To Park Or Not To Park…?
Just parked my coins for a whole month in Minexbank.
19.5% monthly is not that bad...
Often the best investments are the ones you are not that emotionally invested in.
Moreover, the Pareto principle certainly applies to investing.
I think Minexcoin could be that kind of investment: I find it pretty boring, and also there are next to no work necessary (just hit the park button).
Their main technological advantages are imo:
✒Striving to be a low volatility coin: Normal people dislike volatility.
✒The Minexbank: Bank is a concept most people think they understand (they do not). So having a bank could attract many investors.
Story short, my investment in Minexcoin has been much more profitable than Steem: Even though I have used tons of time on Steemit.
If you go to Minexcoin’s Bitcointalk thread (https://bitcointalk.org/index.php?topic=1847292.0) it is pretty crowded, which is often the case with successful coins.
I also just found a site called WalletInvestor.
In 1 year Minexcoin is going up 1000%:
I also recently invested some funds into eBTC, which apparently is going to rise 1000% too:
From Walletinvestor.com:
Our Predictions are made by Machine Learning, and shouldn't been used for financial decisions. We can't guarantee any profit.
"Machine learning is a type of artificial intelligence (AI) that allows software applications to become more accurate in predicting outcomes without being explicitly programmed. The basic premise of machine learning is to build algorithms that can receive input data and use statistical analysis to predict an output value within an acceptable range. "
What do you think of this site (Walletinvestor): Just the usual pump site in the crypto space?
The main conundrum with crypto investments is that we have no fundamental analytical tools available. Thus, people flock to technical analysts.
With John McCoffee on the Twitter prowl, there is of course also a real possibility that he will pump some of your coins. Interesting times indeed.
Disclaimer: This is not trading advice. I do not answer technical questions about a particular coin/ token. Do your own research.
Thank you for your interest in the project. Have a good parking!
following for more info ;)
This is the first time I have heard of this. So you earn for putting cryptocurrency in this wallet?
Yes, but according to my understanding you do have the coins in your wallet at all time.
From Minexsystems:
I will definitely check this out.
It's interesting. there are so many options in cryptoworld - never heard of that one. On what do they base that assumption that it's going to raise 1000% in one year?
Honestly, I do not know. Their method is probably secret, but obviously some sort of AI is involved.
I am not at all into technical analysis, but in lack of any fundamental metrics, we see technical analysis has gained popularity. Just look at @haejin. I do not know if Walletinvestor is more or less 'scientific' than his posts.
@janusface,
Do you think this is safe? For me keep coins in your own wallet! I think that's the best option! Scammer are coming in different forms! So, better we stay out of investments! That's how I feel about this!
Cheers~
Minexsystem has an own wallet: https://minexcoin.com.
You can also withdraw your coins from the bank instantaneously. We do not call banks in general scams even though our fiat is printed when we deposit (fractional reserve banking). As I stated above my purchase price for Minexcoin is very low, so it is definitely money I can loose. But, if you do a due diligence (check out software, read wp/ roadmap etc) and are still sceptical, please tell me, and I will take it into consideration.
@janusface,
https://coinmarketcap.com/currencies/minexcoin/
We are talking about this coin? I will check it and let you know! Thank you!
Cheers~
The point of MinexBank is that your money are ALWAYS at your own wallet. You do not give them to MinexBank. It just rewards you for holding
Unlike traditional deposits, when you transfer funds to third parties, in our Parking system all your coins are stored on your wallet and you can re-park them or move from the wallet whenever you want. How it works in details, you can see in our White Paper https://minexcoin.com/html/download/wpeng.pdf
I know there was super hype around minex not too long ago, it went sky high. I did not know about their platform so thanks for that will check it out.
Btw I hope its not like the Bellyrub bank lolz, that would suck:/ Almost 20% sounds pretty sweet tho!
Good luck!
Yes, you have to be sceptical in this space. For me it looks like Minexsystems has a serious development plan, so I do not believe it is a BRB thing. Also, my purchase price for Minexcoin is very low, so it is definitely money I can loose. It is not going to be 20% monthly forever.
What do you think of the current price of minex coins, is it still safe to step in the game?
Difficult to say. I am a little reluctant to give investment advice, because I usually use fundamental analysis, which is not possible with cryptos. But, if MinexCoin follows their roadmap, the upside should be huge.
Okay, thanks for your honest input. I guess I'll try it, gotta risk it for the biscuit :)
Interesting! I will definitely check this out! Thanks for the tip! 😁
Minexed coin reminds me bitconnect or did I get something wrong ?
Bitconnect is an obvious scam. I can smell that from miles away. Minexsystem do not have any scammish attributes imo. The monthly return is from coins that Minexsystem have, and to create demand and scarcity. Just read the wp and stuff:)
You got a 4.55% upvote from @postpromoter courtesy of @janusface!
You have received an upvote from STAX. Thanks for being a member of the #steemsilvergold community and opting in (if you wish to be removed please follow the link). Please continue to support each other in this great community. To learn more about the #steemsilvergold community and STAX, check this out.
You got a 5.33% upvote from @allaz courtesy of @janusface!