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Author Topic: Should buy POWR now?  (Read 266 times)
kennethphuoc (OP)
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April 21, 2019, 11:20:11 AM
 #1

I have been watching it for a long time. Now I asked if it was the bottom yet
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April 21, 2019, 11:43:00 AM
 #2

I have been watching it for a long time. Now I asked if it was the bottom yet


I'm always reading the same news for POWR. The price dropped and it makes sense to buy from here. But then the price retreats a little further. I've seen a lot of energy projects really little but can be said to be successful.

I can't even say POWR is one of the successful one.
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April 21, 2019, 12:02:38 PM
 #3

Power ledger is a great coin but just like any other coin the price movement can be greatly influence by the news coming from the dev or what is going on with the dev/coin.
Do your research to know if there is any economic or fundamental events behind its current price drop before you can decide to buy or hold as your case may apply.
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April 21, 2019, 12:50:35 PM
 #4

POWR is just another shit coin and won't make it big in the market. Don't buy this coin as it is being dumped now. You won't make any profit with this I suggest that you find another coin to invest with.
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April 21, 2019, 12:54:27 PM
 #5

POWR is just another shit coin and won't make it big in the market. Don't buy this coin as it is being dumped now. You won't make any profit with this I suggest that you find another coin to invest with.
Then what another shitcoin you would suggest? Most of them are on the ground as of this moment and we know that most coins in the entire market are in similar situation.
No update,no progress,no product etc.Talking about buying about POWR then its our choice yet its your money after all because no one can predict if this shitcoin would turn to be alive and pump out to the floor.
Its just a matter of risk management.

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April 21, 2019, 01:34:11 PM
 #6

I think much better to analyze it for your self if it is good to buy right now or not.
If you can't decide I suggest you to check this coin in coingecko.com and use the search button to find this coin and look for a technical analysis set the time frame to one week and you will see the result if it is good to buy or sell.

Make crypto as your bank.
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April 21, 2019, 01:39:17 PM
 #7

Altcoin needs to be very careful at the moment of recruitment, especially when the movement in BTC directly affects subcoins, so it may make more sense to take a subcoin when BTC is slowly decreasing.
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April 21, 2019, 02:28:42 PM
 #8

I have been watching it for a long time. Now I asked if it was the bottom yet
My question is why must Powr and can you tell me the reason? the price of powr still remain stable and at this situation you can't determine about how low the bottom price for the powr coin itself. I just try to suggest you buy that coin partially. But this look the best time to start it.

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April 21, 2019, 02:37:11 PM
 #9

Are there some powr rumors you are aware of? Chart doesn't look so volatile that it would peek my interest but i guess the price is relatively low now. I guess that the real question is, what do you want from your investment?
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April 21, 2019, 02:56:40 PM
 #10

At first, I thought it could have a good future but I don't think POWR could still go more because its current value is really low. There are also holders who have regrets in buying it. They consider it a dead coin right now. The team isn't active anymore so I don't know if they could do something to help the coin recover again.

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April 21, 2019, 03:13:37 PM
 #11

The team isn't active anymore so I don't know if they could do something to help the coin recover again.
Hmm the last major press release was late 2018, so why do you think the team isn't active anymore? Couldnt find any evidence on Twitter/FB that this is true? Would be very nice if you could share any article regarding this!

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April 21, 2019, 04:05:01 PM
 #12

It appears that the project team have abandon it and move on with another project. No information or update from their social networks and forums.
You may consider another coin for investment.
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April 21, 2019, 04:40:01 PM
 #13

POWR is just another shit coin and won't make it big in the market. Don't buy this coin as it is being dumped now. You won't make any profit with this I suggest that you find another coin to invest with.

why you called this POWR as a shitcoins buddy ?
because i see now this coin listed at the TOP 100 of coinmarketcap and tradeable on binance too,,
as i know binance will not listed a shitcoins,,
maybe the right answer for the OP is, do your own research with POWR before buying

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April 21, 2019, 04:52:25 PM
 #14

POWR is just another shit coin and won't make it big in the market. Don't buy this coin as it is being dumped now. You won't make any profit with this I suggest that you find another coin to invest with.

I don't mind to buy those coins but only after I research more information and analyze in the market. I don't want to get blindly to buy the coin without doing analysis. And if the coin is worth to buy, then I guess I will buy that coin.

I don't underestimate of the shitcoins as your said because all coins in the market have the same chance to increase and it's only a matter of time that will tell if the coin is worth or not.



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April 21, 2019, 05:24:35 PM
 #15

I think much better to analyze it for your self if it is good to buy right now or not.
If you can't decide I suggest you to check this coin in coingecko.com and use the search button to find this coin and look for a technical analysis set the time frame to one week and you will see the result if it is good to buy or sell.

Not just the price.  It is more important to analyze how is the team doing.  Are they still busy with the development or they are slacking and just waiting for the investors to forget about them.  If they are still actively developing the product and the price keeps on dropping, you should check the support level, if there is none, then it has not bottomed yet, so not time to buy and need to wait.  Aside from that TA is not all that you can use to check on coin, fundamental analysis is way more important.
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April 21, 2019, 05:53:27 PM
 #16

No can do if you want an answer with your question about if its the bottom. No one can know if the price was already in the bottom and as you mentioned that you are already watching it for a long time, so meaning to say that you already have done your research.

You must have your say with this coin base on what you have look at with it. Power ledger is on top 99 so if you think that this coin is something good, go with your decision but don't fully rely your decision base on what others said when it comes to your finances and investing choice.

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April 21, 2019, 10:25:49 PM
 #17

I see quite little team based in Australia, but after analysing several linkedin profiles I have feeling that them have skills in blockchain industry. Some experts named it as one of the perspective project in energetics from Australia. In my opinion, the project conditions should be supervised carefully and as many other coins POWR will depend on whole market conjuncture. Also read about risk and forecast here https://coincodex.com/files/reports/60735-powerledger-rating-bb-outlook-stable-risk-medium.pdf
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April 22, 2019, 03:42:20 AM
 #18

I don't know what is wrong with some people, no one can call the bottom, provided you are not speculating on the project, if you want to invest in a project, the questions to ask are:

1. Is the developer still committed to this project
2. Is the project undervalued
3. Is there room for growth
4. How excited is this idea
5. How many people will buy this token at my entry price

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April 22, 2019, 03:44:39 AM
 #19

PowerLedger is a great asset to hodl, it is backed by some real rich and technical team. I personally has interaction with Megan who used to be designated as Marketing women for them and she was awesome with her clear agenda and they did boomed in crypto boom market. Now i think you should wait a little more then invest. The bull is not yet confirmed.
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April 22, 2019, 04:33:00 AM
 #20

I have been watching it for a long time. Now I asked if it was the bottom yet
I checked the POWR chart in April and found it a good time to buy it because it reached the bottom. Trading volume has increased, and this is the signal for growth to begin. I think I will have some investments in POWR, thank you for sharing it here and I think POWR is a potential option.
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