CountingHouse - A Smart Investment Decision
In this piece, I will be sharing my opinion as to why u believe countinghouse to be a smart opportunity to invest. Investing in ICOs and specifically finance projects can be risky but here are a few factors that I have analyzed and made me believe Countinghouse is a good investment opportunity. These factors are the project, the target market, the progress so far and the token economics.
The Project
The countinghouse fund is not a complicated project to understand. This is an already established direct hedge fund for foreign exchange that is expanding into the crypto space.
Unlike other alike crypto projects, countinghouse excels in a volatile environment and already has working coded algorithms and mathematical techniques to achieve this. This is not a trial by error kind of project or one that is just testing the waters, it is a platform that is going to work straight off the start and applies existing techniques to work.
Target market
The total cryptocurrency market cap presently is just over 300 billion compared to over 700 billion in January 2018, the crypto market is very volatile with unpredictable bull and bear runs in that period. Crypto traders and investors have to deal with this pump and dumps, and a sizeable amount records losses in the bad times.
Countinghouse project is providing to the crypto space a tool that is previously inexistent and a way to stay in profit even in the period of terribly volatile market runs.
Unlike a lot of other projects, in the case of countinghouse, the target market is not niche related and everyone in the crypto universe stands to benefit from this platform which will be an added advantage as compared to personally executing trades.
The Progress So Far
This is a very important point to consider before investing in crypto to projects because a lot of projects are basically very good on paper but struggle to live up to their hype.
The countinghouse fund has fiat exchange algorithms that have netted between 70-120% yearly, which is the less volatile fiat exchange market is a very good figure. When introduced and tested with cryptocurrencies over the past year these algorithms have yielded much higher results.
It is accurate to say Countinghouse as a working prototype.
The Token Economics
Countinghouse Fund's tokens are standard ERC20 tokens, represented by CHT. These tokens will be used for trading purposes on the market paired with different crypto assets. Also, this tokens allows investors to monitor live the value of their holdings which they can liquidate anytime they want to.
Token Details
Ticker: CHT
Price: 1 ETH = 1000 CHT
Token Type: ERC20
Token Cap: 50,000,000 CHT
Pre-Sale Bonus: 30% bonus CHT
The 50,000ETH hardcap is very good considering that other alike platforms with no prior success in the sector, raise a lot more. However, the most appealing factor about the token sale process is the fact that, the funds raised will go straight to investors trading accounts and not to acquire any infrastructure or hire new staff.
Conclusion
I personally believe this project has enormous chances for success and as I have said above has the foundation to build upon. To learn more about the project and token sale please visit the official contacts below.
Official Contacts
Website: http://countinghousefund.com/ico
Whitepaper: https://www.countinghousefund.com/whitepaper
Telegram: http://t.me/Countinghouse
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3406903.new#new
Facebook: https://www.facebook.com/Countinghouse-289073354768908/
Twitter: https://twitter.com/CountinghouseFd
Reddit: https://www.reddit.com/user/Countinghouse_Fund/
Connect with me on bitcointalk here>>
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1556229
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Perfect post dude ^^