[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 95 KB, 600x450, oyster prl.jpg [View same] [iqdb] [saucenao] [google]
6460121 No.6460121 [Reply] [Original]

Kucoin is having it's first positive day in the last 3 days and I think there's WAY more to come. Just playing the odds here, if coins even return to what they were before the crash (some of them literally fell 50%), you're looking at anywhere from 50%-100% gains. Technically something like VEN or ICX could be the safe play right now, but you're talking maybe 20-30% over the next few weeks. Even if you split your funds between two coins on Kucoin and one stays down while the other moons 50%, you've already equaled the same amount of your safe bet. You only need to get lucky once.

ELIX is up about 40% today. PRL and DBC took some of the hardest hits so they have the most room to go back up. Other coins that took hard hits are QLC, UTK, and PBL, but those are lower volume and I think they'll take a couple extra days to reach back up.

Again, not arguing these are high risk, but the reward is incredibly high. If Kucoin rebounds (and it is), you should get your money in these now.

(Also, Huobi contest for DBC ends in 3 days. Contests generally drop the price heavily in the early days and then the last 2 days before end, the price skyrockets. This same exact thing happened with VEN where it nearly doubled toward contest end)

>> No.6460174

this is bad