It seems like it's a pretty new coin. The price hasn't even leveled out where it will exchange at yet. For this reason, I can't invest in something that is more than likely going to keep going down for a little while longer. Sure, a few thousand dollars could raise the price, but someone dumping some coins that they've been holding for a while could have the complete opposite effect.
It is because I don't invest to random altcoins that are new. And it's hard to find those good altcoins lately that has really the potential. I know that each developer and investor can justify that the tokens they've invested has it but we can all go wrong at the end and suddenly the coin we've invested in might dump hard.
To be practically, I wouldn't invest to unpopular coins as simple rules and logic that I have set to myself and I don't have to justify that. I should have bitcoins and a few known altcoins and I can add any altcoins that I want but as long as I don't see it to be a good one, I wouldn't put money on it.
It is because I don't invest to random altcoins that are new. And it's hard to find those good altcoins lately that has really the potential. I know that each developer and investor can justify that the tokens they've invested has it but we can all go wrong at the end and suddenly the coin we've invested in might dump hard.
To be practically, I wouldn't invest to unpopular coins as simple rules and logic that I have set to myself and I don't have to justify that. I should have bitcoins and a few known altcoins and I can add any altcoins that I want but as long as I don't see it to be a good one, I wouldn't put money on it.
Thank You guys for smart explanation, I appriciate it.
Yes we are new and at half of our most important way. Next 3 BTC will allow us to set up first devices, build strong marketing and controlled market. After it we wouldn't be new and everything will be easy but... it is like it is.
Actually 500USD could bring UVU till 0.009 USD from actual 0.003 -on hotbit is less than 500k coins right now. Hoply someone want grab it. We are trying work on tradingview portal to find new buyers, its work but not in each day.
Thanks once again for respond.