/biz/ - Business & Finance

>>26266380

>>17930669

>>4512755

Fuck it, I'll see you lads in Hell.

ITT: The best moment you've ever had when trading cryptocurrencies

>be me
>buy shitcoin extremely low
>i find out it's a scam
>devs shilling hard, people don't get that it's a scam
>i don't sell because i only invested 10 dollars in it, no big deal if lost
>go to sleep
>wake up
>price 100x'd for some reason, i guess some whale pumped
>i sell at 100x
>later that day it crashes back to 1x

I have made 1k with a scamcoin

>Going on coinmarketcap.com
>searching for coins with lots of exchanges to trade them on
>different exchanges, different prices
>search a coin with 2 different exchanges to trade them on, with 2 different prices. enough difference to make profit with buying on the one, selling on the other.
>always watch volume traded in the last 24 hours (if volume is very low, the trading is going to take multiple hours, if not days. too risky for me.)
>do this with multiple thousands of dollars
>always make around $50-$200 dollars profit
if it doesn't work out how described above, it's nothing serious. except when the coin immediately dies during the trading. never happened to me, luckily.