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Topic: NEVER FALL IN LOVE WITH ANY ALTCOIN - page 2. (Read 248 times)

sr. member
Activity: 2226
Merit: 347
September 18, 2018, 04:22:20 PM
#15
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.
This has been always part of the risk which no matter how good the coin we do saw it doesnt mean the trend of increasing price would continue even its being backed by good companies or any other things but it wont signify a guaranteed potential but its much better to have these preference rather than on seeing none. Most of the time price showup can either be a natural growth or just pure manipulation.It do really just work into those ways.
sr. member
Activity: 854
Merit: 250
September 18, 2018, 10:16:32 AM
#14
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.
newbie
Activity: 210
Merit: 0
September 18, 2018, 08:42:38 AM
#13
Altcoins are wonderful the truth is that you should not judge any altcoin with how good the project is or the platform or exchange that it was found backing it.
member
Activity: 364
Merit: 13
September 18, 2018, 06:33:17 AM
#12
I am not sure about this particular token but tokens who have expolsive growth + are promising dividends tend to be scams.
Stay away from this kind of projects.
As in case of Bitconnect.
sr. member
Activity: 2366
Merit: 332
September 18, 2018, 01:03:03 AM
#11
I can feel a disappointed member but maybe that was your first time to invest in altcoin because for me, $1,000 was too much to invest in an ico coin/token.

Again, it is better to invest how much that you won't regret when the expectations are cut in between the roads.

Always diversify , investing in established coin sometimes pays up. Like bitcoin, etheruem...
hero member
Activity: 2884
Merit: 579
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September 17, 2018, 10:08:47 PM
#10
First we are still in the bear market and most of the alts are affected.

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.
If this has been done by the developers then no one will know or if someone will figure it out that will be on the headlines. I'm not so sure about this coin because I don't follow it but if its backed up by those companies I think that you have heard some related news about bitmain losing with their some other coins.

In the end, you still gave the best tip.
newbie
Activity: 34
Merit: 0
September 17, 2018, 09:03:52 PM
#9
Everybody knows it's a risky market, not everything will be winning :/
full member
Activity: 532
Merit: 103
September 17, 2018, 04:21:26 PM
#8

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.

And I sincerely sympathize with you. I do not know, it seems to me that the team is not to blame. The situation in the market is to blame. I think that now many have lost something. But I hope that the market will soon turn green.

LOL waiting and being patience is much needed in the cryptocurrency marketplace. There are very few people on this forum keep supporting cryptos even it's dumped time. We need to be supportive to grow ourselves along with the bitcoin and alts.

We may find the more green in November and December months for sure. So wait for sometime.
member
Activity: 504
Merit: 11
September 17, 2018, 02:52:44 PM
#7

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.

And I sincerely sympathize with you. I do not know, it seems to me that the team is not to blame. The situation in the market is to blame. I think that now many have lost something. But I hope that the market will soon turn green.
full member
Activity: 1330
Merit: 147
September 17, 2018, 11:47:55 AM
#6
Pump and dump in altcoin prices are very common things, one of the smallest reasons that I only see in altcoins is a low price, so as manipulators or even developers are very slow to make market pumps and make market dumps. Investing in bitcoin is great for choosing long term investments while my altcoins only choose for short term investments.
hero member
Activity: 1820
Merit: 515
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September 17, 2018, 11:14:26 AM
#5
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.
Two months is not enough to get you much profits in this bearish crypto trend so you need to wait long until the market go bullish again which might happen sooner but you also need to remember that there is no guarateed return in the crypto investment so you don't have to feel bad if you lose from crypto currency investment.
newbie
Activity: 24
Merit: 0
September 17, 2018, 11:08:01 AM
#4
Yes attention to every one don't invest on altcoin now because it has no stable price in the market if you think that the price will goes up it may come down' so not to take the risk on altcoin.
jr. member
Activity: 316
Merit: 4
September 17, 2018, 10:19:52 AM
#3
Dont blame the altcoin or the team. An investment is an investment, all investment come with a big risk and you learning the hard way. My advice is just to hodl what you have left, you only at a loss only when you sell. As you can see the whole market is at a big dump. Invest what you can afford to lose.
hero member
Activity: 1190
Merit: 641
September 17, 2018, 08:24:07 AM
#2
Not such a large sum to get so upset.
Put 10% of tokens on the stock exchange + 10% to the purchase price, 10% of the tokens + 20% to the purchase price, 10% of the tokens + 30% to the purchase price, etc.
Hold 10-20% for a long period of investment.
If the token is serious, it will still grow in price.
copper member
Activity: 448
Merit: 3
September 17, 2018, 08:10:58 AM
#1
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.
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