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.