Topic: Exchange it or Hold it - page 81. (Read 8808 times)

These days you can no longer get any good airdrops. Most of them are priceless while some are only around less than 5$ per received airdrop which is impractical to send in exchanges. About holding or being traded soon depends on your perception of the project but usually its better to trade it right away cause several dumpers will surely flip their tokens

I can't give a definite answer. There are several strategies to earn money on cryptocurrency. In my opinion, the most effective is to transfer all your altcoins to Ethereum and wait for the growth of Ethereum. Although Ethereum will not rise sharply in price and some altcoins can fly to the moon.

in my opinion, I think that for free airdrops it is better to hold them for a while, at least regarding legit projects. Most people sell them instantly after exchange listing for any price they can get, so you won't earn any real money. If the project is solid and have a real develpment, those free coins could get real value.

experience I've ever experienced if it gets a free token from airdrop better sell it immediately if it has a good price rather than holding it for long even weakened no changes whatsoever

Most airdrop now don't even have value anymore, but if you are lucky to get go amount, I would advice to sell it

I think we hold the current market condition is also good that we need in the long run, because now the market price is also still not good, so for us better we hold by waiting for a good price increase in the future.

What I will do with token gotten from airdrops depends on how potential it is. If it is a good one that the price will rise fast, I can decide to hold it till its value appreciate more but if I do not really have trust in it, I will exchange it immediately.

If I had free coins from airdrops, I’d moat definitely excahnge it and buy another potential coin. Or maybe keep it as bitcoin and hold them together with some of my coins with my savings in it. And that is if I dont need the money right away too.

Usually i sell it when i get the token. because i can't wait for a long time until the price goes up

Everything depends on the project, it's better to work by the scheme: 80% to sell, the rest is hold. But once again, everything depends on the project, if there was a big demand for tokens, then keep it!

support! an excellent detailed response and the procedure for taking any decision! only after analyzing everything you can draw conclusions - keep coins or sell...

It depends on many factors. Sometimes, it is better to sell the coins immediately. But there are projects which can become much more expensive in a few years. You should be able to analyze the project as a whole if it worths to hodl or not.

Wide check below before deciding on holding the coin.

1, The token website.. To ascertain the validity of the project.

2, The Management team.. Do they have vast knowledge on the project and Blockchain? Check the various profiles of individual member of the project on Facebook and LinkedIn to verify their names and experience gained.

3,Their Advisor.. Do they have vast knowledge /experience on the project and blockchain technology?

4, The Tech. Consider the Technology that is being developed, does it make sense? Will it be a disruptive technology? What's the value proposition? What problem will that technology solve?

5, Their partners or Affiliate..  Do they have solid foundation, are they well known? What impact do they have? Check their company's name, their portfolio to verify.

6, Study their white paper.

7, Check if the project has a working prototype
.
8, Check their Roadmap to know if they are consistent on their promises, have they delivered Alpha Version? When is Beta version coming up? Though certain changes may occur on the process due to unforseen either upward and downward movement of the capital market.

9, What Market are they targeting? Will the project trade across US, Asia and Europe? Etc.

10,Check the token on Github. https://Github.com

11, Do your SWOT analysis and follow the token on

i, Bitcointalk
ii, Telegram
iii, Reddit
iv, Twitter
vi, Facebook
vii, Channel
viii, YouTube
E.T.C

If I think you should do research on the project you will be following when deciding whether you should hold or exchange it immediately by looking at its high or low coin market prices.

To be secured your earnings it is much better to hodl for it until it has a good signal to exchange coin for a higher volume. If you try to look in the market it was already at lower rate so be patience for now until it regulates higher prices.

 Better to hold now because you will lost a lot of your money, look at the market the price of any coin are so down and it's a big percent that you can lose, but if you think that the price was enough for you then sell it specially if it's just an airdrop. Better to have than nothing.

Holding is the best option for altcoins, because the market is down, If your coin are more stable in crypto market So you can exchange it. 

  There is no need to hold airdrops if there is a good price then sell it right away because  airdrops tokens are mostly a scam, you are lucky enough if you're token had value, sometimes you are tempted to hold but in the end, it's dropping.

I don't believe anything tangible could come from airdrop that isn't airdropped from a real project, if the project is basically airdrop, i am going to sell immediately i receive if it has good price at least.

While the market is on dump it is much better to hodl for a long term investment ,I believe this trend will end and it will back in normal. Actually, why we are here is to get opportunities and having a good profits due to its fluctuation.