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Naga Initial Coin Offering Pre-Sale Bonus of 30% Extra Coins. Min $15 USD Buy in to Get Bonus

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Naga Initial Coin Offering Pre-Sale Bonus of 30% Extra Coins. Min $15 USD Buy in to Get Bonus
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Leman resu on 22/11/2017 - 22:19 nagaico.com (459 clicks)
Last edited 22/11/2017 - 23:45 by 1 other user

I have been investing in Cryptocurrency for the last 6 months. I have had some ups and downs but have learned a number of great lessons when investing in this area. I HODL Bitcoin, Bitcoin cash and Etherium and trade in Alt coins.

With Bitcoin now selling at $11,000 AUD I found the best option for making short term gains is to be buying into initial coin offerings and selling on listing. Many ICO's are giving price reductions or bonus offers for people who buy in early. However there are many that are high risk and a few scams out there. So I only look for an ICO where the company already exists and have already had a trading history, well known backers, and a great concept (success in the business is an added bonus). I found out about the Naga Group when I signed up for Swipstox (imagine a platform for trading Shares/Forex that is based on the Tinder App).

The NAGA GROUP AG is a German FinTech company listed on the German Stock Exchange in Frankfurt. NAGA was founded in 2015 and performed the fastest German IPO in the last 15 years, currently trading at 400% above issue price.

It will be the first Blockchain-based universe for decentralized trading, investing and education in financial markets, virtual goods and cryptocurrencies.

It has been only 2 days into the offer and they are have sold 45% of the pre sale offered coins. After this the coin will be sold with bonus and then to market where it could go even higher. The Naga ico also has some pretty big names behind it, with Miko Matsumura (Pantera Capital) and Roger Ver (Bitcoin.com) as advisors.

Max Keiser Report has a good write up on the potential Naga has: http://www.maxkeiser.com/2017/11/as-traders-array-of-assets-…

Like any crypto it is not for everyone. It has higher risks but the rewards are also greater. You should do your own research before making any investments.

You can buy using credit card. I used my 28 Degree Mastercard. You can also use Bitcoin, Bitcoin Cash, Litecoin, Etherium, Dash or send fiat by Bank transfer.

Happy investing and hope you all get to the moon!

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closed Comments

  • serrin on 22/11/2017 - 22:23
    +10

    Investment opportunities are not bargains.

    • eman resu on 22/11/2017 - 22:30
      +2

      they are if you are getting a discount/bonus

      • BluBoy on 23/11/2017 - 00:32

        Disclosure: There is a lot of fluff in their marketing.
        https://concourseq.io/Q/Naga_Group

        FWIW, I signed up for another ICO this week and it's turned out well so far after a couple of days trading… I have been considering trying another one.

        • eman resu on 23/11/2017 - 00:46

          I dont know this site but a review of the site shows they do promote ICOs so I would take what they say with a grain of salt.

          I prefer reliable media sources, like Nasdaq http://www.nasdaq.com/article/naga-flourishes-at-the-epicent…

        • BluBoy on 23/11/2017 - 00:51
          +2

          I agree it's tough getting through all the trolls and shills with this stuff, but read what was discussed.
          The page makes some fact based comments on Naga.

          I am definitely not saying "don't but in", but do some research, consider the pros and cons of this ICO.
          As above, I am considering getting into this ICO as well… But I'd rather have all the facts, then just the rosy ones!

          EDIT: Looks like the credit card payment system has been disabled.
          People will need to buy coin, then use that to transfer to NAGA. It isn't hard, but definitely not as easy as just using a credit card for people new to all of this.
          FWIW, I use https://btcmarkets.net to convert AUD to BTC/LTC/ETH and have been extremely happy with it. You will need to organise a wallet for whatever intermediary coin you use, as well as for NAGA if you decide to hold it longer term.

          If you are interested and confused by all this, google is your friend (or start a forum post and I'll be happy to discuss my experience with this so far)

  • CyberMurning on 22/11/2017 - 22:26
    +1

    Ok so if I buy this how can I sell it later? Through a trading platform? How can I bring my coins into the platform? In shares we have registry and SRN and HIN, how about this coins?

    • eman resu on 22/11/2017 - 22:34

      yes through a trading platform like coinjar or BTCmarket. You would need to transfer them from your online wallet (I use Jaxx wallet but they also offer Naga wallet as well). Then you would sell them on a trading platform like like Btcmarkets or coinjar (simialr to e-trade)

      • Tythefly86 on 23/11/2017 - 14:35
        +1

        Coinjar and BTC markets are extremely unlikely to list this shit coin and a bad answer in my opinion. You would most likely need to transfer it to an overseas exchange like Bittrex, Poloniex or Binance. Coinjar don't even have support for forked coins and you have to claim BCH, no facility to store or trade it. The same with the latest fork Bitcoin Gold, that's not on Coinjar or BTC Markets, but it is on Bittrex and where I redeemed some and sold on the pump yesterday at $350, now it's $250 so as you can see, the quicker you can access it to trade, the more chance you have of selling at a good price if the general community intent is to dump it. Yes it is riskier being overseas, but the volume traded on Bittrex just on one pairing alone beats out all Australian exchanges combined with all pairings lol. Plus they are much cheaper, Currently BTC markets at equivalent of $8350 usd per BTC plus almost 1% in fees. Bittrex trading at $200 usd less ($8150usd) with only half the fees. If you are happy to risk it, you will do much better buying Crypto Overseas and using foreign exchanges, just don't store your coins there, keep them in offline wallets or cold storage like a trezor/ledger and the risk is far less. I personally have been a member of Bittrex for 6months, have never had a problem. The price difference is so large, I Have even gone to the point of buying BTC overseas and selling it on BTC Markets and making instant money because of how overpriced we are in Australian Exchanges. it was only like 2% but if you could make a gauranteed 2% gain on trading than it would be stupid not to do it. I even have a platform I earn daily interest from and withdraw it in bitcoin and it is priced in at normal USD prices so every time I withdraw from them wanting Fiat, I go to BTCMarkets and sell it for 2-3% more of what I exchanged at. Ultimately, in my opinion, the only thing Australian exchanges are good for is selling Crypto back to Australian dollars.

  • cpho on 22/11/2017 - 22:37

    $1usd/token is very ambitious. watch it plummet when it hits the market.

    • eman resu on 22/11/2017 - 22:44

      possible. It is an ico. But then again it may take off. Either way with the 30% bonus if it make $1 you are up already. John Mcafee said it will go to $10 on listing.

  • railspider on 22/11/2017 - 22:37
    +3

    If ICO's are considered 'bargains', I'll happily hand in my OzBargain licence

  • nuno on 22/11/2017 - 22:49

    1319 crypto currencies in the open market right now according to coinmarket cap. By the year 2020 we'll have over 15 thousand in circulation.

    every man and his dog will launch a crpyto so * yawn* . I'm launching mine , mid next year.

    why is this in ozbargain again ?

    • eman resu on 22/11/2017 - 22:55
      +1

      Could be but like forex you can have some good currencies (Euro USD) or rubbish ones (Zimbabwe, Syria). Does that mean you ignore the market if not every currency is making a killing? Or do you research and select those that can make you money. The end of the day, it is not for everyone, some people are happy with 1.9% interest in a term deposit account.

    • nicholsonr on 22/11/2017 - 23:07
      +1

      There's even a course or app or some such which is designed to help you make your own ICO/Cryptocurrency.
      So what's the point of Likes2rap's post lol

      • eman resu on 22/11/2017 - 23:11
        +1

        so you dont like cryptocurrency. Why the neg vote? How is this not a bargain when you are getting 30% extra when you purchase? Have a look at the rules for posting and you will see your neg vote is pointless.

        • nicholsonr on 22/11/2017 - 23:13
          +1

          Why assume?
          I invested 4k into a BTC miner, but I'm not going to put money into an ICO when there are literally hundreds if not more around.

        • eman resu on 22/11/2017 - 23:17

          @nicholsonr: Mining for BTC is a joke. Unless you were in the game a few years back you are just wasting your money.
          Despite Bitcoin’s popularity, the digital coin has run into some serious issues, most of which have to do with cybersecurity. First, Bitcoin wallets have been hacked before, with more than 2,600 cyber-attacks taking place before January 2016 alone. While blockchain technology is considered a more secure system to store data, it is not bulletproof just yet, and increasing popularity makes it a bigger target.

          Second, new wallets can become vulnerable if old passwords are appropriated from backups. There exist exploits that drain old and new wallets both, instead of just emptying the old wallet into the new one. For users to avoid this situation, they must create a new account and a new address, to which the purchased bitcoins would be sent from the old wallet. This roundabout, bootstrapped way of using bitcoin has a long way to go before being able to support a real economy.

          Though Bitcoin is considered untraceable because it is not connected to a bank account or credit card, this statement is not entirely true. A hacker can track the transactions history of the digital coin, which would allow him to connect identities to addresses. Once he manages to do that, he may be able to find whatever financial information is necessary through other databases.

  • arkilis on 22/11/2017 - 22:59
    +1

    Looks like fraud.

  • Finarfin on 22/11/2017 - 23:16
    +3

    ICO's are not a bargain

    • eman resu on 22/11/2017 - 23:19

      not if you get nothing for it. But here you are getting 30% bonus and it is only for a limited time.

      • Finarfin on 22/11/2017 - 23:29
        +3

        You are trying to justify that gambling is ok. That is exactly what cryptocurrency is, one of the biggest speculative markets there is. They offer no tangible use other than speculation, and gambling on its hype. If i understand your logic correctly. If you go to a casino and they offer you more chips to what you paid for, then this is (by your logic) is considered a bargain? This is not a bargain. Gambling is gambling. As you said this is ICO there is no way to prove that this will skyrocket. It could very well plummet out of existence. Thus is the nature of risk and gambling.

        • eman resu on 22/11/2017 - 23:37

          So based on your assumptions then investing in shares is a gambling. Or trading Forex? How about CFD's or short/long stocks? Would buying into an IPO on the Australian Stock Exchange be a gamble? All of these involve risk and reward. ICO's are no different. As with any financial product you need to research and select what you think is going to go up based on what the business is doing. The fact that you cannot guarantee that you will make money does not mean it is gambling. That is the reality of any transaction you deal in.

          As for a casino, that is like compare gorillas and bananas. No one goes into a casino researching the best machines to use, or spend time looking at prospectuses or technology that is being developed. You go to a casino hoping to win but knowing you will lose. You are paying for the experience of being fleeced with a smile. Crypto is less speculative than forex but I bet if they gave you a bonus spread of 30 points on the USD/AUD exchange you would have no issue taking it up.

  • ghoul666 on 22/11/2017 - 23:19
    +1

    Hey,

    From my point of view, this is not a good ICO, just a company want to issue a ico making some extra money( even the company is listed on the exchange)

    This new coin did not solve any problem or no real benfit to the world in my point of view.

    • eman resu on 22/11/2017 - 23:21
      +1

      i dont agree but I respect the fact you have made an informed decision.

  • askbargain on 22/11/2017 - 23:21
    -1

    Gambling?

  • KillerkratZ on 22/11/2017 - 23:30

    I think this year has too many ICOs. It's probably going to get worse next year. Majority of the ICO companies wont end up solving any problems or bringing real change. If you want to invest in crypto, its better to still stick with the major cap coins like BTC and ETH

    • eman resu on 22/11/2017 - 23:41
      -2

      I have both BTC and Eth but these are crypto you hold on to and keep for the long term. I bought BTC at 750 and even though its $11,000 today I will not sell as they will go to $100,000 in a few years. Eth is good as an investment but the same issue, you hold them as buying the lows and and selling the highs requires far too much time and effort to pick. ICO's, and those that offer you a buying bonus, for price reduction for early adption, is where the short term gains are. That is in my experience.

  • Truthbe on 23/11/2017 - 00:52
    -1

    SCAM

    I Suggest everyone google ICO before they waste their money, might aswell throw it in the trash.

    Bitcoin is the biggest ponzi scheme of all

    • eman resu on 23/11/2017 - 01:20
      -1

      Such a big scam
      Market Cap: $245,122,661,109 and growing.
      Ponzi scheme, that is what people with no sense are always saying.
      muppet

      • Truthbe on 23/11/2017 - 12:28

        The market cap could grow to 8 trillion and it will still be ponzi scheme

        One day you will run out of bigger fools to sell to, and the price will….

        I feel sorry for the people who will be caught out in the end.

        1 bitcoin = 1 bitcoin

  • cheaty on 23/11/2017 - 01:16

    Super dodgy. Avoid like the plague. Some of the best giveaways:

    • Listed on the Frankfurt Stock Exchange - so why are you begging for ETH then???

    • Token Sale Proceeds Allocation

      Business Development - 10%
      Legal and Regulatory - 10%
      Marketing - 50%
      Tech-Development - 30%

    so… less then 1/3 goes into actually developing the whatever-this-coin-is ? LOL :)

    Nope

    • eman resu on 23/11/2017 - 01:26

      they dont need to invest in the technology….it already exists

      https://www.swipestox.com/

      Millions of EUR in yearly revenues, billions of EUR in trading volume, and several hundred thousand transactions per month.

      40000 users and growing.

      NAGA's current market cap exceeds 200 million EUR with a share price of around 9-10 EUR (as of Oct. 17). This is an increase of around 400% in comparison to the issue price of €2,60 in July 2017.

      They are not begging for Eth, where did you get this? You can pay however you want and if you dont want to do KYC use Eth.

  • Chinghalam on 23/11/2017 - 16:09
    +3

    Any idea when the credit card payment works again?

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