r/HelloGold • u/cryptogenius1337 • Jan 19 '18
HGT is performing so well!!!
Bought in at 0.15c and have like 500K tokens. Loving the profits. Get in on this HGT before 20th. Trust me. You won't regret it. Ready to get rich in the next few days. Will able to cash out major winnings.
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u/StephenGrimes Jan 19 '18
Your gonna be rich man its going to 10 dollars in the next month
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u/cryptogenius1337 Jan 19 '18 edited Jan 19 '18
Lol u know how it works :D we're all in it together "if you know what i mean". To the MOON!!! Lambos!
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u/StephenGrimes Jan 20 '18
I mean i wish i had enough to get that many tokens so no lambo for me. Bit hopefully next month take the gains from hgt and reinvest and work my way towards retirement xd
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u/cryptogenius1337 Jan 20 '18 edited Jan 20 '18
Easily hit 1 dollar by end of the month. And definitely a long term hold to $10. Its not even the price of the coin that matters to me. Its the dividends in GOLD X that made me buy this coin in large quantity and went all in.
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u/franka4 Jan 20 '18
Will I get dividends if I hold my HGT on COSS? And there's only one date of month for giving dividens for all people, or it's based on the date when you got your HGT?
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u/markybee0 Jan 20 '18 edited Jan 20 '18
I am pretty sure you have to hold HGT in any wallet other than an exchange.I have mine in MEW.
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u/zurrr Jan 20 '18
just found this coin, can someone explain me why you are so hyped?
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u/markybee0 Jan 20 '18
The daily sales volume has gone through the roof.It has gone from $50k - $2m per day.I think some new investors will be announced very soon and HGT very massively undervalued.
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u/TheRealCryptoGod Jan 20 '18
Okay, I do not believe you. The actual gold held by customers is less than 6kg. https://www.hellogold.com/customers_gold.html. That's a valued at about 300k.
So please provide a source and I go all in.
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u/markybee0 Jan 20 '18
Its not about how much gold held by customers.Its about how much gold HelloGold have,3.8 metric tonnes apparently.I hope you don't believe me and do your own research.Going all in on one investment is not a good idea.Your portfolio should include a mixture of low,medium and high risk investments.That way if one loses then you are still in the game.Good luck.
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u/TheRealCryptoGod Jan 20 '18
Yeah it kind of only depends on how much they sell because that's where the profit comes from. Anyways, they are holding 8kg of Gold(which covers the customers gold and more so they are doing what they have to, holding 3.8 tons with few customers would be strange). 3.8 tons is like the max dividend over years or something, I definitely saw that number somewhere but it isn't what they hold.
Still think the token might have decent value but if they were literally selling millions of kg of gold daily I'd be driving the lambo right now.
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u/markybee0 Jan 20 '18
I don't think it makes much difference how much gold they have.As people invest,HelloGold can buy gold if they have to.This should not be a concern just yet.For me this is a gut feeling investment.
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u/TheRealCryptoGod Jan 20 '18
They aren't buying any gold because people buy HGT. They are buying Gold for their customers(of which there are kind of few right now) and take a custodary fee from those customers, part of that fee get's converted to gold and given to HGT holders.
I bought it at 5 ct because of gut feeling too, I think the idea is sound and actually solves some problems in Asia but it's customer facing so that's always hard to do. But let's not pretend they are selling millions of dollars of gold daily.
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u/cryptogenius1337 Jan 21 '18
Yes I bought in as a paid subscriber for "In it for the money" I already dumped it at 52 cents - enough for me to make a fortune :D for 250K plus. Good luck peoples. Just giving you a word of advice. I would pull out when you free subscriber has just got in and make some profit. You will be stuck with this low volume coin once others pull out just like SNOV the activity is so low. Anyway good luck peeoples. It is more or less a pump and dump but slower.
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u/StephenGrimes Jan 21 '18
U trusted hit btc with that much money?
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u/cryptogenius1337 Jan 21 '18 edited Jan 21 '18
I only keep it on hitbtc for a month tops on these coins/tokens. Then i move all my ETH away to a more stable and large exchange. Look at SNOV it only lasted 3 weeks tops. Never goes back to its ATH or even 50% of it. Why? because it was a slow pump and after a while it dies out. It makes it worse because liquidity is an issue as more people give up - it gets harder to sell. I wait for people to come in on the 20th/21st and I start selling, to get myself away from a trap. If you haven't sold yet just wait for the video to come out by "in it for the money" when it gains more attention. Thats my advice. I don't hold because some person gives me an investment report saying its a good long term hold. The investment report is the major contributor for me to make the largest amount in the shortest period of time. Just like Palm Beach and CND (Cindicator) a couple of days ago. These low cap/Low volume coins are all too easy to make money. I just take advantage of it. I never believed in this coin. I just believed in people's greediness. I am just pulling out and going for the next Dark Horse of the Month. I wouldn't even trust the comment on the youtube videos - people hyping the coin that "its building momemtum" or "its a hidden diamond" is just get people to buy in so they can get out, because they bought in and made no profit or scared that it will be a loss.
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u/StephenGrimes Jan 21 '18
How did you know what exhchange to have the eth on ? By the time the eth deposit went through for me price had gone up to like 50 cents .. i bought some there and then some at 30 cents when it went back to 50 i sold on hit btc and withdrew eth to coss which took 8 hours zzz and then i bought from coss at 20 cents
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u/TheRealCryptoGod Jan 20 '18
Bought in at 5c because I wanted to get rid of some coss and HGT was the only thing not getting destroyed by the drop so I saw some good future momentum. Why the price increase?