Post
Topic
Board Altcoin Discussion
Re: Careful out there...
by
paxmao
on 22/01/2018, 10:10:32 UTC
I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap.

But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens he´s set is 2 BILLION  Grin Grin

Frankly, nowadays you have to read carefully even when looking for bounty out there  Roll Eyes


Some trader invests on a coin with promising tech background and future projects.
If they see that they can profit on that coin they will get it make make profit of it.

Can't you see the problem here? It is impossible to make a profit, any profit, unless the token goes at leas x1000 if not more.