Post
Topic
Board Altcoin Discussion
Re: How do you make your HODL or dump decisions?
by
rezasg
on 08/09/2021, 10:19:24 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.
Do not rely on this type of coin. It is quite risky and only good for the short term run.
Focus on the long term investment. Search for projects that have already built their foundation for years. Has an active development team and positive social media community. What coin project am I talking about here? Lend me your ears... It is called Stakenet and its native currency XSN - an undervalued but amazing project with real utility. Check it out!