ALERT: THINK TWICE BEFORE SELLING YOUR $HAMSTR
Before deciding to hold or sell your $HAMSTR now that it’s live on Binance, consider these key points, as your choice could significantly impact your portfolio:
1. Oversupply Issues: With 120 billion $HAMSTR tokens in circulation, the “Phase 2” reserves may just be a tactic to keep holders while the team exits.
2. Declining Community Trust: Legitimate members are being banned for supposed rule violations, which is eroding trust and could lead to a sell-off that further decreases the token's value.
3. Weak Pre-Launch Hype: The lack of excitement before the launch is troubling, and with little interest, the initial price might disappoint, causing holders to sell quickly.
4. Limited Utility: $HAMSTR lacks real-world use, and its anonymous team, unclear roadmap, and poor communication don’t inspire confidence. Projects like $FLIP and $BONE have more defined purposes and engaged communities.
My Take: I’ve sold 85% of my $HAMSTR holdings because holding feels more like a gamble than a sound investment. It's important to reassess your strategy and not let emotions cloud your decision-making, especially with a potential price drop on the horizon. Be informed and rational in your approach.