ryan, mind to tell us how many much billions you and your group has made?
Probably not billions, but probably a 'little' more than you
ryan what do you think about shell?
I don't think about 'coins' at all persay.
And since this is virually a brand new market (SHELL) I look at the oppourtunity of the trade as represented by 1. The force of the marketing behind it, and 2. the 'probability' of me putting in $100 and drawing out $200 - $1,000 and drawing out $2,000 and so on, it's really that simple
By jumping in yesterday, i clearly saw an opportunity there - as for wether or not the momentum will grow and the price will rocket past the 300% advancement that it produced yesterday, that's another story.
Try not to think so much about the actual 'coin,' if it's a brand new coin, look at the power of the marketing.
Is the community fairly active, is there something in the main ANN posting that would make 'the majority' (unskilled traders) buy - you see, you never judge a brand new coin with the mind of intellegence, you have to judge a brand new coin from the perspective of a complete market novice - and, for the most part, a market novice is not looking at any technical feature of the coin, they are simply basing 100% of their buying decision on marketing
So never assume that everyone in the market is intellegent, that will keep you poor. You have to assume that everyone is ignorant and blind to the true mechanics of price movement (because they are) and this frame of thought puts you in position to take advantage of this
With a more established coin, there are of course several other factors to consider.
+ 1 it's all just a parade of marketing, and I respect you for going there and putting that out for everyone ryan.
Simple minded folks will bitch and complain and moan about altcoins and say the market is rigged, but DUUH you imbeciles, 3 FUCKING MILLION DOLLARS is dropped into altcoins every 30 days, so if your sitting down and complaining about shit then you're in the wrong place
money is being made here and it's allll from manipulation.
If you want to learn how to be a fucking bad ass money sucking machine in this market, then learn everything about manipulation. Because that is where a price movement starts and ends.
Think about it like this.
Crypto is a dice game where 3 million dollars is gambled every month.
But the team that ALWAYS wins, they make sure that the game is always played using their own (rigged) dice
Learn the game, and get rich, because everyone is doing that around you
when you see numbers like 100k and 500k thrown around, do you think it's a joke? Did you not sit there and watch CRAVE do 4000% profit immediately after ryans call
This is real wealth being generated right out in the open infront of everyone
So if you are still poor and you call youself a crypto trader, then you had better fuck off right now. You aren't a god damn crypto trader! Every last crypto trader that I know personally is swimming in cash, they are filthy rich.
I don't want to see another person talking about a $20 dollar trade, if this is what you are doing making shitty little $20 trades, then do yourself a favor and get the fuck out of crypto, that shit is disgusting and you are selling yourself EXTRA short
People are conjuring hundreds of thousands of dollars out of thin air, and you wanna tell me about a $20 trade?? It's just like ryan says, if you arent playing for meaningful stakes, then the game isn't worth playing