Bytecoin - bad trade, is there hope? - page 2.

Yuuto

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Quote from: _bitnux_ on May 10, 2018, 08:23:39 PM

Yesterday i bought a bunch of BCN when the value was 1700 satoshis, then the crash happened...
Is there a chance it will reach again that price? what do you think?

You bought at a really inopportune time for sure. I think you meant 170 sats instead of 1700.

There is definitely a chance that you'll see Bytecoin prices back at the previous highs again, however it's quite unlikely in my opinion that you'll see those prices back within a short amount of time, unless people start fomo buying again right after the pump (unlikely).

And even if Bytecoin does actually get to set a new all time high, that will most likely mean that the entire crypto market is in a bullish state. I would suggest cutting your losses now, buying back at lower prices if you still believe in BCN. But instead of BCN, I'd look at XMR for a better long term coin.

cabbarlana

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Bytecoin, unfortunately, has been extremely saddened by investors in recent days. Cryptic money, which sometimes catches nice levels, disappoints many investors because it can not provide persistence on this upswing. My opinion is that those who are patient and ungrateful in this market are earning.

have1983

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Good luck, my friend.

bratko99

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Damn dune, you a Binance user Grin

If you don't need the money, then just hold. Don't sell.
Eventually, it will go back. But the question is when. By now you should already know that all coins that get listed on Binance will crash after a few days.

wanglili1983

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I hope you bought a potential stock, and I wish you good luck in the current bear market.

Killrbit

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Bytecoin is known pump and dump coin, i honestly dont think u could get anywhere near that even if it were to pump again.

Take this as a lesson learned in why not to fomo buy into coins. Hope u didnt but in to much cause u will have to bag hold this for a while.

Also at 22 cents bytecoin would have been valued at over 20 billion USD and at no 4-5 on coinmarket cap.

tabas

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Quote from: _bitnux_ on May 10, 2018, 08:23:39 PM

Is there a chance it will reach again that price? what do you think?

Don't be discouraged bytecoin isn't the only coin that is on dip for today.

Quote from: kul0n on May 11, 2018, 06:58:30 AM

Chance, of course, there are, but I'm wondering, why did you buy the coin at the tops especially during a period of strong instability?

He's on FOMO that's why he bought it during it was listed on binance and he hoped that it will be pumped more but he's wrong with his intuition.

kul0n

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Quote from: _bitnux_ on May 10, 2018, 08:23:39 PM

Yesterday i bought a bunch of BCN when the value was 1700 satoshis, then the crash happened...
Is there a chance it will reach again that price? what do you think?

Chance, of course, there are, but I'm wondering, why did you buy the coin at the tops especially during a period of strong instability?

joelsamuya

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I got this attention when i am scrolling the page, I bought Bytecoin few months ago, when the BTC is above 16000 usd each and then the price of bytecoin is still at high, so i did not make any study about bytecoin those time, what i came to my mind was bytecoin was performing even before, up to this time, i never see my portfolio of bytecoin, still knowing that i am at loss of this coin. Later on, i just decided to HOLD for so many years until it gains a lot, then i will sell it during that time.

It so hard to hold this bytecoin, and then losing my capital for so many months, i thought i am the only one holder of HOLD of this coin haha. Lets hope for this coin to move up.

Cheers

erickkyut

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Quote from: _bitnux_ on May 10, 2018, 08:23:39 PM

Yesterday i bought a bunch of BCN when the value was 1700 satoshis, then the crash happened...
Is there a chance it will reach again that price? what do you think?

You shouldn't go with the FOMO. Bytecoin is the a good coin. It is only a pump and dump coin and you should have bought it when its price was down not when the price is already pumping. You should learn from this mistake and avoid buying coins next time because of hype. Always remeber that buy when the price is down so that you can sell it on a higher price.

anthinguy21

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It's hard to know at this time, I think you need keep holding and pray for BCN price to rise back to 1700 satoshi

)

But don't worry cause you're not the only person stuck in BCN because of a big FOMO of Binance listing. Grin

. Keep holding and don't be panic when you see price of BCN keep falling.

passwordnow

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Quote from: _bitnux_ on May 10, 2018, 08:23:39 PM

Yesterday i bought a bunch of BCN when the value was 1700 satoshis, then the crash happened...
Is there a chance it will reach again that price? what do you think?

Too bad for you, I don't want to give you some false hope but this is what happens when a coin was hyped and pumped.

Later on the profit takers will come out of it and won't come back as they are good from taking profits in there. The whole market is in bad mood today so every coin has been affected.

28days_ever

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Even a coinmarket can not now understand what is happening with this coin. Indeed, the last time he so often moved up and down and looked like a pump, that from a prospective project turns into another unnecessary rubbish. I hope that all this is temporary and the developers will be able to get it out of this state.

B.A.S.

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It was not normal for Binance to be listed too much for it to be listed. 20-30% maybe, but when it gets too high, I doubt it.

Suslived

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Quote from: _bitnux_ on May 10, 2018, 08:23:39 PM

Yesterday i bought a bunch of BCN when the value was 1700 satoshis, then the crash happened...
Is there a chance it will reach again that price? what do you think?

Bytecoin is one of the largest PUMP and DUMP coins. Good luck bag holding that. It will only probably PUMP again once it gets listed on a large exchange. The problem is it was already listed in Binance which is the largest exchange by volume. I don't see it going any further than that. Especially because the dev team is a bunch of scammers who are not doing anything to improve the coin anyway. Again, good luck.

_bitnux_

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Yesterday i bought a bunch of BCN when the value was 1700 satoshis, then the crash happened...
Is there a chance it will reach again that price? what do you think?

Topic: Bytecoin - bad trade, is there hope? - page 2. (Read 293 times)