Would you try to accumulate now that there is a token pump?

[wxa7115]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

When I read examples like that the first thing that comes to my mind is what kind of strategy people are using when they are investing in those coins, what kind of trader or investor allows himself to lose 90% of his investment in one coin and it is still holding their coins? I could understand if a person did that while holding bitcoin or even ethereum but doing this for a coin which you you do not know if it is going to keep existing is a huge risk.

It is important for people to remember that one of the most important skills that you can have as a trader is to be able to manage your risk and to do so conservatively, many books about trading consider losing 2% of your capital in a single trade to be the most that you can endure in order to become successful long term in any market and losing 90% is simply unacceptable.

[enhu]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

When I read examples like that the first thing that comes to my mind is what kind of strategy people are using when they are investing in those coins, what kind of trader or investor allows himself to lose 90% of his investment in one coin and it is still holding their coins? I could understand if a person did that while holding bitcoin or even ethereum but doing this for a coin which you you do not know if it is going to keep existing is a huge risk.

It is important for people to remember that one of the most important skills that you can have as a trader is to be able to manage your risk and to do so conservatively, many books about trading consider losing 2% of your capital in a single trade to be the most that you can endure in order to become successful long term in any market and losing 90% is simply unacceptable.

The token actaully hit the ATH last bullrun. All of us in crypto has tons of money which I bought more of these token amounting to $60K. I'm the kind of investor thats hopeful but forgets to check for updates. I tend to forget the tokens since we are ll busy on our jobs and trading for USDT is still the one that we normally do here even in the long bear market. 

Now the delima is that whether the token will still hit its all time high after all the volume increased up to $6M still. At the same time I'm in the hurry to profit this time and would like to profit more by holding Aave. Whether to trade to accumulate, wait for the price to hit ATH or dump to buy Aave. These are the options I'm thinking.

[qory]

It depends on the token of course and its volume also in my case I didn't buy a token without looking at its history and what that coin is all about you should consider the use of the token since you don't know whether that token is just for short term and cannot be used in the future.

[Sanugarid]

Ride the hype, quickly quit after profit, and watch them die.

The hype is real these days, I've never seen people who got this hype before, not even in 2017. We see a lot of projects pumping last week, quite silent for now tho, where are the LINK and BAND fans? seems you guys are bit frustrated after seeing the price went down instead of going $20. Sometimes the hype are being started by the team itself, they are just giving you an update which is not that great but sounds great for you. Anyways it is really cool seeing a version 2.0 of something.

[Mahanton]

Ride the hype, quickly quit after profit, and watch them die.

The hype is real these days, I've never seen people who got this hype before, not even in 2017. We see a lot of projects pumping last week, quite silent for now tho, where are the LINK and BAND fans? seems you guys are bit frustrated after seeing the price went down instead of going $20. Sometimes the hype are being started by the team itself, they are just giving you an update which is not that great but sounds great for you. Anyways it is really cool seeing a version 2.0 of something.

The question is would you able to ride it on the right time? Majority will fall on ending up to ride when they are already in the end-part of the rope.This is pretty common and this hadnt only
happen on this time but since this market was started.Hype is just part of the ecosystem on where shitcoins been pumped and dumped hard until they do die and repeat the same process.
Lucky for those people who do able to join the ride and unlucky for those people who got caught into the peak price and ending up on holding lots of shitcoins into their bags.
Mistakes are there but in next time you would be aware on how this market moves and do make out fake pumps for lots of people do believe and get fooled.

[imstillthebest]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

it was like a scenario that i seen before where they only got fooled twice   .

  you already given a chance if ever the coin you invest recovered a bit so why sell too early ? why not wait for more recovery so that you can sell without loosing or if you got lucky you can still earn something . if the problem was solved , i wont came back investing because that gives me bad experience .

[GeorgeJohn]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

It's quit  understable that know one will tell market how to operates or determine for market rather market will determine for you, because we all dance according to the tones of market.
In my own personal opinions I will say that if you have money to get new one and dumped the old one  you better do it,because is market that determine to avoid excessive lost.
Thanks op.

[lienfaye]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

Well it depends on the situation and the reason why it get dump from 1000 to 100 within few weeks. If the reason is because of the whole market bearish status and its going with the flow then I think its understandable. My decision would be depending on the token's status if it is a good one and not the usual token with a pump and dump scheme. If there's a future then I might hold and wait otherwise I will sell and move on.

[Oasisman]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.
Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

No specific answer to this because there are a lot of different altcoins in the market. One could be just experiencing corrections and will able to recover. While the other one could be just a pump dump which will eventually die and never recovers.
Let's say if this coin has a good volume of trades in different crypto trading platform, I suggest not to dump but to wait for the dump and buy (that only If you have a very high risk tolerance). You might lose twice, but It's worth the risk when it pumps back again at 1000 sats.

[Kasabus]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

Well it depends on the situation and the reason why it get dump from 1000 to 100 within few weeks. If the reason is because of the whole market bearish status and its going with the flow then I think its understandable. My decision would be depending on the token's status if it is a good one and not the usual token with a pump and dump scheme. If there's a future then I might hold and wait otherwise I will sell and move on.

Yes. If a token has a bright future, then i will not dump it but continue holding until its price reaches another height. Holding is good if youare keeping a coin that has high potentials and will create good value in the next months or years but if the coin you are holding is not moving its value already, better sell it before its value goes to zero.

[Bitlover10]

If token valued came from 1k Satoshi to 100 Satoshi and you still holding that token you have no other way to wait for price recover which is also can be impossible for recover price. So in this condition you have only two options first is to hold it means waiting for price recovery and second things is buy more to average your price. But buying more when you find that price in uptrend. That's way may be you can recover your loss. Their are many coins have it who give big loss to their investors. So good advise is that keep away that kind of shit coin and always be with top 10 or top 50 coin on coinmarketcap.

[LUCKMCFLY]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

Of course I would wait for it to rise to more than 1000sats, the reason is simple, even Bitcoin is not in a bullish trend, when bitcoin reaches its bullish trend automatically those currencies are very likely to rise in price, this is why most investors are looking for these coins to pump and earn and then pass it to bitcoin.

[MCobian]

I make a decision depending on the volume of the coins, the greater the trading volume, the safer the coins are to hold.
But if we buy coins with a small volume, then don't hold the coins for too long. Due to low volume coins, will be more
difficult to sell. Therefore, if the coins purchased are of low volume, and the price is dumped, I will cutloss the coins.

[bangkecol]

it is hard choice between to hold token or sell token to avoid more losses.
If the token is not popular with low volume on the exchange I will choose to sell quickly then buy a good token with big volume.

[carlisle1]

it is hard choice between to hold token or sell token to avoid more losses.
If the token is not popular with low volume on the exchange I will choose to sell quickly then buy a good token with big volume.

You are a Hunter and i know Majority of your Accumulated tokens or coins goes to the exchange right away once you get paid
and this is normal because you are joining Bounties to gain and earn since Payments for Bounties now are really cheap and almost not
enough for the Job you've don.

But if we buy coins with a small volume, then don't hold the coins for too long.

Why need to Buy Coins with Small volume?are you out of mind?there are so many currency to choose then why those kind of currency
is that you need to accumulate ?
Isn't that stupidity?

[palle11]

I think pump is not happening yet and this is still a good time to buy token for longtime.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

It depends on your project that you have invested on. If you consider it good, you can hodl but if you don't see itvto increase you sell at a little profit or price you bought.

[CryptopreneurBrainboss]

Using 'pump' there won't be the right choice of word if you ask me, it's barely recovering and not even close to pumping. That project used in your illustration was dumped and you should be very careful reinvesting into the project as the chances of lossing more is high. Probably it's a bear trap waiting to trap more Investors. Most time when things like this happen, it'll advisable to watch from the sidelines instead of trying to gamble your chances of outsmarting the whales manipulating the market.

Don't forget you only lose when you sell, if you strongly believe in the project and the crab they're selling then hold onto the bags you bought as you dumping, then waiting for a drop might be a regrettable decision although sometimes it actually works out perfectly but still the chances are slim.

[jrrsparkles]

Let's say you have bought a token for about 1000 satoshis and weeks ago you found out the token is just about 100 satoshis. This means you already lost a lot since that time you hold it.

Now that it started to pump like from 100 sat to 150 sats, would you try to dump and wait again for its dump to at least 120 satoshis to buy back or just keep holding til you profit up to more than 1000 satoshis?

If they are a day traders and believes that project is nit going to fall off much from that dump will buy more tokens at the deep down and have sell for the small profits of 150 sats the buy back at 120 sats, in trading loss is inevitable either you have to accept it or stop doing it.

[eXtremal]

If I was in that position I would sell my coins or the term cutloss to wait for the price to return to 1000 satoshis of course it would be difficult and it would be slow if it had been dumped 90%, I would sell and wait to buy it back at the lowest price, yes that's from my personal point of view

[Beparanf]

If I was in that position I would sell my coins or the term cutloss to wait for the price to return to 1000 satoshis of course it would be difficult and it would be slow if it had been dumped 90%, I would sell and wait to buy it back at the lowest price, yes that's from my personal point of view

Better sell and try to buy other projects that is worth trading, it will be only like stock market if he keeps focusing on a coin that is to slow in response that will makes more months or years to increase knowing it just pump only now due to hype of defi. He might consider selling it to find a better coin to buy.