Just because you trusted them, doesn't mean that they're capable of actually delivering one their promises.
There's a reason why IPOs are only available to accredited investors... Because only these people know the market enough to understand the risks that are involved and properly conduct a risk assessment.
You invested your money, almost certainly with little to no investment experience, thinking you're going to get rich no doubt. Look where that landed you.
Topic: Most trusted projects ruined me !! - page 4. (Read 1780 times)
It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Hold altcoins in the long run is suicide, even those are the leading altcoins in this market. If you invest in altcoins, you need to have a clear strategy and should only invest short term and make a profit from it. 
That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting
What is your opinion on Waves? Altcoin is among top100 alt, have running product and Waves DEX is a popular place to trade. Devs are doing thing from time to time.
Despite all that I've already market this alt as a dead coin or bad investment. I've been holding Waves for more than 1 year, and during that time my invested 100 bucks now worth ~34.
It is true that about 99% of all cryptocurrencies with ICOs held in 2017 are now traded at really low price levels or even dead. It shows that there is no reason to hold the most coins for a long term.
Indeed, most old coins have drastically reduced prices, but that doesn't mean they have no potential anymore, I myself have hold several tokens since 2017 and I am sure when Altcoin season arrives, the price of old coins / tokens will also increase.
That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting
It is still depends on the altcoin that you are holding. If it is something such as you said, then there is no point of holding because even if it looks like a trusted project, it will only be a waste of time and effort for holding in a long term.
Indeed, most old coins have drastically reduced prices, but that doesn't mean they have no potential anymore, I myself have hold several tokens since 2017 and I am sure when Altcoin season arrives, the price of old coins / tokens will also increase.
That depends on the altcoin you hold, if you hold a coin/token that has a usecase
and the project is still running, this clearly has potential.
But if you hold shit coins from dead projects, like Mnx Coin.Forget it...
It is a futile waiting
I highly believe that most of us do really have that kind of experience ending up on holding a shitcoin into our bags.Its really impossible for some one
for him not able to do or experience.We thought that a certain project is really worth to invest and wait but it turns out to be a shit in the end of the day.
This is why this market is so unpredictable even if you do saw that a project is good and the team behind it, we cant still assure if it would able to succeed
in the end of the line.This is always been part of the risk when we do talk about investment so we should at least anticipate it.
Indeed and its part of investing, we cant guarantee a 100% return because it has risk so if you experience failing to the coins you invested in dont feel bad because thats the risk we have to take. What important is we learn and careful now when we invest in coins/tokens. Long term holding is still profitable we just need to choose a coin that has real uses and worth to hold. for him not able to do or experience.We thought that a certain project is really worth to invest and wait but it turns out to be a shit in the end of the day.
This is why this market is so unpredictable even if you do saw that a project is good and the team behind it, we cant still assure if it would able to succeed
in the end of the line.This is always been part of the risk when we do talk about investment so we should at least anticipate it.
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.
As your experience if you sell your coins now, you will be disappointed again. Take your steps as cryptocurrency market situations. Unfortunately, at that time I lost a lot of money for holding tokens and coins. Always fix the selling price before you buy any coins. To buy coins, a price dump should be needed. I don't think now any projects will ruin your money and time.I highly believe that most of us do really have that kind of experience ending up on holding a shitcoin into our bags.Its really impossible for some one
for him not able to do or experience.We thought that a certain project is really worth to invest and wait but it turns out to be a shit in the end of the day.
This is why this market is so unpredictable even if you do saw that a project is good and the team behind it, we cant still assure if it would able to succeed
in the end of the line.This is always been part of the risk when we do talk about investment so we should at least anticipate it.
Do not choose too many projects to invest in, just choose a number of projects that are trusted in terms of concepts already realized and running. than we speculate further about a project. we both know what happened to crypto that most projects also failed to realize their project
Now you can not trust any crypto projects that appear on the market. and even those that already exist for several years may collapse and you will lose your money. so I choose a large portfolio strategy
Unfortunately this is truth, therefore, it is necessary to constantly monitor all the projects in which you invested, because at any moment any project can close, therefore, I was monitoring always all projects and already many interesting projects in which I invested are closed and many of them brought me losses.
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.
As your experience if you sell your coins now, you will be disappointed again. Take your steps as cryptocurrency market situations. Unfortunately, at that time I lost a lot of money for holding tokens and coins. Always fix the selling price before you buy any coins. To buy coins, a price dump should be needed. I don't think now any projects will ruin your money and time.
Do not choose too many projects to invest in, just choose a number of projects that are trusted in terms of concepts already realized and running. than we speculate further about a project. we both know what happened to crypto that most projects also failed to realize their project
I looked back and analyzed all the projects whose tokens I sold. At the moment, the price is much lower than when I received them. I think it’s good that I sold it. But I still keep some, because I believe in perspective.
I quickly sold my tokens when I already received it with I know that its a good to sell it. I sold them when the price hits at its ICO price. I don't want to risk it more knowing that it could possibly dump after it hits at ICO price or after it pump. I don't doubted that I sold them already. I just hold Bitcoin instead of them. Almost all the previous tokens that I hold are nothing now. Its only cost about few cents.
I looked back and analyzed all the projects whose tokens I sold. At the moment, the price is much lower than when I received them. I think it’s good that I sold it. But I still keep some, because I believe in perspective.
I think everyone also feels the same thing. When the year 2017-2018 there are still many successful altcoins. However, Altcoin has a high price when it is newly listed in Bursa and after that, the coin price starts to drop sharply. Some of my coins are also currently very low prices, but in the year 2018 have a decent selling value. Not all altcoins if on hold for the long haul, will have a high selling value.
If you want a long-term investment that has a good future is Bitcoin and Ethereum.
If you want a long-term investment that has a good future is Bitcoin and Ethereum.
Year 2016 to 2017 were the bread and butter years for crypto. That time even the most shitty altcoin are goin up because Bitcoin is running bullrun. We cannot expect the scam and legit projects of 2018 to bring something good as all altcoins are pegging their price over Bitcoin. Lets wait for the next bull run. The glory of crypto will rise soon.
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's about the purpose of holding. Some just fall in love with a project and just hold for long. However, if you are in for profit then you should not be greedy and be satisfied with whatever profit that comes your way over time. You can't just expect the price to keep going up and up. Taking profit when due is the secret to long term holding.
in 2017 where all coins experienced a very high increase because btc also rose.
so that almost all types of coins went up, even though there was no news or further development of each of these projects.
but in 2018 all of these increases turn into mass declines.
and the market was very weak at the time, this was also the main reason why many projects died, even though it was only released on the market, the reason was simple because the value of their tokens followed the btc.
To be fair, we can't blame BTC for other coins' dumps! The reason is that other coins should have their own plan to get rid of the effects of the market! We have to admit that BTC has a huge effects on other coins' value. However, when the crisis comes, every single coin in the market are affected. We have to question that why other coins still alive but some don't? so that almost all types of coins went up, even though there was no news or further development of each of these projects.
but in 2018 all of these increases turn into mass declines.
and the market was very weak at the time, this was also the main reason why many projects died, even though it was only released on the market, the reason was simple because the value of their tokens followed the btc.
not because of the project but indeed the market conditions that made many projects unable to survive because their token value depends on the value of BTC which at that time continued to decline after a very high increase.
only big and strong projects can survive.
besides that the product in the project cannot attract many people so the price is getting dump, if their product is still in high demand, the price won't dump too much only big and strong projects can survive.
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 must always evaluate the characteristics of the projects, many of the ico of the end of 2017 have failed miserably, unfortunately they have been a mere speculation. But I am confident of new projects that are emerging, surely now we are all more aware of how to evaluate a project / token
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