Wakate
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September 06, 2021, 09:00:02 PM |
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This coin is not that know to the public and there is bigger chance that it might lost it momentum as time goes on because of it's low liquidity. Liquidity is very important in the crypto market for good movement of price to occur. If there is no good liquidity, it means that the market is dumped and with time, investors might decides to sell there own part of the coin and those that are still holding will lose at the end.
Take more time and do more research on the project to know whether truely the project will go a long way. Also take note that you might end up selling it and things get better with time bringing about regret and poor decision making.
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Wulan_maniez
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September 06, 2021, 09:26:39 PM |
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When the market is as bullish as it is today, many altcoins rise in price and pump slowly. I see in the market a lot of green ones, and that should be the case with altcoins that you hold 'SUBX'. If 'SUBX' coin is on the rise like other altcoins, maybe you can still hold it. But if there is no increase, you better sell it, and switch to an established altcoin.
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letyouearn
Legendary
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Activity: 1722
Merit: 1014
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September 06, 2021, 10:16:50 PM |
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I usually focus on strong projects that have fundamental reasons to grow and I always wait if my tokens are being dump. If you enter high risk, lowcap project, the situation becomes more unpredictable.
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hidingyou
Member
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Activity: 291
Merit: 13
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September 07, 2021, 12:14:06 PM |
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Keep your eye on the price. If the dump is flowing in then it means the investors lose trust in that project, it's also good to have a target in when you sell, also keep your eye on the team if they are still in communication if you feel they don't care anymore then it's time to dump it because they are probably do.
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ChaoChibai
Member
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Activity: 588
Merit: 10
-ethernity cloud-
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September 08, 2021, 04:09:07 AM |
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Making decisions must be more careful in choosing altcoins, when you hold an altcoin you have to monitor the price from charts or analysis in various existing markets, when you want to hlod coin choose a coin that has an exchange rate that is always active, don't hold a dead coin, that's the right thing fear, now the market is unstable, something coin can pump and dump suddenly
Yes of course, right now the situation in the market is so unstable. The price can pump and dump so sudden, bitcoin and ethereum price is decreasing in price right now. Monitoring our coins is the essential key to make sure if we want to hodl or dump decision. for me, i think this is the best decision to hodl our coins
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babygun
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September 08, 2021, 04:46:25 AM |
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Monitoring the action of your asset is very important in this industry,
The more you follow the team, the better understanding that you have with all the development plans, as long as they are doing their job and they are hitting the target from their road map it's still worth to keep the coin, even there's dump that ongoing it's a part of the cycle and for you to maximize your benefits, if you trust the team holding and buying for more is the best strategy to do.
While I can agree to your statement, do you really follow the team or news of all the crypto's that you have? I do this for my stocks, but not for crypto. I have 75% in BTC and ETH and the rest is divided over many coins. Most of them I just bought for staking rewards without doing a lot of research lol.
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lizarder
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September 08, 2021, 07:09:32 AM |
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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 takes a lot of knowledge about the tokens that you currently hold, both analysis, development and trends towards these tokens in the future, so that you will have references to hold or release these tokens at this time, it takes hard work to find out at this time. If the development of the token has been done well and has the potential to be successful in the future, then the right step is to save it for now, moreover they have 4 recently released applications and this is more real than other coins, than other coins whose future is not clear.
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deathcode
Copper Member
Sr. Member
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Activity: 1428
Merit: 253
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September 08, 2021, 07:21:42 AM |
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In investing, of course, there must be good planning before you choose an asset. you will do it for a long time or a short time. for some popular new projects, of course, the long term can be profitable but it's also still a big risk for us to hold it for a long time because we don't know if the project will not experience problems in the future. but for top market assets, holding it and continuing to add assets, of course, long term is not detrimental. most importantly, plan well, when you have to exit or will stay in the market.
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bakasabo
Legendary
Offline
Activity: 2478
Merit: 1211
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September 08, 2021, 07:27:42 AM |
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Perfect time for advices in topic to take into consideration. As in just one day, most of cryptocurrencies has lost 10-15% of their price, thoughts of selling everything away starts to appear more often. I suggest to revise what is posted in this topic and take a right decision. I personally dont want to sell my crypto with losses. I've already seen such situations several times and prefer to hold, as I saw that the price recovers with time. I would even insist on selling only when you are at extreme need of fiat or see a greater opportunity in other altcoin.
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floridafranks
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Activity: 19
Merit: 0
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September 08, 2021, 08:00:09 AM |
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I get all the information about the crypto. If the coin has some promising feature that could lead to a technological development, I would hold on to that one. But if a coin has been brought just for the namesake with zero offerings, I would surely buy them cheap and dump them when they are hyped up.
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seramania
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September 08, 2021, 08:02:06 AM |
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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.
yes that's right, don't act too fast. must be watched carefully because the coin is like a mystery, can experience a dump and pump at any time. monitor at all times and if indeed the coin is too risky you can take another route by changing to another coin with little potential.
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rezasg
Newbie
Offline
Activity: 74
Merit: 0
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September 08, 2021, 10:19:24 AM |
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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.
Do not rely on this type of coin. It is quite risky and only good for the short term run. Focus on the long term investment. Search for projects that have already built their foundation for years. Has an active development team and positive social media community. What coin project am I talking about here? Lend me your ears... It is called Stakenet and its native currency XSN - an undervalued but amazing project with real utility. Check it out!
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elisabetheva
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September 08, 2021, 11:00:11 AM |
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In investing, of course, there must be good planning before you choose an asset. you will do it for a long time or a short time. for some popular new projects, of course, the long term can be profitable but it's also still a big risk for us to hold it for a long time because we don't know if the project will not experience problems in the future. but for top market assets, holding it and continuing to add assets, of course, long term is not detrimental. most importantly, plan well, when you have to exit or will stay in the market.
In determining the investment period, I strongly agree that it must be carefully planned because it will clearly determine the results to be obtained. especially clear is what coin we are going to invest in, if a new project is of course very unpredictable for a moment but it must be observed more carefully because usually new projects will always tend to after a while will disappear from the market of course this is detrimental. If investing in coins that already exist in the market, it is certainly a bit easier, but it is clear that you need to analyze how well the movement has been so far because if there are no enthusiasts, of course, one day the price will continue to fall, but it is better if you invest long-term, you can be sure that bitcoin is the best. , but it's not that altcoins are not good, if possible the ones in the top ranking positions on CMC/CoinGecko.
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herizal85
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September 08, 2021, 01:30:32 PM |
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keep an eye on the market price, if the price tends to weaken then you should hold it first and if the price rises significantly it's better to just sell it than you have to lose all the assets you have
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deathcode
Copper Member
Sr. Member
Offline
Activity: 1428
Merit: 253
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September 09, 2021, 05:00:13 AM |
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keep an eye on the market price, if the price tends to weaken then you should hold it first and if the price rises significantly it's better to just sell it than you have to lose all the assets you have
why sell in a hurry when you see the market moving fast. the market is still strong for now, although it looks like a dump but demand is still pretty good. so don't panic too much to sell your assets when there is a slight strengthening. now just watch your market and assets, maybe we won't fall any deeper.
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Benefactor
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September 09, 2021, 08:07:37 AM |
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The exchanging volume isn't great at all and you're probably going to stall out with this coin on the off chance that you've decided to hold it for a more extended time frame. So, I think assuming you take a gander at the undertaking and the group are buckling down, you may very well remain. in the event that you have any rate benefit promptly make a deal. This will be unsafe for those of you who have enormous expectations, however the reality can't be denied when you see the cost circumstance which is progressively causing a sharp decrease.
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globalpain
Full Member
Offline
Activity: 1260
Merit: 103
The OGz Club
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September 09, 2021, 08:19:13 AM |
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keep an eye on the market price, if the price tends to weaken then you should hold it first and if the price rises significantly it's better to just sell it than you have to lose all the assets you have
why sell in a hurry when you see the market moving fast. the market is still strong for now, although it looks like a dump but demand is still pretty good. so don't panic too much to sell your assets when there is a slight strengthening. now just watch your market and assets, maybe we won't fall any deeper. Panic will make us lose money so it's better for now stay calm, it's true if you look at the current market conditions the coins are down but anyway don't worry too much, the most important thing is to continue to monitor market movements and analyze them
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v3liana
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September 09, 2021, 08:50:31 AM |
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My guide to Hodl: Invest only that much money, which you are ready to lose. So you don't need to keep checking prices every hour nor will you make sudden rash decisions. One thing that's helped me is, if there are dips and it's stressing you out, just put down your phone or turn off that computer and go enjoy your life. Your coins will be there tomorrow.
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gaston castano
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September 09, 2021, 09:29:09 AM |
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My way of dealing with this is not to look at the market too often, because too often your mind can be distracted and you can make the decisions you should have made at that moment. but for some people who have been doing this for a long time, I don't think it's a difficult thing for them, such as fluctuating market conditions and fud from news and other things.
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cafee_orange
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September 16, 2021, 07:21:51 AM |
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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.
if you are sure you still hold the token then hold it to hold it, but if you are in doubt you should let go. but in my opinion, if the Token Developer has established good cooperation with the community and even with universities, it is very possible that in the next few years the token price will be good. plus they have released several Apps as you mentioned, chances are 'SUBX' token will have a bright future, if you were me then I will keep holding on to that token as its usefulness for future is certain.
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