Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion]
by
Mickeyb
on 31/10/2014, 14:13:48 UTC
What is wise. Sell a NEMstake or redeem it?

How much NXT will it be worth after launch?  Tongue

If I knew things like this, I would have been a millionaire until now!!  Cheesy

Now seriously, when the AE stakes went close to 50k NXT I asked myself the same question. After thinking, I came to a conclusion that if I sold it, I would have made a small profit. Having 3 BTC isn't that bad, but what will this really change in my life. On the other side, keeping a NEMStake can give me much more gains in the future.

I am willing to take a risk!! If we go to 1000 satoshis in the future, which isn't that much, that would be 10 BTC profit. Indeed, we could go to 5000 satoshis but we might also go to a 100 satoshis, you never know.

Keep in mind that the current valuation looking at the NEMstake price is 266 satoshis per 1 NEM.

If it is 266 satoshi per 1 NEM; I will redeem it. Because I believe it will be more than 1000 satoshis.

I also think there should be no problem reaching 1000 satoshis, even at the launch..