Talking about cryptocurrencies, I've been searching for some good coin to invest my money with probabaly my earnings in steemit when I stumbled upon this coin with symbol PAC in cryptopia. I haven't noticed that coin before becasue it seems no one cares about the future of this coin until recently when the developer announced that they're planning to delete the old PAC coin in exchange to the new one.
I'm not very good with those terminologies but I think it's like burning coins or something due to the amount since it's over a trillion in the market. I'm not sure how to put this in words but it seems the people trading in cryptopia and yobit are in hype of buying it.
As a newbie trader, I would like to get some suggestions if that's a good sign or not. I don't think it will go up to 3 satoshi. There's a chance it will go up to 2 satoshi but beyond that is just like chasing a dream. Though some speculate that the price will tremendously go up once the swap or the new PAC coin is born.
I just wanna get your idea guys. I'm trying to avoid loses in trading as much as I can so please help me decide. The developer's words seems promising but there's still something that's bugging me in my mind. I got a pending sell order already but I can always change my mind isn't that correct?