Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?
that's a basic idea of investors but you need to predict when you should buy or sell your coins because you cannot know the future, you cannot make sure that you can make profit or not 
Topic: Investing into very low priced currencies for a quick profit? (Read 1368 times)
This is very much doable in alsmoust everycase with altcoins, you can easily make extremly well proffit and also this coins can make you lose all your investment there are some cases with this. Still alts are best wy to make you investment double triple or more, besides this ICO can be good option but before research you can do anything.
Oh yeah that's very much true about the altcoins. The coins are always at low prices in their initially phase and one must keep an eye on a coin which can be a complete fruit in a month or so. There is another type for such investment which works on daily basis. That means, a coin is bought at specific time by many people together leading to a pump for that day. After this pump everybody starts selling of their coins and thus a dump occurs. Such coin gets invested and sold everyday and you can have daily profits from that. Most important in such trade is you can invest your compound amount which will keep you above break even point of your investment.
It's profitable, yes, but the difficult part is that you need to know when the coin is bumped or dumped. You can't know the future so that you can surely know that you can earn profit or not
There is anther way for the difficult part. If you can get some secret information before it go to public,such as one alt-coin will hit on some big exchanges, and buy this coins immediately, then you can get a quick profit when it happens.
Like already stated, diversity is important. Some may lose while others gain much more than you lost. Try to buy something that looks like it has a future, not because it has a low price.
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If you are not in the USA, you con invest and get some SONM tokens from the SONM project they launched their ICO yesterday. And the SONM team already have about 30%+
Check their website sonm.io That can be a low price currency at the moment. it is increasing each day or so.
Check their website sonm.io That can be a low price currency at the moment. it is increasing each day or so.
The guys mostly answered your questions. You can do this, and it's actually one of the good strategies in the market, but you need to be very careful with your choices of coins, or your coins will be turned to shitcoins and bring you down with themselves...
Try to:
1. Diversify your portfolio. Don't buy only 1 or 2 coins, buy at least 5 of them.
2. Buy the coins that aren't so far from their bottom price. If a coin is 100x ICO price, maybe it's a little late to buy it (unless it has important developments ahead).
3. Be patient. If you insist on quick profits, experience says that you'll most probably fail.
Try to:
1. Diversify your portfolio. Don't buy only 1 or 2 coins, buy at least 5 of them.
2. Buy the coins that aren't so far from their bottom price. If a coin is 100x ICO price, maybe it's a little late to buy it (unless it has important developments ahead).
3. Be patient. If you insist on quick profits, experience says that you'll most probably fail.
Sure it is possible, but the more % you want, the more of a gamble it all becomes. You might go check low market cap coins, and invest in them, hoping the price will rise through the roof, but most likely it won't, or even worse, it will drop to the ground with no one to sell your coins to. That is why you should be careful before investing in a coin, that has very little trading volume. But a 500% increase as you said, could be achieved, for example, a coin with market cap around 5 million (170 ish place on coinmarketcap) booms up to the first page, around 25 million market cap (~90th place).
doable? yes
profitable? has a good chance if it is not already pumped
DGB? probably not anymore.
you can't expect an altcoin that has gone up from ~100 satoshi to 2200 satoshi to keep on rising like this. these things have a high tendency of going south. and when you look for a "quick and big profit" then you better look elsewhere.
i am not saying DGB won't rise, i am just talking about chances of another big rise.
profitable? has a good chance if it is not already pumped
DGB? probably not anymore.
you can't expect an altcoin that has gone up from ~100 satoshi to 2200 satoshi to keep on rising like this. these things have a high tendency of going south. and when you look for a "quick and big profit" then you better look elsewhere.
i am not saying DGB won't rise, i am just talking about chances of another big rise.
I made 20,000% + in less then 30 days so there are still deals out there. Best time is after the market crashes. So if bitcoin goes back to $600 then there will be real blood in the streets that's when you can get 20,000% (not with BTC but one of the alt coins that collapses but has solid team that's what you buy after the collapse. But have cash ready!
20000% is crazy but I doubt it can be done with larger amounts like 5 btc+. The main thing I notice with the smaller coins is that while yes you can make a profit, its very hard to do it with a sizeable base capital.
A lot of luck involved but research helps also. So many alt coins out here now its hard to keep up with. But then again sometimes it comes down to not what you know its who you know!!
For quick profit, the only way is to invest in coins that will pump. My opinion will be following coins that have good news coming up. One example, pink coin was pumped hard during its birthday celebration. You really have to spend time researching on the news.
Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?
Cryptocurrency market is known for this reason Unexpected Profits. But one need to understand in 99% cases, we come to know after coin rose already. It is very difficult to grab that 1% as its not like you invest in any coin and get returns. Luck plays very big role here.
the lower your volume the easier it is. I've flipped 4 doge into 120 doge overnight but higher volumes would be harder.
Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).
I believe there is a problem here we don't usually take into account. I mean the fact that one can not calculate the future truth. Even if the coins you named are potentially strong, they may die with their potency not being actualized ever. On the other hand, for some reason a worse coin might attract people's attention and become very expensive and used. Its just like with seeds. They all can turn into plants but some just won't.Agreed. But my only doubt here if the ETH tech completely fails (it is failing now, but question is if they will solve their issues, don't pay attention on price or the many ETH based ICOs), or some government makes some major negative impact. Nothing else. It doesn't matter if some other token/coin/whatever could make you x40 more profit from these three. All I know is that they will most likely go up.
Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).
I believe there is a problem here we don't usually take into account. I mean the fact that one can not calculate the future truth. Even if the coins you named are potentially strong, they may die with their potency not being actualized ever. On the other hand, for some reason a worse coin might attract people's attention and become very expensive and used. Its just like with seeds. They all can turn into plants but some just won't. 
Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?
yes more than doable, now i leave here an hit, look at verge only 150k satoshi similar marketcap, can increase to 2k like DGB and has better features than dgb, DGB was just a pump and dump, XCN was also a good bet but it's too late, now at 1000s atoshi
It's profitable, yes, but the difficult part is that you need to know when the coin is bumped or dumped. You can't know the future so that you can surely know that you can earn profit or not
Yes it is indeed difficult to determine when it will happen bumped and dumped, but it can know if we continue to update the coin information.
It's profitable, yes, but the difficult part is that you need to know when the coin is bumped or dumped. You can't know the future so that you can surely know that you can earn profit or not
It's possible, basically. But you need to find coins that are going to be bump and stay away from coins that are going to be dump
Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).
Great advice, this coin are a good investment. Low price coin do not last long, they are only for pump and dump and nothing else.When whales are tired of the pump and dump game, they will leave and you cannot recover if you bought during the pump. You become a bagholder while they are laughing to the bank.
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