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Topic: My first and hopefully Last investment - HELP ! (Read 151 times)

newbie
Activity: 3
Merit: 0
Hello thekayzer1 ,

I don't know about this project, but i know a bit about fundamentals of trading and invest and reading that you "have decided to invest in at least 3 alt-coins and perhaps make a living from them." i think that you are not diversifying well.
I only think that if i want to live from this, i can not depend on success of 3 or 4 alt-coins because is too risky (even depending on 10 altcoins is risky  Grin).

On the other hand, BABB looks to me like a good project, but it has some risk (on the team side).


Best Regards !!!
newbie
Activity: 6
Merit: 0
Greetings everyone,

I happen to be quite new (as a user) in here but not that new (since I happen to read this forum nearly everyday), I would like to start by saying that I have never done any type of investment on the crypto-currency market but I have few experiences when trading and at doing normal payments and so on, recently after reading and reviewing about so many alt-coins out there in the market, I came to a point where I felt very confused, angry and stressed because many of this alt-coins promise so many things but after reviewing their success is pretty upsetting since most of them had to stop and many of the investors who believed on such projects lost their valuable money & investment.

After a good 5 months research I have encountered many but many good project ideas, but few really captivated my attention, since my goal or resolution for this 2018 year is to actually be able to make crypto-currency exchanging my full-time job I have decided to invest in at least 3 alt-coins and perhaps make a living from them.

One of the Alt-coins I am most interested is BABB (I believe the pre-sale just closed but I am looking to enter into the main sale anyways) there are more than 3k subscribers for the pre-sale I believe, they have a great customer service over the telegram app. Each coin is 0.0012$, meaning that from 1$ I will get 120BAX token, now I am looking to invest around 3k$ into this project, since there is many people actually interested on it, and they will take the same route as Western Union, and I know what you are thinking, "but there is many other alt-coins out there that do similarly the same thing" but for me is the fact that this is an ICO and they will be able to provide you with a UK bank account, you will be able to send and receive money, as well as loan money to others through the app and exchange it for FIAT.

Now my question is, what do you guys think about this coin, what would you do if you were in my position, would you take the chances and invest into it or not? please feel free to criticize the token I would like your most honest support.

'BABB is a World Bank for the micro-economy; a decentralized banking platform that leverages blockchain, AI, and bio-metrics technologies to offer anyone in the world access to a UK bank account for peer-to-peer financial services.
On the BABB platform, everyone is a bank. Once you open a BABB account, you have all the same powers that banks have. You have ownership of, and control over, your money. Through the BABB app, you can connect instantly with all other account holders and participate in peer-to-peer financial services. Lend to and borrow from one another; exchange currencies; and deposit and withdraw cash, all via self-executing smart contracts. (‘Kian AmaZix’ team member of BABB telegram community.)'
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https://themostexpensivethings.co.uk/cryptocurrency/babb-and-their-great-new-ico-bax/
https://getbabb.com
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