Yobit Got Some New Announcement:
This time, it's pretty clear what it says. LIZAMBO is coming which is a fork of LAMBO coin. Will this be a blessing for traders or a curse?
image form pixabay
Many are waiting for some announcement for LIZAMBO for a while now after the LIZUN was released and finally Yobit officially made some announcement for it just a couple of hours ago. I think this can be a great opportunity again to make some profit since this new coin will have an investment box with a freaking 100% per hour compounding profit rate.
The bad side of this is of course, many will dump again since the inflation and compounding rate is too high. It's quite hard to imagine if this new coin can maintain its price in at least 2 weeks. Come on, 100% per hour compounding rate is too huge!
Even though dumps are quite expected, still there's a good chance to profit if given that :
- You're the first one to buy cheap
- You're the first one to put LIZAMBO in investment box
- You're the first one to dump!
I think right now, with the current mindset of traders in Yobit, dumping this new coin is inevitable. Who would want to compound it and after 1 or 2 weeks the value becomes less than 1 Satoshi? Me, I wouldn't do it. Call me jerk but I would suggest, if you have plans to dump, then you should be the first one to dump or else you have so settle and deal with the price going down.
I'm not a fan of FUD but rather a fan of facts and truth.
There's only few hours remaining:
timer link
By the time, I'm writing my post, 11 hours is left on the timer and we can see LIZAMBO live in Yobit! If you're new in Yobit and not familiar with investment box, I suggest you research first before jumping in because this is not a play but a battle of guts. The amount of profit anyone can get with crypto trading depends on how much he or she can bet! You bet less, you earn less or nothing. You bet more, you earn less or more.
I'm not a fan of gambling but let's for once be honest. Crypto trading is a big gamble for now. Even though Bitcoin and Crypto is getting popular, we still can't be sure the success is guaranteed. Many changes will come in the future and we can't expect all of it to be good. It could be that some change in the future would not benefit some though I hope it's not the case. I hope everyone in crypto game and cryptospace can WIN!
That's it for now! Don't miss the opportunity my friend!