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Author Topic: SUMO - Last good time to buy?  (Read 286 times)
Germining (OP)
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June 17, 2020, 06:20:24 AM
 #1

Hey guys,

What are your thoughts about SUMO? A lot of stuff happened since the ATH in early 2018 (around 11$, 70k sat). The work went on, the HR is high for a CN based coin (Monero fork) and keeps around 25 to 35MH...

There was some price action in early 2020, the price now is around 700 sat, which still is about 300% from ATL...

A nice Android-Wallet was released some time ago which makes storing coins super easy and the github is pretty active.

IMHO all this project needs to explode is a bit of attention... with all the stuff going on, this seems to be just around the corner...

Invest just a little may bring a good profit after a mid to long term hold.


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June 17, 2020, 06:33:17 AM
 #2

I see this project is not very active in providing updates on social media, even I can't see the telegram group they provide on the website. So in my opinion don't expect too much from this coin.
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June 17, 2020, 06:44:10 AM
 #3

Hm? IMO twitter, reddit  bitcointalk and telegram are not to bad.

But I see, the link to TG really is broken! This will be fixed ASAP, thanks!

Here is the working link in the meantime  Smiley

https://t.me/sumokoinofficial

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June 17, 2020, 09:52:18 PM
 #4

Hey guys,

What are your thoughts about SUMO? A lot of stuff happened since the ATH in early 2018 (around 11$, 70k sat). The work went on, the HR is high for a CN based coin (Monero fork) and keeps around 25 to 35MH...

There was some price action in early 2020, the price now is around 700 sat, which still is about 300% from ATL...

A nice Android-Wallet was released some time ago which makes storing coins super easy and the github is pretty active.

IMHO all this project needs to explode is a bit of attention... with all the stuff going on, this seems to be just around the corner...

Invest just a little may bring a good profit after a mid to long term hold.

- snip -

i have no idea about this coin and i never learn about sumo buddy
anyway when i see coinmarketcap, the rank from this coin is about 833 and thats too risky for me if i drop my money in this coin
thanks

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June 17, 2020, 11:49:42 PM
 #5

Hey guys,

What are your thoughts about SUMO? A lot of stuff happened since the ATH in early 2018 (around 11$, 70k sat). The work went on, the HR is high for a CN based coin (Monero fork) and keeps around 25 to 35MH...

There was some price action in early 2020, the price now is around 700 sat, which still is about 300% from ATL...

A nice Android-Wallet was released some time ago which makes storing coins super easy and the github is pretty active.

IMHO all this project needs to explode is a bit of attention... with all the stuff going on, this seems to be just around the corner...

Invest just a little may bring a good profit after a mid to long term hold.

If someone can take some gamble to invest on then its their choice but for my part, i would still skip out altcoins now even they do show off some progress or updates.
Im done with it since from year 2017 after the bull run.Im not saying i totally hate it but in most cases these are just temporal aspects of pumps but sooner or later
these will just dump to death.If you do talk about good time to buy? then i would say that it wont be worth the risk specially if it able to hit up 300% from its ATL.
If you dont like to get caught with the FOMO then better sit down and let it go.

R


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June 18, 2020, 02:24:01 AM
 #6

@Germining. Aeon might also be a cryptocoin to your liking hehehe. Also a Monero fork maintained by 2 Monero developers, lead developer smooth and Monero Research lab developer stoffu.

In any case, someone is presently pumping it. We do not know who it is or they are however. I speculate that it might be a miner's pump.

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June 18, 2020, 02:31:53 AM
 #7

@Germining. Aeon might also be a cryptocoin to your liking hehehe. Also a Monero fork maintained by 2 Monero developers, lead developer smooth and Monero Research lab developer stoffu.

In any case, someone is presently pumping it. We do not know who it is or they are however. I speculate that it might be a miner's pump.

He'd been shilling for this coin for a long time. If its someone who pumped this coin, it should be time for Germining to dump his coin. I wouldn't know this coin with him shilling for it, there is no one else I have seen in the forum who does it.


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June 18, 2020, 05:03:15 AM
 #8

Sumo coin? Hm, I don't have any prediction about that coin, but maybe I will take a look at the coin later. But I still prefer the other coins, which can be a potential coin that can increase in the next bull run. You have so many potential coins at the market which you can buy right now, but if you still choose that coin, then I suggest to analyze more before you buy because no matter what, the altcoin will more fluctuating if bitcoin price is down.

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June 20, 2020, 06:06:55 AM
Last edit: June 20, 2020, 06:17:27 AM by Germining
 #9

@bbc.reporter: I know about AEON of course. An old XMR fork Smiley (I guess I know all of them, since I am into privacy coins obviously lol.)  And I know stoffu too, hat many talks and fights with im in 2017/18  Grin

@bittraffic: I am part of SUMO's team, I update our ANN. And from time to time, I also like to open a new topic to get some new talk going. You should not estimate when I dump my bags ... this is a silly thing to do. I bought my first SUMO for 0,05$ in 2017 and did not even sell a single one at the ATH (11$) in early 2018... I don't trade, I don't hold any other coins. I got a good bag of SUMO in the meantime and am happy holding it for as long as I please  Smiley

@michellee: well.... SUMO made a x10 just two or three months ago WITHOUT any bullrun needed ... maybe just take a look and see. But If you get into it, do it for the privacy it gives you... This is why it is a real gem.

A solid XMR fork ... one that still has privacy as it's main purpose. We won't ever add anything to the code just to follow trends, if it does harm the privacy of our blockchain in any way ... So no stacking, no smart contracts or other bullshit  Grin

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June 20, 2020, 04:10:39 PM
 #10

Hm? IMO twitter, reddit  bitcointalk and telegram are not to bad.

But I see, the link to TG really is broken! This will be fixed ASAP, thanks!

Here is the working link in the meantime  Smiley

https://t.me/sumokoinofficial

You sound as though you are a part of the project or you are just an exciting supporter of this project who just want to see the project succeed, I think nowadays, it is good to widen our scope of looking for some potential project that can bring good profit long-term,
Probably this could a good one to look at, nowadays there aren't much good and cheap coins out there, most of them don't have the potential to grow big, only for temporary profit.

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Germining (OP)
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June 22, 2020, 07:51:21 PM
 #11

SUMO's fundamentals are very good, but their marketing team is not good enough to make SUMO be set aside,
if SUMO listing on Huobi maybe this coin will be very strong

It is 2020 mate. Not all is about EXCHANGES! But look on how many we got. We go for the moon, but there need to be steps made before on reaches it  Cool

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Germining (OP)
Sr. Member
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Activity: 778
Merit: 252



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June 22, 2020, 07:51:54 PM
 #12

Hm? IMO twitter, reddit  bitcointalk and telegram are not to bad.

But I see, the link to TG really is broken! This will be fixed ASAP, thanks!

Here is the working link in the meantime  Smiley

https://t.me/sumokoinofficial

You sound as though you are a part of the project or you are just an exciting supporter of this project who just want to see the project succeed, I think nowadays, it is good to widen our scope of looking for some potential project that can bring good profit long-term,
Probably this could a good one to look at, nowadays there aren't much good and cheap coins out there, most of them don't have the potential to grow big, only for temporary profit.

Part of the project AND exciting supporter Smiley

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