Post
Topic
Board Altcoin Discussion
Re: Why are you selling your altcoins so soon?
by
jdamayo28
on 21/07/2018, 05:52:12 UTC
There is a positive correlation between the Altcoin, and Bitcoin price movement directions. When there is a Bull market, nobody sells Altcoins, because their prices grow greatly, but in a bearmarket, the exact opposite happens.
I didn't. What about the sale of the purchase. I think if there were no panicking people, the market would move very slowly, and being a whale would be a useless occupation. There are billions of people in the world, and millions think differently and behave differently. That's why the market is changing so fast. And in the foreign exchange market, everything is calm, because somehow you can affect it by having huge amounts in the accounts.

I also took the decision not to sell anything. In my opinion, it is better to wait for longer than to lose very fast. Try to find another source of an income, and become a hodler: this is the right position now.

Because I see no reason to sell it now, the market still struggle and its not ideal for me to sell this moment. And I could wait more, until time comes market rises again.