I am currently looking to invest in an altcoin, a friend of mine refer me POStoken and upon checking it's currently on dump I bet its a good time to buy but Im quite holding back and thinking would there be chance for POS to pump again?
Note: Im planning for a short term investment 2-5months timeframe.
Note: Im planning for a short term investment 2-5months timeframe.
I'd not buy it. It doesn't look like a good investment at all. If you look at this graph:
Does that look like a dump to you? It doesn't to me. It looks more like a pump, rather than a dump..
POStoken doesn't offer that many awesome features anyways... I'd just stay away from it if I were you, as it's too big of a risk for too little of a likely reward.
Late november, it was low. Now it's high. You're too late.