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December 30, 2013, 11:16:42 PM |
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Don't buy on emotions! The coins are pumped and dumped(Some). Hype a release/coin get the newbies to buy their pumped coins. This is not for every coin, but most alt coins coming out now are pump and dumps, pet projects. If the creator can manage to mine a large sum in the beginning with his close friends, and once they are released that is BIG MONEY. Most people buy high, sell low, they chase trends. Selling or keeping the coin is up to you. I myself, have only invested in 3 coins bitcoin, litecoin, and mined dogecoin in the beginning. The rest of the coins I mine and trade for Bit/Lite coin as those are the 2 that are stable. Now saying it was a bad buy, just keep those fingers off the clicker for a bit and watch the movement and orders! Have a good one and good luck!
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