Tougths on MCL?
Not on BITTREX
There are many long-term investment possibilities (all outside of this topic). These are:
- investing in a new altcoin launch (through a dev)
- mining a new coin at launch (through cloud hashing services)
- ICO (negociating the pre-distribution on an exchange)
- ICO (buying said ICO when available)
- dumping ICO/mine (from above) to primary market flippers
- buying as a primary market flipper from ICO/mine (if you missed it)
- dumping on first major market pump after launch (2-10 days)
- buying cheap coins after a big dump or sleeping market for later pumps (1-6 months)
- pumping up delisting revived coins (some risk because of delisting going through)
- joining a closed "investment" group that shares information about possible soon to be valuable coins
Everyone should be aware of these and use them if they want long term profits.
However, the profits no matter how big, can't exceed rapid market swings that I currently trade on. Just look at the image above, in theory one could gain 2300% in less than a day (more realistically it's around 200% for small sums). Now consider using some of these investment options and waiting days or months for a doubling of your principal.
