That's my current strategy right now.
Buying any coin on a steep decline and selling once the price tries to balance.
What do you guys think?
TBH, I have a friend that does this and im watching his portfolio grow steadily. I do my research and go with the good tech, he just throws money at every popular ico. We're both doing about the same, he's actually doing a bit better. I believe my strategy is good for long term, and his is good for short term, especially with new money coming in.