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Sometimes it's just luck

djohan

Published: 25 Jan 2018 › Updated: 25 Jan 2018Sometimes it's just luck

Sometimes it's just luck

Hi Steemit.

Sometimes in investing it's just pure luck. This is one example. One day my friend talked to me and told me he bought Monacoin and made 50x gain. I asked him what is Monacoin? He said I don't know, it's just recently popular in Japan so it went up. Ok so if it's loved by Japanese it would be up a lot? Yes pretty much. It has a cute cat logo by the way.

mona.jpg

Ok I will now find a coin that is Japanese and will invest in it too. So i found this sumokoin. It sounds very Japanese so i decided to invest in it

sumo.jpg

It was around 80 cents at the time i bought it. And after about 2 weeks it went up to as high as over $10

sumo graph.jpg

I am not really sure why it went up, and it's still much higher than the time i bought it for. Sumokoin is a fork of Monero and it has similar and improved function than Monero.

This is not financial advice. If anyone knows why sumokoin went up 10x please share your knowledge in the comment section, as i am now interested in this coin , i mean koin

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