You don't think having BTC will bring much volume? I agree we still have a long way to go before people stop using CEX but if Nash launch with BTC we'll probably be the biggest DEX.
Nash Exchange (NEX)
Benjamin Reyes
Lucas Jenkins
>When launch
Soon. All of the beta testing ended last week. In early May they said within three months, and I think there was a Q2 projection, so most of telegram expects it by July 31.
They've also previously said that it wouldn't be before they were satisfied with the user interface, and they've recently stated that they are currently satisfied.
So, there's nothing else on the list to check off. Nothing to wait for other than a formal announcement. Which is why the price is slowly climbing each day. The smart swing traders are jumping in now in anticipation of the impending pump and dump.
Ayden Brooks
There's something like five people holding 100k+. Everyone else is on a level playing field.
Carter Ward
When you gonna sell, you gonna buy back in after the dump? What’s the swing look like? Btc value has dropped but usd value has finally start to rise after bottoming out above ICO
Jack Butler
>if Nash launch with BTC we'll probably be the biggest DEX.
That's a big "if."
If NASH if first to market with BTC trading pairs, that will help. It supposedly acts like a CEX, and that will help. But, even within the crypto community, there are still too many people that think their tokens are stored in their wallets, and don't understand the tremendous benefit of a DEX.
If NASH achieves their goals as an international payment processor and financial services leader, then yea, 1,000 of them could be generational wealth. But that's harder to predict. I'm pretty confident there's going to be a pre-launch pump in price.
Jackson Diaz
I can see this, met someone other day who has a ledger and couldn’t manage to withdraw alts off binance into it, so he bought a Trevor and it’s still on binance.. as glorious as Nash will be, it’s almost ahead of its time.. but if it can do payment and financial services then that could be a game changer
Ayden Reyes
It's always easy to find reasons why it's different this time; and I can find them with NEX without looking hard, but, the best play is probably like it always is: sell the news. So, a day or two before launch. How long to wait to buy back in depends on when they integrate BTC pairs, USDC pairs, Fiat purchases, etc. Probably will be a similar sell the news pump at each event. I don't see why you couldn't 10x your stack swinging all of the above events.
If you sell and it takes off, fuck it. Buy FTM or Aergo or something that hasn't mooned yet. There are a shitload of pumps coming and they're all shitcoins. Each and every one.
Anthony Baker
I guess this is another shit coin like the rest, but I’ve always thought this one was slightly different
Ethan Martinez
>as glorious as Nash will be, it’s almost ahead of its time
Well, the optimist side of the coin is that they are the first ones applying for a license to trade securities in teh United States, which will render them immune from the coming SEC inquisition. Bitfinex and Binance are squarely in teh crosshairs, and the long-arm of the SEC is coming for them. NASH will be left standing with much fewer competitors. So, there are reasons to hold long term and ignore short-term price fluctuations. I don't take issue with either strategy: HODL or Trade. NEX is a solid pick.
Daniel Brown
>I’ve always thought this one was slightly different
We always do, user. And it may be this time. 50% of the circulating supply might enter into staking contracts. The pump might last after launch.
But, selling the news is a psychological hurdle. 95% of the time it's the right play. 5% of the time it's BNB or ETH and it just keeps going. And the fear of missing that is keeping you paralyzed the other 95% of the time when you should sell after 300% gains. You'll end up far better off if you accept missing ETH and BNB and snatch up the profit when it happens. If NEX keeps on mooning without me after I dip with 500% gains, then fine. I'll happily move my profits over to Aergo and FTM (or something else if those moon in the interim), but I think I'm going to end up with a fuckload of NEX instead.