Topic: NEVER FALL IN LOVE WITH ANY ALTCOIN (Read 248 times)
As close to ascension. You're upset that I've done so much damage. There are investors who have a much greater loss.
With recent ETH dip, many altcoins gone down pretty hard, and blaming team isn't a way to go IMO. Always consider risk of red candle, after all, you know what you are investing into (hopefully).
XRP 50%
Thats not much , 700$ drop in day / week is kinda low . I had drop from Thousands of dollars and still holding and still feeling positive for a project 
Ofcourse for some people 700$ is loads of money . Actually for me its alot aswell , but before i joined crypto i was ready for big drops and big gains ofcourse If you invest what you can afford to lose , then you are fine
Ofcourse for some people 700$ is loads of money . Actually for me its alot aswell , but before i joined crypto i was ready for big drops and big gains ofcourse If you invest what you can afford to lose , then you are fine 
It is an experience that should be lived for you, so I don't find it very logical to make hodl except for very strong altcoins.
I made this mistake in the past.. I didn't have the time to watch the chart and trade accordingly so I just blindly trusted in the markets and respectively in an altcoin's price and I had massive losses in the bear market. I could have accumulated a lot of bags if I'd have had the time to trade.. I regret this but it is a learnt lesson for me.
Never blind buying even tho your favorite youtuber or twitterer said it. always do your own due diligence to research etc or you will just end up getting rekt and being a bag holdler for a long time. if your looking for altcoin try the low risk coins that has established market cap instead even if the return is small its better than losing , anyway goodluck investing always never follow anyones advice for your own money
You need to exercise great patience in order to make something reasonable out of your investment. Don't let anything force you to sell your coin at a loss. If the project is active and the team is up and doing, I am sure it will recover. Virtually all cryptocurrencies are down at the moment.
In the current situation, any altcoin would give you almost the same result. Even Ethereum is down. Bitcoin went down as well. It's temporary, if you will hold for a longer time you will get back your 1000$ (I don't know much about CET, but I hope it's a promising coin)
It usually happen. The bear market still is very much dominant even today, it shouldn't be surprising as everyone still are keeping their money in USD. The new coins today may even drop to its very low if they release them on the exchange before the end of the year. No one could tell whether the team pumped it after all no can provide proof of it but just assume it pumped by some one else to lure investors. Its not just you who took the bait.
It usually happen. The bear market still is very much dominant even today, it shouldn't be surprising as everyone still are keeping their money in USD. The new coins today may even drop to its very low if they release them on the exchange before the end of the year. No one could tell whether the team pumped it after all no can provide proof of it but just assume it pumped by some one else to lure investors. Its not just you who took the bait.
So, about last two months, I bought 10,000 CET at the price of $0.1/1 totaling the sum of $1,000. They were giving some dividends on holding the CET coin as it's been used in the coinex ecosystem otherwise known as a utility token.
Now, before buying this token, I have watched it growth and considering the fact that it is been backed by Viabtc and bitmain. so I thought it will continue to enjoy its organic growth, I felt very happy and comfortable with the token, was hoping to use this in getting more bitcoin as the price increases. But this wasn't the case as the token started dumping, I felt it was just a normal correction, but I was absolutely wrong. Just as I write, my $1,000 investment is currently worth $231. I have loss $769.
Now, my major concern is: Did the team initially pumped the token to attract investors or they just allow a free fall or is just the condition of the market? My submission is that: Never fall in love with an altcoins. Play stay with boitcoin.
Now, before buying this token, I have watched it growth and considering the fact that it is been backed by Viabtc and bitmain. so I thought it will continue to enjoy its organic growth, I felt very happy and comfortable with the token, was hoping to use this in getting more bitcoin as the price increases. But this wasn't the case as the token started dumping, I felt it was just a normal correction, but I was absolutely wrong. Just as I write, my $1,000 investment is currently worth $231. I have loss $769.
Now, my major concern is: Did the team initially pumped the token to attract investors or they just allow a free fall or is just the condition of the market? My submission is that: Never fall in love with an altcoins. Play stay with boitcoin.
Sorry for what happened to you because of you loss your hard earned money I will give some suggestions to you that is do not treading emotionally because of it will be going to end badly, so next time you have to invest any top coins in cryptocurrency market and hold for long term.
Wow, u are right I could remember vividly my love for ost coin (simple token) it's just like a magic seeing the coin dip I was luckily to see a little pump to dump it, the love that I have for it makes me not to sell at a higher profit then
I'm sorry to hear about your loss but the losses are still small, people hae lost millions in this bear market but they still don't get all dramatic about it.
Inasmuch as your submission is inline for any serious investor not to allow emotion to overwhelm his decision on any token or coin. there is still room for you to make profit from coinex token if you don't rush to sell it off.
Learn to take profit every up trend , dont be blindly greedy there is always oportunity on other alts
Any alts can turn really high or drops like this year example aion and lunyr they run a campaign here in past 2017 so i do buy the coins/tokens then actually i earn 5x in trading because i do day trading so that's still good unfortunately they drops a lot this past few months so there always a possible that they can turn really high another thing they have active and good team that's why i invest or i take risk so rely the risky things here in crypto in the developer of the coins/tokens
Agree with this , always take profit
Whic one you agree? What a waste of time post.There's alwàys risky on investment dude have you ever read the terms and risks of the company? Anyways over the last two months too there haven't any altcoins that gone up for good and almost stable, all got bearish even the best altcoins I have in my wallet.
https://www.veritasmining.co/
Love to answer the subject. In my opinion that if you fall inlove and stay with that alcoin and never know how it works and its value changes you go bye bye.
Knowing if will rise needs patients by being updated on every news on what is happening now on that specified altcoin.
This is my suggestion
1. Understanding
2. Have patience but know the alcoin.
3. Study the changes.
4. If the altcoin has no new and value is down sell it, it is time.
Knowing if will rise needs patients by being updated on every news on what is happening now on that specified altcoin.
This is my suggestion
1. Understanding
2. Have patience but know the alcoin.
3. Study the changes.
4. If the altcoin has no new and value is down sell it, it is time.
There is always a big risk in investment. But it will all depend again on choosing to invest, even patience will be the main actor in investment. What I see here is not only the coins you have but almost all the coins are in bad condition.
Choosing coins is really important, altcoins is not invulnerable so expect the price to pump and dump because of the market situation. You may find your coin at the bottom but it doesn’t mean altcoins is bad, you just missed the opportunity to take profit. Jump to: