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Very Unpredictable


skillex

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Posted

Altcoin investment is very unpredictable. Trading in mercatox for example; I wont pointpick a name of a coin for respect also, but I wonder why the coins there that are listed just by the voting strategy defeated a coin that's been listed through paying the exchange. What I try to mean is I invest on this certain coin there that is listed there because they paid mercatox. Then I just ignore investing the other coin there that are just being listed there because they win the voting process. And I also do a thorough research before I invest like their website,social media sites,team and whitepaper, so in your mind I think you'll better invest to the other one that pay the exchange right? And that time they are still roughly at 5 gwei each the two coins. 
Now a 3 or 4 weeks later, the one blooming in price instead is the coin that won the voting. And the one Im investing is still stagnant. God damn it. I hate trading anymore. So tired trading already, no luck on it, urghh.. :S

Posted

I'd honestly prefer trading in penny stocks over altcoin investments. Then again both of them are too volatile/unpredictable to warrant any real serious investing. If your investment is stagnant maybe consider switching to another altcoin

  • 3 months later...
Posted

yes we can't predict the market price and it's very complicated to know the trading market and if you want to make huge profit then you should know the market well and involving well.

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