Post
Topic
Board Altcoin Discussion
Re: Investment advice needed from experts
by
ethereumhunter
on 12/08/2020, 15:12:15 UTC
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

How much precisely you lose? If you believe in the project, you need to hold until the price can increase. But if you doubt that the project can succeed in the future, then it still not better to dump the coin because you still get the loss of your money. There is nothing you can do but wait for the price increases in the next bull run. I don't know about the project, so I don't know if my suggestion is false hope or not. But the question is why you invest in that project? We have bitcoin, and if you have $3k before you invest in that project, I think you can select bitcoin as your investment. It is an important lesson for you, so you don't make the same mistake. The risk will be yours, and you need to know more about the project before you invest.