Post
Topic
Board Beginners & Help
Re: ixcoin trading more profitable right now than bitcoins or namecoins
by
rsat
on 23/08/2011, 16:59:30 UTC
Funny but I get your point. Such a strategy is only good as long as the low is temporary; as long as you can eventually sell off the cheaper ixcoins you purchased.  However, I see no problem in trading ixcoins for short term profit, as I don't see them dropping immediately to zero-- they are already obscenely low and have stayed at the same level for almost a week.  I don't see how the current value could be anything but a low, even if the high would be only 0.002.  Buying at 0.0009 is a great strategy; even if it only goes up to 0.002, you've doubled your investment.  Emphasis on "short term", of course.