How do you make your HODL or dump decisions?

[bitcoin-shark]

how to establish the strategy to be adopted for a token / altcoin that you own? there are various factors to consider as if the project is promising in the long term, on which exchanges it is listed if it has decent volumes the price changes of the last period, is better to establish a goal if it reaches a certain value satisfactory for us then sell quickly

[amihada]

Making a hold or dump decision can sometimes be a difficult decision. Holding an altcoin for a long time is sometimes not a wise decision if the altcoin does not have daily transactions or a large marketcap value. But sometimes holding for a long period of time can provide large profits if the coin continues to grow and innovate that attracts new and old investors.

If I always make my own decisions, potentially coins like Ethereum and BNB coins I hold for a long time I don't doubt it because these two coins can be long term assets for me, but if other coins like Poolz I only hold for a while when I make a profit I sell and I wait when the price drops i buy it back i make a lot of profit by buying and selling coin poolz.

[GaxviiBuss]

Don't have patience as to dumping like that, I observe the rate of dropping and increasing of a coin for sometime by constantly watching the price day by day, so after identify theee best time so sell and I do, though I still loose some fund but will be minimal, recently it happen to me, when I loose a lot of coin. During the time of observation I consider the team response to the price to know the rate of the project potential. This from my own perspective might be wrong.

[TheListener]

It's so easy overall market depend on btc so chk btc movement then we can easily make a decision about holding or chk when market dump but this is possible when we read market carefully.

[ven7net]

I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.

I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.

But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?

Some words of advice would be really good. Thanks.

I have seen several similar situations and I will tell you this, if large investors leave the project, then this is a bad signal for the remaining holders. The fact is that such projects are practically doomed to failure, since they could not keep large investors. Of course, there is a case when the project team launches an update and this again increases the interest of large investors in the project and then there is a chance for the price of the crypto asset to rise, but this happens very rarely. I have been in such situations and unfortunately did not have time to sell, which led to a loss of profit. How to avoid such a situation? To be honest, I do not know the solution, since we all want to have a profit, which means we keep the crypto asset to the last. But you probably just need to follow the information and sell if the situation in the project is very bad. This is the only way we can avoid the complete loss of funds invested in a particular crypto asset.

[tabas]

Having an active team does not guarantee the survival of the coin in the long term, my advice is to immediately exchange it with a coin that has good prospects for investment in the long term, because basically big investors are more interested in investing in top coins to avoid high risks when dump

I find it good when there's an active team that works for the project and everything that it has to be. But knowing that it is an altcoin that you probably just heard of.
It is better to dump such coins and buy a better one like ethereum, bitcoin and other good top altcoins.

[Traderbtcc]

The decision to hodl or dump a coin is your call to make, no one can tell you when you should hodl or dump a coin, in your case the coin you mentioned seems like it won't be surviving for too long, the part about early investors leaving is fearful and you should be really careful if your losses ain't that much I feel maybe you should exit the project too, not all coins that dump recover from their dips some die off from there.

[Tomohisa]

It depends on how you see it. Do you think its price was undervalued for now? Do you think it will have a long future ahead and right now, a minor setback in terms of price? There is a lot of question you need to ask yourself to finally make your own decision. My only advice for you is: sometimes, don't too focus on price but think how it will fare in long term hodl.

[adibi12]

It all depends on the developer, if they are still serious in carrying out their project, then I suggest to hold on and wait for the right time to be released, the thing you need to do is keep abreast of information from them in the group or on the website.

[Stunzz]

Go through all their channels to see their latest updated information. Do well as engaging with one of their representative on the TG or Discord channel, ask tangible questions and the answers you get should determine your next move.

[livingfree]

In your situation OP that you're unsure whether to hold or dump it.

If it is no longer that good for you to hold it and you're just thinking about when it will pump, I'll dump that if it's still on exchanges.

The reason is that if I don't know why I am holding that token and I have no firm reason to do that, I won't have any second thought of dumping it.

[sherenikaw]

actually if the project has a good development and the team also always gives positive prospects then that can be a reason to hold it. A good project can be seen from the team and also the goals of the project. certainly, a project will have a bloody period especially when the market is falling. we can only hold it and don't sell it when the price is falling because it will just give a loss. don't forget to keep abreast of the progress of the project because we are the ones who can decide whether the project is worth to hold or not.

[denasha92]

I will HOLD my coin if the project has a good prospect and the team is really active, they give some updates about their project to their community frequently. also, they always finish their goal on their roadmap on time. then, i will dump my coin, if the coin have a low liquidity in the market for a long time, the project was abandoned and the team is inactive.

[Psynthax]

I am always prefer to invest my money longer periods investment . So I already invested bitcoin and Ethereum, Binance coin for long time. So I can't keep anything update price ups and downs.

those assets selection was good as our side investment  so  no need to check price regularly like another coins. Major coins will give us more relax and our mentality will panic although market crash. For long term investment eth btc and bnb give us certainity in price and also security.

Maybe it was because checking the market price regularly is tiring, so many people decide to invest for long term, but even long term also need to check the price regularly to find if the price is already near the price you expected and when you will dump your investment and its when the price already high enough we think it cant go higher. but at least its not like checking the price every hour and i also prefer long term investment, because its just more relaxing although the price can go down and not going up.

[maria1110]

I've never heard of this coin before, or read any news.
Anyway, do your own research before putting money in, do not just listen to other people coz they may be voicing for purposes. And also, do not invest more than you could afford to lose. This is important.

[andriarto]

I am always prefer to invest my money longer periods investment . So I already invested bitcoin and Ethereum, Binance coin for long time. So I can't keep anything update price ups and downs.

those assets selection was good as our side investment  so  no need to check price regularly like another coins. Major coins will give us more relax and our mentality will panic although market crash. For long term investment eth btc and bnb give us certainity in price and also security.

Maybe it was because checking the market price regularly is tiring, so many people decide to invest for long term, but even long term also need to check the price regularly to find if the price is already near the price you expected and when you will dump your investment and its when the price already high enough we think it cant go higher. but at least its not like checking the price every hour and i also prefer long term investment, because its just more relaxing although the price can go down and not going up.

holding in the long term does make us more relaxed, at least we don't check the market in the near term. but indeed it would be better to set a target, so that we can take profit automatically when we do not see the market. let alone waiting for a bullish market to occur in a matter of years, so sometimes we forget to check the market

[husencoe]

Currently the market conditions are very unstable and investors prefer to invest in the current top coins, if I can suggest that you release the coins and exchange them for better coins in the cryptocurrency market

[juanda]

I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.

I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.

But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?

Some words of advice would be really good. Thanks.

All project development teams will say they have long term goals but in reality many projects lose value half way through. so whatever is said by the development team can not be an important reference in investment. so I think we should study and find more accurate information to make a decision to hold it or to sell it immediately. so we can benefit from it.

[CapGelatik]

Currently the market conditions are very unstable and investors prefer to invest in the current top coins, if I can suggest that you release the coins and exchange them for better coins in the cryptocurrency market

Talking about market conditions, it's not stable yet and I don't know when it will end.
I think the top coins are always a good choice to invest but then again everyone has their own preference for coins

[stadus]

Currently the market conditions are very unstable and investors prefer to invest in the current top coins, if I can suggest that you release the coins and exchange them for better coins in the cryptocurrency market

Talking about market conditions, it's not stable yet and I don't know when it will end.
I think the top coins are always a good choice to invest but then again everyone has their own preference for coins

The top 10 coins are the coins with good liquidity, they have a lot of investors and as long as there's no big issue regarding the team and the development of the project, investors will continue to trust the project by holding their investing. If we rate the investment, they belong to a lower risk type of investment as they had already captured the big number of investors who makes their project more stable, however, it's not bad to take a high risk as well as you might find a gem coin/s that could pump more than a hundred times in just a short period of time.