I really wonder the future of Waltonchain. It is a good project but good start but these chinese regulations hit them hard. I am not sure if it is wiser to hold or sell
The Chinese regulations did not hit Walton directly. They are not under any scrutiny as they are HK and Korea based not mainland. If you simply mean the news out of China, then yes.
The way to make great returns is by buying when things are low and people have abandoned or don't believe in a project. That's the risk of investing in general. Depending on your risk tolerance, is where you place your money but there is no such thing as 100x on a sure thing otherwise it would be priced at 100x.
Personally, I think that the Chinese investors are happy to beat down the prices, maybe even the government officials and their friends. Being able to buy up new ICOs and projects like Walton and Bytom for nothing makes for great returns. Every small investor traded for a loss and ran away or didn't have patience. They can just accumulate and when they say, "No new ICOs for now but we have no problem Yoyo, LRT etc," everyone will rush in and buy. At this point, they will have made their first multiples and watch it go up from there.
Bytom clearly looks suppressed and it's a Singapore based project. At .04-.05 it's a steal to me. I don't have much of it but would happily buy more if i had the spare coin.
