I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
There's two option that you can choose. First you can do cutloss if you feel the price of the coin that you hold is difficult to rise and do not want to experience a deeper loss. Make sure you do cutloss if the loss has reached 5% to 10%. Second option is HODL until it's rise, if you still believe about the project and want to long-term investment you can choose this option. I suggest you if you have lost more than 20% you should keep holding the coin, because there must be a time when the coin will pump, usually at the end of the year. So you have to wait until that happens if you still believe and want to stay on the project.