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BitMart

Matic down and out

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There was too many promises and announcements about this and too many peoples invested heavily some invested their all life savings now they are crying few are thinking to commit suicide because this was a shit coin and most of investors lost all just few are now rich its matter of shame just because of these scam devs we are losing bright side of this technology.

 

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Thanks for this informations and for this update, I took a quick look for matic network coin in the market and I think there will be no promising future for this coin in the future 

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I'm not very interested in matic coin, but I think that investors should learn to be more careful about investing in coins. Can you provide the matic project site?

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16 hours ago, BitMart said:

There was too many promises and announcements about this and too many peoples invested heavily some invested their all life savings now they are crying few are thinking to commit suicide because this was a shit coin and most of investors lost all just few are now rich its matter of shame just because of these scam devs we are losing bright side of this technology.

The dump of matic is due to organized pump and dump whales because of them they able to pump matic in a short time and also to exit their profit they dump all their bought Matic in the market.


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There are many traders at this stage of your word, they invest their coins in token or tokens by investing their capital altogether and if something like this happens, they will become absolutely worthless. Either invest in popular coins.

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yes I was also surprised why $matic can dump-hard to around -70%. and I feel sorry for the investors or traders who hold the coin

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Thank you for your topic showing us more information updated about matic network coin, but the question is will be promising for a long term future this coin? I dont think that.


 

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It is stupid to invest all that you have in one currency and this is evidence that the person who does this is a beginner and does not know the saying that do not put all the eggs in one basket
This is what happened with MATIC coin where a big PUMP happened and made a lot to lose


THINK POSITIVE

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Many coins like Matic Coin come into this situation, the main reason for being in such position is to launch the coins in the market without fixing the target, so it is good to invest in these coins by looking at the roadmap and white paper.  Still, there are risks, so I think it's best to invest a small amount.

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Yes we saw the recent matic dump , it was worst but matic team clarified that that dump was not from team it was from whales and manipulaters so I think matic is good project.

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Watch matic wallets, check if big fish accumulate coins or buy.
How many coins are currently on one large wallet belonging to 1 person.
It will tell you if the pump is being prepared.

Matic did a 3x pump, that's a lot. I wouldn't risk getting into it.

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On 12/11/2019 at 4:38 AM, BitMart said:

There was too many promises and announcements about this and too many peoples invested heavily some invested their all life savings now they are crying few are thinking to commit suicide because this was a shit coin and most of investors lost all just few are now rich its matter of shame just because of these scam devs we are losing bright side of this technology.

 

This is not good but the peoples how they invest all their money will invest in just a single project because now one know that which coin is scam and which coin is good so i just tell you that buy the different coins and safe them when market will make a bull then sell it.


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4 hours ago, Lifeman said:

Something cause the sudden fall of the price. They said the developers are behind it and some said it is a news that cause it

It must be from the dev, even if it is a news the news will have to come through the devs

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On 12/11/2019 at 2:38 AM, BitMart said:

There was too many promises and announcements about this and too many peoples invested heavily some invested their all life savings now they are crying few are thinking to commit suicide because this was a shit coin and most of investors lost all just few are now rich its matter of shame just because of these scam devs we are losing bright side of this technology.

 

even tho i have friends who made money of matic and sold before the collapse of the coin i never believed in their announcement because i have a rule that says if its too good to be true then its fake and will dump on you.

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I'm sorry to hear that, I think investors are also wrong why they dare to give up all their money in a project without thinking about anything else.

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On 12/13/2019 at 5:27 PM, Ajlovez7 said:

Yes we saw the recent matic dump , it was worst but matic team clarified that that dump was not from team it was from whales and manipulaters so I think matic is good project.

if this shows anything it shows that rumors can really affect the market badly and this is why everyone should keep fighting fud to keep crypto secure.

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The graph shows bad to me, it is really hurt to see if you are investor in MATIC.. and It is bad idea if they invest their life savings, they really became poor. 


 

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The (MATIC) currency collapsed and collapsed by more than 70 percent, equivalent to a decrease of $ 56 million in market value, and almost all of the gains achieved were lost from a 190 percent increase in the past months. Given this emergency situation and the devaluation of this currency, the “MATIC” currency management and team immediately responded to the community’s concerns by announcing the answers to most user questions.

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I know that Matic had pumped some time ago, but I was not interested in buying a token or even a coin that was pumping, and in the end what I predicted did happen and Matic had experienced dumping, but almost all coin tokens have been like that,  so hodler don't need to worry

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They seem to only create matic tokens to fool investors. After many investors buy matic tokens, they (developers) sell matic tokens on a large scale, so that what is seen in the graph is the decline in matic prices from time to time. The developers are only looking for profit.

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On 12/11/2019 at 12:38 AM, BitMart said:

There was too many promises and announcements about this and too many peoples invested heavily some invested their all life savings now they are crying few are thinking to commit suicide because this was a shit coin and most of investors lost all just few are now rich its matter of shame just because of these scam devs we are losing bright side of this technology.

 

Omg this is really bad to hear and it so painful when you are losing your hard earn money base on the fact that you thought that you are going to make some money by investing in some Crypto currency. Its well that is why there is always a statement that say invest the money you can afford to lose.

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Total pump and dump coin. They listed on Binance and dumped their coins on investors. Another example why we should be avoiding 99% of the altcoins. As long as suckers investors keep buying these useless coins we will be seeing exactly these situations. Shame to binance as well as they are co-operating with all these schemes.

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