Topic: Making easy profit with "Shitcoins" - page 3. (Read 5552 times)

i did this before until i knew what is feeling 100% price drop in 24 Freaking hours ! dang, we need to stop invest or trade to something just for greedy people created for fast profit, we're being so selfish only thinking "wow, i can get double profit with just waiting coins launch to some exchange", just stay away from them !

Dogecoin Transfer

14 sec from yobit to exodus today . its ok

This type of BS is exactly what is wrong with this forum. No information whatsoever, just some random words strung together.

I was gonna read this but I seen a NOOB with 6 posts created this topic..

No thanks.  

yeah but you might lose a chance to buy cheap and good profit can coem from that if you don't have the btc ready on the exchange, i always leave something in every exchange, to have the possibility to buy without being late to the party

maybe you correct your methods correct if there is an ongoing pump if not useless
Anyway check Eva coin on yobit can hit 2 or 3 sat in near future just double your investment and just put buy order at 1 sat it always keep you safe
https://yobit.net/en/trade/EVA/BTC

The method could work though you're right -it would be pretty tough to make money with this because something could go wrong with the coin that will cause the price of the the coin to go lower.

Purchasing those types of coins would require patience like no other. Seems doable.

If your doing this for fun, with me that would be .3 btc or less spread around a few coins more power to you. However, these are the penny stocks of the penny stocks (crypto with a few exceptions) so be vary wary and take your profit and run.

If you have a huge money to trade and you have anough knowledge in trading, I think trading shitcoins would be profitable for you yet the risk is extreme since most of shitcoins are manipulated by dev. thus you can't say when will it volatile. For this reason, it's better to trade legit altcoins which has a great support so the risk is less.

if you can make profit from this "shitcoins" then good for you. but in my experience it is a waste of time and money to try and trade these.
there was a short time recently when dead coins were being pumped one after another with obvious movements, which made it easy to spot and mush safer to invest in.
but what you are telling us here is just fake random pump and it is not possible to invest or make profit from any of these.

Thats why you always withdraw in BTC. Never did something else and it always works

Hm I have read different stories:
Cryptopia has listed coins which are dead, and if you by accident buy those coins you can't move them anymore.
And this seems their support team: https://bitcointalksearch.org/topic/m.12934107


And it doesn't cost me much effort to find yobit victims:

https://bitcointalksearch.org/topic/yobit-scammed-his-clients-no-withdrawal-no-support-no-nothing-1857032

https://yobit.net/en/trade/LUCKY/BTC

100% up till now. :-)


https://www.cryptopia.co.nz/Exchange?market=BNX_BTC

take a look at the order history. Buys of 0.6 BTC and more. Indicators which lead to a price movement upwards.

Thanks your share, but for Coins of low value often go up and down erratically, can be lost, investment is always accompanied by risk, including BTC, so learn and invest in their capacity is good direction.

here are the things wrong with your logic, and the reason why i say it does not work:
1. you say low volume coins:
these coins have a couple of attributes: a) low volume means nobody trades them. your orders will never be filled whether you place a buy or sell order. and also low volume means you can only place small orders not a big one like 0.25BTC that you said you invested. b) these coins have a big spread. this means there is a huge room between last buy and last sell order and when you place an order on top a bot will simply put another on on top of you to no end. and the spread helps it do that.

2. you mentioned Yobit:
this site is the biggest scam that ever existed. they pump these coins you mentioned themselves. and you can never join in. the buys and sells are all fake. the coins are dead until they pump them. even if you place an order they will ignore it and execute their fake buy and sells under your order price.

3. which coin out of 10000 coins are you going to choose!
there are lots of these dead coins! all of them look the same. low volume, no activity and out of nowhere: BAM! pumped.
how are you going to choose one? there is no logic for any of the to go up. investing in any means either losing a huge amount of money or becoming a bag holder for months or forever.

here is the screenshot of one of your coins:


do you want to honestly tell me you knew this coin will get pumped out of hundreds of coins and invested in it last week?!!

well this forum can be a good place to promote your portfolio as we see that you are sharing some of your picks and with your story I guess you really know how the market works and how to play with the pnd group or better to say that you are one of those market movers. good luck to you and I will look for this coins.

Cryptopia is not a shady exchange, it is for me very respectable. And while YoBit is not the best one, this is not as awful as your are saying.

Never had any problems withdrawing coins from yobit or cryptopia.
Nevertheless it works :-) There's always enough volume to fill the placed sell orders.

This worked because only a few people are doing this. If a lot of newbie follow this advice, the volume and the sell wall will increase so it will be harder to double your profits. You need to be the first to buy.

And this is gambling, if nobody buy the coin after you, it won't work : worst, someone can dump the price before you'll be able to sell.

hm, maybe you can make some profits with these shitcoins, but you will never be able to withdraw your coins from these shady exchanges (if it is not stolen before you want to withdraw them).