With $HMSTR now trading on Binance, many holders are facing a dilemma: sell or hold? Before making a decision, consider the pros and cons.
Reasons for sale:
Oversupply: The huge supply of $HMSTR could lead to a significant sell-off, especially if holders start to panic.
Trust Issues: Recent controversies and community distrust may erode trust in the project.
Lack of Pre-Launch Hype: Weak pre-launch hype can signal a shaky start and a potential price drop.
Limited Utility: Compared to other tokens, $HMSTR offers few practical applications, which may limit its long-term appeal.
Conclude:
Given these factors, I personally decided to sell 90% of my $HMSTR holdings. While there is always a chance of a turnaround, the risks seem to outweigh the potential rewards. It is important to exercise caution and make an informed decision based on your own research and risk tolerance.
Remember: Investing in cryptocurrencies is speculative and involves significant risk. Always do your own research and consult a financial advisor if necessary.
