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Author Topic: Why buy BITBAY?  (Read 115 times)
Sikka157 (OP)
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December 23, 2017, 10:35:27 PM
 #1

This coin has been rising a lot lately, I had a small amount I bought few months ago and I made 8x already but since it is a small amount, any thoughts if I should buy more of this coin?
cryptoblackhat
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December 23, 2017, 10:38:15 PM
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I wouldn't suggest investing more money into a smaller coin like BitBay unless you're very familiar with the development team, their vision, and have good faith in their future prospects. Then in addition to that you should look at the network effect that the currency has (is it already popular enough that people are sharing it with their friends and growing the possible user base?). Only then can you come to a conclusion whether it's worth investing in for the long term or not.

Personally I wouldn't go for BitBay, but one of the others that seem to have more mass appeal and established teams, such as XMR, NEO, LSK.
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