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Author Topic: Why would you sell an altcoin right at the very bottom  (Read 6705 times)
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July 11, 2019, 12:23:39 PM
 #21

If people seeing their altcoin going down, they will panic and start to sell in fast. But if people believe with the coin, they will not sell even if the price of that coin is down and they will still hold and buy more amount. They will survive by holding the coin because they learn about the project, they know the project was good so they decide to hold. If you sell the altcoin at the very bottom, then you lose your coin and at the same time, you are losing your bitcoin value.

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July 11, 2019, 12:59:22 PM
 #22

I sell altcoins because their value has not changed and is still below my expectations. my altcoin value continues to decline so I change it to bitcoin. some of the altcoins that I hold don't pump or have never been ATH.

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July 11, 2019, 05:42:03 PM
 #23

Why sell coins downstairs if you can wait a little longer and sell much more expensive, I think people understand that and do not sell now

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July 11, 2019, 06:08:37 PM
 #24

It seems to be entertaining in this saturation and I have to admit that it's currently a little sad to see a slow altcoin. I really don't have many altcoins in my wallet, but get bored when opening to see prices in trading. I hope the change of season will arrive soon, at least the price will rise by 30%. Don't sell or (HOLD)
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July 11, 2019, 08:42:17 PM
 #25

Why sell coins downstairs if you can wait a little longer and sell much more expensive, I think people understand that and do not sell now
You are only thinking on the positive outcomes but what if the coin in which you invested never recovers? Remember that about 90% of the projects are scams or projects that are never completed and disappear in less than a year, unless you are an incredible investor that can detect all kind of scams the truth is that from time to time you are going to invest in a token that is not worth anything and when that happens if you keep holding your coins there is a high chance you will never recover any of the capital that you invested in such a project.

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July 12, 2019, 05:28:33 AM
 #26

Most people who holding Altcoin that made bottom selling are usually affected by FUD (Fear, uncertainty, and doubt), which is used in sales, marketing, public relations, politics, cults, and propaganda to widespread disinformation.
They do not have enough courage to believe in their Alts, Beside, I don't see any good point in selling Altcoin at the bottom price and it's definitely a bad idea.




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July 12, 2019, 06:25:47 PM
 #27

I think nobody wants to make a loss in investment. People at times do panic when things they expected didn't work. It applies in cryptocurrency too. Sometimes people panic and have to make sell their coins at a low price just to prevent further loss.

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July 13, 2019, 07:57:56 AM
 #28

That's right. I totally agree that we should not sell our altcoin now that it is on the bottom. Since we really invest our time and effort on it, we have to be very wise im handling our altcoin. It is true that we don't know if this is the bottom for all altcoins but the fact that it is below the ICO price, I think we need to wait until the price will rise up. Still there is a special case which depends on the hodler's need or decision. If he want to sell it and switch to. Bitcoin then that I think is reasonable enough now that Bitcoin is rising up.

Seeing the prices of many altcoins that are depressed against bitcoin nowadays indeed makes many investors panic. But if we understand the altcoin that we hold, I don't think we need to panic and sell our altcoins at cheap prices. The project needs time to develop and I think the altseason will be coming soon
It has been long that I made investment in altcoins because I was waiting for this moment, I knew that this period is the time that most altcoins bleeds a lot, and they will seems like almost going to zero, but you know what? People don’t understand that this is the best time to actually opt in for those coins, especially the ones that have real use case.

The lower the value is, the chances of being able to acquire more, and the chances of being able to get bigger profit when they start to increase. Anyone that understand the market of altcoins, or has been following the market of altcoins in the past will know that this is the right time to make investment into solid project, wen altcoins season comes, these projects will multiply very high and such investor will have a record of huge profit.

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July 13, 2019, 08:03:12 AM
 #29

How you understand thatits the bottom? There is always room to go "0"
Check ethereum it was over 1000$ and i did not sell when it was 600$ cause it was the bottom.
And now its around 300$ and i still dont want to sell cause its bottom.
But it can go below 100$ and i will think the same its the bottom. But always there is a room to go "0"
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July 13, 2019, 01:05:39 PM
 #30

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

Maybe why others sell their altcoin for low price is that they needed the money for some personal reasons. But who knows what's the reason behind? Just let them sell whenever they want to sell. But for us who are hoping for ATH then let us all be patient and be prepared for it.
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July 13, 2019, 02:07:43 PM
 #31

It depends on the holders. Because all we know the risk in having and holding any kind of crypto. It's up to you if you should take a risk or sell your coin even it is in the bottom. From the start when the time that I have some research about crypto industry,  I already accept the fact that crypto business if  for the brave investors only.
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July 13, 2019, 08:35:56 PM
 #32

It is not all altcoins at the base will go a lot higher in incentive after some time, so once in a while you might need to sell so as to purchase coins with solid essentials, you diminish the danger of stalling out with poop coins.

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July 13, 2019, 08:39:17 PM
 #33

Some users sell alto-coins at the bottom, because project managers send them to wallets when they have low prices. Each user has its own reason for selling tokens - for example, if the tokens are left on the wallet - they will depreciate at all.
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July 13, 2019, 09:09:46 PM
 #34

everyone who sells their altocin when prices are weak has their own reasons, maybe they panic or maybe they think the altcoin doesn't have the potential to provide profits in short term or they are experiencing financial problems so they decide to sell it.

Most people want to hold their altcoins and aware of their potential profits. But in a certain situation, people have no choices, the only one way is to sell their altcoin assets. I also experienced this situation, I sell the top altcoins because of having financial problems. Unfortunately, the prices were decreasing at the time.

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July 13, 2019, 09:14:29 PM
 #35

It depends on the holders. Because all we know the risk in having and holding any kind of crypto. It's up to you if you should take a risk or sell your coin even it is in the bottom. From the start when the time that I have some research about crypto industry,  I already accept the fact that crypto business if  for the brave investors only.
Absolutely, in crypto the more risk-taking the greater the profits, but for people who want to take the safe path so he doesn't need to sell the coins at the lowest price, actually it's easy, just buy and hold coins that are guaranteed to be long, like XLM, LTC, Doge, Eth or btc. If what you are interested in is a newly launched coin with also a new project, then you have the possibility to sell it at the lowest price if you don't always pay attention to the market situation.
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July 14, 2019, 07:23:31 AM
 #36

It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.

True, but the bottom is often only obvious in hindsight. At the time, when you are reaching the bottom, all you know is that the price has been falling with no sign of stability or recovery. It can be difficult in practice to identify the bottom.
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July 14, 2019, 07:29:31 AM
 #37

It makes no logical sense to sell an altcoin right at the very bottom of a market cycle.

True, but the bottom is often only obvious in hindsight. At the time, when you are reaching the bottom, all you know is that the price has been falling with no sign of stability or recovery. It can be difficult in practice to identify the bottom.
Some people say: bought at the bottom - get a second bottom as a gift. The mistake of many people is that they are not insured and think that they definitely bought at the bottom

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July 14, 2019, 08:07:17 AM
 #38

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
You cannot blame holders especially those who invested a lot on a project, they do not want to lose and they do not want to see their investment going down the drain, so they will sell even at a very small profit, they don't even care if the price of the token they've sold will become ten times higher.

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July 14, 2019, 09:58:58 AM
 #39

Nobody wants to sell their altcoin right at the bottom. Because they are scared and they cannot stand the decline of this market. I have a few friends, they have held the BTC from $ 7000 but when the BTC fell to $ 3100 they sold all for fear and pain. It's sad when they are not patient enough to hold them to the present


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MMA Rats
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July 14, 2019, 06:41:48 PM
 #40

Nobody wants to sell their altcoin right at the bottom. Because they are scared and they cannot stand the decline of this market. I have a few friends, they have held the BTC from $ 7000 but when the BTC fell to $ 3100 they sold all for fear and pain. It's sad when they are not patient enough to hold them to the present
Our enemy is a panic, and if you panic, you're very likely to lose your money in the cryptocurrency. The most important thing is to have patience

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