Post
Topic
Board Speculation (Altcoins)
Re: What do you think of Vechain, Tron, & XRP ?
by
posi
on 11/01/2021, 13:31:03 UTC
Why did you choose the three coins?
VeChain - Good, but not fast progressing
Tron - Good, but prices tend to be stable
Ripple - Not good because it's having trouble with the SEC
I believe he intends to invest in those coins because they have good market capital, listed among top 100 coins, have good publicity but have a low price which he thought they will give him possibly x100 profit in the future and he doesn't understand things don't happen like that in cryptocurrency investment. Besides, all the listed coin are highly manipulated coin
[snip]
Long story short the idea of "buy when it is undervalued because of a reason, sell when it gets back" is a great idea and I support that, I just do not think 100x would be in the play for them.
The idea of buying undervalued coins in the market and sell when it gets back is a horrible idea if the cryptocurrency market is not in the blood bath season which will technically affect the price of all the coin in the market. However, the best things to do now is to invest in coins that are gaining genuine positive trend in the current bullish market.