With $HMSTR now trading on Binance, many holders are facing a dilemma: sell or hold? Before you make a decision, let's weigh the pros and cons.
Reasons to Sell:
Overwhelming Supply: The massive supply of $HMSTR could lead to a significant sell-off, especially if holders start to panic.
Trust Issues: Recent controversies and community distrust could erode confidence in the project.
Lack of Pre-Launch Hype: A weak pre-launch could indicate a shaky start and potential price decline.
Limited Utility: Compared to other tokens, $HMSTR offers little practical use, which could limit its long-term appeal.
The Bottom Line:
Given these factors, I've personally decided to sell 90% of my $HMSTR holdings. While there's always a chance for a turnaround, the risks seem to outweigh the potential rewards. It's important to exercise caution and make informed decisions based on your own research and risk tolerance.
Remember: Investing in cryptocurrencies is speculative and carries significant risks. Always do your own research and consult with a financial advisor if needed.