Bitcoin Forum

Hello mates!
I bought some pundix because of the hype prior to listing on Binance. I was expecting the price to quadruple when it gets on Binance. Lol and behold it started dumping on Binance and has been dumping ever since. There is a snapshot for monthly unlocking of tokens for holders today. I was banking on this to push up the price too. But the reverse was the case. I am expecting massive sell off today after the snapshot. Should I sell off now and buy later or should I just HODL on? Please advise

Just because the whole market is in a downward trend.
If you are willing to hold NPXS for a long time, I suggest you keep it, because you can get a monthly dividend.

Don't loose hope yet. The fact tgat a coin has been listed in Binance doesn't mean it's gonna fly very high in orice. The general market fundamentals affect every coin and so have patience. The market is generally down

The pattern of holding the dividends is similar to a kind of money trick. I have never seen this model succeeded, because the more you hold, the more you have to share, it is obvious that the whale can pass this way easily controls the price, while the average player can't profit at the end.

You have been FOMOd my friend. When a coin starts to pump even before the even that is the cue that you should get out of the coin immediately. That would be a lesson learned to you after all.

That is not because Pundix project failed, or investor/trader thought that Pundix is not worth it. It also because the current crypto market condition, all crypto market, in general, is dumped. However, if you check the volume on some of major and minor exchanges, they already increased. Selling your coin right now might make you regret your decision when you see the price is going up. Keep hodling.

This project is very good. Offline has already been popularized in many stores, and the payment terminal has also been upgraded with many versions. Therefore, I am still optimistic about its future, because few of the current projects are actually applied.

this often happens when a coin grows in value for a long time, then it falls on good news, people just start leaving a coin at a good price. You do not need to sell a coin negatively, learn to wait.

We're in the same ship man, I bought pundi x somewhere around 110 sats and the price has been declining since then. Today, being the snapshot date for unlock tokens, I'm monitoring the pundi x market. Immediately after the snapshot, I will be on the lookout. If it looks to be dumping, I will sell my stash and buy back lower. But It can go sideways (That is, pump after airdrop snapshot) That's what I would do, monitoring.

Pundi X has been growing so fast before listing on Binance, since started tradeable until now the price already going up more than 15 times, and i think that why difficult for Pundi x to going up again , but this project is has very strong fundamental and also have working product ,so the community should be larger and the price will keep going up in the long term.

dropped its price pundi X for me because some people are panicked because see wallet from pundi X has been hit by phishing https://etherscan.io/address/0xf6884686a999f5ae6c1af03db92bab9c6d7dc8de some people panic and sell all the coins they have for more you can read here https://medium.com/pundix/a-step-by-step-resumption-of-npxs-transactions-7157c68fdf2f

If you sell not without getting any losses wh not to sell but if you buy really on pump and the buy price has a big gap on sell price so hold it a little longer and wait to pump to avoid losses selling will not give you any profit  no choice to hold. Well pundi x is a good token so pray that pumo will occur very soon

Whole crypto market is in downtrend right now. I think pundix is going to bounce back again. They have a really good concept and product. Just wait till the end of the year cause we might see a new ath for the crypto market.

Pundix，I know this project.I heard about this project a long time ago and their products have been put into use.What is the current price? I just went to Binance and didn't see PXS, nor did I see Pundix. I don't know what's going on. This project should still have potential.

unfortunately now have to wait from the market of the advantages is not necessary,as the market is in downtrend..better to hold the coin till the best times

This project has exchanged coins once, and then the total amount has increased by 1000 times, and the price can still be so high, it is really not easy, which also shows that it is favored by many people, but the recent market is not good, so a lot of decline

Lol, buy the rumour, sell the news. You bought the news. It had already gone up too much before it was listed on Binance. Looks like a good long term hold though.

I also think that it is better to leave the coin and wait until the market changes the trend. After the market recovery, many coins will grow in price at times.

The price of the token has now lowered due to a general decline in the entire crypto-currency market. Wait a bit and if the price does not return to the top, then you can already sell.

Well you bought after it had already pumped. It's a good project though so it should do well for you long term anyway if you hold on to it.

I advise you to sell half the tokens, and count the other half of the tokens in the future.

Owk thanks, but how does the monthly dividends work?

You a had a misconception about the gains you expected from Pundix, the coin isa developing coin which will need to take time before it grow. I would advice you become patient  and wait for sometime to see its performance. Thanks

The whole crypto market is down now. This affects the existing coins and newly listed tokens. When a token is pumped it is wise to sell the token, holding it a mistake. Now you can wait and hold it so that when the market will revive you can sell them.

In that complicated case you can only end up with the HODL option. Believe me that is the best saviour of life! You can not gain profits as long as you dont sell your stuff at higher prices than what you bought at. (Thats logical). But people fail to hold their breath until they see such hikes, gets panicked, and loose control over sell button and press it. Its just that, Pundix is overhyped now and as you stated lots of sell walls being generated meaning its gonna take long time to recover for it. So better HODL, stay calm!

I really like the coin that really will already work in real life. You will also receive interest each month if you simply store these coins in your wallet

If we can't distinguish the scam, don't invest a lot of money into the cryptocurrency. This is undoubtedly putting yourself in a difficult position. When trading, you have to look at the use of money, development, trading volume, market reaction, etc.
If you have lost a lot of money, then sum up and think in this lesson.

I quite agree with you mate. The rich getting richer. So many manipulations in cryptosphere. It's the survival of the fittest

Here's my conclusion about that. The holders get more token and they can send it directly to the binance and dump it instantly. I could say that there is a lot of bounty hunters are still holding their shares too. I will give another impact to the price of pundi itself.

I must suggest that you should hold that for some time. Market is on downtrend and wait for this to comeback, it might happen before the year end. Just endure the pain in your eyes and focus on the positivity of the project. But the end of the day you will be the one to decide. Just a matter of time.

I think that not only this project, but also many projects are falling in the normal market downturn. I am very uncomfortable. I can understand your mood. All I can do is wait because I think the coins I invested are still better. Will not sell blindly, waiting for the market to pick up

Thanks for the tips mate. I do appreciate it

I am out already. It was actually a good decision. I sold at exactly the time of the snapshot. So did many people. No regrets. I have moved on. Thanks anyway for the advice

I sold  Pundi at gain, but if you buy that out FOMO it's better to hold it and wait for the market to bounce back.

actually i was not expecting a pump when it was listed on binance but iwas not expecting a dump either. because the volume on idex was pretty high before it is listed on binance. i dont know why it is dumped on binance but not on idex.

Like others have said, the market is very volatile and has been in a downtrend for many months. Altcoins generally will be riskier than bitcoin, and one way to minimize risk is by diversifying. If you don't put all eggs in one basket, you will have more peace of mind.

and it seems that what happened at the beginning of this month the market situation began to be in the healing period, and just look at almost all the coin turn green, hopefully is gets better

Sad, but  true it happens and experienced it. When there is a hype and start to pump, big holders start to sell. Learn the time Accumulation and Distribution period. Buy when its amassing support an sell  for distribution when there is a hype or positive update. This maybe not true to some coins but it work for me.

The project is promising and if you can wait, then hold it. The fall of the prices in the current situation is normal.

I think you might have the wrong strategy, because when it comes to the exchange of modern currencies, prices can go down dramatically.
So I think your strategy is dangerous.

Hold on! Keep holding just like i did and keep buying when it goes down b.ecause it has a monthly airdrop which is 7% of your holdings .

Stop worrying because of the losses that you get making investments in the crypto currency. Even the best coin can survive difficult times. In the case of the Pundi X, the potential is huge, just patience!

I will like to suggest that you should not loose hope and be patience to hold this coin because I believe this happened because of the general trend of the market this period as all other con which are even very potential and stable are at very low price now. Maybe you should hold until the market recover before you decide on what to do with it.

There's nothing wrong with the project it appears the token price was inflated in anticipation of it listing on that exchange so the value didn't appreciate further afterwards

Not all assets behave the same when new milestones are achieved, partnerships get announced or listing on bigger exchanges occur

If you choose to HODL it should eventually regain its value

It was a mistake to buy a coin hoping for growth in a falling market. But the coin is promising, I think that it is necessary to HOLD.

PUNDI X is for long hold I suggest you hold it and since it is on binance I believe that binance is on the lists that can receive the monthly airdrop without withdrawing your npxs. Yes, its frustrating seeing the value of npxs dump as hours pass by that is because of the whales trying to manipulate npxs. But you will never lose when there is no action performed. I suggest to hold till the montjly airdrop ends. Or you can play with your coins to increase it over time.

Why did you think that a token getting listed was going to miraculously duplicate it´s value? Don´t you see the market is on a bear - lateral trend? PundiX may be good long term, that´s all.

Not always listing a token on a large exchange is accompanied by an active growth and now you are sure of it. If you do not need the money that was invested in PundiX, then do not sell it.

Bitcoin has broken our hearts, thus almost every altcoin broken our hearts. This is how it is, not just Pundix. I would suggest keep hodling your tokens and get monthly airdrops for free. When the market is up, Pundix would be one of the first tokens which will be highly profitable in my opinion.

Despite the fact that the market is not in its best form, I would recommend that you leave and hold until the market recovers, but it's yours!

Do not lose hope yet, cryptocurrencies are highly volatile, which makes predicting the market difficult. There are good chances that the price will increase still.

You are not alone in this shit show, i was expecting the price to go up after listing in a major exchange like Binance and purchased a huge amount of coins expecting a spike but the trend reversed and i am not even sure what caused that reversal, they are launching many projects and are in the right direction as per their team announcement but the price keeps on declining, either way it is a really interesting project and hope the downward trend reverses soon.

It was quite unfortunate. I suspect Whales manipulating the price. I already sold and moved on. I am solely a trader, I am a speculator, only in it for the money. No emotions invested