More on how good you are in taking the risk, if you do believe that there's still an opportunity so why not buying and staking your coin, with that good amount of staking rewards, you may earn decently if the value will also be pump when bull run happen inside the market, whatever it takes as long as you have that trust or the willingness to take that risk you might take some or if luck permits maybe decent amount of profits from this asset.
But he better be careful if he wants to buy the token because we all don't know when the gambling tokens can go up again. But staking the token is still an attractive option because at least they can get a decent return which can be sold at a high price when the altcoin market rises following the bitcoin market. The important thing is they can use what money they can afford if they still want to buy the token so that they don't sacrifice a lot of money if something happens.
It's important to use money that you are willing to let go, you are investing with a casino token which offering staking rewards, for now there's no other usages and investors are just hoping that the upcoming bull will help to increase the current value of the token so aside from that actual numbers of your invested coins those staking rewards will be adding up and possibly to add with your earnings.
Always do proper decision upon holding since not every coin is good to hold since we also need to look up on how they perform for the past few months. If they are not showing any good result for long time then provably the investors or supporters are already done with it and the project is just waiting for new investors to come since they are not gaining to much attraction to its old holders. I guess for long term holding better choose reputable alts since its so risky to choose low volume tokens or coins since most of them flop and its so rare to see some of them pump a thousand folds.
That is why this one is having a little bit of trouble as well. When you do not see it do well, you end up selling, when you sell the price doesn't go up, when it doesn't go up others see it not doing well, and later on they sell as well. This keeps going on for a long time and causes a little bit of a stagnant and dropping price to this token overall.
There needs to be people who trust it no matter what's going on to keep holding it until the bull market to keep it healthy as well. I am not selling, but I do understand people who do, I do not have most of my money here, I have just a little bit so if this token is zero one day, then I would still be doing fine and that is why I am capable of not selling, some people may not be like that.
Yup, each investors needs to have that kind of goal, if you are using spare money then you are good to keep that token whatever happen either to go pump or to dump more, it will not affect you, as you place a portion of money that you are willing to let go.