Bitcoin Forum

Hi experts, I'm new to crypto trading and invested a major chunk of my saving in OTN last year at $10 per token.
I trusted the team as it is backed my a solid company IQ Option. It went to an all time high of 60$ during the initial excitement phase and now sharpy down to $2. I'm a long term investor and can hold this for another 1 year minimum. Want to know your thoughts about this token? They have their product to be released in couple of months time. Upto what price can I expect it to grow? Should I just hold it blindly or sell it off in phases once it crosses my buying price?  Any other thoughts on this token for a newbie like me will be highly appreciated.

I sold all my OTN the past 24 hours.... I know allot about it, as i got mine from IQ options exchange..I found out some scary details that made me sell up ... first all the volume on bit z exchange is attificialy driven by a bot buying off itself.. you can see this because the orders dont show up in the order book... what this means is hardly anyone is really buying it, and the numbers are inflated.. the bot keeps buying all day making it look like people are buying.....OTN has also took down there roadmap... exchange due in april ,didnt happen.... I think OTN will give up in the end.. the coins got such bad press, its got no hope.. a dead horse.. nobody likes iq or OTN....    Whats even crazier is, I personllly jacked up OTNs price and held it above 3 by placeing bids on bit z exchange and the bot bid between them ....OTN   HAS BEEN SCAMMING THE NUMBERS WITH BOTS THE WHOLE TIME...  I crashed it today , sorry i had to do it...OTN has no heart and is robbing people all day ... you might have hope , but as soon as you get green
 I recomend get out...im not lying....... Good luck.......OTN bit off more than they can chew and they cant admit it....Wheres the exchange they promised in April???  i know more than im saying but i dont have time to write a book about all the bad things OTN is doing....Looks like they are distanceing them selves from OTN as we speak...IQ has failed so bad with this coin its pitiful....IQ will pull the rug from under your feet and not give a monkeys....  iI was biggest beliver in OTN but i found out the hard way..... im so lucky i got out in the nick of time..

I agree, their promise roadmap has no updates. I have the feeling when it was started that OTN was just hyped crypto at first. Asking people to buy the artificially inflated coin or extensively trade on IQ options so they get more commission from you trading crypto. They didn't had an ICO but sure they are genius enough to make you buy their token at exchanges due to extreme hype and marketing they made and a lot of volume from crypto trading in IQ options which drive up sales. They didn't even follow their promised minting process. I don't trust them anymore. They are liars.

I bought some Open Trading Network tokens way back December. I was amazed that it was backed by a working company like IQ Options. And I wanted their concept. However my mistake was I was also driven by fear of missing out. I didn't consider that it will stillbe traded speculatively since there is no platform or product yet. The team also give updates less often. You don't know what is happening, what was the progress. And there is no wallet and exchange yet. They didn't hit the planned target in their roadmap.

When I first saw this on coinmarketcap probably at 100% daily raise, I developed some interest and looked at the team and their roadmap. Pretty impressed to be honest.
I traded that and made profit in the last year.