Hey, I just started looking into all this and slowly figuring it out. About a week ago, I stumbled on a shitcoin that is literally bouncing back and forth from 0.0000007 to 0.001. I want to drop a little money into it, but definitely seems to good to be true. The coin is called Netkoin and it's been going up and down dramatically for weeks. I know there's gotta be some kind of risk, but can't figure out what it is and wondering if I should just go for it?
Any advice on this would be awesome!
So, youre trying to scalp with those price movement? Its up to your own choice and of course it is way risky because losing money is much more faster specially if the percentage
rise and drops are way too high but really very rewarding if you done it right and a true devastation when the market goes down.Choose up on the platform or exchange
that does have big volume even though this one is listed on a couple of platforms but still better than on having one.
Always take caution on trading because you are dealing with active movement which can cause total wreck.