Simplifying cryptocurrency Investment – HexCash Project:

in #ico6 years ago (edited)

Introduction:

The stock markets have been known for decades to give consistent returns to investors. Over the years several methods have been developed to predict the outcome of the market. Some are successful, some are not. Any person with proper knowledge of the markets can easily diversify their source of income by investing in the stock market. The returns are higher than normal bank deposits, although the risk involved is much greater.

The beginning of this decade bought about a revolution in the financial marketplace. You might have heard about Bitcoin and other cryptocurrencies and the insane returns they generate for investors. It is a very common phenomenon for the cryptocurrency markets to swing 50% to 80% intra day. No doubt this has created a new family of high risk high reward investors – cryptocurrency investors.

The Problem:

Although the media has created a hype about cryptocurrency market and potential returns for investors, the dark side of investing in this marketplace is often not publicized by the media. Due to the volatile nature of the market which is driven by hype and rumors, a single tweet can cause the value of a token to crash overnight. This has resulted in investors losing enormous amounts of money.

The Solution:

HexCash Project aims to address the volatility of the cryptocurrency market. Investors can rake in the profits and cut the losses by just holding HexCash tokens. This is a revolutionary strategy that aims to promote cryptocurrency even among the working class people of the society who stay out of this marketplace citing the risks involved. It is an Ethereal based token that follows standard ERC 20 guidelines. The project is backed by a solid team with multiple years of experience. The project will raise funds through an Initial Coin Offering where the tokens will be priced at $0.25.

Conclusion:

This is a project which addresses a very pressing issue. Cryptocurrency marketplace is still at a very nascent stage. Mainstream adoption has not been possible because of market volatility and general fear among the new investors of losing their principle. HexCash Project can solve this problem by its strategy of paying to the investors an interest amount for holding the coin. I believe this is a wonderful concept, and given the team leading the project, it is quite possible for the project to produce the desired results and promote mass adoption of cryptocurrencies.

I believe this is one of the most innovative projects in the blockchain space in 2018!

Website - https://hexcash.com/

Whitepaper - https://hexcash.com/whitepaper.pdf

ANN - https://bitcoingarden.org/forum/index.php?topic=37490.0

Telegram - https://t.me/hexcash

Published by - wilsonbyrne

Profile - https://bitcointalk.org/index.php?action=profile;u=1936048

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