Emercoin (EMC) - medium term investment opportunity
Emercoin's price seems to be moving in waves, always dropping to the bottom. It should be possible to make a 5x profit after a half a year waiting period, buying at 16,000 sats and selling at 70,000 sats.
It won't reach the 16,000 sats price level for a few months, but it's good to keep an eye on it and know to buy it. I don't recommend investing more than a small portion of your portfolio in it (5% at most), as it's still a brand new coin with an uncertain future.
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This coin is pure speculation at this point in time. No one can say how it will do in the future, but unless it offers something unique it is unlikely to survive in the long term. That doesn't mean you can't make some money off of it in the short to medium terms.
Interesting post. Thanks for bringing this to our attention. It always surprises me how people still sell when a crypto goes down. I mean just invest in solid coins and skip the shady ones. Crypto is here to stay. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). This is quite an interesting website I found: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Go to: https://www.coincheckup.com/coins/Emercoin#analysis To see the: Emercoin Analysis