How do you make your HODL or dump decisions? - page 3.

ven7net

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Quote from: LemonMaker on June 22, 2021, 01:53:33 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.

I have seen several similar situations and I will tell you this, if large investors leave the project, then this is a bad signal for the remaining holders. The fact is that such projects are practically doomed to failure, since they could not keep large investors. Of course, there is a case when the project team launches an update and this again increases the interest of large investors in the project and then there is a chance for the price of the crypto asset to rise, but this happens very rarely. I have been in such situations and unfortunately did not have time to sell, which led to a loss of profit. How to avoid such a situation? To be honest, I do not know the solution, since we all want to have a profit, which means we keep the crypto asset to the last. But you probably just need to follow the information and sell if the situation in the project is very bad. This is the only way we can avoid the complete loss of funds invested in a particular crypto asset.

TheListener

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It's so easy overall market depend on btc so chk btc movement then we can easily make a decision about holding or chk when market dump but this is possible when we read market carefully.

GaxviiBuss

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Don't have patience as to dumping like that, I observe the rate of dropping and increasing of a coin for sometime by constantly watching the price day by day, so after identify theee best time so sell and I do, though I still loose some fund but will be minimal, recently it happen to me, when I loose a lot of coin. During the time of observation I consider the team response to the price to know the rate of the project potential. This from my own perspective might be wrong.

amihada

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Next Generation Web3 Casino

Quote from: ?? on ??

Making a hold or dump decision can sometimes be a difficult decision. Holding an altcoin for a long time is sometimes not a wise decision if the altcoin does not have daily transactions or a large marketcap value. But sometimes holding for a long period of time can provide large profits if the coin continues to grow and innovate that attracts new and old investors.

If I always make my own decisions, potentially coins like Ethereum and BNB coins I hold for a long time I don't doubt it because these two coins can be long term assets for me, but if other coins like Poolz I only hold for a while when I make a profit I sell and I wait when the price drops i buy it back i make a lot of profit by buying and selling coin poolz.

bitcoin-shark

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how to establish the strategy to be adopted for a token / altcoin that you own? there are various factors to consider as if the project is promising in the long term, on which exchanges it is listed if it has decent volumes the price changes of the last period, is better to establish a goal if it reaches a certain value satisfactory for us then sell quickly

Pamadar

legendary

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Quote from: Shasha80 on August 20, 2021, 12:09:39 PM

A few days ago, when the market was down there were a lot of opinions popping up. There are those who argue that the crypto market will recover
soon, and there are also those who think that the crypto market is increasingly experiencing a decline. If we rely too much on signals from other
people, it will make us confused about choosing the right opinion. Moreover, the crypto market is very volatile, so we must be able to quickly change
our decisions, it can be obtained from the results of research and analysis that we do. So we can know how long we can holding coins,
or we can know when is the best time to take profit.

Confusing yourself will place you in great danger while investing,

A lots of time traders who are relying with other's opinion failed to pick the right decision, following tips is not a good way working with this business, you need to work for your own and use those tips as learning materials in picking the right position for your investment. At the end of the day, it's still your final call if what is best for your money.

tabas

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Top Crypto Casino

Quote from: kumala_abi on August 20, 2021, 05:51:41 PM

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.

And those coins that you've mentioned, there's no need to check their prices from time to time. But it became a hobby for most of us to check the markets.
Because we're all looking out to how much we've gained and how much exactly it is that we're making for that specific day although it's just a gain that you may not want to cash out.

Pelana vreo

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Syntrum.com

Quote from: LemonMaker on June 22, 2021, 01:53:33 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.

When you decide to buy tokens and enter the presale, it looks like you have done a lot of research before you started to invest in the project,i have visited https://www.dextools.io/app/pancakeswap/pair-explorer/0x605b6e29e3daab97b45d825438c532c14876d782 and the trading volume looks good. the price is slowly starting to go up to $0.0095 usd, if you want to hold this coin for long term then that is an option as they are still active on social media and as I said, the token price is slowly going up and it looks good.

Bitcoin Seller

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Activity: 567

Merit: 148

Quote from: bamb on August 03, 2021, 08:35:50 AM

The first rule of investing in new coin without any antecedent is to never get emotional with such coin. You said and I quote ' reflections are delicious and community is nice' This phrase is a sign of emotional attachment, if a coin is performing below your expectations, the next thing is to cut your losses if you are in one otherwise sell and revise your projection!

You are right, I made such mistakes several times that I just enjoyed being in that community, so I trusted this project. People there said that this project must go to the moon, but then it was hacked.
Also emotions are dangerous when you see how tokens increase and you think that you will not have time to earn, so you buy on highs and then losses. It is a greediness of people and if you want to earn you should get rid of such emotions.

kumala_abi

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GoMeat - Digitalizing Meat Stores - ICO

Quote from: Sihab76 on August 19, 2021, 06:52:35 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.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: Pamadar on August 19, 2021, 04:21:38 AM

Quote from: Shasha80 on August 19, 2021, 02:18:22 AM

We must be confident with the results of our own analysis compared to the opinions of others. Because we do the analysis, we will definitely
do it correctly and seriously, because we hope the results are accurate. While other people's opinions are sometimes only based on their
assumptions, there is even a possibility that other people's analytical skills are worse than ours. If the results of our analysis fail and
make us lose, there is a positive side that we can take, we will correct our mistakes in making decisions. The conclusion is that relying on
others will not make our abilities develop, so don't be afraid to trust the results of the research and analysis that we have done ourselves.

Indeed. trusting your own work gives you confidence with how you see the market,

Unlike with trusting with other opinion where you can't change your position once the market turned against you, while those people
who provides that information can easily change everything without your knowledge, it's best to keep your own research and trust how you percepts what the market will bring to your investment.

A few days ago, when the market was down there were a lot of opinions popping up. There are those who argue that the crypto market will recover
soon, and there are also those who think that the crypto market is increasingly experiencing a decline. If we rely too much on signals from other
people, it will make us confused about choosing the right opinion. Moreover, the crypto market is very volatile, so we must be able to quickly change
our decisions, it can be obtained from the results of research and analysis that we do. So we can know how long we can holding coins,
or we can know when is the best time to take profit.

Sihab76

full member

Activity: 1302

Merit: 100

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.

llecrf

jr. member

Activity: 420

Merit: 1

Quote from: LemonMaker on June 22, 2021, 01:53:33 AM

snip

If the project has a long roadmap, until 2022 I think you can hold the coin, see how big the liquidity pool they are locking, do they lock it for 6 to 12 months? if so just wait and take profit when the price goes up, projects that have good community members will support the project and they don't just pursue profit, I learned from Dogecoin and Waves, even though for a long time these two coins were at the lowest price, but both can achieve new ATH because it has a strong community

Zulkifli BI

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Activity: 277

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lumintoken.com

Quote from: LemonMaker on June 22, 2021, 01:53:33 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.

I have never bought this altcoin and I do not know which altcoin you currently hold. but there are many cases that happen as you are experiencing today. so I can only suggest to continue to monitor the current price and volume, because large volumes can increase the price of altcoins, and you have to follow the development of these altcoins, if the developer is still developing this altcoin project then you better hold on until your profit target is achieved. but if this altcoin is sitting in place then it is better to sell it immediately.

Insomnia family

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Merit: 10

yes, I've experienced situations like the you but not with the SUBX coin. On the one hand, as investors, of course, we are required to monitor project developments and the latest news about the project is very important, especially on telegrams, usually the project team always provides information about the development of the project. and if you believe in the project then hold it, but if you are worried (whales) then sell some and hold the rest.

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

Quote from: Pamadar on August 19, 2021, 04:21:38 AM

Quote from: Shasha80 on August 19, 2021, 02:18:22 AM

We must be confident with the results of our own analysis compared to the opinions of others. Because we do the analysis, we will definitely
do it correctly and seriously, because we hope the results are accurate. While other people's opinions are sometimes only based on their
assumptions, there is even a possibility that other people's analytical skills are worse than ours. If the results of our analysis fail and
make us lose, there is a positive side that we can take, we will correct our mistakes in making decisions. The conclusion is that relying on
others will not make our abilities develop, so don't be afraid to trust the results of the research and analysis that we have done ourselves.

Indeed. trusting your own work gives you confidence with how you see the market,

Unlike with trusting with other opinion where you can't change your position once the market turned against you, while those people
who provides that information can easily change everything without your knowledge, it's best to keep your own research and trust how you percepts what the market will bring to your investment.

Using your own analysis is important and must be based on sufficient analytical knowledge and able to analyze well and accurately, people's suggestions are also important and only for consideration on the grounds that people who are experts and can be trusted are not random people.
because sometimes many people believe in their own analysis without realizing their analytical abilities which lead to losses, it's a good idea to combine my own analysis with analysis from experts and trusted people for consideration.
I will continue to do research on both and if there are similarities it doesn't hurt to try with confidence and sometimes it works, and if you follow the wrong people's advice that's a problem.

MIner1448

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Tontogether | Save Smart & Win Big

You know, I very often used to hold coins of various young projects, which, in principle, during my analysis should have taken off, but no one has taken it, for a long time I now adhere to investing in the top 15 coins, there is very little prospect at the start of new young projects , especially since almost all are created for the sake of scam.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: Shasha80 on August 19, 2021, 02:18:22 AM

We must be confident with the results of our own analysis compared to the opinions of others. Because we do the analysis, we will definitely
do it correctly and seriously, because we hope the results are accurate. While other people's opinions are sometimes only based on their
assumptions, there is even a possibility that other people's analytical skills are worse than ours. If the results of our analysis fail and
make us lose, there is a positive side that we can take, we will correct our mistakes in making decisions. The conclusion is that relying on
others will not make our abilities develop, so don't be afraid to trust the results of the research and analysis that we have done ourselves.

Indeed. trusting your own work gives you confidence with how you see the market,

Unlike with trusting with other opinion where you can't change your position once the market turned against you, while those people
who provides that information can easily change everything without your knowledge, it's best to keep your own research and trust how you percepts what the market will bring to your investment.

Luffygroove

member

Activity: 966

Merit: 25

Ton Together | Save Smart & Win Big

For me, I always consider my assets as long-term and short-term. For the long-term investment, I usually take time to dig some information deeper and to know further about the team. In the length of the development, I will observe the progress that team made. If they have weekly or monthly reports to the community, I think that would be a green signal. It means the team is solid, dependable, and professional. Cause I consider it a long-term investment, It will be okay for me to wait as long as they delivered cause I believe for everything there's time. So, for me, I can wait for that all-time ATH if I have faith in the project.

Shasha80

sr. member

Activity: 1876

Merit: 318

Quote from: ?? on ??

Quote from: LemonMaker on June 22, 2021, 01:53:33 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.

you may accept suggestions and input from us, but you must be on the principle that you plan. it must be considered.
the coins you mentioned have value and are listed on several exchanges and that I think is good, if you have a few of these coins and you want to release them you can wait for the price to go higher.

We must be confident with the results of our own analysis compared to the opinions of others. Because we do the analysis, we will definitely
do it correctly and seriously, because we hope the results are accurate. While other people's opinions are sometimes only based on their
assumptions, there is even a possibility that other people's analytical skills are worse than ours. If the results of our analysis fail and
make us lose, there is a positive side that we can take, we will correct our mistakes in making decisions. The conclusion is that relying on
others will not make our abilities develop, so don't be afraid to trust the results of the research and analysis that we have done ourselves.

Topic: How do you make your HODL or dump decisions? - page 3. (Read 1898 times)