Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GRS] Groestlcoin | Segwit activated | Adding Segwit to all our platforms
by
Kolozza
on 04/12/2017, 18:56:58 UTC
Hello to all GRS community members.

I've joined GRS with a small investment very recently when we had 0,6$ on price. I'm happy to see it growing now and have no intention of pump&dumping my investment.

I come from stock and forex background, and even though there are similarities, this looks like a very different "game".

Mostly prefer alt coins, but only developed ones. I stay away from ICO's due to high volatility (Basically, something that is AT LEAST on Cryptopia). I like regular growth, and higher highs.

When looking to select a new coin to buy, I look at the graph (I'm a price action guy, and trend-signal hunter) but I also like looking into the developers, typical criteria like many, I look into the devs, the roadmap, community & exposure, the technology behind it, and why not, I even check the quality of the website. Underdogs are my favorite type, (who doesnt) but those are hard to find. A diamond in the dirt, something undervalued.

Now GroestlCoin (name that I actually like) ticked many boxes for me so I jumped straight in, and Id like to grow with it. I started mining too, even tho I have no decent rig (just my NVIDIA card that is somewhat ok, gets me 22-24MHs) but Im 100% sure Id like to look into mining more even though im more into investing.

NOW about GRS:

- These days we've seen some growths, probably first it was dragged by BitCoin rally, like all other coins and after that we broke the All time high in the $graph, we still have a resistante in the BTC/GRS graph so that might move it a bit. I must confess that I've been off the screen these days and only checking price, but If Im not mistaken, Groestl quick mobile pay might have brought the attention for the price rise break out.

Now correct me if I'm wrong, but the main reason I say that this is not like FOREX for me, and probably more like regular STOCKS, is that hype is a great factor. The corrections we suffer here are very small (usually on Forex I wouldve dumped the pair and exited at some point before correction) But here, once we break the AllTimeHigh, attention is on us, once we get on the coinmarketcap weekly top gainers, hype is on, and people start to jump in. Maybe thats why people talk about "moon moon" so much, a term I hate btw. But the effect is in someway true.

So yes, Im happy for the growth, and I intend on keeping my GRS for a long time while investing separately in some other coins. I like the community and I hope that this thread will be interesting and informative. I got kicked from the Telegram group of GRS (still on the news Channel), not sure if I broke some rule or I was just being too openly aggresive. But honestly I'm not sad, because people on their mobile phones, dont seem to give enough thought to what they say, and basically it was all about people hyping eachother up just saying "moon moon" , "10$,20$,40$,100$ in 2018" but not giving any useful or enlightening information/data or not even giving the slightest elaboration on their VERY optimistic views, so yeah I jumped on their necks with a "WHY?". I still believe being hostile was bad, so sorry for that DEVS. But Forums are way better, I believe. And I'd like to be a good positive member of this one.(Hopefully)

Anyway, sorry for the long post, I just wanted to introduce myself to the community! HELLO ALL!

Nick