How do you make your HODL or dump decisions?

[alevlaslo]

Every 4 years history, now buying need, btc will grow at 1000% from July to December

[oemar bakrie]

if I myself it's better to save first and wait when it's on the target to sell the coin, it does take very careful time, especially if you have to see the movement every time.. but all of those ways are to be able to reduce huge losses..

[Mihawk]

I won't mention and comment on your participation in this project because I'm not involved and I may end up mentioning unnecessary things, but my decisions about hodl and dump are based on my store of value expectations about the project or when I use for sure often. Most people who have entered the world of cryptocurrencies are currently involved with tokens, so using these tokens is rare. In short, if I have no expectations of value or usefulness, I sell immediately.

[slaman29]

I think if you bought coins that maybe get bad responses from this forum, as long you really filtered it. U can take the suggestion, because i think this forum can be used to review if the coin is good or bad as long we can see difference with honest review and people who only shill it. About coin, maybe if there are no other choice especially some new tokens, i rather to cut lose and then change to other coins.

This forum will always be the measure of honesty, in my opinion. On Twitter and Telegram you get ultra shillers and influencers paid in tokens to shill, so they always have motivation to lie. But this forum does have a way of filtering out the outright scams:)

So if you actually see good accounts and Legendaries talking about an alt here, it's generally at least a sign of longevity.

[Kelvinid]

https://www.coingecko.com/en/coins/startup-boost-token

Ouch, the declining momentum had never changed and it is getting worse more than to what I imagine.
Honestly, by seeing its market performance, it was clear to have no hopes for this coin. Because if have this coin, I may sell it now while it still has a market value coz sooner or later, I was afraid of that be going dead.

But anyway, this is also a dead project. Whether we like it or not, it turns to a shitcoin later. You have this in bulk because it was cheap but too unlucky to buy this nonsense coin.

[marilynmanson21]

holding one coin is the right choice if you look at the current market, where bitcoin reaches a price of 25k$, so that it has an effect on other altcoins, currently I only hold the top 5 coins after btc because if btc gets deeper it will still be stable and still have value if necessary

[bitcoin_bob]

Thats simple. If coin is from top 50 CMC then it will recover in the next cycle with 99% probability and i should hodl it

[Godwinpaul]

When you hold a large number of tokens, it's best not to dump, if the project development is top-notch and the developers are still working on it. We really can't say if the future of the project would be great, but looking from the conviction you have on the project, it's best to hold for a while more.

[SacriFries11]

Look at the substance of the project, the potential and the composition of the team(which might deceitful). Also trading volume and the caliber of listed exchange are all indicators to the longevity of the project. Good luck with your choice

I think the project has potential. It needs time for the project's development and I think it's very early to consider an option to exit right now. The project team needs to update their investors on what their planning to do with the project. The project team is also transparent and well organize, you can see their faces and their expertise on the website which is what investors looking for. If OP really doubt with the decision that he made which is he put too much money in this project, he can sell 50% of the token so that he can still have the some amount if something goes wrong.

[gurunanakji777]

As such majority of the coins are bleeding even I checked SUBX it's a very low-volume coin so you should always check the volume before investing in any coins. If you are saying it has a good community so you should wait some time and should not sell your holdings now you have to wait for bull movement of the market I hope your coin will also get some momentum when the market will start to improve so it's better to hold rather than selling in panic it's just my opinion.

[J1mb0]

Participating in new projects can often bring you great profits, but it also comes with a lot of risks.
I myself often dump such projects as soon as I see the risk, because most such projects will become a pile of garbage.

[MCDev]

Is it this token? (https://www.coingecko.com/en/coins/startup-boost-token)
 I advise you to dump it as soon as possible.

I agree, for junk coins the best thing to do is get out as soon as possible.
Most of such coins will quickly become a pile of garbage and the development team will just leave it alone.

[CryptoYar]

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.

TBH, I've never heard of this token name before. But this is what I would say for you. If you have faith in this project. And you did good research before buying it, so you can hold it. Otherwise, you have many more choices which top 10 coins in which you can get good profit in long term.

[BobK71]

Basically everyone does a crypto analysis and looks at his previous trading charts. I also do make a decision by analyzing the chart. And am along with that follow various news.

[bitgolden]

Basically everyone does a crypto analysis and looks at his previous trading charts. I also do make a decision by analyzing the chart. And am along with that follow various news.

So, based on news you are making your decisions of holding or selling? I believe I will never follow such tactics because my holding decisions are based on reputation of the project and definitely not related to technical things. It means if the project is good and having good past performances then I may decide to go for holding them rather than looking for short-term profits and one good example here must be cardano.

Moreover, when we are clear about when to dump then we can easily find out what are good coins and tokens to be holding. I am simply holding only bitcoin and a few other altcoins and all my other coins and tokens are only for short-term dumping.

[acdc]

This depends a lot on the project you are in, there are a lot of projects dumped but if the development team is still working hard then I think keeping the coin can make you recover your capital or even even profitable.
If the development team disappears, it's best to sell immediately.

[Fivestar4everMVP]

Well, my advice is that if you believe in the project and you are really sure the team behind the project is working hard to bring some value to the project, then I advice you continue to hold with patience, as we all already know that nothing good comes easy, those who made big money from bitcoin held it for over 12 years, while this can be hard to do but then, the gain was worth it, its absolutely wrong to have this mindset of buying or investing in a coin just because you think or you want to it to moon as soon as after you've bought, people with such mindset always end up disappointed in one way or the other.
So if you believe in the project, and you are sure the team have no chance of abandoning the project half way, then why do you want to sell at a loss? Better to keep hodling.

[tabas]

Participating in new projects can often bring you great profits, but it also comes with a lot of risks.

This is what I don't prefer. If it requires some capital, I wouldn't get on in and I'm very much satisfied with the current cryptocurrencies that belongs to my portfolio.

I myself often dump such projects as soon as I see the risk, because most such projects will become a pile of garbage.

That's the normal thing to do if you're aware of the project you've participated is going to be dumped soon or don't have the potential in the long term.

[Rengga Jati]

Participating in new projects can often bring you great profits, but it also comes with a lot of risks.
I myself often dump such projects as soon as I see the risk, because most such projects will become a pile of garbage.

You are right mate. Moreover, if we are new, it is better not to be involved with this kind of token or project, I am sure that many beginners lose their money because of this kind of project, only interested based on FOMO.

And, Seeing from the trading volume and its exchange only in one exchange, I am really sure that this will be another shitcoin again.
And probably the chance to get pump price has ended.
We all know that this kind of project will commonly only make a pump high once it is listed in the exchange. But it will suddenly be dropped after several hours. that is why we must be very careful when trading it, not recommended for beginners or even long-term holding, moreover, if we don't know enough about the fundamentals of the projects.

[tvplus006]

...So if you believe in the project, and you are sure the team have no chance of abandoning the project half way, then why do you want to sell at a loss? Better to keep hodling.

The main reason that investors sell their coins at a loss is that they want to limit the growth of this loss. And if the price drop continues, the investor has a good opportunity to buy this coin again at a lower price. Thus, it turns out to increase the number of coins for the same money.