Post
Topic
Board Altcoin Discussion
Re: Don't lock your tokens away
by
Saisher
on 12/03/2022, 14:47:42 UTC
I know we have determined newbies among us this days that have developed a strong holding (HODL) habit in themselves, I have an advice for you as a crypto holder and I hope you listen.

Do not hold your tokens for too long without looking back, I have lost some this way because later they move to main chain running on separate blockchain, imagine if you decide to check the progress of that project only in 2024 and you see that you've missed out on swapping your old tokens to the new coin..

I only HODL Bitcoin but on other coins or tokens, I keep a watch if they are developing or not and I am quick to dump if they do not deliver to my expectation or they are having a hard time with their platform being accepted by the community, we should not have loyalty to tokens that are not in the top 20 or new coins, it's very tempting to invest in a new coin but there's a lot of risks compared to those top coins in the market.