Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth!
by
mig6r
on 30/03/2018, 06:18:02 UTC
I bought lots for 2 dollars.
 
buy more at half a dollar - bring your total investment to a dollar ...then when this code hard forks.....you will have two coins for every one that you bought @$2(&all that you purchase now @ 0.50c)........ dollar cost average @ a time that you can double up


It is never wise to buy so many coins at once, except if you firmly believe in the project and keep it for years .... so the decline of these 2-3 months should not influence you

It is never wise to buy more coins at a lower price to mediate the previous purchase! The currency can get to $ 3 within 3 months but it can also be that it reaches $ 0.10. Who tells you which direction will take the coin and the whole market?

If you really believe in the project keep your coins and do not sell ... only if you have other money that you do not need and you can lose then you can invest in other Xspec.

Investing in any crypto must be considered lost until you make a new transfer to your bank!

It is never wise to buy more coins at a lower price? It's a very popular strategy to average down your overall buy-in price. This is the first time I hear someone saying something like this. The first point you mention also contradicts the second. You are right that you shouldn't invest all your money in a single move exactly because you can still benefit from dropping prices if you kept some liquidity to purchase more coins while the price is dropping.