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Author Topic: Most trusted projects ruined me !!  (Read 1711 times)
Apostlekin$$$
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June 13, 2020, 04:12:43 PM
 #41

Don't trust any crypto projects except bitcoin, when you've done enough research on altcoins always have it in mind that they can fail at anytime so consider them as higher risk investment, that's why you need to invest the very little cash you can spare just in case.

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June 13, 2020, 04:43:44 PM
 #42

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.
I think crypto is still a game of chance, and not that you're extremely ruined because you held for a long time. There was a token (ESH) which was released to the market over two years ago only for it to do a frog limp to over $2.4 from less than 2cents. Can you beat that? Well, a lot of those who had an appreciable quantity made a good ROI from cashing out while others still held to receive the McAfee token — GHOST, airdropped to ESH hodlers. My advice to you is to always check the tokens you're hodling if there are activities going on around them or the devs have abandoned ship. If there are activities, don't dump. Keep hodling. One day, something will pump them too.

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June 13, 2020, 04:44:36 PM
 #43

I have a different experience. many of the coins that I received earlier on free giveaways or in bounty simply hold in my portfolio and I even forgot about them, but in 2020 some of them began to bring just excellent profit.  I already earned about 3 thousand dollars this year on old coins






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June 13, 2020, 04:48:22 PM
 #44

Projects are rarely that trustable even if you know what you are doing. Normally the world is full of scammers and/or people who fail at their job. I once bought a stock of a company that I thought was going crazy high, it was actually one of the most profitable investments I have ever done, it did 7x in 11 months and I was shocked, yet the dude overpaid on so many things with the new found high revenue that costs basically killed the business when they couldn't keep the revenue that high and failed.

Now there are projects who outright steals from you but also there are projects where they are idiots. There is really no way of guarantee any wins on any investment, sure it is not a good thing to hear but just keep on researching and investing, eventually you will win.

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June 13, 2020, 04:51:55 PM
 #45

Icos most of all were just a loss of time, a lot projects just tried to get millions of $ in orders to offer nothing, and I not even mentioned those that just run away with money of investor, for me glad I invested only in one ICO and I didn't lose so much, I feel sad for those that put a lot of effort and money into a project and lose it all Sad

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June 13, 2020, 05:02:45 PM
 #46

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.
Unfortunately, you entered the market right at the peak range that is why you are feeling this way because after that there was like 2 years of downtrend.
Now, the market seems to be improving so i would suggest you to wait for atleast 1 more year and if your holdings are good projects then definitely they will grow and give you decent profit in few more months when we finally enter reall bull trend.

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June 13, 2020, 05:26:33 PM
 #47

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.

I agree with you bro, it is meaningless to hold tokens /coins for a long time because all will manage to do is hold for the team to dump on you, the more you hold the more the value depreciate, before I use to do this, I believe all the people that would shout hold but I think it doesn't work with majority of altcoins, the only coin to hold for long term is btc, most alts are not worth it.
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June 13, 2020, 05:39:48 PM
 #48

Take Profit! Take Profit!! Take Profit!!! A Popular Slang Both Forex And Cyrpto Traders Echo At All Times, But Traders Problem Is Greediness, Stinginess. There Is Nothing Wrong With Taking Profits No Matter The Amount, Practise This As A Good Trader.
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June 13, 2020, 05:49:25 PM
 #49

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.

Hodling token for long term is still good you just need to now and follow the right time to sell coins that you are hodling, there should be a point that you are going to choose to sell your coins, and you will know this if you follow the development of the coins you are hodling and the condition of the market.
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June 13, 2020, 09:05:20 PM
 #50

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.
For the best opportunity you should wait. That time was the best time to sell your tokens. Long term hold isn't meaningless, holding time is meaningless. Why don't you buy any top coins then your thoughts will be charged. You can earn profits from any coin, if this coin now has a very good reputation in the coinmarketcap.
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June 13, 2020, 09:19:08 PM
 #51

This is one of the reason investing in cryptocurrency needs to be done with own money and not borrowed money because you can't predict the future of any cryptocurrency project, anything can happen, team can run out of cash anytime and decides to quit, Infact team can be tired and decides to work away with their profit, so when investing, invest only with money you can afford to lose so as to avoid stories that touch.

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June 13, 2020, 09:20:08 PM
 #52

You know you can never go wrong by taking profits I keep hearing this statement and I've come to understand the truth embedded in it. Most persons held tokens due to their trust and sentiments in the project and all these didn't end well for such investors. We should learn to take profits when we can.
Its not about taking profit but trust a failing or failed project. It is important to know the project and the team before any investment. In the past 1-2 years of bear market less than percent of new project were able to stay above IEO price even with such profitable idea. Timing of market entry is also important, in bull market any price is good for a good project. the space is grown and product with use case is more important than the big exchanges listed and campaign.

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June 13, 2020, 11:19:33 PM
 #53

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.

yes, we should know when the right time to sell our tokens or coins my friend
because market not always up, sometimes down, thats why people should understand about technical analysis to know when to enter or exit the market
regards
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June 13, 2020, 11:42:35 PM
 #54

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.

yes, we should know when the right time to sell our tokens or coins my friend
because market not always up, sometimes down, thats why people should understand about technical analysis to know when to enter or exit the market
regards
I don't think anyone can predict the price movement of cryptocurrency precisely so when there is an upward and downward movement of prices you should at least not be easily influenced, I usually use the reverse method, when prices go up I will sell it but when prices fall I will buy it.
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June 14, 2020, 12:46:23 AM
 #55

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.

Agree that saving altcoin for the long term is futile. But in my opinion, there are some altcoins to be reckoned with and can be used as long-term investments. Projects that can be used as long-term investments are projects that already have a large marketcap value and have an active transaction volume in the market and usually have products that can generate revenue for the company

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June 14, 2020, 01:43:21 AM
 #56

well, we can't predict the future. some other coins made that year are very valuable even today, maybe you are out of luck and hold the wrong coin.

just think of it as an experience for you, because this not only happened to you, i also experienced the same thing as you. so you have to give up and move on from them. this time make your experience a teaching so that this does not happen again to you.
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June 14, 2020, 03:55:53 AM
 #57

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.
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June 14, 2020, 04:01:26 AM
 #58

Almost all the coins are far down from the price of late 2017 and early 2018. Not only the shitcoins, all the coins have seen huge price dump within this time. Look at ETHx their ATH was around $1500 but now struggling with $250.
No matter which ICO you are talking about, how good the project was. At the end, all the altcoins are kind of shit. Holding shit for long time will help you more to sink.

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June 14, 2020, 04:02:21 AM
 #59

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 happens with 99% of the alts and 100% of the shitcoins, I learned it in the bad way as well, If you want something for long, go BTC, and ALTs for short, always be ready to dump them.
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June 14, 2020, 04:29:58 AM
 #60

we just need to know when to sell and when to hold, projects in 2017 and 2018 only pump and dump after that they will have difficulty moving better. sometimes someone's greed can make big mistakes

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