/biz/ - Business & Finance

[Anonymous No.26472651]

okay, fellas tell me what you think of the LCX?

i bought it when the price was around .015 based on shilling here, and then did my DYOR (not very professional i know)

on one hand the idea of "tokenize everything", STO and exchange with banking licenses in Liechtenstein appeals to me (eurfag here), i also believe in the scenario where Brian Armstrong (as a secret advisor and team member) and Coinbase are involved

b-b-b-but from the other hand I am not convinced by the team and the fact that most of its members are recruited in India. together with my colleague who is a programmer we checked their technical team for previous experience and the guys who are responsible for the code of the exchange are literally at mid level, not even senior or lead level. even the CTO has no experience beyond mid level

moreover it worries me that since few days i don't see too many posts here about LCX and it seems to me that most of the LCX activity here was driven by some fag groups on discord or other pump and dump shit

i think that with this tiny market cap LCX has a chance to go 50x but rather not during coming bull run. what do you guys think?

[Anonymous No.26472679]

do the needful sir: the buying of LCX

[Anonymous No.26473478]

>>26472679
meh, any thoughts?

[Anonymous No.26473557]

>hey guys this satsgang target that was pnd'd earlier this month seems like a great investment but i'm a retard who needs other people to make my decisions for me
>should i feel the bullish beat

[Anonymous No.26473624]

>>26473557
funny, but I just wanted to get your opinion on this project, not on whether I'm retarded or not

[Anonymous No.26473671]

>>26473478
The token will only moon if the exchange takes off. That's a huge gamble, and right I don't see what it can offer (even in the future) compared to the dozens of available alternatives.

Sell and never look back IMO. But also keep in mind that I was a nocoiner until yesterday. I have no idea what I'm doing.

[Anonymous No.26473686]

>>26472651
its probably a good hold because of its connection to the WEF but I sold due to its failure to gain any real traction. might buy back when i see some progress

[Anonymous No.26473727]

>>26473686
>connection to the WEF

WEF is basically a paid membership. Anyone can get in if they have the funds.

[Anonymous No.26473749]

it's been weeks and there is still no fiat bridge or any useful pairs

[Anonymous No.26473795]

>>26472651
DCA'd in at 0.017 on average. Holding 130k and still accumulating at and below 0.016.

I don't see LCX attracting institutional money with the shitty exchange and DeFi terminal they launched with. If the devs and marketing team step up, if Brian Armstrong really is involved, if they hire a proper UX designer, and if they add more trading pairs, this could be huge. 1000x is possible.

There are better investments for quick gainz, but few crypto projects have this much longterm upside. The relentless shilling was gay, but unlike most coins on /biz/ this actually is't a pajeet pnd. Comfy hold.

[Anonymous No.26473881]

>>26473727
point still stands.

[Anonymous No.26473889]

>>26472651
sold my stack to move into LTO right before it dipped to .017. Still participating in the bounty and would like to stack 20k, but this is a long term hold if anything. Worth throwing some cash into around the .01 to .018 mark just in case but there are currently better opportunities.

[Anonymous No.26473973]

>>26472651
You just need to HODL.

This one is for the long run.

[Anonymous No.26474499]

you will eat bugs and you will like it

[Anonymous No.26474549]

>>26472651
I will keep my 10k stack for around 3 years and I will never sell.

[Anonymous No.26474629]

>he still thinks the secret advisor is Brian Armstrong
Anon, I…

[Anonymous No.26475064]

STOs are a pretty big deal. Imagine if Wikipedia had shares you could only buy with internet money (and its no secret they've struggled financially). Or any other company that sees the dollar for what is lol.
And its only been a short while. Binance was a place coins went to die in the early days.
Third, most countries are legislating more on crypto. This company is quite literally the reason Lichtenstein regulated the crypto space. When Monty uses TT in front of any word its to indicate that the technology is treated as an equal to a regular banking service.
I believe it won't reach the same price as BNB, but certainly somewhere close in the next two or three years.
What bothers me is the token burn and the marketing. The programming, UX etc. are easily fixed but if he doesn't do it soon it won't get off the ground.

[Anonymous No.26475367]

I bought this shit at the top. Now that it has lost so much value I decide to hold my LCX. I now get the same vibes with rubic, I'm scared it will dump on the 28th

[Anonymous No.26475776]

>>26473795
Agree. I think lcx has a chance of mooning so I keep a stack. Still if you need guaranteed increase just go all in Eth.

[Anonymous No.26476004]

>>26472651
LCX is a good pick long-term imo. But don't cling to your bags too much it's likely to crab for a while unless some unexpected news comes out. I went from a 80K stack to a 20K stack to have some extra eth to gamble on some alts. I always have some buy orders set up tho on 1inch and their defi terminal but they're not likely to be hit any time soon.

My point is make sure to keep an eye on LCX but feel free to invest in other coins while it crabs

[Anonymous No.26476762]

>>26472651
I'm waiting for a decent pump to come through so I can put this money elsewhere. LCX has promise but there is far better money to be made, better projects etc.

[Anonymous No.26476922]

>>26472651
The Exchange is basically dead so the token itself is by proxy a useless PnD scamcoin. The website is poorly made beyond initial aesthetics and the support is so fucking bad it can take days or weeks to get a response back. Overall it heavily feels like abandonware and I wouldn't doubt that the whole thing will rugpull and vanish if they don't start seeing heavy growth in the next few months.