Topic: Your tokens trading 0.2x in exchange. (Read 355 times)
If you've invested in some ico, not just took it from bounty reward, then better for you don't sell it and hodl as much as you can
That's really hard to say. My opinion is that some research should be done about the project before the coin hits the exchange and based on that decide if it has a good chance of being a shitcoin and hence dump it asap or is maybe a hidden gem. Because if the case is the latter one, then I would suggest to hold at least to the first moon at which point you can sell some percent of it and hodl the rest in case it moons even higher the next time. But, yes, it's really hard to predict these things since everything in crypto is imho luck based to some extent.
This is the most difficult question I'm thinking about at least once a month. Since there has been no growth for the past six months, there was no opportunity to sell tokens from "strange" projects. I have my own classification of "strange" projects. These are good ideas and a hardworking team, but the cost is below ICO in three times. I can not explain this, and I can not say it's scammers, not at all. I call such projects "strange." They are in my wallet since I will not return my investments now. Some of the tokens I sell immediately with a small profit since the idea was rather mediocre.
Hold and if you did your research and still trust the project, buy more once it's cheap! Don't ever get into a position where you can't afford to hold. Even if it's bounty tokens, just hold. You didn't pay any money, so you can't loose any. Any project needs some time to grow and gain hight. And yes, some will crash. So spread your risk and accept that some investments will fail, even if it was a good project.
I guess it must have been a quite bad choice than, and maybe better get out, and find something nicer to invest, rather than insisting to a bad investment.
Everything depends on the amount of investment. If the potential profit is more attractive than the risk of losing all the money - then this should be done.
I advise buying long-term tokens
I advise buying long-term tokens
I once had an airdrop coin that was worth $100 dollars a week before but the value dropped to about $1.5 three weeks later.
Same, I also had tokens that have just literally "died' on my watch (in my wallet), but the difference is they were airdrop/bounty tokens, that we haven't invested in, so when it comes to selling them, the only question is how much we value our time and efforts, and in your case it was just an airdrop, which means that you've spent around 5 mins to get it. But the OP invested his money in his tokens, so it would be useless (profitless actually) to sell now.
I think in real statistic, more than half of all coins going in market for real trading, till in scam zone or in zone of poor things and most of them should to be solded.
It depends on-what task will be solved by altcoin, from his team.Some coins are sold immediately after growth-most of the other hold.
Depends.
It is common practice that price drops after listing.
If you got it from ICO, and project is not dead it is somekind of stupid decision to sell with 80% loss. I believe it is not your last money, so I would wait another months/years.
With bounty rewards, it is up to you. You need just rate job that you involved in this bounty, and if you are fine with reward you can easy sell.
It is common practice that price drops after listing.
If you got it from ICO, and project is not dead it is somekind of stupid decision to sell with 80% loss. I believe it is not your last money, so I would wait another months/years.
With bounty rewards, it is up to you. You need just rate job that you involved in this bounty, and if you are fine with reward you can easy sell.
If it's trading at 0.2x ICO price then I would get out now. It obviously doesn't have much strength if it can't even return to its original price level. It is highly unlikely that it will ever go back above its ICO price, and there are so many more promising coins to invest in that have the potential to 5x or more. Sometimes you have to accept defeat, and take a loss.
And what are the metrics you use in measuring potential failure projects? There have been instances where coins originally thought to have less value have suddenly soared when I sold it. And then I ask myself why I didn't hold on.
If you really believe in the project's success, i think a good strategy would be to buy more tokens at the current 0.2x price in order to average down the amount that you have spent for the tokens. So if you buy enough tokens, a 2X increase from now would be enough to get back to having profit.
I know what you mean. I am now in a similar situation. I made a decision to keep until the price grows.
Although there is a temptation to transfer them into existing coins while the price for them is also low.
I'm in doubt.
Although there is a temptation to transfer them into existing coins while the price for them is also low.
I'm in doubt.
Sell when the ico end and wait and buy 
Why did you get excited abt the project in the first place? Was it to sell at first chance? If you are really invested in the project and its possibilities, then it shouldn't really matter what happens short term. Most blockchain projects need at least a year or more to be able to show anything worthwhile.
If it was all about a quick buck, than I get it, but selling at such a loss is your own choice. If you don't feel invested anymore, then maybe you should move on. Take your losses and put it there where chances are much higher you will make a profit.
I personally accept my losses easily. I have patience and am waiting for the next real bull run, during which all these lesser performing projects will rise out of the ashes too
If it was all about a quick buck, than I get it, but selling at such a loss is your own choice. If you don't feel invested anymore, then maybe you should move on. Take your losses and put it there where chances are much higher you will make a profit.
I personally accept my losses easily. I have patience and am waiting for the next real bull run, during which all these lesser performing projects will rise out of the ashes too
I once had an airdrop coin that was worth $100 dollars a week before but the value dropped to about $1.5 three weeks later. But I'm still holding it because I have faith that it would succeed.
Selling coins at any price is okay for me, as long as you meet your targets and you don't make losses. However I seriously long for the time when cryptocurrencies will be used for what they're intended for.
same thing happend ed with BNK I AM SCARED
If it's trading at 0.2x ICO price then I would get out now. It obviously doesn't have much strength if it can't even return to its original price level. It is highly unlikely that it will ever go back above its ICO price, and there are so many more promising coins to invest in that have the potential to 5x or more. Sometimes you have to accept defeat, and take a loss.
Bounty hunters always needs to be paid, so if they see it for a long time it's better to sell and don't wait more
Hi. You were excited about the project and get into ICO, but once token released and listed on exchange, it pumped and dumped and stabilized the price at around 0.20x from ICO price for a long time, which even with some slight good news, i.e, beta release, did not do much impact in price. What would be your next step? HODL it in anticipation of some great news or sell it?
if your tokens are at x0.2 from ico that means that team sold to many tokens in private with very big discount,selling their own tokens aswell or just overpriced their tokens value, i sold some of such project- exepty and fundrequest, it was good experinece not to invest in such projects in future, so sell and forget about them
This is very often because you need to take into account the fact that the market is not in its best condition, so just be patient and wait for growth!
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