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+--- Thread: Buying "0.00000001" value coins. (Investing $10,000) (/showthread.php?tid=5783478)
Buying "0.00000001" value coins. (Investing $10,000) - swavy - Jan 11, 2018
You can't can't get any lower than this so worst thing that can happen is the volume is too low and selling becomes difficult. But then it's only a matter of time for some random pump group to come along and decide hmm this one...
As I said in the title, I’m investing $10000 into this. $100 in 100 different shitcoins.
I've decided that typically, going off of other comparable coins (B3, SIC, ESP, ect) most of the time they get pumped between 15x - 50x. Depending on the coin, I'm going to put buy orders at 1, and sell orders at 15-25.
B3, for example, has had it's ups and downs, most meaning it dips to 0.00000001 then goes up 30x+.
About a month ago I was holding $500 in ESP which I bought at 0.00000001, I then sold at 0.00000001 again because I was done waiting. Now look at the value, and what it peaked at... I purchased in the middle of the 2 spikes. If I had held the coin and sold at 0.00000013 I would have made $6500 just for chilling and waiting.
I figure I can do this again, multiple times. If I put in $100 into 100 separate coins and set 15x sell orders, all I need is 5 of the 100 to be pumped to make up for the cost of the entire "project".
I'm expecting to wait ~1 month for at least 5 of the coins to be pumped. Which would mean I’ve doubled my investment..
Diversification!!!!
EDIT: Almost forgot, I'm also holding $1000 in this coin which I bought at 10, selling this one right now to get more money to buy other smaller coins. Not some sort of flexing shit, not everything is a fucking flexing thread. It's just "proof" this has the potential to work... Look at the peaks, both up and down.
RE: Buying "0.00000001" value coins. (Investing $10000) - 7figures - Jan 11, 2018
Fuckkkkk you give it away LOl, this is what i doooooooo, 1BTC i buy at 0000001 sell it at 0000002 there i have 2BTC sometimes i sell at 00000010.
EASYYY MONEY :) 🤝
RE: Buying "0.00000001" value coins. (Investing $10000) - swavy - Jan 11, 2018
(Jan 11, 2018 07:51 PM)7figures Wrote: Fuckkkkk you give it away LOl, this is what i doooooooo, 1BTC i buy at 0000001 sell it at 0000002 there i have 2BTC sometimes i sell at 00000010.
EASYYY MONEY :) 🤝
Yeah it has the potential to be really really profitable.
RE: Buying "0.00000001" value coins. (Investing $10000) - 7figures - Jan 11, 2018
(Jan 11, 2018 07:52 PM)swavy Wrote: Yeah it had he potential to be really really profitable.
Im in the process of making my own coin and getting it listed on some exchanges, Might walk of half a billyyy this year lol. Niggas in here dont know how the game works :) Also make the site look legit and shit Lol.
RE: Buying "0.00000001" value coins. (Investing $10,000) - OneEightSeven - Jan 11, 2018
Which is why I want to get into ICO... easy money but honestly another easy way to lose a bunch of money also
RE: Buying "0.00000001" value coins. (Investing $10000) - swavy - Jan 11, 2018
(Jan 11, 2018 07:54 PM)7figures Wrote: Im in the process of making my own coin and getting it listed on some exchanges, Might walk of half a billyyy this year lol. Niggas in here dont know how the game works :) Also make the site look legit Lol...
I mean I’ll buy ur coin lol, not sure about others.
(Jan 11, 2018 07:56 PM)NBA YoungBoy Wrote: Which is why I want to get into ICO... easy money but honestly another easy way to lose a bunch of money also
Technically with this you can’t “lose” any money. You may get stuck with a coin you don’t want though.
RE: Buying "0.00000001" value coins. (Investing $10,000) - J4cked - Jan 11, 2018
The price of B3 wasn't correct when it got "pumped" to 0.02. Yobit isn't on the correct chain and caused CMC to display the incorrect price
RE: Buying "0.00000001" value coins. (Investing $10,000) - swavy - Jan 11, 2018
(Jan 11, 2018 08:02 PM)J4cked Wrote: The price of B3 wasn't correct when it got "pumped" to 0.02. Yobit isn't on the correct chain and caused CMC to display the incorrect price
I appreciate you mentioning this.
Still regardless, the other examples apply.
RE: Buying "0.00000001" value coins. (Investing $10,000) - RUMRUN - Jan 11, 2018
(Jan 11, 2018 07:49 PM)swavy Wrote: Diversification!!!!Funny how people call gambling diversifying.
I get it though.
RE: Buying "0.00000001" value coins. (Investing $10,000) - J4cked - Jan 11, 2018
(Jan 11, 2018 08:03 PM)swavy Wrote: I appreciate you mentioning this.
Still regardless, the other examples apply.
You should hold it for the long term though. It's gonna be good in 6 months-1 year 🎉
RE: Buying "0.00000001" value coins. (Investing $10,000) - swavy - Jan 11, 2018
(Jan 11, 2018 08:04 PM)Ѕnipe Wrote: Funny how people call gambling diversifying.
I get it though.
To diversify means to split your money.
I’m buying 100 different coins meaning it’s a huge split. It may be “gambling” but through my eyes the odds are in my favor.
(Jan 11, 2018 08:05 PM)J4cked Wrote: You should hold it for the long term though. It's gonna be good in 6 months-1 year 🎉
B3 is honestly the last coin I would expect to be good...
RE: Buying "0.00000001" value coins. (Investing $10,000) - shreder - Jan 11, 2018
wait for those coins to be delisted and die off
RE: Buying "0.00000001" value coins. (Investing $10,000) - swavy - Jan 11, 2018
(Jan 11, 2018 08:21 PM)The Godfather Wrote: thats the biggest risk
It’s definitely a possibility I get that.
RE: Buying "0.00000001" value coins. (Investing $10,000) - Truly - Jan 11, 2018
This is a terrible idea, unless you believe in the technology. Also setting 100x sell orders is annoying to manage.
RE: Buying "0.00000001" value coins. (Investing $10,000) - swavy - Jan 11, 2018
(Jan 11, 2018 08:24 PM)jakemadison1990 Wrote: This is a terrible idea, unless you believe in the technology. Also setting 100x sell orders is annoying to manage.
Doubling up on an established coin takes ages to do. This has the potential to do it wayyy faster.
I’m fine with the time it will take with the potential it holds.