If your question about price is actually a genuine one, it's because of a pump created by a youtuber a few weeks ago now who basically shilled Elixir
Of course I am sincere. I am aware of a pump; though I don't believe the dump is all because of a Youtuber. I believe a lot of people got out because they were seeing that they were losing money and lost hope in the project. What has the team behind the project done to regain their confidence? By the way, I also invested money into this project, at a much higher price than the current one. So far I have been losing money on it. I am not happy about that. I want to see results. I want to see that the Elixir team cares about their investors. Rome wasnt built in 1 day. it takes time to develop a product properly, especially when there is only 2 devs. but this is why i joined, 2 low keys devs nerd herding around a great idea, now hopefully they can execute and expand. |
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the way i see it, Bitcoin is like the USD - Bitcoin backs all altcoins, IMF is backed by federal reserve notes (USD) - so while it could theoretically happen that BCH replaces BTC, for now the odds are slim and I don't see that happening anytime soon.
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It seems you can't see other good projects, I suggest tierion. It is now around ico price. You should buy it very undervalued project
Good looks on TNT - forgot about it cuz it was in freefall - im bullish on Elixir for the long term (6-9 months) |
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3rd token/upcoming ico - should i be worried about hodling elix?
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bump...
i think it has bottomed out.. buying opportunity?
or is DNT a dead coin?
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Has anyone one used Bill Williams fractal trading technique to trade altcoins?
If so, was it successful ? Or is there a better alternative to his kind of trading?
Edit: not sure if this is the right section for this on the forum.
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https://enigma.co/these guys are rock solid for a POTENTIAL 10-50x growth enigma (ENG) 75m in circulation - max 150m rock solid team, white paper as well MIT (the university) is invested (endowment fund)
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this could be huge! im aiming for 5x but i think it could grow to 10-100x in a few years backed by mit cryptotrading algorithm platform for hedgefunds and individuals different kind of token that use multi-sig contract for extra security https://enigma.co/ |
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my call is Enigma (ENG) https://enigma.co/ - a nerd herd from MIT are developing quantum cryptotrading tools (logarithms etc) for hedge funds and individuals they have an alpha, huge potential - current supply 75m max 150m cheap now, in a year im expecting at least over 2 dollars, im hoping for $10 |
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Enigma Catalyst (ENG) - im hodling long term - Team consists of MIT people etc https://enigma.co/you can create your own trading logarithms (become your own hedge fund) they have an alpha... |
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Flik coin. already 2x-3x - 90% coin burn october 22nd - buy now, sell after the burn then use proceeds to buy BTC before the october 25th fork
edit: reason being - Ryan Felton is an music/tv industry expert - Backed by T.I. (the rapper) - tweeted about by both Kevin Hart (comedian) and T.I. - they have Tony Gallipi (co-founder of bitpay) as an advisor.
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thoughts?
i think it can 10x easy - potential for real good longterm (perhaps even 100x)
backed by T.I.
like 80% of coins will be burned
Thoughts? I thought this was just another shitcoin. Then it went up 200%. Maybe T.I. knows more about crypto than I thought? Im just glad i got in at .05 cents   - but i do see what you mean in terms of scam coin... their website did gave me a weird vibe... Like theres missing information that we should def be made aware of |
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thoughts?
i think it can 10x easy - potential for real good longterm (perhaps even 100x)
backed by T.I.
like 80% of coins will be burned
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I was looking a low market caps because of higher potential returns. But i also eliminated coins that had premined, or very have low coin supply. these coins are the only ones with decent websites/roadmap, also have a certain amount of organic growth. A couple of them have anonymous dev teams, which does not inspire my confidence. but ultimately, these were the only coins worth having a look (i went through everysingle coin/token in the 100k-1mil cap on coinmarket) so yes i did do my own research, was looking more for consensus
IMHO, your approach is not that good. Remember that you are investing and as such look for the return. It is about percentage. Consider all factors; market cap, coin qty, unit cost, ranking, etc. For me the most important factor is the volume. No matter how good the dev team, the project, etc....if the people/masses don't support it, it won't go anywhere. The best indicator of that is the daily volumes. HOWEVER, watch for pump and dumps. Your range is sadly the most susceptible to it. You need to look at historical data for consistent growth/volume. This is a general rule that may not fit all. New coins for example may not fit well with this so adjust as needed. It also depends on your goal. I have 3 categories; short, medium, and long term coins. Each require a different approach to them. Hope this helps. I'm more into the longterm approach, most of the coins listed are fairly new to the market (btw i listed the wrong ticker symbol for SPHR - its actually XID) - im just hunting for the next gem |
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"scam coins" never last long. they will always die pretty soon. having a low market cap does not make them scam, it just makes them crappy coins like others.
the same thing is true about having a high market cap. that doesn't make a coin legit, it just means the high cap coin could fool more people into investing in it than the other coins ever could.
this is why you should seriously stop looking at the market capitalization of different coins. it is very misleading.
I was looking a low market caps because of higher potential returns. But i also eliminated coins that had premined, or very have low coin supply. these coins are the only ones with decent websites/roadmap, also have a certain amount of organic growth. A couple of them have anonymous dev teams, which does not inspire my confidence. but ultimately, these were the only coins worth having a look (i went through everysingle coin/token in the 100k-1mil cap on coinmarket) so yes i did do my own research, was looking more for consensus |
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I thought it was quite interesting that you did not invest in any sort of privacy based altcoin like Dash, Monero, ZCash etc. Do you believe that we already have enough privacy already with bitcoin or just overlooked these coins?
I think that IOTA is definitely going to get pumped hard. Scability + zero fee transactions are very attractive points, even though it is unpredictable and new technology, it should mature over time and gain investors confidence.
Dash, Monero, Zcash aren't under $1. |
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theyre probably all scam coins, but if one wasn't a scam and is a 100x - 1000x - which one would it be?
SPHR, UNIFY, COSS, DDF, ENT, TKR, DALC, Q2C
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Kin will be used on Kik. as the title suggests, what are your expectations?
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What do you guys think of Uptoken? coming out in october? their aim is to have crypto ATMs all over the world.
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Thanks guys, this is the friendliest forum ive ever been on!! car forums just bite your head off and shoot you down! I appreciate all the advice! |
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