Bitcoin Forum

I bought some HYC a while ago, but they haven´t gone anywhere since. I try to read about HYC and their future developments but I´m not sure what to think of what I find. Some say HYC is dead and won´t ever go up again (Last time was in October to December 2018 with an ATH in the latter month). Should I get rid of my HYC for what little there is left of the investment (with a loss) or buy more?

i see HYC price near with ALL time low,
so, in my opnion you need more confirmations if you want to buy more mate
and keep your eyes open, by setting up a stop loss lev el, if the price going down more, so, you can cut your lose short

Its all-time high is far from the price that we're looking at today.

I wouldn't buy anymore. But if you have that choice to sell it and buy something else, this is what I'm going to do. I'll sell it for bitcoin.

Good choice for bitcoin, but also think about with other alt like xrp or trx because that's also a sustainable asset nowadays. The potential of those coins will be great, based on the trend it has in several trading site particular with binance and other following exchanges.

It is always a good choice to have bitcoin. I don't think that XRP will do good for me or even TRX. Just as we know about XRP, there's a lawsuit that's being feared by holders of it but it's still an advantage for those who like to trade it for a short period of time. If that's what you think with those coins, you have already suggested it to OP and it's up to his decision if he's going to listen to any of us.

Stop to buy this crap coin called hycon. You are just wasting your money if you are spending it to buy the garbage coin. Don't let others take your money.

If this coin will be pumped again and what you must do to leave from this garbage coin. You should wait for that.
So many people have been making a big return from their investment but you are still getting stuck with this one. Think again. this is a crap coin that will be dead soon.

HYC is a zombie project and it's not dead nor alive. DAG coin has no future and believe me. These days people are not interested anymore to invest in DAG coin.

They might be true consider from the various reason just like this coin never gets pumped.

Don't be stupid enough to buy the coin that has no future. Spend your money to buy the promising coin. You have learned a lot from this and you may not repeat it again.

Ok, thanks a lot guys. I understand that HYC sucks. I´ll get rid of it soon enough. BTC and ETH are always safe bets anyways. But I´m way more bullish with the other altcoins. No more HYC though.

For a low price token like this, i prefer not to cut loss it if you can let it go the value of it.
Maybe someday unpredicted rise will come and you will be able to have some profit on it. But if no hopes on development or you have no trust anymore to them, just sell it at least its not become a zero.

The token dead, now the question did still has some good estimation from your total token?

If the estimation still a good amount no matter you take a lost around 90%, and still can sell them better to sell and try to trade with other assets. There is no reason you keep holding a token/coin when the coin/token already death.

Good luck for you!

Read a recent post somwehere that HYC can actually start doing better. I have no idea how? But ok, let´s say it does better. Wouldn´t it be a good investment right now at it´s all time low then? In theory. Then again, I´m just a newbie.

The mistake you have made is you bought the token first then you try to search information about that token. We all know there are lot of choice coin or token on market, that's why we must DYOR before buy the token, and obviously not only because HYPE. you are reffering to Altcoin pump on 2018, it's not only HYC, almost all token and coin were pumped on that time

I have seen the development of this token before, and in my opinion, it is a huge loss if you invest in HYC coins, because there is no growth at all to these altcoins, and I think HYC is just a dead coin, so don, 't waste your money buying this altcoin, it's really many choices of altcoins that have great potential for investment such as ripple, ADA SEX ATOM XRP, BNB and Etherem,

I sold all my HYC, but I am playing with the idea of getting into it again (with just a few bucks) simply because it´s so low "for the hell of it". What if the market explodes and we get a super cycle / massive altcoin season? I don´t think it´s very likely that it´ll go up, but IF it does.. The gains could be massive! In theory. If people even newer to this than me FOMO into it. Even if HYCON doesn´t have any plans. I mean, there are some 1000x tokens that do see this increase in price.

I see that only Okex has HYC!?

In my experience of a few years with projects like this, at first the project will be limited to trading only in selected areas, and it is difficult to buy but still affordable if you know how. And then there will be more fomo followers on the price that will increase with the fomo momentum if they publish many new listings, okex is great to show that they are a big project.

More precisely, consider it as GEM and shouldn't be too fomo follow it :)

Looks like it is starting to run, I can see the last 24 hours trading volume is increasing, and also starting to go up. Overall it looks like things are going well, but I think if the next time there is no further growth, you should switch to coins with better opportunities.

From outside perspective, since I am not an investor of this coin, if you look at their chart since inception, I don't think it is smart move to hodl these for long. Now, that it is gaining a lil bit in the market, if you can cut your losses, better sell it and look for another token. I maybe wrong, but look for indications if the team can still provide updates with their developments. Because without good updates, I don't think it is smart to hold this for long term. Just my opinion here.

Im not part of community or investor of Hycon. I just found about it and see that the community still active while the price was quietly low at this time.
But probably its because only a few market which list hycon, in the future it isnt impossible the price will rising since the project isnt a trash one.
In my perspective sold the coin at this low price will become irrational move.

You meant even people will pump it when HYC didn't have good news to be announced, right? if that's your theory why don't you go to some coins that are not yet pumped on binance? that would be a better choice rather than HYC and I do believe the coins on binance has so many support from the various exchange site too.
You must see the trend and when at that time you have sold all of HYC and then convert it into the NFT token like dego or flow and you have got 1000% return.

My advice is to stop investing in coins like Hycon which have low volume, immediately sell the Hycon you have and invest in coins that are much
more profitable. Try to pay attention to the Hycon price movement starting from 2018 until now, the price continues to fall. There is no hope of
recovery for Hycon, it is very likely that Hycon will become dead coins. I don't understand what the reason you bought the Hycon, if I do analysis
Hycon is not really worth buying.

You meant even people will pump it when HYC didn't have good news to be announced, right? if that's your theory why don't you go to some coins that are not yet pumped on binance? that would be a better choice rather than HYC and I do believe the coins on binance has so many support from the various exchange site too.
You must see the trend and when at that time you have sold all of HYC and then convert it into the NFT token like dego or flow and you have got 1000% return.
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Yeah. They used to be solid. Maybe they´ll get up and running again. I don´t know. I feel like I wanna invest a little into them again. Maybe wait for a sign of life from them first. It has moved a little up lately though.

This coin is dead, has been delisted from Bithumb Korea. The Telegram group is full of bots asking the same questions from a script on a daily basis. Anyone who asks accountable questions gets accused of spreading FUD and is banned. The death of the CEO Kim Taewon is being being concealed he was comatose having been  hospitalised for a suicide attempt, but unfortunately succumbed.

This project started out legit, but is now a scam. It's almost a quarter through the year and there is no 2021 roadmap. Some people lost thousands investing in the ICO. All of the Western team associated with the project left a few years ago.

Steer clear.