KEY (Slelfkey) good to invest ?

[crypto1998]

Hi guys
do u think KEY good to invest at 19 satoshi ?
https://www.binance.com/en/trade/KEY_BTC
https://coinmarketcap.com/currencies/selfkey/

KEY chart in binance

[Nadziratel]

Hi guys
do u think KEY good to invest at 19 satoshi ?
https://www.binance.com/en/trade/KEY_BTC
https://coinmarketcap.com/currencies/selfkey/

My suggestion is that you should not buy BTC-based cryptos that are of low satoshi value, such as KEY.
You should look at ETH/USDT pairs for example. I am sure you can find more profitable way.

[shinratensei_]

Hi guys
do u think KEY good to invest at 19 satoshi ?
https://www.binance.com/en/trade/KEY_BTC
https://coinmarketcap.com/currencies/selfkey/

It's not a good coin as the volume is really low and so many sell orders in the market that was creating a big resistance. Selfkey is not very impressive and the product is not profit-oriented product. I guess you should move to another coin.

My suggestion is that you should not buy BTC-based cryptos that are of low satoshi value, such as KEY.
You should look at ETH/USDT pairs for example. I am sure you can find more profitable way.

What's different when OP is replacing it with https://www.binance.com/en/trade/KEY_USDT
The price of USD for such coin depends on the price that already generated by bitcoin pair market and it doesn't affect a lot. But to avoid the volatility and choose USD pair will much better.

[crypto1998]

i disagree with that because KEY supply is low and also if you check it chart 1D and 1W in binance



it hit 69 satoshi a few weeks ago anyway i bought it at 19 and o set my order at 32 if i see that
it will fall i will sell it at 19 but i don't think so today KEY listed in Bitfare exchange maybe that can
make price raise

[bassbity]

I am not attractive enough to invest in KEY at 19sat because the wall is very big so it is difficult to get profits from this trade, you are better off looking for other coins in Binance with large volumes so to get very close profit.
But it doesn't matter as long as you hold it strong and I think it will take a long time to move the market.

[DaMut]

i disagree with that because KEY supply is low and also if you check it chart 1D and 1W in binance



it hit 69 satoshi a few weeks ago anyway i bought it at 19 and o set my order at 32 if i see that
it will fall i will sell it at 19 but i don't think so today KEY listed in Bitfare exchange maybe that can
make price raise

you were asking a question but when people answered it you disagree with them. do not tell me this is another shill strategy because the price shot up to 69 satoshis a few weeks ago?
there are other projects that have a similar chart with this one and have a decent volume(theta for example).

[Nadziratel]

My suggestion is that you should not buy BTC-based cryptos that are of low satoshi value, such as KEY.
You should look at ETH/USDT pairs for example. I am sure you can find more profitable way.

What's different when OP is replacing it with https://www.binance.com/en/trade/KEY_USDT
The price of USD for such coin depends on the price that already generated by bitcoin pair market and it doesn't affect a lot. But to avoid the volatility and choose USD pair will much better.

BTC pair can be different value than others. Because, it is about rates.
For example;

Assume 1 BTC = $8000,00
10 satoshi= $0,0008
11 satoshi= $0,00088   

So if you want to buy a coin worth 11/12 satoshi (1 Million)

You have to pay for it 11 satoshi * 1 million =0,11BTC
 And if you want to sell it; you can only get 0,10BTC
(because 10 sats bid, 11 sats asks)
You will start with 80$ loss.

But you can buy this coin with USD pair, $0,00082, and you may sell it $0,00081
So you will start with 10$ maybe less than that.


That is, because the value of Bitcoin is high, the BTC pair and coins with low satoshi value can sometimes be risky. Sometimes it can also be advantageous. We need to evaluate this.

For example, I could always see these and similar differences when trading with BTC in NPXS. I have repeatedly purchased NPXS with ETH pair and sold it with BTC. So I made a significant profit. I think Binance has already removed the BTC pair for this reason.

[nutriagrigia]

I can only say that according to technical analysis, there may now be a good point to buy this coin. The price is now very low if you want to buy this coin for the long term. if you want to buy in order to make money quickly, I would wait a bit when the situation with the bitcoin exchange rate becomes more clear

[crypto1998]

agree i think it can hit at least 30 - 35 satoshi in less then a month

agree i think it can hit at least 30 - 35 satoshi in less then a month

[ChrisPop]

If you buy with BTC track your investment performance in BTC and not in USD. What I would suggest if you want to invest in altcoins is to create an altcoin portfolio and don't put all the risk into a single on like KEY. The volume on the altcoins is low so is the liqudity. These characterics make these markets very easy to pump and dump. In my opinion the alts that are over 90% below their ATH have much bigger potential because they have survived a strong bear market and they might be putting bottoms here and there.

[crypto1998]

If you buy with BTC track your investment performance in BTC and not in USD. What I would suggest if you want to invest in altcoins is to create an altcoin portfolio and don't put all the risk into a single on like KEY. The volume on the altcoins is low so is the liqudity. These characterics make these markets very easy to pump and dump. In my opinion the alts that are over 90% below their ATH have much bigger potential because they have survived a strong bear market and they might be putting bottoms here and there.

true bro i get some of KEY at 19 sat i hope it will give me good profit in next few weeks 

[tabas]

IMO.
I would avoid buying coins like this for now. It's better to focus lately to BTC/USDT pairs because bitcoin is moving like a beast. Drops fast and recovers fast.
But anyway, good luck to your trade.

[piebeyb]

as a trader it looks like from the chart images above, KEY has been pumped, in the trading dictionary that I use is not good to buy altcoin that has been pumped before it will knock you down, you should find it safe to go to another altcoin, I don't have any more funds to participate, I already bought some ETH for today

[crypto1998]

i bought KEY yesterday at 19 sat and i sold it with 20 and today i found it hit 23 sat bad luck hhhhh 

[crypto1998]

uppppppppppppppp

[janggernaut]

uppppppppppppppp

What is the reason this thread should got bump again? You said you have sold those token for 20 sats while you bought it for 19 (few posts before you even confidence if it would be hit 30-35 sats, why did you sold it for 20 sats? You only profited 1 sat from each of KEY).
Anyway, i don't find any valid reason to invest on KEY until now. Especially after big dump happened