Hi Ryan - thanks for all the free tips - make good reading. Made about .3 BTC on ESC (only! from about 0.05 that I had lying around) after your tip-off last time & was kicking myself for not liquidating my other couple of positions and betting the (tiny) farm.
Also been reading the diversification/all-in argument & think I agree. Like in poker as a small guy you can just get "eaten up by the blinds", even the transaction fees don't make sense if you're trading .1 BTC several times a day - not to mention your time.
So next time ESC is back down under 10% of what it is now - I'll be doing my very best to load in whatever cash I have.
Sounds good bro, markets like ESC are very easy to predict and profit from... What I will say is, always look to see that others are accumulating before putting your position on. That way, you protect yourself from buying into "dead coins" or coins that are on the verge of dying.
For now after deciding "all-in" is the way to go, I'm almost all in on NakomotoDark with about 0.6 BTC below 100 satoshi ha ha. Not a tested one with three or four previous peaks to reassure me - but then a lot of the pumps seem to be on new "Dark" coins still (was also in in a small way on DarkShibe & DarkSwift - cashed some of that out to buy a drum machine - nice!)
If it hits front page on Bittrex hopefully might lift off for some redistribution - we'll see....
I tend not to buy into brand new coins at all, so I can't advise on that.
My strategy is heavily based on historical data, which I use to expose the habitual movements of whichever coin I'm trading. It will be impossible for me to do that with a brand new coin
that doesn't mean you can't make money on the coin you mentioned, it just makes it more of a gamble than a sure thing