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Andrews193
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August 22, 2020, 02:05:32 PM
 #41

YFI only has a very small total supply, only 30000 coins, and has entered Binance, of course this is good for YFI supply circulation,
if you want to invest, wait until the moment Bitcoin is bullish, and YFI will exceed the price of BTC
I think we should still focus more on bitcoin would be better because YFI as an anonymous token and goes the Defi trend, regardless of any other good exchange it is listed on, we still shouldn't overestimate it when a good start doesn't mean a good end. Evidence that is easy to see is probably that a lot of tokens have been removed from binance in a short time, they only have initial outstanding moments, long-term maintenance is impossible with a team and the idea is too weak

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XIOT30000 (OP)
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August 22, 2020, 03:45:06 PM
 #42

Thank you for your patience
bayu7adi
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August 22, 2020, 03:54:35 PM
 #43

~snip~
My friend told me that he can reach $30000
~snip~
What is your friend's name so that he can guess the price of a coin with such a terrible percentage?
When you believe more in what your friend says, then you believe and you do what your friend says, which is buying the coins ...
After several years of waiting, it turns out that the price never goes up, it tends to go down. Who is hurt?

Use math first when you want to buy coins, and throw away your emotions so you don't choose the wrong choice
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August 22, 2020, 04:00:54 PM
 #44

I just learned that it turns out that there is still a coin that has a low supply and usually a low supply of coins is likely to have a high selling price. but this is only logically or deduces from the amount of coin supply. for the price issue I think it depends on market demand or rather only time can answer.


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popeye95
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August 22, 2020, 05:23:41 PM
 #45

I don't want to say whether your friend's prediction on the price is wrong or right. Just a piece of advice when making a decision on crypto: Do you own research on the risk involved and don't let anyone making a decision for you. Both XIOT and YFI is the very high-risk crypto and you should take any prediction for them with a grain of salt, much less than $30000 per coin.
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August 22, 2020, 05:41:15 PM
 #46

I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000
https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

This is a common behavior of many crypto traders. When the hype of a new coin is created in the market, they sell their potential coins and jump into that hype coin. Bigger targets are mentioned when the pump group needs dump money. You should not decide to buy coins believing in this target. And if someone buys that which is considered a wrong decision. They will realize later that they made the wrong decision.

The low supply of these coins does not mean that the price of these coins will go up. Less supply will not help if there is not enough demand. So good projects should be seen without running after hype.

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August 22, 2020, 05:44:47 PM
 #47

OP, your friend presumption was absolutely right because the token have a limited total supply of 30,000 which is almost reach and once it reached there will be higher demand of FYI in the market. However, the limited supply doesnt justify the future price range of the market cause anything can happen in crypto market.

Is your friend a crystal ball or a whale planning to do a painful pump & dump soon?

The dump can happen but YFI seems to have the smallest total supply which is the reason why it experiences a ridiculous surge in price.

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August 22, 2020, 06:43:38 PM
 #48

I bought Xiot from uniswap. The total amount is only 5000 pieces. The current price is $600 and the highest has reached $800. My friend told me that he can reach $30000

https://beta.uniswap.info/token/0x31024a4c3e9aeeb256b825790f5cb7ac645e7cd5

you should not invest in altcoins or anything in this world based on the opinion of friends. you should always do a lot of research on your own and determine whether it is worth taking the risk of investing your precious money or not, for example now Xiotri (XIOT) has dropped to $375 (-35%) and that is just the beginning because it can fall further and you are already losing money with this price drop because I am assuming you bought it for $600. about reaching $30,000 Is an illusion, forget it



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August 22, 2020, 06:46:55 PM
 #49

Anything is possible in the cryptocurrency market and that's what appeals to everyone. In my opinion it is very difficult for this coin to go up to 3000 $, 3000 $ is a very large number and very difficult for any coin to be able to achieve at this moment.
However if you have already invested in this coin you should have confidence in it.


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August 22, 2020, 06:53:43 PM
 #50

Anything is possible in the cryptocurrency market and that's what appeals to everyone. In my opinion it is very difficult for this coin to go up to 3000 $, 3000 $ is a very large number and very difficult for any coin to be able to achieve at this moment.
However if you have already invested in this coin you should have confidence in it.
From $600 to $30k is a 50x straight and is a very difficult thing to achieve even for bitcoin that is struggling at $12k. I don't think that even $3k is possible for it to reach as this coin is only a short term coin and after a few months it will be close to dead and after an year it will be delisted from the exchanges, so until then you can earn whatever you can by creating HYPE on forums and just prey that more users buy this coin, only then OP will be able to make good amount of profit from it, right now it has fallen to $400 and its just a single day fall of the price, after one month I think it will be below $100.

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August 22, 2020, 06:57:02 PM
 #51

Anything can happen in the crypto world.. Just like watching yfi go from $31 to $13000, no one knows what the xiot team plans are and how they intend to grow the project.. If yfi can reach $13000 then any project can do same or better. All I can say is if anyone is investing in present tokens, they should do that with caution.

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