trading in distressed securities is strictly for experts.
Unless you forgot we are talking about altcoin trading here which means that it is not strictly for experts. Altcoin trading is quite different because of its nature that most are created for Pump and Dump shceme making it easier to be manipulated, therefore you dont need to be an expert for this
You need to know how to do something that will support the coin.
The easiest would be to FUD the other coin. Not saying that you should do this but as you can see the ANN section, there is a lot of new account popping out just to say the coin is dead , move on X coin instead. It is pretty normal in the ANN section anyway. The other easy thing would be to HYPE a promises, nothing can be more Hyping than saying a promises that X feature will be implemented soon
Probably one of the best ways is to have a website that sells things or services and tell people you will implement the payment with X coin, that would give that coin really good publicity, you could also set up a signature campaign here for 1-2 months, maybe only allow people to post in the altcoin section.
Well alot have tried it that way but the fact is that I doubt it will have a significant boost for the coin. What altcoin needs to make the value goes higher will be an outstanding feature i.e Dash indeed have a great feature that is why the value of it boost up after the announcement of the new feature .
Anyway the value was up to 0.02
BTC each and now it is on 0.012
BTC , basically altcoin are great for quickswing of profit, no doubt about that
this means that if you buy at 1 satoshi, it may go below and become 0.5 satoshi
Unless you are inexperience on this but It will not go below 1 satoshi because none exchanger implement a 0.5 satoshi price and 1 satoshi is the minimum for it . 1 satoshi is the lowest mark for it and after that it will become worthless and not half satoshi
P.S : I have never seen any exchanger to allow a 0.5 satoshi price
