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.
-----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.
Here is their source code
https://github.com/HOdlcoin/HOdlcoin
-----Evolution
Evolution of the value of HOdlcoin since its creation.
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$. Then it stayed relatively stable until that interesting burst we're gonna see in more details.
Evolution of the value of HOdlcoin in the last 3 months (October 2017 to January 2018)
We can see the big rise happens on December 18th, as its value is still at around 0.02$: 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
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