Goldfinch - worth investing? (Real world Asset)

JamesDaniel90

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Activity: 840

Merit: 30

Quote from: AVE5 on June 15, 2024, 04:34:14 AM

Quote from: JamesDaniel90 on June 14, 2024, 07:24:47 PM

Is anyone investing in Goldfinch or even heard of it?

It is an altcoin I first heard of 2 or 3 months ago and due to this mini crash we are currently seeing a nice discount as it has fallen 40% in the last 30 days and thinking of making my first purchase.

It is a real world asset and I believe this narrative will do really well this bull run.

It's a strange coin to me and I've wondered how it becomes the first AltCoin you heard of of when there're dominance AltCoins out there and besides this seems to be a newly launched Coin. That's if it has been listed in the exchange although the case of hyping in the AltCoins especially the MemeCoins actually create loudly awareness of the Coins that even newbies are being more attracted to the newly launched AltCoins and MemeCoins than the existed crypto coins due to investors aim to quick profits.

It is not the first altcoin I have heard of , I know many altcoins.

I said I first heard of it a few months ago.

AVE5

full member

Activity: 350

Merit: 128

Quote from: JamesDaniel90 on June 14, 2024, 07:24:47 PM

Is anyone investing in Goldfinch or even heard of it?

It is an altcoin I first heard of 2 or 3 months ago and due to this mini crash we are currently seeing a nice discount as it has fallen 40% in the last 30 days and thinking of making my first purchase.

It is a real world asset and I believe this narrative will do really well this bull run.

It's a strange coin to me and I've wondered how it becomes the first AltCoin you heard of of when there're dominance AltCoins out there and besides this seems to be a newly launched Coin. That's if it has been listed in the exchange although the case of hyping in the AltCoins especially the MemeCoins actually create loudly awareness of the Coins that even newbies are being more attracted to the newly launched AltCoins and MemeCoins than the existed crypto coins due to investors aim to quick profits.

JamesDaniel90

member

Activity: 840

Merit: 30

I have heard of Ondo too but for me it has pumped too much and the market cap is over 20x bigger than Goldfinch so feel Goldfinch has way more room for bigger returns this bull run.

Goldfinch is more risky , but for me I’m happy to take a risk on it due to the current sale price we are seeing of around $2.65.

I have been researching and see some say Goldfinch can see a price of around $50 this bull run which is possible due to the low market cap and would be a 20x return. I will be more conservative and say it can reach $25 IF it does well which would be a 10x.

I will keep an eye on it for now but definitely start investing if it falls below $2.50 price.

mk4

legendary

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Paldo.io 🤖

- $53,240.79 earned in protocol fees in the last 30d
- $202M in market cap

They're making little money for how GFI is valued in my opinion. But if you ignore revenues/fees, it could be a good bet if it's the case that the RWA category continues to gain more attention.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

This is my first time hearing about this, I think so I had to research for a bit more. This project was launched two years ago and I have seen that a lot of people at first thought it was a rug pull but upon checking it does not seem dead to me at all.

Their twitter account, though not very active, last posted just a week ago so I would take that as a win. It serves as a lender and its years in crypto makes me a bit skeptical of how far can this token go.

Bureau

sr. member

Activity: 490

Merit: 279

This is the first time that I have heard about Goldfinch, after reading the reply from asriloni I think it is better to go for Ondo. If you check the overall market price of ONDO it has been going up continuously even in this bear market. It is already listed on all major exchanges and most probably will get listed in Binance which will give a boost to its existing price. It is still below $2 and most probably will go above that price when the market is back on track. I think you can add both of them to your portfolio as RWA was the second narrative that got good gains earlier this year.

asriloni

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: JamesDaniel90 on June 14, 2024, 07:24:47 PM

Is anyone investing in Goldfinch or even heard of it?

It is an altcoin I first heard of 2 or 3 months ago and due to this mini crash we are currently seeing a nice discount as it has fallen 40% in the last 30 days and thinking of making my first purchase.

It is a real world asset and I believe this narrative will do really well this bull run.

GFI is good. It's RWA token same as ondo. The only problem if ondo is listing on the major exchange site like binance. GFI has very low marketcap compared to the ondo at this moment, but i remind you not to buy on the current level. BTC is potentially dumped even deeper than before.

I've sold my GFI when it reached the peak price after blackrock announcement related to the world tokenization asset / RWA. The current price is not a good price to buy. The better if you are waiting for it a bit longer.

The best strategy try to dollar cost averaging in order to avoid the risk for your asset do get dumped even deeper by bitcoin. Bitcoin is not yet stable at this moment.

It was dumping by miners after bitcoin has got rejected at the point of resistance, which was around 72k. Im still stance waiting for the price of GFI to go even lower before try to go in.

JamesDaniel90

member

Activity: 840

Merit: 30

Is anyone investing in Goldfinch or even heard of it?

It is an altcoin I first heard of 2 or 3 months ago and due to this mini crash we are currently seeing a nice discount as it has fallen 40% in the last 30 days and thinking of making my first purchase.

It is a real world asset and I believe this narrative will do really well this bull run.

Topic: Goldfinch - worth investing? (Real world Asset) (Read 92 times)