How do you make your HODL or dump decisions?

[LemonMaker]

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.

[blockman]

Is it this token? (https://www.coingecko.com/en/coins/startup-boost-token)
If this is the token that you're holding and you've got a bad of it. I advise you to dump it as soon as possible. The trading volume is not impressive at all and you're likely to get stuck with this coin if you've chosen to hold it for a longer time. How much did you invest on it?
You've probably made a wrong choice buying a bag of it.

[isaac_clarke22]

I am not familiar with that coin, but since you are hodling it I would advise you to keep on the eye of the price.
There are common cases of pump and dump schemes here in crypto making what you hodl useless in the end.
Don't hodl on the moment you feel massive dumps coming in already.

[Noruka]

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.

The issue with asking this kind of question is that you are most likely going to receive answers from people who don't even know 1% of what you know about the project. Generally, I can tell you that many teams promised utility to soon come and so on. The whale guys who left could be another trick by the team. Often times it is the team itself that pretends to have sold tokens to whales at special prices, then dumps on retail investors and then tells the retail investors some mysterious story about whales having lost patience and what not. It is no easy decision, but I guess you know better than most of us what state the project is in right now.

[SirLancelot]

I haven’t heard of the SUBX token before, so I guess it’s a new coin? Anyways, this happens, when a new project launches there are always some early investors that are going to dump the bag to cause the market to fall. That’s what they are only good at, they go around searching for new projects that has the potential to grow, and when they do find them, they invest huge amounts earlier, and once the project kicks off they will dump the bags.

This tends to discourage other investors as well who might end up leaving the project, and it also affects the team as well. So it is very bad, but  you can’t stop manipulation in crypto market, since it is not like stock market.

This is the reason why a lot of people tend to go for old coins than the new ones because they are more stable. With that said, I think if you look at the project and the team are working hard, then you might just stay. But I don’t think the price will go up immediately, it might take time for them to catch up and start growing again. Then you can sell when it goes up.

[Frengki_cisco]

Situation-the market has been a mess lately-I prefer him and watch, both are not in use (HODL or dump), wait for the market to return to normal-then we play again.

I consider this problem to be more severe that has ever happened - crypto is on the verge of a political economy game by certain countries, that's if crypto has been entered by the government mafia, all access can be locked, the key is on them, this is only for business.

profit alone, no matter the community is destroyed-the main thing is success....!

[Fesatmas]

do not let you become a token holder who does not have good growth in the future. if you have any percentage profit immediately make a sale. This will be risky for those of you who have big hopes, but the fact cannot be denied when you see the price situation which is increasingly causing a sharp decline. always be alert and don't let things diminish too much.

[Cryptonian717]

Personally I am HODLing until 2025

I started investing in crypto back in 2011, and i've seen a lot of ups and downs. One week I was rich, two months later I barely had any dollars in it.
What I do is I scout projects that are in the ICO state and I invest then to buy the coin as cheap as possible. I lost some cash but I also earned. I invested in Elrond, Lanceria, and Filecoin in the last year and a half.

Right now I am following Ethernity CLOUD as a project, i think its worth a look. https://bitcointalk.org/index.php?topic=5344159.msg57260045#msg57260045

[DapanasFruit]

You can be in a very big dilemma and I guess you are not alone as many of us especially in this forum are contemplating whether to let go or to continue holding - and continue to see the bleeding as nobody can be sure when is the bottom of this another round of dip. I have to be honest that there is no easy answer to this concern. We might decide to hold on because we are convinced on the beauty of the platform and we are sure of the credibility and professionalism of the team behind it - and yet we are seeing the blood flowing everyday. The decision can only come from you upon consideration of the many factors that brought you into the said project, in the first place.

[zasad@]

The market situation is very lousy. Bitcoin can fall to $ 25,000 and this will entail a fall in the price of other cryptocurrencies and tokens.
I store in my investment only those cryptocurrencies, in the growth of the price of which I believe.
Investing in new cryptocurrency projects is now very dangerous.

[$anounimus$]

If the project team are still developing the project then it's worth holding but don't depend on holding just one coin or token it could be a waste of time and time isn't on anyone's side so hold more than three good projects to avoid wasting your time, a good project is enough to turn the tide for good but with more projects you will increase your luck chance

Yes, that's true, as time keeps moving forward without any regress, it's definitely better to hold some good and decent coins for the long term, because then it can be worth the time we have, so there won't be any wastage.

[fileo]

If they already produced a products and now progressively competing in the market. I think that project isn't a rug pull. But yes, whales will dump the price as they can control the market flow. If you are confident enough that this project is looking good and gaining popularity and partnership with some universities. Then I guess just hold while watching the progress.

[Yatsan]

Hodl when you are seeing that it have a great potential to grow in a long run and you are just waiting for it to make happen allowing time to make a way for it to nourish since many tokens are really starting from the bottom going to the top. Dump it when you are seeing or having an observation that after a span of time you have given it to grow is you are seeing that there is still no progress happening into it and that is the time you must dump or let go of it for good to explore other coins that are good and worthy of your time and effort.

[FFrankie]

If you are investing because you believe in the project you should be buying more when it dips because you believe it will become something and you will make a lot of profits. If you are just buying to sell it later why would you ever buy when it opens or at a high.

You could just forget about it and do nothing also

[BayAngelo]

Seriously the decision is yours. whatever you decide, please go ahead. if you wish to hold, hold. if you wish to sell, sell off and hold your funds in stable coin. the current market movement is alarming and confusing. nobody can predict the next market movement. we might head down to 20,000 for bitcoin. As bitcoin suffers, altcoin bleed the worst.

[gundala]

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.

~

Honestly, this is the first time I've heard of the coin you're holding.

if you already know and decide to buy then you are in complete control. I can only suggest to have a strong stance, if you really believe in the project then be patient, the current state of the global market is not good. but if you are worried because the project development is not as expected, then just let it go. look for another project.

sometimes it's regret and greed that make our analysis chaotic. the key is to be patient and confident, and ready to face the worst risk of loss. your money, your investment, your risk.

[Jaered]

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

[kurniawan05]

I think if the market is still like this and the possibility of BTC and ETH will continue to decline, it might be better to switch to a stable coin like USDT or BUSD, but try to find out first about the current market conditions, will it continue or just temporarily?

[flyeers309]

Don’t put all the money in 1 basket. I've seen the tokens you have and trading volume in 24 hours look pretty bad. I don't know what makes you very interested and Invest in long term but for now if we see the whole chart looks the price is getting down and there is in new ATL. I suggest do research again, the market is not good, but if you have extra money,I suggest to invest in coin or tokens that already exist in the top CMC, the price look pretty good, but still do your own research.

[zonefloor]

This is entirely your decision. We may be misleading you by giving ideas here. But if the project team is working and contributing to their project, you can keep it. However, the project team does not make any development for the project and if there are no runs, it is profit for you wherever you come back from the loss. Also check out the holders. In this case, it will create an idea for you.