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Author Topic: Most trusted projects ruined me !!  (Read 1696 times)
Synaesthesia
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June 27, 2020, 01:17:29 AM
 #161

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.
Before investing, I always planned a lot because if you make a mistake in investing, you will definitely lose money in this market. I think I should only choose to invest in coins that have potential and can increase when big news comes out. However, it is impossible to foresee anything as the market will often depend a lot on the price of Bitcoin, so if the coin goes up, your investments will yield greater profits.
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June 27, 2020, 02:19:06 AM
 #162

I think I should only choose to invest in coins that have potential and can increase when big news comes out. However, it is impossible to foresee anything as the market will often depend a lot on the price of Bitcoin, so if the coin goes up, your investments will yield greater profits.
How do you find out which coins have the potential to rise when there is good news, I once tried to buy coins when good news came, but it did not affect the price movement.
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June 27, 2020, 02:38:40 AM
 #163

I think I should only choose to invest in coins that have potential and can increase when big news comes out. However, it is impossible to foresee anything as the market will often depend a lot on the price of Bitcoin, so if the coin goes up, your investments will yield greater profits.
How do you find out which coins have the potential to rise when there is good news, I once tried to buy coins when good news came, but it did not affect the price movement.
I guess it's the same as gambling. no one guarantees an improvement after news and update. we see LTC and BTC also in this year's update and not bringing about an increase. not all renewal processes and good news will create positive sentiment to increase market demand.

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June 27, 2020, 05:03:00 AM
 #164

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.

Waves? I don't like it, I prefer Ethereum Smiley

Best advice about investing in cryptos is don't get emotionally attached to them.
If  things don't smell right, get out, and that's what I did
https://bitcointalk.org/index.php?topic=2839624.0
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June 27, 2020, 06:17:40 AM
 #165

I totally agree with you, holding coins except Ethereum and Bitcoin is very risky and maybe the all your assets become zero or equal to pennies. si, whenever you are in profit, sell all the coins.

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June 27, 2020, 06:22:10 AM
 #166

I totally agree with you, holding coins except Ethereum and Bitcoin is very risky and maybe the all your assets become zero or equal to pennies. si, whenever you are in profit, sell all the coins.
Is that a lesson for a good investment? if you look at the market today. many potential and trustworthy assets have been born. now there is not only BTC and ETH. You must upgrade your knowledge.
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June 27, 2020, 06:37:20 AM
 #167

I totally agree with you, holding coins except Ethereum and Bitcoin is very risky and maybe the all your assets become zero or equal to pennies. si, whenever you are in profit, sell all the coins.
there are many coins outside bitcoin and ethereum have big potency to be bright project in future. as cryptocurrency investors we must analize coins which is be sleeping giant at this moment so in future if we invest on it huge profits will be ours . but we must have clear rule to pick this project so will not trapped in fake project.
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June 27, 2020, 07:21:57 AM
 #168

Ya I guess for long term only Bitcoin and ETH are worth holding. All others are maybe good for few years max, but then usually drop in value. Just see EOS. Biggest ICO till date and even after 2 years still around 10x less value from the original ICO value. And some projects that try really hard may also fail due to complex regulations by govt. or simply no demand for their product in market.

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June 27, 2020, 09:01:42 AM
 #169

Good afternoon Mr. Colombo!
It was not very smart to think that your favorite projects will really live forever and not follow the market, news and all the rest. Consider that this is the most important lesson that we should all take - you can not trust anyone, especially you can not trust "successful and favorite" projects and always be ready to minimize losses.
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June 27, 2020, 10:56:59 AM
 #170

2017 is an exciting year where everything is worth and in 2018 a year of struggle where we are asked to be more selective in choosing both investments and making transactions.

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June 27, 2020, 11:56:45 AM
 #171

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.

The year you've mention are the times where cryptocurrencies are trending. Since the trend, there are people attempted to make a project with crypto as a means of trading, making most of the projects are not as good as before. I can tell that you are based on ICO review sites, which are some people who rate it have low standards and not doing the review well even those heavyweights on reviewing have no idea that the project is shit. The aftermath of the trend is that more and more projects emerged, and mostly became shitcoins. It is just a pure luck having a great profit on the crypto scene nowadays and after that trend. I feel sorry for your lost. I know that it is cliche that research is the most you need to do before investing in crypto but it is the truth and also invest on your own risk.

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June 27, 2020, 04:04:52 PM
 #172

2017 is an exciting year where everything is worth and in 2018 a year of struggle where we are asked to be more selective in choosing both investments and making transactions.
Those were the year that price is in bull run stage, also when it comes to holding long term this does not guaranteed of returning of profit. Well the fact is not all coins can be profitable. And making some research indeed before investing a coin.
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June 28, 2020, 10:45:19 AM
 #173

There are a lot of project in crypto market so we need to see what is good or bad this project, I have a many project doing market in crypto currency. We need green trusted bounty project will be successful. Many people are doing ico after bounty campaign so get more Profit from it. After ended ico project get Token and listed exchange this coin.
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June 28, 2020, 01:09:42 PM
 #174

2017 is an exciting year where everything is worth and in 2018 a year of struggle where we are asked to be more selective in choosing both investments and making transactions.
Those were the year that price is in bull run stage, also when it comes to holding long term this does not guaranteed of returning of profit. Well the fact is not all coins can be profitable. And making some research indeed before investing a coin.

Back then, the number of new projects were low. Most of those new ones were quality projects. But the situation changed in 2018, when we had a flood of shitcoins. As a result, investors were hesitating even to invest in good projects. On top of that, there were scam projects as well, such as the PLUS Token. Unfortunately, the situation hasn't changed much since 2018. 
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June 28, 2020, 01:28:30 PM
 #175

Ya I guess for long term only Bitcoin and ETH are worth holding. All others are maybe good for few years max, but then usually drop in value. Just see EOS. Biggest ICO till date and even after 2 years still around 10x less value from the original ICO value. And some projects that try really hard may also fail due to complex regulations by govt. or simply no demand for their product in market.
For Bitcoin and ETH, you will have a lot of profit if you hold them in the long term. Because those are the biggest cryptocurrencies in this market. And for altcoins, you need to be really careful because the price could collapse and die in the future. Also never invest long-term in new projects because I'm pretty sure they will go down many times compared to the prices of ICOs or IEOs.
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June 28, 2020, 01:49:48 PM
 #176

Holding coins from the ICO project in the long run is very detrimental because it can only be a collection of our wallets as a result of the price that does not go up, so when we get the tokens from a project do not keep for so long if already had a few results should we sell immediately because waiting for a big value it is very impossible for now.

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June 28, 2020, 01:58:08 PM
 #177

Thats the market system. Sometime old project dies out on the process cause survival of altcoin in the long run will really rest waters before you can call it stable. Which projects on 2017 and 2018 are you talking about? But during that time almost all a lot of projects are boom due to bull run, however only few of them left now and still kicking.

2017 is an exciting year where everything is worth and in 2018 a year of struggle where we are asked to be more selective in choosing both investments and making transactions.
2018 is full of deception on market, what I thank is I only trusted major projects and not buying any shitcoins during that time.



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July 01, 2020, 10:08:10 AM
 #178

You just need to hold coins if you are confident in it and you understand the market well. If you thoughtlessly invest your money in little-known coins or tokens, then of course they will not bring you benefits or income.
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July 01, 2020, 10:56:00 AM
 #179

You just need to hold coins if you are confident in it and you understand the market well. If you thoughtlessly invest your money in little-known coins or tokens, then of course they will not bring you benefits or income.
And belief in a coin that we hold can also be the opposite, because the crypto market conditions that are very difficult to predict make people a little worried when holding coins for a long time, especially if the coins are coins that are not popular in crypto.
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July 01, 2020, 03:26:29 PM
 #180

I know many users who are upset at that they do not participate anymore in ICO's. One friend got around 110,000 tokens and he was happy because the company is active and all, only to find out that the company behind the token changed strategy and will no longer work on the project and the tokens suddenly became worthless. They demand - he and other bounty hunters that the company convert their tokens to the tokens of the new project but the company said they will think about it. Very sad.

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