Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: okkez on June 25, 2017, 08:25:15 PM



Title: Dump or hold Lomocoin?
Post by: okkez on June 25, 2017, 08:25:15 PM
Hi,

So I bought into this coin at the wrong moment (pump) around 0.10$ price. Never made this mistake of buying into a pump coin but I was crazy that moment I guess...

So it dropped to around 0.06$ now, and seems to be on a downtrend.
But the coin seems to have an actual use and updates comming.

Information:
https://www.google.nl/amp/s/amp.reddit.com/r/CryptoCurrency/comments/6iwkex/lomocoin_on_the_rise_another_chinese_project/

https://www.google.nl/url?sa=t&source=web&rct=j&url=https://amp.reddit.com/r/CryptoMarkets/comments/6j1dwt/lomocoin_lmc_announcement/&ved=0ahUKEwjAnYjE6dnUAhUCvBoKHaslBBcQFggeMAE&usg=AFQjCNGWK2RlPhwBVrouL6PXIaz11DkdLQ&ampcf=1

https://www.worldcoinindex.com/coin/lomocoin

My question is, should I hold or sell with a huge loss?
What would you do?

Thanks


Title: Re: Dump or hold Lomocoin?
Post by: spleeky on June 25, 2017, 09:25:39 PM
I would hold them, its not a dead coin or something, as you said, updates are coming.
One of the first lessons I learned in crypto is never to panic sell.