Topic: Does Compound Coin is worth investing......? (Read 582 times)
DEFI projects are the new sheriff and boss in town. COMP has done amazingly well and rightly so too. It remains to be seen how it does in the long run. For now, i will suggest you wait for it to retrace before going fully in. It has pumped massively these past couple of days and going in now may not be a wise decision being that, it will likely retrace before another rally.
this is a governance token that means a lot to the owners and investors. it has a total supply of 10m tokens and very small circulating supply of about 2m plus. i cant expect less from this token. i will put more attention to it. its a rare gem.
I think the time for investment has gone. It is now too risky to buy COMP coin as has already shown a huge growth. It is better to search for other opportunities.
That's right, it's too risky to invest in this altcoin at the moment. Its price has risen too high and could collapse anytime soon, we'd better look for other opportunities to invest and make a profit.
I just saw after you posted this, it looks a bit hype but I don't think there is any harm in investing if you want to get profits quickly.
because the price goes up and down very dramatically in a few days.
I saw at cmc All time low on June 18 the price was 61 $ and rose to the highest on the 21st to 381 $.
good coins for quick profit, but also very risky.
because the price goes up and down very dramatically in a few days.
I saw at cmc All time low on June 18 the price was 61 $ and rose to the highest on the 21st to 381 $.
good coins for quick profit, but also very risky.
I think the time for investment has gone. It is now too risky to buy COMP coin as has already shown a huge growth. It is better to search for other opportunities.
That's right, it's too risky to invest in this altcoin at the moment. Its price has risen too high and could collapse anytime soon, we'd better look for other opportunities to invest and make a profit.I think the time for investment has gone. It is now too risky to buy COMP coin as has already shown a huge growth. It is better to search for other opportunities.
That's right, it's too risky to invest in this altcoin at the moment. Its price has risen too high and could collapse anytime soon, we'd better look for other opportunities to invest and make a profit.
There are many coins are available In Market But I will prefer only Exchange coins Because These coin can gives us good profit and these coins grow very fast. In my research i have found one exchange which name is Injective Protocol which is fully dentralized exchange and looking good potenial in this project
I think the time for investment has gone. It is now too risky to buy COMP coin as has already shown a huge growth. It is better to search for other opportunities.
Im sure about that and when people are investing in compound this time like people are trying to short the market. They can get a dump from the big players instantly and they can lose their money instantly. Compund looks over valued right now
Hi
I have seen THe compound coin have rising huge https://www.coinmarketcap.com/currencies/compound/
Why this coin has huge rise even though it doesn't have maximum coins.
What actually compound coin increasing why........?
Before now I didn't know much about the project until I started seeing discussions and chats about it in many groups because of its price increase, where some said it is because of its new listing on an exchange that's what caused the price rise. However, on checking further about the project I found out that it is a decentralized finance or DeFi project, and recently people have started developing interest in DeFi projects, so I think the nature of the project also contributed to the massive growth. Lastly, it has a maximum supply of coins or total supply of coins which according to coinmarketcap is 10,000,000 COMP.
I think the time for investment has gone. It is now too risky to buy COMP coin as has already shown a huge growth. It is better to search for other opportunities.
The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?
Been using MXC exchange for a past couple of months to trade a few coins/tokens that are only available in MXC and so far I had no trouble Deposit, withdrawal and trades all were smooth.
I was shocked to see this COMPOUND token surge over 200$ today, i think it's too late investing right now until dump takes over, buying right now will be suicide, I will wait for dump and take advantage, I'm positive about DeFi projects
You're right, DeFi project more popular right now, even though prices soar very fast doesn't mean we need to follow FOMO and finally buy at the top. Very risky. Painful moments sometimes many people get trapped without analyzing. 
Compound coin has pump beyond expectations but considering the circulating supply of the coin and the fact that its a DEFI project that has high demand currently I think there is still room for it to grow more, I won't be surprised if it reaches x2 - 3 of its current price
Some people have been confirming if they were losing about more than 20% instantly due to the latest dump that happened with compound. Defi has a lot of demand but I'm not sure if compound will always get a huge demand like this in a long term. I doubt about that.
That was surprising for a new coin to behave that way, people see it was a trap which is a thing we can't set aside in fact, it happens already many times and that is why we need to be careful about this. Not only it listed in CMC it gives the assurance but to see it was just new to the market without back-up support from any exchanger just like BNB coin, people will keep their doubts and the least thinking negative to it. And I have to think the same.
People should get to this unless they can sustain the current momentum and that to prove something that this coin is worth buying and could be trusted.
People should get to this unless they can sustain the current momentum and that to prove something that this coin is worth buying and could be trusted.
I have seen THe compound coin have rising huge https://www.coinmarketcap.com/currencies/compound/
Why this coin has huge rise even though it doesn't have maximum coins.
Why this coin has huge rise even though it doesn't have maximum coins.
No, you are wrong, It has a maximum supply, you can check on https://www.coinmarketcap.com/currencies/compound/markets
snip...
The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?
It does not automatically mean that way, if you carefully looked at all the coins listed in CMC, majority of them have already failed, they are just waiting for an exchange to delist them and they are gone as they would lose their volume which is the only reason why they are still listed in CMC.
That's true, if a coin is listed in CMC doesn't mean they have market potential. Just look all those coins that are now labeled as Untracked Listing in CMC. Be careful in this rising trend as it maybe a trap to those that don't know about the project. If you really want to know the reason behind its increasing trend, take a look at its use case. Maybe they are just selling news here but no actual development is happening. As an investor, it is your job to study a specific coin before you jump on it.
I have seen THe compound coin have rising huge https://www.coinmarketcap.com/currencies/compound/
Why this coin has huge rise even though it doesn't have maximum coins.
Why this coin has huge rise even though it doesn't have maximum coins.
No, you are wrong, It has a maximum supply, you can check on https://www.coinmarketcap.com/currencies/compound/markets
snip...
The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?
It does not automatically mean that way, if you carefully looked at all the coins listed in CMC, majority of them have already failed, they are just waiting for an exchange to delist them and they are gone as they would lose their volume which is the only reason why they are still listed in CMC.
COMP keeps surging makes it more scary for me to buy some, who knows when price will dump? I don't want to get stucked in ATH when price makes a U-turn, I will keep waiting is out and if it never goes back down then I will find other altcoin
It's too risky to buy this coin right now as it has already traded above the ico price and it can go down anytime. The latest chart has been showing us how bad the dump that can happen anytime to the compound. If people wanna take a big risk and it's not a big problem for them all to buy this. I have seen THe compound coin have rising huge https://www.coinmarketcap.com/currencies/compound/
Why this coin has huge rise even though it doesn't have maximum coins.
Why this coin has huge rise even though it doesn't have maximum coins.
No, you are wrong, It has a maximum supply, you can check on https://www.coinmarketcap.com/currencies/compound/markets
snip...
The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?
COMP keeps surging makes it more scary for me to buy some, who knows when price will dump? I don't want to get stucked in ATH when price makes a U-turn, I will keep waiting is out and if it never goes back down then I will find other altcoin
I have seen THe compound coin have rising huge https://www.coinmarketcap.com/currencies/compound/
Why this coin has huge rise even though it doesn't have maximum coins.
Why this coin has huge rise even though it doesn't have maximum coins.
No, you are wrong, It has a maximum supply, you can check on https://www.coinmarketcap.com/currencies/compound/markets
The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?
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