Hi guys!
It happened that I have a large sum of money (about 50k$) which I am planning to invest into a promising cryptocurrency. I have time to wait, I just need its cost to grow at a good rate. I was thinking about investing into Emercoin, as I have studied them and found that its cost has grown substantially since its launch and there is a number of projects that they are working on, that would increase the price further.
Could you give me your opinion if it is worth it and am I at risk to lose my money?
Thanks!
In my opinion you should learn as much as is reasonable before investing in any crypto project. Crypto values are very volatile, so you should never invest more than you can afford to lose. Emercoin does have a team and community dedicated to the future of the project with original ideas , but it's no guarantee of success either. As Emercoin is an open source project, the best way to support any investment in Emercoin would be to add value to the project by contributing ideas, services, and direction, etc to support the community. This way you can have a direct influence over any investment you make.
Thank you for your insight! I think my purchase is large enough to contribute to the value of the project by raising it's price)