How do you make your HODL or dump decisions? - page 9.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

https://www.coingecko.com/en/coins/startup-boost-token

Ouch, the declining momentum had never changed and it is getting worse more than to what I imagine.
Honestly, by seeing its market performance, it was clear to have no hopes for this coin. Because if have this coin, I may sell it now while it still has a market value coz sooner or later, I was afraid of that be going dead.

But anyway, this is also a dead project. Whether we like it or not, it turns to a shitcoin later. You have this in bulk because it was cheap but too unlucky to buy this nonsense coin.

slaman29

legendary

Activity: 2674

Merit: 1226

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Quote from: topbitcoin on June 24, 2021, 03:27:40 PM

I think if you bought coins that maybe get bad responses from this forum, as long you really filtered it. U can take the suggestion, because i think this forum can be used to review if the coin is good or bad as long we can see difference with honest review and people who only shill it. About coin, maybe if there are no other choice especially some new tokens, i rather to cut lose and then change to other coins.

This forum will always be the measure of honesty, in my opinion. On Twitter and Telegram you get ultra shillers and influencers paid in tokens to shill, so they always have motivation to lie. But this forum does have a way of filtering out the outright scams:)

So if you actually see good accounts and Legendaries talking about an alt here, it's generally at least a sign of longevity.

Mihawk

sr. member

Activity: 1149

Merit: 347

I won't mention and comment on your participation in this project because I'm not involved and I may end up mentioning unnecessary things, but my decisions about hodl and dump are based on my store of value expectations about the project or when I use for sure often. Most people who have entered the world of cryptocurrencies are currently involved with tokens, so using these tokens is rare. In short, if I have no expectations of value or usefulness, I sell immediately.

oemar bakrie

full member

Activity: 1260

Merit: 100

SOL.BIOKRIPT.COM

if I myself it's better to save first and wait when it's on the target to sell the coin, it does take very careful time, especially if you have to see the movement every time.. but all of those ways are to be able to reduce huge losses..

alevlaslo

hero member

Activity: 1988

Merit: 593

Every 4 years history, now buying need, btc will grow at 1000% from July to December

el kaka22

legendary

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www.Crypto.Games: Multiple coins, multiple games

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

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?

Nothing new than what I have been watching since last 5 to 6 years in this altcoins space.

What are the proof that whales/people outside the team bought in presale? It is an old tactics that all dev teams incorporate to lure naive investors.

Why those whales got impatient? It means they lost their confident against that project? If so, then what would be the point of continuing your holding?

All the teams are always promising about developing real world utility and long term progress to solve the pre-sale contributor's questions and then those contributors will start waiting which may last infinitely or until exchanges delisting that coin/token. This is a cycle of event and keep happening at same methodology but only project names keep differ.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Quote from: speedforce on June 24, 2021, 04:20:56 PM

Quote from: blockman on June 22, 2021, 02:04:01 AM

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.

Its just a beginning for a token, i think u cant expect huge volume for a newcomers token. I mean we cant judge the value by the trading volume, i visit the website (https://startupboost.app) and i think its a clear project and may have a good future.

I agreed with you that the startup of the project might not be encouraging coupled with it low volume however it future prospect depends on their developers and their team the OP made it clear that they are still working on it even released some app, it obvious that majority of altcoins are in a bad shape pricewise now due to the bearish sentiment of crypto market however once the market bounce back it's possible for the token to enjoy massive investment and become feasible based on the fact it wasn't abandoned and the OP investment might not be necessarily massive and huge although it was not stated.

speedforce

full member

Activity: 758

Merit: 104

Quote from: blockman on June 22, 2021, 02:04:01 AM

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.

Its just a beginning for a token, i think u cant expect huge volume for a newcomers token. I mean we cant judge the value by the trading volume, i visit the website (https://startupboost.app) and i think its a clear project and may have a good future.

topbitcoin

hero member

Activity: 1694

Merit: 691

Vave.com - Crypto Casino

I think if you bought coins that maybe get bad responses from this forum, as long you really filtered it. U can take the suggestion, because i think this forum can be used to review if the coin is good or bad as long we can see difference with honest review and people who only shill it. About coin, maybe if there are no other choice especially some new tokens, i rather to cut lose and then change to other coins.

prosperoustop

jr. member

Activity: 658

Merit: 1

I amd looking on the market and than make decision, if market is growing I try to hold a lot of investions! In falling market - working fast trading!

KryptoKings

hero member

Activity: 854

Merit: 506

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 little questions

Now how do you accumulated lot bags of the token
1. From IEO, ICO or IDO
2. Was it from bounty?

Now if it was from bounty program then you would have sold 50% and hold the rest 50%.
Likewise IEO, ICO IDO. Mainly that is how I does so that I won't be left out with bags of shitcoin.

devil2man

member

Activity: 759

Merit: 15

I do not know this token but by now it is no longer worthwhile to do hold strategy with any altcoin because the market is too variable and unpredictable it is better to practice and do scalping in trading,and also sell with dump rather than lose everything, of course i only speak for myself

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: xSkylarx on June 24, 2021, 10:31:19 AM

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.

Found the token on coingecko and saw their website there. All I can say is it is almost the same with the deflationary tokens created under bsc like safemoon, etc. I can't say if what you're holding is good or bad but I don't think their project will last that long like years.

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

Some words of advice would be really good. Thanks.

For me, I just hodl if the team behind that project is transparent and keeps in touch with the community with their progress. As long as their roadmap are followed then there is no reason for me to dump it. I will just dump it if something fishy is going on or the team already abandoned the project.

Hodling is what most of us are doing right now especially in this time of bearish season but it also depends on the utility case of the token your hodling. If you think the token will have big potentials in the future, then hodl it until it reaches a very decent amount. But if you think you are wasting your time hodling this coin because you have never seen a single progress and the price is even declining, then never hesitate to dump it and find another coin that will eventually worth hodling of. The decision should always come from you and not from other people.

xSkylarx

hero member

Activity: 2366

Merit: 594

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.

Found the token on coingecko and saw their website there. All I can say is it is almost the same with the deflationary tokens created under bsc like safemoon, etc. I can't say if what you're holding is good or bad but I don't think their project will last that long like years.

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

Some words of advice would be really good. Thanks.

For me, I just hodl if the team behind that project is transparent and keeps in touch with the community with their progress. As long as their roadmap are followed then there is no reason for me to dump it. I will just dump it if something fishy is going on or the team already abandoned the project.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

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

Never heard of SUBX yet . but the first thing i do to ready hold some certain coin and let it there for a long time. i should trust that coin first and what this coin impact in future . i can't just hoping there is pump moment for this coin someday. i should believe the coin first and thats why all of my decision coins are still around top 10 volume in cmc.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

Quote from: blockman on June 22, 2021, 02:04:01 AM

Is it this token? (https://www.coingecko.com/en/coins/startup-boost-token)

Yes, I also only could find that Startup Boost Token (SUBX) on CoinGecko, but we all see that the volume is very low, only around US$5.294.
There is also no market cap information.
And moreover, it is only listed on PancakeSwap.
I am worried about the future of this coin.
if the team doesn't do any development and also other listings on the top exchanges, I am not sure that this is a good long-term investment. Be careful.

Cling18

full member

Activity: 1708

Merit: 126

If a project is new and is still in the process of development, I usually monitor the price because that's the lesson that I have learned from the projects last 2017, that anything could happen anytime. New projects usually dump their price so you better be alert and keep your eye on it while holding. But if you're holding good coins with great potential like BTC, better set a target goal and sell when you have reached it.

imstillthebest

full member

Activity: 1638

Merit: 122

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

Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?

it does . more people invest in projects with real utility than projects that dont have . are they new ? they have develop 4 apps already and they should mature by now but the recent bear have also caused an impact .
try waiting until the bull market returns . if their price dont rise , better if you abandon it and switch to more surer projects .

NewRanger

sr. member

Activity: 1624

Merit: 341

Buzz App - Spin wheel, farm rewards

Quote from: pinggoki on June 23, 2021, 04:06:23 AM

To be honest it is really hard to decide whether you will still HODL or sell whenever you are making a decision especially when it is in a dump or may I say that there are no accurate decisions that have been made when you will HODL or sell it. The thing you need to do is to read the market especially when how many is the percentage that the market dumps, if it dumps for about 20% in a day then probably it is very dipping you need to hold it in order to not gain heavy loss.

its really make confuse with current situation , i am hold some good project but looking current bitcoin dump make me to sell it and rebuy when bitcoin could hit 20k. but i am affraid if i sell my assets price continue to rise, it is very dillema to take decision in unclear market trend. drop 20% will make us hold or our we will lose our money.

pinggoki

sr. member

Activity: 1666

Merit: 426

To be honest it is really hard to decide whether you will still HODL or sell whenever you are making a decision especially when it is in a dump or may I say that there are no accurate decisions that have been made when you will HODL or sell it. The thing you need to do is to read the market especially when how many is the percentage that the market dumps, if it dumps for about 20% in a day then probably it is very dipping you need to hold it in order to not gain heavy loss.

Topic: How do you make your HODL or dump decisions? - page 9. (Read 1898 times)