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Author Topic: I hope others will learn from this  (Read 1866 times)
Ebede
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May 08, 2021, 11:07:44 PM
 #121

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this
I notice that this community is full of emulations and correction and adoption of geniue things that, no matter the level of problem which we caused by ourselves, this life is something we have to study very well in any form we found ourselves, so some people disvalues thing's that come across them because of lack of information.

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May 09, 2021, 12:34:36 AM
 #122

You can only hold coins like BTC and ETH without looking back, this is your fault but good that you've learned from it, any coins or tokens that aren't oldy and on top of 10th position I would always watch then very close and In fact plan to hold them for short term only

I think that is a main problem for people who always tend to invest on so many coins that were not really known outside of the top coins. It is true that you can invest in ETH and BTC without looking back at them for a period of time, why is that, it is because they are widely in the news and I think it would be impossible for one not to hear anything about these coins since every crypto app and crypto social media influencer will always make updates and will always give news about it even if you don't want to hear it. Next time just do your research and at the same time always get yourself updated. 

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May 09, 2021, 01:04:03 AM
 #123

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

If you're NXPS hold in private wallet, you can still Swap it, the claiming window open till March 29, 2022.
You can swap 1,000 NPXS tokens for 1 PUNDIX token.
Go there official site and swap your NXPS
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May 09, 2021, 01:24:06 AM
 #124

I have also experienced this a lot but with different versions, it's good that we always pay attention to what we are investing in by following their Twitter and Telegram so as not to miss communication about updates on each project.
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May 09, 2021, 07:46:46 AM
 #125

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this
Yeah I guess this has happened to some few investors. It is important to always follow the social medial of the crypto projects you have invested in to get updates on whats is going on with the projects. Especially this issue of coin swaps i have witness a couple of cases where after a long time of swap some people later coming up to swap their coins because they didn't follow up on them for a long time. 
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May 09, 2021, 10:03:30 AM
 #126

I have also experienced this a lot but with different versions, it's good that we always pay attention to what we are investing in by following their Twitter and Telegram so as not to miss communication about updates on each project.
It's true that it's much better to just follow the twitter and telegram because that's very important in my opinion,
Just imagine if we miss information that is really important, of course it makes us sad,
follow anything related to the project you are participating in so you don't miss the information

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May 09, 2021, 10:08:48 AM
 #127

I have also experienced this a lot but with different versions, it's good that we always pay attention to what we are investing in by following their Twitter and Telegram so as not to miss communication about updates on each project.
yeah, lots of people have experienced the same thing. that is why we must continue to monitor every development of tokens / coins that we hold so as not to miss the latest news. as you said we have to follow all their social media so as not to miss anything.

this would be very detrimental to us if the price of the coin is very good in the market and we just skip it.
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May 09, 2021, 10:31:09 AM
 #128

I have also experienced this a lot but with different versions, it's good that we always pay attention to what we are investing in by following their Twitter and Telegram so as not to miss communication about updates on each project.
yeah, lots of people have experienced the same thing. that is why we must continue to monitor every development of tokens / coins that we hold so as not to miss the latest news. as you said we have to follow all their social media so as not to miss anything.

this would be very detrimental to us if the price of the coin is very good in the market and we just skip it.

It must be like that if we hold coins, their social media must be followed so as not to miss the latest news about the development of the coin. it must be done to be responsible for ongoing investments, and I do that too

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May 09, 2021, 10:34:21 AM
 #129

It feels really bad for me as I'm also a holder of moozicore tokens. I earned the tokens from bounties and didn't hear anything exciting about the project until I stumbled on this post. The project isn't doing anything awesome and I'm relieved because I didn't buy it and have countless worthless tokens from bounties.
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May 09, 2021, 11:00:30 AM
 #130

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

I always recommend people who are investing in cryptocurrency to keep track of the progress and information from the project that they invested (at least once a week), so even though we invest in cryptocurrency for the long term, but we still need to stay up to date with the progress and the latest news about the project, so that what happens as you experienced will never happen.
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May 09, 2021, 11:05:58 AM
 #131

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this
If you hold a token, you must know how they progress. If the token is going to swap, of course the investor will be given time to swap. Some projects have deadlines and some don't, that's the reason why you should monitor the progress of the project.

yeah, the good one will always touch about their tokens project. news will release if owner have something decision. its not only just to know about one project, but you can learn inside and make you be a better holder.
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May 09, 2021, 12:27:31 PM
 #132

Over the years of investing and participating in various bounties, a lot of tokens have accumulated in my wallet, many of which have been dead for a long time. But I have to periodically look through the links to their sites and official telegram channels, so as not to miss my chance if they suddenly resurrect.
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May 09, 2021, 06:29:09 PM
 #133

Sorry for your loss mate. It's advisable that while holding any coin for long term, one should keep abreast of latest information about the project, especially at this period that many projects are migrating to other chains based on popular demand.
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May 09, 2021, 09:21:36 PM
 #134

This is a very bad experience.I don't usually keep coins for a very long time unless it is a very good project with a clear goal ,hard working team and a great plan .Most of my funds are stored in either Ethereum or Bitcoin for safety reasons.The best solution to holding those coins is to try and keep up with the project so as not be left behind.

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May 09, 2021, 10:25:56 PM
 #135

Over the years of investing and participating in various bounties, a lot of tokens have accumulated in my wallet, many of which have been dead for a long time. But I have to periodically look through the links to their sites and official telegram channels, so as not to miss my chance if they suddenly resurrect.

I think that as an old token holder, that is what we need to do, monitor the market or have to open coinmarketcap frequently, at least we know what is happening with the tokens we have. I also have some old tokens that I haven't had time to sell because they are still in a state of decreasing price

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May 09, 2021, 11:21:05 PM
 #136

 I have never experienced this kind of issue before because I don't bullish on altcoin and what I always is to sell my altcoin when it's in green state because altcoin market are so manipulated in nature.
But, most altcoin team decided to change to new project when their previous project concepts is outdated just like NFT and Defi ate the trend in crypto market the previous project will try to include it in their project concept but that shouldn't make your previous holding worthless mostse they ought to give old holder x2 of their previous holding.

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May 09, 2021, 11:26:16 PM
 #137

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

Ofcourse you need to remain in touch with the market to see the development in the coins in which you invested. There are many forks in the small cap coins and if you remain out of touch, you will be surprise to know that your holding are worthless because you did not swapped the tokens in time. In few cases, exchanges automatically swap tokens, but if you are holding in wallet, then there are certain steps to be performed within certain timeframe.

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May 09, 2021, 11:32:18 PM
 #138

That is why I suggest people just invest in those projects that had already been established for a long time, so you can still sleep well even without checking it always.
Those projects that have mentioned by OP have not already established well, the developers trying to catch which platform to be used so their projects won't be becoming wasted. But this gives big trouble to early investors who are not totally aware of the project innovation and most especially to those who are long-term investors that never bother to check their investment every day.



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May 10, 2021, 03:22:18 PM
 #139

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

Ofcourse you need to remain in touch with the market to see the development in the coins in which you invested. There are many forks in the small cap coins and if you remain out of touch, you will be surprise to know that your holding are worthless because you did not swapped the tokens in time. In few cases, exchanges automatically swap tokens, but if you are holding in wallet, then there are certain steps to be performed within certain timeframe.

Which makes this market different from other markets. A swap should never lead to an investor losing money. I still don't get the point where the problem is that even though you miss a soft deadline why you then shouldn't be able to swap your coins anymore.

Developers can use that as an ugly burning mechanism, hoping that not everybody pays attention. It might even be for health reasons and your money is gone. That's not it is supposed to be in my opinion. There needs to be a security measure in place for those who are late to a swapping deadline.

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May 10, 2021, 03:47:32 PM
 #140

I think that as an old token holder, that is what we need to do, monitor the market or have to open coinmarketcap frequently, at least we know what is happening with the tokens we have. I also have some old tokens that I haven't had time to sell because they are still in a state of decreasing price
Yes, old tokens that are still alive must be monitored frequently if they are already in the market, but that will not apply to old tokens that are dead and not in the market, because their value is definitely not there.
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