Like I said I am not looking at trading to make a big return and if I start with $200 will be happy if I can turn that into $1k to then invest the profits in my long term position.
Alliance block I mentioned above has pumped even more and done over 55% now in less than 24 hours so had I put my $200 in when I thought I would now be over $300 in less then a day.
$200 to $1k is 5 times the upside, that's very extreme volatility in percentage terms. Hopefully it's not a bubble that will soon burst.
The plan would then be to put that $300+ into another coin that yet to pump, wait for it to go up then repeat till i reach $1k so it is swing trading I am thinking of.
Well, there are over 1k+ unpumped coins yet out there, how do you do that with $300?