Dont sell off because of the period

[kceekcee]

It is hard to convince when and how to sell.
Because time and time again, different investors got in at different times totally.

For some investors, they are at 100% profit, for some 50%,for some 10%

And this is one reason why some find comfort to dump and take profits anytime

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[gweedo]

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

FUD always happens in this market, it will last forever with the development of the market. Investors need to gain experience so they can not be trapped in bad situations leading to losses

[Spaffin]

that time has already passed, When it was profitable to invest in altcoin at the ico stage of the company, as well as when these altcoin entered the market during the first drop in their prices.  today in the cryptocurrency market there are already well-established altcoins that are in constant demand and it is very difficult to make a profitable investment, especially if you expect to get very fast and big profits.  if you invest in Ethereum or Bitcoin Cash, for example, and these are almost the most expensive altcoins on the cryptocurrency market, then you will get good income thanks to these altcoins only after long-term storage for a period of several years. But before you act, you always need to calculate your risks, including altcoin prospects and future development opportunities.  as well as how the development team does its job to promote its project.

[Lexurdania]

Am not the one to endorse all altcoin, or point someone to the direction of trading or investing in one. But am the type of investor that does believe in shaking or shivering with situation.
Bitcoin is rising and thats good. Rumors can say the up coming bitcoin halving has something to do with it.
Many are now quick to sell off altcoin that they have been holding with so much promise.
This can be of bad consequences, I am the one to always invest in BTC if I have the found to get one, but I did not invest in bitcoin because of increasing price.
What you tend to loose selling of your coin
+ all your time of investment would become in vain: long term holder of altcoin should not without a thoughtful look sell off there coin
+ things might not go as you planned: the ball can go two ways, one it can go in your favour and two go against you.

I understand that investing in something more promising -bitcoin for example- is productive, but rather than, selling off just invest in it with available raw capital.

In my opinion, in investing what is needed is patience and also making the right strategy when we have to sell or when we have to buy. If we have decided to invest long-term, I don't think we need to think about the daily price movements because it can interfere with our psychological

[lienfaye]

In my opinion, in investing what is needed is patience and also making the right strategy when we have to sell or when we have to buy. If we have decided to invest long-term, I don't think we need to think about the daily price movements because it can interfere with our psychological

Thats the advantage of holding for long period, you dont need to worry for the current price and the roller coaster movement of the market since you already set a time frame on when to hold your coins.

On the other side if I want to buy bitcoin I wont sell my altcoins to be able to buy. I will use fiat instead because it would be best to diversify and never stick in just one coin no matter how profitable it is.

[Kez1817]

Selling altcoins to buy bitcoin is not the better way to gain more profit ,instead it will lead to lose. The best way is to invest both in bitcoin and altcoins if you can afford to avoid regrets if both those coins value will increase in the near future.Also investing always need patience.Making profits is not suddenly,it takes time.

[Dollar_Hunter]

Selling altcoins to buy bitcoin is not the better way to gain more profit ,instead it will lead to lose. The best way is to invest both in bitcoin and altcoins if you can afford to avoid regrets if both those coins value will increase in the near future.Also investing always need patience.Making profits is not suddenly,it takes time.

you will regret if you sell Altcoin now and go to Bitcoin, the price of Bitcoin will indeed go up but not now,
maybe altcoin season is coming soon, if you sell altcoin now you can cry all day

[Vishnu.Reang]

Selling altcoins to buy bitcoin is not the better way to gain more profit ,instead it will lead to lose. The best way is to invest both in bitcoin and altcoins if you can afford to avoid regrets if both those coins value will increase in the near future.Also investing always need patience.Making profits is not suddenly,it takes time.

Depends on which altcoins we are talking about. I have been active here for more than three years, and I have seen the ups and downs of cryptocurrency. And right now, I am feeling skeptical about the altcoins. During the last 1-2 years, the acceptance and adoption of altcoins have declined considerably. And this is applicable to some of the well known altcoins, such as Ethereum, Ripple, Cardano, Litecoin and Monero.

[ethereumhunter]

In my opinion, in investing what is needed is patience and also making the right strategy when we have to sell or when we have to buy. If we have decided to invest long-term, I don't think we need to think about the daily price movements because it can interfere with our psychological

Besides patience, they need to have a target on how much price they will sell their investment to take the profit. Many people forget their target price to sell because they are too greedy to expect to make a big profit. That will not be a problem if the market still rises, but the fact is the market is too volatile, and we cannot expect to make a big profit in a short time. That is why we need to have a plan or strategy with the current situations that happen on the market so we can do something if the market change.

[nreal]

Obviously the market is not responding the way we want it, when there is a lot of positive news people are acting in the opposite direction, bitcoin halving is expected to be high but btc is still dumped pathetically.

[Peanutswar]

There are a lot of people conquered by there fear and we cannot blame them because they are not emotionally stable to make decisions even they already know the risk of having investment into the world of cryptocurrency today there are a lot of altcoins needed to hodl for a long term investment because of the halving this change a lot and does not give any opportunity to the investors to get a lot of market profit or income. But still, you can make alternatives like trading with the altcoins but the investment is a really big no for now.

[Kezacky]

as a long-term investor, especially investing in top coins in the market, it must be consistent. if it can't be consistent in every decision you have made it can result in a loss. I mean as long as you hold the top coin don't panic sell when the market collapses.

[rahmatullah9305]

as a long-term investor, especially investing in top coins in the market, it must be consistent. if it can't be consistent in every decision you have made it can result in a loss. I mean as long as you hold the top coin don't panic sell when the market collapses.

And every experienced investor, they rarely panic about the coins they hold, except for new investors, because they are still afraid of the risk of loss, while investors who have experience in holding top coins, will always be calm in facing all conditions market.

[InwardContour]

There are a lot of people conquered by there fear and we cannot blame them because they are not emotionally stable to make decisions even they already know the risk of having investment into the world of cryptocurrency today there are a lot of altcoins needed to hodl for a long term investment because of the halving this change a lot and does not give any opportunity to the investors to get a lot of market profit or income. But still, you can make alternatives like trading with the altcoins but the investment is a really big no for now.

Most altcoins dipped significantly due to the halving expectation of Bitcoin, everyone is just trying to reduce risk since normally the satoshi value of most altcoins should go down with the having news. For example, my SL for OGN hit at 0.24 USDT, then it dipped further  to 0.17 USDT. In essence, do not entirely blame those who dump their altcoins at this time, its a general market perception. Once BTC starts a sideways movement, some alts prices will start spiking up again since the buy pressure will be high.

[doctor877]

It's very complicated especially when your own coin is dipping and BTC is moving up. It's just an easy decision to cut loss and join the moving train. Holding is not for the weak. I won't blame anyone selling off.

[prof7bit]

It's very complicated especially when your own coin is dipping and BTC is moving up. It's just an easy decision to cut loss and join the moving train. Holding is not for the weak. I won't blame anyone selling off.

If a person does not have much experience in trading, then he can only maintain his position. I believe Bitcoin Hold is the best solution you can come up with.

[Firefoxx]

Selling at loss it's really not good but sometimes situation that's beyond imagination can make one dump at lost but selling out of panic isn't healthy though it can be frustrating when your coins are going so low more than expected but having patience and wait for moon cold hell recover. Some do also say it's best to sell and jump into trading coin so as to recover but what if the coin dumps? Best is to buy a good coin so you can be sure of increase someday.

[tabas]

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

FUD always happens in this market, it will last forever with the development of the market. Investors need to gain experience so they can not be trapped in bad situations leading to losses

They are there no matter what the status of the market is. They will hit your feelings and you'll lose if you will allow them to hit you badly.
Set your mind and start being long term bullish in this crypto market because you'll regret allowing them to win than win against them in the future.

[rathaha10]

Only few altcoins have what it takes to survive the test of time and definitely, not all of them will see the end of the tunnel when this market downtrend and the global pandemic is over, this bad situation serves as a perfect opportunity for most of them, especially the scamming ones to bail out and most of them already did and many more will do in the coming days. That's why i don't advice people to invest in every altcoins, while the major ones can stand the test of time, it is best you go for them otherwise it is better you stay in bitcoin

[jargom]

now I understand was great to follow this advice