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