Post
Topic
Board Altcoin Discussion
Re: Strategy for buy and hold
by
Silberman
on 05/09/2018, 17:25:00 UTC
Sometimes, i just smile when i see bounty hunters dump their coins. I have seen situations where after they might have dumped their coins, within within 24-48 hours, it begins to rise again.
Whenever a coin lists and bounty hunters are paid, it is always an opportunity for investors to buy from them cheaply.
Most times, i wait for opportunities like this, despite being a bounty hunter too. I acquire more and hold. Then i sell high later.
There are times bounty hunters a lured by investors into selling cheaply on DEX, before any official listing.

Although, this might not be applicable to all coins, but it happens to most.
It is a strategy that can work but it is a risky one, you need to admit that, because if for some reason you happen to buy a coin that is later discovered as a scam or that it has no value at all then you're going to be the one that becomes a bag holder, a position that no one wants to find himself to be in, but as long as you know what you're doing you can earn a lot of money with that strategy.