Post
Topic
Board Altcoin Discussion
Re: Do not sell your crypto!
by
uletkluget
on 29/03/2018, 11:02:34 UTC
As I have seen this already too many times since past few years, I believe it would be beneficial to share my experience with crypto markets. Do not sell your coins/tokens when the market is dropping, it's just a pure speculation and perhaps market manipulation from whales who only target to earn on whatever the price moves they can achieve. If you're reasonable, sell when market is high and buyer/hold when market is bleeding. I hope this helps you to decide  Wink

When I entered the crypto markets very first time in November last year, markets were super red hot and I knew the crash was coming soon. I invested a total of around $12000 and when markets started crashing continuously, it was time for me to take the profits and get out. Even in that dropping market, I made a net profit of ~$65000 after dumping every single bit of various coins I had. If I had hunkered down like most of you dimwits have done, I would be holding a bowl of dust and nothing. All of those coins I dumped are far below the price points where I had bought them initially. So this completely tears apart the hodling theory those most of retards keep shouting and keep propagating.

Now about the market rebounds -I can see most of you are just desperate for it and keep predicting a rebound is around the corner, makes me laugh. Again your ignorance of Economics 101 and naivety is palpable. These coins have no associated products and mass level commercial adaptations, hence there's no way for the crypto markets to stage a rebound to the level we saw in December which was nothing but pure speculative money pouring into crypto markets. Now most of that money is burned out, people are sitting in deep red with no fresh money available for speculative investment. By end of 2018 most coins will be dead, only the top tier will survive with modest market caps.