Ninjastic
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Board Tokens (Altcoins)
Re: [PRESALE] Jarvis - Hybrid multi-asset exchange | DApp browser | Revenue token
by
beeelzebub
on 21/01/2019, 12:03:19 UTC
Quote from: Jarvis Edge on January 20, 2019, 10:31:00 PM
Quote from: PS92 on January 20, 2019, 06:01:23 PM
Quote from: Makkara on January 18, 2019, 08:13:44 AM
Quote from: PS92 on January 17, 2019, 11:08:16 PM


Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

We shouldn't take the risk to over speculate Smiley

As example at the moment we raised 68k usd during the presale; But 21k were ETH and BTC that varies a lot; if we do not count them, we have only secured $47k, so €41k; which is not enough.

So to sell a bit of ETH abd BTC might help sometimes.

I think your biggest chance is you got fiat for private investments. If they were eth or btc, that would be huge downfall. Lots of ico gets cancelled after they reached their soft cap because funds were btc/eth.