Lost 34% On NEO Trade.steemCreated with Sketch.

in cryptocurrency •  7 years ago 

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Never buy into hype guys. Then when china announced that chinese people cannot make ICO's that just made me believe that it will be a long time before this coin hits 45$ a coin again.

NEVER BUY INTO HYPE, EVER! Unless its ripple enabled payments being launched with banks ;)

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The best way to make money is to buy into the new coins when they are just released.

Looks for good coins based on good products.. and look for coins that will give investors dividends or payouts for holding the coins and securing the network.

Social media coins like nexus should do well.. and services like Monaco and Tenxpay, tokencard etc.

They are good BUSINESSES to invest in.

Although NEO could certainly end up at the same price ether is.. so don't worry just hold for a year or two.

I hear NEO will be giving coin holders a % of profit.

I am still optimistic that we will be breaching 45$ in a short time. I think you made a mistake of selling, unless you intend to buy back in cheaper. But time will tell.. I agree though, don't buy in the hype.
But also.. don't sell during the fud. Good luck!

cheers!

Sorry to see you suffered loss but its part of trading, you will bounce back don't worry!

There is always a personal excuse to buy into hype. No worries. Shit happens

We all know that feeling. :/

What do you think looks promising right now?

nothing really at the moment, watching the monaco coin to see a candle that signals a reversal.

I am watching OMG and Monero for a point of entry.

Bummer about NEO there are a lot of unexpected forces in the crypto market such as governments and law enforcement that can reek havoc. I guess it was a good lesson to learn.

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Not sure about your prediction about not reaching $45 anytime soon. The question is - what will you do when it hits $45?

ha, nothing