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Author Topic: I Messed up with my Notcoin  (Read 298 times)
bSpend (OP)
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June 04, 2024, 10:06:29 PM
Merited by nelson4lov (1)
 #1

Hi guys,

For those who are familiar with the Not coin tap tap game, I made two mistake which have made me loss good amount of money.

First mistake
I got introduced to the game early, like 2 to 3 weeks after the game was first launched, I ignored it seeing it as something more of a child's play,, I watched the number of players increased from almost zero to millions, I started to pick interest but still did not make up my mind to join, later on, I signed up but never played the game until about two weeks to launch, I started playing later on, I was able to earn around 7,500 Notcoins in total.

Second mistake
After the launch, I withdrew my 7,500 Notcoins to bybit, I watch the price rise to $0.012  but didn't sell, I was waiting for a higher price, eventually, price started to fall and it got to a point, I could no longer bear, I sold it all at around 0.004 for around $40 usdt, and like 4 to 5 days after selling, the price of Notcoin began to rise again, and today it's currently at $0.0226 per coin, my 7,500 Notcoin would have worth $170 now, but I gave it away for $40.
What a shame on me.. 🥺
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June 04, 2024, 10:37:57 PM
 #2

It is an altcoin with huge volatility and people are only gambling with it. Invest the amount of money that you can afford to lose on such coins and forget it there until you see profit, provided if there is profit because you can be expecting profit but loss may be the outcome instead.

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June 04, 2024, 10:50:04 PM
 #3

Like the above said Notcoin is too volatile because there are lots of people who receive it for free and I guess they sold theirs too because they are satisfied with the price but still there are many people are holding Notcoin look at the community they made its a huge community and I believe there are still many of them holding a large amount of Notcoin that they earn from tapping(Usually who use auto clickers). Once they hit the target they gonna dump it.

Honestly, since you didn't spend on that coin you still got it for free and made a profit. Me, I heard about this tapping game free airdrops but I ignored it because I believe it won't ever be listed on any exchange but I regret so you should be glad even if it is a small amount you still made a profit by just tapping.

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nelson4lov
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June 04, 2024, 10:51:14 PM
 #4

Sorry about fumbling your bag, OP. The bad news is that it would take a while before you'll be able to move on fully from your regrets of not taking enough action and also for selling your bags for cheap. The good news is that, it would get better with time as it happens to the lot of us. I'm sharing my experience with you so you can feel better. I had a notcoin long opened around $0.00507 with a nice leverage (10x) and margin and then panic closed the trade and almost immediately, notcoin started pumping and the price did a 5.5x increase in less than a week. That's a 55x profit that I missed that would have netted me a nice, 5 digits profit but I fumbled the trade. I feel a lot better now and you will as well because there are going to be plenty more opportunities and you need to be there to snag them.

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June 04, 2024, 10:51:35 PM
 #5

I also have received around 7500 NOT coins, at the very beginning of this project, honestly nobody would believe they will reach this much attention and success, it is a useless project and Telegram bot, without any significant marketing, this project received huge support and built a very significant community and much players joined and liked the simple Idea.
After launching their coin, the price was falling very bad from the strong power of sellers, I also decided to sell some of that quantity knowing I have bought another quantity of WNOT which later I could exchange to NOT.
It was also a mistake from me to even sell that quantity on the price around 0.015$/NOT

The lesson here is to not underestimate any project for his look and ideas as long as the community is large and supportive, that project can be successful and more than anyone can ever guess.

.
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June 04, 2024, 11:03:08 PM
 #6

Hi guys,

For those who are familiar with the Not coin tap tap game, I made two mistake which have made me loss good amount of money.

First mistake
I got introduced to the game early, like 2 to 3 weeks after the game was first launched, I ignored it seeing it as something more of a child's play,, I watched the number of players increased from almost zero to millions, I started to pick interest but still did not make up my mind to join, later on, I signed up but never played the game until about two weeks to launch, I started playing later on, I was able to earn around 7,500 Notcoins in total.

Second mistake
After the launch, I withdrew my 7,500 Notcoins to bybit, I watch the price rise to $0.012  but didn't sell, I was waiting for a higher price, eventually, price started to fall and it got to a point, I could no longer bear, I sold it all at around 0.004 for around $40 usdt, and like 4 to 5 days after selling, the price of Notcoin began to rise again, and today it's currently at $0.0226 per coin, my 7,500 Notcoin would have worth $170 now, but I gave it away for $40.
What a shame on me.. 🥺

Why did you think about the days you sold the NOT coin op? Did you think that its market price would continue to fall? or you panicked, so you immediately sold it at a loss. Don't you know that karmihan here, who are used to that style of behavior of cryptos, is that when the price value drops, they take advantage of the price to buy at a cheap price, and the price capital amount that they allocate is just fine to lose to them.

Even I do the same thing, and when it was listed on Binance, I also bought NOT at a price of 0.012$ each. Then,  when it was listed on the exchange, it dropped to 0.004$ and 0.005$, and instead of worrying me, I bought even more at this low price because I knew that was their strategy, and now that it has gone up, I am a pro, and at the same time, I still have holdings for now.

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June 04, 2024, 11:12:23 PM
 #7

There are other people who are more unfortunate than you. I heard there are people on fb who sold it @$0.0018 each. And this thing is common anyway when you sell your coin in low then price goes up
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June 04, 2024, 11:17:06 PM
 #8

I know how shameful it is but that's not shame but a regret because you aren't able to sell it at its peak. Well, you have no capital on it in terms of money but your time was used for you to get that 7500 notcoins. I've got friends that are able to get good amount of it but just as you, they've sold early because that's free money for it. You still got $40 out of nothing but your effort, so if this is a lesson for you. It only means that if you believe in a project, you will stay longer but if not, you have to dump it asap before it dumps you first and get nothing. This is very normal when you're not expecting it to blow a lot but it did, so just be grateful that you're still able to have something from it while others don't have anything.

~Rent my sig before goes to $100k~
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June 04, 2024, 11:27:23 PM
 #9

I guess they sold theirs too because they are satisfied with the price
Notcoin reached its all time high of 0.02 USD just a few days ago hence why many of its investors have sold their holdings since. Notcoin continues to be the most trending altcoin so it’s no surprise that its growth is easily becoming the biggest this year in terms of altcoins.
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but still there are many people are holding Notcoin look at the community they made its a huge community and I believe there are still many of them holding a large amount of Notcoin
Having a game incorporated into the project garnered a lot of interested investors, it’s also very strong with social media as it is one of the most talked about token in multiple platforms. Now that it has reached its ath, this could go two ways: either it pushes past the resistance level and reach 1 USD or it doesn’t and it continues to decline signaling an end of a token.

Personally I don’t want to run and try to catch some profit anymore. Sometimes you need to accept that it’s already too late to hop on a project and move on.
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June 04, 2024, 11:33:03 PM
 #10

Well me too. I f*cked up on passing this kind of tap tap game. I really didn't think that this kind of game would have a decent price on the launch but I'm sure there are many people like me who are upset on not trying this game even not registering on the game. The notcoin wave really put tap tap copy cat game into action, I can see new copycat concept daily hoping that they can achieve notcoin success but I don't think so. The crypto community is crazy that those who hates this kind of taptap games somehow regret on not even trying. Lucky you that you had some allocation received but remember it is still free money even if you sold at lower prices. Just take it as a lesson and move on.

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June 04, 2024, 11:39:52 PM
 #11

The first mistake is quite common as no one throught that the tap game will become so big and many will join the game in a short time. For your second mistake again after the initial dump no one again expected the coin to pump so much. As I have been said earlier that the predicted price was $0.001 after the initial dump. It has surpassed beyond the predicted price which is a suprise for many like us.

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June 04, 2024, 11:43:45 PM
 #12

I never acquired an abundance of Notcoins, I only acquired a few through Binance's Launchpool. As a project, I could hardly call it successful, I was averaging $40-$50, while Notcoin yielded a few bucks at best. This is the reason I didn't sell my coins,  I hoped that eventually it would raise in value. Anyway, we've all been in this situation at some point or another, it also occurred to me with several Binance's Launchpool projects and had I taken advantage of them, I would have made a much larger profit now.

R


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June 04, 2024, 11:57:09 PM
 #13

I never acquired an abundance of Notcoins, I only acquired a few through Binance's Launchpool. As a project, I could hardly call it successful, I was averaging $40-$50, while Notcoin yielded a few bucks at best. This is the reason I didn't sell my coins,  I hoped that eventually it would raise in value. Anyway, we've all been in this situation at some point or another, it also occurred to me with several Binance's Launchpool projects and had I taken advantage of them, I would have made a much larger profit now.
I have been using Binance for many years but I have never benefited from any of their launchpool programs even when all my friends would receive. I don't actually know what's wrong or is it because I don't complete tasks. They would ask me to complete some tasks to earn from a certain pool but I will always ignore.

For the Notcoin, the likes of it, I always miss out because I don't do airdrops or any tap or mining. It was because of my ugly experience with altcoins, maybe I will begin change my mindset towards these things.

R


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June 05, 2024, 12:56:03 AM
 #14

Hi guys,

For those who are familiar with the Not coin tap tap game, I made two mistake which have made me loss good amount of money.

First mistake
I got introduced to the game early, like 2 to 3 weeks after the game was first launched, I ignored it seeing it as something more of a child's play,, I watched the number of players increased from almost zero to millions, I started to pick interest but still did not make up my mind to join, later on, I signed up but never played the game until about two weeks to launch, I started playing later on, I was able to earn around 7,500 Notcoins in total.

Second mistake
After the launch, I withdrew my 7,500 Notcoins to bybit, I watch the price rise to $0.012  but didn't sell, I was waiting for a higher price, eventually, price started to fall and it got to a point, I could no longer bear, I sold it all at around 0.004 for around $40 usdt, and like 4 to 5 days after selling, the price of Notcoin began to rise again, and today it's currently at $0.0226 per coin, my 7,500 Notcoin would have worth $170 now, but I gave it away for $40.
What a shame on me.. 🥺

LMAO You were having a weak hand. Converse with yourself about this caused by this is coming from your weak mentality to face the dump. The price reduction of a token posted on Binance is typical since those who took part in the notcoin tap even received their tokens and are selling them on the market. Whales will always be waiting on momentum till the weak hands have decided to sell their coins to the market and whales used that momoney as accumulation phase. i know you were missing to get decent amounts of money.
Among these feeble hands is yours, mate. Considering that the tokens are frequently inflating so high following binance listing try never to sell any of your Binance tokens and just patience. im sure it will be paying off. Thinking that if your token would be thrown away forever is kind of dumb. I have referred to that as a weakhand, my friend considering they never be patience by always try to take ez money but they were always ended up with losing it.

Give it even more patience. Even though you were making little sums of money, you are now missing 130 dollars, which is a significant amount when considering how much was being spent in the third world county. Since whales were buying not coins in huge quantities, things are getting much better.
It was never going to stop pumping the price up to that point. Glad to see that, in spite of your foolish decision to sell it at the bottom, you are still making meager sums of money.
Just try to tell yourself never be a weakhand anymore to the token that is listed on the binance. This will be far better for you.


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June 05, 2024, 01:19:56 AM
 #15

Honestly, this happens to everyone. I also participated in the Binance Bouncebit megadrop. I got some tokens and sold them immediately. Then, the price went up. I went to check the market cap on CoinGecko, and I realized it was too small for a Bitcoin layer 2 network. I had to buy back at a higher value. So, it started to drop, and I sold at $0.3. Now, the price has doubled. What a shame on me too.
Also, always keep in mind that there is always another chance. Try not to repeat the same mistake when an opportunity arises.

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June 05, 2024, 01:25:10 AM
 #16

I never acquired an abundance of Notcoins, I only acquired a few through Binance's Launchpool. As a project, I could hardly call it successful, I was averaging $40-$50, while Notcoin yielded a few bucks at best. This is the reason I didn't sell my coins,  I hoped that eventually it would raise in value. Anyway, we've all been in this situation at some point or another, it also occurred to me with several Binance's Launchpool projects and had I taken advantage of them, I would have made a much larger profit now.

I think launchpads are best ways to get coins at low value these days. There are several exchanges with good launchpads out there and I can say what I'm seeing from people who participated so far are good news like this. I'm currently engaging with BWB launchpad hoping to see at least 1.5 to 2x after that.

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June 05, 2024, 07:49:23 AM
 #17

Thats alright mate some are able to sold early too not only you plus its a free money I think dont let yourself down. I made decent amount doing this during the 2nd day of their launch. Ive seen some signs that this will be huge so Id make some effort doing the tap tap whenever I had free time and its not hassle anyway.

But since many got out like copy cat of notcoin I am not doing some of them cause we knew that copy cat normally doesnt end up like the first one.

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June 05, 2024, 07:55:37 AM
 #18

No need to regret that, because in the crypto space airdrops are also appearing a lot, it's just that you really have faith in it?

I don't feel sorry when I sold all the notcoins and then the price increased because I actually made some profit so I can reinvest in cryptocurrencies that I believe in more. But things like this often appear in periods of market growth, making management psychology easily shaken, but in the end, what we get is a little profit or lessons learned.

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June 05, 2024, 08:06:04 AM
 #19

its quite common with these coins that have massive airdrop the whales aren't buying your dumping at high price they are waiting until people dumps their price to oblivion, you know what, the exact pattern always happen to the coin that got listed in binance, the first one I observed is $ENA with their massive dumping in the first hour of listing the price around $0.4 later on it climbs high to the price of around $2, same scenario with BB, NOT and many more, you just don't dump your coin when quite literally everyone else is also dumping because that means you should be grateful selling your coin undervalued.
I guess this can be a good lesson for you not to get fomo'd easily since that is exactly what the whales are looking for in the market.
but you should also remember that regardless of the price where you sell its still a good free money just doing some fairly easy task you already rewarded handsomely.

what I noticed from this not TGE though the ones that profited handsomely are the people that bought the NOT voucher at the early phase and make really good profit out of it.
despite the fact that there are rumour about irredemable voucher but so far had anyone who bought the voucher sold now they already pocketing grands.

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Ultegra134
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June 05, 2024, 07:51:05 PM
 #20

I have been using Binance for many years but I have never benefited from any of their launchpool programs even when all my friends would receive. I don't actually know what's wrong or is it because I don't complete tasks. They would ask me to complete some tasks to earn from a certain pool but I will always ignore.

For the Notcoin, the likes of it, I always miss out because I don't do airdrops or any tap or mining. It was because of my ugly experience with altcoins, maybe I will begin change my mindset towards these things.
I don't quite understand what you mean. How do you not benefit from launchpads? Don't you have BNB or FDUSD available when there's a launchpool running? Altcoins aren't bad; they get a bad name due to some rotten tokens out there, and it's completely understandable why some people are skeptical about them. I was never into them either; I've only started being involved with them due to the Binance launchpool, which made me acquire whenever there was an available project. 

The truth is that some altcoins, such as those from the Launchpool, are highly volatile, and what occurred to OP is something extremely common with new coins, such as Notcoin. I've had my fair share of experience with this.

R


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