Topic: Have you invested to certain altcoins and lost all your money? Read everything! - page 2. (Read 346 times)
January 31, 2018, 09:38:06 AM
Made the mistake and bought almost at ath of a coin. Soon after it dropped by 80%, and I decided to hold. After 6 months it was going nowhere so I took the loss and sold. One more month later, it went 3x the price I originally bought at. So just hold and you will make a profit.
January 31, 2018, 09:21:37 AM
The only money I've lost is due to exchanges like Cryptsy and Mintpal running away with our money - in other word exchange fraud was the problem.
With alts, as long as they are listed on an exchange somewhere, they will eventually get pumped - so you just wait for that to happen in order to cash out. The biggest risk for alts is being delisted - as long as they can stay listed, you have a chance of getting your money back.
With alts, as long as they are listed on an exchange somewhere, they will eventually get pumped - so you just wait for that to happen in order to cash out. The biggest risk for alts is being delisted - as long as they can stay listed, you have a chance of getting your money back.
January 31, 2018, 09:16:59 AM
That is why diversification is important in all kinds of investment.
RIP those who invested in Bitconnect and didn't sold in time.
RIP those who invested in Bitconnect and didn't sold in time.
January 31, 2018, 09:13:23 AM
I'm not sure a lot of people have experienced this, to be honest. I don't invest in many alts at all. A handful of ICOs last year, and a a string of alts I bought. In general, even for the few that I've lost a lot of value in, they haven't dropped to zero (Elastic is my brilliant example, I bought in at 20+k satoshi!) and I still have very strong hopes for them.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
Zero is a relative value. I personally don't know anyone who has lost absolutely everything because all of the investors ain't completely stupid. When the trader makes an investment he is usually tracking the progress. When the fall of the certain crypto is starting panic is the reason why the trader doesn't fall to zero. I can presume that only a forgotten private key or a death of the holder can lead to inevitable fall to the zero value ( if the coin is destined to vanish).
Well, when the bad coin is not yet traded on any exchanges and still on ICO, investors have less control over it because he/she could not sell it yet even at a losing price.
January 31, 2018, 09:07:22 AM
I think nobody experienced this kind of loosing all the money in crypto because the price will get low but it still have a value.At the same time holding your alts and hoping that the price will rise again is another way of not losing your money.Keep holding and have faith on your assets.
I know one friend that lost all of his investment to a certain coin that is already dead now. You can see the list of dead coins here: http://deadcoins.com
January 31, 2018, 09:04:08 AM
Investing here is so risky but i think you need to earn here first like join in some campaign then try to join or to risk in trading because you already earn and even you risk still that is from your earnings here,i think trading here is recommended because i already earn in that like 0.01 btc but still i lose some also like 0.0095 btc so it's so risky and you need to study it.
January 31, 2018, 08:56:48 AM
I'm not sure a lot of people have experienced this, to be honest. I don't invest in many alts at all. A handful of ICOs last year, and a a string of alts I bought. In general, even for the few that I've lost a lot of value in, they haven't dropped to zero (Elastic is my brilliant example, I bought in at 20+k satoshi!) and I still have very strong hopes for them.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
Zero is a relative value. I personally don't know anyone who has lost absolutely everything because all of the investors ain't completely stupid. When the trader makes an investment he is usually tracking the progress. When the fall of the certain crypto is starting panic is the reason why the trader doesn't fall to zero. I can presume that only a forgotten private key or a death of the holder can lead to inevitable fall to the zero value ( if the coin is destined to vanish).
January 31, 2018, 08:56:40 AM
You are right investing in new altcoins is very dangerous.
January 31, 2018, 08:55:19 AM
I think nobody experienced this kind of loosing all the money in crypto because the price will get low but it still have a value.At the same time holding your alts and hoping that the price will rise again is another way of not losing your money.Keep holding and have faith on your assets.
January 31, 2018, 08:39:08 AM
I'm not sure a lot of people have experienced this, to be honest. I don't invest in many alts at all. A handful of ICOs last year, and a a string of alts I bought. In general, even for the few that I've lost a lot of value in, they haven't dropped to zero (Elastic is my brilliant example, I bought in at 20+k satoshi!) and I still have very strong hopes for them.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
I know someone but yes I agree that not many. Everytime we invest to any altcoins, we take a risk but it should be a calculated risk that when something bad happened, we have something a fall back plan.
January 31, 2018, 08:18:40 AM
I'm not sure a lot of people have experienced this, to be honest. I don't invest in many alts at all. A handful of ICOs last year, and a a string of alts I bought. In general, even for the few that I've lost a lot of value in, they haven't dropped to zero (Elastic is my brilliant example, I bought in at 20+k satoshi!) and I still have very strong hopes for them.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
January 31, 2018, 08:14:56 AM
I just wonder how many members here who have invested to any altcoins and ended losing all of their money because the coin has no longer value or not operating anymore.
This is different from trading and losing the trade but the coin is still in the market - this is something more devastating because the coin you are investing died on its natural death (or should I say, some of the coin developers run away with your money)
Note: The reason I ask this because I hope it would serve as a WARNING. I don't want to see any members investing to ICO's and some existing coins and ended up losing their money. Of course, there are ICO's that are good and have potential and existing small coins that also have potential of growing but we cannot deny the fact that there are a number of coins that are found dead: http://deadcoins.com
Do lots of deep research before making your next investment.
This is different from trading and losing the trade but the coin is still in the market - this is something more devastating because the coin you are investing died on its natural death (or should I say, some of the coin developers run away with your money)
Note: The reason I ask this because I hope it would serve as a WARNING. I don't want to see any members investing to ICO's and some existing coins and ended up losing their money. Of course, there are ICO's that are good and have potential and existing small coins that also have potential of growing but we cannot deny the fact that there are a number of coins that are found dead: http://deadcoins.com
Do lots of deep research before making your next investment.
Jump to: