No exchange? No Value! - page 4. | Bitcointalksearch.org

glowing10

full member

Activity: 812

Merit: 142

Quote from: lifeinmountain on August 25, 2020, 03:32:26 AM

there are so many exchanges launches day by day and it is difficult to understand which one is secure and I prefer those exchanges which have a good reputation and working for more than 3 years. but we live in digital ears its impossible to trust any exchange reputed exchange also. if you have a heavy fund then its great to store your fund in a hardware wallet.

Ensure that you only trade with the bets exchanges which are existing for long time and has very good reputation here on this forum or overall and if any issues occur their customer feedback should be supportive so that your issues are resolved quickly. This will help you to avoid any scam or losing any coins due to any security lapses etc.

trauchot

member

Activity: 1764

Merit: 10

Unfortunately, you can't do anything here and you just need to wait for news from the project team from which you have tokens in your portfolio and you must hope that they will list this token on another exchange or they will find somewhere money to return money to investors.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: killerfrost on August 25, 2020, 11:51:43 AM

Quote from: jrrsparkles on August 25, 2020, 11:49:14 AM

So you actually bought a dying altcoin! Sad

Yes it is true if there is no exchange then your token has no real value until the tokens are used for the purpose why it was created by the team and this also not going to happen.

He bought it before it died, I also met a lot of altcoins like that in this market. Investing a lot in them but then the price kept dropping and being delist, I lost thousands of dollars with projects like that over the past 2 years

Even though he bought it when it had value, he should had done enough research before buying it.If a token doesn't have trading volume or not listed on many exchange then it is a red alert for the investors and better to avoid at any cost at all in future.

killerfrost

sr. member

Activity: 1988

Merit: 254

PredX - AI-Powered Prediction Market

Quote from: jrrsparkles on August 25, 2020, 11:49:14 AM

So you actually bought a dying altcoin! Sad

Yes it is true if there is no exchange then your token has no real value until the tokens are used for the purpose why it was created by the team and this also not going to happen.

He bought it before it died, I also met a lot of altcoins like that in this market. Investing a lot in them but then the price kept dropping and being delist, I lost thousands of dollars with projects like that over the past 2 years

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

So you actually bought a dying altcoin! Sad

Yes it is true if there is no exchange then your token has no real value until the tokens are used for the purpose why it was created by the team and this also not going to happen.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

Now you probably know that not all coins are worth investing, the problem with shitcoins is that aside from they are useless their primary function is just to grab investors money and run away. Next time do research before you buy, make sure the coin or project has intrinsic value, products and services to offer.

Zeehaxan

member

Activity: 294

Merit: 10

WhalesHeaven - Custody Free Swap Exchange

Quote from: CryptoSaint777 on July 07, 2020, 01:37:44 AM

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value. Undecided

What do you think I should do now?

New or smaller projects do have significant problems listing on a decent exchange and everyone sees this a problem before investing in new projects as well.
But with the emergence of dexes and dex aggregator platforms im confident that with more upgrades and cross-chain utilities listing problems will be solved as we will be able to trade any coin or token at these decentralized platforms.

assa1979

newbie

Activity: 33

Merit: 0

Quote from: CryptoSaint777 on July 07, 2020, 01:37:44 AM

So now I am stuck with coins that have no value. Undecided

What do you think I should do now?

Not much you can do here, very sorry to hear that you've faced that. Maybe it will be a relief for you to hear that you're far from being the only one in the boat.
Crypto is all about venture investments. Even top alts could seem a lot sketchy compared to major stocks.
It is a very young industry and there surely will be a lot of losses due to abandoned projects like your one.

ubay

full member

Activity: 728

Merit: 101

Your words are correct if there is no market then the value of the coin is empty, but I don't agree because we need to know the reason why the coin is missing from the market. If the developer and the coin team are still active in developing their coin, then hodl it until it is listed again in another market.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: taufik0911 on August 25, 2020, 08:29:07 AM

I think there is nothing you can do, maybe you can only hope and miracles come

Accept and move forward, there's nothing else left but to accept the fact that if the project fall and developers decided to runaway then there's nothing left but miracles.

Quote from: taufik0911 on August 25, 2020, 08:29:07 AM

This is a risk from the world of cryptocurrency, this is the digital world and even the track records of blockchains developers can be faked

More likely if you invest with unknown coins who don't have any clear path. If developers are just aiming for money and fakes out every information about them and their works.

Quote from: taufik0911 on August 25, 2020, 08:29:07 AM

If you want to get profit from cryptocurrency then you must be prepared for the risks, such as delisted coins / tokens from exchangers

It's a must to do your in-depth research before investing your money, the chance of succeeding is always in your hands, it will depends from how you really engaged with your yourself in regards to the project that you'll going to invest your money.

GreenStox

sr. member

Activity: 1148

Merit: 252

Undeads.com - P2E Runner Game

there is nothing you can do because the coin has been lost or has no value.
What you have to do in the future is buy coins that have good reviews for the long term, I know what I feel but there's nothing you can do anymore.
just don't make the same mistake going forward.

bayudndy

full member

Activity: 824

Merit: 104

PredX - AI-Powered Prediction Market

Your money is gone, you invested in a bullshit project in this market and now it's dead. There are many scam projects like that in this market, and if you are not careful then you will lose money on it. Invest in the top projects in this market to be safe, although it will not bring too much profit, you will certainly never lose like that.

nykka

member

Activity: 252

Merit: 11

It`s a pity, but I reckon you have lost your money. I prefer but cryptocurrency which is listed at least on 2 exchanges to avoid such situation. Moreover buying unpopular altcoins with low trading volume is always high-risky action, because you easily can lose your money if demand on this coin disappears

taufik0911

full member

Activity: 1274

Merit: 104

HEX: Longer pays better

I think there is nothing you can do, maybe you can only hope and miracles come
This is a risk from the world of cryptocurrency, this is the digital world and even the track records of blockchains developers can be faked
If you want to get profit from cryptocurrency then you must be prepared for the risks, such as delisted coins / tokens from exchangers

TheMystic

member

Activity: 171

Merit: 12

Quote from: CryptoSaint777 on July 07, 2020, 01:37:44 AM

So I bought an altcoin called batcoin from a cryptocurrency exchange website. I even withdrew all my coins to an offline wallet, because I don't exactly trust exchange websites. However, the exchange it was listed is now gone, due to a hack.

So now I am stuck with coins that have no value. Undecided

What do you think I should do now?

That is why, it is advisable to do your proper research on projects before investing. There would have been done signs and traces that it might not succeed. Besides you don't just buy a coin and keep without following up with the projects on there social media. Reviews from there social media will also help to know when to dump. Lest always try and e careful investing in on coins at the verge of dieing.

SyndicateLabs

full member

Activity: 896

Merit: 100

PredX - AI-Powered Prediction Market

Quote from: qigong13 on August 23, 2020, 05:13:18 PM

Quote from: restuibu on August 23, 2020, 04:20:38 PM

There are no updates on this project and of course this project can be said to be over, so the coins you have in your wallet will not be valuable, save it maybe in the future there will be a miracle..

Please don't play with his hope like that with miracle stuff. The best thing for him right now is just moving on and stop wasting his time, his energy on thinking his dead coin can return.

It is true that this project is dead and cannot be resurrected. They have even been removed from the exchanges in this market. It is best to abandon this altcoin and learn from it, invest only in the best projects and be listed on major exchanges to be safe.

Saisher

full member

Activity: 2324

Merit: 175

I have second thought on trading new coins that has only one exchange listed with lower liquidity, once I saw a coin like that I immediately liquidate you are in danger of the coin you are holding de listed or you will unable to liquidate it because of lack of volume, the best and only choice is to dump right away.

giammangiato

legendary

Activity: 1862

Merit: 1327

Quote from: lifeinmountain on August 25, 2020, 03:32:26 AM

there are so many exchanges launches day by day and it is difficult to understand which one is secure and I prefer those exchanges which have a good reputation and working for more than 3 years. but we live in digital ears its impossible to trust any exchange reputed exchange also. if you have a heavy fund then its great to store your fund in a hardware wallet.

You right it's very difficult believe in new exchange when bad things happen also to big exchanges. But a new coin must start from the bottom and day by day try to arrive on a bigger exchange if it has not a knowed team behind

lifeinmountain

newbie

Activity: 92

Merit: 0

there are so many exchanges launches day by day and it is difficult to understand which one is secure and I prefer those exchanges which have a good reputation and working for more than 3 years. but we live in digital ears its impossible to trust any exchange reputed exchange also. if you have a heavy fund then its great to store your fund in a hardware wallet.

wack slacker

full member

Activity: 966

Merit: 102

Many exchanges have been hacked, which is CRYPTOPIA, ETHERDELTA exchange crashed and scam the participants of the transaction on it. No exchange is safe, leave your money on major exchanges like Binance, Huobi, OKEx, Coinbase ... at least on large exchanges you will find them better. That's how you keep your money safe.

Topic: No exchange? No Value! - page 4. (Read 2505 times)