About YOVI #English

in yovi •  7 years ago  (edited)

YOVI is probably the only R.O.M. (Rise Only Market) coin out there. It is one of the signatures of the Yobit market. It could be a good alternative to rise our BTC, especially on bear seasons.

Everything can be that beautiful? Lets see pros and cons of the YOVI.

Yobit made some strict rules on YOVI.

So, you can not put 3 BTCs and take out 3,005 BTCs next day.

1st sign on the previous graph shows current sale orders, you can easily see the steps are at least 0.000001 away from each other . 2nd sign you can see the last orders that executed. And the 3rd, you can see last 6 months graph.

I bought some YOVI on 20th of Jan, and you can see the calculations behind that after almost 20 days.

Next one refers, if you put 0.1 BTC for 365 days, what you'll get, on the normal circumstances. (Daily gains is usually between %0,3 and %0,4. The calculations based on that interest.)

We see the pros, now it is time for cons.

You can not sell your YOVI's instantly (even for a big loss). My calculations shows the earliest time to change to BTC after giving order, is around 60 days. It is like a deposit account.

If the market grows bigger and daily trades becomes 20-30 BTC (0,5-1,5 BTC nowadays), maybe will have better times.

On the other hand, Yobit is relatively small market, so that may cause some trust problems.

If you have any corrections on the matter, i d love to hear. These are my research, and there is not much resources to read. Thats why i try to explain as much as i can.

In conclusion, Yovi is the only (as far as i know) ROM coin on the market, which can be promising on bear season, especially for HODLers.

If you want to try the coin and if you want to use my ref link;
https://goo.gl/UTHvEw

Good luck on your trades.

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