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/biz/ - Business & Finance


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5887129 No.5887129 [Reply] [Original]

what's wrong with this coin? I discovered it long time ago, it seemed promising for it's marketcap, which was around 20 MM, traded around 50 sats, so when it fell to 20 sats I bought few hundred thousand. Sold just below 100 sats, but it kept rising. And I feel like this doesn't actually have a reason to rise, except of hype.

Explain.

>> No.5887184

>>5887129
still can't figure out the purpose of this coin

>> No.5887224
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5887224

>>5887184
pic related completely changed my opinion on investments

>> No.5887226

>>5887129
anon, i'm holding a piece of paper. on it, i have written 10 promises and 10 ideas. I am starting the bidding at Tron's marketcap. Highest bidder wins this piece of paper. Go.

>> No.5887240

>>5887129

Hype, just like every IPO, stock or coin ever has increased in value.

>> No.5887315

>>5887224
lol i want to laugh but people have been doingexactly this and making hundreds of thousands

>> No.5887439

This coin, as far as I’m aware, does literally nothing

>> No.5887476

>>5887184
>implying any coin serve a purpose

all cryptos are just speculation and hype, the only reason anyone buys them is to hope they rise in "value"

>> No.5887544
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5887544

>>5887224
>not researching coins

>> No.5887550
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5887550

The great chink god of TRON blesses us with many sats.

>> No.5887654

FFS can't any of you idiots google coins and check their announcements? Go to TRX's Twitter and youll see why it has been rising.

>> No.5887873

>>5887315

I'm about to hit six figures and I still don't know what a blockchain is.

Like people say REQ and Ripple are going to replace paypal and bank transactions or something but I don't really know how they will or why their way is better.

Half these threads are full of buzz words like centralized, decentralized, oracle problem, wraith protocol, etc...

It's all absolutely meaningless to me.

I just invest in whatever /biz/ memes the best and that seems to work.

>> No.5888265

>>5887476
yes, but even bazingacoin has an ultimate function (regardless of how nonsensical that may be). Tron doesn't even bother to explain what they're trying to do properly.

I can't invest in it. I know people invested in it so hope it does well but it isn't for me. I believe in every coin i hold.

>> No.5888494

>>5887873
lol hats off to you man. i rate that.

i've made some awful trades, literally bought high and sold low on a lot of occasions but i'm still somehow comfortably in the money.

if i was in the stock exchange i'd have prob lost half.

what are you in atm?

>> No.5888555

Kickstarter for Justin's wildest dream. To own the internet pretty much. It is the ultimate pajeet coin, but ride the wave while it is hot.

>> No.5888756

>>5888265
It's going to steal millions of people's savings when it crashes suddenly. It's vapor ware. Stay away from it. Nothing will ever materialize from it, even if it gets to #3.

>> No.5888874

I would 100000% cash out right now if I still had it. I had like 400k in tron early december and made a good profit. I am not mad it mooned because this is a fucking nothing coin with so much risk.

>> No.5888879

>>5888756
tron? yeah i read it's not even expected to be ready until 2029 or something.

>> No.5889011
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5889011

Thats really dumb. This coin is going to number 3. Enjoy being a poorfag, Pajeet.

>> No.5889652

I had like 20 million TRON which I sold at 50-60 sats for 100% profit and I feel like dog shit.

>> No.5889900

>>5887873
so honest... yet so true.

>> No.5889951

>>5887129
I have 22K of these coins and i plan to hodl till 2020. Am i going to make it?