Investing in Stratis?

[De Selby]

I currently am long volatility and short equities in my traditional investment portfolio and looking to diversity into BTC/cryptocurrencies.

The largest amount (90%) will go to BTC, but I'm looking for coins with potential for very rapid appreciation.

I'm tempted to invest in STRATIS for the following reasons:

a) the idea behind the project appears to have some merit/practical implementation.
b) decent trading volume
c) potential for rapid price appreciation (trading at $0.026 as I write these lines)

I feel that the upside is massive, and that STRATIS might one day be trading above $1. On the other hand, I cannot help but think that maybe I'm making a terrible decision and sinking $1,000 into a bottomless pit.

It is for this reason that I would like to hear the community's opinion on this matter.

Any reasons why I should definitely reconsider my investment?

[Pietpiraat]

So you have the BaaS element which is a massive one.

Then you have the fiat gateway intergration.

Fiat gateways will provide a complementary effect to the existing BaaS as they can be used as a means of transaction on any organisations blockchain.

As-well as providing all the benefits that it would do as a consumer oriented product/service (like WAVES intends)

Stratis also the capability to create a decentralised exchange although this isn't very high up on the list.

Maybe you can use this to make a decision, i will not say that you must or must not invest that is up to you.

[samcoin]

This project achieved big success in short time , now sure the Stratis investors are very happy with ×4 price , the bounty hunters are happy also , it was my mistake when I avoided joining the bounties campaigns because I did not have a lot of time , now I am focusing on DECENT , I see it a good project .

[Palodar]

This project achieved big success in short time , now sure the Stratis investors are very happy with ×4 price , the bounty hunters are happy also , it was my mistake when I avoided joining the bounties campaigns because I did not have a lot of time , now I am focusing on DECENT , I see it a good project .

Yeah right. I gain x2 profit because of this coin. I don't know exactly what really happens and what factors cause it ..
Hahaha. Cheers for stratis investor

[De Selby]

On further consideration, I've decided to abandon the idea and invest in Siacoin instead. I like the concept behind Stratis, but the project roadmap does nothing to assuage investor fears of a classic exit scam on the part of developers.

[TrueAnon]

Nobody wants this PnD shitcoins.

It'll be dumped to hell by next month.

[raphma]

it's getting usual create newbie account and post something to try a pump in a random sh*tcoin.

[stupidlgr]

Nobody wants this PnD shitcoins.

It'll be dumped to hell by next month.

Fuck you retarded FUD boy, just play your shit waves tokens. You will never get your principal back, poor boy, don't cry if you don't buy Stratis now.   

[De Selby]

Nobody wants this PnD shitcoins.

It'll be dumped to hell by next month.

Why do you characterize this project as a pump and dump scheme? Do you have any specific reasons why one should stray clear of purchasing this coin?
I'm assuming it's the roadmap, but I would like to know if there are any other reasons. The price took quite a beating today, but assuming Stratis isn't an outright fraud and the project is discontinued halfway-thru, the risk/reward ratio is still heavily skewed towards investing/speculating in the project.

it's getting usual create newbie account and post something to try a pump in a random sh*tcoin.

I can see why you might think that, but rest assured that wasn't my intention. My sole purpose in creating this thread was to see if there were any clear signs of fraud associated with the Stratis project, e.g., the developers being involved in a BTC-related ponzi scheme in the past, or perhaps a pump and dump involving some other currency.

I visited the official Stratis thread and quickly found out that, despite robust trading volume (at least on the surface), the operating framework is still 4 to 6 months away from completion. This constitutes a red flag, in the sense that any potential investor would have to make a judgment based not on facts, but on pure emotion, i.e., "fear of missing out". Still, this alone isn't enough to determine the value of the project and I might still end up investing in Stratis.

Regarding Siacoin, I haven't actually gone and purchased a stake in this coin, but if I actually do decide to diversify into crytocurrencies, I feel it might be a worthy addition to my portfolio.

Last year I was seriously considering investing $5,000 in NEM, but decided against it at the last minute. Had I actually followed through, my position would have appreciated 40 fold. Similar story for not investing in Bitcoin back in August of 2012. Ideally I will be able to avoid making the same mistake this time around.

[sandiman]

Nobody wants this PnD shitcoins.

It'll be dumped to hell by next month.

Why do you characterize this project as a pump and dump scheme? Do you have any specific reasons why one should stray clear of purchasing this coin?
I'm assuming it's the roadmap, but I would like to know if there are any other reasons. The price took quite a beating today, but assuming Stratis isn't an outright fraud and the project is discontinued halfway-thru, the risk/reward ratio is still heavily skewed towards investing/speculating in the project.

it's getting usual create newbie account and post something to try a pump in a random sh*tcoin.

I can see why you might think that, but rest assured that wasn't my intention. My sole purpose in creating this thread was to see if there were any clear signs of fraud associated with the Stratis project, e.g., the developers being involved in a BTC-related ponzi scheme in the past, or perhaps a pump and dump involving some other currency.

I visited the official Stratis thread and quickly found out that, despite robust trading volume (at least on the surface), the operating framework is still 4 to 6 months away from completion. This constitutes a red flag, in the sense that any potential investor would have to make a judgment based not on facts, but on pure emotion, i.e., "fear of missing out". Still, this alone isn't enough to determine the value of the project and I might still end up investing in Stratis.

Regarding Siacoin, I haven't actually gone and purchased a stake in this coin, but if I actually do decide to diversify into crytocurrencies, I feel it might be a worth addition to my portfolio.

Last year I was seriously considering investing $5,000 in NEM, but decided against it at the last minute. Had I actually followed through, my position would have appreciated a 100 fold. Similar story for not investing in Bitcoin back in August of 2012. Ideally I will be able to avoid making the same mistake this time around.

best of luck !! looks like you won't fall in a p&d schemes or scam through those fundamental analysis, but as you know, invest only what you can afford to lose in crypto world (very similar to peny stocks).

[bbc.reporter]

The best way is to wait for the hype to pass. Right now the volume is high and the price is always moving because there is still hype. The wise and clever traders will be making money and the stupid ones will be left holding when the price is going down. The reaction of the stupid traders is to dump and sometimes it is too late because they have already lost more than half of their initial investment.

Do not be scared to be left behind. Just continue watching and observing this until the hype is gone then you decide. Stratis will not "go to the moon" in a time when hype is the only thing fueling the price moves.

[Gahs]

If you want the long term profit i.e hold and wait for months to sell, you can't go wrong with Litecoin, monero or dogecoin. The short term ones requires you to carefully study the charts for at least five consecutive days before choosing the right coin(s).

[De Selby]

best of luck !! looks like you won't fall in a p&d schemes or scam through those fundamental analysis, but as you know, invest only what you can afford to lose in crypto world (very similar to peny stocks).

Thanks for the kind words of encouragement! It's my first time investing in crypto, so I need to be thorough and dispassionate in choosing which coins to add to my portfolio. For example, what percentage of new coins with a reasonable volume fail during their first year? What percentage of new issues manage to at least maintain the initial offering price? I need to figure out a reasonable approximation to above questions before allocating any serious amount of capital into this market.

Do not be scared to be left behind. Just continue watching and observing this until the hype is gone then you decide. Stratis will not "go to the moon" in a time when hype is the only thing fueling the price moves.

That sounds like really sound advice, actually. STRATIS is currently trading at over twice the ICO price. Ideally the price would stabilize in the 2000/2500 range, so I can buy a small stake in the coin. Let's see how the price moves over the next two or three weeks.

If you want the long term profit i.e hold and wait for months to sell, you can't go wrong with Litecoin, monero or dogecoin. The short term ones requires you to carefully study the charts for at least five consecutive days before choosing the right coin(s).

I'm a strong believer in the libertarian principles of limited government/regulatory interference and individual liberty, and as such a feel a strong affinity for the Monero community. With that being said, however, at $2.40 and with a market capitalization of slightly over $30 million, there is limited potential for a dramatic price appreciation, which is essentially what I'm looking for in my alternative investment portfolio. This therefore makes Monero, Ethereum Classic, Dash and other more established crypto-currencies unsuitable for my investment goals. Thanks for your input, nonetheless.

[ttookk]

If you want to invest in cryptocurrencies in general and haven't already, the most appropriate approach might be not to invest in a single currency, but building a portfolio.

Stratis is way too young for any long term commitment, at least for me. I suspect volume to go down, as well as price (most ICOs seem to have some kind of "desperation phase", where the price dips considerably). I would come back and look at Stratis in maybe one or two months to see where it is standing.

I like Sia as an investment. I'd take a look at Lisk and ETH/ETC as well (although their ongoing mudflinging may scare away some investors, I have the feeling that especially ETH has gathered so many people around it, that it is unlikely to fail completely).

Some "classics" like Monero and maybe even LTC may be worth a look as well.

This is obviously not advise, but just my biased two cents

[bbc.reporter]

The volume of this is now low. It will be now good to observe where this coin will go from here. The developers must now do a good job and work hard if they really want for Statis to become a success. But we have already seen it many times here that most of the projects go nowhere.

[niksdt101]

stratis has a solid plan with a real  future  , it is still in its in initial stages of implementing the main node , once that is up the real value of straits can be seen.

[Cord]

it's getting usual create newbie account and post something to try a pump in a random sh*tcoin.

I bet you feel like an idiot calling stratis a "random shitcoin"

[ocips]

it's getting usual create newbie account and post something to try a pump in a random sh*tcoin.

I bet you feel like an idiot calling stratis a "random shitcoin"

Thought the same lol

I wonder if OP hodled ~