I can't stop loving this thread
That thrills me as if...
Anyway, doubled my money on ADT while sleeping. It's at 100 now and it hit 140 this morning. I didn't sell though.
But for sure, trading currencies on Cryptsy is the way to make money. Mining is slowly becoming archaic and difficult. I would still mine if I knew how (lol) but I made 35 LTC in 10 hours trading just 1 coin with less than 1BTC. I'd need like 10 good rigs to mine that much.
IT's hard to beat trading and right now its hard to Lose money as many new people enter the market daily.
its nothing compared to what it was in the early days of cryptsy. there were so many noobs in the market, i made 1-2 btc a day pumping. back then you could place 50 sell orders, announce a pump in the trollbox and a million gullible traders would immediately buy up your sell orders in anticipation of the pump. now you have to have a bot or be able to wait patiently for the right time to sale, people aren't nearly as gullible as they were back then.
Wow dude, I'm like half a step behind this whole thing.
First mining and now trading.
So I need to get ahead of the curve here. I think the next step will be millions of noobs who will blindly buy lots of crypto coins speculating on the next Bitcoin 2.0.
Wait, I'm the noob doing exactly that. I'm screwed....unless I'm right.
We can make huge trades off the coming massive inflow of new investors who don't want to or can't mine (like me) so they'll just straight buy the coins they want.