Post
Topic
Board Altcoin Discussion
Re: When your token goes down hard, are you going to sell it?
by
rricksu
on 07/10/2018, 02:42:18 UTC
I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell.  May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?

Well, I guess when your token's value goes down, try not do a panic selling, you should buy more of that token when its value is low, believe on what you have because sooner or later, its value will bullish. Ethereum coin might have a bad drop, but we know ETHER that it already established its reputation as a good cryptocurrency.