Be very cautious with your alts this period, you either sell early or hold.

[Natalim]

Actually hold is a good step to take so much profit,

True, that's why it's "HODL" since it's a long term hold hoping in the long run, the project will improve and developed so it will become more valuable.

but we must make sure that we hold the right coins. We don't want to hold coin which doesn't have a bright future. A new altcoin is so scary to hold but it doesn't mean all new coins are scary, if you can find the good one, you are a lucky person because you find the hidden treasure.

We investors always do the best we can to carefully evaluate the coins we are holding that we believe its potential in the long run, however, we can still make mistakes as no matter how we try, we can't guarantee success, that's the reason it's also called a high risk kind of investment.

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[Clement Kaliyar]

We investors always do the best we can to carefully evaluate the coins we are holding that we believe its potential in the long run, however, we can still make mistakes as no matter how we try, we can't guarantee success, that's the reason it's also called a high risk kind of investment.

Majority of the cryptocurrency assets are high risk investment but if you are smart enough to invest when the market is having a major correction and invest in the top established coins with good development team in the market then you will profit when the market recovers, always the entry is important and if you sort that out then the risk is much lower and the reward is much higher than any other financial asset.

[jossiel]

I sell if I'm in profit and there's nothing wrong selling earlier if you're in +%.

And I hold if the coin that I've bought is still bleeding. Yes, there's nothing wrong to sell and hold until you see there's profit. That's the basic strategy that I do if the coin I hold and I believe is still bleeding and I'm in the lose, no problem of holding it.

I only lose if I sell with loss.

This make little sense to me. What matters is what you believe in the future for the project. If you are on plus or minus doesn't really matter.

I would rather say trend is your friend, unfortunately in both ways. Cut bad coins that are going down and find better projects with a bright future. Don't be afraid to cut losses.

I don't buy bad coins and I know what I buy so if I believe in something, I knew that there's in store for it. Thanks for the tip about cutting losses, I do that if necessary but most of the time I don't.

Just like when Ethereum was on the plunge, I did buy it at the cheapest price. I don't just buy random coins in the market because I know that trend is a factor that will quickly change the setting and fate of a project.

[Viscore]

Holding never gives assurance, selling is also an option and a good idea of we are already in profit but of not, you are making yourself out and lose. In that case, holding is the best thing to do because nobody knows if altcoins will be in following the trend where Bitcoin has it now. Have that positive mindset, unless if you are desperate enough and willing to sacrifice but for me, it's a big NO. I did this before and so no changes will take place. Being impatient will lead to nothing but just a losing end.

[meanwords]

Why does it matter when you bought or at what prize?
Either you believe in the future for the coins your holding and then you should keep them, if you don't see a positive future sell them. It doesn't matter if you are on plus or minus, it's all about what you think about the future.

Basing decisions on if you are on plus or minus is the biggest rookie mistake I would say.

It matters if you consider the longevity of the time you are going to hold the coins. Like for example, if you bought $20,000 during 2017 and planned to do a short term trade but suddenly the price got dump, then it'll really impact your decision. At this point, most traders are just in for the potential monetary profit that they will gain for a limited time and they are seeing Bitcoin or altcoin as an option because of their volatility.

[poodle63]

Still, it's not really a reason to expect altcoin rally. I mean if there's any it will be those major altcoins and some of minor altcoins that's gonna be rallying up despite bitcoin dominance increasing. Those major alts like ETH are also eventful and have strong reason for its price rally meanwhile some of altcoins out there are sitting and don't have any effort to anticipate bitcoin crushing their market.
You might buy cheap right now but also be cautious for the price could go down even further.

[Rowenta]

Now is not the time to start selling or dumping altcoins, it's the best time to start buying before it's too late, it's very easy to see that altcoin season is near, bitcoin always takes the lead first and after few weeks of surging the market will take a new turn on altcoins and market will be bullish

[Kong Hey Pakboy]

Now is not the time to start selling or dumping altcoins, it's the best time to start buying before it's too late, it's very easy to see that altcoin season is near, bitcoin always takes the lead first and after few weeks of surging the market will take a new turn on altcoins and market will be bullish

Buying bitcoins and altcoins during the bull run is the best time because grabbing this kind of opportunity while its prices increase can give us a considerable amount of profit, and then we sell them when they have reached their peak. Unlike buying cryptocurrencies in a bear market, it will only profit in a short period due to falling prices.

[Argoo]

Altcoins are already playing a huge role in the cryptocurrency world.  We must focus on promising projects with a good working product, then in any state of the cryptocurrency market we will feel confident.  Bitcoin still has a price dominance for other cryptocurrencies, but its price growth is not always accompanied by a fall in the price of altcoins.  I invest more in ethereum and now I am generally satisfied with its price growth.

[dr.cheema]

Mostly newbie sell their token/coin when they see market going down and actually big whales playing with holders they control the price by sell their little amount of tokens but If we talk about BTC so when BTC start going up so people sell their tokens and buy BTC, they are in loss in reality we should not panic because real projects will go up when BTC price stop hyping as you said.

[ethereumhunter]

Mostly newbie sell their token/coin when they see market going down and actually big whales playing with holders they control the price by sell their little amount of tokens but If we talk about BTC so when BTC start going up so people sell their tokens and buy BTC, they are in loss in reality we should not panic because real projects will go up when BTC price stop hyping as you said.

They are panic and worry if the price is going down too deep without having a chance to increase again. They don't know what will happen with that token/coin, but if they have the potential coin, I think they will not sell even if the price down lower than the price they bought. They will still hold the coin/token and buy more because they think it is their chance to increase the token/coin amount.

[kpierce77]

Some newbies sometimes panic easily because they hear news that is not even clear where it comes from. ofcourse there can be 2 types of early sell depending on the project. If it's potential, early sell will be very detrimental and if it's just a pump project, I think maybe it's the right decision. We have to be smart in assessing the project situation

[Rebisco]

Some newbies sometimes panic easily because they hear news that is not even clear where it comes from. ofcourse there can be 2 types of early sell depending on the project. If it's potential, early sell will be very detrimental and if it's just a pump project, I think maybe it's the right decision. We have to be smart in assessing the project situation

For me it is about analyzing the chart of a certain altcoin in order to know when to hold or when to sell, right now the bitcoin dominance is continuing to increase so it only means that there are many investors who are cashing out wherein they are transferring their money into bitcoin. If you are an altcoin trader, it is better if you will lessen your allocation and focus on altcoins that have high market capitalization. There are a lot of low market capitalization altcoins that are continuing to dump and for me it is the reason why we should avoid shitcoins nowadays.

[Teraboy]

It's time to start buying altcoins for alt season sake, with the current bitcoin surge altcoin season will be triggered one way or the other, it's better to buy both top altcoins and under top 100 coins because all altcoins will benefit, start buying and HODL

Do you see altcoin triggered right now? i don't even see that is happening with altcoin right now. It doesn't mean when bitcoin gets a pump and altcoin will be dumped.
I hereby say that is not true at all. Sometimes there's a condition when altcoin can still surge along with the bullish trend that's happening with bitcoin. These all depend on the hype and sentiment in the market.

[JRoa]

It's time to start buying altcoins for alt season sake, with the current bitcoin surge altcoin season will be triggered one way or the other, it's better to buy both top altcoins and under top 100 coins because all altcoins will benefit, start buying and HODL

Do you see altcoin triggered right now? i don't even see that is happening with altcoin right now. It doesn't mean when bitcoin gets a pump and altcoin will be dumped.
I hereby say that is not true at all. Sometimes there's a condition when altcoin can still surge along with the bullish trend that's happening with bitcoin. These all depend on the hype and sentiment in the market.

It is all about sentiment of the market, like right now where bitcoin is the current crypto that is trending wherein it keep making highs. Look at the movement of the altcoins right now, it seems that most of it are stable but the good thing is there are now few altcoins that are making good moves after the price surge of the bitcoin. For me it is now the best time to get position in altcoins that are worth like BCH and LTC.

[ropyu1978]

Some newbies sometimes panic easily because they hear news that is not even clear where it comes from. ofcourse there can be 2 types of early sell depending on the project. If it's potential, early sell will be very detrimental and if it's just a pump project, I think maybe it's the right decision. We have to be smart in assessing the project situation

Hearing those FUDs are really their weaknesses and then decided to sell their altcoins a soonest as possible. These people are no longer to survive in crypto if they often turn into a negative mindset.
I'm not going to say it was wrong about selling it today or just hold. The most important before making the final decision is to think wise and to be sure that there are no regrets after. People got this wrong and blame others or even themselves. And it is important to know the reason why having such a decision.

They do not know and less experience in cryptocurrency so its easy for panic selling assets when price is dumping, I think is not negative mindset from investor just have less experience with investing in cryptocurrency because they look easy for influence from to other to sell assets without hold, its happen when buying some coin on the top price because looks influence from the other investor to buy coin and they will sell after down and faced panic moment. After faced two time like this they will realize and know have make mistake and teach them how to be profitable in trading.

[Novatech8]

Don't completely believe that altcoin season will begin soon, it's better to hold some altcoins just in case but I prefer taking my profits no matter what, you need to be extremely careful from now on as nothing is 100% sure in crypto space, buy altcoins you like and hold but don't hesitate in profit taking

[Bosx1ne]

Some newbies sometimes panic easily because they hear news that is not even clear where it comes from. ofcourse there can be 2 types of early sell depending on the project. If it's potential, early sell will be very detrimental and if it's just a pump project, I think maybe it's the right decision. We have to be smart in assessing the project situation

Hearing those FUDs are really their weaknesses and then decided to sell their altcoins a soonest as possible. These people are no longer to survive in crypto if they often turn into a negative mindset.
I'm not going to say it was wrong about selling it today or just hold. The most important before making the final decision is to think wise and to be sure that there are no regrets after. People got this wrong and blame others or even themselves. And it is important to know the reason why having such a decision.

I think it is better if we will not listen or follow the tips or the rumors because some of them can even lead us to make bad decision that can result to incur losses, if we have plan then we can handle different unexpected situations. I have altcoins these days but I have plan incase there is a dump that may happen, a lot of people are easily get panicked because they do not have plan wherein they just executing without preparation and it is the reason why they keep losing in every trade.

[Doranile432]

Now is the best time to hold some altcoins, don't go around dumping good altcoins for little profits, the real profits is yet to come, do good research on new projects and hold them if they are good enough, you can start trading since bitcoin is bullish too, trading is more profitable in bullish time

[mersal]

The bounce you are talking about lasts long only for a very short time and that's something which we realized from the last bullish season but it may not happen completely since many things have changed from the past. If you are holding a coin after realizing that it is not a shit coin then no need to worry about the trends, at some point it will make its own trend.