I’m holding some KCS, and I’m not sure if this is the right time to buy more or to sell. I have not seen any major announcement recently. Does anyone know what is driving the price up?


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12 Comments

  1. coi-coi on 23. March 2019 at 21:30

    1) Actually advertising KCS & Giving it utility
    2) CEO having a presence
    3) FUD cleared, KuCoin copped it last year
    4) At 35 cents KCS was an obvious buy
    5) Bituniverse trading competition
    6) Spotlight announcement – which requires KCS

    However if volume doesn’t start following obviously the perceived ROI will start to become less impressive. There’s certainly some natural resistances coming up where taking profit would not be a bad idea, especially for those of us that bought that “local” bottom.

     


  2. FootoftheBeast on 23. March 2019 at 21:30

    I’ve always been a huge KCS proponent but we are indeed getting a little ahead of ourselves. Current vol is $20M and it seems shaky with BTC and ETH vol so low. I am not selling or anything, but we are getting a little too excited.

    A month ago it was nothing but doom and gloom but all it takes is a 3x for people to immediately forget everything they ever learned. I might take a couple of profits at this price point (maybe 20% of total position) but holding it still good as well. But if we hit 1.20 (major resistance) def taking some $$ of the table

     


  3. wrongymcgoo72 on 23. March 2019 at 21:30

    I got excited at 63c and tethered like a dumbass! Do any smart people see a correction coming or should I admit defeat?

     


  4. Hooeyman333 on 23. March 2019 at 21:30

    The current price right now is just the beginning of the KCS bullrun, I am actually thinking to buy more and wait for the launching of Spotlight.

     


  5. Svelki on 23. March 2019 at 21:30

    The announcement of kucoin spotlight should drive the demand up even more.

    Basically a copy of binance’s launchpad where you can buy into ico’s on their platform but only with KCS tokens.

     


  6. whitebr34d on 23. March 2019 at 21:30

    Buy on the rumour and sell on the news my dudes

     


  7. CoolDragon_Here on 23. March 2019 at 21:30

    KCS (token) was for a long time very undervalued and even with that price was driving even further downwards. Right now, most probable is scenario that there is not many new sellers on the KCS market and finally after v2.0 upadate we are seeing steady growth of daily volume on the whole Kucoin exchange.

    KCS as a token has got big benefits if you’re really want to hodl tokens and use Kucoin as primary or secondary exchange than.

    So I guess it is just a beginning of sth bigger and consequence of the job done by the team in the bear market.

     


  8. Iseerealities on 23. March 2019 at 21:30

    welcome to the FOMO club! exchange tokens are exploding all over the place right now. I don’t think this is a coincidence, just people realizing that those are here to stay after fudding them into the ground did not lead them to fail.

    price corrections will happen sooner or later, but in the big picture the likelihood of a long term trend reversal increases steadily.

    hope that helps, the timing of your investment should always be based on the timeframe you look at.

     


  9. DaYakuzaa on 23. March 2019 at 21:30

    This pump is because of new or old investors coming in.
    $5 million daily volume is still very low for what’s going to come in the near future.
    Look at Binance coin & Huobi Token’s daily volume and compare it to Kucoin Shares.
    I expect double the volume for KCS once old investors fomo back in after realizing a pull back isnt coming soon!

     


  10. cryptomagic98523 on 23. March 2019 at 21:30

    “Is kcs the next bnb?” Is driving fomo. Kcs was always a great deal if the team got their stuff together. They’re doing better and so is kcs.

     


  11. skyline122 on 23. March 2019 at 21:30

    Buying orders
    https://ibb.co/ZKPw7SV

     


  12. rohmerr on 23. March 2019 at 21:30

    yo mamas shillin