Post
Topic
Board Altcoin Discussion
Re: Strategy for buy and hold
by
salad daging
on 05/09/2018, 17:48:28 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.
I think there are many possibilities for fraud and risk of loss and we have to admit that it is very difficult to avoid even though no one wants to lose but sometimes we have to be able to understand our own mistakes in choosing the wrong coin because it is difficult to find really good