COSS is finally beginning to Awaken after a Long Sleep

in #cryptocurrency5 years ago (edited)

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I became interested with exchange coins when I jumped on Kucoin at the right time. I like to see what I am investing in so I started using Kucoin. If you held their coin you would get a % of the trading fees in every coin they held on their exchange. This appealed to me because I wanted alot of coins on their exchange such as Red Pulse, Deep Brain Chain and THEkey so I was going to kill two birds with one stone. I jumped on it buying 10,000 40 cent. I doubled my investment when it went to 90 cent. I am a pretty disciplined stock trader. My degree is in fnance. I normally wouldn't let it go so much but once it hit 200% , I cashed out happy I made the investment. I made a couple of grand and I took the missus out for a meal. Then something happened. The bull run in December. Kucoin went to $1. It reached it's top i thought to myself. Kucoin smashed its resistance. The coin reached $20.16.

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Thats itched in my memory, that stupid figure. $211,600 to be precise. You win some you lose some. Anyway after this I started selling the trons, verges , iotas and cardanos and started getting into the exchange coins such as BNB, Zero Ex, WIX, Bitshares , Cobinhood and a little known exchange called COSS. (Crypto One Stop Solution.)
Now the crypto world were convinced that COSS was a better exchange than Kucoin. COSS give 50% of their trading fees to their COSS coin holders just like Kucoin. The only difference was that Kucoin was going to lower their allocation to 20% as the exchange grew. This meant that returns would be lower. COSS's whitepaper did look better also so I bought some of these and I threw caution to the wind. I purchased at $1 dollar and it went to $3 but then the crash happened and it fell hard. I had too many to sell so I decided to wade it out until the next bullrun. Lots of exchanges stood still. The guys at COSS are hiring.
So what have they done. They now have a US dollar gateway so you can now take out the middle man. Euro and British Pound are coming soon. Once you do your KYC process it is simple and easy and more and more USD / Crypto is being launched on a monthly basis.

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This week was the big one and they have finally launched their API. This was what we COSS holders are all waiting for because it will finally bring volume to the exchange. With volume comes fees, and with fees come crypto into my wallet.
I will just give you an idea of this project. The volumes right now are minute but if COSS starts trading the same volumes as the likes of binance in the future then you will be in for massive returns if you hold their COSScoin. COSS calculator does the maths for you. SO at the moment COSS is trading at 8 cent. If in theory you had 10,000 of these bad boys (about 700 quid) and volumes increase to the same levels as bitfinex which is easily achievable during the next bull run then you are talking about a return of 3000 dollars a week. This is excluding the FIAT gateway or their commercial gateway which still has to be introduced.

COSS have big plans and they have hired a team of dev's to their Singapore headquarters to work on COSS 2.0 which will be more powerful than binance and is set to be released in December. Meanwhile the API was released ahead of schedule on the 29th October and 18 bots have started running on it which has increased the volumes and the price of the coin. They are also advertising at premiership football matches.I do not normally see crypto adverts on billboards in the UK & Ireland.
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Chelsea vs West Ham with COSS on banner in background

With the long awaited API launched we will have to wait a couple of weeks until the large bot companies get up to speed before we see volume coming in and the price increasing but it is an interesting time to be a COSS holder.

☠️You know the story. I am not giving any financial advice blah blah blah.☠️


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Ouch, a painful story but it's still early days and it looks like you have your eye on the next lottery tickets....!

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I dunno Steve . One day a coin is the next big thing and then the next it is getting laughed at! Get in and get out is my strategy . The only people that really know what’s happening is a small selection of whales that run the market and anyone that says otherwise is bluffing.

Posted using Partiko iOS

What happened to holding $211 000. I would hate that to happen. Look you still made money so just be grateful. It is a bit like having a lottery ticket and you toss it after one draw not knowing hey have two lol. The Blanchy's could of had a good Christmas. i will talk to you about Coss. I like the sound of it.

I was too hasty but my stock market trading history told me to sell sell sell. 200% in that world is unbelievable. I was on the button with the exchange coins and I still believe in them. BNB is the most undervalued coin out there. COSS is a risk but it's money spent on the back of a few good investments so I have nothing to lose while holding it.

@blanchy thanks for the informative post!! Lots to think about.

Btw what is your opinion on Bitshares? ((:

I own bitshares so I’m biased . I think they are undervalued and with whaleshares starting up and their version of SMTs actually working at present , it is a very interesting platform . Some of the exchanges are complex such as rudex . Needs to be simpler

Oof... that hindsight though...

Well, at least you made something :)

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I also have a small share of COSS in my portfolio. Only 1000 or so. Still haven't collected enough dividend to let the ethereum distributed. For the moment I can only swap the non ETH coins to ETH. But I do have time.

Just let them build up . That’s what I do . It’s a nice little surprise then a few months later.

There is no other option. Selling the Coss coins would be stupid!
I will probably never get rich with them, would be glad if it can get break even!

sir blanchy! very interesting. what is the price of a coss coin? they sure have major plans but of course anything can happen. You are bullish longterm with Steem? since you study this stuff do you see steem inc. doing the kinds of things that will make it grow like the apps or is it more of a gamble in your opinion?

COSS was 6 cent while writing and is now 10 cent . It can only increase in my opinion . The API is finally here so this will bring volume hopefully . Yeah I’m bullish on steem . These SMTs are the real deal. I think blogging May become a small part of it and the good thing is if you delegate to one of these guys and they are being very quiet then you can pull your delegation. Beats the ICO way if doing things . You invest in an ICO and anything can happen. With SMTs you have total control. So I’m bullish . The only problem is Steemit is open source and you are seeing all the copycats . Whaleshares for example don’t have a rep, they don’t do curation trails and bots won’t be prominent . It takes 3 Resouce credits to flag someone . I think these are great all advances on Steemit so it is important Steemit whales don’t ruin it for everyone by greed .

sir blanchy! I'm glad you're bullish on steem, lets hope you're right. So are you saying that Whaleshares is designed better than Steemit?

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I haven't COSS. I need to buy it?

@amalinavia I am the last one to give financial advice but I am buying while it’s still 8 cent .

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