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CryptoCurrency AltCoin journey

Discussion in 'CryptoCurrency' started by Mugglewin, Feb 10, 2016.

  1. Mugglewin

    Mugglewin Newbie

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    I have been reading around the forum a bit and checking out the altcoin scene here. I have been able to grind out a steady profit in the altcoin gig for quite awhile. I have tons to learn and by no means know everything about this subject. I do have connections with resources in the altcoin field, and most projects include multiple core players. Using some of the lingo i read around here... i found my niche of altcoins and do a bit of a twist on them for the avg guy. So the goal here will be to show earning some money and take over a top volume slot on small altcoin exchanges for a short time with minimal effort and cost.

    So at this point we (a few holders of a nice pile of coins) are about 1 week in and have spent under 50$ and are getting the groundwork setup to get the coin onto an exchange. The process is harder to replicate than it appears at first glance. you are dealing with coding and things can go bad and get ugly real quick if you get in over your head. This is not my first rodeo in crypto. I worry that even sharing this thread could kill off a golden goose, but i need to start thinking of new ways to monetize my skills and knowledge of this game. If this "play" project does well maybe it will help me get some real weight behind something bigger i have planned with a twist i have never tried. I am new to this forum and learning much of this stuff for the first time, i can see opportunity with the meshwork of skills i have and what i see on the forum and maybe writing this we can figure out out and make some nice bitcoin.

    goal make total shitcoin with minimal effort and cost..... profit
    next up.. exchanges
     
  2. Stansy

    Stansy Junior Member

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    Works best if your friends with staff at poloniex, bittrex, whichever exchanges are doing the most volume these days. I played shitcoins for a while a year ago.
    A really weird journey for me. They're a lot of fun (imo) and when you make a little bit of money and get a taste of what it's like you want to do it more and more.

    Curious, have you ever tried trading BTCUSD for steady daily profits?
     
  3. Mugglewin

    Mugglewin Newbie

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    Agreed with the poloniex and bittrex statement. They have picked up projects we have done in the past. If they pick up this garbage we just made it will be icing on the cake, so atm the plan is in place to profit without them. I usually only trade coins i am involved with on some level.
     
  4. Mugglewin

    Mugglewin Newbie

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    Now trading on Yobit, definitely profitable at this point, how much total still too early to know but 10x or more of what i invested might be hit soon. time and effort was so minimal as to be a complete joke/test case. This can be repeated on a larger scale.
     
  5. purpthat

    purpthat Newbie

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    What is your coin called?
     
  6. Mugglewin

    Mugglewin Newbie

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    its been staying in top 20 for volume doing extremely well. There is a concept for another project on the table already, we might have to setup some sort of early bird access and pull in a larger team. these things are driven largely by social media and networking shill hype. i hate to give too much away here, but i am always open for doing the "next" thing. i have a years of altcoin experience under my belt but i am new to things talked about in these forums.
     
  7. mrankin

    mrankin Jr. VIP Jr. VIP

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    Just do some basic homework. He's stated where his coin is being traded, so find the site and go from there, not that hard.

    OP - I can understand the buzz, but is it worth it in the long run (effort vs reward)?
     
  8. 22justin

    22justin Newbie

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    PM me