Re: [ANN][PIVX] - PRIVATE INSTANT VERIFIED TRANSACTION - POS 2.0

I am now searching for POS coins and this looks intresting.
With 52 million coins in circulation it should dump couple more times before it will cross 1 $. Am I thinking right or not?

In the finance world, that's referred to as the Gambler's/Monte Carlo Fallacy. It's nearly impossible to tell in rational/far more efficient markets... in the crypto world, trying to game dips and time markets is additionally foolish.

http://www.investopedia.com/terms/g/gamblersfallacy.asp

this and i also don't understand the logic of Super Trade's post. at least this logic is illogical to me Grin

(no offense @ Super Trade)

btw: from 52mio over 21 mio are locked for masternodes atm

btw2. i guess 2104 mn's is a new ath?!

have nice weekend all Cool

Thanks,

My logic is that I try to understand the next lowest trade price to come. As people tend to trade for profit gains, price never stay frozen long time periods. That is natural capital movement in market.

I am new to alternatives of bitcoin and this masternode stuff looks quite complicated Cheesy

but cool

the altcoin markets can be really strange

i second EleanorZ and i guess you can be happy if you can buy in @ around 70 cents. but yeah make your own opinion, you never know ....

just some things you maybe want to consider:
don't speculate on fast money. think about market cap. check the roadmaps, things to come and stuff and set your goal a project can reach in your opinion for market cap.

example:
one of the pivx key function the ZEROCOIN PROTOCOL is not even released.
if you think pivx will reach ~2-5$ with ZP released it dosen't matter that much if you buy at 60 cents, 70, 80 Cents or whatever .... if you think pivx will not reach more than 1$ with ZP you maybe don't want to invest at all.

the above is only a example and no advice in any way!

investing for short term and some quick money is very risky for almost all altcoin, and in the end you maybe only loose money.

however thats the way i make decisions about investments. i don't think about short term dumps and stuff to much. it worked out not to bad so far Cool

have a great day all

Great and honest advice!