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Author Topic: Most trusted projects ruined me !!  (Read 1711 times)
SacriFries11
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June 25, 2020, 01:53:22 PM
 #141

I looked back and analyzed all the projects whose tokens I sold.  At the moment, the price is much lower than when I received them.  I think it’s good that I sold it. But I still keep some, because I believe in perspective.
I quickly sold my tokens when I already received it with I know that its a good to sell it. I sold them when the price hits at its ICO price. I don't want to risk it more knowing that it could possibly dump after it hits at ICO price or after it pump. I don't doubted that I sold them already. I just hold Bitcoin instead of them. Almost all the previous tokens that I hold are nothing now. Its only cost about few cents.

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June 25, 2020, 07:34:33 PM
 #142

Do not choose too many projects to invest in, just choose a number of projects that are trusted in terms of concepts already realized and running. than we speculate further about a project. we both know what happened to crypto that most projects also failed to realize their project

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June 25, 2020, 07:46:47 PM
 #143

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.
As your experience if you sell your coins now, you will be disappointed again. Take your steps as cryptocurrency market situations. Unfortunately, at that time I lost a lot of money for holding tokens and coins. Always fix the selling price before you buy any coins. To buy coins, a price dump should be needed. I don't think now any projects will ruin your money and time.
That's right, We should always consider the situation and the environment especially if you are investing in assets with value, It's like in our situation right now. Most stock assets are greatly affected by this pandemic which causes some assets to fall into their all-time low. OP's situation before was the worst timing to hold some crypto assets because the hype of bitcoin was starting to faze and it causes altcoins to go dump also, As of now there are tokens that never recovered from the disaster back then, I also hold some tokens that never recovered from that situation and all I can do is move on from it. I just accepted it just like I was out of luck and dumb that time trusting different projects that they can recover.
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June 25, 2020, 07:56:04 PM
 #144

Unfortunately this is truth, therefore, it is necessary to constantly monitor all the projects in which you invested, because at any moment any project can close, therefore, I was monitoring always all projects and already many interesting projects in which I invested are closed and many of them brought me losses.
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June 25, 2020, 08:34:15 PM
 #145

Do not choose too many projects to invest in, just choose a number of projects that are trusted in terms of concepts already realized and running. than we speculate further about a project. we both know what happened to crypto that most projects also failed to realize their project
Now you can not trust any crypto projects that appear on the market. and even those that already exist for several years may collapse and you will lose your money. so I choose a large portfolio strategy

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June 25, 2020, 08:42:51 PM
 #146

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.
As your experience if you sell your coins now, you will be disappointed again. Take your steps as cryptocurrency market situations. Unfortunately, at that time I lost a lot of money for holding tokens and coins. Always fix the selling price before you buy any coins. To buy coins, a price dump should be needed. I don't think now any projects will ruin your money and time.
That's right, We should always consider the situation and the environment especially if you are investing in assets with value, It's like in our situation right now. Most stock assets are greatly affected by this pandemic which causes some assets to fall into their all-time low. OP's situation before was the worst timing to hold some crypto assets because the hype of bitcoin was starting to faze and it causes altcoins to go dump also, As of now there are tokens that never recovered from the disaster back then, I also hold some tokens that never recovered from that situation and all I can do is move on from it. I just accepted it just like I was out of luck and dumb that time trusting different projects that they can recover.

I highly believe that most of us do really have that kind of experience ending up on holding a shitcoin into our bags.Its really impossible for some one
for him not able to do or experience.We thought that a certain project is really worth to invest and wait but it turns out to be a shit in the end of the day.
This is why this market is so unpredictable even if you do saw that a project is good and the team behind it, we cant still assure if it would able to succeed
in the end of the line.This is always been part of the risk when we do talk about investment so we should at least anticipate it.

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June 26, 2020, 12:41:40 AM
 #147

I highly believe that most of us do really have that kind of experience ending up on holding a shitcoin into our bags.Its really impossible for some one
for him not able to do or experience.We thought that a certain project is really worth to invest and wait but it turns out to be a shit in the end of the day.
This is why this market is so unpredictable even if you do saw that a project is good and the team behind it, we cant still assure if it would able to succeed
in the end of the line.This is always been part of the risk when we do talk about investment so we should at least anticipate it.
Indeed and its part of investing, we cant guarantee a 100% return because it has risk so if you experience failing to the coins you invested in dont feel bad because thats the risk we have to take. What important is we learn and careful now when we invest in coins/tokens. Long term holding is still profitable we just need to choose a coin that has real uses and worth to hold.

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June 26, 2020, 05:14:27 AM
 #148

Indeed, most old coins have drastically reduced prices, but that doesn't mean they have no potential anymore, I myself have hold several tokens since 2017 and I am sure when Altcoin season arrives, the price of old coins / tokens will also increase.

That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting
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June 26, 2020, 05:45:22 AM
 #149

Indeed, most old coins have drastically reduced prices, but that doesn't mean they have no potential anymore, I myself have hold several tokens since 2017 and I am sure when Altcoin season arrives, the price of old coins / tokens will also increase.

That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting
I do agree,

It is still depends on the altcoin that you are holding. If it is something such as you said, then there is no point of holding because even if it looks like a trusted project, it will only be a waste of time and effort for holding in a long term.


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June 26, 2020, 05:47:44 AM
 #150

It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
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June 26, 2020, 02:38:03 PM
 #151

That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting

What is your opinion on Waves? Altcoin is among top100 alt, have running product and Waves DEX is a popular place to trade. Devs are doing thing from time to time.
Despite all that I've already market this alt as a dead coin or bad investment. I've been holding Waves for more than 1 year, and during that time my invested 100 bucks now worth ~34.

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June 26, 2020, 02:55:43 PM
 #152

It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Hold altcoins in the long run is suicide, even those are the leading altcoins in this market. If you invest in altcoins, you need to have a clear strategy and should only invest short term and make a profit from it.
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June 26, 2020, 08:50:46 PM
 #153

Just because you trusted them, doesn't mean that they're capable of actually delivering one their promises.

There's a reason why IPOs are only available to accredited investors... Because only these people know the market enough to understand the risks that are involved and properly conduct a risk assessment.

You invested your money, almost certainly with little to no investment experience, thinking you're going to get rich no doubt. Look where that landed you.





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June 26, 2020, 09:41:12 PM
 #154

Those tokens you hodl are now worthless due to you miss the bull run. Although you didn't see it coming that bull run would only last in 2017. It's a pity it happens that way.
You should hope on a better day's ahead, that the coins you hodl now won't end up the same way

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June 26, 2020, 10:36:10 PM
 #155

It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
l do agree with your opinion, most of the projects are just useless as you above mentioned. More than that it is just wasting time, as you know there was more chance to make profit from projects, but it is just so different at the current time. About long term investment, in my mind top altcoins are a good choice for long term investment, on the other hand, you will not get profit for most coins for the long term.

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Psynthax
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June 26, 2020, 11:36:11 PM
 #156

It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Those projects who have traded below the initial price are the failed icons. That means if they have no product and they have no competence to compete with the project that can create a good product,

Even a new project is much better.

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TopT3ns
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June 26, 2020, 11:48:56 PM
 #157

It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Those projects who have traded below the initial price are the failed icons. That means if they have no product and they have no competence to compete with the project that can create a good product,

Even a new project is much better.
gathering or offering a project that uses the ICO method is no longer profitable and no one is interested in ICO because at this time everyone prefers to use the IEO method which is still a bit safe but IEO can be said to be a safe place when in a trusted exchange place such as a Binance or KuCoin exchange place.

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June 26, 2020, 11:50:33 PM
 #158

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 suppose this was the period most coins were posting all time highs

bitcoin "the great" too was riding high which every altcoin out there rode the pump.

Unfortunately things happened so fast and crypto markets crashed which in all honesty was not about a bad investment,

but rather a bear market.

R


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June 26, 2020, 11:59:47 PM
 #159

It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Those projects who have traded below the initial price are the failed icons. That means if they have no product and they have no competence to compete with the project that can create a good product,

Even a new project is much better.
gathering or offering a project that uses the ICO method is no longer profitable and no one is interested in ICO because at this time everyone prefers to use the IEO method which is still a bit safe but IEO can be said to be a safe place when in a trusted exchange place such as a Binance or KuCoin exchange place.
I still can't see the positiveness of an IEO until such time bitcoin market will subside. Though there's a huge factor that will help it become successful like taking support from biggest exchanges, it doesn't guarantee 100% as long as people's demand will take over. We should monitor realtime in order to be updated constantly.
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June 27, 2020, 01:06:59 AM
 #160

That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting

What is your opinion on Waves? Altcoin is among top100 alt, have running product and Waves DEX is a popular place to trade. Devs are doing thing from time to time.
Despite all that I've already market this alt as a dead coin or bad investment. I've been holding Waves for more than 1 year, and during that time my invested 100 bucks now worth ~34.
The waves team has already involved in the scam project called coinomat and so many people have been accusing the team and the team didn't even give a short response to these accusations. Waves is totally a crap investment today.

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