Post
Topic
Board Altcoin Discussion
Re: Dump is not always a good idea
by
guoyu78
on 27/06/2019, 05:49:20 UTC
The fact is its always a bad idea to dump all your tokens you get from bounties unless you promoted a not too good project ,I've seen few bounty projects that hunters dumped and later the token price surge in value for example Gowithme bounty ,so how many of you dump gowithme token? The token did 10x already

Not always, but most of them are better to dump. If the project shows no further progress, then selling is better than holding.
There must be a reasons why we must hold the token, such as the positive progress of the project.
Im afraid if we hold it even the token have low value, it will getting worse until the token have no value anymore.
The desire of everyone that participated in ICO initially was to make it a long term investment, and I could remember the eagerness when we participated in those 2017 ICO to hold them for so long as we believed that the projects had a working product that would make it’s value to continue to appreciate, but look at where our decision has led us now, the vale has depreciated so much that majority of them has turned shitcoins.

What type of advice does he then want to give people that fell in that category, the only project now that is very reliable  to hold for a long term is still BITCOIN, and maybe we could consider the top 20 coins.