Reddcoin - should you buy now?
Reddcoin is really hot right now and i think it has great potential for the future. The community around it seems vibrant and growing fast. The price has skyrocketed in the last days and is drawing more and more attention.
If you are involved in trading altcoins there is no doubt in my mind that reddcoin is a must buy, but should you buy now while it's still cheap and maybe suffer a significant draw down in the short-term because of the inevitable profit taking, or wait for the draw down and possible stay on the sidelines while it continues its meteoric rise?
I guess the smartest thing would be to buy small and wait and see what happens in a few days. If it goes higher at least you are in, if we get a retracement, then there's your chance to buy some more and hold it until it goes much higher.
What do you guys think? Anybody bought into reddcoin?
Bought 40k. Currently got it staking in the wallet.
I think this coin has potential to grow at an extreme pace due to it being used on social media.
Yeah, that's exactly what i think too. Hold on to it. Don't sell it too soon.
Can you pls help with 1BTS - here's why :) https://steemit.com/help/@recreator/please-help
Don't own any BTS.
problem solved, thanks anyway
Very good article. Good to see I'm not the only one that is thinking about this. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. Besides coinmarketcap.com there is: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. On: https://www.coincheckup.com/coins/Reddcoin#analysis To see the: Reddcoin Investment research.