I've been holding this token called 'SUBX' for a while now, maybe a month. Quite a big bag of it. I'm not sure if I should continue holding or let go and take what i have.
I believe in the project, but it hasn't been doing well in terms of price.
Utility wise, they already have 4 apps released and doing work with universities so I am confident it won't be a rug pull.
Reflections are delicious and community is nice.
But whales that bought during presale got impatient and left, and with the market bleeding past few weeks the price is slowly declining. Team says they are looking long-term with real utility (which they do deliver) but that doesn't directly relate to price does it?
Some words of advice would be really good. Thanks.
If you hold a token, the most appropriate step is to first analyze the selling value, whether the current selling value is greater than the current buy value, after that you have to observe the market, how the fate of the token will be this year or in the coming year.
If you've done it right, then the conclusion that you have to do is obvious, if indeed the team says they are looking for the long term, maybe you need to be patient to let go, this is actually more profitable for you than letting go now.