Post
Topic
Board Speculation (Altcoins)
Re: 1200$ investment - What to buy ?
by
bohr
on 30/01/2018, 22:07:34 UTC
Thanks for the quick input guys . I was watching elixir since it was 0.9$ , next day 1.5x , now going solid again . I should go into that asap .
I know that elixir has been making great profits as of late but one of the issues with buying a coin that is raising is that you do not know when it is going to stop if you buy at the peak you are going to lose a lot of money, it is better to invest in a coin that has not skyrocketed yet but in which you see lot of potential, with that money I will be looking for very cheap coins and hold for some time to get profits.

Well, it dropped a lot recently... Probably will increase again the next days.
This proves what I said in my previous post, Elixir has lost something close to 66% since it reached its all time high, this is not a mystery, if you want to earn a lot of money you cannot invest in the middle of a pump, because there is no way to know if you are in the middle of a pump or if it is going to be over as soon as you enter the market, look for coins that are cheap and invest in those coins instead.