Post
Topic
Board Altcoin Discussion
Re: Are old altcoins like nigerian stamps or NOT?
by
X68N
on 04/07/2015, 17:16:26 UTC
Keeping Risk Reward in mind is in general a good idea.

But buying up 10% is overkill, you can't drop that amount without causing the price to fall.
Well its a "i want to be ultra rich fantasy", but be more realistic.
0.1-1 % is enough and easier to sell.
A big bag holder can controll the market price with his huge volume.
If you unload your bag to fast and or in to large chunks you can start a downtrend.
So the only way to sell such large amounts is in small chunks over 1-2 years.
So you must be really patient, and stress resistant.
In these 2 years the value of your bag can everytime fall or drop to zero.


How many different coins did you buy?

greetings