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Author Topic: No exchange? No Value!  (Read 2482 times)
nomenclatur
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July 26, 2020, 02:50:25 AM
 #161

you've lost your money because you've bought shitcoin (batcoin) which have no sale value even coin does not have any value if you buy a coin is needed to look at the coin was properly coin listing on the big exchange is very risky and a scam because shitcoin very much a disadvantage because many novice traders are trapped and suffered great losses.


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inanilujimi
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July 26, 2020, 03:11:16 AM
 #162

if you buy altcoin that has been listed on many exchanges it might not happen like this, another time it is more objective to choose altcoin that you must have, for your problem now it seems that you have nothing to do right now until the dev of altcoin announces a new exchange for registered.
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July 26, 2020, 07:03:16 AM
 #163

Always invest in coin which is listed almost two or three high-rank exchanges with good daily trading volume. The coin which is listed only in one exchange from a long period is very risky even it is a good project too.

yeah, if there is no daily trading volume, token value is not representative, since with a low volume, it can be easily manipulated, and small exchanges listed coins, that do not have volume should be avoided, at least for large amounts of money
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July 26, 2020, 07:10:51 AM
 #164

You invested on a useless token and now the only exchange that's been listed on has been hacked.  That's on the project team, if they aren't doing anything about it then sell that token through DEX if you can, also zero your mind because there is possibility of not getting anything in return
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July 26, 2020, 02:43:00 PM
 #165

What is the name of the exchange ? Are you sure the coin was listed only on that exchange ?
I think it is risky to buy some unpopular altcoins on unfamiliar exchange because if something bad happen, we may not be able to sell it.
We better buy altcoin which has been listed on several exchanges so the liquidity of the coin is not too low.

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July 26, 2020, 03:18:53 PM
 #166

I don't think it will be possible if there is no place of exchange, because to buy cryptocurrency digital currencies there must be a place of exchange that can exchange local money or fiat money into digital currency in the form of cryptocurrency and to survive until now and thereafter will always need a place of exchange.
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July 26, 2020, 03:28:55 PM
 #167

all you can do now is pray that the coins you buy will have value in the future, for now there is nothing you can do. but by the way what is the name of the exchange you mean?
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July 26, 2020, 03:29:36 PM
 #168

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  Undecided

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

What do you think I should do now?

Well, obviously you've been deceived by Batcoin. As I heard abut this coin, it sounds they're not gonna do a good things to everyone, honestly speaking. And that's what happened actually. And even you have a millions of altcoins in your wallet if there is no exchange listing, the coins on which you hold is still none sense in the end.
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July 26, 2020, 03:52:26 PM
 #169

I don't think it will be possible if there is no place of exchange, because to buy cryptocurrency digital currencies there must be a place of exchange that can exchange local money or fiat money into digital currency in the form of cryptocurrency and to survive until now and thereafter will always need a place of exchange.

Exchange is very important in order for the coin to move as investors and traders always look for opportunities, without exchange there's no point for anyone to buy and hold the coin,

If you are aiming to get something great outcome from your investment, you need to check every good coin which are exposed  and available with good and reputable exchange.
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July 26, 2020, 04:12:51 PM
 #170

of course without the exchange of tokens or coins will not be valuable, many tokens from dead projects have no price, many examples, TELE, TBAR, KCT, etc., we must be careful to choose tokens from the project
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July 26, 2020, 04:21:11 PM
 #171

of course without the exchange of tokens or coins will not be valuable, many tokens from dead projects have no price, many examples, TELE, TBAR, KCT, etc., we must be careful to choose tokens from the project
Yes, and many have suggested not to withhold tokens from any project for a long time, unless they are really popular and liked by everyone in cryptocurrency, and tokens that do not have exchanges, it is clear that shitcoin is not valuable.
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July 26, 2020, 05:10:25 PM
 #172

If you can't sell your coins and you have nothing to do then it has no value.
So you have nothing to do now except waiting for any new listing.So keep eyes on the project team and their social pages to know about project future and listings.
A suggestion to Newbie : Don't invest on any coin what is not listed in top 30 Exchanges with more than one exchange.
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July 26, 2020, 05:12:45 PM
 #173

Always invest in coin which is listed almost two or three high-rank exchanges with good daily trading volume. The coin which is listed only in one exchange from a long period is very risky even it is a good project too.

What about Oikos and Cartesi. They havent been listed, but already were marked as a successful projects, had lots of investors and were on demand all the time. Plus they already had a working projects.

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July 26, 2020, 05:51:33 PM
 #174

Exchange is the not the most important thing, if you own a really valuable coin you can always sell it on DEX or trade it on the OTC market. But the thing what gives token a value is the product progress and the use case, not listing on the reputable exchange.  Smiley

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July 26, 2020, 10:42:25 PM
 #175

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  Undecided

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What do you think I should do now?

I guess you already discovered from so many replies that the team abandoned this project already so it's long gone. If they still continue their project i would recommend you to try DEX exchange like IDEX because they didn't listed any CEX exchanges. But because your coin is worthless no one will buy it now. I have no idea how much you invested on it but it's better to move other good projects.
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July 26, 2020, 10:51:47 PM
 #176

all you can do now is pray that the coins you buy will have value in the future, for now there is nothing you can do. but by the way what is the name of the exchange you mean?
If the coin has no value and then we can do nothing even when we are praying and that will never help such token to get the value. In fact, if token depends on the exchange site to be able to get its value. So many times tokens worth zero value caused by there none of the exchange sites who wanna try to list it.

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July 27, 2020, 07:26:50 AM
 #177

Batcoin is already an abandoned project. Best thing to do is try to track the tokens you're holding.
If it have atleast a little progress then keep holding but if there is no progress at all then move on and find another project you could invest to.
Best of luck!
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July 27, 2020, 07:44:18 AM
 #178

It is very hopeless to know a certain project( or token itself) is not listed to any exchanges and that is an absolute no market value.
A lot of project turns like this and many where coming for sure. That is why investors have less interest in new projects because most of them are just scam and the developer itself don't care about but just their own. This is how it ruins the image of crypto and in somewhat to put in the mind of investors giving them an option not to focus on new projects but for the old ones and running projects.


If it have atleast a little progress then keep holding but if there is no progress at all then move on and find another project you could invest to.
Definitely, it is a waste of time holding these coins which is no chance to recover or even have a point to make a rally. Better to look a new one than to rely this for nothing.
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July 27, 2020, 08:22:33 AM
 #179

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value.  Undecided

 Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry

What do you think I should do now?

If now, it is no value, you can't do anything with it excepting waiting good news from it in the near future. So, I suggest that you should forget it temporarily and focusing on your main job, earning money and come back with more wise decision

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July 27, 2020, 05:08:38 PM
 #180

The first thing you need to do is to find the website to the project that has the token and from there you will get info about what is the next move. I also hold Amon token which was listed on cryptopia but when it got hacked. The dev took time to get the coin listed on another exchange despite the fact that some holders lost their token on that exchange. In case the project is in active, it is likely you end up holding a dead token
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