Post
Topic
Board Speculation (Altcoins)
Re: Epic Cash
by
Xal0lex
on 27/06/2022, 13:03:18 UTC
You're entitled to your own opinion. Epic has done a 50x, over last 2 years

And why do you think that this is an argument for its prospects and investment attractiveness? Yes, the project brought its early investors a profit, I will not argue, but that absolutely does not mean that if it was profitable in the past, it will bring the same profit in the future. Do you want to dispute that statement? If so, you can try to buy projects like LUNA, for example. This project brought its investors more than x70 profit last year, but is that a reason to buy it now? I think the answer is obvious.

I always look at a project in terms of present numbers, not past or future numbers. What do we have at the moment? The project has low liquidity, the project for 2 years and was not able to reach the major trading floors. These are the main criteria by which I can say that investing in this project is very risky.

@Xal0lex Have been and experienced trader for a long time now and he knows what he is saying over the market. Despite Epic seen 50x does not really mean a good trader would venture into it since they have only $50k trading volume a day, it is not enough to trade with.
Now let me break it a bit, $50k is the subtotal of buying and selling that occurs per day, and would likely be the teams or Bots manipulating the market.

I'm sorry, but I'm not a trader. In the sense that I don't trade altcoins Wink I am convinced that altcoins reveal their potential when investing, not when trading. In trading, people often sell their coins cheaply, which over time become more valuable, and there is a great risk of losing everything altogether.