ukloon
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May 25, 2018, 05:20:19 PM |
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I've bought coins that have plummeted in value and never recovered, these are as good as dead coins even though the project is still active! One example is Monetha, has a lot of potential with a big development budget but it can't seem to create demand. Just holding and see what happens far in the future.
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miningguru
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May 25, 2018, 05:29:40 PM |
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Till now i didn't show any interest towards dead coin because I don't want to risk my money on dead coins. So we have to be very careful when dealing with these shit and dead coins.
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contactmike1
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May 25, 2018, 07:00:55 PM |
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Yeah, I've supported DETHEREUM, I didn't know nothing about this coin, it was something like pump. Yeah, one of my friends recommended this coin to pump and I lost my money on yobit. But it was something like experience. At the same time I knew that I probably should lose money, but I've tried
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South Park
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May 25, 2018, 09:10:05 PM |
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Have you ever supported, bought or mined a coin that died later on? Why did you support it? What did you learn from it?
Not yet, but unless you avoid altcoins completely at some point you're going to do it no one is perfect and at some point you're going to make a mistake and support a bad coin, after that happens to you the first thing that you need to do is to reevaluate your strategy and see if you have made the mistake of support some altcoins that eventually will have the same future.
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joinfree
Sr. Member
Offline
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
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May 25, 2018, 09:17:29 PM |
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i think that we all did on the past, just like it happened with dogecoin when it dropped by more than 80% during the last few years (it recovered during the last december but that is not that old) There are a lot of other coins that i used to mine on lately 2015 that are now dead.
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Crypto Enthusiast supporting innovative ideas for the Liberalization of the world from the Centralized Institutions.
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Mr.ZODIAC
Member
Offline
Activity: 336
Merit: 11
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May 25, 2018, 09:21:01 PM |
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i think that we all did on the past, just like it happened with dogecoin when it dropped by more than 80% during the last few years (it recovered during the last december but that is not that old) There are a lot of other coins that i used to mine on lately 2015 that are now dead.
on my wallet there are a lot of coins that can not be realized, because it was not from the very beginning were doomed to failure. And maybe some developers have made a choice in favor of their own benefit, and not the implementation of the project. I want to name such projects as Monkey and Danero.
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koldir
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May 25, 2018, 09:51:04 PM |
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Have you ever supported, bought or mined a coin that died later on? Why did you support it? What did you learn from it?
Of course it happened. You can never be sure what happens to the coin you buy. Sometimes it fell to the bottom and stayed there.
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jdgranfiel
Copper Member
Newbie
Offline
Activity: 350
Merit: 0
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June 12, 2018, 01:29:04 PM |
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Wasn't sure if these some of my coins are dead coins. I picked them from an exchanger trading site. They call it shitcoins. I haven't seen any development on them for a long time. Hoping they'll be pumped up sometime.
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waaat?
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June 12, 2018, 01:45:30 PM |
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One of my first dead coin is a VIDZ. This coin becomes dead after team break. One member exit after big pump. And other member ends support soon. I watch for it sometime after. But I saw slow death on market. And yes, I don't support such coins. Life is too short
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fulmetal08larz
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June 12, 2018, 02:14:45 PM |
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I did invest on a coin that was once full of life and gave high rewards where I gained profit, DVRS is one example. BUZZ don't have any movement for the past few months so I considered it as dead coin but, just today, It is currently one of the top coin being traded with 50 BTC volume as of this writing. The core upgrade scheduled within this month could be one of the reasons why BUZZ is starting to make a noise.
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bitcoin31
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June 12, 2018, 02:22:02 PM |
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I remembered before I invest to the coin that the price is very low or possible to become dead because they at lowest price which is 1 satoshi but after few days they increase and I get more profit with that coin and that's good why sometimes I invested to the altcoin who possible become dead.
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Re.won14
Newbie
Offline
Activity: 168
Merit: 0
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June 12, 2018, 02:43:28 PM |
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Dead coins are true and we all want to avoid this but there really are times that we will have a bad luck but we need to learn from it. Supporting a dead coin is iust as good as scam.
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jagdeepjd
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June 12, 2018, 02:49:04 PM |
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Have you ever supported, bought or mined a coin that died later on? Why did you support it? What did you learn from it?
Eventually, I did with a couple of coins I did not mined them but I bought them during my initial days of trading, I did not know that we need to cut losses at a certain point if the coin is not doing well. so I bought the coins and had a target of certain % of gain on them but that never happened and I am down 90-95% on those coins(they have literally died). I don't see any point in selling them now so they are with me still reminding me of mistakes and not to commit the same mistake again.
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realknow
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June 12, 2018, 03:18:00 PM |
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Have you ever supported, bought or mined a coin that died later on? Why did you support it? What did you learn from it?
Eventually, I did with a couple of coins I did not mined them but I bought them during my initial days of trading, I did not know that we need to cut losses at a certain point if the coin is not doing well. so I bought the coins and had a target of certain % of gain on them but that never happened and I am down 90-95% on those coins(they have literally died). I don't see any point in selling them now so they are with me still reminding me of mistakes and not to commit the same mistake again. really sir what you think, the price of crypto coin is not stable and surely we should always monitor the price and developments about the coin that we have so we will be able to satisfactory results.
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berfanaf
Jr. Member
Offline
Activity: 116
Merit: 2
Earn with impressio.io
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June 15, 2018, 09:34:07 AM |
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I did invest on a coin that was once full of life and gave high rewards where I gained profit, DVRS is one example. BUZZ don't have any movement for the past few months so I considered it as dead coin but, just today, It is currently one of the top coin being traded with 50 BTC volume as of this writing. The core upgrade scheduled within this month could be one of the reasons why BUZZ is starting to make a noise.
I don’t think so that there is any significant point of investing your money in coins which don’t have any kind of future as investing in such coins only mean that you are going to lose your money. It is better to think well before making any kind of final decision as this choice of the coin is the only thing which will then help you in having the right amount of money. Do not take any such risk as it can result in loss of money.
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Cactushrt
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June 15, 2018, 11:39:15 AM |
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No because it involves so much risk there is no assurance that you can get your capital after how many months it's better to support a solid team and coin
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rsbriggs
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June 15, 2018, 12:10:12 PM |
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Yes, I did when I initially joined crypto but have learnt a very good lesson from it and it has helped to to always make very good research about a coin or project before I invest in it to avoid loss and waste of time.
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Casey7
Member
Offline
Activity: 266
Merit: 10
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June 15, 2018, 12:17:28 PM |
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I do support dead coin often, it's like lottery ticket you can buy them in cheap prices and sold all of them in bull season. but most often i use to buy potential projects that is why i love the crypto space, it's like a money heaven machine. Lol i recommend to buy coins on top 10 they are all potential.
Often? Really? I never support them because its most likely i will loss anything because its dead and very risky. I prefer have to choose feom popular coin. Smaller profit but is more safety. However its your choice to make decision.
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worle1bm
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June 15, 2018, 12:18:57 PM |
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Have you ever supported, bought or mined a coin that died later on? Why did you support it? What did you learn from it?
I have not get trapped into such a situation and hope the same continues in future because the feeling you get after that is very bad.Sometimes we know that this project is not good and not going to successful but still out of greed we get influenced by that and get struck in dead coins situation. So its better to look for a sound team with good backup and coin with many utilities.
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vhinzkie
Newbie
Offline
Activity: 16
Merit: 0
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June 15, 2018, 02:20:00 PM |
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Dead coins are true and we all want to avoid this but there really are times that we will have a bad luck but we need to learn from it. Supporting a dead coin is iust as good as scam.
So far i haven't supported dead coin. But i agree to the fact that i dead coin are real and it is inevitable.
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