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/biz/ - Business & Finance

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30422916 No.30422916 [Reply] [Original]

I wanna invest 1000€ rn

which coin should I buy ?

>> No.30423000

>>30422916
AMPL
big big news this month

>> No.30423355

>>30423000
Scampleshart

>> No.30423946

Rubic is not a project you should be investing in long term. Reasons:

1. Market cap: $33M !!! For a swap exchange that has a really shitty UX and product, cannot be even compared with 1inch (used by Rubic primarily and has stellar product with $500m market cap and 8b monthly volume). With 99m circulating supply, reaching $10 is not possible in a gazillion years looking at this shitty product...

2. Usecase: Who the fuck wants to swap on Binance chain outside of Binance!? Also why the fuck would I use Rubic when I can easily get the best prices on 1inch, Uni or Metamask swap?!

3. Contant shilling: Pajeets scamming this board with stolen link memes just waiting for you poorfags to pump the price so that they can dump on you!

4. Inexperienced tech: Their dev team/tech is really inexperienced compared with dev teams of the defi world. Check the dev teams at Sushi, Aave, 1inch, YFI, CRV, Uni, SNX. These guys dont even stand a chance.

Worst part: The website was down for almost 2 hours which has happened 3-4 times so far (server load is a shitty excuse)! Imagine website going down during a swap.


That being said, yes the constant shilling on biz might pump the price a bit maybe but this is never a safe long term hold, because either you might get rugpulled or whales might dump hard and the price would never recover and you would be holding these coins forever.

So DYOR. There is no reason for you to use Rubic when there are literally 100x better products in the market..