đ¨ THINK CAREFULLY BEFORE SELLING YOUR $HMSTR đ¨
If you're weighing whether to keep or sell your $HMSTR now that it's trading on Binance, there are key factors to think through before taking action. The choice you make could have a big impact on your investment.
1ď¸âŁ Concerns Around Token Supply
With 120 billion $HAMSTR in circulation, the large supply could pose challenges. Although the team claims their "Phase 2" reserves will benefit holders, it might also be a method for them to exit while maintaining investor interest.
2ď¸âŁ Eroding Community Confidence
The projectâs recent move to ban active community members for trivial rule infractions has shaken trust within the community. This growing discontent could trigger mass sell-offs, which might drive down the token's value even further.
3ď¸âŁ Lack of Pre-Launch Excitement
The muted buzz surrounding $HAMSTR before its release raises concerns. Without significant early interest, its initial performance may fall short, prompting holders to sell off when trading opens.
4ď¸âŁ Limited Use Cases
$HAMSTR currently offers little real-world utility, and the anonymous team, vague roadmap, and poor communication don't inspire confidence. In contrast, tokens like $FLIP and $BONE present clear applications and have active, engaged communities.
My Perspective:
I'm approaching this cautiously. I've decided to sell 85% of my $HAMSTR holdings, as holding onto it feels more like speculation than a solid investment strategy. It's important to make rational choices and not let wishful thinking cloud your judgmentâespecially with the possibility of a price drop looming.
Stay informed and make rational decisions. Donât let emotions guide your investments.
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