I hope everyone had a great weekend. One of the most difficult things running a group like this is choosing coins wisely. I don’t always chose wisely though 99 percent of the time it is with small cap’s which are very risky and is difficult to tell whether or not they will make it for the bull market. I find most people who run groups like this feel this pressure. With that said, I woke up to a message in my DM’s from a CT club member who pointed out something a bit suspicious to me. I won’t mention his name for his privacy but he pointed out something on AQTIS that concerns me as well.
Check out this link: https://staika.io/#lastPage
Now check out AQTIS website: https://aqtis.io/
Its clear they went cheap on their website but I didn’t know they literally copied STAIKA(which also went CHEAP). It started to make me wonder what else they went cheap on. NOW keep in mind that this is not a VC funded coin. I usually give cheaper websites a pass for that reason but copy and pasting is quite a big turn off to me.
I am up quite in this anyways as you can see with my original trade alert which I entered at a mere 4 million dollar market cap (now its over 6 million).
Congrats on anyone who copied this trade alert: https://www.patreon.com/posts/trade-alert-cap-88682836?utm_medium=clipboard_copy&utm_source=copyLink&utm_campaign=postshare_creator&utm_content=join_link
But I am going to take my initial investment out of this coin. I was going to wait for it to double but after reviewing this message, I think there are other opportunities. Regardless, I will let the rest ride in case I am overthinking this. It still is a great project on paper and it could do very well in the future so by taking out my initial investment, I don’t have much skin in the game.
This is the name of the game when we dabble in micro caps. Its important to be willing to let positions go with these. Never marry these coins.
Toby
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.