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Topic: Buying shitcoins dirt cheap and selling when they go up. Risky or no? - page 2. (Read 840 times)

newbie
Activity: 70
Merit: 0
In theory,  this is exactly what you should be doing, buying low and selling
high.  The problem, and the reason why it doesn't work for a lot
of traders is that you have no idea if those shit coins are going to
go back up, ever.   Another thing is that this market is heavily manipulated
and is subject to the whims of pumpers and dumpers.  So the dice are
loaded.

Buy buying low and selling high...yeah, you're on the right path.   Good luck.


So would it be wise to do this to coins that are well known or not ridiculous coins? Right now I'm doing this on bittrex but I think this trading would be better suited for poloneix correct me if i'm wrong.
sr. member
Activity: 1190
Merit: 306
In theory,  this is exactly what you should be doing, buying low and selling
high.  The problem, and the reason why it doesn't work for a lot
of traders is that you have no idea if those shit coins are going to
go back up, ever.   Another thing is that this market is heavily manipulated
and is subject to the whims of pumpers and dumpers.  So the dice are
loaded.

Buy buying low and selling high...yeah, you're on the right path.   Good luck.
newbie
Activity: 70
Merit: 0
That's my current strategy right now.

Buying any coin on a steep decline and selling once the price tries to balance.

What do you guys think?
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