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Topic: Most trusted projects ruined me !! - page 2. (Read 1755 times)

full member
Activity: 664
Merit: 100
July 19, 2020, 07:28:35 PM
in 2017 - 2018 I have a token which is very profitable for me and profitable up to $ 5,000, but indeed in recent years the token is quite disappointing, but I still hope the potential will benefit from tokens and coins.
sr. member
Activity: 1988
Merit: 275
July 19, 2020, 07:23:47 PM
I have always hold unto this and that is that no project should be trusted to the core. You might like the concept of the project and the project itself might have a good layout, but the team through their actions and inactions, might cause the death of the project or the project might plummet beyond a reasonable doubt. I only hold for long, coins that are already established.

That's why it is better to discard fast those tokens or coins that you got from bounty hunting. Because the probability of losing its value is very high. If you will wait too long, you will find out that either they are already delisted in the exchange or the value is already down to 1 sat. Up until now, only the established ones remain to have value like of course btc and eth.
member
Activity: 854
Merit: 10
July 19, 2020, 07:17:56 PM
I have always hold unto this and that is that no project should be trusted to the core. You might like the concept of the project and the project itself might have a good layout, but the team through their actions and inactions, might cause the death of the project or the project might plummet beyond a reasonable doubt. I only hold for long, coins that are already established.
member
Activity: 854
Merit: 10
July 19, 2020, 06:00:37 PM
Why rushing into quick conclusion? Holding for a very long time is not meaningless, it only depends on the type of coin you are holding and what they have to over the crypto community, you can always hold a good coin for as many years as you like, ETH, XLM, TRX etc Hold this top altcoins for a long time and secure a meaningful future for yourself.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
July 09, 2020, 11:36:31 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.

It is not actually meaningless because in the span of time you were holding those coins, there might come a time that you see that there is still an improvement on the prices of those coins. It is just that it doesn't meet your expectations because you were still stuck on thinking and comparing the happenings on the year 2017 and early 2018.

There are lots of happenings that brought changes on the behavior of those coins when it comes to usage, importance that also affect its price which some or most of the coins you hold from 2017 to 2018 turns out to be invaluable anymore. But, not all coins are like that because there are still coins from those year that have still survived and make an improvement although it was a little bit far from the price expected, well at least you can still gain from holding those so it is not literally meaningless. Just be thankful enough if the coins you were holding do still have value or still undergoing improvement on its price because it is still an important detail that is in need to be notice.
hero member
Activity: 3010
Merit: 629
July 02, 2020, 10:33:22 PM
Holding token for long term may not be meaningless, however how meaningful it should be depends on you, most of the tokens hodl after the 2017 bull run was just the choice of many of us with the mind that it would rise back soon, until it became a disappointing value and we had no choice than to rather leave it. Just holding token without smart target and use like in those moment made it meaningless.
In my case I missed the chance to sell early of 2018 when most altcoins are soaring high. When the price of my tokens decreased a bit, I didnt sell because of the thought that it can return to its high price. However it didnt manage to recover back and now im still holding it, still tradable but not worth to sell so im still waiting for an acceptable value to sell.
sr. member
Activity: 1246
Merit: 255
July 02, 2020, 10:15:59 PM
Holding token for long term may not be meaningless, however how meaningful it should be depends on you, most of the tokens hodl after the 2017 bull run was just the choice of many of us with the mind that it would rise back soon, until it became a disappointing value and we had no choice than to rather leave it. Just holding token without smart target and use like in those moment made it meaningless.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
July 02, 2020, 10:05:05 PM
These happen to anyone, holding coin long term cannot give you an assurance of earning profit. There’s an instance at first the project is good but no improvement. Also always observed the project and we need to do diligence when making an investment in crypto. .
If the projects give good results and it will be giving a positive impact on the price and OP will not lose his profit. This thing ever happened in my life and the observation for our portfolios must be done anytime to avoid the possibility for us to get nothing from our portfolios.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
July 01, 2020, 04:54:10 PM
It hurts the most when you analyze when a good working project just exited scam because of pure greed. I am sure all members who took part in Miracle tell project and would realized that this project gained adoption as well as usage. Everything was working all right till the team members decided to abscond with the funds.
hero member
Activity: 1428
Merit: 506
July 01, 2020, 01:27:02 PM
These happen to anyone, holding coin long term cannot give you an assurance of earning profit. There’s an instance at first the project is good but no improvement. Also always observed the project and we need to do diligence when making an investment in crypto. .
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
July 01, 2020, 11:59:50 AM
These kind of things really happen. There are always situations where we win some or we lose some. We just need to always look forward for us to gain profit in some projects. Some projects are not always successful because some are only hyped up by some made up influencer and we need to stay vigilant for these kinds of projects. We can do some background checks on they supporters and if we see them trustworthy then go invest on them.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
July 01, 2020, 11:38:28 AM
And belief in a coin that we hold can also be the opposite, because the crypto market conditions that are very difficult to predict make people a little worried when holding coins for a long time, especially if the coins are coins that are not popular in crypto.
holding coins unpopular for a long time is a bad choice. it's like saving a time bomb that will lose your money. assets are not popular but have attractive trades and values ​​suitable only for short-term and daily trading. saving them for the long term is really a bad choice.
member
Activity: 406
Merit: 14
July 01, 2020, 11:33:47 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.
This is your fault, something I've done in the past myself, seeing profits and refused to take them thinking the price will keep surging, in crypto space surging don't last forever, always take profit while there are pumps
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 01, 2020, 11:26:29 AM
I know many users who are upset at that they do not participate anymore in ICO's. One friend got around 110,000 tokens and he was happy because the company is active and all, only to find out that the company behind the token changed strategy and will no longer work on the project and the tokens suddenly became worthless. They demand - he and other bounty hunters that the company convert their tokens to the tokens of the new project but the company said they will think about it. Very sad.
full member
Activity: 1148
Merit: 101
July 01, 2020, 06:56:00 AM
You just need to hold coins if you are confident in it and you understand the market well. If you thoughtlessly invest your money in little-known coins or tokens, then of course they will not bring you benefits or income.
And belief in a coin that we hold can also be the opposite, because the crypto market conditions that are very difficult to predict make people a little worried when holding coins for a long time, especially if the coins are coins that are not popular in crypto.
newbie
Activity: 54
Merit: 0
July 01, 2020, 06:08:10 AM
You just need to hold coins if you are confident in it and you understand the market well. If you thoughtlessly invest your money in little-known coins or tokens, then of course they will not bring you benefits or income.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
June 28, 2020, 09:58:08 AM
Thats the market system. Sometime old project dies out on the process cause survival of altcoin in the long run will really rest waters before you can call it stable. Which projects on 2017 and 2018 are you talking about? But during that time almost all a lot of projects are boom due to bull run, however only few of them left now and still kicking.

2017 is an exciting year where everything is worth and in 2018 a year of struggle where we are asked to be more selective in choosing both investments and making transactions.
2018 is full of deception on market, what I thank is I only trusted major projects and not buying any shitcoins during that time.
sr. member
Activity: 1568
Merit: 324
https://duelbits.com/
June 28, 2020, 09:49:48 AM
Holding coins from the ICO project in the long run is very detrimental because it can only be a collection of our wallets as a result of the price that does not go up, so when we get the tokens from a project do not keep for so long if already had a few results should we sell immediately because waiting for a big value it is very impossible for now.
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
June 28, 2020, 09:28:30 AM
Ya I guess for long term only Bitcoin and ETH are worth holding. All others are maybe good for few years max, but then usually drop in value. Just see EOS. Biggest ICO till date and even after 2 years still around 10x less value from the original ICO value. And some projects that try really hard may also fail due to complex regulations by govt. or simply no demand for their product in market.
For Bitcoin and ETH, you will have a lot of profit if you hold them in the long term. Because those are the biggest cryptocurrencies in this market. And for altcoins, you need to be really careful because the price could collapse and die in the future. Also never invest long-term in new projects because I'm pretty sure they will go down many times compared to the prices of ICOs or IEOs.
sr. member
Activity: 1974
Merit: 453
June 28, 2020, 09:09:42 AM
2017 is an exciting year where everything is worth and in 2018 a year of struggle where we are asked to be more selective in choosing both investments and making transactions.
Those were the year that price is in bull run stage, also when it comes to holding long term this does not guaranteed of returning of profit. Well the fact is not all coins can be profitable. And making some research indeed before investing a coin.

Back then, the number of new projects were low. Most of those new ones were quality projects. But the situation changed in 2018, when we had a flood of shitcoins. As a result, investors were hesitating even to invest in good projects. On top of that, there were scam projects as well, such as the PLUS Token. Unfortunately, the situation hasn't changed much since 2018. 
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