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Author Topic: Dont sell off because of the period  (Read 950 times)
Gayong88
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May 03, 2020, 05:55:07 PM
 #61

This is a basic consequence before proceeding further. Actually easy, all is the tendency of someone in making a decision whether he or she is an investor. each is also smart enough to manage and analyze their investments so they don't lose out. all moments or issues that develop also become reference material in terms of decision making when going to invest.

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May 03, 2020, 06:13:21 PM
 #62

I personally still hold some top coins like ethereum and bitcoin, I know in this situation the possibility the coin will rise higher hopefully in this period will bring a lot of profit to me because I hold coin it included in a long time

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May 08, 2020, 10:35:42 PM
 #63

Agree with you and i think it's a good move to not sell whole holding altcoin because of btc price rising. Sometimes altcoin price depend on btc but i would like to support your thought. There are plenty of coins which start with penny and now those are $20,$30 or 150$ just with in couple of years. So i think holding a good altcoin might be a game changer for us if we choose the right on.
if indeed you believe in altcoin that you hold and are sure to experience an increase, that's a good way to hold it for a long time, sometimes there are people who only save it without any prior analysis of the coins they hold,

Yeah altcoin also can give you huge profit if you choose right one. Maximum altcoin are useless or trash but there are lot of project that have real product and their team always working hard behind that project. For success you need time and patience. Look btc popularity right now it didn't came in one day or months it's take lot of time and effort. So i think investing on good altcoin for long term is quite good idea.
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May 08, 2020, 11:11:56 PM
 #64

It already is a terrible idea to sell at this time considering that most crypto prices have fallen to their base prices and some of them at all time low. Truth is, this moment will pass and there will most likely be an improvement in prices of cryptocurrencies most especially with the Bitcoin halving just a few days away. Several analysts have forecasted increase in prices and this is already been seen with Bitcoin price climbing above $10k this week. The believe is that, the rallying of Bitcoin will filter down to altcoins culminating in a bullish trend. Hold on to your tokens, better days will soon be upon us.
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May 09, 2020, 07:54:05 AM
 #65

    People associate success and safety with BTC. It is the most well-known and promoted crypto currency, and this offers investors a certain security. People are aware of the crypto potential and they know that BTC has overcome extremely difficult times. But altcoins certainly brings much higher profits than BTC, but the degree of risk is higher.
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May 09, 2020, 08:33:57 AM
 #66

those who do that may intentionally make use of the BTL halving moment.
and there is nothing wrong with that.
maybe they are short of money so they sell their ltc to buy btc because they want to make a profit when halving happens and buy their alt again when the price is normal,actually this is the same as taking a risk.
what if altpoints fall when bitcoin goes up or the price of bitcoin won't go down after halving and keep going up

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May 09, 2020, 11:49:35 PM
 #67

We know that being a holder or trader is not easy. Need a lot of consideration and analysis. It must be based on sufficient capabilities and experience so as not to be easily influenced by other people's assumptions. All news and rumours certainly affect mentally, so we must have confidence and a strong conviction.

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May 10, 2020, 08:22:01 PM
 #68

One of the things I have come to understand or rather that exists in this space is that, once there is signs of growth for Bitcoin, many people won't mind selling to Bitcoin, because that is the best coin which gives good chances of growth; this same thing with Bitcoin is same with Ethereum as well. Also, people sell for different reasons one is investing in Bitcoin another is investing in a coin which has higher potential than the current one they are holding. Those holding altcoins like Ethereum and so on hardly sells anyhow but those holding most new altcoins are always quick to sell when the opportunity comes up.

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May 10, 2020, 08:50:31 PM
 #69

hold altcoins is't easy especially for altcoins that are still relatively new, there will certainly be a lot of fudders or news that makes holders feel doubt so they prefer to sell altcoins and exchange it for bitcoin. And now there is news that half of bitcoin will push up the price of bitcoin, so many people don't want to miss that to make a profit

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May 10, 2020, 09:12:03 PM
 #70

hold altcoins is't easy especially for altcoins that are still relatively new, there will certainly be a lot of fudders or news that makes holders feel doubt so they prefer to sell altcoins and exchange it for bitcoin. And now there is news that half of bitcoin will push up the price of bitcoin, so many people don't want to miss that to make a profit
unfortunately the current condition of the price of bitcoin at the exchange place is falling so I think that if selling it and exchanging it for bitcoin at this time will only give a loss, it's better to keep the assets in the form of altcoin and wait until the altcoin price also experiences an increase in price.

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May 10, 2020, 09:13:15 PM
 #71

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.  

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May 10, 2020, 09:16:35 PM
 #72

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.  
only a few altcoins that do have very good potential that will provide many benefits for those who buy them, but of the many altcoins that are created, only a few altcoins have succeeded in developing it into reality, so my advice is not to buy altcoin wrong, make sure the altcoin purchased has good potential which can make a lot of profit.
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May 10, 2020, 09:17:50 PM
 #73

hold altcoins is't easy especially for altcoins that are still relatively new, there will certainly be a lot of fudders or news that makes holders feel doubt so they prefer to sell altcoins and exchange it for bitcoin. And now there is news that half of bitcoin will push up the price of bitcoin, so many people don't want to miss that to make a profit
It caused by altcoin has a lot of problems especially when it comes to the development progress.

The majority of traders are preferring to sell their altcoin for USDT and that's it.  People aware of the potential of volatility to eat their profit instantly. One of bitcoin whale has said that the halving already priced in and what will be coming very soon to make bitcoin to go back again to the middle level. There will be no FUD or bad news but traders have the intention to sell after the event has already done.

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May 10, 2020, 10:58:19 PM
 #74

Alot of traders are falling for FUD but am very much certain that the current situation is temporary and soon everything will go back to normal

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May 10, 2020, 11:14:20 PM
 #75

I sold off some of my altcoin to buy the ones I feel would be a better investment in the long term. I am was tired of always watching the coins not to dump by trading them.
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May 10, 2020, 11:17:38 PM
 #76

The worst thing that can happen to anyone in crypto investment is to panic sell . there is this saying that  you don't lose in crypto  untill you sell .

this is true but in some cases people feel tired of holding a particular asset and for the fear of losing all , they follow one little FUD and  sell off.  At that point ofcourse  you have lost .

If you must survive in the cryptoworld you have to learn  first how to do you own research . its not all News you hear that are true  some are fabricated just to  cause FUD and  make  weak hands to panic sell . i have witnessed this severally and i have learnt to do my own research before deciding on whether to sell or buy any crypto  asset.

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May 11, 2020, 02:33:52 AM
 #77

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.  
this is not entirely true, we can still benefit from altcoin of course it has conditions.
first, we must find the right altcoin. secondly, of course we must know when to buy and sell it.
that way we will get the benefits we want.
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May 11, 2020, 02:42:24 AM
 #78

I personally still hold some top coins like ethereum and bitcoin, I know in this situation the possibility the coin will rise higher hopefully in this period will bring a lot of profit to me because I hold coin it included in a long time
The only best option right now is to hodl since were are nearing in bitcoin halving that might see some pirce surge for these two major coins, and maybe we some spike up from other alts as we especially those coins that shows promising potentials and making a long stride even if the market was down few months back.
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May 11, 2020, 05:23:15 AM
 #79

Investing in altcoins can look itself such as the best way of making a good profit, l agree with this opinion. But if we realize the market, we can see that there are a lot of people, who have lost their money. More than that these numbers are increasing day by day. We can just say that investing in altcoins is not as profitable as expected.  
That's a usual thing when you already decided to deal with speculation market. If there was no someone who losing his money and there will be others who will take the profit.
This is how the crypto ecosystem works today.

The fact so many new millionaires have been coming from the investing in altcoin too. It can't be denied.

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May 11, 2020, 09:08:51 AM
 #80

another period should I sell now then
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