Post
Topic
Board Altcoin Discussion
Re: Will the altcoin holders hang on until the bull run comes ?
by
Fesatmas
on 17/04/2023, 14:20:34 UTC

I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
It was a bad investment decision, I know I've done it before but I've never done it again other than profiting from futures trading in terms of pumping altcoins. I think you need to see first whether Doge coin is worth keeping in your portfolio until the bull run comes? maybe Doge's bull run will increase like in the altcoin season but I don't think that doge can give you more returns because what is in Doge itself doesn't have any other functional features in the crypto world that has more technology that many crypto communities need, Doge is just a coin waiting for elon's gold vote to make its price go up.
If you are me, then I will first pay attention to whether or not it is worth holding for a longer time in any altcoin.