What do you think of tokens you promoted and invested down 90% - page 2.

mickey_miner

sr. member

Activity: 910

Merit: 250

Proof-of-Stake Blockchain Network

Quote from: coin-investor on August 29, 2019, 10:27:44 PM

I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.

And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?

Do not invest in ICO, they have long ceased to bring income to investors, you will only lose money. Better to participate in the bounty.

retnoanjani

full member

Activity: 630

Merit: 100

Quote from: flemmings02 on September 19, 2019, 04:21:16 PM

Recently I received some bounty tokens too, the project more than needed funds to meet the softcap and the token was doing okay on the exchange before the distribution of bounty tokens. Few hours before I got the tokens the price dropped to below 200% and it has gotten worse since then.

Very sad, but that's how it is. Prices are greatly influenced by market interest and that is what determines. If there is no good marketing strategy, less attractive tokens, no backup, then the price is difficult to develop so that it becomes worthless. There is not much we can do. if you believe the price can bounce with the support of a strong project then be patient, if not then sell immediately before losing its value.

flemmings02

jr. member

Activity: 182

Merit: 2

Recently I received some bounty tokens too, the project more than needed funds to meet the softcap and the token was doing okay on the exchange before the distribution of bounty tokens. Few hours before I got the tokens the price dropped to below 200% and it has gotten worse since then.

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: 103deltafox on September 19, 2019, 03:32:05 PM

Generally, the prices of altcoins are down, this is also as a result of bitcoin dominance which has also affected the prices of most tokens or coins despite meeting softcap , the team of such projects should keep being active.

The market is in the uptrend mode now and the chance of living in the altcoin season increases every single day. The affected altcoins will be on the top prices for a week and we will see a new correction due to the general market statement. These projects should keep their bounties minimum and the marketing budget must be fairly distributed among the bounty hunters if the market goes back in the bear session. Aside from the bounty dumpers, the advisors of the projects can be the hidden reason why every pump trade impulse is defended by the dump orders by sudden direct market orders. This is just my own judgment and knowing the exact reason is near the impracticable over the continued duration.

103deltafox

full member

Activity: 491

Merit: 100

Generally, the prices of altcoins are down, this is also as a result of bitcoin dominance which has also affected the prices of most tokens or coins despite meeting softcap , the team of such projects should keep being active.

Mianae

member

Activity: 798

Merit: 14

To be honest you could see more worst scenarios than just. 90% decline you can see upto 99.9% decline. What I do in this case is forget the tokens in my wallet ensuring the wallet itself is secure someday it will rise up given there's project development on the way for such tokens.

bitcoinst

hero member

Activity: 1708

Merit: 651

SmartFi - EARN, LEND & TRADE

In my opinion, the reason is not only in the projects themselves. The whole market fell by 90% of its peak price, this applies to all altcoins, even the strongest.
What then to talk about projects that are significantly weaker. It is strange that they sometimes do not fall by more than 90%, it seems to me that they should go to very bottom.

Winscosinally

member

Activity: 490

Merit: 16

Top altcoins will never lose 90% of their value unless bitcoin fall is marginal like never seen before thats why its better to invest in top altcoins, i know new projects always bring biggest profit but they are too risky, its another story if you promoted a project and it loses 90% of value because you don't invest money but time

Onuohakk

member

Activity: 672

Merit: 29

Since you promoted the project through bounty campaign, and you didn't invested in it. I do think it would be more preferable for you to sell the token when you see a little price movement in it cos hodling it does make any sense

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: dongosquad on September 17, 2019, 09:27:08 PM

Indeed, nothing is certain in cryptocurrency, everything is full of things that are unpredictable, and unthinkable. Since mid-2018, there have been many tokens that have lost their selling power, the price has become less and less valuable, let alone tokens that have just been listed on the market. That is why tokens for reward bounties are often locked or delayed distribution. well, we all know that bounty hunters are often blamed for dumps. What else can we do? that's the risk.

As what you say, that will be the risk that we should get no matter if you are the participants, investor or even the project teams. The market will be like that, and no one will know what will happen with the token when it listed on the exchanges. Yes, we are sad to see the tokens that we have are getting dump or down more than 90%, but we cannot do anything, we could only let the market decide. And if the project was very good to compete with the other project, then the token will increase again. But of course, time will tell.

dongosquad

full member

Activity: 588

Merit: 101

Indeed, nothing is certain in cryptocurrency, everything is full of things that are unpredictable, and unthinkable. Since mid-2018, there have been many tokens that have lost their selling power, the price has become less and less valuable, let alone tokens that have just been listed on the market. That is why tokens for reward bounties are often locked or delayed distribution. well, we all know that bounty hunters are often blamed for dumps. What else can we do? that's the risk.

ghermghuda

jr. member

Activity: 284

Merit: 5

The issue is that many of the upcoming ICOs keep on repeating the mistakes of the predecessors and that's why we're where we are now. same talks, same brags, same cheat, same lack of project development etc etc. Buh I believe as times goes on, we'll be settling on the better ones to clinge to.

senin

full member

Activity: 938

Merit: 137

Quote from: coin-investor on August 29, 2019, 10:27:44 PM

I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.

And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?

You are completely correct in this reasoning. I have been participating in ICO signature campaigns for a long time and now absolutely all tokens received immediately after going to the exchange drop in price tens or hundreds of times. Some, indeed, if they have more or less some decent value, then there are no trades on the exchange with them. I’m already used to this state of the market and I’m sure that the growth of our tokens is still ahead. Therefore, I work and accumulate tokens, if, of course, they are paid.
Of course, Bitcoin is also directly related to this token situation. However, this is all temporary. While you need to be patient, now is not the time to trade our tokens.

gurunanakji777

full member

Activity: 2184

Merit: 100

SOL.BIOKRIPT.COM

Little bit disappointed even you are right bitcoin dominance is quite increased as compared to the altcoins and No doubt our most of the coins are now 90% down. I won't blame Btc for altcoin drop If the project has real potential then nobody can stop the project to get succeeded but nothing is guaranteed in this market. Be optimistic about good potential coins you hold because sooner or later they can rise back.

plr

member

Activity: 1162

Merit: 24

Quote from: coin-investor on August 29, 2019, 10:27:44 PM

I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.

And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?

Even if the coin is down, that does not mean that the coin is headed to become a shitcoin, developers should continue updating their project, they should always make themselves visible, to at least assure their investors that they are still here, and working on their platform.

SolarWindMiningCompany

hero member

Activity: 966

Merit: 502

By now, one just have to used such situation because it has lingered for over a year since 2018. You are only rich on spreadsheets indeed but once the bounty campaign ends, the team either doesn't list in a good exchange of finds way to delay distribution to ensure that these tokens are down by huge percentage before distribution. More reason I scarcely participate in bounty campaigns anymore

sodiik

member

Activity: 553

Merit: 11

Quote from: coin-investor on August 29, 2019, 10:27:44 PM

I just received some of the tokens I've promoted in the bounty campaign, some of these coins reach their soft cap or able to generate funds in their ICO stages but I was disappointed seeing all these coins down 90% or no buy order at all when it hit the market.

And to think some of them included in their promotion that they will not let the price go down in their ICO price, do you think it's still worth investing in ICO if there is no uncertainty that you will a make a profit, or is it because Bitcoin dominance left no room for new coins to grow in the market?

The bad times start in 2018 and it's a lot of declines, then many native ICOS can go up, but many are declining, even up to 90%.
I am with an event that you are naturally not surprised because I myself also experienced it.
Some of my ICO coins are now down very far, but I also don't want to be giddy about it.
I will continue to hold out in a long time and hope that sometime can be re-grown.

NoirSuccubus

full member

Activity: 353

Merit: 108

It depends on the project itself, its members and their involvement, the creator and other factors. If the team is active and still wants their project to grow, they will do it by all means but if they don’t then there is no stopping the downfall of that coin.

letyouearn

legendary

Activity: 1722

Merit: 1014

Bounty gives no profit on the current market because all the altcoins are still dumped to hell. Investing in ICO now is useless now also. We should see some strong and steady growth of BTC and then maybe some altcoins will follow.

zabir.brutov

jr. member

Activity: 280

Merit: 2

I leave them in my wallet for better times, because in my opinion it makes absolutely no sense to sell your hard earned tokens for 0,1x from the ICO price. If the project is legit and planning to launch their product, I would wait and maybe get lucky.

Topic: What do you think of tokens you promoted and invested down 90% - page 2. (Read 775 times)