Is TenX about to moon? Investment opportunity perhaps.

in tenx •  7 years ago 

If you know crypto then you've probably heard of TenX.

Their goal is to provide a bridge between using money in the real world and owning cryptocurrencies via a smartcard and android/ios app that will allow conversion of your crypto's into fiat at the point of purchase. They want to bring crypto transactions to the masses, and get this... they pay you back a percentage of their profits!

What problem does it solve?

The process of converting fiat currency (dollars, pounds, yen etc.) to crypto and vice versa involves a drawn out process of using a third party, giving out personal information, trusting that party with your information and paying high fees in the process - just like using a bank account.

Tenx makes this process quicker and easier. It is a multi crypto wallet that also acts as a payment gateway.

The team is very active and open on social media. If you have time this video from Boxmining will give you a good overview

The important bit

So why do I think now is a good time to buy?

There are reports of over 100,000 TenX card orders made. This is going to get big.

TenX is at a relatively low all time price. At the time of writing $1.67

The technical analysis boffins in the crypto community are talking about a classic 'cup and handle model with a downward wedge' and the value of Tenx is about one third of its August 12 high of 5 dollars.


Source: https://www.tradingview.com/symbols/PAYBTC/

I can't see this price going much lower, but I can see a high probability of at least a x2 increase over the next few weeks.

I have invested in this today, but as always, this is not financial advice. Just an educated guess on a good project that I feel has a high probability of giving a nice return.

And of course please do your own research before investing and never invest more than you can afford to lose.

Peace out.

Johnnyrevolver.

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Precise and informative article..Also I think Lisk is gonna go big! What is your take on that?

Yes definitely :) There is a lot of hype about Lisk right now especially since their re-branding and marketing campaign. The chart looks great on coin market cap. I got a tip off last week so put in a couple of hundred dollars (wish more now heh). There is talk about it rivalling ethereum in the future, but I'm not too sure about that.

I think TenX has a promising future long-term. When will it moon? That I am not sure.