I have seen so many people on here asking for advice on weather they should hold their $TRUMP coins or sell them. My advice would be, if you have invested an amount of money that you are not willing or able to lose, sell it.
My reasons for selling would be as follows:
1) A good investment now, in the right place, could end up being profitable and help me establish a solid portfolio for mid to long term gains.
For example, one user I saw bought the meme coin at 60$ a coin and had only 900$ of his initial 1500$ investment. 900$ is enough to make a decent investment in various coins which are from projects, driven by key figures in crypto. Projects like $TRX and $XLM have been in this market from almost the get go, and as they have their own networks, can be steaked to earn dividends while you hold them (between 5 and 10% in many cases) which means that, although small, your portfolio is working for you. Having to unsteak it, also prevents me from making rash decisions about trading it.
2) Having any sizeable amount in a meme coin, unless you are willing to lose it all (you have to always be willing to), is going to be extremely stressful and you will spend all day staring at a phone screen, watching your investment go up and down until you panic sell at a loss. Don't get caught up in hype and remember that all the predictions are just pure speculation, invest your money is a solid cryptocurrency that can make you some decent mid term returns and in the meantime teach yourself more and plan your next move.
It is such a shame that Trump has done this, the coin could have been built in a much more stable way, with good tokenomics, and it would have been a great introduction to cryptocurrency for many people who would not have heard of it before. Instead the president of the United States used it to pump and dump on his own people days after his election. Alienating millions of people from ever trusting cryptocurrency again.
If you are new to it, don't be disheartened, you win some and you lose some. Cryptocurrency is a fantasticly interesting investment and gives individuals the chance to be part of projects that are most likely going to shape the future of the modern world.
Happy Hunting!
