Quarkchain Help needed. Super massive losses. Please suggest

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

You are still lucky, your coin value is not falling more than 80%. I saw many coins were falling more than 80% after hyping.
My suggestion is, always buying coin when it is not on the hype condition, because usually the coin will fall after hype over.
If you buying when the value low, you will have higher chance to sell it higher later.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

Yes, the hype was really livid. I got caught up in it too, only that I didn't buy in. I participated in the bounty campaigns which turned out to be my worst. The payout was a joke. The Quack team might as well refused to reward us for our work because even the pay isn't worth anything. OP, take what has happened to you as a bitter lesson learnt and move on. We all here have had our bad moments too, one way or the other. And i believe many of us have learnt from it.

NEXT time, don't ever invest in a coin not listed on an exchange.

Sarveshjagga

member

Activity: 73

Merit: 10

Etherium Era

Thank you everyone for reply. I think best for market is btc to get stable first then alt markets might get a run. Plus i see there is a massive event coming for qkc on sharding technology. It might outperform other alts if bt c remains stable here. Wish for the best. Lets hope recovery comes else i am rekt big time. I can just pray for it. Next time there is no coin except bitcoin for me.

Gozie51

hero member

Activity: 2618

Merit: 626

Is unfortunate that you have invested in a shitcoin that has no drive to grow. What I suggest is to convert to bitcoin and hold, you can recover your investment now that bitcoin is growing. Good luck.

Quote from: joseyphil82 on May 09, 2019, 10:36:30 AM

Investing 5btc on an altcoin alone is freaking too much ,if I have 5btc I would diversify it in many altcoins ,infact if that 5btc goes on bch only you would be upthreading in profits

Hey.. Someone is in pain. He made a mistake and needs an advise, we are just one family.

OrangeSeller

hero member

Activity: 1008

Merit: 501

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

Wow, are you a newbie to the crypto space or no one told you how crypto works before making investment, this is what I am talking about when I say people are been giving wrong orientation to what crypto is all about and this keep sickening me, I don't think there is anyway for you to get back your funds until that coin see a rise in price back to 1100 sats which might be unlikely if they don't have any real life value to which the project could exist even after entering the exchange, this is why one needs to study a project closely before making investment.

sushil7045

newbie

Activity: 32

Merit: 0

not only you, some of my friends also lost money on qkc. there is no point of selling now at such loss. qkc is a good project and we can expect good jump when btc stabilize or in next bull run. DYOR

serhanni

full member

Activity: 686

Merit: 100

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

What was the worth of 5btc as USD when you bought qkc? And what is the worth of your qkc now?

Ifemini

member

Activity: 690

Merit: 12

There are consequences for every action

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

Am not sure you have an alternative presently
Because I don’t see quarkchain getting to 1100 sats at all

So next time I think you can dyor more
But don’t give up, this is crypto, anything is possible

republicrypto

sr. member

Activity: 1414

Merit: 252

Keep it Simple guys :)

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

i see Bitcoin dominance about 57% depends on coinmarketcap, so this mean a lot of money move from altcoins to bitcoin for now
and maybe thats the main causes why most of altcoins red now
by the way, if you still believe with quarkchain, i think its better to hold your QKC for now,,
regards

AgentZero23

member

Activity: 644

Merit: 10

You are not the only one who suffered a massive losses. I have my Telcoin tokens worth 3k usd when the bull run happens. And now it's worth 200 usd and I regret not cashing out when the market starting to decline. I was so naive back then and now I have no choice but to hold my tokens. Luckily the Telcoin team are not just hype but slowly they get it done. You should have at least sell it or hold as Quarkchain is great project.

rijaljun

sr. member

Activity: 1274

Merit: 267

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

The best thing you can do is to wait for the price to increase. But, if you have time to learn the possibility you can cut-loss (make sure you won't cut-loss for non-profitable thing, you should be bale to recover your loss). I knew there are a lot people complaining about the price on telegram group, but I don't think they are wise investors by put the team as party to blame. What increase and decrease the price is demand and the team has been working well so far (in terms of development)

monalia

member

Activity: 685

Merit: 14

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

To invest that amount you must have ask anyone before investing bro. This is really big amount to target only one coin that too while they were working on mainnet. Market dropping is the real and big reason for this change.

Please take your coins to BNB now. I see last few weeks this coins rapidly falling and once the Decentralized exchanges again we have big changes to see the growth minimum 25 USD so now the value is 16 USD and we can find the growth more...

target

legendary

Activity: 2282

Merit: 1041

Quote from: joseyphil82 on May 09, 2019, 10:36:30 AM

Investing 5btc on an altcoin alone is freaking too much ,if I have 5btc I would diversify it in many altcoins ,infact if that 5btc goes on bch only you would be upthreading in profits

OP is just too late. He should have dumped it when the market starts. I bet he received a lot of discounts enough to consider profit from being an investor but he missed it. 5BTC would have been enough for him to profit about 1BTC for it. The project is actually great, it had been compared to big projects like Zilliqa which is also another type but then of course Quarkchain were hyped much as to expect rise right after the mainnet.

Simple_Plan

jr. member

Activity: 113

Merit: 2

Normally, main net is the last hype that a coin can bring to its investors. It's so bad that you bought at hype. Very difficult for you to reach that price level again, unless this coin has some some really important news like partnering with a big company or something. Not sure how much you lost but if you could bear it, then cut the loss and invest in other coins.

Petchant

jr. member

Activity: 172

Merit: 1

What you invested in a project that hasn't proven itself in anyway is damn to much. The deal is done already and an sure you have learnt your lesson in a verg hard way. You only have to option, sell and reduce your loss or hold still be hopeful for turn around.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Sarveshjagga on May 09, 2019, 10:25:04 AM

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

A famous quote, "You are what you eat." Eat shit, be shit. Buy shit, be shit.

Quote from: joseyphil82 on May 09, 2019, 10:36:30 AM

Investing 5btc on an altcoin alone is freaking too much ,if I have 5btc I would diversify it in many altcoins ,infact if that 5btc goes on bch only you would be upthreading in profits

Don't listen to this retard. Bcash (BCH) is just another shitcoin. If you listen to this moron and convert your Quarks to Bcash, you'll just amplify your losses.

You don't have many choices. The coin you invested is a complete shit.

1-Dump and don't invest in shitcoins again.
2-Wait and lose more.

Your call.

Gemliting

jr. member

Activity: 129

Merit: 1

my suggest is cutloss your Quarkchain then buy altcoins then make a short trade daily to get profit,
even newbie like me have clear brains " Never invest on hype project "

bttmember

member

Activity: 938

Merit: 13

AMEPAY

I do not think anything much can be done you have just 2 options either take losses and withdraw your btc whatever is left or just keep hodling in hope of recovery. Secondly i would say that you are not alone almost all the people in alts are facing the same thing i have personally found that staying in btc is the best option we should stay away from alts.

joseyphil82

member

Activity: 742

Merit: 16

Investing 5btc on an altcoin alone is freaking too much ,if I have 5btc I would diversify it in many altcoins ,infact if that 5btc goes on bch only you would be upthreading in profits

Sarveshjagga

member

Activity: 73

Merit: 10

Etherium Era

Hello During main net hype i bought quarkchain worth 5 btc. I didnt realise what was happening then and now. The market for qkc has come to lowest at sitting at 330 sats. I bought at 1100 sats. I literally have no clue on what shall i do. Please requesting help on this. Please teach what can be done ?

Topic: Quarkchain Help needed. Super massive losses. Please suggest (Read 203 times)