Topic: buy xvg? - page 2. (Read 243 times)
XVG looks good on the daily chart. It seems that the fall is over and now we see a reversal on the chart.
XVG is just pump&dump coin so best strategy is to buy it on dips and sell it on highs
The XVG appears to be an anonymous token.
You should be careful, because now countries are not particularly friendly to anonymous tokens, so the risk of investing in anonymous tokens is very high.
You should be careful, because now countries are not particularly friendly to anonymous tokens, so the risk of investing in anonymous tokens is very high.
can i ask why?
i personally do not see anything about verge that that makes it a worthwhile investment. like maybe there is something i dont know about that i am missing, but if i am not mistaken the main attribute which verge boasts is its privacy. however there are already some very well developed privacy coins with very active development communities. just because it is cheaper per coin does not mean that you will make any more money when it appreciates (or more likely depreciates) in value. verge already has a very high market cap for a privacy coin. if you were getting in on a coin when it is still sub 100 million in total market cap, then it may be more worthwhile (it would also be more risky) because it would have a large amount of room to grow. however with verge, as was mentioned by another person, it would seem that you missed your opportunity to get in on it early.
i think it is a good idea to have as part of your portfolio at least one privacy coin. that way you not only have diversity of coins but also a diversity of use cases. i would personally suggest that you invest in monero (XMR), as it seems to have less volatility than others and appears to be the coin of preference in the dark net markets. i do not endorse buying anything illegal or avoiding taxation through the use of the darknet, but if there are a large group of people who are asking to be paid in a currency then at least it has a steady source of demand.
for you it may be that the best coin is moneroV. i have not done alot of research into this fork of monero, however i do know that it is VERY new still. so it would possibly offer you the best of of both worlds; an established name and use case, as well as being new and having a small enough market cap to have room to grow. just remember this is just my opinion and in no way investment advice since i am no professional in this; and i cant not stress enough how important it is for you to do your own do diligence.
finally in addition to monero i would suggest that you look at both DASH and PIVX. both are very similar in the way that they have masternodes, which offer additional functionality to their coins. if you are making a sizeable investment you should look into their masternode requirements, since owning a masternode is a way of making passive income kinda like a miner would by taking a portion of transaction fees. it is not difficult to own and operate a masternode. all you have to do is own a certain amount of that particular currency, and i believe have a wallet that is open and continually syncing 24/7 (this may be a little more involved, you would just need to do a bit of your own research first).
i hope this helps. i would never recommend verge; i just personally got burned on verge in the early days and since then have gotten the impression that it is mostly a pumper and dumper.
i personally do not see anything about verge that that makes it a worthwhile investment. like maybe there is something i dont know about that i am missing, but if i am not mistaken the main attribute which verge boasts is its privacy. however there are already some very well developed privacy coins with very active development communities. just because it is cheaper per coin does not mean that you will make any more money when it appreciates (or more likely depreciates) in value. verge already has a very high market cap for a privacy coin. if you were getting in on a coin when it is still sub 100 million in total market cap, then it may be more worthwhile (it would also be more risky) because it would have a large amount of room to grow. however with verge, as was mentioned by another person, it would seem that you missed your opportunity to get in on it early.
i think it is a good idea to have as part of your portfolio at least one privacy coin. that way you not only have diversity of coins but also a diversity of use cases. i would personally suggest that you invest in monero (XMR), as it seems to have less volatility than others and appears to be the coin of preference in the dark net markets. i do not endorse buying anything illegal or avoiding taxation through the use of the darknet, but if there are a large group of people who are asking to be paid in a currency then at least it has a steady source of demand.
for you it may be that the best coin is moneroV. i have not done alot of research into this fork of monero, however i do know that it is VERY new still. so it would possibly offer you the best of of both worlds; an established name and use case, as well as being new and having a small enough market cap to have room to grow. just remember this is just my opinion and in no way investment advice since i am no professional in this; and i cant not stress enough how important it is for you to do your own do diligence.
finally in addition to monero i would suggest that you look at both DASH and PIVX. both are very similar in the way that they have masternodes, which offer additional functionality to their coins. if you are making a sizeable investment you should look into their masternode requirements, since owning a masternode is a way of making passive income kinda like a miner would by taking a portion of transaction fees. it is not difficult to own and operate a masternode. all you have to do is own a certain amount of that particular currency, and i believe have a wallet that is open and continually syncing 24/7 (this may be a little more involved, you would just need to do a bit of your own research first).
i hope this helps. i would never recommend verge; i just personally got burned on verge in the early days and since then have gotten the impression that it is mostly a pumper and dumper.
Crypto currency Verge, is one of the most attractive instruments for investment in 2018. The Verge Crypto currency is a crypto currency that was built by analogy with Bitcoin, but with a number of improvements. I consider xvg a promising coin with a progressive future.
I think, it is too late, here is amazing pump and now, better to wait correction and dumping.
I want to invest in xvg, what do you think?
Jump to: