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Topic: How do you make your HODL or dump decisions? - page 11. (Read 1889 times)

hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I haven’t heard of the SUBX token before, so I guess it’s a new coin? Anyways, this happens, when a new project launches there are always some early investors that are going to dump the bag to cause the market to fall. That’s what they are only good at, they go around searching for new projects that has the potential to grow, and when they do find them, they invest huge amounts earlier, and once the project kicks off they will dump the bags.

This tends to discourage other investors as well who might end up leaving the project, and it also affects the team as well. So it is very bad, but  you can’t stop manipulation in crypto market, since it is not like stock market.

This is the reason why a lot of people tend to go for old coins than the new ones because they are more stable. With that said, I think if you look at the project and the team are working hard, then you might just stay. But I don’t think the price will go up immediately, it might take time for them to catch up and start growing again. Then you can sell when it goes up.
sr. member
Activity: 910
Merit: 253
I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.

I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.

But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?

Some words of advice would be really good. Thanks.

The issue with asking this kind of question is that you are most likely going to receive answers from people who don't even know 1% of what you know about the project. Generally, I can tell you that many teams promised utility to soon come and so on. The whale guys who left could be another trick by the team. Often times it is the team itself that pretends to have sold tokens to whales at special prices, then dumps on retail investors and then tells the retail investors some mysterious story about whales having lost patience and what not. It is no easy decision, but I guess you know better than most of us what state the project is in right now.
sr. member
Activity: 1610
Merit: 264
I am not familiar with that coin, but since you are hodling it I would advise you to keep on the eye of the price.
There are common cases of pump and dump schemes here in crypto making what you hodl useless in the end.
Don't hodl on the moment you feel massive dumps coming in already.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
Is it this token? (https://www.coingecko.com/en/coins/startup-boost-token)
If this is the token that you're holding and you've got a bad of it. I advise you to dump it as soon as possible. The trading volume is not impressive at all and you're likely to get stuck with this coin if you've chosen to hold it for a longer time. How much did you invest on it?
You've probably made a wrong choice buying a bag of it.
newbie
Activity: 15
Merit: 1
I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.

I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.

But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?

Some words of advice would be really good. Thanks.
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