HOdlCoin: the coin for holding purposes

cryptopedia.jpg

In the world of cryptocurrencies, there are 2 main strategies: either day-trading, with all the stressful moments that it can involve, and relying on long-term evolution, or holding. This is usually done with coins that we trust, coins backed up by a serious team of developers who really want to keep it on track. There has been a coin created for this particular purpose, and we're gonna make a review of it.

54142-hodl.jpg

-----About the coin

It may be the 709th coin right now, but its impressive recent surge of 384% makes it our coin of the day. Strangely I didn't hear about it earlier, because it is according to their site the cryptocurrency with the highest interest rate: apparently, 2000% have been paid in the 1st year to attract new "HOdlers", and a 2600% interest rate was given when it was created on May 1st 2016. That means if you had purchased 100 HOdlcoins, you would have been offered 2600 HOdlcoins. In a nutshell, it favors holders over traders. There is really not more to be said about it, as its purpose is very clear and interest-oriented.
Their website is very informative, with an interesting short presentation video giving more details about HOdlcoin.

http://hodlcoin.com/

Here is their source code

https://github.com/HOdlcoin/HOdlcoin

-----Evolution

Evolution of the value of HOdlcoin since its creation.

Screenshot from 2018-01-19 07-51-04.png

From this graph we can clearly see its value rapidly decreased at the beginning, as it lost about 10 times its initial price, going from 0.3$ to 0.03$. Then it stayed relatively stable until that interesting burst we're gonna see in more details.

Evolution of the value of HOdlcoin in the last 3 months (October 2017 to January 2018)

Screenshot from 2018-01-19 07-51-59.png

We can see the big rise happens on December 18th, as its value is still at around 0.02$: it rapidly bursts to reach 0.17$ on January 8th, so almost a factor 10. It would have been interesting to have some investment on it by the time, but given what has happened, and what can still happen, I guess it isn't too late, as there is still plenty of room to grow (or to lose then grow).

-----My personal view

You know in this world, certainty is not a common thing. But still, I believe if the teams carry on with their work on a daily basis, HOdlcoin can have a bright future. Of course it doesn't yet have the technology of other more successful altcoins like EOS or IOTA, Stellar, but still, I am going to put this coin on my observation list, and maybe I will even put something on it if it comes back at a value below 0.1$. You should always apply this golden rule: expect the best, but be prepared for the worst ! That means you only have to invest what you can afford to lose, so with this coin, I think it is worth taking a little gamble once its value loses this "factor 10" again, you see what I mean, there will be more room to grow fast easily. And even if it doesn't, you still have plenty of time ! No need to panic with such a coin that is interest-oriented (focused on giving more and more interests to its holders in the form of rewards).

That's it ! Thanks for your attention ! I will be back soon with more of the same kind ! Stay crazy and keep making fun of life instead of letting it make fun of you :D

MY CRYPTO-RELATED POSTS SO FAR : HAVE A LOOK IF YOU ENJOYED WHAT YOU SAW !

https://steemit.com/bitcoin/@loonyfool/china-and-bitcoin-mining-decisions-can-change-things-in-the-market
https://steemit.com/cryptocurrency/@loonyfool/crypto-alert-bitcoin-in-free-fall
https://steemit.com/cryptocurrencies/@loonyfool/crypto-news-ripple-bursting-my-views-don-t-get-emotional
https://steemit.com/cryptocurrency/@loonyfool/crypto-alert-what-is-happening-right-now-is-crazy-here-is-my-point-of-view
https://steemit.com/crypto/@loonyfool/vitalik-buterin-founder-of-ethereum-interesting-analysis-this-is-my-pick-of-the-day-as-a-crypto-video-lesson
https://steemit.com/ico/@loonyfool/new-interesting-ico-travelblock
https://steemit.com/cryptopedia/@loonyfool/the-metaphysics-of-cryptocurrency-putting-clear-sightedness-into-action
https://steemit.com/cryptonews/@loonyfool/japanese-companies-to-start-paying-in-crypto
https://steemit.com/cryptonews/@loonyfool/introducing-dlc-dollarcoin-and-a-spectacular-rise
https://steemit.com/cryptopedia/@loonyfool/coin-of-the-day-centurion-cnt
https://steemit.com/cryptopedia/@loonyfool/linking-gold-with-a-cryptocoin-goldblocks-dream-coming-true
https://steemit.com/cryptopedia/@loonyfool/chesscoin-the-coin-linked-with-a-game
https://steemit.com/cryptopedia/@loonyfool/making-life-online-easier-with-signatum-sigt

MY SOUNDCLOUD PAGE FOR EDM LOVERS AND MUSIC ENTHUSIASTS

https://soundcloud.com/user-845067406/hydrogen (with the most successful creation I believe, but you can also take a look at the others)

Screenshot from 2018-01-14 09-28-14.png

THE TAGS I USUALLY POST IN: CHECK THEM OUT ! HAVE FUN ! LIFE IS ONLY ABOUT FUN ! :D

ravemusic

arsenalnews

footballderbies

footballnews

trashilarious

cryptonews

cryptopedia

steemit.gif
steemit_voteresteem.gif

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center