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Messages - TheCobone

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Incentivised Posting / Shill / Re: Do you believe at altcoins?

« on: April 23, 2019, 01:44:22 AM »

I don't just believe in altcoins, I believe they are better than the big three (XRP, ETH, BTC).

Altcoins are creating a lot technological advancement and they are trying to offer more benefits than the big three. An altcoin I recently started following is Veil Project. It is a privacy coin that advances Zerocoin Protocol to offer private transactions with basecoins. I have learned from my experience in crypto that development isn't everything. Marketing is important and the guy behind VEIL also created PIVX. With PIVX, he did mainstream advertising and managed to get the coin to boom. He obviously learned from his mistakes and that means he can do even better with VEIL.

Incentivised Posting / Shill / Re: Strategy to become HODLER

« on: April 23, 2019, 01:41:17 AM »

The best strategy to become a hodler is to do your own research and find what you consider to be a good project. Ditch the fomo and hype trains.

I got into a new altcoin that offers anonymous transactions because my research showed it has a lot good features and is led by the PIVX founder. Usually, projects created by experienced blockchain entrepreneurs have done well. For example, same guy made STEEM, EOS, and BITSHARES. Given that PIVX did really well, I expect its founder can deliver the same kind of results on his new project. VEIL is still under hardcore development phase but the wallet and blockchain are already working.

Incentivised Posting / Shill / Re: Can I invest in Altcoins now?

« on: April 23, 2019, 01:38:31 AM »

Now is a good time for buying altcoins because the prices of ETH and BTC are down. Most altcoins are paired with ETH and BTC so the current low prices mean altcoins are pretty cheap.

You should check out Veil Project. It's a new privacy coin on Zerocoin Protocol. It makes basecoin transactions anonymous; no other Zerocoin privacy coin does that right now. This is a big improvement for anyone interested in making private transactions. the iOS wallet isn't out yet and that means big developments are on the way, the kind of developments that make big price movements. The price has gone up so much recently but it's still such a low market cap.

Incentivised Posting / Shill / Re: How do you define popular crypto?

« on: April 23, 2019, 01:32:46 AM »

I would say a coin is popular if it has reached a high market cap. I usually have less interest in these coins and more in the coins that are not popular. It's like getting into Facebook when everyone knows about rather than getting into Facebook before is reaches its full adoption. The opportunity is a lot more if you get in early on.

To find opportunities early on, I look for new projects. I found a decent opportunity with Veil Project because it's a new privacy coin that is making a lot of fast progress. It's development goals are good because it wants to make a blockchain on which all transactions are anonymous and its operational performance is also well because its team realizes hype needs to be maintained. The project keeps adding to its list of exchanges and that shows the team knows development and project awareness are both important.

Incentivised Posting / Shill / Re: Which tokens do you plan to trade or are you trading now?

« on: April 23, 2019, 01:28:36 AM »

Right now I'm trading VEIL because it has the ability to do really well in the coming months. It is a new privacy coin created by the same guy that created PIVX. I expect him to lead his new project into the same direction he led PIVX, and that is up. He did really good marketing with PIVX and even got the coin as a UFC fight sponsor. Right now VEIL is under the radar because his main focus is on development, development, and development. We can expect that as soon as a better public wallet is out, the founder will use his strong marketing skills to get this coin in front of everyone.

Incentivised Posting / Shill / Re: Short or long term investment

« on: April 23, 2019, 01:24:55 AM »

Both are good depending on the token. If I see some token got dumped hard because of certain news, I expect a dead cat bounce and I trade it for a few days. Also, if I see a token moon because of something very small, I try to short it.

Long term investment is different, though. I can help make really big gains. All the 100x we hear about are from people who did long term investments. This kind of investment only works if we do our research in some strong new projects. I recently researched on Veil Project and I am holding it for long term. The project has experienced team and is making privacy coins better by making mutliblock transactions, private basecoin transactions through RingCT technology, and an easy to use wallet.

Incentivised Posting / Shill / Re: how to trade well?

« on: April 23, 2019, 01:20:56 AM »

The most important thing is to know what you're getting in to. Research the coin and see if it's worth holding, this way you remove the risk of unexpected price crashes.

I'm trading mostly major coins but also started to trade VEIL, which is a small privacy coin. It's the only new coin I'm trading because it has the ability to do really well so I'm not worried about an unknown crash. There was no ICO and that means no big private sale investors with 90% discount on token price that I need to fear a dump from. There is no premine so I don't need to worry about founder dumping on me. The supply can be audited so all the information is verifiable.

Incentivised Posting / Shill / Re: Big mining shop closing down, selling their remaining stock for 40-60% off

« on: April 23, 2019, 01:01:57 AM »

Miners need to look into opportunities in altcoins. Altcoins like VEIL don't get much attention from miners and that's why it's a lot easier to get block rewards. A lot more electricity and equipment is needed to mine crowded networks and that lowers the profitability. VEIL is new but it has a good price and is listed on many exchanges. Mining VEIL is more profitable than mining BTC or ETH right now, and because it is ASIC resistant, you, me, and everyone who doesn't have the money to buy a farm actually has a chance to earn block rewards.

Incentivised Posting / Shill / Re: The Real Reason First World Users Will Switch to Cryptocurrency

« on: April 23, 2019, 12:56:22 AM »

First-world users are becoming aware of the importance of privacy. They may not be interested in a decentralized currency, but they do want privacy. For this reason, privacy coins have a good future.

The problem is that privacy coins based on Zerocoin Protocol are not easy to use. They need a fixed denomination spend. To counter this, Veil Project has launched a new blockchain which provides the only privacy coin, based on the Zerocoin Protocol, capable of doing multiblock transactions. This kind of improvement can help privacy coins reach usage in daily spending. People will seek privacy and that will include privacy in where they spend their money. VEIL is going to give that.