mersal
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Activity: 1204
Merit: 38
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September 05, 2020, 12:01:46 AM |
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Dumping the coin could be for only one reason which is to cash out the profits,if you are selling after the price went too deep the. i wouldn't call it as dumping which is just selling or could be called as panic selling.And if that tokens are from bounty rewards then nothing to worry if you are getting some value for the token.
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lienfaye
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September 05, 2020, 02:14:35 AM |
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in my opinion dumping is something that is not needed because later you will regret it if the token price goes back up and is stable. Personally, I prefer holding tokens to dumping because of panic selling
It depends on the token. If this particular token is something worth to hold because of the progress and development of the project then keep holding. You might get rewarded for not selling and having patience. However if this token is just a shit one then much better to dump while it has value still, move on and find other coin that is worth to hold even for long time.
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Iyanu14
Member
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Activity: 795
Merit: 10
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September 05, 2020, 06:55:45 AM |
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I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens because The coin is not progressing and I want to buy coins that has more potential.
So what is or are your reason why you are dumping your coin?
If you sell all your bounty tokens rather than dumping, honestly you may regret selling some of them at the end of the day. I have done that recently and I regretted it because projects I thought were dead just woke up and got listed. Just try and peruse those tokens and see if probably there could be some of them with future prospect, still exercise little patience with those ones and sell the rest.
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josgandosbro
Full Member
Offline
Activity: 589
Merit: 101
Axioma Holding - Axioma Pay Crypto Card
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September 05, 2020, 07:38:46 AM |
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I dump coins or tokens I get from the bounty if the project doesn't have much news during development and if it looks like the project is growing very slowly, because projects like that on average will bore the community
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plr
Member
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Activity: 1148
Merit: 24
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September 05, 2020, 10:21:02 AM |
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I'm dumping my coins when it's becoming useless no update, no exchange no volume if I am late in dumping my coin then I be in a loss nobody wants to be a bag holders of dead coins even if it comes from airdrops so if I notice that things is not doing good in a coin I'm holding I will be ready to dump it anytime to cut my loss.
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Yey09
Sr. Member
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Activity: 631
Merit: 250
http://scientificcoin.com/
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September 05, 2020, 10:41:32 AM |
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I always trying to sell anything without dump it. Its pretty easy with my volume, hah
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Barbut
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September 05, 2020, 11:18:25 AM |
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I'm dumping my coins when it's becoming useless no update, no exchange no volume if I am late in dumping my coin then I be in a loss nobody wants to be a bag holders of dead coins even if it comes from airdrops so if I notice that things is not doing good in a coin I'm holding I will be ready to dump it anytime to cut my loss.
When there's no update, no exchange, it's already too late for dumping, you will not have where and you will not have to whom to sell. You do it on time or you end up with worthless coins your wallet. I dump coins when I get the first red flag from the project team, or their community, when I see anything is not on time, when they use their first excuse I dump all I have.
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hrunya102
Member
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Activity: 546
Merit: 11
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September 05, 2020, 11:45:05 AM |
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I'm dumping my coins when Bitcoin starts to move, the most correct option is to go to USDT.
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Banulit
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September 05, 2020, 12:09:16 PM |
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I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens because The coin is not progressing and I want to buy coins that has more potential.
So what is or are your reason why you are dumping your coin?
I would agree to your sentiments and that will I also do, if ever that I have notice that the coin reward from a bounty campaign that I have participated is not growing and not progressing I will definitely sell it and buy some much potential or most probably those well-known altcoin that I will hodl for more reasonable time which I think will give me a better profit.
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bits4books
Sr. Member
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Activity: 854
Merit: 264
Crypto is not a religion but i like it
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September 05, 2020, 12:44:03 PM |
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It all depends on the circumstances. Sometimes it can happen that I urgently need funds - then I can spend some of them to help myself or my loved ones. But usually I still try to keep the bounty waiting for more interesting prices, and in principle I rely on such things as long-term investments. Very rarely when I touch them and even less often I look at the charts - so as not to worry myself and not think about what would be worth selling right now.
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LouVandetta
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September 05, 2020, 01:03:18 PM |
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It depends though, sometimes I just want to dump the coins that I've been hodling for a time to cut loss, or just that I've seen enough profits that's why I want to make an exit point. Sometimes that I see no point in hodling a certain coins for a long time due to their slow development. When there's sign of correction as well. Everyone has their own reasons though.
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AlexAtom
Member
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Activity: 560
Merit: 10
YOUC - www.youengine.io
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September 05, 2020, 03:12:44 PM |
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People usually dump their coins because they already lost faith to the project of the coin. If there is nothing news, no updates, no developments, investors of the coin will have to find other potential coins to compensate their loss. Better sell when it still have value than hold it and become zero value later.
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bayudndy
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September 05, 2020, 04:58:27 PM |
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I never panic sell because the altcoins in my portfolio are the best and top altcoins in this market, in the long term its price will always go up and just be patient, I will get profit from them. For tokens I get from bounty I will sell them all when I get them because the price will always decrease when listed on exchanges.
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Saisher
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September 05, 2020, 05:33:47 PM |
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I dont have any reason to dump my coins. I can say i am in love with holding already because i have a coins from bounty projects two years ago and i am not ready to sell now because i know those projects still have potential and i know what they can do in a year from now
Sometimes you have to stopped believing if it's obvious that there's nothing to believe in anymore, I also have a lot of coins in my wallet and some of them are two or three years old, there's no way to liquidate I'm trying to find a way but no luck, there stuck there I guess permanently I'm over with bounty campaign for now because there's to many scam right now.
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kaseygriffin
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September 05, 2020, 05:35:47 PM |
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I'm dumping my coins when Bitcoin starts to move, the most correct option is to go to USDT.
It is always a safe choice in this market, if bitcoin crashes then it is best to move to USDT to be safe. We can then re-invest and buy back bitcoin or altcoins at a cheaper price
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lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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September 05, 2020, 05:41:12 PM |
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I'm dumping my coins when Bitcoin starts to move, the most correct option is to go to USDT.
It is always a safe choice in this market, if bitcoin crashes then it is best to move to USDT to be safe. We can then re-invest and buy back bitcoin or altcoins at a cheaper price I also sold my bitcoins after watching the stocks loose their value and I am happy after watching the market fall after that now I will be waiting for the better time to come to buy bitcoin again as there are high chances of another incoming dump. A lot of times I sell my holdings because of desperate need for money when I can't arrange money from any other place then I have no other option than to sell my holdings whether my bounty earnings or it can be my investments in the top tier cryptocurrencies.
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TIDOVEE
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September 05, 2020, 07:30:06 PM |
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No one wants to dump/abandon a viable token, your eyes are always on them, you rather feel like investing more into them and promoting it's project. Some token are even abandoned the the team managers themselves and no improvement is forthcoming. But the truth is we cannot but have some like that. Some token are only best at its hour of delivery , and unfortunately, there will still be issue with selling it quick, so only the futunate sellers at the early hours will appreciate it.
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Danslip
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September 05, 2020, 07:38:23 PM |
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I'm dumping my coins when Bitcoin starts to move, the most correct option is to go to USDT.
It is always a safe choice in this market, if bitcoin crashes then it is best to move to USDT to be safe. We can then re-invest and buy back bitcoin or altcoins at a cheaper price This is a great move for beginner investors as it should be converted to usdt when the price of bitcoin is declining rapidly. I have seen many holders adopt this strategy. However, to invest and make a profit, you must always have the best coins. Also sell inactive and unless tokens because you will not get any profit by investing there. This strategy is really the safety and as you said l realize also that most investors prefer this way for saving money. When BTC starts decreasing rapidly, we should convert our coins to USDT and wait for the right time to reinvest in BTC. About unless tokens l think it is wasting time to hold them in our wallets, it would be better to sell them, that is why there is less chance to make money from them in the future.
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Becky666
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September 05, 2020, 07:48:26 PM |
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I'm dumping my coins when Bitcoin starts to move, the most correct option is to go to USDT.
It is always a safe choice in this market, if bitcoin crashes then it is best to move to USDT to be safe. We can then re-invest and buy back bitcoin or altcoins at a cheaper price That's all you need to know whenever bitcoin is dumping. Currently if you're holding some bitcoin and don't want to see them down, kindly switch them into usdt for safety, though this usdt isn't safe per se because of it existence. For those potential tokens, don't be in haste to dump because the market can turn from the negative towards positive. Don't ever dump potential coins, they're more valuable than shitcoins, they has capacity to bring huge profits after the dump might have over.
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ameliana
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September 05, 2020, 08:05:59 PM |
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Anyone would say the same thing about the reason for selling their coin, because it didn't have any further price developments. but on the other hand it is caused by pressing economic needs. this is natural, anyone will do it if they don't have money at all, then sell their options.
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