Hi Steemit.
Sometimes in investing it's just pure luck. This is one example. One day my friend talked to me and told me he bought Monacoin and made 50x gain. I asked him what is Monacoin? He said I don't know, it's just recently popular in Japan so it went up. Ok so if it's loved by Japanese it would be up a lot? Yes pretty much. It has a cute cat logo by the way.
Ok I will now find a coin that is Japanese and will invest in it too. So i found this sumokoin. It sounds very Japanese so i decided to invest in it
It was around 80 cents at the time i bought it. And after about 2 weeks it went up to as high as over $10
I am not really sure why it went up, and it's still much higher than the time i bought it for. Sumokoin is a fork of Monero and it has similar and improved function than Monero.
Well its a private coin so those should see lots of growth with all this tax talk in crypto
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thank you bitcoinman, yes it supposed to be more private than Monero. Might be launched at the right time when privacy is needed
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Wow..thats really pure luck...and I will now analyze the japan crypto market deeply to get lucky like this.
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I am hearing about sumokoin for the first time from you and I will have to do some more research about sumokoin and after that I can give my feedback.
Thank you...steem on and stay blissful...
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@djohan, Yep.....Japan has huge market for cryptocurrecy. They have some interest to some coins definitely gaining any coins.
This time I accept your opinion of Monacoin and Sumocoin.. Maybe in future will be awesome both coins with their gaining.
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thank you madushanka. Yes Japan is very huge for any coin, they really adopt new technology very well
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Hahaha you're very luck @djohon
I will try this. I will try from China.
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thank you darksea. It's already up, so i think better find another coin
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I love Mona's website and coin design. Very slick.
I love cats also. Doge is original of it's kind, and I also like Mona's Litecoin 84 million supply. Very limited, and it's a fun coin to hold :)
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thank you kevbot, so i guess the logo and designs also matters a lot for a coin. I never thought about that, but seems you are right
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the logo and design caught my attention first because I couldn't understand the Japanese text. I have studied Japanese 1, but my memory of it has fleated. The design is so beautiful. I rarely say that for any coin. The dark , Japanese walkway with sundown in the back with a cat coin. It's awesome.
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Oh yes, the Sumokoin is a very interesting coin and the fact that it's Monero, one of the most respectable crypto-currencies well known for security, confidentiality, lack of payment tracking and active development, makes the Sumokoin even more attractive. Sumokoin is one of the few rare crypto currency with true interchangeability. This feature makes the digital currency similar to physical cash, that is, no other people can find where the money comes from and how much it was transferred. So I think your investment was very successful! Thank you @djohan
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thank you serkagan, yes i think it has a lot of good features especially the privacy
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Wow...Sumo worth over $7. Amazing... I've never heard Sumo before but already heard Mona. Its best currency in this platform.
Thanks for analyzed both coins.
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thank you dragonking.I think sumo has better features than mona, but mona has a advantage of being exchangable to Japanese Yen which make it easy to buy and Japan is huge market. Plus the cute cat. But i would prefer Sumo as it is still new and have more room for growth
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Congratulations @djohan
Now you are in the MinnowsPower Loyalty Member List...!!!
Exceptional experience & it made a good profit. Market supply & algorithm are key concerns...!!!
10% Upvoted by @MinnowsPower
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thank you minnowspower
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@djohan,
Japan is fully crazy with crypto :D I didn't aware about Sumo until i read your article! Hope it will give a drop to enter to the market! Excellent update friend!
Cheers~
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hi theguruasia, sumo is still very new, and because it sounds Japanese it might be listed on Japanese exchange, who knows, and it will be up a lot. As for now it's in small exchange cryptopia. So i put a little for long term hold as high risk/reward
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Hello @djohan,
Extraordinary good idea to invest on small market cap coins & get more ROI. Incredible information.
~@mywhale
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thank you mywhale. Yes i would invest a little on small coins for my high risk/reward actions
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it';s not the luck. it's your ability of analysis. you made a nice market analysis & it works well. congratulations @djohan
@resteemia
reteemed & upvoted & commented & followed
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thank you resteemia
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hahah that must be the greatest feeling of all time :D
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or worst for not buying more. Lol
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Right now i think all projects that are coming from South Korea and Japan have a big advantage because blockchain is more known there...
I have some monacoins but very little :)
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I just visited Korea and Japan, and it seems cute logos matter a lot as some coins have similar functions so why not choose something cute like cat or sumo or doge. lol
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Nice post, well i hear first time about these two coins cutesy to your post and i agree japan crypto market is so big, i will try and do more research on these coins soon, thanks for sharing this nice information with us, Stay awesome.
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@djohan sir...
Digital money can make us rich to deal with ourselves. I genuinely trust that. Be that as it may, what I additionally accept is that it will influence us to sufficiently fit to serve the penniless also.
It is absolutely difficult for all to give. Every one is battling in their own specific manners. In any case, that is the magnificence of life is it not? One who has seen the intense time will identify towards the one enduring. Such a one when independent can promptly consider helping other people. When I put in endeavors to gain, I should put in little endeavors along to share.
One might be poor out of absence of education, another might be expected life's weight of overwhelming obligations, another might be out of sheer apathy and some might be not able meet the sudden needs of life. In any case, the truth of the matter is same. They all need assistance. From numerous points of view it can be tended to....
Cheers~~~
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Wow friend this coins make big the world of crypto with the growing in little time know friend I want take something of my money and make a regular invest in coins but I had loss money in a lot of ponzis and now I am more carely with my cash
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Yes, a good investment, I congratulate you. I generally think if you analyze and study new alts, you can earn good money. The main thing in this business is patience. Thank you for the information.
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@djohan..yes bro japan hage a large cryptocurrencies market ..most of the coins are introduced from the japan and most of the top investors also from the japan..Congratulations to you for getting good profits...plz tell me some new trusted coins of low cost of below 1 usd....plz tell me..
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Sir. if I have any mistakes.
Please Forgive me.And remove flag from my comment
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@djohan
Please sir remove flag
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i need to research a bit and then will invest in that
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@djohan - Sir you used a nice strategy & it works well... Good information Sir... Next time i also focus on Japan interests...
+W+
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Sumo coin perform well. Thanks for telling about sumo coin
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So the formula is quite simple, the crypto which is popular in japan is going to rise by 10X at least and this is as simple as that, so we must take clues from the japan and then decide whether invest or not and we can be profitable.
Thank you @djohan and Have a great day.
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crpto is number & number Nevar end thanks for information @djohan
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I was mining Sumokoin before it was 80 cents. I don't find any reason why it went up. But at that time many altcoins went up to 10x gain. Bitcoin market share was reduced from 50% to 34% since.
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You made a sensible investment.
Investing in new emerging coins will be valued very well in the future.
I have no idea about this coin
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sometime luck is a good thing :) specially in crypto
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actually we all know that japan has a huge market and congratulations as i know buying a coin before it's get popular is sometime great because as the time it get popular for sure the price will be 10 times up or even more
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mona coin to the moon now that's sound cool too :)
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50x gain wow looks like the year end target will be achieved soon :)
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sumokoin the name is interesting and everyone will get attached too :)
thanks for sharing about it
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Japanese things are always great i will hold on to this one
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i too had these luck sometimes but the more i trade the loss increases hahah
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Thanks for the update and Valuable info .
Resteem
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thanks for the info. useful blog @djohan
For your post propagation.
Upvote/Resteem
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Wow congrats upon the investments it sure is quite a great profit I should say !
Sure is luck in favor of you !
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hahah cute logo i like that too interesting to make profits in crypto in short time :)
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crypto is one of the biggest opportunities since the invention of the internet itseif....great times to be around..............................
......................................
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do you have any other coins recommendation too
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