I think you would be doing yourself a massive disservice โthinking long termโ and hodling something that doesnโt move. The objective is to maximise gains, not be idealistic. Jump on board a hyped project, ride it up, sell it and then buy Nash back later.
Jumping around is the mistake that new investors make, chasing the hype ends bad for most of investors
Jumping in hyped products is risky but if you get it right ( lucky you )
There are many ways to make money, just find what you enjoy, and go for it.
Once youโre not all in on Nex then you donโt have to really do that. Just hold the Nex bag, forget about it and use other funds to play in the market.
Generally a good signal is if NEX breaks multi-year resistance $1, comes down and retests $1 with lots of volume, then a bounce up, combined with some bullish news, something like updated NEX tokenomics (e.g. % exchange funds used to buy-back and burn NEX), new amazing value adding product or some huge increase in exchange volume - that would be time to buy waaaay more NEX