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Author Topic: I'm dumping my coins because..  (Read 8230 times)
fia_naila
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November 24, 2020, 01:36:28 PM
 #421

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?

Me too i always hold my coin either i got it from bounty or i invested my hard working money. But when i saw some project is not on the line ( not going as good as road map ) i will dump my coin, some timea i lost money on my investment, sometimes i got 100x. It is ok to not believe the project which not has any progress. But aometimes you just need the dev a time to figure how the project will go.

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November 24, 2020, 02:06:08 PM
 #422

Well same as yours I also dump my coins if there is no progressing so there is chance that the project will fail or maybe turn to scam, I don't want to hold a coin for nothing.
Yes, I usually do some research beforehand whether the coin is worth keeping, if I see that this is the last chance before the coin is worthless, I will immediately sell it

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November 24, 2020, 02:27:39 PM
 #423

Well same as yours I also dump my coins if there is no progressing so there is chance that the project will fail or maybe turn to scam, I don't want to hold a coin for nothing.
the question is why you can have coins like that? from airdrop or bounty? if you get a lot of tokens or coins from airdrop and bounty and it doesn't work in your favor, it looks like you should be more careful in choosing projects. even those who already have value in the market can also disappear from the market when there is no more development.
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November 24, 2020, 02:29:00 PM
 #424

My situation is similar , sometimes the reason i dump my coin is to invest in some token that has more potential ,   but sometimes is not, i sell just for money, the real money.
I regret not having sold a few kinds of coins, but keeping them in my wallet, now they just real number to me.
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November 24, 2020, 05:25:04 PM
 #425

Dumping and Hodl must time are difficult decisions to make. I remembered Hodl a coin and it depreciated badly. I also remembered a coin i dumped that later appreciated. The best thing is for you to follow your mind and look at the team and their plans before Dumping or Hodl a token/coin.
This days, what i do is to sell some and keep the rest in case the  price increases. I have so many token/coin that i should have sold then but i did not and they shit in my wallet now.
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November 24, 2020, 05:37:29 PM
 #426

coin dumping is one of the actions that is not wise,
I say that because I see something that is detrimental to people, especially if you join the bounty,
you should be able to hold until the demand is met.

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November 24, 2020, 09:33:01 PM
 #427

I often throw away token that I get from the Bounty .  usually token bounty if we hold it for longer will lose the selling value as I have experienced in several previous Bounty project.  However, there are several project that have good development so that they are able to increase the price of token such as Jarvis exchange and Swissborg.  I often shift proceeds from Bounty to ETH for long-term investment.
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November 25, 2020, 03:38:23 AM
 #428

Many hunters are dumping their coins because the coin look devalue to them now, not knowing that with time that coin can bring Change one day or some day to them. I am still holding some tokens in my wallet which i know it very well, that will time it will surely be useful in future. many people think market is everyday Christmas, were you will smile today and still smile tomorrow which is not like that with some coins it either pump today and dump tomorrow. Many bounty hunter don't know how to be patient with that coins, they got from their bounty campaign, that the coin is dumping today doesn't mean it will dump forever.

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November 25, 2020, 03:53:21 AM
 #429



So what is or are your reason why you are dumping your coin?
I dumped some coins before because i lost my faith and believe on those project as many of their promises never come to reality .
Meaning they are obvious scam or they are just stupid Team that has no deep knowledge in what they are entering.

Lucky that so far i never doubt in regards to my actions because at least i don't have to  check the coins some times to find if there is progress but as always failure is what  i got.
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November 25, 2020, 05:36:03 AM
 #430

Listen,,, do not worry about what people think of you. Everybody in token projects and bounty dumps. Founders and devs dump,,, bounty hunters dump,,, early investors dump. They all play the game so if you play it no need to feel bad.

But perhaps one day consider to leave that game and think of the future of the market and stick to projects you love, and support, and want to keep using and hodling.Smiley

If I dump therefore,,, it is because I do not love support or want to use it!

Yes, you have the right and all the authority to do what you want for your gained coin. If a coin has a really good potential, dumping what you've earned will not affect the project. After all, you have done your part and in return you have to enjoy the fruit of your labor.

But on the other side, if you believe that a project has really good potential and promising why choose to dump?. Just be wise on your decision, you can take it all or just take part of it. The thing here is, you should not care what people think on what you do with your coin. If you think there is better coin, the why not have it. Its all yours.
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November 25, 2020, 06:50:02 AM
 #431

This is like I did some time ago, I sold a lot of altcoins just to invest in ethereum and my decision was very correct because it was only a few weeks since I invested, I have made a lot of profit. Grin

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December 12, 2020, 09:16:52 PM
 #432

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?
Sometimes it's better to dump a token when you see that there are not much progress going on in the project , before you end up holding shitcoins in your wallet, I also do that too but most times it's because I need the money urgently, i will just sell a part of my tokens maybe 80% and hold the remaining 20%,you never can  tell when any of those bounty tokens will moon, so it's good not to sell all your tokens immediately it gets to the market, although everyone dumps most bounty hunters do not hesitate to sell their token once it's on any exchange.

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December 12, 2020, 10:07:59 PM
 #433

if I think the surrounding coins can be sold then I will throw them away, I will not hold it because I want to get paid immediately.  what I hold is usually a token that has no value, I will hold it until there is value.  your statement about throwing coins and buying better coins is very true.

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December 13, 2020, 07:17:28 AM
 #434

everyone certainly has the same thoughts as you, selling because there is no progress or want to buy another token. but during a pandemic like now the strongest reason to sell immediately is because you don't have enough money to survive

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December 13, 2020, 11:21:27 AM
 #435

Your problem I think is also practical because if your coins have the potential to grow in the long term then you should sell half and keep half, but if the developer doesn't have a strategy to develop them it's the best. we cannot hold a few coins that are not good it becomes garbage. I used to as you too.
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December 13, 2020, 11:53:01 AM
 #436

everyone certainly has the same thoughts as you, selling because there is no progress or want to buy another token. but during a pandemic like now the strongest reason to sell immediately is because you don't have enough money to survive
One of the real reasons people hold onto the coins they own is when they feel that the coins they hold still have the potential to grow. in addition, some people are forced to sell their assets out of necessity. however, if there is a significant drop, it is certain that people are aware that there is not a good development of the token.

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December 13, 2020, 11:58:00 AM
 #437

Waiting for the coin that you have is good because that is the process on how you make a profit it test your patience and most of the people who have a lot of patience gets more profit. But you must know if the coin that you holding is potential or not because if it's not potential it's better for you to sell it and not hold anymore because it will lost both of your time and of course your money because it is possible for you to lose it because it is prone to dump.
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December 13, 2020, 01:51:26 PM
 #438

Holding does not mean you will get profit for sure in the long-term. I also hold many bounty coins in hope of good profit but 90% of the bounty coins have now worth just some pennies it really hurts. I would say always set the target when you achieve it sell it and if you feel you can buy more potential coins after selling your coins one can do this. Some people dump because they need money to meet their expenditure. I feel you made the right choice of selling it.

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December 13, 2020, 02:15:46 PM
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 #439

You are an investor. You find price jump, you can sell but holding for this time may lose your profits if it is shitcoins. Profits is main factor if you sell right time. Waiting after sell, sometimes can give you chance to buy again. Buy in low price will again give you chance to bring more profits. Dump isn't factor if you take right decision.
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December 13, 2020, 03:02:26 PM
 #440

If the value is getting lost every day I will put it in the right place. Now, this is where an understanding of the accuracy in the pattern of choosing coins and tokens will be born as an initial identification so that it will be valuable and become a good investment.

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