Compound (COMP) to the ATH price, this is a profitable token?

[yupi84crypto]

Many investors are no longer interested in investing in altcoins, because they think altcoins are not profitable. But if you study about
Compound (COMP), you will be surprised by its performance, I am among those who are surprised to see the Compound movement.
From 2018 until now the prices continue to rise. Even in 2020 it reached an all time high price of $ 241, so Compound (COMP) is one
example of investing in altcoins that are still profitable. I heard the latest news from Compound (COMP) will soon be listing on the
coinbase exchange, if there really is a Compound (COMP) price will go up. So are you interested investing in Compound (COMP) tokens?

[nicecrypto]

This coin has really gain such high price here lately, many investors will be so happy with their investment, in this difficult time is hard to see to see any project with %10 increases in price this present time, good to see a project doing well even amidst bear market.

[cryptofirm]

Many investors are no longer interested in investing in altcoins, because they think altcoins are not profitable. But if you study about
Compound (COMP), you will be surprised by its performance, I am among those who are surprised to see the Compound movement.
From 2018 until now the prices continue to rise. Even in 2020 it reached an all time high price of $ 241, so Compound (COMP) is one
example of investing in altcoins that are still profitable. I heard the latest news from Compound (COMP) will soon be listing on the
coinbase exchange, if there really is a Compound (COMP) price will go up. So are you interested investing in Compound (COMP) tokens?

wow, compound coin will be on coinbase exchange soon ?
thats really great news buddy
but, would you like to show me a link to the news above my friend

[Kelvinid]

Yeah, I saw a great spike happening on this coin https://coinmarketcap.com/currencies/compound/ but I'm worried so much for this is just only been hyped by the team. Now, a big challenge on how this could sustain for many days without a drop.

This is what investors are doubtful in investing altcoins (especially new coins) for the reason the there are no sustainable market gains but just a losing ends. We can't blame them either as they( most) are suffering such trick, the pump and dump group who are the cause for this( most probably).

[coinswebid]

Yeah, I saw a great spike happening on this coin https://coinmarketcap.com/currencies/compound/ but I'm worried so much for this is just only been hyped by the team. Now, a big challenge on how this could sustain for many days without a drop.

This is what investors are doubtful in investing altcoins (especially new coins) for the reason the there are no sustainable market gains but just a losing ends. We can't blame them either as they( most) are suffering such trick, the pump and dump group who are the cause for this( most probably).

thats impossible for any altscoin to sustain for many days without a drop mate
because market will not always grow, a correction or maybe a reversal will coming soon or later
anyway just knew about this coin from this thread and when i see on CMC this coin listed on my favourite exchange in the past called poloniex

[electronicash]

Yeah, I saw a great spike happening on this coin https://coinmarketcap.com/currencies/compound/ but I'm worried so much for this is just only been hyped by the team. Now, a big challenge on how this could sustain for many days without a drop.

This is what investors are doubtful in investing altcoins (especially new coins) for the reason the there are no sustainable market gains but just a losing ends. We can't blame them either as they( most) are suffering such trick, the pump and dump group who are the cause for this( most probably).

thats impossible for any altscoin to sustain for many days without a drop mate
because market will not always grow, a correction or maybe a reversal will coming soon or later
anyway just knew about this coin from this thread and when i see on CMC this coin listed on my favourite exchange in the past called poloniex

well its possible now. can't possibly learn when it will hit the peak since it doesn't yet have a chart but right now i'm sure there are investors who already are swapping their tokens back to ETH. but this project offers 8% compound interest? i'm not sure if its true but its what some users said on their channel. quite attractive like bitconnect   some defi projects had also spike up to hundred percent since may so this much be the new trend by now.  i might expect to other projects DJED and JUST i guess?

[Quidat]

Many investors are no longer interested in investing in altcoins, because they think altcoins are not profitable. But if you study about
Compound (COMP), you will be surprised by its performance, I am among those who are surprised to see the Compound movement.
From 2018 until now the prices continue to rise. Even in 2020 it reached an all time high price of $ 241, so Compound (COMP) is one
example of investing in altcoins that are still profitable. I heard the latest news from Compound (COMP) will soon be listing on the
coinbase exchange, if there really is a Compound (COMP) price will go up. So are you interested investing in Compound (COMP) tokens?

I wont still touch any altcoins for the moment specially to those who are on low rank or low cap ones.I dont say that COMP is shit but majority actually is.Towards into your question if this one is worth to invest on?
then it depends on a certain individual, if you do saw that this coin do keep its pace of rising price since from 2018 until now then thats a valid indication that this one might be good among others but doesnt give out
that kind of guarantee that you are dealing with a good thing.Always take precautions when throwing up some money into alts because it is way more worth if you do just simply put those funds in btc and hodl rather than
risking into something which you arent sure about.

[L A R A]

Yeah, I saw a great spike happening on this coin https://coinmarketcap.com/currencies/compound/ but I'm worried so much for this is just only been hyped by the team. Now, a big challenge on how this could sustain for many days without a drop.

This is what investors are doubtful in investing altcoins (especially new coins) for the reason the there are no sustainable market gains but just a losing ends. We can't blame them either as they( most) are suffering such trick, the pump and dump group who are the cause for this( most probably).

Today Compound experienced a significant decline after yesterday experienced a very large increase
I think this decline will continue, given that the increase has persisted for several days

[Review Master]

It's really good for those investors who invest in Comp Tokens. But it's a matter of concern that its price is to much high  if anyone compare the circulation supply ratio between Maker and Compound. From the details of CMC, Compound's circulation is 2.5x more than Maker and according that compound might maintain $200 ( in terms of usd ). And as of now, we can see a fallback from the high price of $381. So, everyone must be concerned about this and do their trade after researching properlly.

[jacafbiz]

Yeah, I saw a great spike happening on this coin https://coinmarketcap.com/currencies/compound/ but I'm worried so much for this is just only been hyped by the team. Now, a big challenge on how this could sustain for many days without a drop.

This is what investors are doubtful in investing altcoins (especially new coins) for the reason the there are no sustainable market gains but just a losing ends. We can't blame them either as they( most) are suffering such trick, the pump and dump group who are the cause for this( most probably).

Today Compound experienced a significant decline after yesterday experienced a very large increase
I think this decline will continue, given that the increase has persisted for several days

I never beleive the price would pump this much, this correction is going to happen and we are likely going to see another around of FOMO, but some people would be burned getting in late because if they learn anything  from history, you don't FOMO into a project because there would always be a time to buy

[coingecko]

Full details on all exchanges that trades COMP including decentralized ones like Uniswap can be found at https://www.coingecko.com/en/coins/compound#markets

[giammangiato]

I read that COMP was listed on coinbase and coinbase pro the 22 june. After his listing the price increased a lod, this is "coinbase listing effect". He went from 97$ to 224$ (the price today). It's a very good and sostenible project, maybe a bit late for invest in it.

[TastyChillySauce00]

This coin has really gain such high price here lately, many investors will be so happy with their investment, in this difficult time is hard to see to see any project with %10 increases in price this present time, good to see a project doing well even amidst bear market.

That will be only for the early investors but there will always be a party who will be losing their money caused by the latest dump that's happening with compound. You must see the latest chart and you will say the different thing after that.

[qiwoman2]

I know there is a lot of money now locked in DEFI projects, but some seem a little bit dubious for me and the rate that compound went up in the last few weeks scares me a bit to enter this specific project. I saw it suddenly at no 20 on CMC but because it already mooned so high I don't think I will be touching it. I am looking at other smaller cap coins for the potential to earn long term. I think COMP is something for those who want to gamble and make fast money, which they can lose also  just as fast.

[Natalim]

It's still stable until now and it's backed with a good trading volume so I think this coins is going to show some bullish moments to us.
Look at the graph, it might be going uptrend and break its ATH.



WHAT ARE YOUR THOUGHTS?

[cabron]

$380 is its ATH. Too huge for an altcoin but its no ordinary altcoin because its built for DEFI lending. Big investors must have been buying more of it when it first introduced to them. Did the trading of the project start just this month and wouldn't it be surprising to see coins going up while the all else coins are being shoved down?
This market had really made people lose their money and this Compound could also potentially lose money of the late investors.

[nelson4lov]

$380 is its ATH. Too huge for an altcoin but its no ordinary altcoin because its built for DEFI lending. Big investors must have been buying more of it when it first introduced to them. Did the trading of the project start just this month and wouldn't it be surprising to see coins going up while the all else coins are being shoved down?
This market had really made people lose their money and this Compound could also potentially lose money of the late investors.

I also think that the price is a little to high for an altcoin. It's the most expensive token  the top 25 cryptocurrencies after Bitcoin. It's currently trading for about $250. It's also listed on Binance, coinbase and kucoin and I think it has a lot of room to grow in the next couple of weeks or months.  The way I see it, it might follow a trajectory path just like $LINK did. Compound protocol 's community is active now so I'm not surprised that it's getting super hyped. Their development too is right on track.

[_IRMAN]

It's still stable until now and it's backed with a good trading volume so I think this coins is going to show some bullish moments to us.
Look at the graph, it might be going uptrend and break its ATH.

~

WHAT ARE YOUR THOUGHTS?

Some large exchanges are interested in COMP listings in their exchanges, such as KuCoin and it seems that is what makes the price rise again, even exceeding the ATH.

[andra73]

Some large exchanges are interested in COMP listings in their exchanges, such as KuCoin and it seems that is what makes the price rise again, even exceeding the ATH.

very impressive indeed. I even think that some other big exchanges will soon have COMP on their list. looking at potential assets, of course, it will help increase trade to quickly rise.

[dragonvslinux]

I think Compound will be a good investment long-term, due to the interest gained in borrowing and the money that *can* be made from lending. It's an obvious win win situation for those who want passive income from locking up tokens in order to lend them, and the degenerate gamblers who want to borrow more than they can afford to lose, who then get completely rekt.

However, the price needs to come back down to reality in my opinion. In the past, we've seen these ICOs and highly speculative projects lose upto 80-90% of their value from their initial opening price. While given the "relative" stability in the market right now, this might not occur, but I wouldn't be interested until I saw at least 50% under ICO price personally. Or at least some clear end to the latest downtrend that has developed. Buying it now would be foolish in my opinion, the risk is way too high (as is the price). Price will need to hold the 0.236 - 0.382 levels around $150-200 in order to move higher, otherwise expect a full retrace to it's opening price and lower lows.



Somewhere around $40-50 looks good to me, that would be around half from it's opening price, and about 80-90% down from ATH. Sounds about right to me, dyor.