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Overview of Coinvest (COIN) | Decentralized Investment Trading Market for Cryptocurrencies

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Coinvest claims to be the world’s first decentralized investment trading market for cryptocurrencies. They are determined to democratize cryptocurrencies by creating tools to provide mechanisms for consumers to seamlessly, securely, and safely invest and use cryptocurrencies. So their goal is to have one platform, one wallet, and one token (COIN). They want to achieve that in order to enable you to create a digital investment portfolio to invest in multiple cryptocurrencies. https://coinve.st/ Whitepaper: https://docs.google.com/document/d/1ePI50Vd9MGdkPnH0KdVuhTOOSiqmnE7WteGDtG10GuE/edit?usp=sharing #coinvest #coin #investment #trading #market #cryptocurrency #crypto #blockchain #decentralized #products #ico #market #business #strategy #technology #tech 🤑How to purchase cryptocurrencies? I recommend coinbase: https://www.coinbase.com/join/58173f9ec04ee01d5bc348c8 🔒I use a cold storage hardware wallet, and you should too. I recommend the Ledger Nano S: https://www.ledgerwallet.com/r/a03b Steemit: https://steemit.com/@luisramalho
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Text Comments (6)
NightfuryMD (6 months ago)
can you bump up the volume, cant hear you loud enough on my max sound settings ! Thanks. Good review!!
Decentralized Products (5 months ago)
Sorry, there was an issue with the microphone that will be fixed in future videos.
71rezydentt (6 months ago)
I was as well interested in this product, but i saw the red flag. I have asked admin on the telegram will it be possible to withdraw coins from coininvest, in simple words - will we own them phisically. And the answer was on - on coin invest you can trade a derivaties of the coins. This is risky, because if something will go wrong with a smart contract, or some fud will occur, it can drive COIN price down, and the whole portfolio performance will be will be affected. Maybe Im wrong, maybe there will be some mechanizm to tie the derivative price to usd. Who knows, i was bullish on the project, but maybe i will pass this one. Wanchain ate first day of listing seems to be a safer bet in february i assume.
Kevin Huynh (6 months ago)
We understand your concerns around the smart contract. We and many of our community members actually view this as a positive as no centralized party will touch the funds and incorporates the concept of decentralization that the blockchain was built off of. In terms of our contract, we are having it audited by an independent auditing firm and known ETH developer Dexaran helped in developing the contract. The code is actually very simple so it can't be manipulated , you can take a look here: https://github.com/CoinvestHQ/COIN The derivative aspect actually allows us to operate faster as a company and allows us to expand in to other assets, increasing our value proposition,. If you have any other concerns please let us know!
NightfuryMD (6 months ago)
agree with your assessment. That is a very uncertain area.
71rezydentt (6 months ago)
Yes - this still can be a good investment. I was thinking how derivative industry can change market. Because if more and more assets will be traded on derviatives, the phisicall market cap wont grow, so it will affect the prices. I wonder how this is measured and solved in traditional markets, and how it will affect the price trends.

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