I’m currently holding a few bags from much higher entries and I’m looking for some honest perspective on whether these projects still have a future or if I should just rotate into newer narratives.
My Positions:
• DOT: Entry $4.50 | Current ~$1.26
• FIL: Entry $5.00 | Current ~$0.98
• AEVO: Entry $0.22 | Current ~$0.025
• AXS: Entry $5 | Current $1.10
I’m concerned that with so many new coins entering the market, older projects like DOT and FIL might never see their previous levels again. Specifically for DOT and AEVO, do you think it’s even possible to break $2+ anytime soon, or has the tech been overshadowed by newer L2s?
Should I keep holding these through the cycle, or is it better to salvage what’s left and move into high-conviction plays? People who aren't just "shilling" what’s your take on the utility vs. price action for these four?
Stuck in 80% Drawdown: Should I hold DOT, FIL, AXS, and AEVO or cut losses?
byu/Farhanzy inCryptoCurrency
Posted by Farhanzy
10 Comments
DOT certainly is dead for a while now, with the newest hack and all… Dead.
My god, what a horrendous shitcoin sandwich.
Lesson learned. Get out now and stop buying this type of garbage
Depends if what’s left is $1,000,000 or $1.
* If $1, just leave it, what’s the point.
* If it’s money that will significantly improve your life/quality of living, take it out and accept the lose. They’re all shitcoints so it’s all pure gambling anyways.
Nobody knows. If I knew, I’d be rich…
Could be worse bro, I had AXS at over $100. If you need the money then take it, otherwise I’d consolidate it all into bitcoin and forget about it for 10 years
Man DOT chart is just horrendous…
Why are you asking randoms on Reddit for investment advice? Do you understand how ridiculous that is?
You need a 400-1000% gain an those. Just to break even. Hot damn you are screwed
Ooff. I got out of Dot a while ago thankfully. He should sell and move int BTC or less crappy alts. Basically anything but these guys.
I entered DOT @ 25 usd. I bought again at 10 to lower my entry price. I guess it’s time to accept the L! 🥲