RE: Monetha - The PayPal Killer - E-Commerce App For Android and iOS

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Monetha - The PayPal Killer - E-Commerce App For Android and iOS

in steemhunt •  7 years ago  (edited)

Pros:

  • Huge daily growth / fall in price; easy to obtain information about companies and their activities; fast, interesting, high risk - high performance; always open and accessible for trade.
  • When it comes to participating in ICOs, it is easy to access to invest in start-up companies; large profits
  • Within the mining has low risk - high performance; without great services, long-term investment, possibility of extracting different currencies; different types of mining: cloud mining, private mining.
  • Your long-term investment is low risk, easy to invest, invest in stable and reliable technology companies; large profits.

Cons:

  • High volatility, addictive; Pump & Dump, liquidity; problems with exchanges.
  • ICO scams, almost all ICOs fall below the ICO price at some point; the need for a better knowledge of the projects requires a lot of time; frozen money period; liquidity after crowdsale (low volume for people who want to sell tokens, then the price goes down).
  • Within mining it is very expensive to start; expensive hardware; a need for space; a need for a lot of electricity; Volatile cipher prices and severity levels (the price can drastically decrease from what you extract and there is a low profit risk to zero).
  • The long-term investment is without regulations (if the regulations are applied, it can cause a lot of severities).
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