Right now everyone is panic selling as the bitcoin update comes closer and everything is becoming dirt cheap. My opinion is its one of those golden moments to Buy and make a health 50 to 100% return. But.....
But a new movement I found really interesting is when I came across a youtube channel called "high on coins" the youtuber "Max" has started a community where the strategy is simple... everyone that follows the channel to just buy and hold or HODL (hold on for dear life) ...now if everyone follows that advice technically the demand for the coin would go up as the supply goes dry.
He chose the coin Chaincoin CHC which is a masternode coin, where you can take 1000 coins and set up a masternode, this will give you a nice return on your coins every months more like a dividend payout. The higher the coin goes up the more dividend each master node will make you.
The ultimate goal from this community "high on coins" is to get each master node holder (those who own 1000 or more coins) to make $10,000+ per month. The way the coin is going up as more people start to buy and not sell the more this theory seems likely to be working. There is a limited supply of Chaincoins which is 15,041,344 CHC this is similar to the amount like Monero XMR which is 14,791,298 XMR that hit a price high of $50+
So my guess is chaincoin if the community stays strong and follows the strategy they could reach at least $30 very soon due to the limited amount of coins.
The youtuber Max is very knowledgeable in trading and has technical strategies he uses with his community to fend off pumper dumpers by building buy and sell walls on the exchange and certain price points, so we'll see how that goes. Its one that I personally invested in yesterday at $2.40 and I think it will continue to go up as the movement grows, definitely worth checking out as Bitcoin continues to take a dive due to panic.
Overall I think its a new trend coming in where new communities are being built to believe and support certain coins no matter what the market condition just hold and Chaincoin is definitely one of those as the price chart is proving.
Checkout the coin info here; http://www.chaincoin.org/
and the Youtuber;
