Post
Topic
Board Altcoin Discussion
Re: Is it worth going for me?
by
CaVO32
on 14/07/2020, 22:40:40 UTC
I am following PayAccept project - https://bitcointalk.org/index.php?topic=5258011.msg54681210#msg54681210 for some time now much like others here. So I like to know few things and advice from people who already have idea of this project.

They recently made a Turbo sale, which was below 1-2 cents from actual exchange price and it was sold out within 1 hour. So unfortunately, there was no opportunity for me to think or do anything.

Now I just read on their https://twitter.com/payaccept/status/1282630910005972992 that they are doing 2nd Turbo Sale in few hours.

Please tell me is it worth going for??

be careful to this mate, they offer this thing in order to attract buyers, 1st, 2nd turbo sales, I know they could still have the 3rd wave of it. Then, don't wonder why they will disappear after their selling period. Don't risk your money in new projects and especially for big offerings, this is usually a kind of scam. You don't need to be greedy and catch those sales for the reason that it will make you more profitable because you'll be surprised how badly it sinks once they have done with this.

I suggest finding a project that is supported/back-up by a reputable exchange and even it is new project but at least you have an assurance for it.

And one thing that he can do also is if he is indeed interested on this project and found it very promising for him, just wait for it to hit in the exchanges and wait for at least couple of weeks in trading. Usually the price will be cheaper than their sale/turbo sale as dumpers will be selling their share. But as an investor, you should take precautions and conduct deep assessment if this project can really hit it off in the market. As others have said, hard to trust new projects as most of them ended up as either scam or crap project.