Most trusted projects ruined me !! - page 10.

20kevin20

legendary

Activity: 1134

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Quote from: Novatech8 on June 13, 2020, 06:12:11 AM

Holding useless coins is meaningless, you chooses bad projects and now you are putting blame on all altcoins, next time make sure you choose better altcoins in the market, do strong research and diversify your money

Only few projects are legit with a vision for the future. Actually, it's probably only a handful of them. ICOs have been scammy since the beginning when there's been an insane explosion of shitcoins with fairytale whitepapers that were sold through ICOs.

Choosing which coins are fine and which aren't is an easy job if you study them. The thing is, they'll never get past BTC so most alts will mostly only pump & dump during stable Bitcoin timeframes.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

Holding your coins in a long term is a risk because you cannot really say if the promising project that you thought will really give you a huge profit in the future. That is why I never hold the coins that I earned in a bounty campaign in a long term because I already know that this might happen someday.

memed97

full member

Activity: 1148

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Quote from: Ken_terrance on June 13, 2020, 06:58:59 AM

The term 'most trusted' that you use is on you, not everyone trust those projects you made mention, next time go for better altcoins like BNB Token, Tezos, Harmony, cosmos, ETH, ETC, etc

Yes, but most of the projects you mentioned did not appear at the end of 2017 and in early 2018, for more details try to trace back existing projects at the end of 2017 and early 2018.

casperBGD

legendary

Activity: 2156

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Nil Satis Nisi Optimum

Quote from: Winscosinally on June 13, 2020, 07:30:30 AM

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

I don't know the projects but if they are still active there is a chance they can turn to new leave in future but if they aren't active like they used to be it's better to opt out for Bitcoin or other top 10 altcoins

agree, active projects could go up, if there is on-going development, that should be enough to hold those coins, at least for me, since development could bring future progress and products, if there is no team and active development, those coins are probably doomed, and i would leave them away, of course you should think for yourself

Winscosinally

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Activity: 490

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Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

I don't know the projects but if they are still active there is a chance they can turn to new leave in future but if they aren't active like they used to be it's better to opt out for Bitcoin or other top 10 altcoins

ije07

sr. member

Activity: 1435

Merit: 250

PredX - AI-Powered Prediction Market

but not all tokens generated from ICO in 2017 are bad or do not have a high selling point at this time, if you don't mind can you mention that token? basically this depends on the project you are participating in, if the team is active and the product is still developing i think the price of the token is not bad.

Russlenat

hero member

Activity: 2716

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Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

If you have been holding altcoins before the bull run in 2017, you will be thankful because you'll be able to sell it at a good profit during the bull run, but if after the bull run you accumulated, you will really feel the pain like investors have, but it doesn't mean holding altcoins is meaningless as it depends on the timing and if you continue to believe, you will hold it until the price increase with no worries.

OasisDre

member

Activity: 532

Merit: 41

Quote from: Nellayar on June 13, 2020, 07:13:23 AM

I bought PTON, AMBIT coin and EosEx. Lol, all of them died already. They said that they will give the future for their investors but there is no future I see till now. All of them were just telling lies and they don't really care about their investors.

Until now, all of the coins I bought are useless though there are some that gives me profifs. Most of ICOs until today is scam and good only for fundraising but after that, expect that your capital will burn from nothing, just like you throw your money in ocean.

Sorry to hear about your loss, new projects always have something good to attract investors, they will claim that their project is the best but on the long run the project will fade away, for now I prefer investing my money on Bitcoin instead of altcoins, they are too risky

Nellayar

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Roobet supporter and player!

I bought PTON, AMBIT coin and EosEx. Lol, all of them died already. They said that they will give the future for their investors but there is no future I see till now. All of them were just telling lies and they don't really care about their investors.

Until now, all of the coins I bought are useless though there are some that gives me profifs. Most of ICOs until today is scam and good only for fundraising but after that, expect that your capital will burn from nothing, just like you throw your money in ocean.

rahmatullah9305

full member

Activity: 983

Merit: 100

Quote from: Byakuga on June 13, 2020, 07:05:53 AM

Don't ever trust any project in crypto space, even if they are doing so well today tomorrow might be disastrous, this is why many crypto experts recommend people to invest only what they can afford to lose

If I read from the OP discussion, it seems like he didn't make a total investment, but there were also tokens or coins that he got through the ICO promotion at that time, because in 2017 and early 2018 the average ICO was successful and paid all participants, both it is the investor and bounty participant.

Byakuga

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Activity: 518

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Don't ever trust any project in crypto space, even if they are doing so well today tomorrow might be disastrous, this is why many crypto experts recommend people to invest only what they can afford to lose

Ken_terrance

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Activity: 574

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Making Smart Money Work

The term 'most trusted' that you use is on you, not everyone trust those projects you made mention, next time go for better altcoins like BNB Token, Tezos, Harmony, cosmos, ETH, ETC, etc

DDante

member

Activity: 434

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For altcoins I prefer to plan for short term holding, I believe that coins that are worth holding for a very long time are top 10 altcoins and Bitcoin itself, the most dangerous projects re new coins, they can turn very badly in just a year

VDraci

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Activity: 560

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SAPG Pre-Sale Live on Uniswap!

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

You don't hold better coins, that fault is on you, we have many altcoins in top 20-30 on coinmarketcap that are very good for long term investment, I'm pretty sure you go for coins with low marketcap cap, the reason why one should hold a coin for long term must be because of the use case, the use case must be good enough to attract investors

LazerPanther

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Activity: 334

Merit: 10

If you want to hold altcoin long term, then you have to choose the best altcoin in this market. ETH, BNB, XLM .. these are the best altcoins you should buy. If you buy tokens from an ICO, I believe that 99% of those projects will die or collapse in the future

Mighty_crypt

member

Activity: 784

Merit: 21

Things like this will always happen, that's why it's always good to have more than few altcoins in your wallet, you can never tell which one will survive or die on the long run

Novatech8

member

Activity: 700

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Sovryn - Brings DeFi to Bitcoin

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

Holding useless coins is meaningless, you chooses bad projects and now you are putting blame on all altcoins, next time make sure you choose better altcoins in the market, do strong research and diversify your money

jhonjhon

full member

Activity: 1316

Merit: 126

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

We all at the same experience. We keep holding for we think that it bounces back after this drop but unfortunately, we become hopeless with them as seeing they don't have any cents left in the market. Most of them are becoming dead and only those coins that have been back-up up by reputable exchangers had survived from that crashed.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted).

Trust is very subject, in my opinion. Just because the team and the solution is viable doesn't mean that you have to trust and hold their coins.

Quote from: niisarearning on June 13, 2020, 04:21:11 AM

Now this coins or token became nothing . But some projects i entered to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

That's really too bad, and this just reflect the good and the bad image of cryptocurrency. Sometimes you got lucky and win big. But majority of holders of 2017, got rekt, you are not the first and won't be the last case to regret their decisions.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Pumuckel21 on June 13, 2020, 05:38:33 AM

I share another opinion, so if it is a good project and the dev team is working hard hodling is very good in my opinion. An important thing is that you do not buy a project within fomo.

2017 is a Bullish market and almost all projects did the hypes which encourage people to invest as they think that it keeps rising. But we have this unexpected drops that shaken up the entire crypto holders and brought them into big losses. I understand why people acted differently after that scenario and many don't believe crypto. But not all ain't that hopeless enough to leave crypto instead, they still believe that they could still see sunlight after darkness.

This is what we called the risk in here, crypto investment never gives assurance for its return and you are right, if we only buy and hold those promising and potential projects, definitely we can't have this bad sentiment.

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