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Author Topic: I'm dumping my coins because..  (Read 8232 times)
amonymous
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September 05, 2020, 08:29:52 PM
 #241

At this time nothing chance because the Ethereum fees very high. I never accept fake project for investing in long time so if i received some profits then i wanna excited for sold. So of course I want hold long time but it was good thinking in top currency not deaths coins. We should analysis those coin roadmap then we'll take a decision for sold or hold.
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Smitty Werben Man Jensen
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September 05, 2020, 08:51:21 PM
 #242

easy to say, is bounty hunters and investors also need money to live, then we sell coins in the market,
if the project is bad, then the price will dump, if demand is more, I'm sure the price will still be fine

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September 06, 2020, 02:34:27 AM
 #243

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.

It's also one of my options if I really need the money and there's no way to get it but to sell some of my coins I have no choice but to dump it I have done this so many times in the past, I just make it a point, not to look back to the coin, it's priced in the market and development, I will just feel sorry if the price pumps out and it turns out to be a good coin.

BACK FROM A LONG VACATION
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September 10, 2020, 08:24:31 PM
 #244

Mostly of my  coins are failed to become successful. Because the project end up in scam. That's why the coins I got from the different boutnty has failed to be success, this is some reason of coins dumping.
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September 11, 2020, 09:02:43 AM
 #245

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.  
yes, it really depends on the circumstances. many conditions that make us sell assets or coins that we have, such as cut lose or other things. Most of the time, people dump their coins because the development of them is not what they think.

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September 11, 2020, 01:33:36 PM
 #246

People have their own reason about why they sold their coin. Personally, i will sell my coin if the price of my coin fall more than 30% from buying price. This is to cut the loss so i can buy other coins with better project. But if you can afford to hold it for looong time, there is no reason for selling just because the price fall. If the project is good, then holding is the best if you can.

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September 11, 2020, 03:52:15 PM
 #247

I only dumped my coin if I feel that the project has no future, their developer team hasn't updated anything for a long time, doesn't have many active members in their social channel.
Getting coins that are dead or have no selling value in the market is a risk for bounty hunters, because most new projects always end in disappointment. I have felt the same disappointment, every coin I get from the project always ends in disappointment, and I was forced to throw it away., because there is nothing I can expect from the coins that have been left by the development team.

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September 11, 2020, 05:15:37 PM
 #248

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.  
yes, it really depends on the circumstances. many conditions that make us sell assets or coins that we have, such as cut lose or other things. Most of the time, people dump their coins because the development of them is not what they think.

It's very important to keep your supporters being updated every time.

Once the team failed to bring the expectations of their communities expect that dump will happen.
It's advisable to keep the community aware to any movements that the team's planing to the development
of the project to have a better relationship and build a much stronger support.

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September 15, 2020, 12:06:20 PM
 #249

I'm dumping my coins because they the price immediately falls down. If I'm believe in the project, I can then buy them cheaper.

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September 15, 2020, 12:26:33 PM
 #250

i saw some holder sell or dumped their token due project developers inactive send MVP to their community, feel disappointed be main reason why they dump. beside MVP usually they feel unpatience when dev team didnt bring their token listing in tier 1 exchanges especially binance.

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September 15, 2020, 01:11:50 PM
 #251

Im dumping my coins because theres no movement with that coin some of them i got from bounty campaign so im no problem to sell it
And always theres no future with that coin, the price suddenly falls down beyond my expected
Im prefer to sell it when it still have a value or price so i can buy other coin to trading it or save it until the target price achieved
That more safer then i holding it till theres no price to that coin

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September 15, 2020, 01:27:36 PM
 #252

The reason I throw away coins is that I need money for other purposes and think the coins I hold are not progressing in the future.
That's right, a coin with no users, no updated source code is just trash. The past has seen many such cryptocurrencies, and history has removed them from their exchange.
You are right to act. We invest in the future but our cryptocurrencies are substandard, so we should put them aside.

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September 15, 2020, 01:47:02 PM
 #253

The reason I throw away coins is that I need money for other purposes and think the coins I hold are not progressing in the future.
That's right, a coin with no users, no updated source code is just trash. The past has seen many such cryptocurrencies, and history has removed them from their exchange.
You are right to act. We invest in the future but our cryptocurrencies are substandard, so we should put them aside.
it's like investing in the wrong project. Sometimes we see a project that looks good and we are interested in investing but it doesn't pay off for a long time. some new projects are only suitable for a short period. it gave me to experience not to invest in new coins in the market in the long run.









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September 15, 2020, 02:38:34 PM
 #254

the main reason I sold my coins was because I wasn't sure about the project and it probably won't last long, which is why I didn't hold it.
However, from several projects that I have promoted, some have not even released the market until now, even though Ieo's fundraising has been achieved, I don't know the exact reason if it is released on the coin market like the project I will immediately sell.
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September 15, 2020, 02:56:14 PM
 #255

Not to be too overly simplistic but you dump your coin for a couple different reasons:

-You need to cash out into fiat
-You think the coin and/or market is going down
-You feel there is another coin with a greater chance of financial gain.


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max6575
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September 15, 2020, 02:59:19 PM
 #256

as blockchain system is available with the token (from bounty) the use gives of different option as holder to work on customs as following the running progressive as applying use of strategy as qualifying market on short or extensive.
decision of dumping comes as relative on difference gives the better as token sold with less price and then to put on different business of the returns with the exchange.

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September 15, 2020, 03:08:07 PM
 #257

There are coins worth dumping and there are coins that worth holding this is the reality of the market some coins cannot keep up developing their project and abandon it like your reason it's better to dump and buy other coins worth including to your portfolio than late in dumping it.


This is a valid response there. If the project team just distribute a coin to bounty hunters and they are not doing any further progress, why then do someone prefer to hodl that coin? Or expecting a surprise to happen? Nope, no such thing.
Project team have to fight to gain the confidence of hodlers before you see more buyers and volume, trade grows .

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September 15, 2020, 03:08:18 PM
 #258

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 am holding even most of the bounty campaigns coins because i believe to support each project for longterm and i confess that some such coins are not even listed and some have been de-listed with no value at all so it is your own choice.

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September 15, 2020, 03:08:23 PM
 #259

I'm dumping my coins because they the price immediately falls down. If I'm believe in the project, I can then buy them cheaper.
That's something that has often been done by all traders in crypto, especially if you can be sure to be able to buy it at a cheaper price, you will automatically benefit from the sales you make.
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September 15, 2020, 03:47:43 PM
 #260

There is no other reason to throw a alt coin besides we can sell it even though it is at a very cheap price, but of course we have to make a sure if indeed the coin we throw away really doesn't develop at all, so in the end we don't regret it if the coin we throw away suddenly has price or value in the market, I think we have to be selective in choosing which alt coins we will make as an investment asset in the future because if not, of course we will only find alt coins that have no future at all.

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