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The Altcoin (day) trading thread
10-04-2017, 12:00 PM
BTC is looking a little dire for me here. I know it could go to 5k but I'm just not feeling it.
I'm not planning on playing with anything that's not a long-term hold (COSS), something I seriously expect to go up in the immediate future regardless of what BTC does (ODN), or my little bag of microcaps that I carry (VIBE, EQT, BQX) I keep meaning to unload the latter two on the theory that someday they'll moon, but they probably never will. I've cashed out half of what's remaining to fiat and am holding the rest in ETH because its chart looks better to me than BTC.
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The Altcoin (day) trading thread
10-04-2017, 01:30 PM
Do you guys think there is any ray of hope for Siacoin? October is an important month apparently from what I read and I've bought a little bit hoping for a rebound.
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10-04-2017, 04:33 PM
MTL's drop was indeed a fakeout. It's back to where it was and now is a good buy time, I think. (You're getting in below where most accumulators did).
An entry under 21k sats seems fair, with a target of around 23 at minimum, possibly going up to 30 to reach new all time highs.
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The Altcoin (day) trading thread
10-04-2017, 06:22 PM
Quote: (10-03-2017 03:40 PM)thebassist Wrote:
ODN is actually legit brahs, I've been shilling it all day so can't be fucked to explain all the details right now. I've also made an extra 1k ODN just trading on the swings but am planning on holding on to this gem for a while.
...
Made my first $80 in crypto thanks to this tip. Caught it on the dip last night. +1
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The Altcoin (day) trading thread
10-04-2017, 10:33 PM
Quote: (10-04-2017 04:33 PM)SamuelBRoberts Wrote:
MTL's drop was indeed a fakeout. It's back to where it was and now is a good buy time, I think. (You're getting in below where most accumulators did).
An entry under 21k sats seems fair, with a target of around 23 at minimum, possibly going up to 30 to reach new all time highs.
What's your reasoning for this one?
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The Altcoin (day) trading thread
10-05-2017, 02:10 AM
If someone who has a giant pile of Siacoin, and thus likely knows more about the project than you do, deciding to take a ten thousand dollar or more loss to be rid of their siacoin NOW instead of trying to dump them on the market over a period of time doesn't encourage you to sell, I don't know what will.
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The Altcoin (day) trading thread
10-05-2017, 02:50 AM
Sold SUB for solid profit. Sold XRP and LRC (will re-buy on dips) for smaller profits.
Still doing swing trades with SALT and LINK for repeatedly profits of 5%-10% a trade within 1h-3h span. Slowly going to stop swing trading SALT as it's starting to crash.
Waiting for a pump to sell off NXC and ODN.
My current strategy is to take small profits on quick trades to increase my BTC for the upcoming fork.
Anyone in interesting coins or shilling something?
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The Altcoin (day) trading thread
10-05-2017, 06:04 AM
Quote: (10-03-2017 08:46 PM)SamuelBRoberts Wrote:
Quote: (10-03-2017 07:24 PM)NewDayNewFace Wrote:
Quote: (10-03-2017 06:03 PM)SamuelBRoberts Wrote:
Quote: (10-03-2017 12:11 PM)NewDayNewFace Wrote:
I hear Obsidian is being pumped by 4chan. Would be a good swing trade for a couple hours or a day. Current price is .73 cents. Last night it was 60 cents. This is for swing trading only. Do not hold.
Would not advise this.
ODN is a cryptopia coin and their liquidity is shit and their books are easily wiped out. It will be very easy to get trapped in a bad position, especially as ODN starts to underperform (temporarily) in the next week or two. If you want ODN just buy and hold it. It will go up bigtime when it gets listed on larger exchanges.
Swing trade!!! It's at 80 cents now. Bought some at 60 cents and just sold. Only put a thousand in but like I said... a good swing trade. Especially in a correction day like today this is solid. As I mentioned before swing trade is for the quick flip in a couple hours or days. Easy gains.
Excellent work, you were right here and I was wrong.
I am putting a lot of money into COSS, because I am a crazy, crazy person.
I recommend you look into COSS, and then you say, "I am a sensible human being who doesn't like seeing their money disappear in a puff of smoke. I'd better not buy COSS."
I got into Coss drinking the ICO, it's actually done well I don't know why you'd say putting your money there is crazy. Could you elaborate?
"I got no game it's just some bitches understand my story." Nas
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10-05-2017, 06:16 AM
Anything at that marketcap is extremely high risk. Scams and loopholes and pump and dumps abound. If Cryptocurrency is the wild west, the sub 5 million dollar market level is the seediest salon in the whole west.
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The Altcoin (day) trading thread
10-05-2017, 08:01 AM
They burned 120 mil of the coins, they didn't sale during the presale and they have an actual product up and working and actually being used ( their exchange) and their POS, merchant processing appears to be coming soon. I'm not saying they are great but I mean I can't say it's a scam if people are actually using their product. Their market cap is only $2.96mil which is peanuts especially compared to other projects that don't even have a prototype let alone a working product.... I mean at this point I think Coss is a bit u dervalued in the bigger scheme of things when looking at the world of crypto.
"I got no game it's just some bitches understand my story." Nas
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The Altcoin (day) trading thread
10-05-2017, 08:07 AM
Quote: (10-05-2017 05:40 AM)SamuelBRoberts Wrote:
Quote:[url=https://twitter.com/AndrewQuackson/status/913195469144301568][/url]
The crazy, goofy alt-right duck that I've followed on twitter since the days of gamergate in 2014, who posts goofy memes and stats about immigration, is now shilling me NEO and MTL, the latter because "something something public alpha".
I think it's time to exit the markets, guys.
A guy in a telegram group got into MTL heavy during their ICO has made a killing there and they seem to have s good product and have just cut a deal in the canines market, those guys are having trouble getting merchant processing accounts. NEO 4 Lyfe!!! That duck is onto something today
"I got no game it's just some bitches understand my story." Nas
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The Altcoin (day) trading thread
10-05-2017, 08:49 AM
^You talking about Hen (just curious)
I know a guy who made over a million over MTL. That's the come up I need
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The Altcoin (day) trading thread
10-05-2017, 10:24 AM
Naw not Hen but another guy in that group...... that's the comic I'm looking for as well, your in the RVF Telegram?
"I got no game it's just some bitches understand my story." Nas
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The Altcoin (day) trading thread
10-05-2017, 11:37 AM
I'm in too many telegram groups. PM me your handle and I'll message you on there.
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The Altcoin (day) trading thread
10-05-2017, 01:27 PM
Coss is up 87% in in the past 24 hours
"I got no game it's just some bitches understand my story." Nas
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The Altcoin (day) trading thread
10-05-2017, 06:44 PM
I went in on Salt last night with all my money (not that much tho). Looks to be a good project, up a couple hundred bucks in 12 hours, cant complain
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The Altcoin (day) trading thread
10-05-2017, 07:23 PM
Salt will dump in a while then reverse up. It's a good long term hold but I think it'll dump more before it goes up. People got in at 25c way back a couple months ago.
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The Altcoin (day) trading thread
10-05-2017, 07:29 PM
Yeah, if I had SALT I would dump that stuff so fast. Nothing like taking a 50% loss because some guy who got it cheap wants to buy a 3rd lambo.