The Chaincoin Hodlers - A fast way to loose all your money [Cryptocurrency Warning!]

It all started with Chaincoin and the power of the people...

A random group of people started with a big plan. They wanted to buy a huge amount of a certain coin and HODL it. ("Hold on for dear life") in order to pump the price up and profit from it. The Coin got selected, it it called Chaincoin (CHC).

Chaincoin got selected, as it is a Masternode-Coin. A masternode consists of 1000 coins. Masternodes work by paying people for sharing their ressources regarding certain tasks within the coins´ infrastructure. Owning 1000 coins would make you a Masternode-Owner, the best way to get rich - according to the movements´ leaders.

Chaincoin has the possibility to make a lot of people a lot of money, so said Max, the official frontman of the Chaincoin-Hodler-Movement. Within a short time, the movement got a huge amount of people, newcomers and traders to buy CHC. The price went up like crazy within a few hours and everybody was hyped by that. They talked about CHCs´ price being on top of BTC, facing 1000 Dollars soon. People bought more and more Chaincoin, nobody even thought about the coin they invested their money in.

Is it a good coin? Is it in active development?

Chaincoin was forked from Zetacoin, which is a fork of Bitcoin. That is mostly how new coins are created. Unlike other coins, which show active development after being forked, CHC does not really enjoy any development. Literally, CHC seems dead when watching the Github repository. The contributers of CHC are not really contributers of that coin- They got copied just like the rest of the code from the forked coin. Chaincoin is technically a dead coin. Still nobody wants to accept that and continues putting money in it.

What happened to Chaincoin?

Within a short time after the peak - Chaincoin started going back down. Still the movement did not want to admit that the coin is facing a huge drop soon. They still advertised to buy it, despite the fact that they must have realized that the coin does not have any chance to get back where it was.

Newcomers that bought in on CHC when it was at 5 Dollars, lost a huge percentage of their money within a few days. Still, Max stayed positive and motivated the crowd to keep their heads up and HODL. Staying positive would be the best way to drive CHCs´ price back up to incredible heights.

How is the situation right now?

Chaincoins´ chart looks really bad, to be honest. Max starts advertising to buy new coins every day - mostly coins that have a low price. Now the enemies of the classic "Pump and Dump" want to buy in on other coins and take a profit ("DUMP") in order to put it back into CHC. What sense does that make? Of course Max is the first to buy into those coins every time and the crowd follows him - he got the power now.... the power of the people and their money.

When watching the videos from Max you may realize that he talks about another coin now in every video. He does not really say "Buy that coin" but he knows that people will follow his opinion, just like they did with Chaincoin. A few days ago it was Lindacoin - which faced the No. 1 Volume on Cryptopia soon. After Linda reached its peak, he advertised for LDGOE, wich would be such a great currency to buy in. Today it is Crave - Crave went up like crazy after he talked about it and by watching now - it already lost ~ 30 % within a few minutes.

Have a look at the market and you see what I mean.

I do not want to blame anybody here - but the longer I have been watching the movements´ leaders, the more obvious everything gets. Everytime Max advertises for a new coin - he already bought in. That is a really fast way to make a lot of money - with the power of the people...

Fact is: Chaincoin and the other coins do not look healthy - be careful when trading and use your brain! If you lost your money, there is always somebody who makes profit. In fact the guys that have always been attacking people for any other opinion not 100 % positive on CHC were the Hodlers.

Only the best ;)

ReallySorry