To be fair some alts never touched their all time highs again because they went up way too much with hype. Projects like REQ haven’t gone up, but are diffenitely exploding in use. If you only looked at price you would think it had gone nowhere.
Ahh yes the 2017 altcoin run up - what a time to be alive. I lost some good money on NEO, REQ, BLT, EOS, BAT & IOTA. It's funny to see how poorly these have performed 5 years later! Very much a cautionary tale that good marketing and flowery white papers isn't always enough for an alt to survive. Fortunately I made the call to drop them as losers, but kept focus on what I thought would be winners (ETH & VET) which made me a ton of money over time. If I had kept funneling money into the losers, I wouldn't have made a dime even with other gains.
REQ One of the dozens of actual products in cryptocurrency. Huge crypto clients and exponential transaction growth to prove it. It has been dramatically ignored by everyone, but eventually people are going to realize how few products in cryptocurrency are legitimate and pile into it.
My Ethereum dapp moonshot plays failed miserably from 2017 - SONM, INS, QSP, REQ, DENT, SUB, AION....whats funny is that for 3 weeks I couldve sold all my plays at their alltime highs but never did due to greed. Shouldve kept my bags of $500-600 ETH instead. I also bought other shitcoins like NXS, NAV, CLOAK. I had 5 more projects that survived till this cycle and I didn't even sell them near top. Again greed. Instead of 400% from 2017, I cashed out to barely 200% a month ago.
The price of the coins have nothing to do with their tech. around 2017-2018 there was a shift to purely how well marketed the coin is. Tell me why Doge went from .05 to where it’s at now with no tech advances? Other coins just came back to life for no other reason like ENJ and REQ. look at their charts. Hype and fomo has been the name of the game for the last years
IIRC nothing, but if the price crashes past a certain point you will get liquidated - and then have no bitcoin. Its happened in the past to people. REQ staked a bunch of their ETH IIRC and when it crashed to $200 from $1600 they lost a bunch of it.
Remember when REQ was pumping late last year? I had a bag last bullrun and me and a few other former hodlers were calling out the scam pump. Dumped from $1.15 - 19c so far. Absolute shitcoin, can't believe whales managed to manipulate a whole new generation of bagholders.
Well, let's see, I've picked a completely random date from 2018 from archive.org. https://web.archive.org/web/20180722192946/https://www.reddit.com/r/CryptoCurrency/ Oh god, it's new reddit, my eyes. Looks like they're talking about Bitcoin adoption, there's still some politics talk there, lots of talk about ETFs. There's a thread about REQ! Lot more Bitcoin specific stuff than I remember.
I hodl'd REQ from .27 up up over a dollar, doubled down at around .012.... sold at around .27 for 100% profit and it almost quadrupled a week later. Every decision you make is capable of being good and bad, and you'll never know until it has happened. Lol
REQ is going up again. Not sure why. I'm hoping it goes higher than earlier today I think topped out around 28.5 cents. I did t sell and thought well I fucked up but maybe be it'll pump again like crypto does and go even higher. Looks like it's about to happen Amy minute
Get coinbase one and diversify according to favorite projects that you constantly have an eye on (ALGO, DOT, MATIc for me) and then buy the dip on those recently added to CB exchange. It’s been a straight money maker. Wait for 10-20% pump (or more by accident) then convert to fiat. Wait for next batch and repeat. I’ve done this with COVAL, POLY, REQ, and most recently SHPING. Always a bounce. And then I put the profits 50/50 in Apple/Tesla (my buffet style investment vehicles) and off-exchange, early-stage projects (RBIF right now). Hate my job, hope this keeps working out.
> There, I said it. It gets tiresome to read every single day the opinions of people who stuck by the worst bear markets claiming without a single doubt that things will get back on track or that holding is 100% the right choice. Been on this ride long enough to not be affected by crashes. Frankly what you all do with your money is your choice. If you want to hold then hold, if you want to sell then sell. Thing is, people like me and others who have been through multiple bear markets, have bought in so low that even if the market crashes for more than 70%, we're still more or less likely going to be up 20%. I guess what I am trying to say is, it's easy for those who have already been in multiple bear markets to say "Just hold, it'll get better I promise." Well, it's 50% true - the other 50%? it's a zombie coin sitting in a wallet waiting for it to reach remotely close to it's previous ath (which is rare. The only zombie coin I managed to sell at a small loss is REQ when it revived [then died again] sometimes last year). Moral of the story? Yes, it's good to DCA, or better yet, throw in a lump sum during a bear market. Yes it's good to hold but also learning how to sell correctly. When the bull market is back, people should learn to take profits on the way up. Sell 5% when your coin/token is up 20%, sell another 10% when it's up 50% - Just don't sell all of it. This way, when then market crashes again, you won't be like the others that say "Already used up all my fiat, can't buy this dip"
Man i was soo green had no idea of a bare market had 1 months of pure up then when shit start sliding i didnt know wbat was what so was just trading for coins that had upcoming announcements and the pain got worse and worse. This was my first introduction to a bear market. Some of the trades were REQ, LISK, ICX
Here is the thing; they were not speculative coins. They were deemed legitimate by this sub. IOTA, ICX, NANO, OMG, REQ, XRP etc. They had all of the bells and whistles of a solid project that would survive the winter. Therefore, people had no problem DCAing into those coins. They got burned. I see people making the same mistake with their precious new altcoins. Thinking that their coin is "different". It isn't and they will find out the hard way
ALGO. I don't doubt any of the hype. I don't doubt the project. I just know I'm not going to buy any. The shilling in this sub gives me 2017 alt craze vibes and I know how bad I got rekt back then by shit like Waltonchain, Tron, REQ, iota, and potcoin
I bought a good amount of antshares very early. What later became NEO I don’t even want to know how much. Same with XRP. Got ETH at around 20$. I was in the ICO of REQ for a good amount but couldn’t hold until $1. All of the above and more would have been millions had a held onto them. I did take good profit just before crash in 2017 but it could have been so much more.