dont be taken in with this lot bud, ive invested with them but there is zero communication from the team other than a couple of clueless mods on discord, they wont reveal the devs previous experience and theres been no commits on github for a couple of months now
just because they are cheap just now dosent make them a gd investment, if i were you i would invest your sats into something else
I'm starting to think the same thing. After that Pathetic white paper they released, I'm thinking of just selling my what is now $10, form over $100 investment. Not complaining about it, my bad choice of a start up to invest in.
I just hope that $10 coffee i but today taste like a $100 cup of coffee.
In all seriousness. It's not the price that hurt's me at all. I could deal with losing sometimes. I just don't see a future for this coin. Probably one of my worst investments in cryptocurrencies.
Like you said yourself bud we all choose our investments so ultimately its all down to us but this team in particular are not doing much to inspire confidence, lets put it that way
as for your own situation, i would hang on to your tokens and not sell them as at some point in the future they will go up in price (even the crap in crypto pumps from time to time) and you will get a better chance to cash out, until you press the sell button you havent actually lost anything other than on paper, its not always easy to remember that at times but its true
cheers
You make a good point.
Since this was a small project I didn't take a big risk with this coin. Not like I would do with LiteCoin, BitCoin, or DigiByte. I only put in $150, which is now worth $30 lol.
I'll put in the sell order for maybe within 10% of where I bought it, unless I hear some progress with this coin, no more buying. There's other social media coins out there that are making better progress than this coin.
Take Reddcoin for example. There's others, I just woke up can't remember lol.
What I hate most about this coin is the white paper. It was awful. And during the hype for the white paper, I would have thought that the price would go up if it was a good paper, but lol. No happen.
I hated that in the white paper that they state that the developers prefer to remain anonymous That's a big give away that raises a red flag for any crypto project.
Maybe back in 2012 it was the trend to remain anonymous but during these days, we NEED to know who the developers are.
If they don't come out. Yes, I'll sell my coins. No risk. I want my $150 back haha.
That's 1 LiteCoin (at the time of this posting)
..since he is a social media giant.. it could be a huge thing...