True, we've seen a massive increase in price lately so this correction takes some time. If nothing weird happens then I expect the market to pickup again but don't expect massive gains just like that
Yep, thats my guess aswell. If you look at basically any coin, they go ATH, drop down more then the original 'starting point', to go up to a new ATH. What I try to say is that all coins got their ups and downs... Which is completely normal. There are alot of promising signs tho:
- Atm there are 191 Masternodes (1 Masternode is 10M COLX), this is stable for a month now (were less before the price increase).
- Marketing has not even started, once they start marketing it will ofcourse bring more people.
- There is no Whitepaper, people dont know where COLX is going (whitepaper is coming soon i guess, atleast in q1).
- COLX is a based on PIVX source code, which is proven tech.
- It has a safe, functional wallet, active development team and promise of the price of coin rising in the future.
Exchanges:
Cryptopia - Fee is paid (11BTC), uncertain when Cryptopia will list COLX
Kucoin - Waiting for reply when to get listed.
Next.Exchange - Announced COLX Listing. Uncertain when COLX gets listed.
Yobit - Fee is paid, Uncertain when COLX gets listed.
Because of the problems with the exchanges going on, its uncertain how long it will take before the actual listing takes place...
When a coin gets on bigger exchange more and more people will know about a certain coin, which is positive imho. I dont think people will drop COLX when it hits bigger exchanges, imagine you dropped PIVX on a dip... (check PIVX and many other coins price graph). Why would you drop a coin that isnt nowhere near its 'end-product', if your a daytrader its fine, but if you see potential (like I do), why sell? Looking at its price it preformed pretty well already, we had a massive increase already.
This is my own 2 cents, at the end only you can make a decision whether your selling or holding on to your coins. For me, I sold so many coins on dips, just because i've seen people causing fud, devs who seemed inactive and what not. Just to see the price go 10/20x... I got a good feeling so I probably end up holding COLX for atleast the end of 2018, the shared masternode technology is coming later this year, which seems pretty promising to me.
