Post
Topic
Board Speculation (Altcoins)
Re: Very Unpredictable
by
moonblocks
on 27/09/2018, 06:03:29 UTC
Altcoin investment is very unpredictable. Trading in mercatox for example; I wont pointpick a name of a coin for respect also, but I wonder why the coins there that are listed just by the voting strategy defeated a coin that's been listed through paying the exchange. What I try to mean is I invest on this certain coin there that is listed there because they paid mercatox. Then I just ignore investing the other coin there that are just being listed there because they win the voting process. And I also do a thorough research before I invest like their website,social media sites,team and whitepaper, so in your mind I think you'll better invest to the other one that pay the exchange right? And that time they are still roughly at 5 gwei each the two coins.
Now a 3 or 4 weeks later, the one blooming in price instead is the coin that won the voting. And the one Im investing is still stagnant. God damn it. I hate trading anymore. So tire trading already, no luck on it, urghh..

Trading penny stocks on a small exchanges like Mercatox can be quite risky if you don't have a large amount of capital as there's lots of whales and manipulators in the market

You may be better off investing in assets that are in the top 100 on Coinmarketcap just focus on the undervalued ones