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Author Topic: Why would you sell an altcoin right at the very bottom  (Read 6760 times)
Daha19
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July 26, 2019, 05:47:10 AM
 #161

It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.  Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie.  But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value.  Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.

ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.

Much love to all altcoin holders (especially those that hold HST decision token)

Stay safe, and see you all at the very top of the next altcoin season.

Peace out Cheesy
Well, if a person is trading an intraday transaction, then he may try to catch the altcoins below, since when fixing Bitcoin there will be a short-term approach down the altcoins

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miningguru
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July 26, 2019, 06:17:53 AM
 #162

People do not want to wait and they are very likely to panic. This is obvious that even if market is falling, sooner or later it is going to recover, but no one wants to hear that, the only thing they want is profit right here and right now.

They won't bother about the market but their main is to make money but at last, they will sell their coins for loos. So we should always wait for the recovery otherwise, we will end in loos always. Without patience, it is impossible for us, to make good through cryptocurrency trading.
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July 26, 2019, 06:41:45 AM
 #163

People do not want to wait and they are very likely to panic. This is obvious that even if market is falling, sooner or later it is going to recover, but no one wants to hear that, the only thing they want is profit right here and right now.

Most of the Coin projects are paying their devs and teams in the coins they develop but taking into account that they must gave them amount of coins in relations to ETH or BTC price you can make conclusion that situation like that will always make flood on the market especially with low priced coins where they must give enormous quantity, that puts regular customers (miners or average Joe exchange investor) in awkward position where their investment starts bleeding money fast and you are left with whole bunch of worthless coins for the moment.

If that same project doesn't have real purpose you can expect that after some time when adrenaline goes lower so are the bulls.
So that's second drop that makes Coins double dropped, that is usually the time after most coins goes to limbo and never recover from the basement price.



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July 26, 2019, 07:05:58 AM
 #164

Most of people don't have some spare money so I think they can't avoid to sell some of their altcoins at the bottom due to their financial needs. I myself somehow sell not on a bullish market when I need something so buy ie. Smartphone, Uniforms, and etc. It's an awful to spend altcoins at the bottom but still we can buy more when we get extra money.
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July 26, 2019, 07:17:39 AM
 #165

the reason why I sell altcoins is right at the lowest price because I feel that altcoin is difficult to develop, so an effective way to grow altcoins is by selling them and buying back altcoins that are worthy or have great potential for investment.

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ophyrim
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July 26, 2019, 11:50:37 AM
 #166

To buy another coin which is relatively cheaper and better. You can always sell and buy but you have to know how to move your position.
Or you can also sell to buy a coin which has better technical analysis.
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July 26, 2019, 02:05:46 PM
 #167

To buy another coin which is relatively cheaper and better. You can always sell and buy but you have to know how to move your position.
Or you can also sell to buy a coin which has better technical analysis.
To do this, the best and simpliest way to do is:
Waiting for waves of dumps when altcoins fall to nearly 20 percent or lower; then you can step in with nearly zero risks. Doing this also help you to maximize your marginal profits, and reduce waiting time to take profits too.
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July 26, 2019, 02:36:49 PM
 #168

the reason why I sell altcoins is right at the lowest price because I feel that altcoin is difficult to develop, so an effective way to grow altcoins is by selling them and buying back altcoins that are worthy or have great potential for investment.

Don't just feel that way, judge the project whether it can play or not and then make a decision to sell them. Because there are so many altcoin after a long time of sharp decline, the price increases afterwards because they launched many new products
Well, after a long time of decline, prices will definitely rise again but here, everything is simply a recovery and you should know that recovery only reaches a certain level, then, the price altcoin still continues to fall deeper and never return to your desired level. And if someone sells their altcoin at the bottom, that means they have realized the story I told, they already know that their investment was damaged, and their quick decision will reduce the greater losses, take advantage of new opportunities

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iphmp159
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July 27, 2019, 09:52:34 AM
 #169

Well, after a long time of decline, prices will definitely rise again but here, everything is simply a recovery and you should know that recovery only reaches a certain level, then, the price altcoin still continues to fall deeper and never return to your desired level. And if someone sells their altcoin at the bottom, that means they have realized the story I told, they already know that their investment was damaged, and their quick decision will reduce the greater losses, take advantage of new opportunities
It is recovery for investors whom bought at peaks, at all time highs, and did not take loss, kept holding till altcoins found their bottoms. For them, the coming rises are recoveries, exactly. However, for investors whom bought at price very near to bottom range, they will get profits, and coming rises are growths for them, not recoveries or rallies.
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July 27, 2019, 10:16:54 AM
 #170

It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.  Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie.  But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value.  Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late.

ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.

Much love to all altcoin holders (especially those that hold HST decision token)

Stay safe, and see you all at the very top of the next altcoin season.

Peace out Cheesy

We sell our coins at the bottom, especially when there is bad news related to the teams that overshadow the coins such as irresponsible developers or because of other problems. Sticking to it will certainly be in vain. But for coins that are still developing well, it's worth holding on because the opportunity for such coins to increase is still there.

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July 27, 2019, 10:44:12 AM
 #171

In this action may result of many factors, personally I sold of some alts due to emotions but in reality when you realised that the project is dead you just have to sell off and move on, a typical example is STQ, very promising than I ever taught but currently as dead as a dead stone, No one will continue to hold regarding with it.
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July 27, 2019, 08:15:50 PM
 #172

The excessive bonuses that were used to be given out was the main reason for dumping activities in the cryptocurrency world. Inadequate monitoring of bounty and airdrop campaigns also have major contributionfo dumping. There's no price not good for anything free.
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July 30, 2019, 12:39:41 PM
 #173

Because people are very likely to panic when they see red stats on coinmarketcap. They would rather take a loss and save at least some money, rather than to wait for the better market conditions. I do not understand such a behaviour, but it happens every day.

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July 30, 2019, 07:56:39 PM
 #174

Because people are very likely to panic when they see red stats on coinmarketcap. They would rather take a loss and save at least some money, rather than to wait for the better market conditions. I do not understand such a behaviour, but it happens every day.
People are just panicking to sell their coins, and people just can't wait long for growth to sell their coins at low prices
indeed, only panicked people will sell their altcoins at very cheap prices. even cheaper than their purchase price.
panic makes no trust in assets owned. all research and analysis will be in vain if you feel panic.
Altcoin panic on the cryptocurrency market for a long time. I think that many who have played these coins before will be in a better situation.

 
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August 04, 2019, 11:46:56 AM
 #175

Many altcoin may not rise in price, and so most cryptocurrency users are reviewing what is in their portfolios.  I am sure that they sell at any price those coins that, in their opinion, have no prospects, but buy something that can bring good profit in the future.
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August 04, 2019, 06:15:00 PM
 #176

because people have lost a lot of money and want to slow it down somehow. which, of course, causes them to panic.
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August 04, 2019, 06:20:03 PM
 #177

This is quite positive, thanks for the message. However, that is not always the case; it's usually harder for most altcoins to get back on their feets. It requires dedication to continue to hodl them, and such emotional attachments are not encouraged.
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August 04, 2019, 08:41:33 PM
 #178

Because people are afraid of losing their money. If you have invested 1000 dollar into any project and few days later you mention that your investment turned into 700 dollar, 90 percent of people will cash out and make a loss instead of waiting for the next wave.

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August 09, 2019, 12:09:18 PM
 #179

considering the altcoin market situation is declining of course I will not sell at low prices it is very risky. I use this opportunity to collect several altcoin bags and also add investment with bitcoin. but I'm more focused on bitcoin, because the price of bitcoin is currently experiencing a good increase.

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August 09, 2019, 12:17:05 PM
 #180

considering the altcoin market situation is declining of course I will not sell at low prices it is very risky. I use this opportunity to collect several altcoin bags and also add investment with bitcoin. but I'm more focused on bitcoin, because the price of bitcoin is currently experiencing a good increase.
The price of altcoins is heavily connected to the top cryptocurrencies and buying small altcoins will provide us a opportunity for collecting more affordable altcoins in market. Recent market indicators suggest to buy more and decrease the cost of getting stopped. The risks are growing day by day along with the requirements for holding balance around the initial investment amount which substantially tends to go down due current bear trend.

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