Yeah I like to look for those small caps. I’ve seen altcoins with $1b market cap double in price in less than a week so ones like this with only $10m market cap can pump a lot more and I just try to find them before they do.
I’m buying and holding till at least 200% return, it hasn’t pumped yet so will just continue to hold and buy a bit more soon long as it stays around current level.
It’s a risk but you have to take risk to make good money in this space and it’s only with a small amount. The aim is to try make a return to then put profit into top altcoins that I plan to hold for longer.
I wish you good luck with that, I hope that it will ever you reach 200% gains. Because if that's me, as long as it's profit I'd take my capital and let the profit run for itself.
I am no longer into meme but you seem to be very active trying to spot on those early and lower cap ones.
But since the coin was launched, it has risen over 10 times before falling so significantly. Maybe the coins can still increase, I am not sure as there are millions of coins now. But it is not bad if JamesDaniel90 use very small amount that he can afford to lose to invest on the coin. Maybe the coin can grow in the next bull run before falling massively more than the price is it today.
There's always that possibility that it can increase more than that it did recently. Speaking on my experience with these meme coins, I've got a trauma already and that's why I want him to profit when he's able to and don't have to wait further for his actual target.