kindbtc
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Merit: 12
SAPG Pre-Sale Live on Uniswap!
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August 12, 2020, 04:06:15 PM |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
If you have already spotted more better coin and entry then you may flip from that but doing so may be risky as you may face even more downside in second coin so you have to set your own strategy by calculating risk to reward ratio.
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Bitstar_coin
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August 12, 2020, 04:50:39 PM |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
This is not false hope, esh is a good project as far as i can tell from all the hardwork the team have put on the project, sometimes we tend to give up on a project and sell immediately because the price is down but at the long run the project will come to surprise us, my advice is not to sell, I also have some few else I bought because of Ghost airdrop, am still holding because I believe the team will do their best so the value will increase again.
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Divinespark
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August 12, 2020, 05:03:00 PM |
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How much money did you invest in that project? If you invest more than $ 2000 and lose $ 300-400 then I think you should get out of this project and go to other better projects to invest, this is just a small project in this market. And I don't see any potential for it to grow in the future
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joinfree
Sr. Member
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Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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August 12, 2020, 05:17:29 PM |
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Sorry about your losss man, that token from Mcfee really saw some huge rise and i think you missed the rise. Frankly speaking they have another coin called SWITCH and that seems to be doing pretty well, if you were holding your ESH then you should equally be having the new token called switch and that is doing pretty well on the market. maybe sell the switch and keep on holding on the ESH. You never know this can turn into something great in future.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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Squezzi55
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Activity: 266
Merit: 11
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August 12, 2020, 06:11:42 PM |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
It's kinda true that if you keep holding you might even lost the 400$ but that doesn't mean this project won't do wonders because it's an dex exchange token I guess and again they are planning to introduce gambling platform, this sounds good enough to keep holding
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irixo10
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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August 12, 2020, 09:16:42 PM |
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You followed the hype it caused I guess, that's by the way. You invested 3000$ and it turns to 400$ I think the time you would have sold has passed now it's time for you to hold. Like you said, the team are active that means they will likely bring a huge development that will turn things around. Also, depending on how active they are, you might not fully recover everything but will get a good chunk out, so that is, hold do not sell.
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Kasabus
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August 12, 2020, 09:35:10 PM |
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You followed the hype it caused I guess, that's by the way. You invested 3000$ and it turns to 400$ I think the time you would have sold has passed now it's time for you to hold. Like you said, the team are active that means they will likely bring a huge development that will turn things around. Also, depending on how active they are, you might not fully recover everything but will get a good chunk out, so that is, hold do not sell.
With this huge loss of yours, i think holding it maybe the best option. Just wait for a while for the project to recover and hopefully its value will surge again when you least expect it. Having stop loss at this time will just cause you a big loss so take the risk while holding it for another quite of time. If the project has really potentials, then learn to trust it.
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BeginToMine
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Merit: 101
https://www.payaccept.net/
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August 12, 2020, 10:15:34 PM |
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In Crypto it's really good to investigate before investing. FOMO is real, the fact you invested with such amount out if hype and FOMO and you didn't sell off when you should have, I would advice since they are on development you should just give them little more time to to finish of their development because the coin you are going to buy may end up turning your 400$ to 0 or increase it. Just hope for the best from the project so you can recover your loss.
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Reatim
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August 12, 2020, 10:21:30 PM |
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Its a big loss mate why you decided to invest all of it in one token? To gain more profit? If Im in your situation and as you said the development is ongoing, I will most likely wait a few more months than to sell to cut your loss, just be patience, you invested on them then trust them.
You already waited and lose the value of your investment, if you believe that the project still on its way for developing more then better to keep your assets. Cutting loses with that huge amount it's really a big gamble, and you are not even sure if after you sell it out and but another project then you'll be more successful. You need to think twice and do more deeper analysis before listening to any opinions that will be brought here, it's your money to take care so make sure to balance everything and not just be carried away by the current situation. Remember you are inside crypto industry accept the fact that volatilities will make you lose or do the other way.
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pixie85
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August 12, 2020, 10:43:50 PM |
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I don't know much about the project but I can tell you what I read from the chart.
This was a pump and dump project like many other similar worthless shitcoins. It's not an oscilator but a degenerator. It doesn't follow the general trend in crypto but has its fake pumps and then dumps back to the mean.
If you bought during the pump you can still wait for another one but in general you'd do better with any of the oscilators like ETH or ADA than this crap.
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maiden
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Merit: 11
Chainjoes.com
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August 13, 2020, 02:39:41 AM |
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Crypto is unpredictable, you invested in this ESH for a reason, I think you need patience since development is still ongoing, you might end up been surprised what the future holds for this project, non active team is another thing entirely but that's not the case here.
Im not an expert when it comes to investment, but i have a background knowledge since we have Investment subject way back.. before you decided to invest on something, make sure that you're doing research and background investigation . also I advise that we should not put all of our money on 1 basket. One of the most important ways to lessen the risks of investing is to diversify your investments.
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Inkdull
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Activity: 238
Merit: 10
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August 13, 2020, 08:41:31 AM |
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The biggest mistake here is going all in on this ESH only, it's a perfect example of putting your eggs into a single basket, if it fells you lose it all, diversification is the best strategy for any crypto investors who know what they are doing, learn from this, opportunities are always present and don't give up
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fauzan123
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August 13, 2020, 08:46:30 AM |
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invest filled with accuracy we must be able to master all things and don't buy recklessly without without seeing the contents then there will be a big loss I personally see the updates, the volume on Excahnger and always make big news if everything looks good then buy it
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Squezzi55
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Activity: 266
Merit: 11
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August 13, 2020, 08:56:46 AM |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
3000$ for a small marketcap coin like ESH is way too much, you let greed in, thinking you will probably make double of that money, you've learn a lesson here pal, this isn't the end of the road for you but only the beginning big you aren't a quitter, take your loss and invest in other better project and goodluck.
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Aaroenz0r
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Merit: 100
Option Blitz
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August 13, 2020, 09:03:22 AM |
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Crypto is unpredictable, you invested in this ESH for a reason, I think you need patience since development is still ongoing, you might end up been surprised what the future holds for this project, non active team is another thing entirely but that's not the case here.
Im not an expert when it comes to investment, but i have a background knowledge since we have Investment subject way back.. before you decided to invest on something, make sure that you're doing research and background investigation . also I advise that we should not put all of our money on 1 basket. One of the most important ways to lessen the risks of investing is to diversify your investments. That's so true! Investing is not an easy task, therefore, it requires us to have a lot of things. For example, to be a good investor, we should learn proper knowledge, skills, techniques that can be applied to the market. Also, having experiences is quite critical. Skills such as technical analyzing or doing researches are very important. You're also right that we shouldn't invest all of our capital in one project!
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Wingsbtc
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August 13, 2020, 09:06:27 AM |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
I'm sorry for your loss, next time please make diversification rings a bell in your ear before investing in any project, no matter how good a project is always invest some money and not all your money in a single project that isn't Bitcoin or Ethereum
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tvplus006
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Merit: 1944
To the Moon
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August 13, 2020, 10:15:58 AM |
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If you can tell the name of the coin then it would be better to give right advice from the experienced forum members.In my opinion its better to give up on the project since the value dumped over 90% so it will be very hard to recover to its original value for a random altcoin.
I find it difficult to give advice, because the current value of the coin in comparison with the resulting loss is no longer of value. Of course, it would be correct to immediately set a stop loss, which would be equal to a maximum of 30%, to fix the loss and no longer remember about this coin. But at this price per coin, as it is now, I would continue to hold it.
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Genemind
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August 13, 2020, 10:40:58 AM |
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You must have invested when it was on its ATH before the GHOST airdrop. The team of ESH is very active and if you believe that the project has potential then be patient. Unlike many projects, there had been a large development since ESH started. You should've expected the price will get lower once the airdrop is distributed. It's up to you if you can shoulder your loss if you sell your ESH now, but I believe ESH has a long-term potential.
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javainn
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August 13, 2020, 11:23:29 AM |
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Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH
my advice you can throw away and invest in new coins. believe that there are still many good potential coins that can potentially give you a profit of more than $ 3000. You must focus and be consistent with your next trade, so you can turn your losses into profit
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bangkecol
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August 13, 2020, 02:40:34 PM |
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I am sorry to hear about your loss.Switch(ESH) is likely exchange projects. I see that exchange is looks still new. I can't give certain advice. But, if you want to recover your loss, you can try to invest in defi projects. It can give 10x ROI.
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