Post
Topic
Board Altcoin Discussion
Re: How do you make your HODL or dump decisions?
by
Ureung jameun
on 15/11/2021, 22:33:33 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.

if you feel confident in that altcoin then you should hold it. but if you are not sure then it is time you sell the altcoin. because in trading everyone will seek profit. so if you feel that the altcoin can give you an advantage then you have to hold it longer until the price goes up. and if i were in your position i would hold it a bit longer because this altcoin has a good development in the future