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Author Topic: What do you think of tokens you promoted and invested down 90%  (Read 717 times)
Rajbir1994
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September 20, 2019, 02:24:33 PM
 #101

That's really frustrating for someone to face huge loses. I even can't accept this lose easily. What about you guys?
someone703
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September 20, 2019, 03:06:05 PM
 #102

It is not surprising if the token goes down 90% from the normal price, i guess it is because it listed on bad exchange.
If they listed on good exchange, the volume and order books wouldn't go to zero
and the value of the token would stay normal, not dumped -90%
Go and check it out at Coinmarket. A lot of good altcoins and listed in binance, okex, huobi have fallen by more than 95% in the past year. The current market is very fierce and altcoin is dying

forexandcryptoauditor
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September 20, 2019, 03:11:20 PM
 #103

few days ago, I was also thinking to hold all my rewards for long term. But I see a risk here keeping them for very long period. I think, we have to exchange our tokens with top five or ten altcoins or may be with bitcoin and then we can keep it for long term.
Its been more than one and half year, I see most of the altcoins are still down around 90%. Off course there are some exceptions but most of them are not in good position.

Kasabus
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September 20, 2019, 03:25:51 PM
 #104

few days ago, I was also thinking to hold all my rewards for long term. But I see a risk here keeping them for very long period. I think, we have to exchange our tokens with top five or ten altcoins or may be with bitcoin and then we can keep it for long term.
Its been more than one and half year, I see most of the altcoins are still down around 90%. Off course there are some exceptions but most of them are not in good position.
That will actually turn me out and becoming a hopeless person. Altcoins never looks so good by now, in fact, the majority of them are still sleeping hard and we don't know if they still have a possibility that it will be alive.

I believe everyone at this forum is still thinking for the great come back of altcoins season just like how they did last 2017. Cause that is the last time I saw the market looks amazing and really profiting. And if we compared today, we are too far from that time.

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bison
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September 20, 2019, 03:26:50 PM
 #105

It is not surprising if the token goes down 90% from the normal price, i guess it is because it listed on bad exchange.
If they listed on good exchange, the volume and order books wouldn't go to zero
and the value of the token would stay normal, not dumped -90%
Go and check it out at Coinmarket. A lot of good altcoins and listed in binance, okex, huobi have fallen by more than 95% in the past year. The current market is very fierce and altcoin is dying

that happens a lot with coins with little market demand. for coins with a large demand the decline will not occur very quickly, and it depends on the ability of the project to grow and maintain their markets. if you see a coin like that then you can give an assessment of their project.

Ewox
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September 20, 2019, 04:30:24 PM
 #106

I think before you’ve invested and promoted your tokens you already read its platform right? And you would’ve invested that token if the project wasn’t promising. So, with its rate down to 90% is already expected. And besides, most token or altcoin usually drops more than half of its ICO price too; its not new to some.
ariyzt
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September 20, 2019, 04:49:11 PM
 #107

if this token that received from doing bounty its okay for me. As long as this free and not spending any penny i can accept it although the price down below 90%. But when that token from invest i would be stress like crazy
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