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How I saw EXPLOSIVE Growth on 2 Small Alt Coins (Over 500% Growth Each)

Discussion in 'CryptoCurrency' started by bmanfacts, Jun 6, 2017.

  1. bmanfacts

    bmanfacts Registered Member

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    I think this may be my first time posting a thread here on BHW in my time on here, but today I saw 2 of my alt coins explode.

    Alt Coin #1: Mooncoin from 1 sats to 5 sats (500% growth overall)
    Alt Coin #2: BitBean from 70 sats to 460 sats (630% growth overall)

    Note: This thread is not intended to promote such coins. (I secretly prefer such coins to remain out of chatter in the short term so I can acquire more before they pick up any momentum) Rather, it's to inform you of ways to think about investing in such a relatively new and explosive/volatile sector and help further develop any strategies you all may have.

    I shared a small bit of info in a BHW CryptoChat regarding how I found such coins and felt the community could also use it as a thank you thus far for providing me a space to explore new ways of generating income.

    As with anything in making money (especially trading... and ESPECIALLY cryptotrading) you have to take calculated risks. This means doing research before jumping the gun and buying coins (include a disclaimer again about not promoting any coins or telling you to make any investments. Do this all at your own risk).

    Both of these coins I mentioned above are very low to enter (even after the pump today) and with about $5 you can acquire a significant amount of coins. When I purchased these coins, they were VERY low cost and vastly undervalued despite their community support and some generic (to be fair and critically honest) appeal in application.

    The mindset with such coins is that if you believe they are undervalued, and you can make a throwaway purchase towards such a coin and acquire at least 4-6 figures in coins (1000- 999.999 coins) it's worth the risk. If you can stake such coins, even better (staking gives you the opportunity to generate more coins.. thus compounding your original investment when the coins increase in value).

    Well what is a throwaway purchase? Basically a purchase that wouldn't cause you to lose sleep at night. Although I'm a little strict in how I circulate my money, a good rule of thumb for those not really familiar with this is that if you are willing to spend it and not expect money to come back out of it, it's a throwaway purchase. Some people make such purchases on food and drinks they don't need in the day to day when they could wait to get home and satisfy their impulse. Some people splurge on clothes they may or may not wear but impulse told them it would look good. These kinds of purchases are throwaway purchases. Everyone is different but you get the point. Enough to risk without financial burden.

    If you are able to enter a coin at 1 sats... Well you literally have nothing to lose minus the transaction fee in trading the coins. If by the unfortunate chance the coin gets delisted, trade it back into a stable currency before the official delist (most exchanges give you a courtesy notice in advance if you hold coins on their exchanges) and try again with a different one later. And if you gain, well it's guaranteed to be 100% or more (1 sats to 2 sats literally doubles anything you put in).

    If the coins are above that but under $0.001, the worst you have to lose is a few dollars in devalued throwaway money (which, again, is money you would throw away on something that wouldn't give a return on your investment.)

    ALL coins get pumped at least once in their cryptolives provided they stand the test of time. So if you find a coin that can stand such a test and prove its at least beyond a SHITCOIN you are in business.

    In my honest opinion here's an example of a shitcoin: Showcoin. (Not to bash it if it actually has a use or will develop one. But for an example in my experience)

    Why is it so? For one, it's never been mentioned on ANY forums threads or sites (do yourself a google check to verify). Absolutely no chatter about a coin is a no no. Two, following up on that, there's no information or website about the coin. If I don't know what use the coin has, I don't have a reason to even consider investing in a coin. Three, it has no history. In fact I think someone just made the coin and put in on a small exchange hoping to pocket some money. If you choose to apply some of these principles into your trading, avoid such coins.

    Notice none of those two qualifications have to do with the fact that its 1 sats. The price of a coin usually signals its demand in relationship to its history. You can look at other threads and use google to help with this aspect of trading.

    To effectively trade with small altcoins, look on coinmarketcap.com and see the coins listed with the qualifications I mention above. If you are a more experienced trader, look at the coins on smaller exchanges (if they aren't considered top tier like Poloniex, Bittrex, and the likes) and use the info above to find your hidden gems.

    As an added bonus, look at coins that have had either explosive growth or a massive dump and look at the chatter about the coin to see why these changes occurred. I found Bitbean because of this bonus info I'm giving you and waited out the dump period before jumping in and having something to post about today.

    When you do all these things. invest, stake if desired, and wait until the time the coins get pumped due to new developments (organic growth) or whale-hype (inorganic). You will very likely come out on top.
     
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  2. darkblitzrc

    darkblitzrc Junior Member

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    Im seeing bitbean charts and i think ima buy some, theres a pump going huge daily volume.
     
  3. bmanfacts

    bmanfacts Registered Member

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    Yeah for where it hit in its max today, its very low even though the volume kept increasing. I believe it'll surpass today's max over the next week at the worst. I'm just buying and holding coins like bitbean with throwaway cash to see what kind of growth occurs. I wish I bought more so I could receive sprouting rewards much sooner.
     
  4. NagacomesforU

    NagacomesforU Regular Member

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    Tried reading up on those sprouting rewards when I noticed bitbean but did not find anything. Can you tell me more about this please.
     
  5. Botwiz

    Botwiz Executive VIP Jr. VIP

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    Any specific exchange your find to be the best to trade these shitcoins? ;)
     
  6. isarns

    isarns Newbie

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    I wouldn't get into mooncoin ... 4c*** community is really into it and whales over there pump and dump the coin like crazy
     
  7. bmanfacts

    bmanfacts Registered Member

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    Sprouting is basically just their fancy name for staking your coins. The stake rewards only come out in sprouts (1 sprout = 1000 bitbeans). So unless you have anywhere between 100k-1mil bitbeans, one sprouts will take months or even years to occur. At that point you're banking on the coin growing to a $1 (which I'm not sure I'm sold that it will reach there).

    There are various ones, I would read up on them. I usually find the coins and see where they are traded. Novaexchange is one that carries a random load of coins. They take some pride in allowing new coins the chance to flourish and thus allows you to discover coins that aren't listed on popular market analytic sites. That's actually where I found Showcoin (the coin I mentioned in the OP) and traded out of that for a different coin that actually landed me a nice profit :). Of course use that exchange at your own risk ;)

    Well its exactly that why I bought it at 1 sats. I highly doubt its getting delisted because of its community and whales will want to pump it (regardless of any developments that come in the future). This is a coin I literally couldn't lose on. Even if it dumped to 2 sats i doubled my investment. With it hovering at 5 sats, I couldn't tell you if it's worth the jump in. I'm taking the risk and holding it for further potential gains. But this is not guaranteed to happen. I'm going off my belief and research. If I play it wrong I still win.

    This is why I mention to jump in on a coin at its historical low if possible given those qualifications I mention in the OP. You're likely to come out on top. If mooncoin allowed staking, I'd be on a goldmine right now.
     
  8. rejoin14

    rejoin14 Regular Member

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    Dont forget to check volume either.
    If your Coin has no volume you cant sell them...
     
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  9. bmanfacts

    bmanfacts Registered Member

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    Absolutely. I feel like that should go without say but then again you never know. If that's not known, it's not the time to be trading yet :p
     
  10. Mihai1555

    Mihai1555 Regular Member

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    What exchange do you use for those alt coins?
     
  11. Shir0nH0rst

    Shir0nH0rst Newbie

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    How can I buy these coins?
     
  12. rayraymack

    rayraymack Newbie

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    Is it possible to buy this coins via blockchain?
     
  13. bmanfacts

    bmanfacts Registered Member

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    I use Novaexchange. But there are plenty of others. Use them at your own risk.

    Buy bitcoin and trade into them using an exchange. There are plenty of threads here to explain how to do that

    These are all on blockchain. So yes, through an exchange
     
  14. VincentVega

    VincentVega Regular Member

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  15. bmanfacts

    bmanfacts Registered Member

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    Now I have heard about it. But many exchanges are capable of having that happen. Again why I caution people to use the exchanges at your own risk. Currently a lot of people are trying to get an account on their exchange now and it's experiencing some lag in some trades. I imagine one of the main reasons its happening is because people want to buy up mooncoin before it (hypothetically) hits other exchanges like bittrex.
     
  16. bmanfacts

    bmanfacts Registered Member

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    Update :)
    Altcoin #1: Bought ESP2 from 17 sats sold @ 38 sats (223% growth overall)
    Altcoin #2: Bought ColossusCoin @ 1 sat. Holding till 4 sats (Predicted 400% growth)

    *I do invest in different ways but this thread is very focused on Explosive Growth Trading. Treat it as such*

    A lot of great threads have been created on more stable forms of CryptoTrading and are linked below.
    Reminder: These strategies I use in this particular way are to be done with caution and research. Trade at your own risk. I am not responsible for the gains (unfortunately) or losses you experience from taking such advice
    Great threads to follow:
    Not really updated much anymore but has a special place because it's where I started. Worth the whole read for many reasons.
    https://www.blackhatworld.com/seo/h...-48-hours-buying-pivx-crypto-currency.923951/

    Journey thread w/ trade alerts from OP & Advice. I do similar Trades and recommend
    https://www.blackhatworld.com/seo/j...ing-150-to-100-000-by-the-end-of-2017.941500/

    Very noob friendly thread & useful trading advice
    https://www.blackhatworld.com/seo/cryptocurrency-trading-help-bug-noob-friendly.944453/
     
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  17. J-S-T

    J-S-T Jr. VIP Jr. VIP

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    Bitbean is particularly good in my opinion because with 1 million coins, you are able to sprout atleast once in a day and sometimes thrice. So, Basically you get 30k to 50k bitbeans every month. Its like your own little bank and you get rewards daily.

    I am collecting Bitbeans on Drop and hope to reach 1 million soon.
     
  18. remshavin

    remshavin Regular Member

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    following
     
  19. Bigstar20

    Bigstar20 Jr. VIP Jr. VIP

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    I got ESP2 at 19 sats, sold it at 38 also :) I then bought more when it dropped down to 28 (it went as low as 26). There's a lot of talk about it going onto bittrex soon, so it's expected to easily reach 100+ sats once it goes there.
     
  20. rejoin14

    rejoin14 Regular Member

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