and seeing the drain in the market and fund drop quickly, the best way to get peace of mind is to dump and exit while counting your losses for the mean time. Personally I took the exit very late though but it was better as it happened before market dropped to the current level

[Suleiman the Magnificent]

You made right decision. Because many of the altcoins are literally created for scam. In addition, when the market falling, they are falling too fast. So it is not very logical to keep the altcoins in such periods.

[Naughty Princess]

that is the best decision, because there's nothing good in the crypto market this year. most new crypto only introduces products that doesnt function in any field.

You must know how much you long for on your investment to know the limit. Though it is good that you cut your lose, when the truth is you have big lose before you decide. No one can blame when you are in a situation that you need it, but if it is a potential coin you gonna regret it when the price goes up and you do not wait.

[sepa]

I don’t go the same way in principle, and I can’t advise this to anyone, it makes no sense to sell violas right now at a ridiculous price.

[shirackjs]

This is your decision to made, I understand that it takes alot of patience to hold the coins for a long time. Good luck to you and have a nice holiday. You deserve it after all these stress.

[pidie]

In my opinion, the thing you do is a big mistake by throwing away all altcoins. because you don't see the potential of altcoins in the crypto market. at least you can leave some altcoins to hold while waiting for prices to rise. especially now that almost all altcoin prices have decreased significantly.

[andrejka]

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.

As for me you have done a big mistake. You sold crypto at the bottom or near it. When the market will start to grow next year very fast and strong you won't be able to jump into this train again at low prices and will buy the crypto you had sold cheap at the very expensive prices. Remember my words))

[Tnt1971]

I am agree with you .I have faced same problems . Now bitcoin and ethereum price is decreasing high motion and my altcoins also dumping with bitcoins and ethereum declination.

[Shakreen]

hahhahaha ..... be patient ... 2018 is a very tough year but we have to remember 2017 BTC and altcoin is the peak price ... reasonable 2018 is very bleak ... we can only hope 2019 is better for recovery ... ... we always hope there will be a better next year

[baobao2000]

I think it is wrong time to sell coins at moment. The price is too low to sell most of the coins. I just did a similar mistake few weeks ago, I sold one of the new coins when see everyone dump the coins, and I sold the coins too, the price rise again, if I have patient to wait few weeks, I wouldn’t lose money.

[CLywaTeLb]

In my opinion, the thing you do is a big mistake by throwing away all altcoins. because you don't see the potential of altcoins in the crypto market. at least you can leave some altcoins to hold while waiting for prices to rise. especially now that almost all altcoin prices have decreased significantly.

The correct sentence. Since prices have fallen significantly, one or two altcoins will not change anything. You can leave them on the market and forget until the crypto changes trend. You almost do not risk, but have the opportunity to at least return your investment.

[Furious 7]

I am still safe, some of my altcoins are discarded and secured the fiat for a while. This sign is visible so the best decision is not to hold any coins. just look at them screaming and it's hard to get BEP from their assets.

[baigreen]

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.

Of course, friends will be hard on this. Knowing that the investment will not return. But that is your decision. I still do not dare to do this. Because I do not want to sell my coins for so much cheap. I will wait when the market will recover or they will burn. But such is my plan and choice in this situation. Only forward.

[GatotKaca]

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 respect your decision. When the market falls and continues to fall indeed we will be confused whether to keep holding it and the long time period will be profitable or just the opposite so some people will choose to sell it to cut bigger losses and some people choose to keep holding it because they still believe that the market will return recover and increase.

[Gabteb]

  Newbie says 99% of all alts are scam, no boys, pls dont do this,about dumping, friend you are doing it, in worst time so do you think it was easy for cryptomilloners dont sell their BTC afther it went from 0.10 to 100$ or more it was dificult but they hold and now they are milioners i dont say holding of yor alts 100% will make you rich but patience is the key i belive.

[andreizver]

You are not one. Almost all small players do the same. But I am still sure that good times for crypto will come and we will see the price recover. However, crypto is still good technology and a lot of peoples will come in this industry.

[dagelan]

know the most correct way to avoid this is to take and enjoy your vacation and stay away from your exchanger account or log out

[khufuking]

I really dunno how much is your loss! But dumping and getting out is not an option for some of us that are in a huge loss if you choose to get out and will check back later when market change then that is your choice but just remember that Crypto train never beep before leaving, so you are gonna miss it for sure if you are planning on a return.