Investment advice needed from experts

[Smitty Werben Man Jensen]

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

in my opinion if indeed the development project or altcoin you are holding is still running, then you can hold on to it,
don't sell cheap!, look at Waves, now it's back to $ 3, because this project is really going well

[someone703]

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.

The more profits, the more risks there will be. So do not be greedy in this market, Defi is very profitable but not too many people get those profits. And I've seen a couple of Defi projects crash over the past few days, its value has dropped more than 98%.

[AakZaki]

with $ 3000 why don't you choose BTC or ETH. $ 3000 is more than enough, even large enough to be an investment. Don't you do your research first about the coins you choose when they are invested. I even just heard about the ESH (Switch) coin. looks unpopular.
A good and not misleading recommendation is to invest in bitcoin or Ethereum, which is what many experts recommend.

[lousie9]

As long as the project development progresses, I don't think you need to switch to other investments, let alone hear that you have suffered huge losses with coins (Switch), maybe stick with the first decision. at least wait for the coin price to rise or until you can recover your loss capital at that point. but if you want to switch to another coin then I suggest BTC which is safe for investment.

[RabbiTANK]

OP you should have invested that money into top ten or top five altcoins in crypto space, Bitcoin, ethereum, ripple, Neo are better choice for your money, for you to recover now its better to keep holding since development is still ongoing

[jerrison]

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

Crypto is long term. If you have to invest in any crypto project the first thing to consider is to firs thave patience as it is almost impossible to invest in projects and have profit on investments you made not too long  along. If you know the project is stil working, keep holding cos the news updates also influences the price positively.

[semobo]

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

Just move to another coin, don't waste your time bro because its not a bitcoin so it has less chance of survival.Even though the project is getting developed continuously it will be harder to survive from that much deep price fall.

[lebregone]

If you lost with it then your decision is not a wise move. A wise move will be to profit whether that certain project keeps on developing their platform or not.

You've lost a big amount already, it will be good if you will consider it as your bad experience in investing. You should always put a stop loss in every investment
that you will try to invest in so you can avoid lossing too much money from a single investment. It is not bad if you trust them as they continue to develop their project
but your decision is not a wise move knowing that you lost 2600$ from it.

[adzino]

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

You will be getting a lot of false hope from here. To be honest, most people over here are not "expert" but they try to act like one! So, don't take any of their suggestions seriously.
As for coins with continuous development but bad value, are you sure they are making progress or they are just "all talk, no work"? Value also depends on the supply and how they are being distributed. Do more analysis of the coins you have invested in and YOU decide if you should hold or sell it.

[atamism]

I'm not expert in investing but since I start doing this stuff, ETH is one of my prospect coin since then, until now i still have faith in ETH though I can't invest. Maybe right time will come  , the time I can buy ETH to start. We all know this particular coin is potential coin.

[aemma]

I am not into this coin so I don't know much, how active the team are and what they have in stock for their community. So, if you can check the platform to see if the team are really active, if the team really have things or rather good developments coming up then you can hold. But if they are no longer serious like the used to be and the community themselves, if they have lost interest then you can sell because once a community lose Interest in a project, it will only keep dumping unless the team do something fast about it.

[coinfinger]

Nobody could know if a coin would go up or down, so we can't say if you should throw that coin away or not neither, the only thing any "expert" can tell you is their own prediction but it is just that, a "prediction" so I do not think you should move according to anyone's ideas. If it was me I would personally wait for a coin that constantly gets development and bad value, that way I would know that it could potentially worth something one day if one of those developments actually make it to higher stage.

However I actually done something similar and in return I lost money, I was involved with Nano that constantly gets developed and the price plummeted and never really recovered. So in the long run I would say that you should probably focus on what you think about that specific coin and not type of that coin.

[Perfect35]

Investing in a coin that has dropped som much happens a lot in this space. In the case of the author, the amount of loss already might not be easily recovered except he is good at trading, because he might make a mistake that will result in drastic and an unbearable loss again. Since he has lost in a coin that is still being actively developed, he can still wait to see if there will be a recovery, although, it might not be as much as what he invested with, at least, he might be able to recover part of his fund.

[alisonwonder]

Investing in a coin that has dropped som much happens a lot in this space. In the case of the author, the amount of loss already might not be easily recovered except he is good at trading, because he might make a mistake that will result in drastic and an unbearable loss again. Since he has lost in a coin that is still being actively developed, he can still wait to see if there will be a recovery, although, it might not be as much as what he invested with, at least, he might be able to recover part of his fund.

I think you have to be careful when investing in coins whose prices are still cheap because it will provide a very high risk, one of the biggest risks is that you might get stuck at high prices and make you lose, so stay alert when you want to buy coins At a low price, make sure it has very good potential for example it has a very high demand.

[Zemomtum]

The loss is huge and it is not the best time to quit after over 90% loss. If they continue to build and there is feedback to the community in a timely manner, things will surely turn-around somehow someday.

[WalkerIVIV]

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

Imagine when you can use your old funds to participated in the serum IEO and you can earn more than 20x instantly. This project is a very bad choice to be choosen as your long term investment and i hope you can try to re consider this project again.

[fosco333]

Although im not expert, i have some experience in holding some coins.
First you need to find out why the coin price keep falling. If it was because other investors sold them, its ok, but if it was because the team sold it, then you should dump it as well and look for other coins. Some investors might dump the coin because they think they found a better project.

[tvplus006]

As long as the project development progresses, I don't think you need to switch to other investments, let alone hear that you have suffered huge losses with coins (Switch), maybe stick with the first decision. at least wait for the coin price to rise or until you can recover your loss capital at that point. but if you want to switch to another coin then I suggest BTC which is safe for investment.

No one disputes the fact that BTC is a great investment object, but we must remember that it will not be able to return 1000%. which OP lost by investing in Switch. Therefore, I believe that the OP should continue to hold the switch, since there is still the prospect that the price of this coin may return to the previous one.

[Psynthax]

As long as the project development progresses, I don't think you need to switch to other investments, let alone hear that you have suffered huge losses with coins (Switch), maybe stick with the first decision. at least wait for the coin price to rise or until you can recover your loss capital at that point. but if you want to switch to another coin then I suggest BTC which is safe for investment.

No one disputes the fact that BTC is a great investment object, but we must remember that it will not be able to return 1000%. which OP lost by investing in Switch. Therefore, I believe that the OP should continue to hold the switch, since there is still the prospect that the price of this coin may return to the previous one.

The reason why it wont return that much is because it's definitely a less risky option than the coinwhich OP invested. if it could return that much that means the risk is higher which as you can see has happened to OP which is losing money due to the humongous risk. expecting 1000% return is honestly too much.

[princecharles]

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 must confess that you're a loyal holder. In fact you're a good man and deserve an accolade for staying with the project despite the overwhelming drop in value. It's sincerely not worth selling now, because you're be at loss and would regret your decision if the project picks. I'll advise that you remain loyal to the project and hopefully your loyalty would pay off.