/biz/ - Business & Finance

Anonymous Tue Sep 6 21:10:35 2016 No.1487585 [View]
File: 147 KB, 3817x646, riding the pump.png [View same] [iqdb] [saucenao] [google]

>>1487386
>Can you make a lot of money from a pump? Some of these coins increase like 3 or 4 times in value overnight.Couldn't you just buy a lot of the coin, ride the pump, and then high tail it?
Riding a pump is uncomfortable as fuck. Most people are going to get hurt no matter whether they are bullish or bearish. There are just too many traps to fall into.

I had a portfolio of value Altcoins (Warren Buffet like selected).
During the XMR pump, I cut my position in half @0.0157 and again @0.0212.
Then I bought a little more but sold it again after the market felt wreid.

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