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-   -   Low price alt- coins (https://www.aspkin.com/forums/cryptocurrency/114289-low-price-alt-coins.html)

Auctionking 01-28-2018 02:57 PM

Low price alt- coins
 
After lossing all my ripple gains believing those YouTube bs videos , I took a harder look at why the market is so crazy. And realized that the volatility is a good thing. Started playing alt coins looking for small everyday gains with set orders and doing good. Buying and selling 1btc worth of verge and selling it each day for about 500$ gain when it goes between 8-10 cents fluctuations . Anyone elles doing similar traiding ? Maybe it was more obvious to others

Futuremogul888 01-28-2018 03:26 PM

Re: Low price alt- coins
 
What you are doing is called day trading. While you might make some gains in the beginning you will eventually lose it all. It is nearly impossible to predict the market with the less volatile stock market. When it comes to crypto, you will get eaten alive.

Find good coins and hodl. Don't fall victim to the Shills and Fomo in on a coin that has already been pumped to the top.

Auctionking 01-28-2018 03:35 PM

Re: Low price alt- coins
 
Ya swing traid regularly on stock market with my Roth. And agree it is a risky market. But I've lost money in crypto and tried to have strong hands with my positions. But in the mean time I'm trying.to make small gains. I just think lots of people are not seeing the gain potential of these low price alt-coins. When you swing a 10k investment ( 1btc ) in a .9 cent alt-coin. A 1 cent increase can be a decent profit.


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