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Author Topic: Most trusted projects ruined me !!  (Read 1713 times)
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July 01, 2020, 03:33:47 PM
 #181

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.
This is your fault, something I've done in the past myself, seeing profits and refused to take them thinking the price will keep surging, in crypto space surging don't last forever, always take profit while there are pumps

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July 01, 2020, 03:38:28 PM
 #182

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.
holding coins unpopular for a long time is a bad choice. it's like saving a time bomb that will lose your money. assets are not popular but have attractive trades and values ​​suitable only for short-term and daily trading. saving them for the long term is really a bad choice.

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July 01, 2020, 03:59:50 PM
 #183

These kind of things really happen. There are always situations where we win some or we lose some. We just need to always look forward for us to gain profit in some projects. Some projects are not always successful because some are only hyped up by some made up influencer and we need to stay vigilant for these kinds of projects. We can do some background checks on they supporters and if we see them trustworthy then go invest on them.

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July 01, 2020, 05:27:02 PM
 #184

These happen to anyone, holding coin long term cannot give you an assurance of earning profit. There’s an instance at first the project is good but no improvement. Also always observed the project and we need to do diligence when making an investment in crypto. .
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July 01, 2020, 08:54:10 PM
 #185

It hurts the most when you analyze when a good working project just exited scam because of pure greed. I am sure all members who took part in Miracle tell project and would realized that this project gained adoption as well as usage. Everything was working all right till the team members decided to abscond with the funds.

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July 03, 2020, 02:05:05 AM
 #186

These happen to anyone, holding coin long term cannot give you an assurance of earning profit. There’s an instance at first the project is good but no improvement. Also always observed the project and we need to do diligence when making an investment in crypto. .
If the projects give good results and it will be giving a positive impact on the price and OP will not lose his profit. This thing ever happened in my life and the observation for our portfolios must be done anytime to avoid the possibility for us to get nothing from our portfolios.

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July 03, 2020, 02:15:59 AM
 #187

Holding token for long term may not be meaningless, however how meaningful it should be depends on you, most of the tokens hodl after the 2017 bull run was just the choice of many of us with the mind that it would rise back soon, until it became a disappointing value and we had no choice than to rather leave it. Just holding token without smart target and use like in those moment made it meaningless.
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July 03, 2020, 02:33:22 AM
 #188

Holding token for long term may not be meaningless, however how meaningful it should be depends on you, most of the tokens hodl after the 2017 bull run was just the choice of many of us with the mind that it would rise back soon, until it became a disappointing value and we had no choice than to rather leave it. Just holding token without smart target and use like in those moment made it meaningless.
In my case I missed the chance to sell early of 2018 when most altcoins are soaring high. When the price of my tokens decreased a bit, I didnt sell because of the thought that it can return to its high price. However it didnt manage to recover back and now im still holding it, still tradable but not worth to sell so im still waiting for an acceptable value to sell.

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July 09, 2020, 03:36:31 PM
 #189

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 is not actually meaningless because in the span of time you were holding those coins, there might come a time that you see that there is still an improvement on the prices of those coins. It is just that it doesn't meet your expectations because you were still stuck on thinking and comparing the happenings on the year 2017 and early 2018.

There are lots of happenings that brought changes on the behavior of those coins when it comes to usage, importance that also affect its price which some or most of the coins you hold from 2017 to 2018 turns out to be invaluable anymore. But, not all coins are like that because there are still coins from those year that have still survived and make an improvement although it was a little bit far from the price expected, well at least you can still gain from holding those so it is not literally meaningless. Just be thankful enough if the coins you were holding do still have value or still undergoing improvement on its price because it is still an important detail that is in need to be notice.

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July 19, 2020, 10:00:37 PM
 #190

Why rushing into quick conclusion? Holding for a very long time is not meaningless, it only depends on the type of coin you are holding and what they have to over the crypto community, you can always hold a good coin for as many years as you like, ETH, XLM, TRX etc Hold this top altcoins for a long time and secure a meaningful future for yourself.

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July 19, 2020, 11:17:56 PM
 #191

I have always hold unto this and that is that no project should be trusted to the core. You might like the concept of the project and the project itself might have a good layout, but the team through their actions and inactions, might cause the death of the project or the project might plummet beyond a reasonable doubt. I only hold for long, coins that are already established.
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July 19, 2020, 11:23:47 PM
 #192

I have always hold unto this and that is that no project should be trusted to the core. You might like the concept of the project and the project itself might have a good layout, but the team through their actions and inactions, might cause the death of the project or the project might plummet beyond a reasonable doubt. I only hold for long, coins that are already established.

That's why it is better to discard fast those tokens or coins that you got from bounty hunting. Because the probability of losing its value is very high. If you will wait too long, you will find out that either they are already delisted in the exchange or the value is already down to 1 sat. Up until now, only the established ones remain to have value like of course btc and eth.
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July 19, 2020, 11:28:35 PM
 #193

in 2017 - 2018 I have a token which is very profitable for me and profitable up to $ 5,000, but indeed in recent years the token is quite disappointing, but I still hope the potential will benefit from tokens and coins.
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July 20, 2020, 01:31:28 AM
 #194

It is not trusted anymore, everything change so a good projects nowadays doesn't mean it will become a good project in many years. There are some who are just good in the beginning but their true nature reveal after few months. Many projects before are now worthless, I also have a reliable altcoin before but now it is one of the shitcoins that we should dispose. I think it is really better to research and to understand the market whenever we will buy a altcoin or participate in the project on the market.

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July 20, 2020, 01:47:02 AM
 #195

It is not trusted anymore, everything change so a good projects nowadays doesn't mean it will become a good project in many years. There are some who are just good in the beginning but their true nature reveal after few months. Many projects before are now worthless, I also have a reliable altcoin before but now it is one of the shitcoins that we should dispose. I think it is really better to research and to understand the market whenever we will buy a altcoin or participate in the project on the market.
To be clear, there's no TRUSTED thing in the business field, especially in the cryptocurrency market. We all have to be a little bit skeptical even with the most "trusted" project. We all know that we have no guarantee in this market, though, the only thing we can trust is ourselves. Sometimes, being skeptical will be helpful for us in avoiding risks!

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July 20, 2020, 11:26:23 AM
 #196

in 2017 - 2018 I have a token which is very profitable for me and profitable up to $ 5,000, but indeed in recent years the token is quite disappointing, but I still hope the potential will benefit from tokens and coins.


I hope you are alright man, you are not alone, a lot of us have that kind of experience, I even have more that until now I'm still holding it but looking at its value, it's very disappointing. Just consider it as part of the journey, sometimes we make mistakes but what's important is we keep learning to improve and correct it, this coming bull run (hopefully will come soon) , we should be smarter and must do the right decision and that is not to be greedy.


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July 20, 2020, 11:59:41 AM
 #197

Holding multiple Coins does have a greater risk prospective meaning if the token that you hold is an Ico coin which we cannot predict future developments because some developers only give sweet promises to investors. I am sorry for your loss, hopefully in the future you can be more careful in investing.

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rahmatullah9305
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July 20, 2020, 12:08:40 PM
 #198

in 2017 - 2018 I have a token which is very profitable for me and profitable up to $ 5,000, but indeed in recent years the token is quite disappointing, but I still hope the potential will benefit from tokens and coins.

If tokens and coins that you have had can make a profit of up to $ 5,000 during 2017 - 2018, but you forgot to sell it at that time, then you will not get that much profit on that token or coin at this time, because the token or coin is no longer being developed by the team, it will be difficult to increase prices after falling prices in the past.
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July 20, 2020, 01:15:14 PM
Merited by JoyMarsha (1)
 #199

Holding coins for long term is not meaningless, countering the view of OP. Before investing long term on any coin, be rest assured its what you can afford to lose, and also be very sure the project has a working product and very wonderful backings, not only a good team. You might make fast gains on some coins short term, but it doesn't mean long term hold is entirely bad. Same way you can lose funds on short term trading. It all depends on what works for you IMO. I held BAND and TOMO long term and recently sold 75% of my bag with very cool profit.

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Fredomago
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July 20, 2020, 01:21:39 PM
 #200

Holding multiple Coins does have a greater risk prospective meaning if the token that you hold is an Ico coin which we cannot predict future developments because some developers only give sweet promises to investors.

Most of the time, initial coins are too good with so many promises but in the real world, they are not doing anything so risk really high with
investing your money with kinds of investment.


I am sorry for your loss, hopefully in the future you can be more careful in investing.

Moving forward, you should go on and try other venture but needs to be more careful the next time you invest again.

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