Post
Topic
Board Altcoin Discussion
Re: Pundix has broken my heart!!
by
k@suy
on 03/07/2018, 09:42:26 UTC
Hello mates!
I bought some pundix because of the hype prior to listing on Binance. I was expecting the price to quadruple when it gets on Binance. Lol and behold it started dumping on Binance and has been dumping ever since. There is a snapshot for monthly unlocking of tokens for holders today. I was banking on this to push up the price too. But the reverse was the case. I am expecting massive sell off today after the snapshot. Should I sell off now and buy later or should I just HODL on? Please advise

You have been FOMOd my friend. When a coin starts to pump even before the even that is the cue that you should get out of the coin immediately. That would be a lesson learned to you after all.

Sad, but  true it happens and experienced it. When there is a hype and start to pump, big holders start to sell. Learn the time Accumulation and Distribution period. Buy when its amassing support an sell  for distribution when there is a hype or positive update. This maybe not true to some coins but it work for me.