I am a little bit confused about what to do what a token that I am currently holding. the token has been pumping since Octuber the first. i sold half of it in September. currently the token has done over 500% since the beginning of Octuber. i am wanted to buy more but I know it is not advisable to buy when the marketing is pumping. I know. What is your suggestion on this project. i know the price will go down. the more I wait the more the price raises.
You clearly know what you want to do with the market and i am sure you already made your profit with the token you invested. If i am in your situation i would not invest once the rally started but would rather wait for the market to rally and take my position considering the overall market situation and since you are holding a pump and dump token, i would rather be monitoring the core developers actions and their wallet address so that i would know when they start moving their coins to book their profit.
That's a good piece of advice because you need to follow the dev's movements here because they can easily rug pull the project. So once they start selling massive number of their tokens, start thinking of discarding your own tokens as well. Because a defi platform with shallow foundation can easily disappear and make excuses why they need to stop the project.