I hope others will learn from this - page 10.

Argoo

sr. member

Activity: 2352

Merit: 245

Quote from: lobo13hf on April 28, 2021, 04:58:18 AM

I think that's the developer's fault. The holders deserve the swap service that will be last forever. It's not fair for the old holders that didn't get any information regarding the swap will get useless token.
MZG was a garbage coin but it's not for pundi.
There are some services that gave the old holders ability to swap its token forever.
The team who has been giving deadline to do the swap just like cheating its old holders.

This is indeed a very big problem for token holders, especially now that the ethereum network is experiencing big problems with high transaction fees and many projects are moving to other platforms such as BSC.
For various reasons, we may not know about the exchange of tokens, and the project team sets a short time for this. Indeed, it would be fairer if one could exchange them at any time. Otherwise, it looks like cheating. Now there are already more than 9000 different types of cryptocurrency and this must be taken into account.

iphone5s

full member

Activity: 862

Merit: 100

Quote from: ?? on ??

Yes true ... and this is also a new lesson for me personally. but what I experienced before when I had an old coin and changed it to a new coin, there was a notification on the telegram channel, where the coins I owned. so that I can convert my old coins into new coins

What kind of notifications do you get? This is a lesson not to trust someone too much even though you are familiar with social media. There are many ways people can find out about your finances so they can take it. You should really understand the meaning of the above.

Anonylz

hero member

Activity: 2562

Merit: 577

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

This happened because you fail to do what is necessary to follow up with update about the project you invested on, holding coin don't mean you shouldn't follow up from time to time to see what is lattest with the project,
there was a coin like that i use to hold, similar case happened to those where not very active in the telegrame group of the project, after severaal weeks of swapping to a new contract, those inactive guys keep coming to complain about not able to swapp and how their investment have gone to waste, but in all sincerity, the fault was not from the team but from the investors who stayed away for so long without tracking their investment.

cryptoknightt

sr. member

Activity: 1188

Merit: 251

I'm sorry to hear that. I was like you too, I've tried to contact the dev via their telegram group. but they said the swap process ended a few months ago. so that my token is no longer valuable. this is a mistake that we make, if we hold the token, it is mandatory to follow its development, but I prefer to wait for the price to change. I really feel stupid Cry

Mauser

hero member

Activity: 1974

Merit: 534

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

Thanks for sharing your story here. I think everybody who stayed long enough in the alt coin market has stories like that to tell. For me the worst thing I did with alt coins was a few years was when I was gambling on Doge coin. As soon as I made a small profit I just exchange the coins for Fiat. I wish I just had kept them for long term hodl. It would have been wonderful to sell them this year.

max6575

full member

Activity: 1176

Merit: 100

Vave.com

developer might finds of difficulty as completing jobs with chance of manufacturing product or initiating service for public of audience as they have to put focus on different point on objective. that more on following terms as the proper supports on backup, the project might be back available again for buyers of product or investors.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: semobo on April 28, 2021, 04:31:41 AM

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

Some projects will allow you to swap their tokens so you can contact them to know possible solutions. And this is a real problem if you wants to invest on shit coins in long term, you have to keep in touch with the project all the time if you don't want to lose your assets.

If you are an investor it's a protocol to keep yourself updated with the project you are holding. The kind of action coming from the developers
are really important to track down, failing to do so you'll lose your investment.
Swapping of coins mostly being announce before they'll going to process, you have time if you monitoring the development of the project, the
only thing now is to coordinate with the team and try to check if what you can do with your assets.

Cling18

full member

Activity: 1708

Merit: 126

This happened to me before and it was really frustrating that after a long period of holding, we'll still lose the value of what we have. I didn't stay in touch with the previous project that I had expecting that holding my altcoins would be enough. From then on, I realized that it's still better to invest and hold fully established coins rather than new coins.

suryogandul

full member

Activity: 550

Merit: 100

sometimes those mistakes can be hit by anyone, okay maybe now you have these errors. but believe me you can make learning if you hold a coin you have to know the progress of the coin. and your decision is correct to change to purse rather than nothing

soul-impact

hero member

Activity: 854

Merit: 500

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

When I first entered the cryptocurrency market, I made the same mistake as you. Due to lack of experience and understanding. And most people make the same mistake.
We must always keep an eye on it so that we can swap in time. Otherwise they will have no value. Hopefully your share will reach many new people. And learn will learn from it

examplens

legendary

Activity: 3472

Merit: 3507

Crypto Swap Exchange

I must agree with many previous comments here. If you hold tokens from the second league, you must constantly follow their announcements and changes.
I had some NPXS tokens in my wallet and if I remember correctly this is his 3rd swap int he history. It seems to me that the only progress they make is through the swap. A lot of tokens will be lost through a swap, and thus reduce the circulation volume of the token.
Swap is nothing more here, just a way to keep supporters active and they seem to form a closed group of holders. It’s certainly not attractive to have in your portfolio.

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

This is sad, there's nothing you can do about it? what about asking them in their telegram group? I think there should be a way to retrieve those tokens again. If not, then this is the first time I heard of it. When you don't check the progress of the coins you are holding then this most likely happen. You cannot leave it like what you are doing in the past years. Yeah! you're right this is a lesson for you and for us too. thanks for informing us that this kind of thing exists in the crypto industry.

fcmatt

legendary

Activity: 2072

Merit: 1001

Quote from: tygeade on April 28, 2021, 07:04:12 AM

Recently Jibrel network was swapped for Slice (I guess I spell correctly). But, they sent Slice tokens to all Jibrel holders. So, nothing effected me negatively due to their swap.

if all the token doing the same like you it will be great for all the people that chosen to hold it long term

Quote from: tygeade on April 28, 2021, 07:04:12 AM

If you are holding those tokens in your desktop or mobile addy then check for new tokens. Or you may refer for procedures to obtain new tokens.

but the main Problem that OP has is the procedures to obtain the new tokens have been completed and there is no way to swap it again

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

Why your holding become useless? Where are you holding these tokens?

Recently Jibrel network was swapped for Slice (I guess I spell correctly). But, they sent Slice tokens to all Jibrel holders. So, nothing effected me negatively due to their swap.

In the past I have encountered similar swap for Peculium into different contract address. They also sent new tokens for my addy.

If you are holding those tokens in your desktop or mobile addy then check for new tokens. Or you may refer for procedures to obtain new tokens.

maxreish

sr. member

Activity: 1330

Merit: 326

Well at least that is a lesson learned from you. Swapping your potential coins into new coins isnt a good idea afterall. You are unsure that those newly created coins will have a value. Jjst like what happened to you, you exchange it and regret it afterwards because it was all shitcoins at the end.

Always have a good background check to those coins before swapping it next time. Or for your own sake, just choose those altcoins that have already proven their ability and are well established that worth to hold in a longest time.

wsxqaz123

copper member

Activity: 117

Merit: 10

If you have a lot of altcoins, you can pay more attention to his community or Telegram Twitter and other related latest information.
Once there are new changes, it can be realized or exchanged for other mainstream currencies as soon as possible.

gurunanakji777

full member

Activity: 2184

Merit: 100

SOL.BIOKRIPT.COM

The price of the Pundi coin was quite well last month due to the swap proposal I also sold my Pundi coins before the swap taking place and I got good profit even I also lost some bounty coins where I was not active and did not take the action at the right time and later they did not entertain my request. We have to always check social media accounts at least once a week to know the developments or updates about the coins you hold even Pundi admin was quite active on social media. I think you did not swap the token for a new one that's why you lose your profit. So always keep in mind always check the progress or updates of the coins you hold so you won't face this problem again.

husencoe

full member

Activity: 658

Merit: 100

This also happend for me. I has hold my token like Daneel and HDAC and now they has worthless. My Daneel hold on Idex and now Idex has changing there services and I lose my token. I also trade some token in some market, and now that token was unlisted on the market. This will be a note to me and I will never hold for new crypto, just stay on large crypto coin for invest.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Even if you have chosen to be a long term holder for those altcoins, you still need to update yourself whether there's a migration to its mainnet or there's a swap that's about to happen.
It is our responsibility to keep ourselves updated on those things because it is our investment. There's no one that will update us but we should be the one to take the first action in knowing what's happening with our tokens.

Hughes_Ryan

member

Activity: 364

Merit: 10

Quote from: Looper_U on April 28, 2021, 04:28:33 AM

Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless

MZI swapped to MZG
NXPS swapped to PUNdiX

I hope others will learn from this

Well, I am really skeptical about this. Do you invest or does it come from bounty, airdrop? First of all, I am glad you have kept it as an investor. But you do not treat it as a spiritual gift or an asset. Why don't you pay attention to their movements?

The project is not just a roadmap. It may need voting power from the team if they feel the direction on another platform / brand is their development. Similarly, some have parallel renovations between ETH and BSC.

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