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Author Topic: What do you guys think about this 2 alts?  (Read 702 times)
moneyball (OP)
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September 23, 2019, 01:30:08 PM
 #1

Xtrabytes and Safex?

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September 23, 2019, 03:25:38 PM
Merited by Yatsan (7)
 #2

Xtrabytes and Safex?
I checked XTRABYTES ann thread, They are having some issues I think so I don't recommend this coin (for now), let them resolve their issue first. but they are having progress regarding their project so let's see what is going to happen.
And In terms of trading the volume is too low, actually it can be a dead coin because no traders are trading this coin. So I can say that, don't trade this coin for now.
Their ann thread: https://bitcointalk.org/index.php?topic=5134924.0
coin volume data etc: https://coinmarketcap.com/fil/currencies/xtrabytes/#charts

And For SAFEX , same issue very low trading volume. I don't recommend it for trading purposes.
I also checked their ANN thread. no team update! So I think this one is not good at all.
Ann thread: https://bitcointalk.org/index.php?topic=1258419.280
coin volume data etc: https://coinmarketcap.com/fil/currencies/safex-token/

For me, don't trade low volume coin at all, that is my basis regarding trading
But if you trust their project, then support them.
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September 23, 2019, 03:59:58 PM
 #3

i see chart of both this, from price rising price we can see it look good, because since it list in CMC, already gain than 100%.
but, the problem is why the volume is very low,and listing in the small exchange, i have use coinexchange before, and it good no delay withdraw/deposit
maybe if they try to request list in another exchange,it will develop quickly.
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September 23, 2019, 04:30:54 PM
 #4

Xtrabytes and Safex?

if we comparing both altcoin, maybe xby is better than safex,,
and the team still active to answer and responded all questions on xtrabytes announcements thread in this forum
but, i suggest you to invest in a better altcoin mate, such as ethereum, binance coin or litecoin


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September 24, 2019, 12:37:53 AM
Merited by Yatsan (1)
 #5

I had a big hope on Xtrabytes, this coin looked gem before. But nowadays, their trading volume decreased ridiculously! It seems investors lost interest in Xtrabytes coin. And for Safex, I had no idea about it. But checking their ANN and Cmc, I think this is another shit coun, so ignore it.
Safex is not only a shitcoin but it's also a crap coin. Safex has developed a crap exchange site and it's not clear about what product that has already created by xtrabytes.
Investors will actually move to another platform that has a better future than both of those coins.
I have even dumped my extrabite since january 2018.

It's only traded on a single exchange site and what a joke.

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September 24, 2019, 04:09:11 AM
 #6

Xtrabytes and Safex?
I have never heard of Xtrabyte so I will not talk much about this business.
But for Safex, I think they are going in the wrong direction and have very poor liquidity.
That is not one of the things we should be concerned about, because sooner or later it will be one of the dead coins.

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September 24, 2019, 08:16:05 AM
 #7

Xtrabytes and Safex?

Can you be a little specific which safex you are referring here?

I've seen to project with the same name.

https://coinmarketcap.com/currencies/safex-cash/
https://coinmarketcap.com/currencies/safex-token/

And I also remember in the past there's a project name safex that was delisted from Bittrex and its volume are slowly dropping, don't know which of the 2 or it was also delisted in cmc.

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September 24, 2019, 08:42:40 AM
 #8

Xtrabytes and Safex?

Never heard of them, and I believe it is not the best time to search for perspective tokens at the moment. We are in a very uncertain situation and when the market drops, alts would be the first to renew their bottom.
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September 24, 2019, 09:36:53 AM
 #9

Could have been a good time to look at new coins in March but now we are already up about 3x from that period. And most likely we have to suffer a few retracements in crypto overall before we continue with the recovery. That is also just assuming we really are on an upward trend.

Get into something new if you insist but consider all investments in new projects now to be money dumped.

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September 24, 2019, 10:35:39 AM
 #10

Xtrabytes and Safex?

Can you be a little specific which safex you are referring here?

I've seen to project with the same name.

https://coinmarketcap.com/currencies/safex-cash/
https://coinmarketcap.com/currencies/safex-token/

And I also remember in the past there's a project name safex that was delisted from Bittrex and its volume are slowly dropping, don't know which of the 2 or it was also delisted in cmc.
I think it was the 'token' while the 'cash' doesn't have any other information base on CMC. It has a huge market cap but the volume is dead @ $1,186.

Same goes for xtrabytes as pointed out by panganib99. Instead of investing to both of them or any of them, choose wisely.

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September 24, 2019, 01:16:13 PM
 #11

Xtrabytes and Safex?
The safex has indeed been forgotten. This is a sad thing, and apparently their CEO has given up. they only post bland updates every week, but nothing is noticeable.
I think it died from inside and will soon be removed from CMC.

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September 24, 2019, 01:23:50 PM
 #12

Xtrabytes and Safex?
I never heard both coins xtrabytes and safex.
I don't recommend you to trade on the coins which have a low volume because you will be difficult to make a profit.
It is better to select the coin which has middle until big volume so you can see your chance to make a profit.
Maybe you can choose any coin from the top 100 coins list so you will find the profitable coins.
It is too difficult if you still force yourself to buy and sell those coins and I don't think that you will make a profit from both coins.
But we could only give you advice as you need to decide which coins you want to trade and we could hope that you don't make a wrong selection of the coins.
But even if you choose the big volume of the coin, it doesn't give you a guarantee to make a profit because that will depends on how you trade and your skills in trading.
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September 24, 2019, 01:59:39 PM
 #13

Xtrabytes and Safex?
The safex has indeed been forgotten. This is a sad thing, and apparently their CEO has given up. they only post bland updates every week, but nothing is noticeable.
I think it died from inside and will soon be removed from CMC.
I’ve heard xtrabytes and safex but sadly these coins has not shown any progress in the market. Much better invest on altcoins that are top in the market and continue on developing about the project. Though there is always a risks in crypto so you should be choosing best coins to invest these days.
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September 25, 2019, 11:56:08 AM
 #14

i ment for the long run(hodl) , not for tradding!

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September 25, 2019, 12:23:23 PM
 #15

Xtrabytes and Safex?
Never heard of it so this is not some coin we give attention to it at least now.

There are some really better doing altcoins for you to choose from.

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September 26, 2019, 06:55:08 AM
 #16

I have seen this project called xtrabyte but never seen safex and I am not so sure that I am interested in the safex because I need to research on it and I am quite tired of making lots of research on every project that I come across with to be sure that the project is a viable one, so this leaves me to the option of xtrabyte, with the little that I know of xtrabyte, I think they have a very nice concept and product that will be of real use case.

Their team is perfect to an extent and it might be a good project to hold for a short term, and read my lips, these projects are on good for a shot term trade where you get out on time as soon as you see profit, most of these projects are now like pump and dump coin because investors don’t stay with them again other than top altcoins.  If you are to invest, I would advise top coins and not these ones.

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September 26, 2019, 07:31:51 AM
 #17

Xtrabytes and Safex?

Can you be a little specific which safex you are referring here?

I've seen to project with the same name.

https://coinmarketcap.com/currencies/safex-cash/
https://coinmarketcap.com/currencies/safex-token/

And I also remember in the past there's a project name safex that was delisted from Bittrex and its volume are slowly dropping, don't know which of the 2 or it was also delisted in cmc.
I think it was the 'token' while the 'cash' doesn't have any other information base on CMC. It has a huge market cap but the volume is dead @ $1,186.

Same goes for xtrabytes as pointed out by panganib99. Instead of investing to both of them or any of them, choose wisely.
These two coins/tokens aren't providing good market volume and therefore, we can't expect to have ROI from them. Investors will never turn their heads into like these coins, not we called it shitcoins/tokens but it almost near into that.

And I choose wisely not to put my money with them, it is preferred to be to have those names that already establish good market history and seems to have a big market potentials.

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jossiel
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September 26, 2019, 11:57:20 PM
 #18

I think it was the 'token' while the 'cash' doesn't have any other information base on CMC. It has a huge market cap but the volume is dead @ $1,186.

Same goes for xtrabytes as pointed out by panganib99. Instead of investing to both of them or any of them, choose wisely.
These two coins/tokens aren't providing good market volume and therefore, we can't expect to have ROI from them. Investors will never turn their heads into like these coins, not we called it shitcoins/tokens but it almost near into that.

And I choose wisely not to put my money with them, it is preferred to be to have those names that already establish good market history and seems to have a big market potentials.
Yeah, both of them aren't really giving that good liquidity and volume so whether it's the cash or token none of them are good to invest. I'm interested if OP did invest already on these coins or he's just about to invest. I think if he is about to invest, he should consider the suggestion of everyone here.

But if he's already invested to it, I felt bad for his money but that's it, that's the lesson that he has to learn that never invest to these kind of coins. At least the money he has invested to it taught him but in a harder way.

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didzi
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September 27, 2019, 11:29:05 PM
 #19

Xtrabytes and Safex?

never think about both alts above
but, as i knew both are an old coins, and can survive in all market situations
so, maybe both altcoin is good enough to invest my friend
but invest with your own risk buddy

tukagero
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September 27, 2019, 11:46:22 PM
 #20

Not interested on those coins but we have our own choice when choosing what alts were we gonna put our money, hoping we get successful on the alts weve chosen.

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