Bitcoin Forum

After the initial spike of this 2021 Alt, I has only declined. Connecting freelancers is it's mission. Should I hold?

Over rated token. If you're keep holding this coin and you may put your money into the risk and can you tell me how much price for Brain trust that you have used it as your entry point? Have you lost a lot from holding this over rated token?
Don't you even take a look at the vesting period of coinlist and there will be more tokens to be unlocked and this will give a very big impact to the long term price of brain trust.
I know that was working as crypto fiver but it will not work. People can get their crypto job even through linkeding and fiver. There are so many crypto labour sites that already dead. I just wanna tell you about the fact,
I don't wanna make you feel fear with your investment but you must take a look at the vesting period on coinlist. More tokens will be unlocked means more dump to the price.

Taking money seems to be done with that token.

How many are you still holding with that token? If you can still sell that right away, do it. Even if you're at loss, I think that's the best thing to do. There's a hint on its chart that would tell you of not hoping with it anymore.

At least for me, that's what I'm going to do.

Whatever we do here is our right. It seems like the platform about freelance is less noticed, if you feel less, I don't think we need to follow such a project. Let's focus on the NFT or metaverse trend.

Braintrust? Never heard of this before? Platforms for freelancer might be a profitable one but not sure why this coin keeps declining; which might mean lazy or scammy devs. So, I guess you must need to react as early as possible before whales will dump to penny values. For now I just want to keep my head on metaverse and on NFT fully and consistently. I am not holding any of new projects' token. But, I will suggest if you are holding and you research says it is going to be a bearish season, it is better you take profit.

I agree with some of the authors above, the token is clearly too highly valued and this can play a cruel joke on those who hold them for too long. I would recommend taking profits rather than expecting hundreds of thousands of dollars in profits. But it is your asset and you decide how to deal with it.

The marketcap was too high for a coin with only a freelance market product. This is a coinlist coin and im not feeling doubt if this happens. Coinlist is making the coin that didn't have a solid product becomes an overrated coin. Big price but garbage product. If you're thinking you should hodl and just hodl it. I personally think this is not gonna be a good strategy for the long-term investment. More and more investors will be dumping their tokens to the market. Don't you see flow? people are able to sell their coins at the top but this time they have been losing a lot of their unrealized profit. That being said if when it has reached the peak price just sell it. Are you waiting for others to dump it? The chart is more than enough to give you a call if this is not a healthy coin.

I'm also not aware of it and the token is in a huge decline -94.0% as if every holder is dumping, there are many coins/tokens in a dip right now because of the market condition but not something like this losing -94% in just four months, the projects is losing its appeal although looking on it look like a good project, there's a lot of positive reviews from review sites, maybe a huge campaign will help revive interest about your decision to hold or let go, you're the one in a good position to decide this since you are part of it when they are starting out, but do cut your losses when you think the development stopped or there's no marketing anymore.

The most important thing is whether the dev team sticks to the deadlines and goals set in the roadmap. It often happens that early adopters want to take profits quickly and the price drops at the beginning. However, if the project is constantly evolving and moving forward, in my opinion it is better to hold on to such an investment, because one day it may turn out to be a real gem.

This project is supported by many large companies. Don't panic, if the market goes back to a bull run, the price will definitely go up again.

I think they've got a good platform. The token looks dumped at all and just they've started last year, it's a down hill. If you truly trust the project, you'll hold.
How much have you invested on it? Thousands of dollars or a couple of hundreds or just two digits? If it's two digits, I wouldn't worry at all with that but if it's touching your thousands then it's a vital part to start deciding.

It's a shitcoin like many others out there. I know at least 10 coins which utility is "connecting freelancers", and i think there's no real future in it. Freelancers want FIAT, not volatile coins

What do you mean BRAINTRUST (https://coinmarketcap.com/id/currencies/braintrust/) tokens?
 If so, I think you are lucky enough to be able to invest in the token, because I see that in the current bearish market conditions, Braintrust actually experienced a price increase of almost 12.45% and that is truly extraordinary.
Braintrust token seems to have a good project development so that it allows the token to experience a fast recovery in the market, with the support from large companies for braintrust it will certainly trigger a strong push in the market under any circumstances, I think the token is very worth investing in, especially they have a rating of 245 on coinmarketcap so it indicates if the token is a token that has high enough credibility from crypto lovers.

Freelancing crypto projects never seem to work since 2017 that I've been investing into crypto projects, instead try to go with present embraced use cases like metaverse

Thread creator should see your post and that's the truth. i can even mention some of these freelance crypto project like MYO and many more. These projects already dead. I remember when these project raised millions of USD and they are worth nothing right now. Investing in the freelancer platform will become the worst decision. As this can be accessed through anywere. There are also so many freelancer platforms that didn't related with crypto but crypto job seekers can also use it right now like fiverr.


It doesn't matter even if this project supported by so many large companies didn't mean if this project cna't fail. You must also realize the fact that if this time the crypto market is also facing bearish trend. Im sure that his token is facing the dip right now and he is loosing some money caused by his unrealized profit gets decreased.

this is completely true.
I am very surprised how freelancers are not involved in cryptocurrencies, they are not even interested. even when they get an offer to do some job and get paid in Bitcoin, they mostly try to convert the profit into fiat as soon as possible. (few exceptions of course)
btw about this coin, the team probably won't wait until the next bull run. wasting time.

I'm a freelancer. BRTRST is doing quite well today  ::)

Haven't heard of this token. If the price keeps on declining, then it's better to sell and cut your loss short. Read about the project more. See if the community is active and the developers are still working on it or not. If not, then it was probably a shitcoin and will be dead soon. IF you think the coin still has some good potential and is being actively develop, then why not invest more during this dip and maximize your profit. Though I would prefer investing in those top crypto currencies during this dip. Safer than investing in some random coins.

My number 1 rule in Cryptocurrency for most Altcoins is that I only invest an amount I can afford to lose, if you have observed that rule you won't be asking this question.
I observed that Altcoins get listed at high price and also get pumped otherwise we won't be witnessing this level of decline in price, next time I'll advice you to observe the rule.
It is difficult to tell you what to do at this point because Braintrust has declined so much and I don't know what price you bought it, if you have about 50% of your investment left you can sell.

I never heard this coin. If the project can become bigger and it is still running and try to reach their plan, you can hold the coin. Otherwise, you should leave the project and search for another project to grow in the future. However, the decline on the altcoin is following bitcoin movements and we saw what happened to bitcoin drops to $34k level and makes the altcoin drops too. But I suggest you search for the other project instead of sticking to that project because you should diversify your investment to profit in the future.

Made a small fortune!  :P

Do you work as freelancers and get paid in Braintrust?
If yes, you can still do other works and collect Braintrust and only sell when the price increase and not sell when the price is down. That is my suggestion.
You can search for the other opportunity and get paid in Bitcoin or fiat and I am sure you can find the other sources as I assume you are very experienced in your fields so you can get more customers using your skills.
This situation is temporary and will change to a better situation and with the bitcoin price now on the green candle, we can hope it will still increase this week and have more chances to break $39k.

It is a correction, I think you entered at the wrong timing. There's two things you can do, sell it and do day trading to take advantage of the swing market (since the market is not only uptrend and downtrend, on that trend there's ups and downs) and you can hold it alternatively but it's your right what to do with your alts.

But I was just bit confused "Connecting freelancers is it's mission. Should I hold?" what does it mean? hold what? alts? and what is the connection with freelancers?

Freelancing crypto projects hardly work out in the end, look into something more demanding if truly you want to be in this game for long term, why not latest utilities like web3.0 or even smart contracts?

There are few use cases in crypto world that are just money grabbers and I believe that freelancing as a use case is one of them, I've not seen one that operates very well and end very well, not extortion or deception but survival because of lack of desire.

What is braintrust, is that a kind of coin? And is concept is about connecting freelancers? That's a good concept to be honest and this coin has a potential in the future because I can see that the future is more on online, like now when there's a pandemic and most jobs outside are closing and people are finding their careers online as a free lancer.

Crypto is also trending nowadays so creating an altcoin that will be used on a freelancing site is a good idea. Maybe this coin lacks of promotion because we know that the crypto competition is tight right now and lots of us here have not heard of this coin before, that is something that their team must improve.

Yes, I would also say it's overrated even its not much popular so far but still, I believe it has chances to grow rest depends on the dev how he promotes its freelancing platform in the coming month's such platforms takes time to grow so we should also wait and watch. In my opinion, it's very early to judge Braintrust I hope it has the potential to grow in the future but it all depends on the dev.

Doesn’t really seem like the kind of project I would like to invest in. If you feel it is going to be worth it for you in the future, well it’s up to you. But for me, I am going to really avoid that kind of coin because, like someone has pointed out in the comment, the freelancing sector is one of the unnoticed, so investing in this coin with the hope that it is going to yield lots of profit back to you is probably going to be like you’re wasting your time.

And if I’m going to be talking about top freelancing platforms that are already out there and bigger than this, it is a big competition that this would end up getting swallowed by the bug ones.

There are 3 seasons in the cryptocurrency world, the first is Bullish, the second is Bearish and the third is sideways,
I think this is a sideways season, I don't know if it will last for a few months, but my advice is to hold it until this year is still very feasible,
I I still hold altcoins myself, and won't sell them at cheap prices.