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Topic: How do you make your HODL or dump decisions? - page 4. (Read 1868 times)

hero member
Activity: 1820
Merit: 526
Leading Crypto Sports Betting & Casino Platform
You are the one who is following the project very closely. Is the project going according to the roadmap?. As you say according to what you said the team is still developing the project and updating daily then you should give them more time. Don't panic, stand your ground. maybe whales are deliberately creating hype to take profits and buy them at lower prices.
full member
Activity: 812
Merit: 100
have you analyzed the token? From what factors you can conclude to have and hold. but in my opinion the most important thing is that we have to see the development of the token so that there are no losses
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
I have made a similar mistake, probably every trader and investor has left profits on the table. The problem is that if we sell too early then we may lose another rally, or we sell too late and the price has fallen again. It is very difficult to find the exact time of the best selling point. That's why I always try to hold on to some of the top coins and hold them for the long term.
full member
Activity: 1358
Merit: 100
I'm not familiar that token, seems it's a new token in the market. It is really risky investing in new token you expecting the price will increase and make profit but still down price and keeps decreasing. If the team is still active and developing the project then you should give them a time, keep hold your tokens for now. 
member
Activity: 588
Merit: 11
Futiracoin.com
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.

If you hold a token, the most appropriate step is to first analyze the selling value, whether the current selling value is greater than the current buy value, after that you have to observe the market, how the fate of the token will be this year or in the coming year.

If you've done it right, then the conclusion that you have to do is obvious, if indeed the team says they are looking for the long term, maybe you need to be patient to let go, this is actually more profitable for you than letting go now.
full member
Activity: 1190
Merit: 108
I take a small profit and have no regrets when the price pumps more after i sold it, meanwhile, the price is sure to correct back, and I will buy back at the bottom, just follow the market direction. Trading takes time to recognize the direction of the market, as long as we are patient and precise, there are profits to come with you.
legendary
Activity: 2982
Merit: 1028
If you feel that now is a very good time to release the token, you better release it now first, then if you still believe in the project token, it's better until the price continues to decline, because with what you said above that the big whale has left there is a high probability that the price will drop.

If you really need money, dump it, but if you don't, keep it, or if you're afraid the price will go down, sell 80 percent of the coin and keep the other 20 percent, according to a good friend of mine. This method works for me, even if that 20% gain sometimes turns into a 50% gain, but it's still a profit even though I sold it earlier. However, whether you sold it for a low price or a high price, the profit is still yours.
Still a profit even small or if you take much higher, what is important is you are satisfied.

Better to set your minds to keep what you need and try to move forward. Most of the time, those who lost a lot are the people that
can't resist greed. Be wise and contented with how things work with you.

Don't trust the devs and the team too much, you can feel for yourself that words without evidence are tantamount to bullshit.
In this market there are many ways for people to do scams, be yourself and don't be easily influenced by other people.
Never do that, unless you see real actions or progress from the project and you did your research properly.

You can trust them if there're real usages and there are communities who really supporting what the dev is doing within the project developments.
sr. member
Activity: 1876
Merit: 259
Don't trust the devs and the team too much, you can feel for yourself that words without evidence are tantamount to bullshit.
In this market there are many ways for people to do scams, be yourself and don't be easily influenced by other people.
hero member
Activity: 2352
Merit: 594
If you feel that now is a very good time to release the token, you better release it now first, then if you still believe in the project token, it's better until the price continues to decline, because with what you said above that the big whale has left there is a high probability that the price will drop.

If you really need money, dump it, but if you don't, keep it, or if you're afraid the price will go down, sell 80 percent of the coin and keep the other 20 percent, according to a good friend of mine. This method works for me, even if that 20% gain sometimes turns into a 50% gain, but it's still a profit even though I sold it earlier. However, whether you sold it for a low price or a high price, the profit is still yours.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
In every investment decision, look for indices to support or deny ones conclusion to sell or hodl. If my investment reaches 10x or more but the market is bearish I tend to hodl for another bull cycle. But if it is in the middle of a bull run and it hit 10x I would sell it .
member
Activity: 636
Merit: 11
After learning the hard way since 2017 I've now decided to always buy crypto coins when BTC halving is a year away, this was what I did in early 2020 and it favours me so much, the best time to buy and hold is bear market and when BTC halving is miles away
i am agree price histroy very important for us to decided what step we have to do.And halving event was most waited for bitcoin investors, price will skyrocketing after halving due reward decrease in mining.
member
Activity: 155
Merit: 10
Most times dump decision is determined by personal need if I fund I can sell at any time, however most times I sell at my target profit over greed spirit, and the basis is that I like to sell at the peak of bull and prefer to buy in bear.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
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.
If you are confident in the project you should hold it first. what you need to know is that almost the average project continues to develop itself, even though we find the end of their sweet promise to run away or scam and also many projects are active in the market and even their prices continue to increase. You need to keep an eye on it just in case, the indecision you're experiencing doesn't let you keep coins that aren't potential.
We do have different takings on particular things which means decisions would really be entirely different  to  each other.If you do really look  for a project to be that great  or good for long term then its your choice
whether you do hold  it  up or  would secure  profits while you still can because there's no guarantee on making profits thats why every money making chance or profit should really take some actions.
Dumping decision is a common act specially to those who are making active trades.Decisions will vary on different factors thats why it could neither be the same or different to each other.
legendary
Activity: 2338
Merit: 1124
After learning the hard way since 2017 I've now decided to always buy crypto coins when BTC halving is a year away, this was what I did in early 2020 and it favours me so much, the best time to buy and hold is bear market and when BTC halving is miles away
You do not have to do it that rarely, you could always buy it whenever it is down. For example, when the price went down 50% few months ago in May or June (can't remember) that means you could have bought at that time as well, the price went down literally in half, and that is a huge enough drop that we all know eventually it would have gone higher, maybe not to 60k, but definitely higher, even if it dropped to 15-20k after that (which thankfully it didn't) that would still not matter because going above 30k was still easy and right there.

Anyone who did it already have 50% profit because it went from 30k to 45k and that is 50% profit and only in a month or two. So, you do not have to buy when it is getting close to halving, only have to buy it when there is a huge fall, huge falls in bitcoin is not rare so whenever that happens go ahead and buy some.
legendary
Activity: 2982
Merit: 1028

If you are confident in the project you should hold it first. what you need to know is that almost the average project continues to develop itself, even though we find the end of their sweet promise to run away or scam and also many projects are active in the market and even their prices continue to increase. You need to keep an eye on it just in case, the indecision you're experiencing doesn't let you keep coins that aren't potential.

Your knowledge will keep you decide to whether to continue holding or its need to liquidate and find a new one.

There are many projects that still in its developing stage, as long as the progress still showing and the dev are working behind, and actively answering all investors queries, there's still a good chance that it will bring more good success to your invested money. Keep following the team and the progress for more detailed information.
full member
Activity: 1210
Merit: 100
If you feel that now is a very good time to release the token, you better release it now first, then if you still believe in the project token, it's better until the price continues to decline, because with what you said above that the big whale has left there is a high probability that the price will drop.
jr. member
Activity: 154
Merit: 1
Suppose I have a coin that I have kept. I sold this coin if I had sinned a lot after hoping in the market. And if the market dumps a lot later, I will put that coin in a good position again Then I will buy and hold the coin and keep it, then I will sell it when the price goes up again.
member
Activity: 1540
Merit: 22
In my opinion, if you are quite confident with the coin project, you should check the price history of the coin, if you think the price when you hold the coin is still under value, then you just hold it, but if not then if there is a chance the price goes up then sell just. then you can look for other coins that have good fundamentals and enter the top 50 rankings in the coin market cap.
sr. member
Activity: 1736
Merit: 306
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 just checked this token and I can't believe my eyes, the whole 100m supply is in circulation? how can this grow in terms of price when the total supply is in circulation,  aside that the project doesn't seem like a long term project after losing the trust of the whales/investors, if I have any of this subx right now I think I would follow the whales to dump and move on to better projects, few reasons you should try sticking to old coins, it's better you dump and move on, this project might not survive the bear market.
sr. member
Activity: 1050
Merit: 286
There are a lot of factors I consider before making a decision about holding or dumping and I make sure that my emotions are completely out of it. First thing is through speculation of the road map and next thing is the current market situation and the news about that certain coin. Deciding when to hodl or dump is a very crucial thing to do because it will decide whether you will be successful with your investments in the future or will experience much worse losses. It's best not to learn it from a mistake but still it is inevitable so just make sure that you think it through as careful and as wisely as you can to make it worth the wait.
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