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Author Topic: POWR Power Ledger can be the next big thing  (Read 100 times)
Pffrt
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February 06, 2020, 05:16:29 AM
 #1

I am checking some of the coins to pick 3/4 altcoins for investment. Among them, it seems POWR to be very interesting. I have not heard about it before. Anyway, couple of hourse ago, they had a great partnership with Alpheria spa, Italy's one of the largest electricity utilities. How much it can affect the price? There's another big annoucemnet coming on March as well. Please put tour opinion for short term investment like 1 month or so.
https://www.powerledger.io/article/power-ledger-wins-contract-with-one-of-italys-largest-green-energy-utilities/
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plast555
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February 07, 2020, 01:52:16 AM
 #2

I am checking some of the coins to pick 3/4 altcoins for investment. Among them, it seems POWR to be very interesting. I have not heard about it before. Anyway, couple of hourse ago, they had a great partnership with Alpheria spa, Italy's one of the largest electricity utilities. How much it can affect the price? There's another big annoucemnet coming on March as well. Please put tour opinion for short term investment like 1 month or so.
https://www.powerledger.io/article/power-ledger-wins-contract-with-one-of-italys-largest-green-energy-utilities/

Nice to see a question about Power Ledger it reminds me older days as I have participated in their crowd sale back in Sept-Oct 2017 but sold it later during the bear market. Their project is about decentralizing the power especially renewable energy where most of them will have a solar panel on their house so it would be like selling the unused power to the nearby households and there are other cool things are there to look into. The team is based in Australia and has several good partnerships in other countries. But to be honest I don't hold any POWR tokens now and not following the project for more than a year now not because of the project it's because of the market conditions.

I would prefer sticking with the top 30 for the alts in terms of liquidity and volatility and exposure among the investors. Avoid investing in the small-cap coins as the volatility would be very high so as the risk.
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February 07, 2020, 02:19:11 AM
 #3

There's another big annoucemnet coming on March as well. Please put tour opinion for short term investment like 1 month or so.
https://www.powerledger.io/article/power-ledger-wins-contract-with-one-of-italys-largest-green-energy-utilities/

Power Ledger made tons of big announcement before and that's why the price skyrocket during 2017 crypto bull run. But right now, many of there token holders already flip
there tokens and buy new potential token. You can see that on the trading history of POWR. The trading volume was tremendously decrease and the current price is a bit
below on the ICO price.

Power Ledger is a great project and have a solid team but the problem is the utility token itself. Project success can't drive up the Token valuation since the price
will be base only how will other investors valued the token. So if ever no new investors buy token then the value still the same no matter how much the achievement
of the project compared to Security Token that the company is obligated to distribute dividend to all token holders.

It's not bad to short trade POWR since it's price is a bit oversold when you view the overall chart of it. But always trade with extreme caution. I lose hope on all utility token though.

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pakhitheboss
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February 07, 2020, 02:32:59 AM
 #4

I am checking some of the coins to pick 3/4 altcoins for investment. Among them, it seems POWR to be very interesting. I have not heard about it before. Anyway, couple of hourse ago, they had a great partnership with Alpheria spa, Italy's one of the largest electricity utilities. How much it can affect the price? There's another big annoucemnet coming on March as well. Please put tour opinion for short term investment like 1 month or so.
https://www.powerledger.io/article/power-ledger-wins-contract-with-one-of-italys-largest-green-energy-utilities/

It is a good project but in the present market condition it will be risky to invest in a project that is not ranked within the top 50. For short term profit it is better to stick to old guns rather investing in a new one.

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Pffrt
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February 07, 2020, 02:24:20 PM
 #5

I lose hope on all utility token though.
I have read a lot of info about this project. To be honest, very few projects have such a good team and activity. They have done a lot of partnership as you said. May be this will be one of the top coins in near future. I am thinking of their upcoming annoucement of March, it can bring some good pump. Hence, I am thinking of preparing.
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