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Author Topic: Most trusted projects ruined me !!  (Read 1698 times)
CucakRowo
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June 14, 2020, 04:41:07 PM
 #81

Question is, where do you get those coins from? Do you deliberately invest or get the coins from the bounty that you follow. If you did invest, my suggestion is, it would be better if you position yourself as a late investor. Meaning, buying a coin on an exchange after the project is 6 months old. Why? I have noticed, new coins take an average (minimum) of 6 months to pass the trial (buyer, seller, hype/FOMO, less fund for development, late roadmap, etc). Usually the hype occurs in the first 3 months since the coin is listed in exchangel. But usually after 3 months, the coin will experience a decrease in interest from investors. Remember, BTC need 5 years to attract investors.


Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 14, 2020, 04:49:18 PM
 #82

Altcoins aren't reliable, it's better to invest very little money on them because altcoins can easily die at any time, many good projects came into this space in 2018 but after few years they turned dead, I belief in Bitcoin 100% compare to others

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June 14, 2020, 04:53:40 PM
 #83

It depends on what coins you hold, until now I still hold some tokens that I got in 2017, and the price is still good, even though it is not like in 2017. Some ICO projects that I participated in 2017 were good projects so their coins still survive today.
Exactly, some are still progressing but unlike from that said year ico or new project today are very risky, some coins from 2017 still have good value maybe not the same run since from that year huge bull run really pumped most of the coins unlike today where there's no huge pumped.
Not meaningless but you have to study and do a good research before thinking of long term investment,make sure to hold good and progressive projects.

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June 14, 2020, 04:54:41 PM
 #84

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered  to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
if you may know, what project are you taking part in since 2017/2018? If the project is still active now,
my advice is not to sell cheap coins that you hold

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June 14, 2020, 04:59:31 PM
 #85

2017 was the golden age for altcoin. There are no coins that did not pump in 2017. Lots of shitcoin then came on the market and robbed investors. What you said is true. There are lots of altcoin in the market of which only a few coins are good. Those coins can be hold. But there are some things to keep in mind when holding a coin, holding a coin does not mean that you will hold that coin for the rest of your life. You need set your profit target. Just as holding all altcoins is meaningless, so even after making a big profit holding that coins is meaningless.

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June 14, 2020, 05:03:09 PM
 #86

That's not the case all the time. there are coins out there that lead people to their first BTC. which can be shocking, but there are still coins out there that could be useless. The fact is in every way you look at it coins has it's risk and doubts. Imagine if you sell your coins right away and got a decent amount out of it but months later that same coin you sold for around let's say $0.05 per token is now $1. If you look at it you could have gain so much more if you have hold it just a few months. But still, there are still coins even for long term holding the market of the coin just won't budge, So just forget about it. because you have lost everything you've invested on that project money wise, theres nothing more to lose? right? Grin
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June 14, 2020, 05:43:34 PM
 #87

Crypto tokens are like penny stocks, do not get excited enough with them and think this one is the new Ethereum, make your money and run. The most important thing in the space is not to lose money, if yu are not losing money on any project with time you will be fine.

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June 14, 2020, 06:55:25 PM
 #88

not at all, if you hold good coin then it wont happen like you hold that, some coin ico mostly of them are not survive for longtime so i suggest to sell coin like that if you have, some good coin like bnb,link,trx and other have a good price after longterm.
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June 14, 2020, 06:59:50 PM
 #89

Not all coin good, if you're holding very faster development coin then you will make profits easly. I think unless and death project can give up also fake announced. Top coins cmc always good profitable but that's not mean all coin profitable.

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June 14, 2020, 08:10:46 PM
 #90

I may disagree at some point.
 Holding tokens is meaningless of that particular token has no value at all. But we can still hold even for a long term the ones which are well established and are potential. Those who contributed useful platform in crypto industry.
 
 Whether you joined many bounties and take part of the reward coins, at the end the value of the token will be depends on the purpose, the investors and the product itself.
I think the strategy is changing, so those that delayed the selling of some of the altcoin in bear season and still keeping, may need research on the state of the project in the market, exchanges listed, the development and use case. I have the feeling that most projects that do not make some remarkable pull back in the present market state before bitcoin recovers to the ATH may be neglected by traders and might struggle to reach previous ATH and breaking it

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June 14, 2020, 08:12:44 PM
 #91

Keep in mind, after the pump will definitely dump, that's indeed the nature of the market. Altcoin specifically is not recommended for long-term investments. take the moment and immediately throw away if it's already a good profit. for the long term I only believe in crypto mothers "Bitcoin" and this is a sure future.

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June 14, 2020, 08:19:26 PM
 #92

I know how you feel, I still hold in my wallet coins like Savedroid or TheKey. Do you remember that? Their ICO tokens were sold in just a few minutes. And now? The price is more than 98% down.  Cry

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June 14, 2020, 08:45:36 PM
 #93

Altcoins aren't reliable, it's better to invest very little money on them because altcoins can easily die at any time, many good projects came into this space in 2018 but after few years they turned dead, I belief in Bitcoin 100% compare to others

OP did not account for the BItcoin bear market. It's not the fault of the trusted projects that they failed and every time you invest there's a number of things to consider not only trust.

late 2017 was the worst time to buy crypto in the last 10 years.
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June 14, 2020, 10:13:07 PM
 #94

It is really painful what most people has seen in the hands of these scam projects, especially within that 2017 and 2018. However, I think holding is not completely meaningless as there are still good coins which are worth it starting with Bitcoin. Also, on the other hand, holding most new altcoins nowadays is very risky because majority of them are just for pump and dump, while some are just a means for the team to fill their pockets; therefore I have the opinion that most altcoins shouldn't be held for long.

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June 14, 2020, 10:32:10 PM
 #95

not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate

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kentrolla
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June 14, 2020, 10:57:35 PM
 #96

not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate

Yeah but unfortunately we don't see any pumps nowadays and it's unbelievable how things have changed as I sued to hold tokens worth at least $13k from initial days of altcoin and greed took better control on my mind and I didn't sell it off as I wanted to earn more but now those tokens cannot even fetch me $2k. Moreover, 2019 was one of the worst years for altcoin with too many fake ICOs which created bad name for any new coin that enters the market.









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Denreal
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June 14, 2020, 11:18:08 PM
 #97

not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate

Yeah but unfortunately we don't see any pumps nowadays and it's unbelievable how things have changed as I sued to hold tokens worth at least $13k from initial days of altcoin and greed took better control on my mind and I didn't sell it off as I wanted to earn more but now those tokens cannot even fetch me $2k. Moreover, 2019 was one of the worst years for altcoin with too many fake ICOs which created bad name for any new coin that enters the market.

You should be glad you are getting something out of it. There are now so many dead projects, which were once active and alive. If the project is still existing and you are able to sell, it will be better you exchnage it or them for better ones, except you feel it still has prospects.
Had it been you were holding BTC, you would not have lamented so much as this.
nikki4
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June 14, 2020, 11:47:31 PM
Last edit: June 14, 2020, 11:59:25 PM by nikki4
 #98

I know how you feel, I still hold in my wallet coins like Savedroid or TheKey. Do you remember that? Their ICO tokens were sold in just a few minutes. And now? The price is more than 98% down.  Cry
Cryptocurrency golden time any ICO can make fake announcement as now low volume exchange is done by IEO. Fake volume exchange IEO is getting more successful than Binance, this is only a fake announcement. You are a very patient person. I hope you will get your rewards. Always be ready to sell your coins.
coinfinger
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June 15, 2020, 05:02:40 PM
 #99

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered  to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
That’s why you’re being told not to trust any new project. If you can’t deal with having to hold coins that ends up meaningless then you should stop buying and investing in small coins/projects and put your focus on the projects that are already well developed just like Bitcoin and Ethereum, and other top coins as well.

Some of these new projects can be very good, but it’s up to the team. There are teams that will come up with a very good idea but they won’t put the effort that is required to run that project and turn it into a success. In things like this, there are lots of works required: first you discover a good project as a team, but after you have done that, the next thing you have to do is to push it. You don’t just keep it there to market itself, the project is not going to automatically grow because it’s a good project. No matter how good a project is, it still needs the right team to do the right thing and promote it so that it will gain investors and become a success.
Gorosden
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June 15, 2020, 06:41:30 PM
 #100

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered  to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.
It's your choice, most trusted project for you might be the worst projects for others, we make decisions base on our research, sometimes they work and sometimes they don't. Altcoin investments are high risk investment than Bitcoin, if you fail try to stand again, this time, better

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