What's the biggest secret in Crypto currency trading and why investing in Altcoins is the key to success and making money with and not Bitcoin itself
My winning formula
1 . Bitcoin price is pretty much stable. Long gone are the days that Bitcoin will go to $1500 each. Well until the Blockchain size debate is over anyway
2. You purchase Bitcoin then buy an Altcoin with active developers that are still developing valuable features and with an END project goal. The goal is to get in cheap while the rest of the Crypto Community of investors think the coin is not worth investing in.
3. The Pump. This is on major announcements . Have a pullout goal or end of project Hold goal sell strategy . The Pump is not always a signal that you should sell but many do. If it just a small update buying more attracts more Bitcoin. On major pumps (A major feature announcement like full Decentralization of a crypto currency would see many 100's of BTC pump the coin . Most likely accompanied with a major PR campaign. Would you sell maybe , but then a full package product could invite more investment from third party sources . So selling even then could be a bad idea.
4. The Altcoin pump acts as a Bitcoin multiplier. This means the Bitcoin price has not moved BUT the lower valued Altcoin has a ×20 growth rate. ...then sell your Altcoin and cash in your Bitcoin.
Why do I keep pushing Navajocoin. Simple. ........it has all the above requirements.
Making a few extra thousand dollars here and there twice a year is good enough for me . Everyone loves their holidays and paid with profit is icing on the cake. Or paying off debts and getting those extra xmas presents . I wiill be there when Navajocoin majorly pumps and that day I want you to keep in mind that a long term strategy got you there. It happened in April 2015. It will happen again.
Also one last thing. I live and breathe Navajocoin. I consider myself the pulse of Navajocoin and I never ms a beat. I am just a investor like you but I immerse myself into anything I'm passionate about. I believe Navajocoin will be something amazing in the long-term and that the investment strategy I follow.
Happy Trading and see you soon on the Dance Floor
Edit : The Dumper - Or the Angry Dumper . A person who sells their currency in 1 go . This can happen for many reasons. If you can catch a free fall on a coin with an active development team. This can be a cheap way to get coins buy keep in mind the valuables are great and hard to predict. This is when it pays to support any crypto currency in the Buy Orders.
HappyTrading life is wonderful