Post
Topic
Board Altcoin Discussion
Re: How do you make your HODL or dump decisions?
by
Zulkifli BI
on 19/08/2021, 21:06:33 UTC
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.

I have never bought this altcoin and I do not know which altcoin you currently hold. but there are many cases that happen as you are experiencing today. so I can only suggest to continue to monitor the current price and volume, because large volumes can increase the price of altcoins, and you have to follow the development of these altcoins, if the developer is still developing this altcoin project then you better hold on until your profit target is achieved. but if this altcoin is sitting in place then it is better to sell it immediately.