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Topic: This ICO Is Launching In August, I'm Debating On Short vs Longterm Hold (Read 87 times)

hero member
Activity: 2632
Merit: 833
Well it really depends on when they are going to put up their trading platform in production. If they can have it live in 2019 as scheduled then I will advise you to just do a long term hold. Actually, for me, long term hold will be the only options here. The real gauge here is what will be the ICO price though. I remember TIO, another trading exchange that debut and peak at $1.7 if I'm not mistaken, but since the trading platform is not yet in production and the schedules being delayed already, the price now is just around $0.020-.030 if I'm not mistaken. So it would take a lot of months for you to hold but I'm sure that you will get your money many times if the trading platform became in production as per schedule in 2019.
member
Activity: 294
Merit: 10
www.daxico.com
Consider the time frame in the roadmap and look at it from where the development of the project will fulfil it purpose . If the project is going to take 2 years to launch the platform, then make up your mind to hold the tokens for two years.
newbie
Activity: 78
Merit: 0
For those of you that are unaware Nauticus is launching a new exchange in August. They will have one of the biggest exchanges in the world. They will be featuring 100 crypto & 7 fiat currencies to trade with. A long time ago I read about Binance & BNB. This was back in 2017 before the massive crypto boom. I missed out on miraculous gains from BNB, which I would have never thought were possible. I think at the time I sold my BNB tokens for around .$70...I then watched as BNB went from a little under a dollar to a high of over $20! Talk about missing out on the rocket ship  Angry

Anyways, when I heard about Nauticus I thought this might be the ideal time to invest. We are in a stagnant bear market at the moment. Most cryptos have either decreased in value or floated towards stability. I think Nauticus has real market potential. If you visit their webpage which can be found here (https://nauticus.io/) you'll see that they talk about Binance & how they managed to manufacture a 22,000% gain with BNB. I think Nauticus could potentially unfold the same way depending on our market sentiment. If we enter another bull run, then I could see NTS (Nauticus Token) taking off & potentially earning investors a lot of money.

What would you guys recommend with a project like this. I thought about short term holding, but the gains would obviously be small in comparison to a longer term variation. The real question to be asked is do you guys think another bull run could start sometime before 2019? The ICO market has been beaten up pretty bad from last years collapse, but it seems like Nauticus & a few other ICO's have legitimate projects with real earning potential. What do you guys think?
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