What Digital Currencies to buy on pull backs? - futures io
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What Digital Currencies to buy on pull backs?


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What Digital Currencies to buy on pull backs?

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  #1 (permalink)
 sandptrader 
Valdosta, GA. U.S.A
 
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This Question is Based from a possible investment in Digital Currency.
I have found a List of more than 30 Digital Currencies and from the list there are many that are extremely cheap, and possibly for reasons i have not researched.
But i wanted to ask what others thought of the extremely low priced ones on the list.
They have all Gained considerably even the lowest priced ones.
I understand this could be a Bubble, and they all could crash and never move higher after a pullback.
I am going to add some more information as i find it, and feel free to add any links that would allow someone to research or Buy/Sell on a Legitimate exchange if there are some.
I just thought i would Research this type investment a bit more mainly since Bitcoin went from .007 area to over $ 1200
in 3 years.
This type investment reminds me of Penny stocks with High Risk, but it is interesting enough to do a little research.


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  #2 (permalink)
 sandptrader 
Valdosta, GA. U.S.A
 
Experience: Advanced
Platform: Sierra , TOS
Trading: 6E, ES, CL, GC
 
Posts: 498 since Sep 2010
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I have no clue how this works, or where to even try and buy even $100 of these currencies as far as feeling like my investment money would be safe.
If anyone wants to add anything to this thread feel free, as i am just not sure about the whole way this type of investment works.
As far as which ones to buy on pullbacks, who really knows such information, this is totally knew concept that i have not been following till Bitcoin's most recent Gains.
with that said it is still an interesting thought of having owned some of these back when they started trading as most were very cheap in price, and some are still micro priced.
For me, i would rather they be listed on a Regulated exchange just for the safety aspect.

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