losing $90 in Medicalchain Coin

[ahmedsamir]

Dears,

What I have to do am losing about $90 in Medicalchain Coin

and It's price no is about less $1

do u expect to raise or not ?

[1715135401]

1715135401

[1715135401]

1715135401

[1715135401]

1715135401

[1715135401]

1715135401

[jackg]

You got a link to it on an exchange?

You've got two options with lesser known coins:
1. Take it as a lesson not to "invest" in something without sure plans and actually if someone wants to buy it for a dollar AND it has nothing innovative about it that might still be a good price.
2. See if it gets pumped at some point but it could fall much further first..

[jossiel]

How much was your capital when you bought that coin and how much you have left with the value for that coin? The rank of that coin is exactly at 1k.

Volume's kind of losing hope with $11k for 24 hours. I think the right thing for you to do is to sell at losses before you go further in a loss or have nothing left holding with that coin. The chart has already the hint that it won't be active anymore.

[Pmalek]

I assume you purchased it when it was at its all-time high and that is what you mean when you say you are losing $90. The coin has lost over 99% of its value. There is nothing anyone here can do for you. You shouldn't invest in projects you aren't familiar with. Seems like a proper shit coin if you ask me. Try to sell it, trade what you have for Bitcoin, and get out of there. 

[hatshepsut93]

Move on and take it as a lesson to never trade shitcoins. The worst things you can do right now is to keep hodling this shitcoin, or trying to chase your losses with other shitcoins. This will only make you lose even more money. Just buy Bitcoin and hodl it for long term, this is both the safest and one of the most profitable choices in crypto, but people, especially newcomers, tend to ignore it because they get greedy and want to see fast returns, and shitcoin scammers abuse this mindset.

[jossiel]

How much was your capital when you bought that coin and how much you have left with the value for that coin? The rank of that coin is exactly at 1k.

He had purchased $90 worth of medical chain shit and now his $90 worth of coin has become $1 worth of shit. Selling on such a loss is huge pain. When I was a newbie, I had invested in a shit and later I had to lose almost 80% of my money at that time.

It's painful to sell at loss but he can't do anything anymore with it and that's his final choice.

To sell in whichever price is the choice that he've got whether it is a loss for him. Unless he's too patient and wait for a comeback for this coin and if it rises back, that's good for him but it's very unlikely that this coin will ever go up again. I did the same mistake when I was a newbie and just learned from that.

My first question was wrong, it should be what was the price when bought. Maybe he bought at the top of the charts of that coin.

[robelneo]

That has been the case for many investors now investing in ICO then losing over 80% of its value, it's advisable to just invest when the coin/token hit the market, you will have insight and idea if the coin has demand in the market, and you will save yourself if the developers abandon the project or run away after getting the fund, $90 is not a big amount compared to others I know who losses thousands of dollars.

[OgNasty]

As others have stated, if you’ve learned your lesson and decide to stack BTC instead of trade altcoins, the $90 education would be well worth it.

[mk4]

A complete utterless shitcoin that currently has a 24-hour volume of $5000 on Huobi Global[1]. You probably already know that that coin's pretty dead. Chances are though, you probably got those from an airdrop I might guess? Though if you bought it losing $90 is not the end of the world so it should be completely fine.

[1] https://coinmarketcap.com/currencies/medical-chain/markets

[sujonali1819]

do u expect to raise or not ?

Just forget about it and start your next journey. Hope you will be aware of these shit altcoins in your next journey.

Not only you but also many of us in this situation because of holding shit altcoins. If the altcoin would eth, dash, LTC then I could suggest you to hold, and maybe we can see more potential price correction in the future. 

[ahmedsamir]

thanks for all replies

Yes it's a big lesson, I trade on Bitfinex and this time the coin raise in dramatically high in this case the increase will %100.

If i Found coin in the trading and it's profit is high what I have to .. what is the reference to evaluate it.
this coin have website - white paper .. else ..

that is the tips

thanks

[joniboini]

If i Found coin in the trading and it's profit is high what I have to .. what is the reference to evaluate it.
this coin have website - white paper .. else ..

Well, 99% shitcoin has that. You should look for partnership, product value, competition etc. It is like finding a needle in a haystack, don't just bought something because it rise 100% whithin a week.

[posi]

thanks for all replies

Yes it's a big lesson, I trade on Bitfinex and this time the coin raise in dramatically high in this case the increase will %100.

If i Found coin in the trading and it's profit is high what I have to .. what is the reference to evaluate it.
this coin have website - white paper .. else ..

that is the tips

thanks

Having a good website and whitepaper of a project doesn't mean the project will make waves and the last time i checked this project concept was to put the patient in control of their medical data and giving them the power to share the single whoever they want which we both know that the governments will kick against that due to their centralized system.
 With that been said, mistakes make and lessons learned what you have to do now is sell the coin for BTC cause the market is still in the downtrend stage.

[ElmedoRator]

Never heard of this project, there are thousands of shady projects like this in this market and there are a lot of people stuck like you. There is no way to return, it is best to forget it and invest in the top altcoins in this market to be safe.

[btc78]

Dears,

What I have to do am losing about $90 in Medicalchain Coin

and It's price no is about less $1

do u expect to raise or not ?

When did you buy this coin?when it is Hyping? and also which exchange this listed?

I assume that you bought this coin back in 2018 when the price is growing ?why need to wait this long before being aware ?

the price now is 0.002$ according here

https://coinmarketcap.com/currencies/medical-chain/

I think you are waiting for nothing as of now,but we don't know in future if this will comes hyping again.

[TopTort777]

You are losing only when selling. So far you are still holding. What was the price when you bought Medicalchain Coin? $90 is this amount invested or "your calculated losses at the moment"?

You know what? Sell it? Let it be your first negative experience in investing. This will teach you to be more smart when selecting an altcoin to invest. You wont study if you dont make mistakes. Learn the lesson and come back stronger.

Frankly, I havent seen any successful crypto projects related to medicine so far. I might wont seem them soon. Medicine and cryptocurrency/blockchain are still too far away from each other.

[shoreno]

 how much did you invest in total ? 90 usd loss can look small if you invest over 200 usd but lower than that could be alarming anymore  and what is the price of the coin you hold before  . you know if the coin is likely fake when it jumped alot without unique reasons  and the sad part is if when you got attracted by that  but if its not the way i described it then you can be just fine if youl wait and please dont be paranoid to whatever i said earlier because like i said i didnt knew this coin yet  .

[Dpat]

You are so fortunate that you lost only $90 for a worst nasty coin. But there are many newbie who are already lost their hard-earned penny millionth of worth. Even I also lost more that $10,000 in terms of value and also faced the hackers hacking in my account and they theft my another $10,000 worth of crypto. So, be patience and invest wisely and ultimately, I suggest you keep your crypto in a safe place.

[Febo]

What I have to do am losing about $90 in Medicalchain Coin
and It's price no is about less $1

How is it possible that in the middle of medical pandemic the value of  goes down?  That is impossible. Right now everything medical is needed 10 times more. Is it possible that this coin like so many ICO coins have no use case at all?  And everyone bought it were just a bunch of ....

[kotajikikox]

You are losing only when selling. So far you are still holding. What was the price when you bought Medicalchain Coin? $90 is this amount invested or "your calculated losses at the moment"?

perfect,as long as the coins stays in our wallets we are still not losing,yeah the conversion may fall but the volume will remain.

You know what? Sell it? Let it be your first negative experience in investing. This will teach you to be more smart when selecting an altcoin to invest. You wont study if you dont make mistakes. Learn the lesson and come back stronger.

For me?with that so low value?i would rather consider forgetting it for a while,i will just let the coins inside my wallet and just comeback after a year or 2.

Frankly, I havent seen any successful crypto projects related to medicine so far. I might wont seem them soon. Medicine and cryptocurrency/blockchain are still too far away from each other.

But Medical project will soon be acknowledge because this is one of the most important needs of the world.