Sell or keep holding HEX? already gained 50x

hichamito37

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Quote from: Mame89 on July 28, 2022, 10:32:17 AM

sometimes greed leads to nothing, it's better to get enough with 2x the results are good. than there is no end that we expect. yes, even though there can be miracles in the crypto world, it must be logical by looking at whether it will be able to reach high prices. I've experienced expecting more with my saved coins but to no avail, should have been given a profit should sell, and wait for the coin to fall again and buy again, the nature of the coin is volatile

Whenever I reach 2x, let alone 50x, I will sell it as soon as I can, a huge profit that we are not always able to achieve. Probably it will still go up to 60x or even 100x, but it may also be able to adjust to 0. Since no one can predict the future, we should know when to stop being greedy, greed will kill us.

Mame89

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sometimes greed leads to nothing, it's better to get enough with 2x the results are good. than there is no end that we expect. yes, even though there can be miracles in the crypto world, it must be logical by looking at whether it will be able to reach high prices. I've experienced expecting more with my saved coins but to no avail, should have been given a profit should sell, and wait for the coin to fall again and buy again, the nature of the coin is volatile

batang_bitcoin

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If I analyzed it correctly, if OP by the time of posting this thread and he's on profit. He had profited more last year and if he's still holding it and missed last year, he's still in profit today and it's still a lot to calculate. But we have no more update from OP since his last online was last year.
Well, I don't like this token but seeing people winning their investments is making me happy and hopefully if ever he has sold, he's made a lot of money and very much satisfied with it.

sumant

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Selling any crypto who has already given 50x is not a bad habits. Any crypto or share given 50x we should sell and take profit. We don't know when there will come big correction or might go with hackers so taking profit is always handful. But in some case if you want to hold more then you can sell only 80 or 90% to hold some. Take profit and look for another undervalued project to start an another journey.

DanWalker

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Quote from: n0ne on July 25, 2022, 03:17:44 PM

Quote from: lalabotax on July 23, 2022, 05:56:56 PM

Once it gained 50x, it should be the right time to sell. To be honest, if I have some HEX, I will sell all of them if they can rise 50x. HEX isn't a top coin, the price won't always increase and we don't know how long it will survive. Rising 50x is quite enough to take profit, better to secure the profits and move our funds to top coins. There are too many top coins at cheap prices, why do we need to hold HEX again? Wink

Agreed, there is always a difference between the top coins and rest of the coins. As OP have already had a 50x growth on the investment, then it is time to book the profit and wait for an opportunity to buy at a lower price. If not it is time to take the profit and move the profit into some leading cryptocurrencies in the market. As mentioned, these won't show similar signs of growth throughout. So, it is good to make use it at the right time.

Not only with HEX but with any altcoin that makes more than 50x profit, I will sell it immediately, if it is a top coin then I might consider buying it back after it corrects.

The price of a coin will not go up forever and we are here to make a profit, so we should sell the coin as soon as it becomes profitable. Excessive greed will usually not bring you a satisfactory result.

n0ne

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Quote from: lalabotax on July 23, 2022, 05:56:56 PM

Once it gained 50x, it should be the right time to sell. To be honest, if I have some HEX, I will sell all of them if they can rise 50x. HEX isn't a top coin, the price won't always increase and we don't know how long it will survive. Rising 50x is quite enough to take profit, better to secure the profits and move our funds to top coins. There are too many top coins at cheap prices, why do we need to hold HEX again? Wink

Agreed, there is always a difference between the top coins and rest of the coins. As OP have already had a 50x growth on the investment, then it is time to book the profit and wait for an opportunity to buy at a lower price. If not it is time to take the profit and move the profit into some leading cryptocurrencies in the market. As mentioned, these won't show similar signs of growth throughout. So, it is good to make use it at the right time.

lalabotax

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Once it gained 50x, it should be the right time to sell. To be honest, if I have some HEX, I will sell all of them if they can rise 50x. HEX isn't a top coin, the price won't always increase and we don't know how long it will survive. Rising 50x is quite enough to take profit, better to secure the profits and move our funds to top coins. There are too many top coins at cheap prices, why do we need to hold HEX again? Wink

Ararbermas

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If i were on that situation i will gonna run the profits instead of waiting for something that we don't know if it's possible to happen. Btw I'm talking about such gained, because you know usually afterwards the growth rate of some token always suddenly collapse without knowing.. Infact its very rare to see such achievements nowadays in crypto space because mostly failed to make progress because of some factors.. So imagine you if you missed that 50x because you expected more which is common mistakes when it comes hodling.

slaman29

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Quote from: RussiaUkraineTranslation on July 21, 2022, 08:16:10 AM

Quote from: slaman29 on July 21, 2022, 03:24:52 AM

No Utility = not real = no value = pure speculation

But people get paid out in HEX, not ETH no? So your argument is wrong. That said, I do think the original contract lacks utility and that's why I think MAXX finance could surpass HEX in market cap and adoption.

Yes but none of that is worth anything unless you swap for it at liquidity pools. Where do you think the supply on ETH comes from to put up the HEX/ETH liquidity pools? That is the real pay out. HEX is not a pay out. Real payout is ETH. I guess now even more token pairs but I am assuming since they took people's ETH, the first pair must have been HEX/ETH.

And that fits my whole point of utility. If you cannot use a coin/token other than to TRADE for it, it has zero utility.

Can MAXX finance be used to pay for anything at all in this world?

My argument is not wrong, it is semantics.

And you still skipped around the fact that you replied to a 1-year old post Wink

Why lol

Quote from: tbterryboy on July 22, 2022, 02:31:29 AM

Given for free but also sold for eth? That seems confusing but locking the coin and then getting paid is called staking. You mentioned something about ubi, I already heard it before in good dollar. It's a kind of crypto project but they don't have a value until now even the project was released long time ago.

Hex may not have a utility but this is still real and they have value (price) although yes they are purely based on speculation. Many are saying that the coin was a scam. That might be true. The ones that sell the coin early when it was still pumping are lucky but those who didn't, they better sell it now, when the coin still has a value.

What's so difficult to get about that?

HEX was airdropped: free.
You could also obtain it by " investing" ETH : sold.

Then because you couldn't do crap with it, you could only stake it. WOW magic utility.

tbterryboy

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Quote from: slaman29 on July 21, 2022, 03:24:52 AM

Apart from replying to one of my posts from 1 year ago, you should have a think about how HEX pays people out.

I can't be bothered right now to look up old articles but even blockchain trails showed that indeed, money (ETH) came from new investors.

HEX was given out for free yes. But it was also sold for ETH (you know, lock ETH and get HEX). They gave much more APY for those who locked longer, but paid out a lot also... from where do you think the ETH came to pay people out?

It got a lot of flak because it was sold as a magic money for free, it was sold as Universal Basic Income, when it was nothing like a real UBI scheme should look like.

You can put on make up all you want on a pyramid scheme (no real value other than people dumping more money into it and hoping they get out before it crashes) but you just said it yourself. Put 100 DAOs, put a governance fund, put an insurance fund, add all kinds of revenues, you will still end up failing if there's no utility. Look at Terra. Look at HEX now even, over 90% away from ATH.

No Utility = not real = no value = pure speculation

Given for free but also sold for eth? That seems confusing but locking the coin and then getting paid is called staking. You mentioned something about ubi, I already heard it before in good dollar. It's a kind of crypto project but they don't have a value until now even the project was released long time ago.

Hex may not have a utility but this is still real and they have value (price) although yes they are purely based on speculation. Many are saying that the coin was a scam. That might be true. The ones that sell the coin early when it was still pumping are lucky but those who didn't, they better sell it now, when the coin still has a value.

RussiaUkraineTranslation

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Quote from: slaman29 on July 21, 2022, 03:24:52 AM

Quote from: RussiaUkraineTranslation on July 20, 2022, 08:16:02 AM

Quote from: slaman29 on July 22, 2021, 02:06:00 AM

Seeing as that you're a signature campaign participant for "Appreciate Coin" I guess I shouldn't expect any less of you;)

I wonder what "progress" you read from HEX. You know it was a pyramid scheme from the start right? Buy more, convince others to buy in and lock it for as long as possible, and then hope you cash out before others do?

I wouldn't call it a pyramid scheme because profits are not paid out from other investors, they are paid from inflation and withdrawal fees. HEX was a good idea but did get a lot of flak because of how simple it was and the lack of real world utility. MAXX finance and other newer contracts improve upon HEX by adding additional revenue sources to the protocol and a DAO to manage the project and profit dispersion to stakers.

Apart from replying to one of my posts from 1 year ago, you should have a think about how HEX pays people out.

I can't be bothered right now to look up old articles but even blockchain trails showed that indeed, money (ETH) came from new investors.

HEX was given out for free yes. But it was also sold for ETH (you know, lock ETH and get HEX). They gave much more APY for those who locked longer, but paid out a lot also... from where do you think the ETH came to pay people out?

It got a lot of flak because it was sold as a magic money for free, it was sold as Universal Basic Income, when it was nothing like a real UBI scheme should look like.

You can put on make up all you want on a pyramid scheme (no real value other than people dumping more money into it and hoping they get out before it crashes) but you just said it yourself. Put 100 DAOs, put a governance fund, put an insurance fund, add all kinds of revenues, you will still end up failing if there's no utility. Look at Terra. Look at HEX now even, over 90% away from ATH.

No Utility = not real = no value = pure speculation

But people get paid out in HEX, not ETH no? So your argument is wrong. That said, I do think the original contract lacks utility and that's why I think MAXX finance could surpass HEX in market cap and adoption.

slaman29

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Quote from: RussiaUkraineTranslation on July 20, 2022, 08:16:02 AM

Quote from: slaman29 on July 22, 2021, 02:06:00 AM

Seeing as that you're a signature campaign participant for "Appreciate Coin" I guess I shouldn't expect any less of you;)

I wonder what "progress" you read from HEX. You know it was a pyramid scheme from the start right? Buy more, convince others to buy in and lock it for as long as possible, and then hope you cash out before others do?

I wouldn't call it a pyramid scheme because profits are not paid out from other investors, they are paid from inflation and withdrawal fees. HEX was a good idea but did get a lot of flak because of how simple it was and the lack of real world utility. MAXX finance and other newer contracts improve upon HEX by adding additional revenue sources to the protocol and a DAO to manage the project and profit dispersion to stakers.

Apart from replying to one of my posts from 1 year ago, you should have a think about how HEX pays people out.

I can't be bothered right now to look up old articles but even blockchain trails showed that indeed, money (ETH) came from new investors.

HEX was given out for free yes. But it was also sold for ETH (you know, lock ETH and get HEX). They gave much more APY for those who locked longer, but paid out a lot also... from where do you think the ETH came to pay people out?

It got a lot of flak because it was sold as a magic money for free, it was sold as Universal Basic Income, when it was nothing like a real UBI scheme should look like.

You can put on make up all you want on a pyramid scheme (no real value other than people dumping more money into it and hoping they get out before it crashes) but you just said it yourself. Put 100 DAOs, put a governance fund, put an insurance fund, add all kinds of revenues, you will still end up failing if there's no utility. Look at Terra. Look at HEX now even, over 90% away from ATH.

No Utility = not real = no value = pure speculation

RussiaUkraineTranslation

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Quote from: slaman29 on July 22, 2021, 02:06:00 AM

Quote from: Clavulanic on July 21, 2021, 07:48:14 PM

As I read the progress of HEX, there's a lot of factors that probably help the price increase more than has been predicted. That's why there's always a room for everything and as their community remains lively all things are possible to happen 50x or above potential. Don't ever sell, just keep on holding when you're an investor for this coin.

Seeing as that you're a signature campaign participant for "Appreciate Coin" I guess I shouldn't expect any less of you;)

I wonder what "progress" you read from HEX. You know it was a pyramid scheme from the start right? Buy more, convince others to buy in and lock it for as long as possible, and then hope you cash out before others do?

I wouldn't call it a pyramid scheme because profits are not paid out from other investors, they are paid from inflation and withdrawal fees. HEX was a good idea but did get a lot of flak because of how simple it was and the lack of real world utility. MAXX finance and other newer contracts improve upon HEX by adding additional revenue sources to the protocol and a DAO to manage the project and profit dispersion to stakers.

slaman29

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Quote from: Clavulanic on July 21, 2021, 07:48:14 PM

As I read the progress of HEX, there's a lot of factors that probably help the price increase more than has been predicted. That's why there's always a room for everything and as their community remains lively all things are possible to happen 50x or above potential. Don't ever sell, just keep on holding when you're an investor for this coin.

Seeing as that you're a signature campaign participant for "Appreciate Coin" I guess I shouldn't expect any less of you;)

I wonder what "progress" you read from HEX. You know it was a pyramid scheme from the start right? Buy more, convince others to buy in and lock it for as long as possible, and then hope you cash out before others do?

Clavulanic

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Quote from: Emma Chamberlain on July 24, 2020, 03:47:26 PM

https://coinmarketcap.com/currencies/hex/ https://twitter.com/HEXcrypto/status/1286235627080613889
I know HEX is already the top gaining crypto of 2020 but I would like to hear from other hex investors on this forum. I accumulated at 1 satoshi about 70million hex but unsure on whether to sell now or wait a few years? Its worth about 300k usd if I dumped it all now but that isn't ever much compared to what it could be possibly?

Do you all think hex can really go past bitcoin like richard heart says? I know defi is huge right now and HEX being the first decentralized certificate of deposit is a big deal.

As I read the progress of HEX, there's a lot of factors that probably help the price increase more than has been predicted. That's why there's always a room for everything and as their community remains lively all things are possible to happen 50x or above potential. Don't ever sell, just keep on holding when you're an investor for this coin.

Diamond Rolex

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HEX is the greatest store of value in the crypto market and the only thing I would recommend buying during this bear market.

guydin

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I usually judge from a market: if Bitcoin feels good, I can hold a bit more, but as soon as I see even a small decrease, I mean 5%, I sell immediately 70% of this token. And if it is a coin with unclear idea or it is a meme coin I sell all of them. But the disadvantage of this approach is that you have to constantly monitor the chart, so I definitely prefer long-term investments in fundamental currencies.

arditiyan

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Quote from: Xinarae* on July 16, 2021, 10:05:54 AM

It is very difficult to predict when the price of a currency will go up to hold other currencies including HEX. But I think you have to hold on a bit for the price to go up and down and invest in other currencies that have higher demand in the market at present, the prices of currencies are much lower depending on the market conditions so they should be held without selling.

Yes, that's right, we actually have a hard time predicting prices. the most important thing is that we can try to hold a little. maybe 70% sell to get profit when it goes up and, 30% hold to reserve if one day the price goes up.

Boomber

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Quote from: Emma Chamberlain on July 24, 2020, 03:47:26 PM

https://coinmarketcap.com/currencies/hex/ https://twitter.com/HEXcrypto/status/1286235627080613889
I know HEX is already the top gaining crypto of 2020 but I would like to hear from other hex investors on this forum. I accumulated at 1 satoshi about 70million hex but unsure on whether to sell now or wait a few years? Its worth about 300k usd if I dumped it all now but that isn't ever much compared to what it could be possibly?

Do you all think hex can really go past bitcoin like richard heart says? I know defi is huge right now and HEX being the first decentralized certificate of deposit is a big deal.

I'm sure if the price of HEX can still increase, but in my opinion HEX will never be able to past Bitcoin, but my advice if you are satisfied with the profit you get from investing in HEX, then you can sell HEX and invest in another altcoin that have the potential for the price to increase 50x-100x too.

Chato1977

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Quote from: Emma Chamberlain on July 24, 2020, 03:47:26 PM

https://coinmarketcap.com/currencies/hex/ https://twitter.com/HEXcrypto/status/1286235627080613889
I know HEX is already the top gaining crypto of 2020 but I would like to hear from other hex investors on this forum. I accumulated at 1 satoshi about 70million hex but unsure on whether to sell now or wait a few years? Its worth about 300k usd if I dumped it all now but that isn't ever much compared to what it could be possibly?

Do you all think hex can really go past bitcoin like richard heart says? I know defi is huge right now and HEX being the first decentralized certificate of deposit is a big deal.

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Never be so Greed , if you already Gain x10 that is so much enough to collect so what more that x50?

You are a Damn Greed and hope you will never regret having that attitude in crypto investing.

Quote from: BobK71 on July 18, 2021, 05:31:16 AM

If you already got 50X Profit then It's too much. You should sold your HEX now. or you can sold your 70% HEX of Total Amount you holding and rest 25% keep holding hardly for a long time.

That is the reality he must understand , 50x is so much higher than 10%.

Topic: Sell or keep holding HEX? already gained 50x (Read 1727 times)