Crypto's Newest Craze - No More Pump & Dump - Now It's Pump & HODL!!! Also Crypto Rumour!
Amazing things have been happening in the Crypto World this week. A new way of trading so that all who are involved can benefit. No scamming people, pumping up a coin and as soon as everyone buys dumping it.
Tarot 4 of Pentacles - The Ultimate HODLER - courtesy learntarot.com
A new group has emerged which has turned that around for many small investors. The concept is that the group will buy and HODL their coins - CHAINCOIN (CHC) - so there will be no whales making big dumps. A "buy wall" is built by the group which means that there are massive buy orders at a certain level told to the group and so if any dumper tries to break below that wall (price) they won't be able to as the buy orders will immediately kick in sending the price higher again and also benefiting all the people who set their buy orders at that level.
The main point is that this coin has a Masternode. A Mastenode means that you own at least 1000 of the coins and you install it on your computer. If you have bought 1000 of the coin a few days ago you would have maybe paid around 60c each i.e. $600 per Masternode , today they have been trading around $5, i.e. $5,000 per Masternode. That is all within a week! Its the only coin thriving during the Bitcoin slump.
At the moment the cost is around $5 - $7 per coin but they are talking about holding it until $100! Of course, there can be small sells along the way but why wouldn't you want to hodl it and be a part of this great concept that benefits everyone?
If you're lucky enough to have a Masternode by the time it reaches $100 per coin you would have a residual income of thousands each week as long as all the group invested continue to HODL which they are sworn to do as this is a group who wants everyone to benefit not just the whales!
So what's the Crypto Gossip? Well, there is a rumour that Bittrex are going to be listing this coin next week - the only exchange listing it at the moment is Cryptopia. ;)
Also please check out highoncoins on youtube, he is the originator of this great idea
Thanks for sharing! I didn't know this coin and suddenly it appeared in the top 50 at coinmarketcap! This explains a lot to me! ;-) it's a nice initiative, but just only holding is not enough, it needs trade volumes and more people willing to invest in this coin. Besides that, the team needs to offer more then just being another cryptocurrency (don't we have enough of this already?) But like I said, I don't know the coin and only had a quick view at their homepage!
I agree, Its always good to find out about a coin for yourself but looking at the evidence of how its been going up and watching his youtube channel, there is a lot of information to take in but it seems to be growing as it is No.1 on market cap in % change
I agree , pump and hold especially buy steem and power up
Yes, basically the same thing where everyone can benefit
I agree
I'm HODLing steady. Got in when it was cheap and doing great on it. Check my post about ECC on coinexchange.io
It's a good coin and very cheap. If we can get together and raise that one up like Chaincoin, we all be doing good for each other.
I think there are going to be lots more of these groups popping up now its got going so well. Congratulations on getting your coins cheap! I will check out your post thanks. I got in earlier today so already in profit, HODLing all the way :-)
What you think about ECC?
I haven't looked into ECC yet but I will thanks
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