Bought Reddcoin - looing for your thoughts
Hey all, I bought 10,000 Reddcoin. Wanna know is it a good investment for a long term or should I opt for short term with this. any feedback is appreciated.
Hey all, I bought 10,000 Reddcoin. Wanna know is it a good investment for a long term or should I opt for short term with this. any feedback is appreciated.
Why would you do that ? its known as a trash and joke coin
it has no real world purpose
the ONLY reason it would ever be worth something is if reddit integrated it into their systems allowing you to "tip" other users for their comments
Reddcoin, dogecoin, catcoin, Coinye, Kittycoin
these were all coins created at the same time, theyre used as pump and dump coins, because their daily usage is so low its easy to manipulate the market, people use them to simply pump up the value then cash out
how about siacoin ?
I bought siacoin as well but not that much.
@moderninvestor follow please
Siacoin at least as a roadmap that looks like the devs are trying to do something with it. Reddcoin seems dead. If you are looking at any type of cryptocurrency, go to each currency's website, and look at their developer roadmap, and also the updates. See if they are making progress, or whether they are even updating their website with statuses. If you look and there aren't any updates for a year, you know to leave it alone, it's probably dead.
I saw a video from suppman on youtube that it still a sleeping coin. and it has reddit behind that. and reddit has a huge reputation. so i decided to take this. but i need to rethink about this i guess. coz its going downstairs till i bought this. :)
10,000 a month ago was probably like $30 max. It's not like you put the house on it. Reddcoin seems dead. You shouldn't get in the habit of selling at a loss. Just leave it in there. Only invest what you don't need.