The pop-up window on Grayll’s official website contains information about the alleged increase in the value of the GRX token, which amounts to 700% since the beginning of the year. I was trying to verify that information and found out that this coin has so far featured only on a single cryptocurrency exchange - Stellar DEX. Given that the platform has been built on the Stellar blockchain, it would be safe to assume that the project has some kind of a deal with Stellar, so temporarily pumping GRX for marketing purposes wouldn't pose a problem for that team.
AdeshAdesh October 14, 2019 Reply
GRAYLL's promise of simplified wealth generation by the virtue of only four algorithms seems too good to be true. I would be more inclined to trust this project if the team wasn't trying to apply their solution to the crypto market. What might work well for the stock, Forex or commodity trading could be virtually useless when it meets the oftentimes unsubstantiated volatility of cryptocurrencies. I wonder how these algorithms would be able to predict price manipulations, so frequent in the crypto space, or counteract the effect of high-frequency trading. These are the questions to which I haven't been able to find the answers in the project's whitepaper.
fanTa$1C September 2, 2019 Reply
Fight fire with fire is what they say. All small-time traders, whether they are the commodity traders, stock traders, or crypto traders, know how annoying and dangerous are the firms which are actively exploiting algorithmic trading. Just look at what’s going on at the crypto market this summer. These guys have entered it, and now we see the “ricky-ticky” price swings. So, why not try the app that works on algorithms to counteract this mayhem? 50 bucks is less than I spend on coffee and bagels in a day. I think that GRAYLL is worth trying.
Harvey July 15, 2019 Reply
Those who intend to invest in GRAYLL and other such startups are so naive. They are willing to believe that a simplistic app based on four algorithms will be capable of bringing steady profits. Wake up people, the contemporary trading is almost as complicated as rocket science. Not to mention that it is incomparably crueler. Especially the crypto market which is still very prone to manipulations. GRAYLL is just nurturing the utopian dreams of the easily obtainable wealth.
Zack June 29, 2019 Reply
I am all for giving power to the masses, especially when it comes to trading. I agree with the GRAYLL team that it is absolutely unfair that the big shots from Wall Street can skim all the cream, leaving ordinary day traders with less than breadcrumbs. I think the solution they offer that involves 4 different algorithms can be applicable to the real world and help thousands of people make more money. I have already got myself some GRX and intend on using the GRAYLL app regularly.
Jacob June 21, 2019 Reply
I am a veteran trader who survived the Dot-com bubble and many other gruesome trading battles, so I know a thing or two about this business. After checking out what GRAYLL has to offer, I would say that it is not the Holy Grail - pun intended - of trading software, their solution is quite interesting and even useful for those are only getting acquainted with that craft. As for whether or not to invest in this project, I wouldn’t go as far as dissuade anyone from doing it, simply because GRAYLL looks legit.
Craig June 11, 2019 Reply
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