Investing into very low priced currencies for a quick profit?

[Jamzymc]

Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?

[2bfree]

Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?

Is 500% in one day enough? If so then yes, I have done it it a few times. You need luck plus some skill like poker. 60%/70% luck.

[BitcoinHodler]

doable? yes
profitable? has a good chance if it is not already pumped
DGB? probably not anymore.

you can't expect an altcoin that has gone up from ~100 satoshi to 2200 satoshi to keep on rising like this. these things have a high tendency of going south. and when you look for a "quick and big profit" then you better look elsewhere.

i am not saying DGB won't rise, i am just talking about chances of another big rise.

[2bfree]

doable? yes
profitable? has a good chance if it is not already pumped
DGB? probably not anymore.

you can't expect an altcoin that has gone up from ~100 satoshi to 2200 satoshi to keep on rising like this. these things have a high tendency of going south. and when you look for a "quick and big profit" then you better look elsewhere.

i am not saying DGB won't rise, i am just talking about chances of another big rise.

I made 20,000% + in less then 30 days so there are still deals out there. Best time is after the market crashes. So if bitcoin goes back to $600 then there will be real blood in the streets that's when you can get 20,000% (not with BTC but one of the alt coins that collapses but has solid team that's what you buy after the collapse. But have cash ready!

[shirackjs]

Well, i believe some people do it by buying those coins that are on the pump list of P & D groups and wait for the pump. However you must be able to catch the pump as i notice it happen quick fast and sometimes the pump and dump done within 30 mins.

[spartak_t]

Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).

[ostsee77]

Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).

Perfect   

[Red-Apple]

doable? yes
profitable? has a good chance if it is not already pumped
DGB? probably not anymore.

you can't expect an altcoin that has gone up from ~100 satoshi to 2200 satoshi to keep on rising like this. these things have a high tendency of going south. and when you look for a "quick and big profit" then you better look elsewhere.

i am not saying DGB won't rise, i am just talking about chances of another big rise.

I made 20,000% + in less then 30 days so there are still deals out there. Best time is after the market crashes. So if bitcoin goes back to $600 then there will be real blood in the streets that's when you can get 20,000% (not with BTC but one of the alt coins that collapses but has solid team that's what you buy after the collapse. But have cash ready!

you seem to have forgotten what happened in the past 2 days
somebody posted a screenshot of coinmarketcap here in this board, you should make sure to find it and take a good look at it.
ALL altcoins dropped hard when bitcoin fell. it was a massacre.
and it always was and it always will be this way. altcoins are like penny stocks, nobody cares about them and if bitcoin goes tits up, altcoins will bite the dust.

[k@suy]

Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).

Great advice, this coin are a good investment. Low price coin do not last long, they are only for pump and dump and nothing else.When whales are tired of the pump and dump game, they will leave and you cannot recover if you bought during the pump. You become a bagholder while they are laughing to the bank.

[mastadonballs]

It's possible, basically. But you need to find coins that are going to be bump and stay away from coins that are going to be dump

[snowcrashed]

It's profitable, yes, but the difficult part is that you need to know when the coin is bumped or dumped. You can't know the future so that you can surely know that you can earn profit or not

[100%succes]

It's profitable, yes, but the difficult part is that you need to know when the coin is bumped or dumped. You can't know the future so that you can surely know that you can earn profit or not

Yes it is indeed difficult to determine when it will happen bumped and dumped, but it can know if we continue to update the coin information.

[Ayers]

Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?

yes more than doable, now i leave here an hit, look at verge only 150k satoshi similar marketcap, can increase to 2k like DGB and has better features than dgb, DGB was just a pump and dump, XCN was also a good bet but it's too late, now at 1000s atoshi

[kryptqnick]

Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).

I believe there is a problem here we don't usually take into account. I mean the fact that one can not calculate the future truth. Even if the coins you named are potentially strong, they may die with their potency not being actualized ever. On the other hand, for some reason a worse coin might attract people's attention and become very expensive and used. Its just like with seeds. They all can turn into plants but some just won't.

[spartak_t]

Most of the people here will tell you about 105 coins, which they think (and mostly - want) to increase in price. My advise is to spread your "investment" between BAT, SIA and Aragon. Problem here is that BAT and Aragon are based on Ethereum and I'm not exactly a big fan, but these are (probably) not pump & dump schemes and have much space to grow (given the fact what they can offer in future).

I believe there is a problem here we don't usually take into account. I mean the fact that one can not calculate the future truth. Even if the coins you named are potentially strong, they may die with their potency not being actualized ever. On the other hand, for some reason a worse coin might attract people's attention and become very expensive and used. Its just like with seeds. They all can turn into plants but some just won't.

Agreed. But my only doubt here if the ETH tech completely fails (it is failing now, but question is if they will solve their issues, don't pay attention on price or the many ETH based ICOs), or some government makes some major negative impact. Nothing else. It doesn't matter if some other token/coin/whatever could make you x40 more profit from these three. All I know is that they will most likely go up.

[brokedummy]

the lower your volume the easier it is. I've flipped 4 doge into 120 doge overnight but higher volumes would be harder.

[bouren]

Is it doable? Like digibyte for an example which was trading at 0.005 last month and is now trading at around 2 cents. If im not wrong that's a 5x return in less than a month. I'm looking to invest into something like that for a quick profit?

Cryptocurrency market is known for this reason Unexpected Profits. But one need to understand in 99% cases, we come to know after coin rose already. It is very difficult to grab that 1% as its not like you invest in any coin and get returns. Luck plays very big role here.

[Caesar-Giulius]

For quick profit, the only way is to invest in coins that will pump. My opinion will be following coins that have good news coming up. One example, pink coin was pumped hard during its birthday celebration. You really have to spend time researching on the news.

[cryp10]

A lot of luck involved but research helps also. So many alt coins out here now its hard to keep up with. But then again sometimes it comes down to not what you know its who you know!!

[espante]

doable? yes
profitable? has a good chance if it is not already pumped
DGB? probably not anymore.

you can't expect an altcoin that has gone up from ~100 satoshi to 2200 satoshi to keep on rising like this. these things have a high tendency of going south. and when you look for a "quick and big profit" then you better look elsewhere.

i am not saying DGB won't rise, i am just talking about chances of another big rise.

I made 20,000% + in less then 30 days so there are still deals out there. Best time is after the market crashes. So if bitcoin goes back to $600 then there will be real blood in the streets that's when you can get 20,000% (not with BTC but one of the alt coins that collapses but has solid team that's what you buy after the collapse. But have cash ready!

20000% is crazy but I doubt it can be done with larger amounts like 5 btc+. The main thing I notice with the smaller coins is that while yes you can make a profit, its very hard to do it with a sizeable base capital.