Most trusted projects ruined me !! - page 7.

pixie85

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Quote from: Sourhearrt on June 14, 2020, 12:49:18 PM

Altcoins aren't reliable, it's better to invest very little money on them because altcoins can easily die at any time, many good projects came into this space in 2018 but after few years they turned dead, I belief in Bitcoin 100% compare to others

OP did not account for the BItcoin bear market. It's not the fault of the trusted projects that they failed and every time you invest there's a number of things to consider not only trust.

late 2017 was the worst time to buy crypto in the last 10 years.

sorrros

full member

Activity: 954

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ludenaprotocol.io

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. Cry

btcdie

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Activity: 784

Merit: 251

Keep in mind, after the pump will definitely dump, that's indeed the nature of the market. Altcoin specifically is not recommended for long-term investments. take the moment and immediately throw away if it's already a good profit. for the long term I only believe in crypto mothers "Bitcoin" and this is a sure future.

ololajulo

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Activity: 2240

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SOL.BIOKRIPT.COM

Quote from: maxreish on June 13, 2020, 11:55:53 PM

I may disagree at some point.
Holding tokens is meaningless of that particular token has no value at all. But we can still hold even for a long term the ones which are well established and are potential. Those who contributed useful platform in crypto industry.

Whether you joined many bounties and take part of the reward coins, at the end the value of the token will be depends on the purpose, the investors and the product itself.

I think the strategy is changing, so those that delayed the selling of some of the altcoin in bear season and still keeping, may need research on the state of the project in the market, exchanges listed, the development and use case. I have the feeling that most projects that do not make some remarkable pull back in the present market state before bitcoin recovers to the ATH may be neglected by traders and might struggle to reach previous ATH and breaking it

Alexmagn84

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Activity: 517

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Not all coin good, if you're holding very faster development coin then you will make profits easly. I think unless and death project can give up also fake announced. Top coins cmc always good profitable but that's not mean all coin profitable.

slashz9

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Activity: 1554

Merit: 101

not at all, if you hold good coin then it wont happen like you hold that, some coin ico mostly of them are not survive for longtime so i suggest to sell coin like that if you have, some good coin like bnb,link,trx and other have a good price after longterm.

jacafbiz

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Activity: 2128

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PredX - AI-Powered Prediction Market

Crypto tokens are like penny stocks, do not get excited enough with them and think this one is the new Ethereum, make your money and run. The most important thing in the space is not to lose money, if yu are not losing money on any project with time you will be fine.

GelsoAM

member

Activity: 158

Merit: 10

That's not the case all the time. there are coins out there that lead people to their first BTC. which can be shocking, but there are still coins out there that could be useless. The fact is in every way you look at it coins has it's risk and doubts. Imagine if you sell your coins right away and got a decent amount out of it but months later that same coin you sold for around let's say $0.05 per token is now $1. If you look at it you could have gain so much more if you have hold it just a few months. But still, there are still coins even for long term holding the market of the coin just won't budge, So just forget about it. because you have lost everything you've invested on that project money wise, theres nothing more to lose? right? Grin

ScamViruS

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Activity: 1806

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Top Crypto Casino

2017 was the golden age for altcoin. There are no coins that did not pump in 2017. Lots of shitcoin then came on the market and robbed investors. What you said is true. There are lots of altcoin in the market of which only a few coins are good. Those coins can be hold. But there are some things to keep in mind when holding a coin, holding a coin does not mean that you will hold that coin for the rest of your life. You need set your profit target. Just as holding all altcoins is meaningless, so even after making a big profit holding that coins is meaningless.

kesmex

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The OGz Club

Quote from: niisarearning on June 13, 2020, 05:21:11 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 may know, what project are you taking part in since 2017/2018? If the project is still active now,
my advice is not to sell cheap coins that you hold

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: suryana on June 14, 2020, 12:32:54 PM

It depends on what coins you hold, until now I still hold some tokens that I got in 2017, and the price is still good, even though it is not like in 2017. Some ICO projects that I participated in 2017 were good projects so their coins still survive today.

Exactly, some are still progressing but unlike from that said year ico or new project today are very risky, some coins from 2017 still have good value maybe not the same run since from that year huge bull run really pumped most of the coins unlike today where there's no huge pumped.
Not meaningless but you have to study and do a good research before thinking of long term investment,make sure to hold good and progressive projects.

Sourhearrt

member

Activity: 166

Merit: 12

Altcoins aren't reliable, it's better to invest very little money on them because altcoins can easily die at any time, many good projects came into this space in 2018 but after few years they turned dead, I belief in Bitcoin 100% compare to others

CucakRowo

hero member

Activity: 994

Merit: 593

aka JAGEND.

Question is, where do you get those coins from? Do you deliberately invest or get the coins from the bounty that you follow. If you did invest, my suggestion is, it would be better if you position yourself as a late investor. Meaning, buying a coin on an exchange after the project is 6 months old. Why? I have noticed, new coins take an average (minimum) of 6 months to pass the trial (buyer, seller, hype/FOMO, less fund for development, late roadmap, etc). Usually the hype occurs in the first 3 months since the coin is listed in exchangel. But usually after 3 months, the coin will experience a decrease in interest from investors. Remember, BTC need 5 years to attract investors.

suryana

sr. member

Activity: 1218

Merit: 254

Trphy.io

It depends on what coins you hold, until now I still hold some tokens that I got in 2017, and the price is still good, even though it is not like in 2017. Some ICO projects that I participated in 2017 were good projects so their coins still survive today.

princesspoppy

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Activity: 634

Merit: 10

To be honest, I'm not really a fan of holding altcoins even if it looks promising and will give a good amount of profit in the future. In the year 2017 and early 2018, yeah I can say that it really was a good year for altcoins, many projects gave high profit, but that is only possible if you sold them during those hype.Many projects tend to die after months or years in the market, it's either because it does not get a lot of attention from investors or the project itself is not a very useful to the crypto world or the project team abandoned it.

That is why I sell altcoins whenever I see a hype in its price in the market most especially after bounty distribution where it usually happen.

thesmallgod

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Activity: 1498

Merit: 129

It cut across all coin especially after the bull run in 2016/2017. I participated in projects that are highly rated such as Aion and Pundi X, there were time that this token went up became 5x of the crowdsale price but immediately the price of bitcoin becomes bearish, all of them fell badly and up till now most of them have not even recover to make the crowdsales price not to talk about rising above that. But the sad truth is that most of the token you said you trusted must have been backed up by projects that have long being abandon making the token useless on the exchange

totoy4741

member

Activity: 882

Merit: 13

Why you invest in an ICO project in the first place, to gain profits right? Then why would you hold and waste your opportunities to gain profits by holding for a long time without any assurance of its success. You could have sold half of it, so atleast you did not loss any of your investments

aioc

hero member

Activity: 2926

Merit: 567

Quote from: litepool.ru on June 14, 2020, 08:15:53 AM

Most of the investors lost money when investing in altcoin in 2017 2018. The price of altcoin continuously collapsed and fell down hundreds of times in a short time, I myself have lost a lot and luckily. Luckily I cut loss them soon

They were all victims of FOMO because they saw all the coins are pumping even those dead coins are making a huge pump, game over now for this pump and dump coin, it's now time to do your research and doesn't just believe in the hype, we have seen the collapse of ICO and it's a big lesson for all of us here.

litepool.ru

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Activity: 531

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Most of the investors lost money when investing in altcoin in 2017 2018. The price of altcoin continuously collapsed and fell down hundreds of times in a short time, I myself have lost a lot and luckily. Luckily I cut loss them soon

Botnake

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Activity: 2856

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Quote from: niisarearning on June 13, 2020, 05:21:11 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 .

There's a problem with timing of accumulating a coin, you accumulated during peak which is the timing for selling.
If you have followed a simple principle which is to "Buy at dip and sell at peak" you might have not bought at that time and you'll wait until the market dump due to correction, it was all FOMO that time that's why the price went crazy, not only in bitcoin but most altcoins as well, in fact a lot of people make good profit on altcoins as they are the most profitable that time.

Quote from: niisarearning on June 13, 2020, 05:21:11 AM

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.

Like I said, if you were able to do it at a good timing, you'll not regret because holding is still a good strategy as long as you hold a legit coins that has a great potential to succeed in the future.

We should know about this.

https://cointelegraph.com/news/btc-maximalists-are-right-that-95-of-crypto-is-a-scam-says-emin-gun-sirer

Topic: Most trusted projects ruined me !! - page 7. (Read 1755 times)