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Mini BTC whale here. How im supposed to dump shitcoins once they

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Thread replies: 16
Thread images: 2

File: BitcoinWins.jpg (115KB, 1173x616px) Image search: [Google]
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Mini BTC whale here. How im supposed to dump shitcoins once they hit Poloniex?

Let's say I buy a shitcoin with some potential to get hyped like Trumpcoin before it hits Poloniex. I buy 1 BTC out of it. 166666 TRUMP at current exchange rate (600 sats)

So I get my 166666 TRUMP, ready to get pumped onto greater fools once it hits Poloniex.

I've seen tons of coins get introduced to the big exchanges and I have seen them crash instantly to never recover again (or do it like a year later in a random flash P&D)

Anyway, my question is: What guarantees that I can sell all those 166666 TRUMP at a good price? Nothing, there may not be enough people interested to buy at my selling order, which means the selling order never goes through and im left behind with a bunch of unsold TRUMP because people are selling them for way less money than I expected to get.

It's such a fucking gamble trying to take a big dump on low volume coins.
>>
>So I get my 166666 TRUMP, ready to get pumped onto greater fools once it hits Poloniex.
I meant dumped.
>>
>>1175750
>1 BTC
>whale
If you're a whale, I'm a fucking dinosaur.

To answer your question, yes it's a risk. The higher the risk the higher the reward, that's common knowledge. If you're willing to risk 1 BTC on the chance you could turn it into 20-30 BTC go for it. It is more likely that that won't happen. But it might.
>>
>>1175756
I said mini whale for a reason
You will be hard pressed to find people willing to gamble 1 BTC on fucking TRUMP. I mean the entire volume in yobit for TRUMP is roughly 1.2 BTC. Unless the coin goes to Poloniex and gets a decent amount of volume it's pointless.
>>
>>1175765

Lots of people are catching on to trump. If you choose to get it, now is the time
>>
>not owning some Ethereum

>not having the foresight to see what is going to happen with ethereum

>not noticing that ethereum is the one coin. The new world currency and the end of all other tradeable tokens (money, stocks, crypto, commodities)

>being a shmuck
>>
You have to be in on the ICO or have mining equipment

Trumpcoin won't go on polo because its just another memecoin and there are plenty already around.
>>
File: ETHredpill2.png (202KB, 1104x876px) Image search: [Google]
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>>1175788
Nice dubs

>>1175804
I've seen lots of memecoins on Polo. Chances of getting in are harsher by the day tho.
>>
>>1176209

/crypto/ Discord server, if anyone is interested
come if you want to talk coins n crypto
>>
>>1175765
TRUMP volume just hit 4BTC/24h and rising. Price is up to 750sat. Hope you got in already, Trump Train is leaving the station.
>>
Can any of you retards reply OP's question? or is everyone in here poor enough to not have this problem?
>>
so is the conclusion to this thread that poloniex is shit to trade on cos once a coin hits the market there it just gets dumped?
>>
Bro you transfer your trump coin to polo just like if you were sending a deposit of btc. Same concept.
>Go to depostis and withdrawls, generate an address for your trump, >send trump
>???
>lose all profit
>>
>>1175750
>It's such a fucking gamble
Now you're starting to understand crypto trading

The trick is buying while it's still on the ground floor and selling at/before the peak.
>>
>>1178084
The problem is the peak may last seconds and no one may be willing to buy at your sell order.
>>
>>1178144
So be ready for it.
Thread posts: 16
Thread images: 2


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