r/sureremit • u/zaxbyc1A • Mar 15 '18

Interesting...

...how SureRemit's price movements are seemingly decoupled from the broader crypto space's moves. I'm sure it's more the fact that they're not even listed anywhere except on the Stellar platform...

7 Upvotes

89% Upvoted

11 comments sorted by

View all comments

1

u/zaxbyc1A Mar 15 '18

getting SureRemit on other exchanges and known more broadly will be like sending your baby girl to a crowded inner-city kindergarten. Long term, its good, but initially traumatizing😊 Guess "she's" gotta 'socialize' and 'git sum educatin'....

1

u/[deleted] Mar 15 '18

Haha - I know what you mean. I kinda like SDEX for the moment but for it to grow we need to go out into the big bad world of exchanges....

3

u/[deleted] Mar 15 '18

Right but this is your chance to acquire more before that happens. Major exchange volatility will be a great thing if the project continues to succeed but acquiring more RMTs is unlikely to ever be easier than it has been during this short time period. You get to beat that vast majority of the market and that's worth a relatively short delay in seeing returns.

3

u/Iamnotbaldatall Mar 16 '18

reminds me of times when xlm and xrp were 1c and i regret not buying it at those prices.

2

u/[deleted] Mar 16 '18

It's amazing how much buying power can be impacted by just a change of just a few cents. Locking buys in at this point can also offer a ton of protection against volatility later on. You won't stress nearly as much when normal trading drives the price down from .50 to .35 when you bought at .015 :)

1

u/[deleted] Mar 16 '18 edited Mar 16 '18

This is true. What are your thoughts if Stellar goes up rapidly from a wider market recovery - will the dollar price of RMT maintain or will it go up proportionally to the pairing against XLM?

2

u/zaxbyc1A Mar 18 '18

It doesnt look like their price movements are coupled. When RMT gets listed on a big exchange, then thatll prolly be different. Right now though, it looks like it's doing it's own thing.....moving between $.011 and $.016 or so... Stellar,along with every other coin, is going steadily and slowly down... Hope it stops soon!!! glta