JASMY - worth investing?

[JamesDaniel90]

I see a lot of videos on YouTube lately about Jasmy, does anyone know where they hype has come from and if it is worth investing?

I have spent the last 5 months or so buying the dip in coins I already own to reduce my average buy but now thinking of adding a couple to my portfolio while prices are low and wondering if Jasmy is worth it.

See brief description below I have taken from internet.

The Jasmy project: As the first Japanese blockchain project, Jasmy provides a platform that looks to decentralize device and data coordination processes by using unique computing techniques and providing data security. The project offers some interesting data storage solutions for businesses and individuals alike.

[dwminer1]

For me, the project looks quite sensible. Created and managed by people experienced in the business world, it has a lot of supporters, especially in the local Japanese community. Importantly, Jasmy is fully complies with the legal requirements of Japanese legislation, which strictly regulates transactions with cryptocurrencies and is subject to all kinds of financial audits. It certainly gives investors a sense of security. Basically, everything looks nice, except for the price, which drops regularly and is extremely low relative to ATH (ATH = $4.99, current price = $0.006). Certainly, the presence of the token on the world's leading exchanges allows you to think about profit, taking into account the current price, but I have doubts whether it is a good investment in the long term. DYOR.

[Yogee]

I see a lot of videos on YouTube lately about Jasmy,

I have not heard anything on social media. I'm curious how do these people on youtube sound like? I would stay away if they only talk about the positives like a typical salesman would do. It's already a huge red flag if they're somewhat connected to the project.

Another thing you have to look at is if they had a token sale and accepted investors or buyers from the US. You don't want to be bothered by an SEC inquiry or lawsuit in the future hehe.

[o48o]

I see a lot of videos on YouTube lately about Jasmy, does anyone know where they hype has come from and if it is worth investing?

I have spent the last 5 months or so buying the dip in coins I already own to reduce my average buy but now thinking of adding a couple to my portfolio while prices are low and wondering if Jasmy is worth it.

See brief description below I have taken from internet.

The Jasmy project: As the first Japanese blockchain project, Jasmy provides a platform that looks to decentralize device and data coordination processes by using unique computing techniques and providing data security. The project offers some interesting data storage solutions for businesses and individuals alike.

I looked at it and haven't been this confused for a while.

White paper is in Japanese only, which seems weird approach for any future adoption. So i am assuming if you invested you must know some where to get more info.

From the English on their web pages i get that their whole idea seems to be all over the place. I don't have a clue what they have build already and how this Jasmy IOT platform is supposed to work.
Are they giving people a way to sell their customer data as behavior and consumption patterns to companies?

Trying to monetize big data via blockchain isn't anything new but i never got the idea why anyone would be interested on that. If you try to sell your own data via blockchain, how much you think it's going to be worth exactly?

And why is the blockchain even needed for this? Is your customer data really such a high op sec that you need decentralized ledger and military level encryption to protect it? Yet everyone gives it for free for most the phone apps and web pages that can sell it forward without you knowing it.

[blockman]

With all of the hype that I've heard about it, it didn't really go well. Well, it might still be under the radar of many but it's all up to you guys if you think that something good might happen on this. Only those believers in this coin will do much research about it but someone like me, I don't spend a lot of time researching it. I've heard good things about it, but despite that, the market of it also experienced a bear market. It's still on good exchanges so, its volume is being supported by those traders that are into those big exchanges. Btw, looking at their website, it doesn't really tell a lot about the project but the people behind it and its company profile.

[ultrloa]

I see a lot of videos on YouTube lately about Jasmy, does anyone know where they hype has come from and if it is worth investing?

I have spent the last 5 months or so buying the dip in coins I already own to reduce my average buy but now thinking of adding a couple to my portfolio while prices are low and wondering if Jasmy is worth it.

See brief description below I have taken from internet.

The Jasmy project: As the first Japanese blockchain project, Jasmy provides a platform that looks to decentralize device and data coordination processes by using unique computing techniques and providing data security. The project offers some interesting data storage solutions for businesses and individuals alike.

If you think hype all over with it on any social media platforms then have a try since maybe you can earn with investing on it since as you said many people talk about this project. But don't let yourself fall on promises and sell immediately once bullish scenery occurs already since if you let the devs or other investors sell first then maybe you became a bag holder. This cycle repeats so better be wise on investing than be sorry later on.

[huu78]

if the project continues to develop under any circumstances they will continue to develop but it takes time, i see jasmy project doing real development, so in this case let's say jasmy is worth investing in, this is just my personal opinion.

[Slow death]

this is a project that has a very low price even though it is already listed on major exchanges as binance, in my opinion this shows that investors are not seeing this project as a project that will have a high price and for that reason investors are not investing in this project , you need to know what you hope to achieve if you put money into this project, do you believe that this altcoin will one day reach more than 5$? or to 1? if you buy, what profit do you expect to make? 4x, 10x? and how long will you be willing to hold to get such a profit?

when you analyze all this, you will see whether or not you can put money in this altcoin which in my opinion will not have high prices something like 10$ even if years pass

[JamesDaniel90]

Any more thoughts on this?

I now hold 40,000 Jasmy and wondering if I should stop at 50,000 or 100,000.

Apparently there is going to be a lock up in Q4 this year which is supposed to push the price up.

The current price is $0.0063 - price predictions for next years bull run range from $0.20 - $2.00.

Some of the predictions are over the top but you never know, altcoins have pumped over 200x before.

I will be happy with a 10 or 15x though

[cryptoaddictchie]

Any more thoughts on this? ~snipped

In any case the project still is on mid tier level and has a lot of room for improvement. Im not sure how long it will take to fly but when bull season arrived. Surely this could be a multiplier of 10x, 20x and 50x. But you need to take a deep review if the project has several plans for their platform or any form of development been working on to make sure you have been supporting a great team of course.

[JamesDaniel90]

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

[Kelward]

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

I'm really happy for you, despite all odds and the skepticism of investing in new projects, because many of them are scams, you still went ahead to believe and invested in this jasmy project, now it has pumped %100, it's really good. Don't be surprised that it's giving you returns on investment now, when Bitcoin is headed to bull run, it'll activate many coins/tokens to also be pumping, because investors will want to diversify their crypto investments to make more profits, therefore prices will be going up. Investing in projects that is not Bitcoin or top altcoins is risky, but I'm happy for you that the one you invested in is yielding you profit now.

[JamesDaniel90]

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

I'm really happy for you, despite all odds and the skepticism of investing in new projects, because many of them are scams, you still went ahead to believe and invested in this jasmy project, now it has pumped %100, it's really good. Don't be surprised that it's giving you returns on investment now, when Bitcoin is headed to bull run, it'll activate many coins/tokens to also be pumping, because investors will want to diversify their crypto investments to make more profits, therefore prices will be going up. Investing in projects that is not Bitcoin or top altcoins is risky, but I'm happy for you that the one you invested in is yielding you profit now.

You have to take risks a lot of the time to make good money.

I mainly invest in altcoins & my portfolio is +43% currently.

Some of the altcoins I invest in might go to zero, but more will see great returns and outweigh the few that will go to zero.

[MFahad]

I see a lot of videos on YouTube lately about Jasmy, does anyone know where they hype has come from and if it is worth investing?

I have spent the last 5 months or so buying the dip in coins I already own to reduce my average buy but now thinking of adding a couple to my portfolio while prices are low and wondering if Jasmy is worth it.

See brief description below I have taken from internet.

It has created a good history in intitial stage where it's attract whales and gives 10x profit to early investors. Later this tokens lost its value and continue down fall. I don't see any potential in this coins and I think it is same token like other pump and dump. I have seen many times Jasmy coin in Binance gainer list but after some days its again dump to that price where its pumped. I think there is no real potential in this coins. It is better to invest in other coin or invest very small amount and forget it until any miracle happen and its start pumping like memes coins. Currently Jasmy is trading at 0.01$ which is 36% up in 24 hours but after 2 days you will see that price will again dump to 0.008$. If you are active traders then might be beneficial otherwise I don't think you will get profit just by holding for long term

[batang_bitcoin]

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

Since one year ago, it's near to 100% increase. But I am not impressed with its chart. Look at how deep the dip was and I don't think that there will be some recovery that will make it at ATH. With your price target, it's better if you'll decrease it a bit because you'll never know if that will be reached during the altcoins season. The high of it was during the launch time and note that it was also the bull run, so you think if it's going to be able to pass and be on that price.

[JamesDaniel90]

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

Since one year ago, it's near to 100% increase. But I am not impressed with its chart. Look at how deep the dip was and I don't think that there will be some recovery that will make it at ATH. With your price target, it's better if you'll decrease it a bit because you'll never know if that will be reached during the altcoins season. The high of it was during the launch time and note that it was also the bull run, so you think if it's going to be able to pass and be on that price.

Lets see what happens - I think it reaching $0.25 this bull run is possible but I will start taking profits @ $0.05.

[Husires]

For me, such a project is not worth the investment. If the project is highly organized and legal, it will not decrease the ATH by more than 90%. Good projects do not do that and quickly rebound, which is not what happened.

Basically, everything looks nice, except for the price, which drops regularly and is extremely low relative to ATH (ATH = $4.99, current price = $0.006). Certainly, the presence of the token on the world's leading exchanges allows you to think about profit, taking into account the current price, but I have doubts whether it is a good investment in the long term. DYOR.

A decline like this is not promising, and it is rare for the currency to return to 10% of its old levels, so set the ATH to $0.1, and it may happen in a bull market or it may not happen.

[btc78]

Generally you would not want to get your information from youtubers because most of the time they are paid to advertise coins. Even if the coin has no actual potential, they will still try to sell it and only market the positives. Which is why most coins that are mentioned by youtubers or social media influencers are coins that should be stirred away from.

Even though coins are naturally volatile, Jasmy is inconsistent and has really huge dips. Maybe it’s possible to enter the market during the dips and sell once it goes up again because its price increases a lot from time to time. I guess you could find some profit if you trade for short-term with Jasmy.

[JamesDaniel90]

Generally you would not want to get your information from youtubers because most of the time they are paid to advertise coins. Even if the coin has no actual potential, they will still try to sell it and only market the positives. Which is why most coins that are mentioned by youtubers or social media influencers are coins that should be stirred away from.

Even though coins are naturally volatile, Jasmy is inconsistent and has really huge dips. Maybe it’s possible to enter the market during the dips and sell once it goes up again because its price increases a lot from time to time. I guess you could find some profit if you trade for short-term with Jasmy.

We are only 2 months from Bitcoin halving so Bitcoin & altcoins are expected to rise in price soon so will see what the next few months bring.

[batang_bitcoin]

Been a while since I even thought about Jasmy and noticed today it has pumped 100% this last week.

Anyone holding at all? Current price is $0.01 and hoping it can reach at least $0.25 this bull run.

Since one year ago, it's near to 100% increase. But I am not impressed with its chart. Look at how deep the dip was and I don't think that there will be some recovery that will make it at ATH. With your price target, it's better if you'll decrease it a bit because you'll never know if that will be reached during the altcoins season. The high of it was during the launch time and note that it was also the bull run, so you think if it's going to be able to pass and be on that price.

Lets see what happens - I think it reaching $0.25 this bull run is possible but I will start taking profits @ $0.05.

That's possible but the most important part that you must do is to check about taking profits. No matter how high it can be back for this bull run if you don't have target prices then you're mostly wasting your time. And that's the reason why you should check it out upon doing so. So, if it's close to that target price of yours, sell. And as you observe, you have to wait until the right time comes if it's going to exceed on that part or not.