Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 14/02/2021, 21:11:02 UTC
Sure people talk about altcoins as a way to generate bitcoins, but it surely does not seem like a sound strategy, unless you happen to be some kind of insider who is manipulating the shit.. which sure some of the altcoiners/shitcoiners do get involved in attempting to generate BTC in that way because they either have some kind of inside that they believe they will try to exploit or they believe that they are connected to some kind of inside... surely not an invest on fundamentals thesis, even if sometimes framed that way.

It's like pump & dump. Get in early, wait for the price to rise, get out early and leave others holding the bags. Lucrative if you are skilled at it probably but risky and I'm not that comfortable with the ethics of it.