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Author Topic: Did I miss out on 20x  (Read 228 times)
forestx (OP)
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March 19, 2019, 01:48:03 PM
 #1

Am I reading this chart correctly but HOT (not Holo) was listed on kucoin and went up 20x in an 8hr candle be going down again
very low volume but is it worth looking into for the future

https://www.kucoin.com/trade/HOT-BTC
lablab03
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March 19, 2019, 02:31:06 PM
 #2

Your very late bro and its very risky now to enter especially if the price is going down . I suggest wait for it to become stable again before jumping in because for sure you'll wasting money on it if you put money now and it will continue to collapse soon.  So must wait for another results to prevent losses and wait for the exact time don't be so excited.
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March 19, 2019, 02:41:34 PM
 #3

Am I reading this chart correctly but HOT (not Holo) was listed on kucoin and went up 20x in an 8hr candle be going down again
very low volume but is it worth looking into for the future

https://www.kucoin.com/trade/HOT-BTC
if that was not a holo token and what is that? you should provide all of details about that coin dude, that will be useless if we don't know what kind of that token that already listed on the kucoin exchange site. there's only a little spread

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mrdeposit
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March 19, 2019, 06:11:07 PM
 #4

If the orders are less, it will be easy for the price to be 20x. Because, as you say, if the volume is low, it can not possible. And if everything is as I said, you should stay away.
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March 20, 2019, 03:35:25 AM
 #5

yes buy orders are too low so it makes the price easy to rise 20x or go down more than that in a short time, so you need to be very careful not to get stuck

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March 20, 2019, 06:00:57 AM
 #6

We can say definitively that the days of 10x or 20x gains are not over. Enjin just proved that. I don't know much about HOT but I've been seeing it shilled everywhere recently which is a big sign to stay away! Looks like right when it listed on KuCoin there was some price action that looks like some 20x gains, but it was likely low liquidity a small buy at a high price still registers as a buy, and makes a huge candle like that.

reddit.com/r/kinfoundation
livingfree
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March 22, 2019, 10:34:21 AM
 #7

if that was not a holo token and what is that? you should provide all of details about that coin dude, that will be useless if we don't know what kind of that token that already listed on the kucoin exchange site. there's only a little spread
I've searched and I thought it was hydro protocol but it seems not.

It was this: https://www.kucoin.com/news/782-20

The coin is 'Hotnow' (HOT).

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March 22, 2019, 11:44:42 AM
 #8

If the price of a coin has already exploded, it is safer to look at another coin. Yes, it can rise much more, but it can fall more easily. You should learn about what happened when BTC was at USD 20000.
I personnaly don't attach too much attention to a certain coin. As it can be a trap. I prefer to look at coins which have potential, but are still having a low profile.
Freny250
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March 22, 2019, 01:51:55 PM
 #9

Have also made some research about this project and considering its awesome real life use and problems it intends to solve am not surprised it giving so high roi. It will soon go up pretty well again all i need to do now is to look for a good entry point and stock up waiting for when it will rise again

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March 22, 2019, 03:46:59 PM
 #10

at first I also thought it's Holo (HOT) but it seems that HotNow (Hot) and moreover this token is not registered in the coinmarketcap, confusing. there are  3 tokens exist to use the same symbol Hydro Protocol (HOT), Holo (HOT) , and Hotnow (HOT).

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March 22, 2019, 08:00:35 PM
 #11

Am I reading this chart correctly but HOT (not Holo) was listed on kucoin and went up 20x in an 8hr candle be going down again
very low volume but is it worth looking into for the future

https://www.kucoin.com/trade/HOT-BTC
It is not a new thing, the best time to buy a crypto coin is when it is just listed on the exchange especially on popular exchanges because we have a lot of traders on those exchanges and they always want to take advantage of the market to make profit before the coin begin to experience a dump in price, you might still be able to make same 20x profit once you can find another coin that would be listed on a popular exchange and also the time it would be listed so that can buy into the market immediately.

there are  3 tokens exist to use the same symbol Hydro Protocol (HOT), Holo (HOT) , and Hotnow (HOT).
Symbols are no more an efficient identifier. This is one of the problem of decentralization. Only solution is, we must need to be more careful which coin that we are going to buy/sell/trade.

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HichemFetoui
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March 22, 2019, 08:04:11 PM
 #12

this is normal in this market if you missed the first train try to grab the second investments opportunities will never end and successful investors and project will always be there
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March 22, 2019, 10:58:30 PM
 #13

Lots of opportunities will be missed, HOLO is one of them but there are many others that are equally good or better. Just look at TEZOS this past week, it is a projects that is equally good and some might say better as it is backed by james draper

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March 22, 2019, 11:17:37 PM
 #14

yes buy orders are too low so it makes the price easy to rise 20x or go down more than that in a short time, so you need to be very careful not to get stuck
Probably a trap, and its usually normal for a new listed coin so the hype is still on. Better not to worry if you miss something like this, its possible for the price to go higher if there’s a very low buyer that only means its just a pure hype and no demand at all so always be careful.
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March 24, 2019, 09:14:34 AM
 #15

If an asset has appreciated by this large a margin this quickly it's unlikely to continue to make solid gains and might just be the result of a pump and dump so be careful before you invest into anything that doesn't have strong fundamentals and long term potential

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May 31, 2019, 04:08:54 AM
 #16

You cant keep dwelling on lost opportunity it will slow you down.  Aside Hot there are still other coin that wil give good profit coins like matic,  carry protocol , btt and some other coin with excellent team and usecase.  You can do well to buy and keep to avoid missing out of the next pump

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May 31, 2019, 04:29:08 AM
 #17

Am I reading this chart correctly but HOT (not Holo) was listed on kucoin and went up 20x in an 8hr candle be going down again
very low volume but is it worth looking into for the future

https://www.kucoin.com/trade/HOT-BTC
This is one of the bad and dangerous charts. You see, at one point, its price was heavily manipulated and divided by 10 compared to the value at that time. After only a few seconds, its price is refilled.
If you do not believe me, you can check the WPP chart and it is / 9 after being listed on Digifinex.
My experience shows that this is not a good altcoin.

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May 31, 2019, 06:05:33 AM
 #18

When volumes are very low, a move of x20 is not particularly unlikely. Low volume coins can be extremely volatile. This does often mean that you can't make much money out of a x20 return as the orders just aren't there to be filled.
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May 31, 2019, 06:22:16 AM
 #19

Maybe because the order book isn't much?
That's why it is pushed up and down so fast?

Not really sure in this case
But looks not natural here
No idea what coin this is hmm
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