Topic: Is verge (XVG) a safe investment? - page 2. (Read 585 times)
There are a lot of news and rumors around this coin, so people paid attention to it. I think this is one of the most interesting projects, which in 2018 may become even more popular. But there is a risk that the pump&dump McAfee could play a bad joke with it in the future...
xvg is a high risk investment with potential extreme profits
Now is the right time to place your bets.
Now is the right time to place your bets.
It's a difficult question to answer. Trust me, everyone investing in it would tell you it's the best out there.
And if you see any negative review, most likely they are not convinced in the project or they missed the bus.
To my final answer, I'd put my money on it for short to mid term.
If it does well (10x minimum), I'd cash out and move on.
And if you see any negative review, most likely they are not convinced in the project or they missed the bus.
To my final answer, I'd put my money on it for short to mid term.
If it does well (10x minimum), I'd cash out and move on.
sure it is, there always an oportunity to make profit. its better to invest in Verge than another new coin or even invest to scam ICO. ICO is nice thing as long you invest in the right project who developed by great and trusted developer
To be honest, I don't think that every alternate cryptocurrency is safe for investing. You should invest at your own risk. As what Robert Kiyosaki, the author of Rich Dad Poor Dad, says that avoiding risk is not the best decision you have if you want to prosper later on.
Everything in life has a risk, and it's totally up to you if you want to manage risks. As for Verge, I think there's a lot of promise for this cryptocurrency. However, there are no guarantees for this.
Everything in life has a risk, and it's totally up to you if you want to manage risks. As for Verge, I think there's a lot of promise for this cryptocurrency. However, there are no guarantees for this.
No, it is not a safe investment. Buy it at a very low price and sell it after a pump. Look at the price pattern of XVG and you will know how it moves.
It's a decent coin, yes, but it's way overpriced:
Because it was just pumped by McAfee and others.
A coin's price was around $0.20 yesterday, meaning $898,560 worth of coins were being mined every day.
Which means that price is not sustainable because the coin's market is much smaller than to be able to soak $900k each day long term. This coin is massively overpriced right now and while it might go higher, long term it will go down.
And the block halving is still roughly ~130 days away.
If you list coins by circulating supply on coinmarketcap, you can see that Verge is the 9th coin with the biggest supply. 14,392,106,994 XVG. That is a shitton of coins. Each valued at $0.20 is not realistic for a coin this size.
Also, TOR "anonimity" is nothing new but many newbies think it's some bleeding edge tech. For example Joincoin's first block was mined in 2014-08-11 and I believe it had built in TOR "anonimity" from the start.
The Wraith protocol also doesn't sound like anything new but we'll see.
A coin's price was around $0.20 yesterday, meaning $898,560 worth of coins were being mined every day.
Which means that price is not sustainable because the coin's market is much smaller than to be able to soak $900k each day long term. This coin is massively overpriced right now and while it might go higher, long term it will go down.
And the block halving is still roughly ~130 days away.
If you list coins by circulating supply on coinmarketcap, you can see that Verge is the 9th coin with the biggest supply. 14,392,106,994 XVG. That is a shitton of coins. Each valued at $0.20 is not realistic for a coin this size.
Also, TOR "anonimity" is nothing new but many newbies think it's some bleeding edge tech. For example Joincoin's first block was mined in 2014-08-11 and I believe it had built in TOR "anonimity" from the start.
The Wraith protocol also doesn't sound like anything new but we'll see.
There has been a lot of fuss over it recently I think possibly triggered by John Mcafee and his tweeting, this is not to say XVG is no good. I think it is as safe an investment as many other coins and I think the attention now is deserved.
Seems to pump and dump a lot. I was going to buy but too much pumping and dumping
I think Verge has fiture. And you should hodl it. It has it's own blockchain at least(not erc20 token).
I definitely now see it more as a long term hold ever since the recent pump. I think the returns will be pretty decent overall.
XVG price has been pretty volatile and they're new. There are probably safer bets out their like XRP or ETH.
It's a decent coin, yes, but it's way overpriced:
Because it was just pumped by McAfee and others.
A coin's price was around $0.20 yesterday, meaning $898,560 worth of coins were being mined every day.
Which means that price is not sustainable because the coin's market is much smaller than to be able to soak $900k each day long term. This coin is massively overpriced right now and while it might go higher, long term it will go down.
And the block halving is still roughly ~130 days away.
If you list coins by circulating supply on coinmarketcap, you can see that Verge is the 9th coin with the biggest supply. 14,392,106,994 XVG. That is a shitton of coins. Each valued at $0.20 is not realistic for a coin this size.
Also, TOR "anonimity" is nothing new but many newbies think it's some bleeding edge tech. For example Joincoin's first block was mined in 2014-08-11 and I believe it had built in TOR "anonimity" from the start.
The Wraith protocol also doesn't sound like anything new but we'll see.
A coin's price was around $0.20 yesterday, meaning $898,560 worth of coins were being mined every day.
Which means that price is not sustainable because the coin's market is much smaller than to be able to soak $900k each day long term. This coin is massively overpriced right now and while it might go higher, long term it will go down.
And the block halving is still roughly ~130 days away.
If you list coins by circulating supply on coinmarketcap, you can see that Verge is the 9th coin with the biggest supply. 14,392,106,994 XVG. That is a shitton of coins. Each valued at $0.20 is not realistic for a coin this size.
Also, TOR "anonimity" is nothing new but many newbies think it's some bleeding edge tech. For example Joincoin's first block was mined in 2014-08-11 and I believe it had built in TOR "anonimity" from the start.
The Wraith protocol also doesn't sound like anything new but we'll see.
Actually, Verge does not seem like a bad coin, but it does not seem so extraordinary to me as many people want to make it look like. Maybe there are some thirty altcoins better than Verge, but I would not rule it out as a modest option to invest in the long term, although in this market it is difficult to speak of "safe investments" given the volatile and manipulable nature of a market that is only in its initial phases of development.
XVG are quite good coin, my opinion is :
for long term should be no problem and for short term quite risky because it was pump last few day ago, and my xvg portfolio increase from $100 to $3000-$4000 about 30-40x when at the higher price. Please do not buy at higher price it will do a correction, buy at the low price and ROI come back faster. All the best XVG
for long term should be no problem and for short term quite risky because it was pump last few day ago, and my xvg portfolio increase from $100 to $3000-$4000 about 30-40x when at the higher price. Please do not buy at higher price it will do a correction, buy at the low price and ROI come back faster. All the best XVG
XVG has been pretty wild lately, but I think its a very solid coin for the longterm. There's a great team behind Verge that are constantly working on improvements as well as promotion of it.
I don't think John McAfee's tweet kicked off the bull run, because I still do not believe that McAfee holds that much power in the cryptocurrency environment. The price was pumped, sure, but it's coming back down right now, and I think we might soon have another run towards $.30.
It already has risen so much, I don't see it going on another run like that for maybe another few months.
It had a really nice run early this summer followed by months of selling. I expect the same to happen now.
It had a really nice run early this summer followed by months of selling. I expect the same to happen now.
Verge had pumped in last few days just because of one tweet and there is no any other news or development update that can hold such huge surge. I am expecting more correction on price in terms of bitcoin and than long cold time for verge before it can make another bull run.
If I were you I won't invest in it at current pumped price, it is overvalued right now.
If I were you I won't invest in it at current pumped price, it is overvalued right now.
All anonymous cryptocurrencies should be a good investment. You should study witchone is better or can let you make some money. Verge marketcap is already high. Sure it can grow...but after JMC tweet pump....now it depends from Wraith protocol release date and IF it will works or not. Since some days verge is going back down...so I dont know if it's the best investment you can do. Other anonymous crypto are Hush, Intense, Cloack. They could all give you good gain. Among anonymous the one I like and I prefer is DeepOnion. It still has a low marketcap....so it can grow fast and it's one of the best anonymous out there.
Jump to: