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1  Alternate cryptocurrencies / Altcoin Discussion / Re: How many trades do you make daily? on: February 24, 2018, 10:21:14 PM
Only to buy in or to sell for good, daytrading is way to stressfull and imo only worth it with a larg amount. otherwise it's too risky to gain a few coins vs. loosing them or/buy back with a loss.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: COSS - can it be among TOP 3 exchanges? on: February 22, 2018, 11:22:58 PM
Well it's not only that their volume is very low, but it's mostly from the COSS coin itself. Then again it would be nice to see them succeed, since I like their UI and it would be nice to get some weekly payouts. Unfortunately it's a bit like playing the lottery seeing the performance of the COSS team/platform.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: COSS - can it be among TOP 3 exchanges? on: February 22, 2018, 10:47:24 PM
I also hold some COSS-Coins and I like the idea of benefiting from the weekly pay out. At the same time I'm quite worried that they won't deliver/perform mid-term and will fail long-term for one simple reason:

50% of their revenue is redirected to COSS-holders. This is what COSS can't invest for improvements/staff/infrastructure/marketing. Furtheremore, they're trying to tackle multiple fields in the crypto space. Again this sounds awesome, but a lot of resources are needed in order to achieve this. At the same time the competition coinbase/gdax (fiat) and binance (crypto) is already well ahead of them + they can invest more for better serive and/or offer lower fees than COSS. Right now there might be enough money flowing into the crypto world, so this would not matter too much, but in the long run this could be why COSS would not be able to keep up with the competition.

It's like taking 50% of the revenues from Microsoft and telling them at the same time they need to invent an autonomous car software + hardware from scratch. They might be able to do it and get some adoption, but there will always be a competitor with a larger market share and a better product.

That being said I invested a bit, since they might be able to become a midcap exchange, which could still be enough with the growing crypto market.



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