Syndicate (SYNX) Why We HODL
Syndicate (SYNX) has a Slack group with over 1700 serious HODLrs. The benefit of having a Master Node (MN) is the residual income (as shown in the picture).
- At Syndicate we HOLD and accumulate coins as a community
- The HOLDERS are reffered to as our STRONG ARM Community
- They will never sell coins no matter what because thy can make more money by accumulating and holding the coins
- They make money buy staking coins for a 50% return
- They also make money by setting up a masternode (5000 coins required) which will mine coins for them (20-40 coins a day)
- They can choose to sell the coins but our STRONG ARM Community will just hold the coins, decreasing supply and increasing demand
- The basic fundamentals of economics is decreasing supply and increasing demand
- This approach will allow us to increase the price of SYNDICATE
- Therefore, it makes no sense to dump the coins, only to sell small amounts when we have decreased supply and increased demand
- We are working as a community to build a strong foundation for Syndicate with our Devs, marketing team, and STRONG ARM Community
- Syndicate only has a supply of 11,268,860 coins
- Our Community Currently owns a total supply of 10%
- The more coins our STRONG ARM community owns the more protection we have as a community from the price getting dumped
- At this point, we do not know how far this experiment can go but if you want to participate, we only ask you to buy the coin and HODL. Our goal is to HODL until the coin reaches $100 and at this rate, it doesn’t seem impossible. This could be the biggest HODL movement in cryptocurrency history and you could be a part of it.
Still not convinced? Check out what Austin Angler has to say about it:
There is no difference between what you are doing and what central banks do. In fact, central banks are better than you since they manipulate currencies for the sake of the country but you are manipulating currencies for your own selfish needs. What you are doing goes against the core reason for decentralization. Cryptocurrencies are designed to take power from the minority majority and give it back to the majaority minority. You guys are just another pump and dump group disguised as HODLERS
I started buy SYNX yesterday and got the shock of my life at about 900% increase!
It will be a very interesting experiment.
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