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Khaledarab

Investment in Petro coin

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The advice I can give to someone who wants to invest in any coin out there be it the one you mentioned or the other is to do more research about it and after you are convinced that it is legit and good for investment go forward,invest but not what you can't afford to lose since anything is possible to happen as we have seen many crypto projects starting as legit and ending up by scamming people.

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I think the new coin , we have to wait before investing in it , because maybe can get down and you will lose a part of you budget  , or maybe it’s a scam and you will lose all your money , so just sure hard and if you find it good , yes investing in it.

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i might stay far faraway from Petro. We already have the first-rate viable cryptocurrency and that's btc. I sincerely do not know why we need to pass for petro rather.

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This news is good, therefore we must buy and store this currency, but the approval of the government of Venezuela does not mean that the rest of the governments have agreed to that, as this news may be incorrect so we must be careful

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Petro coin was announced 2 years ago by venezuela government,meaning government is in control of it. The price of it looks promising as 1 petro is equal to 1 barrel,but until mow there are still no clear value or worth of that token. Better invest on those well known coins.

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On 2/27/2020 at 6:38 PM, aniksh001 said:

If you want to invest than do it your own don't listen to anyone , Yes you can take advice but do your own research and than if you thik its worth investment than do it.

I am fully agree with your opinion if we have money and we want to invest that money then we have to do our own research we should not believe on someone advice because everyone has its own choice

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You can not publish news especially from this type in the forum and do not put a source of information until we confirm whether it is true or false, I hope that you put this in mind.

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Venezuela is progressing a lot in the crypto market. Even we can mine coins for free with out any cost in this country. I think investment in petro coin can be very beneficial because gold will exist life long and electric vehicles are not accepted all over the world and even the country itself giving suggestion then it is good coin. 

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On 1/5/2020 at 12:43 AM, Khaledarab said:

Venezuelan President Nicolas Maduro has said that You can use the Petro digital currency to buy oil and gold, so, the country will sell oil and part of the gold it produces for its national cryptocurrency petro in the future.

I wanna invest in this cryptocurrency and I need your advice.

Venezuela is really stepping up when it comes to making their economy great because I think that cryptocurrency will be really a great help to their country and they might be able to have a stable economy that can also help people that is living into them

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The launch this coin but now its prices is cheap and any want to buy and store in future we earn passive income but I don't no the county president give statement to use in oil and gold buy really its help to increase this coin value.the people have no other way but to flee to neighboring columbia. I have heard some horrible stories, where inflation is sky high. Maduro, even though I dont like him, has to resort to coins such as petro, to sustain the economy.

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Still this is not conformed for me that any president say that use this coin to buy the gold and oil but before buy any coin i must to read the report, is that true then i can buy this coin in huge amount and safe it becasue at the bull time this coin make a great profit in my account.

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Its a great things that the coins can be use to deal with the county may be this step would be push the price of the  petro coin. But is requires a good knowledge and also need a good patient to be a successful traders.

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For me, this altcoin does not inspire confidence. I would not recommend that you invest there, but choose a more interesting option for investment. Because by choosing a reliable altcoin , you will always be sure that you will not be left without losing your funds!

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Well, if its work is based on centralization, I think it is not very different from the fiat currencies, except that it will reduce fees, deductions and printing for a country that is suffering economically. But the idea is to produce decentralized work supported by the government To trade within it, for example, this will achieve huge revenues and huge savings if it is able to adopt it for payment with other countries.

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If it happens I'm one of the citizens of venuzuela I could have sacrifice some little percentage of my income to invest on Petro coin for a long period of term, it's a good plan as you will by fortunate be targeting to earn a huge amount of profits in future.

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On 1/5/2020 at 12:43 AM, Khaledarab said:

Venezuelan President Nicolas Maduro has said that You can use the Petro digital currency to buy oil and gold, so, the country will sell oil and part of the gold it produces for its national cryptocurrency petro in the future.

I wanna invest in this cryptocurrency and I need your advice.

Venezuelan are really having a good time because their country already legalized the crypto currency and it is really great to know. I hope that other countries can also legalized the crypto currency.

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Okay the idea of petrol coin was really well searched , but it did not succeed because, the coin was distributed in Venezuela to  run from sanctions from the west, the reason why this was doomed to fail is because you cannot run from punishment, the tough world the people of Venezuela went through could not be changed by a coin

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On 1/5/2020 at 12:43 AM, Khaledarab said:

Venezuelan President Nicolas Maduro has said that You can use the Petro digital currency to buy oil and gold, so, the country will sell oil and part of the gold it produces for its national cryptocurrency petro in the future.

I wanna invest in this cryptocurrency and I need your advice.

I think you're confusing cryptocurrency and digital currency. Perri's coin as others have past said, is a cover up to some more fishy business and if all goes south, I wouldn't be surprised.


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There are many things about cryptocurrency that i do not know and i am happy to join this forum because i learn a lot. I was not know if Venezuela country have their own cryptocurrency for their country.

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On 1/4/2020 at 11:43 PM, Khaledarab said:

Venezuelan President Nicolas Maduro has said that You can use the Petro digital currency to buy oil and gold, so, the country will sell oil and part of the gold it produces for its national cryptocurrency petro in the future.

I wanna invest in this cryptocurrency and I need your advice.

I think this type of cryptocurrency will not be profitable, because Petro is a centralized cryptocurrency that can be controlled by the government, although it is possible to buy gold or fuel oil but in the crypto world no one wants to buy fuel oil or gold, in the crypto world only wants trading profitable without having to leave the house.

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Since it is advised and put to law by the president of the country and that it will be used to trade in natural resources in the future ,then it a welcome idea, it something you shouldn't even doubt ,just invset and enjoy in the future we,dint even delay mate

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I think maduro was pushed to a coner and it was hard for him to imagine that his country currency would be destroy the right idea would be to have a currency that would relate to the rest of the countries, because what destroyed the country Venezuela, it was all because of the mistake of sanctions of the west that destroyed its country just as it destroyed Zimbabwe.

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