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Heartskull
Jun 26, 2020 11:36 AM

scamcoin Short

Zilliqa / BitcoinBinance

Description

I have a long relationship with this guy, after the halving I went in to my first altcoin - zilliqa - and made tons of profits.
But its a scamcoin, together with elrond - first of all their telegram community admins try to scam you, or if you say anything negative they will ban you -
they were smart, their marketing was top notch, and they just made it so that staking exactly released around the time their members started to dump their coins, so you have more incentive to hodl
if only I noticed i tiny bit earlier. no sane investor would hodl a coin after 5 long red bars down!
then after 10% down a day - for 5 days I lost more than I could bear. Their marketing was so good - just HODL, bro, just HODL, inc. fake youtubers getting paid to promote the coin.
however one thing is sure - technological side they are a good performer. sending zil is fast and cheap, the only thing I have to acknowledge. If I want to move coins between exchanges I go zilbtc route, saves me lots of time.

finsof.net/wp-content/uploads/2019/01/pnd3.jpg
Comments
filipbronola
Don't blame the morons on telegram for making this a scam coin. It's not a scam, but at the same time I totally agree with the whole Hodl and buy at the top bullshit that they promote. Wouldn't be surprised if we go back down to 1 cent or less, but at the moment we need to focus on the technicals
Heartskull
@filipbronola, zil is technically better than bitcoin, it has network sharding, very fast, cheap, big Asian companies have partnered with it and a big wallet (you can look Anquan capital for example) yet this coin has been dumped horrendously, and I hodled all the way down because I believed in them. I believe there will be some fake outs, then down and down. But, on the other hand many coins have peaked now and zilliqa cycle to shine may be soon.
filipbronola
@Heartskull, You have learned your lesson now right? so don't make the mistake of doing that again. Fundamentals don't matter because someone already knows the news about the fundamentals before the mainstream. ZIL is cool and all, but I'm not jumping on until we see a bounce at a proper support level.
Heartskull
@filipbronola, dont go in zil at all, there are many coins better than zil
filipbronola
@Heartskull, Sorry but it's hard for me to understand how you can be giving advise while you yourself were trading based off of beliefs and advise from telegram...
Cool_Aabid
so basically u are in loss and apparently it become scam coin..i wonder whats your reaction when it goes from 80 sats to 307 withing a month. if you are in loss that does't mean that coin is scam.. every coin dip and dip and dip(bitcoin).
CryptoAdam_
just sell the top. Im new to this so I didn't realize when I should be taking profits... don't worry, take your profits, Zil will be sure to make more moves after this retracement
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