Kucoin full of it

in #kucoin7 years ago

If anyone trades on Kucoin, then you probably won't want to much longer. Unless you like holding bags, I'd advise you to stay away from this and any other token or coin that isn't BTC, LTC, or ETH.

Screen Shot 2017-11-28 at 11.13.44 PM.pngScreen Shot 2017-11-28 at 11.01.15 PM.png

These pictures are out of order, but if you look at the second picture you will see massive sell orders being placed. over 100 thousand dollars worth of coins supposedly being sold.

I took the first screenshot 13 minutes after the second one posted here. These orders were not filled. The price, however, did continue its downward spiral to hell.

If you enjoy buying tokens/coins during the dip, then this would be a good time to buy, but with the blatant manipulation being shown here, I don't think it would be wise to partake on such a venture.

I do NOT like selling at a loss. but I am over 70% down on this coin at the moment because I am a dumbass.

So, if you want to secure you wealth, learn from my mistakes. This is not financial advice. This is just me wallowing in my sorrow as bitcoin continues to drive forward.

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Seeing that you are already at that large of a loss, wouldn't it make sense to get out while you still can? Apparently Kucoin's exchange is seen as a scam. You might want to get out as much as you can now, as their reputation as an exchange now is gone. You should try out Bittrex or Yobit, both are rather reputable if you aren't on them.

Sorry to hear about your loss, but it's good you are posting this so we all know about the shady dealings in Kucoin.