Ninjastic
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Topic
Board Altcoin Discussion
Re: Moncaco (MCO) - has been grabbing big attention recently!
by
HotCryptoNews
on 28/08/2017, 07:36:22 UTC
Quote from: leea-1334 on August 28, 2017, 07:33:24 AM
Quote from: Qiuyue201 on August 28, 2017, 07:29:18 AM
Quote from: HotCryptoNews on August 28, 2017, 07:13:23 AM
Monaco has been under the attention of big time traders and investors recently after news of a card system, an app and VISA APPROVAL! Anyone have any advice regarding how to approach trading , best times to buy and sell etc..  ? Smiley
VISA approval should be the main concern, i think that if this is the best time to sell your coin if you are holding some mco token. The traders will always be buying in the rumour and sell for the news. That just like a rule when you wanna take the profit through doing a trade. That was being a mandatory for every traders.

But how do you know rumour from news? Monaco has a 31 August dateline for the launch of this card. Is this considered rumour? If so, then people who bought at ICO did not get a good price move judging from the history on coinmarket. Do you mean buy on good rumour and sell on bad news?

I'm currently on the official slack channel for MCO, the app launch is definitely happening on the 31st of August, they're still waiting for news on the VISA approval, that's why the price is spiking so much today