Post
Topic
Board Altcoin Discussion
Re: When your token goes down hard, are you going to sell it?
by
owlman
on 08/10/2018, 10:38:53 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?
So do those people who may panic, do not understand what market they are in, and do not believe in the future of crypto-terms. Of course, you do not need to sell coins when prices fall, as the cryptocurrency market is cyclical and unstable, so there will always be a rise and fall in prices. We need to wait for better time and market recovery.