SOME FAGGOT PRETEND WHALE CAME HERE AND SHILLED THIS PIECE OF

You actually baghold this coin?

Have you noticed the price cratering the past few days?

It is the derivative of a derivative of a shitcoin, literally the nickelback of coins.

dev should be happy though

>>2366410
I never, ever sell but today I fucking sold ZEN. This shit is dead. It isn't "accumulating" and whales aren't buying it up planning to raise it up. It's just fucking dead. It's most likely going to 0.

>>2366410
just hodl dude lmao

newcoiners everywhere

this is what happens to EVERY COIN after it's launched on the exchanges - everyone who bought during the crowd sale is selling to take profits. it happened with ETH, it happened with LSK, it happens with all of them.

In the stock market there are actually laws to prevent this, stocks that have been underwritten are forbidden to be sold for a certain amount of time after the IPO. No such law exists for crypto, so you have a slow bleed until everyone starts buying again.

You can sell now and take the loss and buy back in later, or just hold and see profit in a few months to a year.

i bought this day 1 and immediately put in a -5% stop loss. I feel bad for the bagholders.

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>>2366560

Yeah. This is one where you should probably cut your losses. The ex-lead developer seems intent on destroying it.

inb4 he gets Putin'd for wrecking up darkmarket bother boys profits.

>>2366410
murk loar

>>2366410
ZEN hardforked into ZClassic and Zencash 1:1. So each ZEN holder got 1 ZCL and 1 ZEN. They pre-pumped eveything into ZEN, shilled /biz/ when it hit Bittrex (organized on discord) They dumped their ZEN and used that to pump ZCL. You just had to look at the buy walls of 70btc shifting slowly downward to prop it up so they could cash out higher. Sorry you held

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>tfw saw zen mooning and bought some, but sold to buy something else because it was mooning faster.
>even got a little profit.

Don't invest in coins that had ICOs, their values are substantially inflated no matter how "promising" the tech is. The only thing they're good for is to invest during the ICO to sell out quickly when it hits an exchange.

This is what happens when you invest into shitcoins with no unique feature, marketing potential or competent dev team.

Investing in shit like mooncoin may give you profits, but it's basically gambling

>>2366410
Yes and the wallet is under maintenance so I can't sell
strong hands one might say

.25 buy wall and if it doesn't shoot back up to supports prior to the developer leaving then I'd bail