good call. you should at the very least take out what you put in, so even if things go bad you would only have lost the potential profits.
was it this one? i hope you took the profit and didn't wait
Ye your 100% right that is what I normally do I cash out my invested amount + some profit then I "freeroll" in hope for a big pump.
I haven't cashed out everything I took out around 50% of my invested amount so I am in profit and I hope it will recover back to around $0.0008 then I probably cash out the rest.
Congratulations on your profit — I'm yet to explore TON ecosystem so I don't know the nature of jeets they have on Solana is insane. But still, you should apply the basic principle and that is to take out your capital and some profit while letting the remainder of your bag to continue riding. Fr, I didn't know things were popping off on TON lately.
Open Question: If any of you are degening on TON, do well to share the DEX, bots (if avaliable) and your strategy. Not to copy but to observe and contrast.
What I do is that go in to CoinGecko and I look for new released tokens, if I feel that I want to invest in it I copy the token id and swap to it in my wallet
(I using Tonkeeper) I do exactly the same at Solana but I using Solflare wallet there.
If it's not accompanied by clear utility, you should be prepared for a possible rugpull. After all, you have already made 5x your initial investment, why not just take profit and walk away?
Ye that the best and safest way, I cashed out 50% earlier and still got 50% left that I taking a chance with.
If you are lucky like OP in making 500%, you must control your greed. You're investing for profit, not to lose your money. If you want to take risks, take risks in a way that doesn't make you regret not securing your profits in sufficient time before the storm hits.
That's true, thanks for the reminder, its never good to be too greedy, I needed to hear that actually.
It happens for every network and that's why you have to watch them by yourself because no one knows when they'll rug. These scam developers will do it at any time they wish to do.
Ye your right, it's so sad that this happens I don't understand why they just don't start a legit project and earn money that way.
Must be so much more fun. I cashed out some profit earlier.
I appreciate all replies, you all helped me out to understand this more and made me more aware of everything. Thanks!
