Review on OptiToken by gregori cordova
one more project that was added to the list of many abandoned
Today with the rise of people trading cryptocurrencies, it is increasingly difficult for some to make a profit mainly due to the volatility that characterizes them. There are people who do not have many skills when making these types of exchanges and can lose a lot of money. There are a large number of mafias that pose as trading experts to deceive the most inexperienced users
It uses a trading strategy with an algorithm that takes advantage of price changes between groups of undervalued tokens, which would have the name of "the basket", using deflationary techniques. Its objective is to generate profits with a series of operations with those cryptocurrencies and infuse them in the optitoken market that leads to the rise in prices, since the purchased tokens will be stored in an unusable address to create scarcity complying with the rule of buy low and sell expensive, thus generating considerable profits for Opti token users. Also the algorithm would use the euro as an instrument of stability when there are no good objectives in which to invest.
The project seemed interesting, but the truth is, it has been stagnant from the beginning and is currently abandoned by its own creators and there are no significant movements of this currency in any Exchange. To fulfill everything they promised, they had to have a good capital to gain the trust of users, but it has not been like that.
Pros
- nothing positive
Cons
- It was not explained in any part of the project, how they were going to achieve such profits, since it is very difficult to know the movements of the market
- Their website there is not much information about your roadmap
- Currently the trading volumes of this currency on a daily basis are very low
- They are available on 2 low-end exchanges
- They do not have a large community of users on social networks, and they have been inactive for 1 year
