Quote from: CryptopreneurBrainboss on Today at 07:08:59 AM

Quote from: ImThour on September 02, 2020, 03:22:30 AM

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True but mostly when you're trading valuable coins like Bitcoin and probably some well known altcoins (but this isn't a guarantee). With altcoins that aren't popular or having low trading volume or exposure compared to their counter part, the chances of using this strategy and come out profitable is minimum.

Just as you hold and wait also note that sometime you profit more or lose less if you were willing to take that small lose, wait for further dip to re-enter the market or move on to other opportunities. My advice would be to always take profit when the opportunity presents itself don't forget you're trading and not investing.

Agree with this aside from my point recently.
Usually these coins with low trading volume went burst in price in its initial launch and list in an exchange but the investors pressured the price through dumping making the trading volume pump but then after overnight, the price just seemed to dry up making it not a good coin to begin at even if you can buy it a lot due to low price.