Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
CherryCoins
on 02/07/2016, 18:11:49 UTC
Hey guys.. Im new to NEM, thinking about buying some, a big amount about 5-15 btc not decided how much yet.

im doing my research now, can the knowledgeable NEM users that are here for tech not the price let me know why NEM is a good altcoin compared to the 500 other altcoins out there.

i guess the community here know why the coin has been pumping,
like any pump just before halving im a bit suspicious!!

was there some genuine news that meant the coin would be effected directly which would mean demand for the coin would be up or is it just some pump group for halving trying to get more BTC.

would really appreciate the experience NEM users letting me know what they think ?

thank you   Huh Grin

My advice to you would be not to ask about it here, in this thread. It would be pretty much like asking the religious fanatics about existance of the god. Pretty much everyone here would always tell you that its "still cheap", no matter what the current price is, that if you dont buy ASAP you will miss the train, that its going to be 1XEM=1$ soon etc.

Apply your own logic and reasoning. And remember - if it looks to good to be true, its most likely is.

And no, i dont have desperate "buy orders" waiting to scoop "cheap XEM". This rise was a pretty obvious manipulation, and i really wish it would be possible to open a short position on XEM (and you should actually ask yourself why its not possible on polo).

Anyway, any TA analysis and common sense should tell you that at its current price its a pretty horrible buy, like buying LTC @25$ or dogecoin at 140sats, after the peak of their bubble. But peoples greed&hope usually ignores common sense, no matter how many times history repeats itself.


yeah LTC at 25$ was mad, made no sense buying the very top

you think the XEM bubble is over, was only a few days long