Just sold all my paycoin GAW is really sketchy and its too risky to hold any longer
however i did make a good $1.4k profit, thanks GAW!
however i did make a good $1.4k profit, thanks GAW!
GAW is great if you like trading and know when to go in and out, just like with any other altcoin. Some people are still holding LTC even though it is tanking like crazy.
The difference between GAW and Bitcoin for example is that there's no company or face behind the latter. Those who sold at a loss can't threat Satoshi with a lawsuit
couldn't be more right.
I've been profiting on XPY since the news came out
Considering many thousands of XPY purchased for pennies -or as low as 0.065 at bittrex- have flooded the sell side with people dumping for massive profits, I consider the price above 0.120 to be holding remarkably well and setting quite a significant rebound in hours/days to come.
It is also, considering the crappy behavior of the rest of the market, the only game in town currently. I'm in.
It is also, considering the crappy behavior of the rest of the market, the only game in town currently. I'm in.
The recent cheap XPY flooding the market combined and SEC news will drop the market a fair bit IMO. The most likely scenario is that GAW gets investigated and charges laid against them which would halt any development work they intend to do, maybe see hashtalk get shut down. If GAW goes to court then where is the money going to come from to pay for lawyers? Will new XPY be dumped on the market in order to pay for the proceedings?
Looking at the chart over the last week, you can see where the cheap XPY hit the market and it broke all the walls down to 0.005 BTC
Trading is much different than investing though, you only need volatility and the ability to pick good tops and bottoms in order to make money.