What do you think about buying a Fandom token and holding it?

[yooncoin]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?

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[tulusikhlas]

Take advantage if you have reached the target you expect and the point is to always prioritize TP. Maybe some downside impact will occur along with the correction of Bitcoin after ATH will also be affected. So always take advantage of rising situations. Unless you've done research on the coin and know their long-term project prospects, don't let yourself get carried away by just seeing an increase and then overflowing TP at the peak.

[TravelMug]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?

Well there's a lot of hype of fandom recently, and hopefully though it will be listed on a good exchange so that many investors are going to take notice of it.

Volume and price is still decent, and if you really believed about this project, then nothing is wrong with buying a ton and then hold on it. Although it maybe a gamble, but who knows, maybe down the line you can profit good with this project.

[asriloni]

I'm the one who asked if I could buy a fandom token on Probit.

You could buy that on probit but the liquidity was so low. It's also trading in probit and this exchange site doesn't have good reputation.

I bought a little, not a lot, but it's going up on the charts,

That means you have been entering at the good price.

so I guess, I think it'd be good to hold it. what do you think about this token?

This token was not so popular and this is my first time to heard about that. I thought that used it for long term investment was a bad decision but if you wanna hodl it for long term and it can be tried but that depends on whether you wanna deal with the risk or not. In fact that if it's not yet listed on CMC and coingecko. If you're feeling confidence with it and just hodl it dude.

[DapanasFruit]

Just like any coin or token that still has to make a good traction on the market, investing on it can be at your own risks. And that means you have to constantly monitor it unlike with established digital assets that you can hold and just forget for a foreseeable amount of time. However, the rewards can be high here just like the risks. Who knows, time can tell Fandom to be a good investment that can return a hundred fold later. Good luck on your endeavor.

[dupee419]

I think the main purpose of buying these fandom tokens is to hold it, we're never sure if it will have value and will be placed on an exchange, it is called a fandom token in the first place, it's more of a collectible rather than to sell it.

[GreatArkansas]

Are you referring to this project? https://www.coingecko.com/en/coins/fandom-chain


I check this project and this is another chain or blockchain network, and it is a layer 1 protocol.
It's like a scam? I checked their GitHub profile, only 6 commits? really no activities. Please be careful here if you are referring Famdom token on the link I sent.

[hugeblack]

can you provide us the Link of crypto?
anyway, any new coin that have a lot of hype without have a good roadmap, team, or added something new it is better to be avoided.
The trading volumes in this case give an additional indication that they are scam as all these volumes can disappear within hours and therefore cannot be relied upon.
Also, a lot of noise means that it will be a short-term project.

[joniboini]

Why did you buy them in the first place? Did you believe in their potential or just because you think there is a good entry to swing trade? Any coins can go up in a good market, so I see no reason to hold them if you're just using that as a reason to hold. Might as well sell and move on.

Don't believe the price will go up forever, it's a common trap just in case you're new to trading and crypto.

[sheenshane]

I didn't know that there's an NFT Fandom token which I thought on the title of this thread it's a random token.  

Based on my small research it seems this token has the potential when we talk investment and NFT's projects that are based on games are very trendy nowadays and it seems it's usually anywhere else, that's why I saw the potential on it.

We know that sports betting is very popular and even here in the forum we've seen a lot of bookies here.  So it's useful, the slogan is "PLAY. PREDICT. GET REWARDED". which is sounds good to me.  Just try to invest the amount that you can afford.

[cryptomaniac_xxx]

Really not sure what to give the OP, I mean we all know that giving financial advise is a no-no.

For us, it's better to really do our own hard work by investigating the coin that we wanted to invest. There is no better reward than making all the leg work and in the end you get the profits.

So my only advise, is to really do your own homework and not ask anyone here for their financial advise.

[adzino]

It's the first time I have heard of this token. Googled it. Nothing much showed up. Google result doesn't even show any result from coinmarketcap. So I guess they haven't even listed it over there. Coingeko showed up, and the data weren't much convincing. The price is down almost 100% from its all time high. The trading volume is too low. So probably a shit token. Don't buy it or hold it. It's too risky. Invest in some other coins or tokens.

[JeffBrad12]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?

If it's going up and then you may get a decent profit from buying your fandom token but i should remind you that if this token was a bad token. It's only traded on yobit nor has no liquidity. That being said that there's no potential to hodl this coin for the future. It's not good for long term investment. I have been seeing a bunch of tokens that are only traded on probit already dead. You can also learn from the story by those dead tokens on probit. It's better if you're cashing out your money and putting it into the potential coin before it's too late. Just because you're seeing the chart was increasing and then it doesn't mean holding your fandom token was a good decision. You must also think that we are still in the bullish market and any pump and dump can occur time. Probit has been known as the low tier exchange site with a bunch of scam tokens like yobit. Even if this exchange site was korean based exchange site and it didn't give guarantee for any token that's traded in probit.

[masterrex]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?

IMO, I think that's risky if you want to hold it for the long term, and maybe you should think that twice or maybe thrice if you want to invest big in that particular cryptocurrency because I believe that fandom token has no real use-case at all, and most of the time it will just use to acquire merchandise or memorabilia from the famous individuals, maybe if you just invest a small amount of money I think it will not make you poor.  

[bonyaserg]

For myself, I decided if a new coin appears on the market and an unusual movement occurs around it. I immediately make a decision to buy these coins. Since you cannot immediately guess whether this coin is promising. And if the coin is new, the price is very low and you can buy a lot of these coins and spend only a little money. And after an indefinite time, this coin can bring a very large income. So you can buy this coin by fandom.

[Findingnemo]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?

Going up in the chart but it is really growing? Can you see any increase in the trading volume or atleast any legit trader order in the buy tab at the price showing in the chart?

Sell it and make some money then you are actually made a right decision don't jump too soon buddy.

[TinaK]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,
so I guess, I think it'd be good to hold it. what do you think about this token?

Aside from Probit, is this token listed on any exchange?
That is financial advice and I don't think it is good if you will rely upon other's opinion. You should have your own research first and analyze the project very well. From my own point of view, just try to invest, I checked the project it seems very interesting when I saw their roadmap and many social media accounts.

[poodle63]

I'm the one who asked if I could buy a fandom token on Probit.
I bought a little, not a lot, but it's going up on the charts,

Going up in the chart doesn't mean that's a good coin. Probit was fully with pump and dump scheme. I have checked your token on probit and it doesn't have big liquidity and someone can easily pump and dump your tokens. You must aware if you are trading in the garbage exchange site that can easily be manipulated.
BTW if you're still holding it at this moment and seeing your coin increase a lot and it's better to take profit.

so I guess, I think it'd be good to hold it. what do you think about this token?

That's a big confusing but i would not suggest you to hodl any tokens that only listed in garbage exchange site. it could be dumped to the zero value anytime. You're in a very big risk by hodling it. Think about that.
If you didn't wanna see your money will be gone and you can sell it and exchange it for a better coin that listed in a good exchange site.

[indah rezqi]

If the volume of the token is good and the price is also affordable, then it's not wrong if you buy it. In addition, you also have to look and analyze by looking for several sources about the token so you know how potential it is if you can stand the number of tokens you buy.