Bitcoin Forum

Hi guys
do u think HOT (HOLO) good to invest at 6 sat ?
https://www.binance.com/en/trade/HOT_BTC
https://coinmarketcap.com/currencies/holo/social/

All do its listed in binance i never heard about this coin before.

I can only suggest that do not invest blindly, i mean if there something you think that can help the price increase in the next more week an update that will surely help to  increase its price once they give it then you can invest. If there is not and there is no given update to the project then you should not invest.

Always DOYR, (Do Your Own Research).

There are other projects that are similar to HOLO like DagChain as far as I know, so that is not a unique ideas although there could be some difference at all. What I'm trying to put out is that usually if a project has a "copy-cat" version, usually who is the first gets more of the attention. We can even compare as well to Bluezelle, so always research first and do your due diligence before investing.

I see this is good coin, listed on top exchange, high daily volume and top 56 on CMC, there is no doubt about this coin but it's depends on ourselves want to invest or not. In a situation like this it's very risky to invest in altcoin, now my purpose only invest in Bitcoin.

If you do a research, then you will see this is a good altcoin in the top 100 in coinmarketcap. And it is listed at the top exchange in this market, but when you look at this altcoin's chart, you will not be interested in it. Prices did not fluctuate too much and only went down since 2018. I personally won't invest in it because there is so little hype to make us profitable

This is a good coin in my opinion. Ive seen their performance and platform and I can say that they are performing well. You can definitely grabs some of hot token while their at 6sats, I usually check altcoins performance based on market cap and obviously it is one of good volume on Binance. I think its also listed on some major exchange aside from it. This is also same time with PundiX but that one got lost its way and now never heard any development from them but holochain keeps improving even with the bear market scenario.

If Holo is the only coin you want to hold unto I suggest you rethink very well because there are many better options in the market right now but if you want to put HOLO in your portfolio then go ahead

Agree with your advice, we have many other better options than HOT. For me this is just a shitcoin and it hasn't had any updates in the last 2 years, maybe it will be removed from binance soon if this project is not have MVP in future

Invest in more stable coins than in something which you are not sure about. I would not recommend you this coin in these market condition. Things can go pretty bad starting April. So avoid any kind of investment now.

DYOR.

In the current situation, I recommend not investing in this altcoin. Bitcoin is in danger of collapse, so it is best to hold USDT or Bitcoin to wait for the opportunity to make a profit, if you invest in this altcoin, you will surely receive losses in the coming days. Wait and you can buy them at a much cheaper price

oh, I already bought HOT for 6 sat and put sell orders for 15 sat. I just will wait till this moment. Now it can be 4-5 sat but I already bought. I am not worried now and I believe in this project.

I stopped following Hologen months ago, development are very slow and I don't like that, although it's been very profitable since launch and still very cheap now but I choose my coins based on team capability

Yes its a good investment. Though it may take time for you to profit if you hold it, its a sure project making its path to success. They do have products already and all they are doing for now is populating their distributed world wide web.  If you are just going to invest though, I think you may wanna just buy the holoports they have because this at least will have a good use for their network and at the same time you earn holo.

This one is not worth to invest. Binance exchange site can't be the reason to invest in the project as this coin is traded on so many crap exchange site and one of these exchange sites is latoken.
I don't even think if this is the best choice and you should try to consider another coin to invest.

The circulating supply of this coin/token is massive so I am not expecting its huge growth but It can be a worthy option for long term because it's listed on a big exchange with decent volume which really helps this altcoin to maintain its rank between top 100 altcoins and I think it's a plus point for this coin/token.

Any exchange can add the token. Even yobit can add any token so does latoken and p2pb2b, its all up to them as long as they can put up a chain for it on their exchange. Any scam exchange can do it if they purposely do it.

What any one can do to follow the project is to go over to their ANN thread because they usually update it for their investors.  This is the thread https://bitcointalk.org/index.php?topic=2963267.0

Never heard about this coin before now even though it is listed on Binance. Do Binance list shitcoin too? Looking at CMC, the volume is not looking so good. However, I can't see anything good about this project. It's better to avoid coins which are not so popular in such an economy. It's a matter time being bankruptcy.

Yes, as far as I know, Binance do list shitcoin.

However, they are very strict as far as delisting coins, if they see coins that have no development after listing and just being used for pure pump&dump scheme, I'm sure in the matter of months it will be de-listed. As far as HOLO, looks good in paper, however, they really need to proved that there is such as used case for their utility token, otherwise it will be buried down, just like the rest of coins who started to do good, but with no developments from behind, suddenly turns into another shitcoin.

To me, this is a shitcoin that exists in the binance exchange. I have seen this altcoin since 2018 but it hasn't caught my attention, its price has been going down for the past 2 years and there hasn't been any significant price increase. Do not invest in this altcoin, it is better to invest in other altcoins like Matic, ONE ...

This is a good sign that said coin listed on Binance but I want to add one more thing always search the project if the project developing and community is in increasing trend then invest in the project. AS Binance always delist the dead project after some time.

Of course, technically, every coin is good to invest specially at low price.

But you have to be very careful, you have to always monitor the price of it, so there is a big risk on your end. Although it has been listed on Binance, it doesn't mean that the coin is really that good to be able to make it through this bear market. Binance has the uncanny practice of just delisted tokens, so we really don't know how far can this coin go before being delisted. So if there is no liquidity, just a matter of time before it will be delisted, just saying.

It is listed at binance so I think this is a good project. Binance will never list shoddy altcoins and scams. I checked HOT's price and found that its price is quite low, you can bet a little with it and long-term hold in the future.

Before choosing a good project you should look at the volume and community of the project. I see this project fulfills both conditions, a pretty good community and a large daily volume and is registered in many exchanges.

mostly coin on binance has big potential to invest , especially when they just listed on binance then community will pump it when they seee that coin was listed on potential exchanges like binance

TBH I was hoping HOT will drop a bit when it was pumping,  but now I already have a big doubt if I would still invest on it, not totally that I made my mind up already but I just have to make further research first. I'm afraid the price would continue to fall like the faith of PundiX.

It's right. The situation has changed, Holo is not investment worthy coin to me. They lost the huge community support, trading volume and popularity! I don't see much development in this Holo coin! That's why the hype is gone and the price is crashed highly! I would better pick the Atom or Link coin instead of Hot or Pundix!

You are right, we should look for other better projects and invest. HOT is a project that seems to be dead, its price hasn't increased in a long time so I won't be interested in investing in it.

Holo is a coin with a large market cap value and is also traded in many large exchangers. I think the price of 6 sats on the market today is cheap and I think when the market starts to recover, the price will go up too.

After touching prices in the range of 35 sats, HOT is currently at 6 sats and this is due to falling prices in almost all cryptos. If you want to be patient for the long term, I think this coin will rise again

Yes, HOT is a good coin to invest in. The team has strategically put in place mechanisms to drive the demand and liquidity of their coin. Also, it has been listed on many popular exchanges and this gives it a good exposure in this industry hence having huge market cap as compared to other altcoins on coinmarket cap.