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RE: PlexCoin - The Next Cryptocurrency

in #news8 years ago

As awesome as this looks, let's be honest there have been a bazillion new cryptos/ICOS in the last few months, and while I suspect this might slow down a little as it's been called a bubble (ICOs I mean, not crypto in general) and people are complaining how sick they are of investing in the next best thing and losing a large % from pump and dump.

Nothing against PlexCoin per se, and it might very well be all that it's cracked up to be and more (I admit, the credit card concept is sweet!), but @jerrybanfield did a couple videos on the topic, and I'm inclined to agree -- the best time to buy a new crypto is NOT at the ICO, but rather waiting a few months - a year until the pump and dump stage is over, taking your time to find a good entry point, and then jumping on it.

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very interesting point of view! I do agree about it too...

thanks! yeah sometimes the boring / conservative approach is the most beneficial in the end :P

not always...