Bitcoin Forum

Hello guys,

what do you think of @CHADS token? Seems like a great project with good future, they started mining as well, they are connected to @DOT, etc. But last week the price is only falling down. I wonder when it will gain back? What is your opinion? Thanks.  ;D

Chads VC? https://coinmarketcap.com/currencies/chads-vc/

Is that the token you are asking?

Fluctuation of each crypto is very high. Fall comes unexpectedly and rise too. Gaining back is likely after a fall. Observe the chart of this coin if you are a holder of it.

There is another strategy and it is to cut loss if you are uncomfortable.

Yes that is the token am asking. They started to farm, mining, i don't even understand how to, but I do hodl since i believe it is a gem, but since last week has been falling i wanted to hear others people opinion. Tnx. Regards. Katunga

I just heard about Chads, I tried to find more information about Chads on their site and social media accounts, but not much information I got, only partnership with Meter.io I know. if Chads doesn't display information about the team, roadmaps, white papers and so on then Chads is not a good long-term investment.

There is some info avaliable at pages:

www.celibate.info

https://www.chads.vc/

Aren't this all informations required?  ;D

If that's what you think with that coin, I have nothing against that as you know more.

I'll just say good luck holding and investing into this coin if you have considered it as a gem. I've already gave my thought about the market in general and not only for chads.

i have simple question for you, why you think this is a great project with good future my friend ? give me the reason please
and remember price will always up and down, but if this coin is a great coin you don't have to be worry mate
i hope you will always doing a deep research before you drop your money in any cryptocurrency

Absolutely you are right buddy we can not give any suggestions about this type of coins without knowing about it very well as per my knowledge this will be not good coins to hold long tram as you told. so better to stay away from this type of coins.

https://i.imgur.com/wlAnM4k.png

Truly Remarkable is that huge spike it got on Oct. 18, 2020, but aside from that it is just a slight spike up, I can not say for sure if there is a future for this project but it is staying and making some remarkable movement and for now the price of $0.057958 USD is not bad I think if you are in love with their platform then take a chance but it will still be your decision to make, I think it is OK to get some small trades to it and wait for another remarkable spike, if it goes along with the price of Bitcoin then it will surely continue to make results.

there will be a time when prices will return to normal, maybe in the near future at the end of this year it will return to normal and even increase

Trust me dude, if a token has farm mining enabled with unbelievable APR, then you are gonna get hit by a dump any moment by the investors. That's what we witnessed with YFI and I believe that DeFi won't change anything unless they stop allowing these high returns which give power in the hands of noobs who are ready to sell any moment they receive their free money because they doubt they'll see that price the next day. This farming is a new name for staking in the end. So if you are waiting for a correction in Chads, don't expect too much.

I have the same thoughts ..


It is possible that a better period for alts will begin in the near future and then most cryptocurrency prices will go up. However, even if it does, I think that the price of CHADS will not be rising for too long. The price of this type of project will sooner or later be dumped. How quickly it happens depends entirely on whether or not the altseason (we are all waiting for) begins. It may also be that CHADS will not see price increases on the market and will be bumped sooner.
Anyway, in my opinion, investing in this project is very risky.

TBH, I'd literally not call these projects to be "projects" at all because they've got nothing but a hyped word called "DeFi" added to them as a tag.

Remember the good old days when a token used to fly high without any reason or without having anything special about itself?

Remember that specific word which was famous then?

It's "Blockchain" and whichever project used this word in the old days had seen a great spike in its price, albeit there was nothing in those projects at all. Chads and other DeFi based projects are just a shadow, a carbon copy of those tokens.

:)
I remember even private people adding the word "Blockchain" to their name on social media to be more recognizable. :D

Of course, during a bubble, the prices of even the most ridiculous projects can reach very high levels.
However, I think investors still remember the consequences of the bursting of the ICO bubble and are much more cautious about DeFi at the moment. Therefore, I believe that despite the fact that there is a lot of interest in this market, the CHADS price will not stay at this level for long.

Yeah. Most probably i am rekted with it. I got some 6700 @chads at its ATH and seems like am screwed. I have no strenght to sell at this low levels. Lets wait a while more and see what happens.  :)

The truth is, there are just many tokens like this, they will come up with good talks about how they will disrupt the crypto space and all that, the team can even go as far as getting some services started just like mining in this case with sole purpose of making the platform to look serious and of course attract more users. But at the end, it always goes the path of others which is, all of a sudden the lack of interest crypts in and the volume starts diminishing until it's abandoned.
Also, Looking at the data on coinmarketcap, the volume is very low thus explaining the rank so far, hence one will wonder what the team are up to. The volume also points to the fact that, it's likely an abandoned project and asking when it will come back, is what no one knows because it depends on the team and what they are really up to.