Today I will introduce Asch (XAS). Asch causes my interest because it has rose 280% this week, although today falling by 8%. It will certainly attract a lot of people. I always find some new currencies for recommendation before many people are willing to buy. Asch is like many rising Chinese coins. What Asch do is a bit like ANT, doing as ETH do. Futhermore, Asch’s purpose is to allow other developers to issue currency and develop APP or dAPP. The biggest difference is that it's like an app store, which is very cool. Now its price is very low. Asch is very similar to ETH, especially the total amount of Asch coins. It is potential to become ETH,just like ANT. But the price of ANT is higher.
Think about Ethereum, I know they are optimizing and compressing the code to save more space. But actually this does not solve the problem. When I see NEO and Asch of China, solving the problem and having more potential, but with so less trading volume in western countries, it will meet bottlenecks for us who want to trade them on Bittrex. But then I think, when the coins are already trading in the western countries, they will not be hidden and the price will rise sharply.
We can see that the price of NEO has risen a lot because of some meetings and ICOs in August. So I bought a large number of NEO cause I thought they could customize their own coins to focus on more problems, explore opportunities, and have long-term future. I believe NEO and Asch have very strong networks. I do not know which one will occupy the top although one has already prevailed due to taking over the agreed market.
The main problem is when will these things happen. You know Ethereum and ETC, born in the same community because of disagreements on whether having hard fork or returning the coin back. In any case, the two coins have the same market target. If you want to be relieved, the two kinds of coins can be bought. Interestingly, both prices are rising rapidly at the same time.
The price of NEO has risen to 3 and 4 hundreds of times. Until now, it is 10 to 11 dollars. Although there are some decline in scale, they still have many supporters. Just like Asch, which also increased by 280%, so I personally thought it was a good time to buy some now cause it just decreased by 8% today. Maybe we could see if tomorrow the price will continue to fall, and buy some at low prices. Now it is 71 cents, and I think this is a good deal. Probably for a few days, it would rise to 1 dollar.
If you want to look over the whitepaper, I will leave some links in the video description. It seems promising. Besides, everybody don’t forget to check out the simple exchange. I really love that exchange because it is not only really easy to operate but you can trade forex and commodities over there. Moreover, they offer five hundred to one leverage which is very high. If I have one bitcoin, I can leverage five hundred bitcoins and you don’t have to lose too much when you lose money. I mean if you use one bitcoin to leverage five hundred bitcoins, you would lose all your bitcoins when bitcoin goes down 0.5% not even 1%. However, it is my suppose. If you wait to the next ETH rolling time and get in ETH with a hundred to one leverage, you would gain huge profits when ETH increases 10-20%. I know it sounds like gambling, but you don’t lose too much if you just buy one bitcoin or ETH and you can do short-term trading within five minutes when using leverage. A hundred percent leverage just like making two hundred percent even three hundred percent profits under 1-2% increase. Anyway, everybody should check out this very cool system. A lot people say do not do leverage with crytocurrencies which sounds like good advices but as far as I see these fluctuations, I think it worth a try.
very good，go to buy asch