Why would you sell an altcoin right at the very bottom

[radjie]

most people sell their altcoins at the bottom because they are afraid that the altcoins will soon disappear or have no market value. people think it's better to lose than not to get any results. in fact the person who did this did not have high trust in the altcoin he had. how to succeed if you don't have confidence in the altcoin itself, as a trader I regret that.

other than that, maybe because there is an urgent need because it requires money quickly so they decide to sell the altcoins they have when the market price drops. I am sure that most people will not sell it as soon as possible if he does not need money

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[coin-investor]

It's a moving market and we have to be very observant and our portfolio, we need to check from time to time if all the coins we are holding are all still worth holding or not, we need to liquidate coins that will have no value and replace it with a new and developing coins.

[iTradeChips]

There are many people in the past that were optimistic during the bull run of 2017 and was able to buy alts when they are mostly at their all time high. But most of them panicked when the bear of january 2018 started crashing down on the altcoins so many of them just sold their alts for a very small loss on their part. I would say never ever do that. Hold on to your coins and engage in that coins community so that there would be good assurances that the coin will stand the test of time.

[silver23]

I think no body want to sell their coin in bottom price.
It is happened because that altcoin is shitcoin, so they think just sell and cutloss it is OK.
Shitcoin is never get hope to grow.

[kumala_abi]

I think no body want to sell their coin in bottom price.
It is happened because that altcoin is shitcoin, so they think just sell and cutloss it is OK.
Shitcoin is never get hope to grow.

shitcoin give us nothing ,it just make us frustration.while we in this condition we will sell everything not only shitcoin coin  but also potential coins that its price still in bottom.we have to decision quickly if we see bad sign in our assets.

[Fundamentals Of]

If you are in bad need and you are left with no other resources but your altcoins, you might be selling them even with a loss for lack of choice. Or perhaps if you are in an emergency situation and there is no one you can borrow money from, you might also be forced to sell your precious altcoins even if their prices are at the bottom. But you will certainly exhaust all means before resorting to this decision. 

[tanjiran]

If you are in bad need and you are left with no other resources but your altcoins, you might be selling them even with a loss for lack of choice. Or perhaps if you are in an emergency situation and there is no one you can borrow money from, you might also be forced to sell your precious altcoins even if their prices are at the bottom. But you will certainly exhaust all means before resorting to this decision. 

You are right. I have been in such difficult times, so I have been forced to cut losses and sell most of the altcoins at low prices to make ends meet. If there are other options, of course, I would prefer to hold the altcoin.
In other cases, for example, a token from a bounty, I choose to hold it for a while analyzing the market, if possible then I will wait until the price goes up, at least until it approaches the price of ico or ieo.

[103deltafox]

If you are holding a token with potentials, then it is wrong to sell at the bottom, also I think people sell off because they get emotional for fear of more dip. Also when they feel a token has no worth or use case they dump at any price.

[kannikaamudee]

ditch that mindset, buy high and sell low , that isnt healthy 

[BitcoinPanther]

Everyone has their own reason why they sell coins or tokens on its lowest price. I know it looks foolish or unreasonable to us but we need to take considerations of these people. But if it will really affect us then we need to educate them so that they will have guidance on making such decisions.

To those who hodl their tokens and waiting for the altcoin season, just hope for the best. We really don't know what happnes next.

[Fireag]

Now of course not the time to sell their Altcoins, because in the coming months they can grow several times! Although some will not grow ever. you need to analyze everything in great detail!

[meleonk]

I do not understand those who sell their Altcoins when they are at the bottom. What is the point? They work in the bounty companies whole month and then they sell their tokens for $ 10 but in fact their cost is $ 1000. This is done by either silly people or schoolchildren.

[Spaffin]

A significant part of cryptocurrency users who work on bitcointalk, refer to cryptocurrency as the main source of income.  On this basis, we can assume the real reasons for the sale.  Although some coin owners, who have not yet shown their potential, are trying to redirect their funds to more profitable coins.

[lab rat hoax]

Personally i don’t prefer to sell any altcoin at the bottom. Panic is the most common reason for those people who is selling at the low price. But still i think the rest of people must have their own reasons to sell it from the worse price, like urgent needs etc..

[cytpoway121]

When an altcoin is at the bottom; an investor is at a crossroad
Because there are 2 following situations

1. It’s either the projects get delisted and dies off
2. Or it survives the dump

Most projects do not survive; which is why selling off is considered by most trader

[tippytoes]

When an altcoin is at the bottom; an investor is at a crossroad
Because there are 2 following situations

1. It’s either the projects get delisted and dies off
2. Or it survives the dump

Most projects do not survive; which is why selling off is considered by most trader

And from the looks of it, the HST token that the OP is talking about, more than likely, situation # 1 is coming for this coin. I'm not a follower of this token but just looking at the charts,  it has a steady decline of price. So I don't know, if it will increase its price miraculously. Those who survive the dump are those with solid foundation with real application in the market. And the team is still visible in their respective developments. So is HST in continuous development?

[acmakc12]

Usually, people sell violas because of impatience, someone just took it two months ago and sold everything, and someone waited for today and got some kind of profit, everything is arranged, the one who is stronger and more patient, wins.

[princeyeboah]

Every investor may have their own personal reasons for selling a coin. And for an investor to sell a coin at the bottom may either mean that the investor has lost hope in that coin and is selling to cut losses or the investor does not have adequate information about the capabilities of that particular coin. Although not all cryptocurrencies are capable of becoming successful, hence it is up to the investor to research and come up with good reasons to either hold or sell irrespective of how low the coin may have dropped.

[michellee]

The most reason why we sell that coin is that we cannot wait for more and we want the money for urgent situations. I already have this experience in the past, and that makes me sell some amount of coin to get the money, and I can withdraw my btc to fiat. But if that is because of we panic to see the price, then I think that it's not a wise decision because the coin price can increase in anytime and we can miss the chance to sell back the coin at a high price.

[Miklight88]

Some dont know how to read chart and if alts is going more down without reading a chart or know where it could stop warrant a sell to prevent the loss and in short time it bounce back up for more profit which also create fomo for most trader and end up losing every thing so patient is key and holding for long will be a better option if you dont know when or how to read a chart.

I advice to always invest in big project that will not be seen out of market anytime soon .