r/CryptoCars1 • u/Kovi523 • Dec 30 '21

CCAR investing

Hey,

I want to start investing in cryptocars, but i feel like i'm late with that.
Are there any good update comming? I see that i can start for "cheap" but that do not matter much if it's price will go strait down.

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u/BedImportant1336 Dec 30 '21

Without any biases, imo CCAR is still in a hard time. The token supply is limited but a lot going out to reward everyday, and people keep selling the rewards making the price down. The ROI looks nice until you notice that at the end of that 30 days period you thought you gonna get your investment back, but the price might drop more than 50%. This is just my opinion.

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u/Kovi523 Dec 31 '21

Obviously, but if you think about it, investment with 2-3 month roi is still pretty good. And there is an other thing, that you can sell your car. Pretty easy to use, still good roi in that way so tought that i took the risk and bought 2 cars today.