Quote from: ife2020 on Today at 01:47:36 PM

Quote from: Gorosden on Today at 06:37:15 AM

Don't give me false hope, I need answers, is it a wise move to hold on to a coin that have continuous development but bad value? Or should I dump for other coin? I'm already in a big loss from 3000$ to 400$ presently, the continuous development is why I still hold on. This good or bad ? The project name is (Switch) aka ESH

Well, i do not believe in seeking or answering investment questions here on the forum, but from the look of things you appeared to have bought the green candles of the token instead of waiting for a market opening. The most important question you only can answer is if the project has the credibility to attain 3000$ once again, because to me only bitcoin or etherum are bullish long term.

The choice is yours to either cut loss or continue to hodl on, do your own research and next time, do not buy green candles.

You are absolutely right, because in this case you need to act very quickly in order to minimize your losses. It is better to get rid of those coins that were bought at high prices, because there is no guarantee of growth in the near future. If we talk about less risky investments, it is better to invest in the top-rated cryptocurrencies, BTC and ETH, and you can also follow the new Defi projects, which are very popular among investors today.