I bought 30 BTC when it was less than $1k. Pissed alot away trying to catch huge pumps in PIVX, NAV, STORJ, and various other shit coins, finally settled on QASH as my moonshot coin, went all in, lost it all. Bought back in during the 2018 bear market, and just HODLing since.
QASH. I fully bought into Mike Kayamori's bullshit, so much so that I ended up working for Quoine for two years. Over time, I watched it all unravel, and gradually came to realise that pretty much every senior staff member had no idea what they were doing, and that the whitepaper was vapourware. They cut corners everywhere, and eventually got hacked and had no money left, so sold up to FTX.
QASH aka Liquid. Totally stopped communication about development. They eventually sold Liquid to FTX and now there won't even be a token swap from QASH(ERC shit token) to what they were supposedly building(New chain with mainnet token).
I did this with QASH in the last bull run. Legit exchange, Japanese financial services compliant, investors including some of the wealthiest japense people. Big plans with it as a utility token... Turns out it was just a dogshit coin that LIQUID exchange used to treat as an injection of capital and have done the bare minimum to ensure they don't get sued out their eyeballs. So even things that seem legit and decent can often be steaming turds
Well it's what the guy I replied to said. CRO at $5 is about $130-140bn marketcap. If nothing else moved, that would put it as the third largest coin right now. Binance has been a huge exchange with their own token for ages and even they haven't reached that, despite multiple 10x's in BNB's lifetime. For CRO to get to £5, let alone $10, would require a huge upward movement in the market from all coins. It _could_ happen, I'm not going to rule it out completely given ETH and BTC's marketcaps now great exceed that and surprised me in doing so. But these are the two biggest coins going, that have been around for ages and have their unique selling points that give them value. Does CRO have that same potential? _Maybe_ given what BNB has done. But people throw around these prices to casually to, I think, sucker people in. For every SOL or SHIB, there are tonnes of coins that people have said the same about which plummeted. Have you heard of DNT, PRL, MOD, QASH, ONT, etc, etc? Probably not, because they're all significantly down or don't exist anymore. They were gonna be big in 2017 and 2018 though!
QASH, went all in end of 2017 hoping they will be able to create WorldBook. But they missed deadline after deadline and I finally pulled the plug on December 13, 2018 and swapped all my QASH for LINK, since both were 20 cents that day. That was the best move of my life :-).
I sold my 350 ETH to invest it all in QASH. QASH did pump in early 2018 and I had over $250,000 at one point, but I didn't sell, then in the 2018 bear market, QASH bottomed out at about $0.10 a coin. I finally had to sell at that price due to a family emergency. So yes, I went from having $250,000, to finally cashing out at $10,000. Meanwhile, if I'd just held onto my ETH, it would be worth about $1.4 million today. I thought I was getting in on the ground floor of the "next big thing", but instead, the head QASH dev Mike Kayamori simply disappeared.
RVP, Rubic, and I'm considering getting some UNN. I've still got bags with big losses from end of 2017 too: * REQ - actually making a comeback * QASH - dead * SiaCoin - maybe one day? * Verge - eh, doubt I'll recover oh this * Vertcoin - same, zero expectations * ARK - no clue * Xtrabytes - got hacked, I don't think I can get anything for it * Syncochain - you've never even heard of this have you? Rugpull :( If any of these randomly moon I'll be happy, but I'm not expecting ANYTHING from them
I suspect it was a inside job. Do some research on their exchange token QASH and how they scammed their investors, how they closed all the communities one by one to prevent backlash (check their now closed subreddits), allegations from former employees regarding shady business practices to make a profit etc etc.
I wrote this elsewhere, but it bears repeating: This is the exchange created by the creators of QASH, who exit scammed all who invested in their project (myself included). Anyone who was still using those scammers' exchange were just asking for it. Actually, I wouldn't be at all surprised to find this was an inside job and they just straight up stole all the ETH still on their exchange. Mike Kiyamori probably had some more beach properties he wanted to buy.
This is the exchange set up by the creators of QASH, who exit scammed all who invested in their project (myself included). Anyone who was still using those scammers' exchange were just asking for it. Actually, I wouldn't be at all surprised to find this was an inside job and they just straight up stole all the ETH still on their exchange.
XtraBytes (XBY) - king of "patent soon". Oyster Pearl (PRL) - main founder rug pulled, rest of the team forked and rebranded to Opacity (OPCT) and it is still alive. IOT chain (ITC) - team vanished, probably in prison... Qash (QASH) - main founders vanished... dead token. Modum (MOD) - unfulfilled promises, rug pull? Bounty0x (BNTY) - is this still alive? Deep brain chain (DBC) - dead. Honorable mentions: these are still alive Icon (ICX) district0x (DNT) Request Network (REQ)
Don't feel bad. I started buying in 2016 and eventually I had a portfolio of 15 BTC and 330 ETH at one point. If I'd just left it alone, I'd be well over a million today. Instead, I chased some bad investments looking for the next 100x gainer (fuck you, QASH), and then was forced to sell most of my portfolio in the fall/winter of 2018 when Bitcoin was worth about $3k due to a family emergency. I now have a portfolio worth about .5 BTC, which is about roughly what I initially invested 5 years ago. So basically, I got absolutely nothing out of the 2017 bullrun or the most recent bullrun, even though I've been in crypto longer than the majority of the people in this sub.
Are you sure on that 120% number? What did you invest in? That number just sounds like you did the math wrong unless you literally invested into a bunch of projects that died over the past 2 years like QASH and WaltonChain. Either way everyone thinks they're a genius in hindsight and in a crazy bull market. For everyone like your gf, there's people that did jump in on DOGE, but jumped in at $.35 hyped up for some $10 boom. In 2018 you had people acting like they were hot shit for jumping on TRON and making crazy gains overnight. That said, in a market like this if you have the money to risk, having a "gambling pot" to play with on riskier bets like DOGE doesn't hurt.
Since you're a US citizen and have withdrawn I assume you're KYC verified. Could you let me know if you're able to trade QASH? The login says US citizens are only allowed to trade mainnet currencies and not tokens. QASH is an ERC20 token so I'd assume forbidden, but I don't know why as many US exchanges allow ERC20 trading.
There's actually a lot of coins I like and am interested in that I don't hold. I really like ADA, and use to hold around 7k of them. I sold half back at its previous peak in 2018 when it hit 75 cents, and traded out the remaining amount mid 2020 to btc and ETH. Wish I would have kept that one when I was consolidating my portfolio. Also really like Nano. Bought that at around 2 bucks each back when it was RaiBlocks. Should have kept that stack as well. When I say utter shit, I'm referring to coins like Verge, QASH, Oyster Pearl, bitconnect, COSS, and several others that have gone either to zero, very close to zero, or where compete scams.