Topic: Most trusted projects ruined me !! - page 6. (Read 1794 times)
I have also been convinced more than once that it is better to sell at an affordable price than to keep tokens in the long term. Once my coins were worth something, but now you won’t get a penny for them. You can keep for the future, something serious, and not all this trash.
Most of the ICOs in 2018 did not go up in price after being listed on the exchanger, I also had several holdings, I tried to talk to the team of a few coins, their answer was, look at the whole market, the same situation everywhere, what can we do now? For this reason, I do not pay much attention to the new altcoins and trade short and long with the old altcoins.
The only trusted projects or coins for me are those coins the top 5 even those on the spot 40 and up are still suspects, the market is highly volatile you should know that if you have invested coins that are not on the top 5 then you should follow these coins because you can be in a big loss if you do not.
The ranking does not really guaranteed its being safe but it can be a good criteria. Even bitcoin is a risky investment product. All of cryptocurrency have their own risk factor but we can always depend on some facts about big market cap coins leaving us a choice of safe investment. Top 100 cmc coins are all good coins with considerable market cap but even in the past years there are some on the list that now struggling and died. 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.
Many ICO projects are now worthless, some lose 98% value, I wonder how they will recover, I've learnt my lesson that when it comes to altcoins investment top altcoins will hardly become useless, new altcoins are unreliable I agree with you. However, virtually everyone knows that the future of start up projects are always uncertain and so is there coins because not all of them do see the end of the tunnel and that's why a lot of investors do sell of their tokens immediately after listing. Start up coins with potentials do tends to be the bad ones on the long run
Yes, and I think it's very natural for investors to sell their tokens as soon as they are listed on the stock exchange, because they also want to get instant profits and make investments in other projects rather than just staying on one project with a long duration. 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 a coin for the long term is really meaningless because there is no guarantee that the project will continue its development and its demand among investors. You should know that in the year 2017-2018, most created coins are just shitcoins, holding those kinds of token will only bring you nothing but regret. 
Oh do not ever remind me about trusted projects. The ICO that I joined, they were 2 or 3 others that launched in the same few days. Mine was the BEST because the developers were trusted, the escrowers were famous trusted people, and there was even the best whitepaper and all that bla bla bla.
The other ICOs had nothing but THEY listed and got something out of it.
Mine scammed hehe:) So much drama and then the groups all got deleted.
I don't know whether to laugh or to be sad cause I was in the same situation lol!! I'll never ever believe in anything that called "trusted" lol!! It's just too ridiculous that we put too much belief in anything on this market. Cryptocurrency market contains a lot of risks and we gotta know that! The other ICOs had nothing but THEY listed and got something out of it.
Mine scammed hehe:) So much drama and then the groups all got deleted.
The only trusted projects or coins for me are those coins the top 5 even those on the spot 40 and up are still suspects, the market is highly volatile you should know that if you have invested coins that are not on the top 5 then you should follow these coins because you can be in a big loss if you do not.
Oh do not ever remind me about trusted projects. The ICO that I joined, they were 2 or 3 others that launched in the same few days. Mine was the BEST because the developers were trusted, the escrowers were famous trusted people, and there was even the best whitepaper and all that bla bla bla.
The other ICOs had nothing but THEY listed and got something out of it.
Mine scammed hehe:) So much drama and then the groups all got deleted.
The other ICOs had nothing but THEY listed and got something out of it.
Mine scammed hehe:) So much drama and then the groups all got deleted.
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 depends on the coin, if you invest in coins that has no use case and cant solve real problem then expect it to turn shitcoins.Year 2017 is season of crypto because majority of coins are skyrocketing. If that time your coin has value you should sell it already. Nevertheless we didnt know what will going to happen later on, I also have regrets of not selling my tokens early 2018 I thought the price increase will be consistent but too late to sell because the value drop already.
not meaningless if you only hodl an alt or a token that is already on the market for quite some time but it can be a disastrous if you pick a coin that is outside from that category . ico coin era was mainly on dates that you describe but after those dates ico's era were gone too and slowly being replaced by the ieo's era . you said you arent the only one that experienced that so dont emote too much because others are just worster as they may invest too much back on that time and all are wasted too .
I know how you feel, I still hold in my wallet coins like Savedroid or TheKey. Do you remember that? Their ICO tokens were sold in just a few minutes. And now? The price is more than 98% down. 
Savedroid was a crap project but it looks like the key can't fulfill all of the promised that has already made by the developers. Even those projects sold in a few minutes doesn't mean they will have bright future. Did you remember decent? it's also a scam project. 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 agree with you. However, virtually everyone knows that the future of start up projects are always uncertain and so is there coins because not all of them do see the end of the tunnel and that's why a lot of investors do sell of their tokens immediately after listing. Start up coins with potentials do tends to be the bad ones on the long run
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 your choice, most trusted project for you might be the worst projects for others, we make decisions base on our research, sometimes they work and sometimes they don't. Altcoin investments are high risk investment than Bitcoin, if you fail try to stand again, this time, better 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.
That’s why you’re being told not to trust any new project. If you can’t deal with having to hold coins that ends up meaningless then you should stop buying and investing in small coins/projects and put your focus on the projects that are already well developed just like Bitcoin and Ethereum, and other top coins as well.Some of these new projects can be very good, but it’s up to the team. There are teams that will come up with a very good idea but they won’t put the effort that is required to run that project and turn it into a success. In things like this, there are lots of works required: first you discover a good project as a team, but after you have done that, the next thing you have to do is to push it. You don’t just keep it there to market itself, the project is not going to automatically grow because it’s a good project. No matter how good a project is, it still needs the right team to do the right thing and promote it so that it will gain investors and become a success.
I know how you feel, I still hold in my wallet coins like Savedroid or TheKey. Do you remember that? Their ICO tokens were sold in just a few minutes. And now? The price is more than 98% down.
Cryptocurrency golden time any ICO can make fake announcement as now low volume exchange is done by IEO. Fake volume exchange IEO is getting more successful than Binance, this is only a fake announcement. You are a very patient person. I hope you will get your rewards. Always be ready to sell your coins.not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate
Yeah but unfortunately we don't see any pumps nowadays and it's unbelievable how things have changed as I sued to hold tokens worth at least $13k from initial days of altcoin and greed took better control on my mind and I didn't sell it off as I wanted to earn more but now those tokens cannot even fetch me $2k. Moreover, 2019 was one of the worst years for altcoin with too many fake ICOs which created bad name for any new coin that enters the market.
You should be glad you are getting something out of it. There are now so many dead projects, which were once active and alive. If the project is still existing and you are able to sell, it will be better you exchnage it or them for better ones, except you feel it still has prospects.
Had it been you were holding BTC, you would not have lamented so much as this.
not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate
Yeah but unfortunately we don't see any pumps nowadays and it's unbelievable how things have changed as I sued to hold tokens worth at least $13k from initial days of altcoin and greed took better control on my mind and I didn't sell it off as I wanted to earn more but now those tokens cannot even fetch me $2k. Moreover, 2019 was one of the worst years for altcoin with too many fake ICOs which created bad name for any new coin that enters the market.
not only you but most of the people in crypto have been destroyed by several ICOs in the past, even for now hold tokens are very risky so if there is a pump and we have benefited then immediately sell because immediately they will dump, never greedy. mate
It is really painful what most people has seen in the hands of these scam projects, especially within that 2017 and 2018. However, I think holding is not completely meaningless as there are still good coins which are worth it starting with Bitcoin. Also, on the other hand, holding most new altcoins nowadays is very risky because majority of them are just for pump and dump, while some are just a means for the team to fill their pockets; therefore I have the opinion that most altcoins shouldn't be held for long.
Jump to: