Hey All,
This is my first time investing in an ICO and im having trouble deciding on whether to sell or HODL. I only placed $35 on DTR as I have no money! and with the in 20 fold increase I cant decide if holding until 0.8/1 is unrealistic or greedy?
I know theres been some calculations made on here but theyre purely speculation, surely a 2000% return is enough and with the recent drop from 0.23 to 0.2/0.195 im unsure on if this growth will continue? Also, if some of the tokens arent claimed yet what long term effect will it have when they eventually are and theyre sold, would that not drive down the price?
Because im not a seasoned investor! this whole thing is making me very nervous and im checking the worth almost 10 times a day! what advice do you all have?
Checking 10 times per day is definitely not a good idea. Asking if you should hodl or sell is also not a right question. You have seen the calculations, you can read the whitepaper and do your own research. The point is that you decide it for yourself. Do your research, set your target (when will you sell) and follow the strategy. The price movement shouldn't worry you if you have the target and time frame.
My personal opinion is to hodl. Nothing is out yet. Not even beta. The token hasn't been used yet at all. But, as I said, you have to decide on your own.
Think of it this way. If you're in for the long term (3 years or more), then just forget about it and stop checking it doesn't matter until it's 2021...
If you're in for short/mid term, then ask your self if you can do another 20x same amount or similar?
Just FYI: I sold 300k (out of 350k total) of DTR at 1400 satoshis on livecoin and I will never look back, I made insane profits and that money is already making more profits in a different investment
Think for your self, DYOR.