Post
Topic
Board Speculation (Altcoins)
Re: Exchange KuCoin and KuCoin shares
by
kahc
on 29/01/2018, 21:08:08 UTC
Thanks for the answer. Yes, I have a number of KCS; I wasnt aware that this results in tiny amounts of shares in other coins as well (besides the KCS dividends we are getting). Nice in a way, but the amounts are so tiny (0,000056466) that it is completely useless.
Because of that KSC feels like totally useless for small investor. You would have to gather those fractions for years on before you can sell anything.


Most altcoins will likely increase in price, and some may even moon like BTC did.
May be useless today, but in a few years when you have accumulated some amount of each altcoins, suddenly those fractions you hold today are worth more than your house in the future.
And also KCS will keep increasing in price as kucoin.com gains more volume.