It is truly amazing to me that people who trade and invest in ALT coins have little to no investment experience. These markets are currently very similar to the 'Pump & Dump' markets that penny stocks, pink sheets, and Over-The-Counter equities have been traded (And Manipulated) for many years now.
I got out of MINT way too early taking a profit of 3-5x my investment. Turns out I could have held on for 10-20x my investment, but I have learned that you can't beat yourself up over this, and that in the investing/ speculating world there is a saying that almost always holds true.
"Pigs get Fat, Hogs get Slaughtered"
Also if you want to beat the average 14 year old trading Alt coins you need to think differently than them. You have to buy a coin BEFORE it is getting "Pumped' irrationally by those who have more bitcoins than you, and are trying to get the peasants to dive into a coin after it has gone up 5-10x from where they bought.
This is exactly what the WOLONG clown does. Buys a ton while a coin's cheap, then after he has enough to make lots of money he releases the news that 'he is going to pump' some coin. The average idiot jumps in at whatever price and then starts posting on message boards about how this coin is 'going to the moon' 'new dogecoin' and all kinds of nonsense. When in reality all that happened is that the 'big money' is manipulating the price because you can typically move these Alt coins around without very much 'real money'. So a 'bitcoin millionaire' can do with the price as he wishes, and then he sells to the 14 year olds who run in and buy mint at 30, 40, 50 and even 60 satoshi.
Just a word of advice, if you want to get ahead in this trading/speculating alt coin scene, learn to THINK FOR YOURSELF! Do not just follow the price action caused by those who want to unload their shares on you at inflated prices. Find a coin you like, that has a strong community as well as design, and has built out the infrastructure to support the long-term success of the crypto-currency. Then buy on dips and moments of panic, learn to be patient and let your price come to you.
To get ahead in this game you need to be a contrarian, buying when there is 'blood on the streets', when there is nothing but negativity on the message boards and the community in general.
For instance, take a look at Earthcoin, which by all intensive purposes is superior to MINTCOIN regarding community, adoption, length of existence, etc. The Devs are active and have a wonderful website, and even an online store which accepts only EARTHCOIN and you can currently buy Silver Bullion and other items using Earthcoin. What can you do with MINTCOIN? Mint 20% a year? How is that valuable when it falls by 20% a day or more? I mean if you truly believe in the gimmick of POW to POS then buy and hold for the long-term.
Right now Earthcoin is at 40 Satoshi, and MintCoin is at 20 satoshi, and if you break it down tit-for-tat there is no logical reason for the price to be so close to eachother. Earthcoin has a solid, interactive, and dedicated professional team who has created awesome Marketing assets, and even an online superstore already accepting EarthCoin for precious metals (Earthazaar.com).
I will be back to buying MINT when it gets back near the 10 Satoshi Level and lower, anything above that at this point in the creation just provides the miners and big holders a better price to dump at. After all they know as well they will be able to buy back below 10 satoshi at some point.
Unfortunately for MINTCOIN the dev does not appear to be all that savvy, creative, or even honest. I mean he couldn't even get a wallet that worked for the first 2 weeks. You going to put your faith in the long-term success of a DEV who may have dumped almost all his pre-mine in the irrational rush to 60 satoshi? Someone who couldn't even figure out a wallet before launching his own coin because he was in such a hurry to cash out?
Just my 2 cents. I still think MINTCOIN has a chance Long-term but it will need truly active and dedicated community members besides the Dev to get this ball rolling. If you have faith in the mystery dev who likely has no interest in this coin any longer since he cashed out probably 1000 bitcoins and is in the bahamas already from his successful pump-n-dump scheme.
Check out Earthcoin, at this 40 satoshi level it is a ridiculous opportunity for long-term success and profits. Even when it goes back to 100 satoshi that is a 250% gain from current prices. One of the reasons it is so low is because it just went through the 5X payout day and there was a ton of coins created that the free market and miners distributed. This is temporarily driving down the price, but as the supply thins out and this distribution is sent to more and more individuals, the long-term strength of EARTHCOIN is only increased.
Another for my Ignore button. As previously stated, I'm not here for your opinion on price or trading, I'm here to help build a community.