Would you buy a coin that can go ONLY up?

[Bitbtc8]

A crypto project that doesn't rebounds or retrace and just keep surging and surging is a complete shitcoin, the reason for that surging is pump, the shitcoin is been pumped by unknown groups of people and when they finally had enough the whole project will go way down to the point of no return, stay away

[1715434437]

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[1715434437]

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[serjent05]

A crypto project that doesn't rebounds or retrace and just keep surging and surging is a complete shitcoin, the reason for that surging is pump, the shitcoin is been pumped by unknown groups of people and when they finally had enough the whole project will go way down to the point of no return, stay away

This kind of scheme has retracement.  That is when the 90% fee is waived.  During those times a massive dump can be expected.  Sadly this kind of strategy disables the useability of the coins since once a person uses his coin to buy an item, the 90% fee will be implemented making the price of the item increase exponentially.  So, this scheme will certainly fall to manipulated pump and dump scheme authored by the developer himself.

[poldanmig]

You buy altcoins certainly have a reason. whether for trading or long term investment. certainly will benefit later by making long-term investments. consideration of the concept will certainly give us an advantage in the future as many people are interested in investing in cryptocurrency. Nowadays there are so many altcoins that you can choose as an investment or for trading

[SocialBillionaire]

Thank you everyone for the feedback.

Both positive and negative are very useful and appreciated.

A few points:

- It is a shitcoin
- It is a work in progress, things can still change (also thanks to your feedback)
- There is a cycle:

1- You buy low/middle
2- Hold until the SELL fee is decreased (unless you want to lose 90%)
3- Public announcement that the requirements have been met to decrease the fee
4- Sell (if you decide to) when the SELL fee is 0%

5- New announcement that the SELL fee will be reinstated to 90%
6- So you can buy again, and the cycle continues.

Please don't stop commenting, thanks a lot

[wiss19]

This is a simple request for feedback on a project we are working on:

WOULD YOU BUY A COIN THAT CAN GO ONLY UP?


"What do you mean???"

To make it simple:
-  There is a 0-2% FEE on Buy
-  and a 90% FEE on Sell

Well, that’s nice, but having a 90% selling fees? Don’t you think that’s going to discourage a lot of people. Okay I know that you’re doing this because there are lots of people who usually complain about coins like Bitcoin and Ethereum and the rest of them dropping a lot of times, but trust me all those are just making all those noise because they are losing money.

If you introduce this project to all those people they will be avoiding it because first of all they are not sure of whether it will be having a strong use case, and also people want to be able to sell their coins whenever they want to sell it without having any form of obstruction.

[SocialBillionaire]

This is a simple request for feedback on a project we are working on:

WOULD YOU BUY A COIN THAT CAN GO ONLY UP?


"What do you mean???"

To make it simple:
-  There is a 0-2% FEE on Buy
-  and a 90% FEE on Sell

Well, that’s nice, but having a 90% selling fees? Don’t you think that’s going to discourage a lot of people. Okay I know that you’re doing this because there are lots of people who usually complain about coins like Bitcoin and Ethereum and the rest of them dropping a lot of times, but trust me all those are just making all those noise because they are losing money.

If you introduce this project to all those people they will be avoiding it because first of all they are not sure of whether it will be having a strong use case, and also people want to be able to sell their coins whenever they want to sell it without having any form of obstruction.

Thanks for the feedback.

But wouldn't you be happy to invest in something that is sure to go only up?
It's not that you cannot sell, you just need to wait for the cycle to repeat, plus a % of sold gets redistributed to holders.

[tvplus006]

This is a simple request for feedback on a project we are working on...

Due to what such a coin will increase the price? All this is similar to a Ponzi scheme, where the income of the first investors is provided at the expense of those who joined later. What will happen to the coin when it is no longer bought at this price? The price of an ordinary coin in this case decreases, aligning with the demand. But your coin does not provide for a price reduction.

[bonyaserg]

In my experience and in the entire history of my work, I have not seen the coin only grow. Since it is theoretically not impossible for the coin to simply rise and not roll back. So I probably wouldn't buy such a coin. And in the end, this is not a market, but just some kind of nonsense. It is necessary that there be a normal civilized cryptocurrency market for which you need to trade or sell coins.

[bitzizzix]

Hi guys,

This is a simple request for feedback on a project we are working on:

WOULD YOU BUY A COIN THAT CAN GO ONLY UP?


"What do you mean???"

To make it simple:
-  There is a 0-2% FEE on Buy
-  and a 90% FEE on Sell

(via Uniswap/Pancake swap/similar)

Following announcements on the official channels, the SELL fee gets cyclically decreased to 1%.

This decrease would happen if precise requirements are met (work in progress) i.e: the coin reaches x500 the starting price, or every xx days, etc.

It is more complicated, but the idea should now be clear.

Would you be interested? Honest Feedback needed.

Thanks

The purchase price is very good, but the selling price is very annoying and not very good.
because everyone would want their coins to be sold at any time without problems and doubts because the costs are very high and very annoying, even if there are changes we will not wait for that moment.
It seems that none of the coins continue to go up and I know that all coins go up and down even though they tend to go up will definitely decline.

[SocialBillionaire]

Thank you everyone again for taking the time to reply.

It is possible I haven't been super clear in the description:

One critic I see is that "you can buy it, great, but you cannot sell it."

That's not true, you can always sell it. Anytime,

Obviously you would lose 90% due to the fee if you sell during the "90% Fee time" - but this time would endure 1 month only to then be reversed.

Example:

- 25 days with a 90% SELL fee
- Announcement on official channels 5 days before the change
- on the 30th day, the SELL fee is decreased to 1% for 24 hours
- then the 90% SELL fee is reintroduced and the cycle restarts.

The risk of losing the investment is low, because if you buy during the "90% fee time", the price can only go up as nobody is willing to sell and lose 90%

You just need to be careful to follow the period announcements to bank your profit

[Roidz]

What coin only can goes up ? No coin did it. If the buyer and seller is legit there must be up and down. There are always people who want to cash out and enjoy their profit. I my self will avoid coin which only goes up. It does not look healthy growth to me. Even bitcoin, Litecoin, ethereum need to consolidate the price by going down.

The price of Crypto Assets depends on the balance of supply and demand, This is a market law that will continue to apply throughout the ages and When Crypto Assets are popular and there is a lot of demand, the price is likely to go up, Vice versa, if supply is high while demand is low then the price will go down, and it looks like this is very much reversed with what they offer and promises that the coin will continue to rise and to be honest it will be very difficult to do unless they can manipulate the trading market but that also will not guarantee the price of the coin will continue to rise as expected.

[michellee]

Thank you everyone again for taking the time to reply.

It is possible I haven't been super clear in the description:

One critic I see is that "you can buy it, great, but you cannot sell it."

That's not true, you can always sell it. Anytime,

Obviously you would lose 90% due to the fee if you sell during the "90% Fee time" - but this time would endure 1 month only to then be reversed.

Example:

- 25 days with a 90% SELL fee
- Announcement on official channels 5 days before the change
- on the 30th day, the SELL fee is decreased to 1% for 24 hours
- then the 90% SELL fee is reintroduced and the cycle restarts.

The risk of losing the investment is low, because if you buy during the "90% fee time", the price can only go up as nobody is willing to sell and lose 90%

You just need to be careful to follow the period announcements to bank your profit

If we know that "90% fee time", we can buy it, but we will miss that time if we do not know.

Hmm, I feel that it is too risky to buy that coin because the time to buy is unknown and I guess only the team and closest people to the project will know so they can use that time to buy and make a profit.

If the project is like the other project but can give benefits to people or the public, I am sure the project does not have to do like that because people will realize the benefits of the project so that they will buy and sell or use it. That can make the supply and demand will happen.

[Ozero]

Nice idea of ​​a 90% fee from selling   to force people to only hold their coins and I think the value of your coin will increase. But this strategy does not seem to be effective because it seems that investors and traders will not like this condition. it is still better if the coin has many usecases and has real world problem trying to solve.

I don’t think that manipulating transaction costs can make the coin continue to rise in value. If this were possible, I think that this technique would have already been used by others. Artificially holding back the possibility of selling the coin is unlikely to increase demand for it. However, the idea is interesting, I would like to see what happens. True, look only from the outside.

[gaston castano]

sounds like a shitcoin scheme, how can there be a coin that can only go up, and you set a fee of 0.2% then 90% to buy, so you have to make sure someone buys the coins every day, then what if the price has reached 500x times will people continue to buy?

[Jackl87]

Obviously you would lose 90% due to the fee if you sell during the "90% Fee time" - but this time would endure 1 month only to then be reversed.

Example:

- 25 days with a 90% SELL fee
- Announcement on official channels 5 days before the change
- on the 30th day, the SELL fee is decreased to 1% for 24 hours
- then the 90% SELL fee is reintroduced and the cycle restarts.

The risk of losing the investment is low, because if you buy during the "90% fee time", the price can only go up as nobody is willing to sell and lose 90%

You just need to be careful to follow the period announcements to bank your profit

I don't really think that these "mechanics" really help your investment to grow in value. I mean if everyone knows that there are 5 days each month where they can sell their bag without the hefty 90% selling fee, than everyone will just wait for that period and then everyone wants to sell their tokens at the same time which will result in a massive dump. I don't see any advantage in this model over a normal coin that you can sell anytime without a fee and i think you should overthink your model again because in my opinion it only deters new investors.

[acener]

Hi guys,

This is a simple request for feedback on a project we are working on:

WOULD YOU BUY A COIN THAT CAN GO ONLY UP?


"What do you mean???"

To make it simple:
-  There is a 0-2% FEE on Buy
-  and a 90% FEE on Sell

(via Uniswap/Pancake swap/similar)

Following announcements on the official channels, the SELL fee gets cyclically decreased to 1%.

This decrease would happen if precise requirements are met (work in progress) i.e: the coin reaches x500 the starting price, or every xx days, etc.

It is more complicated, but the idea should now be clear.

Would you be interested? Honest Feedback needed.

Thanks

It is hard to tell but base on the fee maybe I would just ignore it at first since the fee for selling is too high,
But as time goes by and I see that it is doinh well I might consider it.
Who doesn't want to invest in a crypto that would only go up?
It is hard to believe right now and I think most of the member would also agree to it.
The way you promote it sounds too good to be true and you know what they say about it  .

[btcltcdigger]

Hi guys,

This is a simple request for feedback on a project we are working on:

WOULD YOU BUY A COIN THAT CAN GO ONLY UP?


"What do you mean???"

To make it simple:
-  There is a 0-2% FEE on Buy
-  and a 90% FEE on Sell

(via Uniswap/Pancake swap/similar)

Following announcements on the official channels, the SELL fee gets cyclically decreased to 1%.

This decrease would happen if precise requirements are met (work in progress) i.e: the coin reaches x500 the starting price, or every xx days, etc.

It is more complicated, but the idea should now be clear.

Would you be interested? Honest Feedback needed.

Thanks

So why would anyone buy it if they would lose 90% when selling it?

Doesnt make any sence, and yes, looks like a shitcoin

[meldrio1]

Lol 90% fee on sell? how can I make profit of that coin if the trading fee is high.. I definitely not to buy that coin. Better to buy in the top altcoins than that shit coin.

[MFahad]

Lol 90% fee on sell? how can I make profit of that coin if the trading fee is high.. I definitely not to buy that coin. Better to buy in the top altcoins than that shit coin.

Buying top altcoins with good marketcaps are also less risky ones to buy and there is very less chances of such coins to dump forever. Shitcoins may pump for sometime but there is always a chance that developers of those coins may leave the project making that coin price close to zero forever.

[Kayum10029]

Not at all because it's not like I can buy tokens only when the market rises.  The market does not always move in the same rhythm.  Although the market is at its peak today, it cannot be said for sure that it will not go down tomorrow.  So I can always trade tokens at any time in any position.