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Author Topic: I am just Dumping all my altcoins!  (Read 88937 times)
sergeykravchenko1959
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January 08, 2019, 10:41:40 PM
 #381

I have a lot of coins in which I invested in long-term, and at the moment they are much lower than the price at which I purchased them. But having been engaged in cryptocurrency for several years, I learned one golden rule - the main thing is to have patience, and the prices of coins will definitely grow again.
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January 08, 2019, 10:41:48 PM
Last edit: January 08, 2019, 11:00:26 PM by edmundo
 #382

I really don't think this is a wise idea. Dumping your altcoins for almost nothing at these present market conditions make no sense. If I were you, I will hold for better conditions before selling. At this point in time, you will be losing more than gaining anything. This present actions of yours could turn around to haunt you and cause you so much regrets once the market turn around which will most likely happen.
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January 08, 2019, 11:16:22 PM
 #383

I have a lot of coins in which I invested in long-term, and at the moment they are much lower than the price at which I purchased them. But having been engaged in cryptocurrency for several years, I learned one golden rule - the main thing is to have patience, and the prices of coins will definitely grow again.

If what you do when your coin price falls is patience. Of course that must be done, Karen as long as we believe in the crypto. Of course it will be very good for the future. When you buy, of course you expect the coins you buy will increase. That is the reason why you bought the coin. In crypto it is certainly very unique, prices can be low and can also be high. So what you do is to be patient when your coins are still low.
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January 08, 2019, 11:32:19 PM
 #384

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.
When the whole market is in the downtrend period, all the coins are in the bottom price, the time to buy and hodl then you sell at this time. You are so nice
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January 08, 2019, 11:52:40 PM
 #385

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 are "a good person"
You are willing to buy at the top when people want to sell and resell to people at the bottom price. To make a lot of money in the crypto market, the world needs a lot more people like you. LOL
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January 09, 2019, 01:14:01 AM
 #386

I really don't think this is a wise idea. Dumping your altcoins for almost nothing at these present market conditions make no sense. If I were you, I will hold for better conditions before selling. At this point in time, you will be losing more than gaining anything. This present actions of yours could turn around to haunt you and cause you so much regrets once the market turn around which will most likely happen.
Sometimes investors are left with no alternative choices but to sell away all their altcoins at a huge loss as there are no signs of recovery on the crypto-currencies trading market for such a long period of time, they might be struggling to put food on the table for their family members, and I believe they would still put their family members as their first priority in such situations.

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January 09, 2019, 03:09:04 AM
 #387

Facts have proved that now is not a good time to sell the altcoin, the cryptocurrency market is slowly rising, please wait patiently for the opportunity.

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January 09, 2019, 03:46:14 AM
 #388

not inevitable misinterpret what you're doing wrong. Crypto conditions that exist today are certainly beyond the allegations of many people so much is forced to sell cheap to their needs. at least things like this can be used as a lesson for the other also where crypto could not deliver results and so on should always be ready with a loss that will be obtained.

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January 09, 2019, 04:07:20 AM
 #389

I am fully convinced that, thanks to the current state of the crypto market, investors have received long-awaited opportunities for bargaining good coins at a very low price. Now, in any case, there is no need to succumb to panic and sell your coins, because from next year the situation will gradually change.
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January 09, 2019, 04:14:11 AM
 #390

You must have a reason why are you selling your alts.. If i were you just leave some of the altcoins that are easy to make profit, then you can buy back the others that you have sold

Too many negative news about crypto and of course many drop markets are the reason for many people to dump their coins, and the more people are dumping, this will make the market increasingly drop and difficult to recover.


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January 09, 2019, 04:21:32 AM
 #391

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.
Actually what you do is a big mistake. But what happens is what happens. Because everyone is of course different in their patience when crypto is in decline. Because if you are patient at that time, maybe now you can get more. At least if you lose, of course there are not many losses that you get.
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January 09, 2019, 04:22:39 AM
 #392

99% alt coins are scam, their creators make fast money after small investors put their money, and after rising, the authors of their own shit coins convert to BTC or ETH, and after to $ in exchange, we don't need 54325432 alt coins
Yes i agree with that mostly altcoins are scam people who invest or buy on it are are suffering on losses and people behind on it are now gone. Next time be careful on choosing the best crypto to invest.
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January 09, 2019, 04:32:07 AM
 #393

Dumping may be neccesary for some invedtors if they are in need of tgeir fund, they may decided to sell at any price and come back to buy back when they have sorted themselves  out. There is no harm to anyone in doing this, cryptocurrency us an open market!
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January 09, 2019, 04:57:46 AM
 #394

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.

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January 09, 2019, 05:15:00 AM
 #395

Dumping may be neccesary for some invedtors if they are in need of tgeir fund, they may decided to sell at any price and come back to buy back when they have sorted themselves  out. There is no harm to anyone in doing this, cryptocurrency us an open market!


Besides they need money, of course they think that their coins have no future, they are worried that if prices continue to drop and are worthless, this has happened to hundreds of coins and tokens that made them worried about the coins they had.



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January 09, 2019, 05:27:18 AM
 #396

Whether it's a good decision or not but actually it may be that many shit tokens that you have and have to make decisions by selling some of your assets to get a profit are reasonable

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January 09, 2019, 05:43:50 AM
 #397

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 unwise now that cryptocurrency prices have fallen so much. Even if you really need money, you could sell only a part of the least promising ones. However, each of us has the right to choose. We just do not need to invest in cryptocurrency significant funds, without which we can not do in our daily life. It should be mostly free money.

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January 09, 2019, 05:48:54 AM
 #398

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.

 
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January 09, 2019, 06:06:45 AM
 #399

Was this the best you could do? So you want to check later on and then those times you dumped now has more value than you anticipated?  I wonder how you are going to feel

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January 09, 2019, 06:28:37 AM
 #400

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.

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