Announcing Intexcoin, which brings a new breath to the cryptocurrency market, Intexcoin CEO Erdogan Kose told us about the transformation of the developing world since the Industrial Revolution, extending to BlockChain technology. Stating that 2019 will be a year of strong growth, Erdogan Kose also shared important information about the profit-loss process.
Can you give us information about Intexcoin?
We started our project in January 2016 under our Intexglobal company. I can say that Intexcoin is the first cryptocurrency that has been implemented in our country. There were some efforts before us too, but these could not continue for various reasons. We are still continuing our way with confident steps as the first and only crypto money. Intexcoin is based on the Litecoin blockchain platform. The reason we use this platform is that it is the most stable, fast and secure system. Intexcoin is not only money, but also the structure of a new ecosystem that supports a commercial, technological and sustainable global aid project.
How will the year 2018 end on the cryptocurrency side, and what are your predictions for the market in 2019?
In 2018, cryptocurrencies experienced a big decline, especially since the beginning of December. While this has caused a panic among investors, some others saw it as an opportunity and purchased even more coins. There has been a slight increase recently, indicating that the fluctuating trend that has prevailed throughout the year continues and that the year will close like this. 2019 will be the year of good and strong value increases. Some cryptocurrencies have already started to give positive signals. There is an increase in demand in the markets and the trend is upside, that is, from a bear market to a bull market. We will wait and see what happens together. After Bitcoin has become a bit “bulky”, investors looking for an alternative will turn to altcoins in 2019. There are a lot of altcoins on the market right now, and they offer the investors an opportunity to win even with small movements. But I should point out that not every altcoin should be trusted either. One should research the markets thoroughly and make very careful decisions.
“Intexcoin is not only a money, but also the structure of a new ecosystem that supports
a commercial, technological and sustainable global aid project.”
The cryptocurrency world has some trust issues. What needs to be done to overcome these?
This field, which has a ten-year history yet, needs a little more time to be properly understood. The developing communication infrastructure makes things even easier. When it comes to money, people usually focuses on the potential profits, but this field actually contains a much wider “philosophy”. The world will not be the same anymore. Humanity has come a long way in the stages of development and change. We are moving even faster, from the Industrial Revolution to the Internet and now to code-based consensus. The benefit that this will bring will be a paradigm-shift in many areas. This field should not be underestimated only as a “profit and loss” issue. I think it is necessary to read and understand the process correctly. We focused on both the “earnings” and the “social benefits and changes” side. The Blockchain technology, which forms the infrastructure of cryptocurrencies, is currently the most secure technology in the world, and many projects using this technology infrastructure are being implemented. Cryptocurrencies offer solutions to many issues by using this technology, as well as enabling people to invest in cryptocurrencies all over the world via this technology. Of course, a “complete” security should not be expected, as with every networked system. However, we can suggest that there is almost no risk in the Blockchain technology. Another important aspect is investment. Just like in Forex or stock exchange, there is a high risk of profit and loss in cryptocurrencies as well. The only difference between them is the potential to achieve high profits too quickly, but fast and big losses are also possible. It is important that investors understand this well, and invest by always taking into account the risks.
Again, there is an intense infollution in this area. As Intexcoin, do you have any efforts to prevent this infollution?
First of all, as a company, we are constantly improving ourselves, trying to learn new things and reading the progress correctly. We also share this knowledge and experience with our close environment. At the end of 2016, we have conducted three-day training seminars on Blockchain, cryptocurrency and fiscal money for some of our investors for the first time in our country. In addition, we have completed informational studies on this issue both in our country and in the countries we have visited, and we continue to do so. We also contribute to the learning and correct understanding of the blockchain and cryptocurrency field. We share our information with our investors not only for profit and loss, but also to become a part of the changing world.
“Investors should have a good understanding of the profit-loss process and
always take into account the risks when investing.”
Where do you see your company in 5 years?
Our primary goal is to make Intexcoin, which we produce and now has a user community spread around the world, one of the most reliable currencies and ensure that it is used in all areas including global trade. We also aim to carry out a sustainable and transparent aid project for those who are in need, homeless people in the lead, with the benefits that will be achieved from this project. Our common goal is to establish a large organization that produces and develops new, useful projects and technologies globally. We are aware that this requires hard work and constant learning, and we are working hard on this. The point the world has come to is no longer sustainable. At Intexcoin, we are also aware of this. We are trying to build all our energy and focus on this need for change.
What would you like to tell investors?
The world is changing and transforming faster than ever, and we cannot keep away from this change. We also need to keep up with the change and do the things that will lead to change. This can be achieved only by reading the processes correctly, learning new things and making huge efforts. Cryptocurrencies are not just about the benefits mentioned above. Production technology has already brought a new perspective and change to our life in many areas, from financial infrastructure to communication, education, justice and management systems, and we will continue to experience and see them in our lives wider. We have to work very hard and train our people in this field as soon as possible to ensure that the cryptocurrencies can make a contribution to our country. We have introduced Intexcoin, our cryptomoney that we have been producing for three years, to the whole world. We not only “promoted” our currency, but also implemented it in many fields and projects. We have a functioning system that has been tested. Now we are preparing to open to a larger area.
We are trying hard to overcome several difficulties and keep away from the influence of malicious activities. We need both financial and moral support. Anyone who wants can buy Intexcoin by investing. By supporting our project with new investments, we can both contribute to the globalization of our local project and experience the justified pride of “achieving a first” together. As we have always emphasized, everyone who is going to invest should act sensibly and reasonably, taking into account the risks. They should take into account the possibility that there may be very good gains in such investments, as well as huge losses.
