Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bdsharminsoltana on October 05, 2018, 10:14:56 PM
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I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
So tell me, why are you selling your altscoins so soon?
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Actually, it depends on the goals of someone. Personally, I don't think to sell all my altcoins to buy bitcoins. Altcoins can make more profits and the prices are easy to go up, while bitcoin seems more stable. It makes quite hard waiting for its rising price. For all traders, I suggest to not sell your altcoins too early.
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as for me, I sell my alt-coins only after that, when there is good growth, and I sell it very profitably, until this moment comes. I keep coins in my wallet, and I try to buy more coins in order to make more money, today I found a very promising project @ swachhcoin. The project will pay people for their trash. At the moment there is a bonus of 12.5%, you can buy coins by the end of October. I advise you to see the project.
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We all have our own goals, boundaries and plans. Some people can not afford to lose everything. It all depends on why you invested, where you invested and how much. Although it is almost certain that the market will see the up trend soon, unfortunately, this is not so certain for all altcoins.
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I agree with @I-Bit. Don not spend all altcoins for buying bitcoin. Bitcoin is a good investment and the price quite stable but altcoins have more potential chance to gain higher profits. I have experienced in trading bitcoin and altcoins, both are good and profitable. However, when I analyze all profits I got from selling those coins, altcoins gave higher profits than bitcoin.
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as far as i know i never do that and not sure what you mean by soon . i hold them and yea sometime i sell that and now the price 4x
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I don't really pay attention to Bitcoin like your story. So I sell Altcoin because I want to get the maximum profit from trading in Altcoin. I am not so rushed in selling Altcoin. So when the coin goes up, I have to sell it at a high price.
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personally, I will sell the coins that I have when the market price is stable and suitable. I will not hold it for a long time because I am afraid that it will take even longer for crypto prices to rise again. we must be smart to manage our crypto assets well.
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people sell their altcoins there must be some reason, maybe they need money or maybe they just panic and immediately sell the coins before the price will go down, I won't sell my coins at a low price, so I'll keep holding
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I think we are selling the altcoin because we see the price can increase and pass the price we bought so we can get the profit. But I think there is another reason for another people. Sometimes, people selling their altcoin because they need money to lives and not all people using free money to trading because I know some of my friends use the money which they need to buy their daily life. I was already told this to them but they still do the same and I cannot push them.
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I will sell altcoin when I can get a lot of profit, if I have not gotten a profit then I will keep my assets because I will not sell at a cheap price.
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sometimes we want to hold a coin to get more profits on the other hand the need to force us to sell it
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You will not actually blame anyone for selling, it's been a difficult year for ICO loses and scam or pump and dump coins everywhere ,I believed that's why they are selling.
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It depend on the quality of altcoins because some of them may not last in the exchanges or their value may not go up again for long time after they listed. The value of a newly listed coin usually go down temporarily but if it have a potential then it will bounce back soon. I'm still holding some of the coins that I recieved from the bounties because they are solid coins and I believe that their price may go up soon.
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I'm not selling, but I wish I checked the ma50 and ma144 before, so I would have sold my bitcoins at 11k, ether at 800 dollars etc. and buy more when they're so much lower.
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Not all altcoins have the bright future. So many alts/ico tokens don't have good prospects.
1. Some are failed projects
2. Some are scam project
3. Ico owner and team developers dump the tokens they hold to get rich, then just leave the project
4. Some of ico do not have a good community, do not have many supporters
5. etc
On my own opinion, we can choose which ones must be hold, which ones must be sell to increase our asset
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Selling so soon maybe because they are not really sure about the potential of the altcoins. Not all altcoins are good to keep for a long term, some of them are better to sell immediately and change to other coins. However, I don't think bitcoin is a the best option if they want to get much profits. Just get other altcoins with higher chance to get profits, for example: XLM, ADA, ETH, etc.
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I only sell my altcoin if i think they already dont have any development and their dev really not making any development anymore. but as long as they stick with the plan, i dont care if their price is down or not. cause i always research first before decided to invest in altcoin and I hope you are too ^^
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I never thought of selling altcoins, I preferred to copy it and I was sure that someday the Altcoin would penetrate an expensive price
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well most people are selling because they are unsure that the market would get better.You ever being in that state where you feel all you've worked for is just going waste? most people think so and because of that they think they are better off getting something now than loosing it all. But we ought to know,things will get better sooner than we may think.
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We should accept the fact that some of the investors are contented to a small earnings that they just join a certain ICO becuase of the huge bonuses. Just imagine some ICO will offer as much as 50% to the early birds that after they unlock the token and become Altcoins then the the investors have already earned more than enough from the ICO price. Therefore the simple reason of early selling is to ensure the earnings no matter how small it is.
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Yeah, But I think it's depend on them. Some people are after only in just small bucks while others are holding their altcoin because they believed and trust it that it will going to do more than of that.
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Many have their reasons of selling but mostly its because of the market quo. Lot of people wouldnt wañt to loose the value of their coins before its too late. But we all should endure and hold because better days are coming and you will regret been haste in selling now
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Selling altcoins soon is not the best. It is better you hold the coins you have for a specific time before selling because selling soon makes you lose the profit you might get if you hold it for a while.
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It depends on individuals target really, the person probably needs to cash out badly. Just let them do their thing and focus on your own strategies
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for my part, i can sell the cash that i have whilst the marketplace charge is stable and suitable. i can no longer hold it for a long term due to the fact i am afraid that it take even longer for crypto prices to upward push once more. we must be smart to manipulate our crypto well.
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I think there is no benefit when we are panic and drive to sell our coins for soon. In exception when we really and really need the money in cash at that time. But, along with the other reasons, I think that we must be more patient in facing this market situation.
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Normally I rarely sell my altcoin at very low prices. However a lot of altcoin will now become garbage when you can not track the activities of the #DevelopmentTeam . And when you sell altcoin to btc or the top 10 altcoin to hold, it's a safer option when you join the market. Or if you can track altcoin projects then you can make quicker and bigger profits than BTC.
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Every person who sells their altcoins must have their own reasons, something is done because they have their own assessment of the altcoins they hold or are forced to do. but if I am personal, I will not rush to sell altcoins if the price is still low, unless if the price is high and the coins are worth selling, then I will sell the altcoin that I hold.
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Usually, people wants to sell the altcoins so soon to buy other coins or to get fiats at the time. It sometimes a good decision to sell the altcoins so soon since not all coins are good to hold for long term. So, If you think it is the best time to sell the altcoins, It is okay to sell them.
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Some altcoin holders really know that altcoin has a great future. Because of its amazing growth, but we are on a different situation with a different needs in life for survival. Maybe some are selling there altcoin so soon or maybe on this dip even if the price is so cheap because they are maybe in need.
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I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
So tell me, why are you selling your altscoins so soon?
If I think I already get benefits, I will sell my altcoins. I think It is normal. It is Trading for crypto currency.
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I sold altcoins because I saw the price increase that exceeded the price I bought so I could make a profit. But I think there is another reason for others. Sometimes, people sell their altcoins because they need money to live and not everyone uses free money to trade because I know some of my friends use the money they need to buy their daily lives. I have been told this to them but they still do the same thing and I can't push them.