Yep this ship is sinking, and as reminder of my stupidity, I will hold on my shit coins. That is my punishment lol.
I will think twice next time.
Here goes 0.3 btc down the drain
peace out
Folks, please do not judge the coin with current prices. Of course I am disappointed with present blood bath. Invested 1.25 btc. I hope Dev comes back with good news soon. This coin had a great PR and hope it will live upto it.
I invested 3 BTC, just sold out ,and get 0.5 BTC back.
Never ever invested " self-moderated topic " AND PREMINED coin. THIS IS MY LESSON !!
Day trading is ALWAYS a gamble. Don't blame the dev for your lack of patience. The dev never claimed the coin offered a quick profit, quite the contrary. What the dev did offer is a coin with a long-term plan and one that was launched fairly. Other than the total number of PoW coins cut in half to ~9.5M due to PoS begining at launch, there have been little issues and the PoS works 100% as expected. The 0.5% premine of 500,000 coins amounts to a total of 10 BTC at the recent high of 2000 sat. I don't see how anyone could think that is excessive. The coin was one of the fairest launches I've ever seen and zero insta-mining going on with the 1 coin block reward for the first 200 blocks. I would much rather see a coin with a modest premine announced upfront and launched fairly than one claiming 'zero premine' and then having the first 100 blocks insta-mined or another type of scam launch. I also have yet to hear anyone having been censored by the dev.
For you to have lost 80% of your investment in less than week, you literally had to have bought at the high of around 2000 sat and sold at the low of 300 and that can happen with ANY altcoin. The problem is ever since coins began getting listed on an exchange within an hour of launch, everyone thinks the coin must go up 1000% in a week or it's a failure. The fact is that is not a realistic expectation, especially considering the coin was the target of numerous multipools dumping piles of coins. If you can't have a little patience for the dev to lay out his plan, then this is obviously not the coin for you and you can go try the latest Pump and Dump scam coin, that promises the moon but rarely delivers anything but an illusion.