Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EDC Blockchain - global platform with its own cryptocurrency
by
cryptomarka
on 09/12/2019, 07:02:24 UTC
Price of EDC falls again. It is really very difficult to develop when cryptocurrency market falls.

I think that some people earn big money of such volatility of EDC rates. There are a lot of speculators.

EDC Blockchain becomes more popular and a lot of traders pays attention to the coin. But price of EDC continuer to fall.

The coin falls in price because traders take profits and also those users who receive a percentage from the leasing program sell these coins. But when it stops the price will start to grow again.

Hope you are right. A lot of people participate in leasing program and they are interested in growth of token price.
Are token projects currently in the growth phase or are they falling?

https://coinmarketcap.com/currencies/edc-blockchain/ Here is information about EDC price.  After a big growth there is a fall of the price.
By the link you provided: EDC Blockchain ROI -100,00%
To put it mildly, not a very good investment.

You are absolutely right. But the ROI is calculated from January 2017. At that time it was the old team of the project. New team bought EDC Blockchain in February and the price of EDC started to grow from July. I participate in leasing from July and I earned a good profit here.
That is, the first investors who supported the project suffered significant losses?

As I know leasing program appeared only in February 2019 or even letter and it started to actively promoted only in summer. So investors did not have any losses at all.