Post
Topic
Board Speculation (Altcoins)
Re: SUMO - Last good time to buy?
by
Mahanton
on 17/06/2020, 23:49:42 UTC
Hey guys,

What are your thoughts about SUMO? A lot of stuff happened since the ATH in early 2018 (around 11$, 70k sat). The work went on, the HR is high for a CN based coin (Monero fork) and keeps around 25 to 35MH...

There was some price action in early 2020, the price now is around 700 sat, which still is about 300% from ATL...

A nice Android-Wallet was released some time ago which makes storing coins super easy and the github is pretty active.

IMHO all this project needs to explode is a bit of attention... with all the stuff going on, this seems to be just around the corner...

Invest just a little may bring a good profit after a mid to long term hold.

If someone can take some gamble to invest on then its their choice but for my part, i would still skip out altcoins now even they do show off some progress or updates.
Im done with it since from year 2017 after the bull run.Im not saying i totally hate it but in most cases these are just temporal aspects of pumps but sooner or later
these will just dump to death.If you do talk about good time to buy? then i would say that it wont be worth the risk specially if it able to hit up 300% from its ATL.
If you dont like to get caught with the FOMO then better sit down and let it go.