I am dumping every single one of my NEO in 2 weeks

in cryptocurrency •  7 years ago 

Seriously! I am dropping all my NEO. Why would I such a crazy and daring thing when I believe so much in the coin and platform?

The answer is simple - red-pulse.

Red Pulse ICO will be launching in 14 days.

Now the people over on the reddit forum are skeptical about a project that only accepts NEO for its ICO.

Most said they won't do it.

I am not most. I am predicting exactly the opposite of that post.

My reasons, are because of my exceptions of the project itself - something it seems no one is taking into account on that forum.

What is red pulse?

Red pulse is a financial app reporting on all things relating to the chinese economy.

The app launched in 2015. They currently have 50 institutions utilizing their app, several fortunate 500 companies, a newsletter with over 50,000 subscribers, support for both Chinese and English languages, and several other features.

Taken from the faq on the website about what red pulse is:

Red Pulse is an event-driven market intelligence platform covering China’s financial markets, providing clients with the context to make informed business decisions. We employ machine learning, Chinese natural language process, in addition to traditional research practices to help solve the problem of information overload. Our open content “research ecosystem” will be able to scale up the breadth and coverage of the research process by employing independent analysis and blockchain technology through a “sharing economy of research.”

Potential for Future

Okay this is a huge risk because right now China, the USA, and Canada are all looking at legislation to regulate ICO, ITO, and Assets distributed through the blockchain.

Despite this I am still hopeful. I actually believe this app will grow to include NEO within its reporting on the Chinese financial market.

I expect that it will report the value of NEO, it will report on ICO's, NEO based coins, tokens, and assets, and all things NEO.

That is why I expect the ICO to be very valuable. Not because of its actually initial launch but rather because of its potential to use the money from that launch to further the NEO platform.

If my predictions about this project are accurate - I expect the day they announce in depth NEO based project reporting - the value of the project will increase exponentially.

Presales Information

In the Press

 

Final Note

DO NOT SEND NEO FROM AN EXCHANGE TO JOIN THIS ICO. ONLY COINS SENT FROM A PERSONAL NEO WALLET WILL BE ACCEPTED!

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I dont understand, if chinese block whole ico's then you will loose lot of money. And dont you see anyother better currency than red pluse ? Becoz some coins are doing good compared to upcoming icos

If I only invested in one single coin, I wouldn't be here posting articles about investments :)

However, after announcements that Red Pulse will not be accepting people from US, China, or Singapore I cannot partake in the ICO even if I want to. But frankly the requirement for photo ID/passport would have kept me out... I will be updating about this.

Reading that head title I was like huh?! After advocating it so much he wants to get rid of them? ^^ This app seems like it already has a lot of reputation, and sounds like a risk but a very rewarding one. Though wouldn't it be better to like invest half of your NEO in it?

This is a question that can only be answered in hindsight. Is it SAFEST to keep some money in NEO, yes. Is it better? Absolutely no way to know that.

Would it have been better in 2010 to put all your fiat currency into bitcoin or only some of it? At the time the safe bet would have been only some of it, looking back the smart thing would have been to put it all in.

So you're more of a risk taker ;) Just thinking that since NEO will probably rise anyways, it might be wise to keep a little bit invested in it. Though yeah, this project will probably be way more rewarding if it succeeds. Guess I am more of a guy that spreads his stakes ^.^

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So you are going to invest all your Neo (Chinese) into something called "Red Pulse", (also Chinese), and that name coupled with a communist country doesn't scare you away?

Good luck with that!

Not only did it NOT scare me away, it was the first coin in crypto history, short as it may be, to have an increase of over 25000% in a single year. Meaning for every penny you put in NEO on Jan 1 of this year, its worth over $250 today. You mention it being Chinese and them being a communist nation in such negative tone. Listen - its BECAUSE of those things that I picked this coin. Its because China is a nation where they have INCREDIBLE control over competition and keeping things out. Its because its a nation where the average living wage is less that $1000 USD a year. THIS is why cryptocurrency exists. Outside of the the US, the vast majority of nations that embrace crypto are nations whose people are economically poor. So yeah when I saw the one and only chinese blockchain Antshares (NEO) and its coin Antcoins (GAS) I jumped right in. It has paid off very well. So yes I am dumping all my NEO (thousands of USD) into Red Pulse, a very well known chinese finsec app. :)

Listen - its BECAUSE of those things that I picked this coin. Its because China is a nation where they have INCREDIBLE control over competition

Wow, like I said... good luck with that.

Go on brotha, we believe in you!

Very interesting. The only problem is unless people have a lot of spare Neo I can't see many wanting to risk it investing.

They do say fortune favours the brave :) Thanks for the information.

So, is this still true now that Red Pulse is out there on the market?