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Author Topic: No exchange? No Value!  (Read 1691 times)
nykka
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August 25, 2020, 01:35:07 PM
 #221

It`s a pity, but I reckon you have lost your money. I prefer but cryptocurrency which is listed at least on 2 exchanges to avoid such situation. Moreover buying unpopular altcoins with low trading volume is always high-risky action, because you easily can lose your money if demand on this coin disappears

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August 25, 2020, 02:22:25 PM
 #222

Your money is gone, you invested in a bullshit project in this market and now it's dead. There are many scam projects like that in this market, and if you are not careful then you will lose money on it. Invest in the top projects in this market to be safe, although it will not bring too much profit, you will certainly never lose like that.

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August 25, 2020, 02:22:38 PM
 #223

there is nothing you can do because the coin has been lost or has no value.
What you have to do in the future is buy coins that have good reviews for the long term, I know what I feel but there's nothing you can do anymore.
just don't make the same mistake going forward.

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August 25, 2020, 02:23:17 PM
 #224

I think there is nothing you can do, maybe you can only hope and miracles come

Accept and move forward, there's nothing else left but to accept the fact that if the project fall and developers decided to runaway then there's nothing left but miracles.

This is a risk from the world of cryptocurrency, this is the digital world and even the track records of blockchains developers can be faked

More likely if you invest with unknown coins who don't have any clear path. If developers are just aiming for money and fakes out every information about them and their works.

If you want to get profit from cryptocurrency then you must be prepared for the risks, such as delisted coins / tokens from exchangers

It's a must to do your in-depth  research before investing your money, the chance of succeeding is always in your hands, it will depends from how you really engaged with  your yourself in regards to the project that you'll going to invest your money.


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August 25, 2020, 03:07:28 PM
 #225

Your words are correct if there is no market then the value of the coin is empty, but I don't agree because we need to know the reason why the coin is missing from the market. If the developer and the coin team are still active in developing their coin, then hodl it until it is listed again in another market.

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August 25, 2020, 03:16:08 PM
 #226

So now I am stuck with coins that have no value.  Undecided
What do you think I should do now?
Not much you can do here, very sorry to hear that you've faced that. Maybe it will be a relief for you to hear that you're far from being the only one in the boat.
Crypto is all about venture investments. Even top alts could seem a lot sketchy compared to major stocks.
It is a very young industry and there surely will be a lot of losses due to abandoned projects like your one.
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August 25, 2020, 03:17:46 PM
 #227

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?
New or smaller projects do have significant problems listing on a decent exchange and everyone sees this a problem before investing in new projects as well.
But with the emergence of dexes and dex aggregator platforms im confident that with more upgrades and cross-chain utilities listing problems will be solved as we will be able to trade any coin or token at these decentralized platforms.

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August 25, 2020, 03:48:45 PM
 #228

Now you probably know that not all coins are worth investing, the problem with shitcoins is that aside from they are useless their primary function is just to grab investors money and run away. Next time do research before you buy, make sure the coin or project has intrinsic value, products and services to offer.

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August 25, 2020, 04:49:14 PM
 #229

So you actually bought a dying altcoin! Sad

Yes it is true if there is no exchange then your token has no real value until the tokens are used for the purpose why it was created by the team and this also not going to happen.

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August 25, 2020, 04:51:43 PM
 #230

So you actually bought a dying altcoin! Sad

Yes it is true if there is no exchange then your token has no real value until the tokens are used for the purpose why it was created by the team and this also not going to happen.
He bought it before it died, I also met a lot of altcoins like that in this market. Investing a lot in them but then the price kept dropping and being delist, I lost thousands of dollars with projects like that over the past 2 years


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August 25, 2020, 05:39:00 PM
 #231

So you actually bought a dying altcoin! Sad

Yes it is true if there is no exchange then your token has no real value until the tokens are used for the purpose why it was created by the team and this also not going to happen.
He bought it before it died, I also met a lot of altcoins like that in this market. Investing a lot in them but then the price kept dropping and being delist, I lost thousands of dollars with projects like that over the past 2 years
Even though he bought it when it had value, he should had done enough research before buying it.If a token doesn't have trading volume or not listed on many exchange then it is a red alert for the investors and better to avoid at any cost at all in future.

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August 25, 2020, 05:47:03 PM
 #232

Unfortunately, you can't do anything here and you just need to wait for news from the project team from which you have tokens in your portfolio and you must hope that they will list this token on another exchange or they will find somewhere money to return money to investors.

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August 25, 2020, 05:51:18 PM
 #233

there are so many exchanges launches day by day and it is difficult to understand which one is secure and I prefer those exchanges which have a good reputation and working for more than 3 years. but we live in digital ears its impossible to trust any exchange reputed exchange also. if you have a heavy fund then its great to store your fund in a hardware wallet.

Ensure that you only trade with the bets exchanges which are existing for long time and has very good reputation here on this forum or overall and if any issues occur their customer feedback should be supportive so that your issues are resolved quickly. This will help you to avoid any scam or losing any coins due to any security lapses etc.

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August 27, 2020, 01:19:03 PM
 #234

I am sorry for what happened to you mate, the situation now you have non valueable coin on your pocket because it is not listed anywhere yet, it is really terrible situation.
If BAT is an ERC20 token maybe you can sell it at forkdelta, but usually the price was not good anymore, its up to you to decide to hold it or sell it and exit even you loose your money.

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August 27, 2020, 01:23:58 PM
 #235

I am sorry for what happened to you mate, the situation now you have non valueable coin on your pocket because it is not listed anywhere yet, it is really terrible situation.
If BAT is an ERC20 token maybe you can sell it at forkdelta, but usually the price was not good anymore, its up to you to decide to hold it or sell it and exit even you loose your money.
When a token looses all of its value then the only option is to accept your losses and move on, there isn't any point in chasing back those bull runs that you want to achieve with that token as it may never happen in the future or worse the token getting delisted from every exchange. I have seen a lot of people who doesn't want to accept the losses and try to chase the losses and in the process they end up loosing all the money that they invested in that token, from which they could easily have taken out their 10 to 20 percent of the initial investment.

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August 27, 2020, 01:47:14 PM
 #236

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?

You can wait if ever there will be another exchange for that coin but if really nothing then You can do nothing with your coins but make decorations in your wallet. Even me have huge amount of coins stored in my wallet with out any value and not even list on exchange.

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August 27, 2020, 01:51:39 PM
 #237

That is an unfortunate turn of events since everybody campaigning for certain cryptocurrencies wants a high paying salary at the end. The only thing we can do about moments like this is to accept the fact that not every campaign have fortunate endings. Though we always have the chance to join multiple campaigns through social medias. Buying and selling different kinds of Alternate Cryptocurrencies can also have its own benefits.

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August 27, 2020, 02:09:13 PM
 #238

this is the importance of actively doing research before we decide to invest in the crypto space. anything can happen here, the evidence is plentiful and this is not only the case with a problematic altcoin scam but altcoins that have been listed on the exchange can suddenly disappear from the surface. being in the crypto space, means you are ready to take all the risks.

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August 27, 2020, 02:10:25 PM
 #239

So sad for you,no matter zerocoin whether listing in any of exchange, zerocoin is 0, nothing but 0. I also hold several coin exactly just like what you said. Let us pray for miracle that our zerocoin someday would resurrect.

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August 27, 2020, 02:13:40 PM
 #240

That is an unfortunate turn of events since everybody campaigning for certain cryptocurrencies wants a high paying salary at the end. The only thing we can do about moments like this is to accept the fact that not every campaign have fortunate endings. Though we always have the chance to join multiple campaigns through social medias. Buying and selling different kinds of Alternate Cryptocurrencies can also have its own benefits.

Unfortunate event, indeed. A coin with value is useless, and having it won't have any benefit.
If this happened, I don't also know what to do but to wait and see if the coin will be revived.
The only things that can be gained here are lessons and experience.

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