I bought Verge when it was 0.08$. But recent hype related to secret partnershit did not turn out to be a success as the price went down immediately following the official annoucement of the partnership. Now, I lost in BTC value around 30% as the price did not get to my sell order. Therefore, the question to pro traders, should I hold or get rid of that scoin? Thanks in advance!
For me Verge is a strong sell. It was a good buy in the two digit satoshi area, but I can not understand why people buy it in this overhyped price levels.
Do not like Verge here but am a speculator. I already made back profits with Verge so even if I continue to play with it, it will never be with new BTC. I agree with you that 3 digit is overpriced for medium term, but for short and medium term, you can expect pumps to 1k or more a few more times, so I would always buy back more Verge at 500 or below, I have already twice done that with 2x or 3x profits. It is a pump coin, make no mistake, but lots of volume.
Copied/forked coin (no real skill needed), get a big enough community, pump time, dump on the newbs, rinse & repeat.
Needless to say I would not keep holding this.