Chinese coins pump coming? - page 6.

Weawant

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Quote from: Why you bully me on April 08, 2023, 09:00:18 AM

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

NEO is just been overhyped, the project keeps getting mentioned as a potential top coin to invest in for the last two bull market yet nothing has happened. The coin has just be underperforming and I don't think this bull market will be different.

Instead of investing in NEO I'll invest in GAS, which is the token you get for holding NEO. I don't know if that still happens but when I invested in this project last 4 years I remember I could claim GAS and sell on exchanges.

I didn't see BNB on the list, that's a big project in Asia and they always pump it. It'll put my bet on BNB to be more successful than those tokens you listed. Don't think because BNB is already worth hundreds of dollars that it can't pump.

Silberman

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Quote from: jacafbiz on April 08, 2023, 02:31:34 PM

I think this is one of the narratives in the space that is going to be front-run again, this is a positive thing for the space when most of the Western countries are closing their doors to Crypto, China via Hong Kong is opening her door, but out of all the tokens on the list, it is only $CFX that I am most bullish on and I think it is going to be pushed as the CHina Ethereum whether it delivers is another million dollar question

It may have a positive impact but people need tone down their enthusiasm, just as it seems there is going to be a nice pump thanks to the lifting of the ban, we should not forget the ban could be imposed once again by China and then the markets will dump, as I do not see how this can be a policy which can be maintained long term when we know that the Chinese government is not really happy to let cryptocurrencies to grow unchecked.

jacafbiz

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I think this is one of the narratives in the space that is going to be front-run again, this is a positive thing for the space when most of the Western countries are closing their doors to Crypto, China via Hong Kong is opening her door, but out of all the tokens on the list, it is only $CFX that I am most bullish on and I think it is going to be pushed as the CHina Ethereum whether it delivers is another million dollar question

fzkto

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Quote from: Why you bully me on April 08, 2023, 09:00:18 AM

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

It seems to me that by June, i.e. the third quarter, Chinese projects can get pumped up, which is already noticeable. You did not mention the Ontology project, it is also getting well pumped. But I think that once the law enters into force, we will be in the red again. All in all, I think the bulls will be there until June. Then the bears will be back again.

Jackl87

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Quote from: Why you bully me on April 08, 2023, 09:00:18 AM

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).
What are your thoughts?

I am not sure yet to be honest. So far i have not seen a chinese coin that completely took off yet. I still remember back in 2017 when NEO was introduced, which is a chinese project if i remember correctly, a lot of people were saying that this will be the next big thing and some kind of chinese Ethereum. It even managed to get into the top 10 in terms of market cap if i am not wrong. At the moment it is ranked on position 60 at coinmarketcap which is still good but of course nowhere near the top 10 anymore.
In general i think that a great chinese project that offers something new and that is also introduced and marketed well has huge potential because the potential chinese user-base is just so huge.

jossiel

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Ahhh, the Chinese Ethereum and the other projects.

There will be some impact on it to these projects but whenever something like this is on the news, we see a temporary or slight gain.

But then, the market will again back to its former if it won't be sustained a lot. Let us see on how its mainland will react on it as I'm sure most of its investors are coming from there despite the unpredictable move of its government about banning of mining and cryptos.

Xal0lex

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If the ban is lifted, it does not mean that investors will run to these old coins and start to frantically pump them. I expect that the lifting of the ban will not lead to the pumping of some old projects, it will lead to the fact that more teams will appear in this jurisdiction and present their new services and projects. Crypto industry has its own specifics, it is easier to make money on a new project than to try to revive an old one.

Bay_Harbour_Butcher

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I'm sure the lifting of the banned crypto in Hong Kong will have a positive impact on the crypto world, especially coins like NEO, FIL, VET and many more, I hope this can really happen, because as we know China is a country is the great potential in the use and development of the crypto world

MAAManda

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The lifting of the ban on cryptocurrencies in Hong Kong will certainly have a positive impact on the market in general, from the list you provided I will only choose Filecoin (FIL) and also VeChain (VET), because these two coins are coins that have enormous potential in the future. But are you really going to invest in altcoins as we're about to see a Bitcoin halving in the near future? I think it's an unwise decision. It's better to go with the flow than to fight it.

kaseygriffin

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News of Hong Kong seeking to lift the ban on cryptocurrencies will have a significant impact on the crypto market. If the Hong Kong government succeeds in lifting the ban, this will create greater confidence among investors and experts in the crypto community. This trust could lead to an increase in crypto business activities in Hong Kong, creating a significant recovery for the crypto market.
In the opposite case, if Hong Kong decides to keep the ban in place, this could lead to a significant drop in the price of the crypto market, as investors are concerned about the risks and warnings from the Hong Kong government. In conclusion, the news of the lifting of the ban on cryptocurrencies in Hong Kong will have a strong impact on the crypto market and the value of various cryptocurrencies.

crzy

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Quote from: Why you bully me on April 08, 2023, 09:00:18 AM

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

What's the basis for this?
Is China already allowed cryptocurrency and consider this as legal? I'm not updated with their policies anymore since they always change their decision. Anyway, if there's a good update from this Chinese tokens and there's a good demand from them, most probably they will rise again. To be more safe, deal with the top coins instead they are still reliable and can be more profitable.

ElmedoRator

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Hong Kong lifting the ban on cryptocurrencies could create a positive impact on the crypto market, especially with mentioned coins like FIL, VET, NEO and CFX. However, I would like to emphasize that investing in cryptocurrencies is a high-risk action and should be done after full research and thorough evaluation. While these cryptocurrencies have short-term upside potential, the cryptocurrency market is very volatile and the market can change unexpectedly. Moreover, investing in cryptocurrencies also has security risks, so investors need to consider and evaluate carefully before making an investment decision. In conclusion, the lifting of the ban on cryptocurrencies by Hong Kong can make a positive impact on the market and digital currencies such as FIL, VET, NEO and CFX may increase in price, however, investment Investing in cryptocurrency should be done after full research and thorough evaluation.

StarKay

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NEO has underperformed and and not meet up with the hype of being the Chinese Ethereum and a lot of new and better developed coins are now available so I would be very careful when trading NEO. I'll pick Filecoin among the coins you listed based on it's viability.

benalexis12

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Quote from: Why you bully me on April 08, 2023, 09:00:18 AM

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I don't have any news on those coins, even with their updates, they have been very quiet since the pandemic times have passed until the covid has been lifted. Or maybe I'm the only one who hasn't been updated, maybe vetchain and Neo can somehow pump there, because during the bull run they somehow pumped their values in the market as far as I know during those times, I just don't know if it happens again. Why are there any holds on these coins you mentioned?

hugeblack

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As a short-term investment, you can bet on it, but do not continue with it as a long-term investment.
It depends on your risk management policy, but I personally will not invest more than 2% of the money allocated to investing in cryptocurrencies in such a scenario.
My investment will be for a period of 3 months with a return of 20%. Once achieved, I will transfer all + capital to Bitcoin.
Among the currencies mentioned, I will choose:

- ~ 30% in Neo (NEO)
- ~ 30% in VeChain (VET)
- ~ 40% in Filecoin (FIL)

** This is not investment advice.

Why you bully me

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Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

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