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Rug pulls galore

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It seems to me that many of the projects that were pumped high last year will not be making a comeback. CRO, GALA, THETA and others are not looking good at all. We all have a different outlook on where crypto may be heading and there are various ways to trade in an attempt to make a buck or two. For me, there will be no more 'long term' holding for sure. What about you guys - are you comfortable hodling?

Have a holding.....about 3% of my portfolio......I have sell and buy targets as the value gently oscillating between two, fairly constant, upper and lower values. I buy and sell accordingly on a two/three month cycle..  

  • Author
8 minutes ago, Will B Good said:

Have a holding.....about 3% of my portfolio......I have sell and buy targets as the value gently oscillating between two, fairly constant, upper and lower values. I buy and sell accordingly on a two/three month cycle..  

Smart - you have figured it out ????

 

The biggest problem most traders seem to have is selling and taking profits when appropriate.

No issues holding BTC, but that's about it.   

  • Author
16 hours ago, Heng said:

No issues holding BTC, but that's about it.   

Similar here - I trade BTC and ETH only.

On 11/4/2022 at 9:45 AM, DumbFalang said:

GALA

Has real utility and commercial interest outside of speculation.

On 11/4/2022 at 9:45 AM, DumbFalang said:

THETA

Been around a long time - real interest and growth

On 11/4/2022 at 9:45 AM, DumbFalang said:

CRO

Never touched it, was known as a questionable project in the last cycle.

Oh and just FYI.

 

Just because a token doesn't return to its ATH, or its initial price, doesn't equate to being a rug pull, or even a scam.

17 hours ago, Heng said:

holding BTC

ETH outpaces BTC as its 'potentially' deflationary, has real use/utility (multi-faceted) and pays a yield via staking.

 

 

  • Author
5 hours ago, Jenkins9039 said:

ETH outpaces BTC as its 'potentially' deflationary, has real use/utility (multi-faceted) and pays a yield via staking.

 

 

Thanks for your other comments. The way I see things is there are only two projects they 'might' not 'destroy'. ETH because so many other projects rely on it and BTC simply because it is the largest and some people actually believe it is decentralized and not controlled by the bankers.

 

I use the term 'project' lightly and treat every single one of them as a 'tradeable asset' made available to us in the Crypto Casino.

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