Community post
For future reference
Leaving this here so I can come back sometime in the future and say I told you.
I stumbled upon OCTA a couple years ago and bought some at 1.80. Always intending to buy back at lower levels given the opportunity.
The coin has been bleeding ever since. Doesn't look like a good investment. And it's actually not at the moment.
Even though their product is really good, there's just not much need for OCTA tokens at the moment. That said, things are about to change. Drastically.
That's pretty much all I'm going to say about this for now. There's still plenty of room for the price to drop further; the future though, might be a totally different story.
Wanna know more? Research OCTA on your own. Do not just trust strangers.
Cheers
Replies (1)
I am sorry but the product does not look good because it has been proven again and again that adding mandatory crypto/blockchain usage as a middleman for services is a bad business model. Didn't work for blockchain cloud computing on demand, didn't work for blockchain VPN, didn't work for blockchain data storage.
A good product needs a proven and scalable business model. This coin looks like they take a market, cloud compute (they are not the first nor the best at it) and add crypto as a middleman which no one asked for or benefits from as proven by the dozen or so projects that tried the same thing.