Should you hold INIT or sell it?
That’s what I’ll be discussing with you today, so please listen carefully so you can understand everything clearly.
INIT was just listed a short while ago. When it comes to new coins, what we usually observe is that either the price will go up or it will drop. Even if the price goes up, it usually doesn’t hold for more than 2 to 3 days.
At this moment, it’s better not to sell. However, if the price drops below $0.55, then you can assume that the price might not rise again. Still, it’s entirely up to you — your profit depends on how well you can analyze the market.
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