I spend hours in the altcoins section although I do not post in the altcoins section I just keep reading about the projects that I see in that section and I have been getting headaches because I do not understand some people. for example of this project:
[ANN][ICO] Yudi - Multi-Crypto Auto Trading System by Deep Learningthey say:
What for will go ICO funds?
The sales generated from the ICO will be used to help fund the additional expenses undertaken by the founding and development team prior to the complete launch of Yudi token.to Create a Multi-Crypto Auto Trading System Need So Many Millions of Dollars? I do not think need so much money , I may be wrong.
Other point:
We work with: all people who are in the crypto world for at least a year know that, it is not easy big exchange add new altcoin.
And then we have the issue of the team you mentioned, I'm doing this post because of this:
Their thread has 10 pages and see what most people post:
Hey, love your team and wish you luck. How will your platform work?
Hello. Love your idea. I hope this platform will have a bright future. Gonna look into it more and decide invest or not.
When will the ICO start? Also, nice idea for the platform.
nice project
i look the exchange is good
and the plan are good
i think this project will succes
good luck sir
Greetings team. What is the protocol you used to create you tokens?
What do you plan to achieve with this platform?
We want to give you an opportunity to make money while you sleep, hehe.
What do you mean?
How do you plan to do it, haha Automatic process of arbitrage trading in crypto which buys a cryptocurrency on an exchange at a lower rate and instantly sell it on an-other exchange for a higher price to lock in a profit.
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I like your team. Can you explain what is arbitrage trading?
I like the construct of this idea! Percipient results, flawless business, interesting plan!
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How much profit do you think users can make?
We think users can get up to 30% per monthhello, i think this is a feasible project, i like this platform, the project has the participation of vietnamese people. wish the project succeed
What problems Yudi trying to solve?
One of the major challenges facing the cryptocurrency market today is individuals making investments in coins whose value increasing at a very slow speed due to the large total supply of the coins. Yudi seeks to eliminate this growth problem through its unique XYD tokens that have a low maximum supply. XYD provides users with access to the trading pools of Yudi-D where they have an opportunity to make more profits.
In short, people do not even spend 10 minutes to read anything about projects that invest