Pearl (PRL): Buy before or after testnet release?

[Visiax]

Hi all,

I was wondering what your opinions are on Oyster Pearl.
Personally I believe in the project and am holding long term.

Given they will release their testnet A tomorrow, I was wondering if it would make sense to increase my position today?

Looking forward to your views!

[man22555]

Even if they wouldn't launch it tomorrow i would recommend to buy this coin now, as long as the marketcap is low.
Only 1.44$ by the time of this post, a potential x10 coin. Since it's connected to IOTA i expect this project to succeed in the long-term.

I think a little increase of up to 25% in the upcoming days is possible.

[Visiax]

Thanks!

Yes, after the dip this project needed some time to recover, but let's hope it starts its way up soon

[Crypto Capital]

Hi all,

I was wondering what your opinions are on Oyster Pearl.
Personally I believe in the project and am holding long term.

Given they will release their testnet A tomorrow, I was wondering if it would make sense to increase my position today?

Looking forward to your views!

From my experience, a lot of traders like to follow the "buy the rumor, sell the news pattern" and so even if test net goes fantastically, I think that you can probably expect a slight dip. It just finished a major correction so it's not a bad time to buy if you believe in the project. I highly doubt it'll pump on testnet date though.

[jacafbiz]

I'm rely don't believe in the PRL hype, I look into it, it was because it is based on IOTA, but it is better to buy now that wait for release, to me I don't think the testnet release will drive the price up in any way especially now that the price is down

[bigcash2011]

The best strategy will be to buy now and when the testnet is launched then sell it, take profit and then buy again at a lower price when it dumps. This is proactive strategy if you plan to hold for long term then you can buy now and wait for your target price.

[okan]

Hi all,

I was wondering what your opinions are on Oyster Pearl.
Personally I believe in the project and am holding long term.

Given they will release their testnet A tomorrow, I was wondering if it would make sense to increase my position today?

Looking forward to your views!

i think prl is a scamcoin. its overpricing now. so dont waste your money. you will see tomorrow it will 0.5x.

[JetSet11]

Yeah, PRL gets pumped and dumped a lot. Just take profit when it rises and return when it drops again.

[The Young Turk]

I think this is pretty good time to buy because price fell down 1/3 of the ATH in USD wise. I bought at 4 USD but I have full faith in this project. I'd like to buy more this week. I don't think you can find this price after testnet release.

[FroyoBoy]

I would buy instantly after testnet release if it is positive.

[renault18turbo]

PRL have planned large events this year, I think that the price is now very low, even given the fact that she was very increased in comparison with the price of the ICO stage. So definitely worth adding to your collection in the portfolio

[burdeN]

to me, it's very strange that they have pretty big launch tomorrow and price isn't growing. Usually, price starts to grow 1 week before such event. So I would stay away from buying it this time and just see how it goes

[Beurlz]

Test Net A Soon
Test Net B End of February
Mainnet April

With these events I think the price can grow up.

[bearex]

It's how much you want to risk and profit really. If you buy now, you hope the testnet release will be a success, which will drive the price up. If you wait for the release, the price might already be up, but you don't risk as much. As for PRL, i think it is a great coin with positive future. Only issue is that it is not yet widely known.

[Hamstead]

Hi all,

I was wondering what your opinions are on Oyster Pearl.
Personally I believe in the project and am holding long term.

Given they will release their testnet A tomorrow, I was wondering if it would make sense to increase my position today?

Looking forward to your views!

i think prl is a scamcoin. its overpricing now. so dont waste your money. you will see tomorrow it will 0.5x.

Sorry mate but PRL is not a scam. Though price is higher than of those known coins, and it is not a reason to comment that certain coin is a shitty coin. Is just normal, it happens that their price goes like that because a lot of investors having this and they actually believe that they can benefit from these.

[dwarfik]

The Testnet will not launch tomorrow but on 31st January as far as I am concerned. I own about 1000 PRL, bought the first 700 at 1.6$, the rest at 1.2$. It all depends how the actual implementation will work. If the product works well, x10 till the end of the year is my optimistic guess.

I do not expect that the price will shoot up x2 or x3 day or two after the Testnet A release so it depends on you, buy now at higher risk or after the Testnet with a potentially little reduced profit.

[ChrisCross86]

PRL is still cheap. The projects shows a solid road map with TestNet ahead. I'm sure that we will see x5 in 6 months. But I hope for a x10 at end  2018

[Visiax]

Yes sorry, 31/01 it is!

Thanks for all the comments, to recap:

- Buy now = higher risk / (potential) higher return
- Wait = lower risk / slightly lower return

Let's wait & see what happens on 31st!