How do you make your HODL or dump decisions? - page 2.

ChaoChibai

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Activity: 588

Merit: 10

-ethernity cloud-

Quote from: ?? on ??

Making decisions must be more careful in choosing altcoins, when you hold an altcoin you have to monitor the price from charts or analysis in various existing markets, when you want to hlod coin choose a coin that has an exchange rate that is always active, don't hold a dead coin, that's the right thing fear, now the market is unstable, something coin can pump and dump suddenly

Yes of course, right now the situation in the market is so unstable. The price can pump and dump so sudden, bitcoin and ethereum price is decreasing in price right now. Monitoring our coins is the essential key to make sure if we want to hodl or dump decision.
for me, i think this is the best decision to hodl our coins

hidingyou

member

Activity: 291

Merit: 13

Keep your eye on the price. If the dump is flowing in then it means the investors lose trust in that project, it's also good to have a target in when you sell, also keep your eye on the team if they are still in communication
if you feel they don't care anymore then it's time to dump it because they are probably do.

letyouearn

legendary

Activity: 1722

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I usually focus on strong projects that have fundamental reasons to grow and I always wait if my tokens are being dump. If you enter high risk, lowcap project, the situation becomes more unpredictable.

Wulan_maniez

full member

Activity: 840

Merit: 102

When the market is as bullish as it is today, many altcoins rise in price and pump slowly. I see in the market a lot of green ones, and that should be the case with altcoins that you hold 'SUBX'. If 'SUBX' coin is on the rise like other altcoins, maybe you can still hold it. But if there is no increase, you better sell it, and switch to an established altcoin.

Wakate

hero member

Activity: 1106

Merit: 535

fillippone - Winner contest Pizza 2022

This coin is not that know to the public and there is bigger chance that it might lost it momentum as time goes on because of it's low liquidity. Liquidity is very important in the crypto market for good movement of price to occur. If there is no good liquidity, it means that the market is dumped and with time, investors might decides to sell there own part of the coin and those that are still holding will lose at the end.

Take more time and do more research on the project to know whether truely the project will go a long way. Also take note that you might end up selling it and things get better with time bringing about regret and poor decision making.

stadus

legendary

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Quote from: CapGelatik on September 06, 2021, 03:34:03 PM

Quote from: husencoe on September 06, 2021, 02:36:36 PM

Currently the market conditions are very unstable and investors prefer to invest in the current top coins, if I can suggest that you release the coins and exchange them for better coins in the cryptocurrency market

Talking about market conditions, it's not stable yet and I don't know when it will end.
I think the top coins are always a good choice to invest but then again everyone has their own preference for coins

The top 10 coins are the coins with good liquidity, they have a lot of investors and as long as there's no big issue regarding the team and the development of the project, investors will continue to trust the project by holding their investing. If we rate the investment, they belong to a lower risk type of investment as they had already captured the big number of investors who makes their project more stable, however, it's not bad to take a high risk as well as you might find a gem coin/s that could pump more than a hundred times in just a short period of time.

CapGelatik

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Activity: 1064

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Combo Network

Quote from: husencoe on September 06, 2021, 02:36:36 PM

Currently the market conditions are very unstable and investors prefer to invest in the current top coins, if I can suggest that you release the coins and exchange them for better coins in the cryptocurrency market

Talking about market conditions, it's not stable yet and I don't know when it will end.
I think the top coins are always a good choice to invest but then again everyone has their own preference for coins

juanda

full member

Activity: 756

Merit: 111

cro.baby

Quote from: LemonMaker on June 22, 2021, 02:53:33 AM

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.

All project development teams will say they have long term goals but in reality many projects lose value half way through. so whatever is said by the development team can not be an important reference in investment. so I think we should study and find more accurate information to make a decision to hold it or to sell it immediately. so we can benefit from it.

husencoe

full member

Activity: 658

Merit: 100

Currently the market conditions are very unstable and investors prefer to invest in the current top coins, if I can suggest that you release the coins and exchange them for better coins in the cryptocurrency market

andriarto

sr. member

Activity: 1344

Merit: 253

Quote from: Psynthax on August 30, 2021, 10:56:38 PM

Quote from: kumala_abi on August 20, 2021, 06:51:41 PM

Quote from: Sihab76 on August 19, 2021, 07:52:35 PM

I am always prefer to invest my money longer periods investment . So I already invested bitcoin and Ethereum, Binance coin for long time. So I can't keep anything update price ups and downs.

those assets selection was good as our side investment so no need to check price regularly like another coins. Major coins will give us more relax and our mentality will panic although market crash. For long term investment eth btc and bnb give us certainity in price and also security.

Maybe it was because checking the market price regularly is tiring, so many people decide to invest for long term, but even long term also need to check the price regularly to find if the price is already near the price you expected and when you will dump your investment and its when the price already high enough we think it cant go higher. but at least its not like checking the price every hour and i also prefer long term investment, because its just more relaxing although the price can go down and not going up.

holding in the long term does make us more relaxed, at least we don't check the market in the near term. but indeed it would be better to set a target, so that we can take profit automatically when we do not see the market. let alone waiting for a bullish market to occur in a matter of years, so sometimes we forget to check the market

maria1110

jr. member

Activity: 30

Merit: 2

I've never heard of this coin before, or read any news.
Anyway, do your own research before putting money in, do not just listen to other people coz they may be voicing for purposes. And also, do not invest more than you could afford to lose. This is important.

Psynthax

hero member

Activity: 2366

Merit: 504

Quote from: kumala_abi on August 20, 2021, 06:51:41 PM

Quote from: Sihab76 on August 19, 2021, 07:52:35 PM

I am always prefer to invest my money longer periods investment . So I already invested bitcoin and Ethereum, Binance coin for long time. So I can't keep anything update price ups and downs.

those assets selection was good as our side investment so no need to check price regularly like another coins. Major coins will give us more relax and our mentality will panic although market crash. For long term investment eth btc and bnb give us certainity in price and also security.

Maybe it was because checking the market price regularly is tiring, so many people decide to invest for long term, but even long term also need to check the price regularly to find if the price is already near the price you expected and when you will dump your investment and its when the price already high enough we think it cant go higher. but at least its not like checking the price every hour and i also prefer long term investment, because its just more relaxing although the price can go down and not going up.

denasha92

member

Activity: 616

Merit: 10

I will HOLD my coin if the project has a good prospect and the team is really active, they give some updates about their project to their community frequently. also, they always finish their goal on their roadmap on time. then, i will dump my coin, if the coin have a low liquidity in the market for a long time, the project was abandoned and the team is inactive.

sherenikaw

member

Activity: 630

Merit: 10

rocket.hashbon.com

actually if the project has a good development and the team also always gives positive prospects then that can be a reason to hold it. A good project can be seen from the team and also the goals of the project. certainly, a project will have a bloody period especially when the market is falling. we can only hold it and don't sell it when the price is falling because it will just give a loss. don't forget to keep abreast of the progress of the project because we are the ones who can decide whether the project is worth to hold or not.

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

In your situation OP that you're unsure whether to hold or dump it.

If it is no longer that good for you to hold it and you're just thinking about when it will pump, I'll dump that if it's still on exchanges.

The reason is that if I don't know why I am holding that token and I have no firm reason to do that, I won't have any second thought of dumping it.

Stunzz

member

Activity: 93

Merit: 11

Go through all their channels to see their latest updated information. Do well as engaging with one of their representative on the TG or Discord channel, ask tangible questions and the answers you get should determine your next move.

adibi12

member

Activity: 285

Merit: 10

It all depends on the developer, if they are still serious in carrying out their project, then I suggest to hold on and wait for the right time to be released, the thing you need to do is keep abreast of information from them in the group or on the website.

Tomohisa

full member

Activity: 360

Merit: 100

It depends on how you see it. Do you think its price was undervalued for now? Do you think it will have a long future ahead and right now, a minor setback in terms of price? There is a lot of question you need to ask yourself to finally make your own decision. My only advice for you is: sometimes, don't too focus on price but think how it will fare in long term hodl.

Traderbtcc

full member

Activity: 1190

Merit: 123

★Bitvest.io★ Play Plinko or Invest!

The decision to hodl or dump a coin is your call to make, no one can tell you when you should hodl or dump a coin, in your case the coin you mentioned seems like it won't be surviving for too long, the part about early investors leaving is fearful and you should be really careful if your losses ain't that much I feel maybe you should exit the project too, not all coins that dump recover from their dips some die off from there.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: ?? on ??

Having an active team does not guarantee the survival of the coin in the long term, my advice is to immediately exchange it with a coin that has good prospects for investment in the long term, because basically big investors are more interested in investing in top coins to avoid high risks when dump

I find it good when there's an active team that works for the project and everything that it has to be. But knowing that it is an altcoin that you probably just heard of.
It is better to dump such coins and buy a better one like ethereum, bitcoin and other good top altcoins.

Topic: How do you make your HODL or dump decisions? - page 2. (Read 1868 times)