this is the question giving me trouble since i woke up this morning
to buy or not buy
will it be a good investment if i buy AVA at this period of time with all this Bulls running around???
when i got to the trading platform i noticed the spot price of AVA trading at about 4987 satoshi per unit
when i actually bought my first AVA coins was back in November and i bought it for 4100 sats per unit.My friend ,my gentle friend @trumpman persuaded me to proceed with the purchase and i owe him for this bigtime
now i have to stake at least 500 in travala platform i'm at about 200 coins short,but should i buy now??
actually i shouldn't be asking this question not even bother myself if this is the right price level to buy some more cause i'm not willing to trade the coin and make a quick profit out of it but stake it and use it in future
but when you come at this point to put your own money in the game everything is under inspection
so what i did is going to coinmarketcap.com/ and checked once again on AVA coin
what is the information we can get out of it?
first of all the coin ranks at the 184th place which is not so GOOD if you consider STEEM is 150th, on the other hand if the coin goes to 80th position the price will be different so i should not complaining at all
the second thing which i didn't notice when i entered the game in November is that the maximum supply of AVA is 61,125,269 coins
that's it,no more coins around and the circulating supply atm is 45.5 millions
in case you wondering this is a good thing
the market cap is $111,271,225 which gives us the potential for further growth
let me mention that the 24 hour volume of the coin is something around 11 million US dollars...not bad,not bad at all
according to all of these information i decided to proceed and buy the coin
we will see in future if it is a good investment or not
what do you think!?
i wanna hear your thoughts even if you disagree just comment below
