How do you make your HODL or dump decisions?

[SlimShadyMmp]

First of all forget the whole professor coins they don't normally make any sense at all The most important things is the fundamentals and then trading volume If it has some good fundamentals and is working on it then basically it is likely going to make name but seriously if they are not working on any it my advice is dump it and buy some better dios and HODL thru

[Maslate]

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.

yes you are right, the SUBX token is very bad and has no bright future. From June 22 to July 22, 2021 the price of SUBX did not increase. I think it is better to sell it than to hold SUBX tokens and buy tokens that are better than SUBX tokens so we can quickly get profits.

This is the reason why I don't have some interest in this coin as it was obviously doesn't have any potentials and we can't make a good fortune on this project. As sooner or later, this coin will die. If that we saw that still has a market value and is still tradable, we certainly not miss this chance otherwise we just lose everything we put on this project.

If we are going to hold, it must be sure that we are holding the best and promising coin, not those coins that certainly don't have like SUBX.

[barabeku]

First of all forget the whole professor coins they don't normally make any sense at all The most important things is the fundamentals and then trading volume If it has some good fundamentals and is working on it then basically it is likely going to make name but seriously if they are not working on any it my advice is dump it and buy some better dios and HODL thru

You are definitely right that the most important thing is fundamentals. But on the other hand, there are cases when a project offers something really innovative and promising, but they don’t have a good marketing campaign, that is why people are not aware of this project and that is why they don’t invest. So advertisement is also very important if you want to get profit from price rise.

[Dump3er]

First of all forget the whole professor coins they don't normally make any sense at all The most important things is the fundamentals and then trading volume If it has some good fundamentals and is working on it then basically it is likely going to make name but seriously if they are not working on any it my advice is dump it and buy some better dios and HODL thru

Trading volume can easily be faked although, thankfully, Coinmarketcap has done a lot of things to display the real trading volume as precisely as possible. What I also think is wrong is this binary thinking of HODL or dump. If you have 10 BTC why not sell only half of it and keep half or sell 30% and keep 70%? All too often is the question hold or dump, but you can also have a strategy in mind that is in between those two actions.

[Shallow]

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.

What caught my attention is that you made mention of the market bleeding which true, then how can a project now perform well when the market is not favourable. I am of the opinion that, before you even think of bagging such token in a huge way, you ought to know the risks and do so with your spare, this is because no one can predict the market and most of the times, hype helps to push some of these projects price, and when that hype fades, that's the end most times.
However, it is good you were able to point out that the team are really working but the market hasn't being favourable which is the case with some other projects. My own suggestion is, if the money used for the project is your spare, and you believed in the project and the team, then you can consider long term holding. A good project takes time to deliver because what speaks for it, is their use case which then generates the needed hype.

[Bitbtc8]

This isn't hard for me anymore because I'm able to control my greed, the reason why many lose is they failed to take profits and they are forced to hold unintentionally when losses occur, the thing is learn to take profits and always buy back when there is huge dump in the market, to find out which coin it token is worth holding is left for you.

[Macadonian]

It is to risky to invest in dump coins only invest in coins that you think are going to be valuable long term and hold them do not invest in meme coins or any other stupid coins that have not been created to better the current cryptocurrencies out there.

[bamb]

The first rule of investing in new coin without any antecedent is to never get emotional with such coin.  You said and I quote ' reflections are delicious and community is nice' This phrase is a sign of emotional attachment,  if a coin is performing below your expectations,  the next thing is to cut your losses if you are in one otherwise sell and revise your projection!

[Macadonian]

The first rule of investing in new coin without any antecedent is to never get emotional with such coin.  You said and I quote ' reflections are delicious and community is nice' This phrase is a sign of emotional attachment,  if a coin is performing below your expectations,  the next thing is to cut your losses if you are in one otherwise sell and revise your projection!

Emotional attachment is good to because if there are many people who feel the same way with the coin they will pump and dump it for its lifespan which could mean its a good idea to have a little emotional attachment.

[Dump3er]

It is to risky to invest in dump coins only invest in coins that you think are going to be valuable long term and hold them do not invest in meme coins or any other stupid coins that have not been created to better the current cryptocurrencies out there.

That's a question about strategy and principles. Some people aren't even interested in the long term prospects and value of a coin and that can also be a viable strategy. If you know that a coin has a certain short term potential but you don't see it to come to full fruition long term, why not play the edge you think you could perhaps have over others. Yes that strat involves more risk, but that's fine if the bearer is fine with it. When you look at a project you can also make your decision from a behavioral economics/psychological perspective. If you anticipate people to go crazy about the early stage, go for it if you like and dump as soon as you think the moment has come for others to also slowly realize it might rather not play out long term.

[Ziskinberg]

The first rule of investing in new coin without any antecedent is to never get emotional with such coin.  You said and I quote ' reflections are delicious and community is nice' This phrase is a sign of emotional attachment,  if a coin is performing below your expectations,  the next thing is to cut your losses if you are in one otherwise sell and revise your projection!

Emotional attachment is good to because if there are many people who feel the same way with the coin they will pump and dump it for its lifespan which could mean its a good idea to have a little emotional attachment.

It is sometimes we could say that emotions may help but most of the time it creates panic and minds changes. I actually considering this (emotions and instinct) but mostly I consider it on the market situation, chart analysis, and hearing feedback from others as HOLD means we are sacrificing our time not knowing how long we have to do this. Because if I see have no chance it recovers, there is no way I should have to do it, of course, selling is the best option even we are at loss.

[Twinkledoe]

The first rule of investing in new coin without any antecedent is to never get emotional with such coin.  You said and I quote ' reflections are delicious and community is nice' This phrase is a sign of emotional attachment,  if a coin is performing below your expectations,  the next thing is to cut your losses if you are in one otherwise sell and revise your projection!

Emotional attachment is good to because if there are many people who feel the same way with the coin they will pump and dump it for its lifespan which could mean its a good idea to have a little emotional attachment.

It is sometimes we could say that emotions may help but most of the time it creates panic and minds changes. I actually considering this (emotions and instinct) but mostly I consider it on the market situation, chart analysis, and hearing feedback from others as HOLD means we are sacrificing our time not knowing how long we have to do this. Because if I see have no chance it recovers, there is no way I should have to do it, of course, selling is the best option even we are at loss.

Also, one way is to check the activity of the dev team themselves. If they have very little to no more updates, start thinking discarding that token. Because give it a little time and the team will abandon the project. You need to see progress on their platform to keep you holding the token, if not, better sell it and move on. Don't wait for miracle to happen because that's not gonna happen for teams who are after for their pocket.

[tabas]

Emotional attachment is good to because if there are many people who feel the same way with the coin they will pump and dump it for its lifespan which could mean its a good idea to have a little emotional attachment.

Not really. It's not good most of the time and actually I don't usually attach my emotion for every decision that I make. If I include it then most of the time, I'll just go with the flow and would feel that I have to dump even if I'm at loss because of the market doesn't look good.
That's why it's not that really good when you're into investments and mostly if you trade.

[retnoanjani]

--
Also, one way is to check the activity of the dev team themselves. If they have very little to no more updates, start thinking discarding that token. Because give it a little time and the team will abandon the project. You need to see progress on their platform to keep you holding the token, if not, better sell it and move on. Don't wait for miracle to happen because that's not gonna happen for teams who are after for their pocket.

when there are no significant developments, important agendas are always postponed without a definite time, the dev team starts to shut up and fight people who ask about the sustainability of the project. sometimes a project that looks very potential and professional can end up being a scam, either because of a fraudulent team or because the market is not conducive, so only use free money for this type of investment, because the risk is great. That's why I never invest in new projects, only participate in the bounty, which has a smaller risk and I can handle.

[viananda2525]

It is to risky to invest in dump coins only invest in coins that you think are going to be valuable long term and hold them do not invest in meme coins or any other stupid coins that have not been created to better the current cryptocurrencies out there.

dumped coins not always be good opoortunity to hold, we must understand the reason behind this drop . Is it caused by market condition or truely investors start leaving and selling their assets. When we could idenity this condition , i am believe we will not trapped in shit project.

[Hobo66]

You need to look at the people who lead the project. If they are scammers and  bad people then they will take your money. If they have good vision and are good people and think about people first before themselves then you have great leaders who you can trust on.

[awik p]

The first rule of investing in new coin without any antecedent is to never get emotional with such coin.  You said and I quote ' reflections are delicious and community is nice' This phrase is a sign of emotional attachment,  if a coin is performing below your expectations,  the next thing is to cut your losses if you are in one otherwise sell and revise your projection!

You are right, I made such mistakes several times that I just enjoyed being in that community, so I trusted this project. People there said that this project must go to the moon, but then it was hacked.
Also emotions are dangerous when you see how tokens increase and you think that you will not have time to earn, so you buy on highs and then losses. It is a greediness of people and if you want to earn you should get rid of such emotions.

before a new coin appears, it's good to know the development team on the project, where we can see the background on the previous project. they will make a good roadmap usually, and we can follow the progress. for new projects, of course we have to be more careful and monitor continuously, so that we can analyze whether the new coin has potential or not. on the other hand many of the new coins cannot survive, that's why we have to be careful

[BuyingBitcoin]

I HODL before the next all time high for Bitcoin.

[bots1]

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.

It's hard to make a HOLD or dump decision. if you are not sure about the prospects for the SUBX token, you better sell it now if it is still profitable for you. you have to be realistic and do your own research and don't be swayed by the sweet promises they offer if in reality it doesn't turn out as expected. you need to know that tokens that do not have strong fundamentals are difficult to survive and their prices continue to decline.

[Kelvinid]

It's hard to make a HOLD or dump decision. if you are not sure about the prospects for the SUBX token, you better sell it now if it is still profitable for you. you have to be realistic and do your own research and don't be swayed by the sweet promises they offer if in reality it doesn't turn out as expected. you need to know that tokens that do not have strong fundamentals are difficult to survive and their prices continue to decline.

That is certainly hard if you don't know the background of the project but that seems not an excuse as in the first place, we have to a search before investing. It is very important for us to know the capability of the project, otherwise, we are just blindly buying the project. Apparently, this was a common scenario that we have seen around.

To HOLD and to SELL, that actually depends on the potentiality of the token/coin. And we should not hesitate to sell if we are doubted on the project, better to secure our funds rather than to regret later.