Bought 13k $BCN, is it wise investment?

saras008

jr. member

Activity: 168

Merit: 1

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

Now we know that it is not the right choice. But this can happen to any altcoin, and the opposite situation is also very likely.
But the market is still there, we just have to continue the game, pick the right coin, at the right time.

dalimex

newbie

Activity: 123

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Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

This is how fluctuations occur, as some people actually take risks.
It does not seem a wise choice, but the fact is that when the pump comes in, it can produce multiplication in a short time.

Adio

newbie

Activity: 154

Merit: 0

It's a good coin you just have to hold for long, who knows it might do another bull run like ripple did, the supply ain't that bad as well, but I see such coin for a long hold, and kindly ensure you gat nice units because that's where you will see much gain

impulse709

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LOL, BCN investment is not really wisely because that coins been pump all the time since last year. BCN price will not stable and no things guarantee it will grow, but just wait for next pump to cash out Cheesy

kloinko1n

full member

Activity: 406

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I think it depends a lot on what part of your money this amount is. If this is all your money, then you can not invest in one thing

yua_na

full member

Activity: 434

Merit: 175

Thats a lot of money for such coin. Why dont you buy esse tia latter on 7 june or buying dao stack from market ? Fyi : daostack on market now is only 1.35x ico price. Coin in circullation is only arround 35 million and from my perspective daostack could easily reach above $800 million matketcap. Or buy shivom proje t latter on market. For me 13k is too much for putting it on one coin.

KevinJogn

newbie

Activity: 14

Merit: 0

You are a very risky person!)

carter34

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Activity: 1302

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Quote from: smauni on January 19, 2018, 06:05:30 AM

I don't think it's a wise investment man. You invested in a coin which doesn't have any good future. It's have a huge supply. And it's a pump and dump coin I think. And you bought 13k coins which is definitely a wrong investment.

I also don't see a future with this coin. Definitely not the best investment. Moreover, with huge supply. Is s shit coin. There are very bright coin around with nice volume and price.

Vanester2014

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Quote from: cellard on May 08, 2018, 12:25:41 PM

Quote from: Bitcoin_trader2016 on May 08, 2018, 11:59:44 AM

Quote from: bakujo0817 on May 08, 2018, 10:58:11 AM

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

wow thats a big risk you take investing on bcn investing on a coin that pump and dump and a huge supply is very risky but as of now that bcn jump to 100x i think you got a big smile today that your risk decision paid off if you hold your bcn.

I think BCN pump already today i dont know about this saddenly pump but if he truely invested that huge amount of money i am realy sure that he is already jumping on the street now that BCN pump 100x than hes price before.

Not a x100.

Price on January 19: 0,006945 USD / 67 satoshis

Price today: 0,012812 USD / 140 satoshis

So we are looking at a 84.47% increase against the USD, and a 108.95% against BTC. Some people confuse 100% gain with 100x. But still... a decent deal.

Why did this coin jump? that's I would like. Was there any fundamental analysis, or was just random luck?

Oh i thought its around 1000 sat each BCN i got a wrong info back there. BCN is and old coin whith a super huge amount of total supply i saw this coin before in poloniex, seems like he got lucky only because this coin have been sleeping for a long time.

Vanester2014

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Activity: 236

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Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

So lucky for you BCN now pump and i saw the price goes up to 1000 sat each and that was a very huge amount of pump so far in BCN. I imagine on how you are so happy today about that earning.

cellard

legendary

Activity: 1372

Merit: 1252

Quote from: Bitcoin_trader2016 on May 08, 2018, 11:59:44 AM

Quote from: bakujo0817 on May 08, 2018, 10:58:11 AM

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

wow thats a big risk you take investing on bcn investing on a coin that pump and dump and a huge supply is very risky but as of now that bcn jump to 100x i think you got a big smile today that your risk decision paid off if you hold your bcn.

I think BCN pump already today i dont know about this saddenly pump but if he truely invested that huge amount of money i am realy sure that he is already jumping on the street now that BCN pump 100x than hes price before.

Not a x100.

Price on January 19: 0,006945 USD / 67 satoshis

Price today: 0,012812 USD / 140 satoshis

So we are looking at a 84.47% increase against the USD, and a 108.95% against BTC. Some people confuse 100% gain with 100x. But still... a decent deal.

Why did this coin jump? that's I would like. Was there any fundamental analysis, or was just random luck?

Bitcoin_trader2016

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Activity: 266

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Quote from: bakujo0817 on May 08, 2018, 10:58:11 AM

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

wow thats a big risk you take investing on bcn investing on a coin that pump and dump and a huge supply is very risky but as of now that bcn jump to 100x i think you got a big smile today that your risk decision paid off if you hold your bcn.

I think BCN pump already today i dont know about this saddenly pump but if he truely invested that huge amount of money i am realy sure that he is already jumping on the street now that BCN pump 100x than hes price before.

cellard

legendary

Activity: 1372

Merit: 1252

The BCN history is an interesting one. It could have been a great project, but the initial distribution apparently was a mess. Developers mined it for ages before making it public on the clearnet. It was released on Tor only at the beginning I think.

This is where the Monero was born. I remember it was called "BitMonero" at the beginning. I got a bunch of them and I sold them for peanuts, I could be rich now.. another missed opportunity.

As for dumping your BCN.. I hope you didn't, you should be doing that now that it pumped %72 for some reason.

francesyrus

sr. member

Activity: 616

Merit: 251

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

I think it is not good to invest that much money on BCN for long term investment, maybe you should just make a day trade because BCN is just a PUMP and DUMP coin you can make profit out of it but not on long term investment. If you like to invest for long term you must buy maybe BCH, ETH or any of the top 20 on COINMARKETCAP. Just an advise to you.....

bakujo0817

member

Activity: 313

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Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

wow thats a big risk you take investing on bcn investing on a coin that pump and dump and a huge supply is very risky but as of now that bcn jump to 100x i think you got a big smile today that your risk decision paid off if you hold your bcn.

aditya6997

full member

Activity: 198

Merit: 100

okay i would sell all those but what would i invest in, then?

ambushiv

member

Activity: 81

Merit: 10

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

I gave BCN no future when it was sitting around 0.001; You can imagine how frustrated I was when it got to 0.016 in 24 hours right? Well, even though I am not invested I wouldn't still recommend them. Why? The team tries hard but I don't see a future for it. There are many other "privacy" coins that do better.

X-ray

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Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

It's not a wise investment, majority of volume for bytecoin only traded in hitbtc and polo. I suggest you to not try to invest all of your amount in there. It may better for you to divide your amount.
bytecoin can't be considered as promising coin. Look at the chart and you can try to take your own conclusion about that. If we are seeing cardano and you can try to compare it with ADA.

Gabz999

full member

Activity: 266

Merit: 107

Dude ! You just made the wrong decision in your life. Why ? Of all those beautiful projects out there you choose that coin? Now think again about of what you have done, its not yet too late to sell those coin and choose another coin to invest. You will regret in the future if you continue that investments.

smauni

copper member

Activity: 484

Merit: 110

I don't think it's a wise investment man. You invested in a coin which doesn't have any good future. It's have a huge supply. And it's a pump and dump coin I think. And you bought 13k coins which is definitely a wrong investment.

wagi

full member

Activity: 196

Merit: 100

Quote from: aditya6997 on January 19, 2018, 02:54:17 AM

What do you think? Huh

I dont think that this is wise investment if that money is the only amount you have for imbestment.
I know this coin is not very good imvestment but also not very bad coin too.
However, if you have 10x of 13k in spare money, i think its not a big problem for you bevause you can invest in another cryptocurrency which mostly more promissing.

Andrey123

sr. member

Activity: 1778

Merit: 305

You are crazy! Grin

This is absolutely useless coin, without the future!

It is better to buy Ether or BTC

Herbert2020

legendary

Activity: 1946

Merit: 1137

i say it is a very risky investment because of multiple reasons:
1. it is not such a good coin with any future. it is pure pump and dump coin with a massive supply similar to Doge!
2. right now we are after a "major pump" back in 6 January where price went to 100+ satoshi so you are buying after every pumper was done with this coin. and unless you bought at 50 satoshi yesterday i don't think it is a good investment.
3. unless i have missed it, i don't see any major hype coming for this coin that can help with the pump, but you never know these things.
4. 13k is a huge amount to invest...

aditya6997

full member

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What do you think? Huh

Topic: Bought 13k $BCN, is it wise investment? (Read 273 times)