Is buying GRIN a good decision now?

[bbc.reporter]

@Little Mouse. The present supply should not matter, however inflation should. Grin will have an inflation rate of over 10% for the next 10 years, over 5% for the next 25 years.

Compare that to dogecoin's price pattern which presently has a 4.45% yearly inflation and you might not like what you see.

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[Little Mouse]

@Little Mouse. The present supply should not matter, however inflation should. Grin will have an inflation rate of over 10% for the next 10 years, over 5% for the next 25 years.

Compare that to dogecoin's price pattern which presently has a 4.45% yearly inflation and you might not like what you see.

Thank you for breaking down the aspect. Looks like I have to consider all possibility before going for investment. I was thinking differently though.

[Febo]

Grin has an unlimited supply so i don't consider it a good investment and neither does theymos. However, it is new technology so early investors and adopters might benefit if it goes mainstream. One to keep an eye on but not to put coins into it

Grin has infinite supply but short term, the supply is still low. I am hoping for a hype again which may take grin to $20 at maximum. In that case, investing now makes sense but I will wait for a while now to see if the prices go lower again as someone said it might face another bottom.

Hype can happen at any moment. But that will be short term correction. You will need to act fast and sell at right time.  Also since Bitcoin is close to bottom I would rather look at Grin price in BTC then USD. Bitcoins USD price will mostly go up in next 3 years. So even if Grin price stays same Grin will still lose compared to Bitcoin.

[Ucy]

3 dollars is still a good price to buy if you ask me. Grin is a solid coin with strong  potential. It could dip further, rise or stabilize at this price. It could even end up being affected by the current market. Nothing is certain here.

[starblocks]

It's easy to get caught up in all the hype, but if a project demonstrates solid development progress and has a good community forming behind it, it's likely to represent future value, regardless of its relatively high inflation rate so don't focus so much on trying to profit immediately if you're seeking to invest and just add some to your portfolio when it gets cheap enough as there'll likely be rewards for doing so once the technology matures a little further and the market trends upward again

[numismatist]

@Little Mouse. The present supply should not matter, however inflation should. Grin will have an inflation rate of over 10% for the next 10 years, over 5% for the next 25 years.

Compare that to dogecoin's price pattern which presently has a 4.45% yearly inflation and you might not like what you see.

That pattern looks like a real downer, right. On such a high inflation they are more sort of a collectible for enthusiast.
Might be the right coin for GPU mining on the other hand just today.

[Bharathi13]

GRIN got a huge pump to $14 but now it has dumped to $3+. Will it be wise to invest in GRIN now or I have to wait some times more? Does it have any chance to get dumped too.

The hype for grin is over for now IMO price will get down between 1.5$ to 2$ then you can enter & the price will increase gradually over the longer time based on how they devlope their infrastructure & work on business partnership in future. The recent pump of GRIN was purely speculation & due to that a big hype got created.

[gregall]

I am really intrigued by the Grin project. I like what they stand for so I will invest some

[consideritdone]

grin is very quiet now https://www.coingecko.com/en/coins/grin
its a nice time to accmuluate and stack, volatility will come unexpectedly

[Moiyah]

GRIN got a huge pump to $14 but now it has dumped to $3+. Will it be wise to invest in GRIN now or I have to wait some times more? Does it have any chance to get dumped too.

I suggest you use some indicators like RSI and open it with tradingview. If the indicator says it will still go down below $3 then wait for it before buying and investing some of it. But if the indicator say it will finally go up, buy now. It is maybe it's bottom price. You'll surely have profit by now if you buy on it's dip.

[Tigerw]

GRIN got a huge pump to $14 but now it has dumped to $3+. Will it be wise to invest in GRIN now or I have to wait some times more? Does it have any chance to get dumped too.

I suggest you use some indicators like RSI and open it with tradingview. If the indicator says it will still go down below $3 then wait for it before buying and investing some of it. But if the indicator say it will finally go up, buy now. It is maybe it's bottom price. You'll surely have profit by now if you buy on it's dip.

The fact is that this is a very thin line and it is not always possible to catch it, even with the most intensive and attentive information processing. It is clear that the cryptocurrency market needs to be monitored constantly, and most of the free time is spent on this, but many projects have fluctuations very often and very sharp.