Why would you sell an altcoin right at the very bottom

Actually I do not plan to sell or buy altcoins at the moment. I am a holder since 2018)

I too believe the time for alts would come but not as in the way as the last bull run. Alts bull run this time would be selective. There are many dead and dormant coins which would not get any price even if there's a bull. The coming bull would be selective. And only the hodlers of good tokens would benefit.

Anyway, everyone understands that now is the time when you need to get rid of all the coins that cause distrust. I am sure that not all altcoins will be needed by someone in the cryptocurrency market, but you need to more carefully review your portfolio.

I wonder why people will hold coins for long and sell when the price dipped massively. What's the essence of holding for long term if you've got no patience? Holding requires patience although if not for long term, always know when to sell. I can only dump coins cheap when I've lost interest in the project, that's when there is no development update.

Evening there ladies and gentlemen. And what is your attitude towards mining? Cause in my opinion, industry in rather interesting. And I am now considering buying a miner from globemining com. Anyone here has an expereince woeking with the guys?

Quote from: buzcarn on July 16, 2019, 10:44:50 PM

Evening sir. Well, yeah, they are pretty popular these days. First time you are buying the miner?

Quote from: greelzs on July 16, 2019, 10:50:36 PM

Evening sir. Well, yeah, they are pretty popular these days. First time you are buying the miner?

Yep, the first one. And I was told that the guys are having wide range of devices

Quote from: buzcarn on July 16, 2019, 10:50:57 PM

Yep, the first one. And I was told that the guys are having wide range of devices

This is absolutely true. And have you already chosen the one for yourself?

Quote from: greelzs on July 16, 2019, 10:51:45 PM

This is absolutely true. And have you already chosen the one for yourself?

To tell truth, choosing between Antiminer S17 and Z11. Both look pretty bold

Quote from: buzcarn on July 16, 2019, 10:52:01 PM

To tell truth, choosing between Antiminer S17 and Z11. Both look pretty bold

This is true. Well, I have tried both and both show great performance

Quote from: greelzs on July 16, 2019, 10:54:33 PM

This is true. Well, I have tried both and both show great performance

Great to hear. And I live our of the US, are you aware whether there are some restrictions for delivery etc?

Quote from: buzcarn on July 16, 2019, 10:54:52 PM

Great to hear. And I live our of the US, are you aware whether there are some restrictions for delivery etc?

Nope, absolutely not. The guys are shipping worldwide

Quote from: greelzs on July 16, 2019, 10:56:21 PM

Nope, absolutely not. The guys are shipping worldwide

Perfect, thank you very much for recommendation! Will share my experience afterwards

Quote from: dedocry on July 16, 2019, 08:26:12 PM

Actually I do not plan to sell or buy altcoins at the moment. I am a holder since 2018)

A strong hodlers must have good coins to hold, you are really cofident about your coin which is good. Do buy top altcoins at the bottom price it can lessen your losses and you fan have chance to make profit if its a good coin. Don’t sell atlcoins at a big loss, it can hurt you that much.

You cannot blame these people, it also happens to me one time people are selling for many reasons like they saw that the project had no development at all and it's not gaining support from investors and the community, and investors see new good project with a much better potential in the market, and he needs to trade the coin for another coin.

If there's no development on the altcoins that i have then there's no point in holding it, sometimes we need to sell off even at losses because it's better to get something than nothing. However i also believe altcoin season will commence but not this year maybe in 2020.

This is a serious matter, which market is still fluctuating in the global market, take a look of Alt-coin prize for pass three weeks ago, the market was full of green and many holder was happy, Therefore the current prize situation is not courage to sell, but rather to invest towards the cryptocurrency.

I personally have never sold an altcoin that I had when I experienced the lowest decline. I still hold the altcoin for months. because I believe and believe that the altcoin that I have will grow and the price increase in the market will increase significantly. if you don't have confidence in the altcoin itself, it will only waste the assets you have.

That all depends to the holders. Because we all know the risk in having and holding any kind of alts. And it is 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 know that truth that cryto business has a lot of risk and on the brave will accept the risk that may come up to them.

Why would you not sell it if it is on the bottom, the worst thing that could possibly happen to you is selling your coin at the bottom because that means you have lost your investment on that coin, investors should watch out and sell your coins before it hit the bottom.