Dope Out Of Puff? Trading Crypto.

in trading •  7 years ago 

I've only been recently using the Bittrex website to (attempt) to buy and sell AltCoins.

I'm not even trading with a large account.

For the fun of it, I'm attempting to turn what adds up to around $100 worth of Bitcoin, into a respectable amount... somehow.

One coin I looked at was DopeCoin. The reason this one interested me was the very low price.

If a $0.02 Dopecoin became worth $0.04, I would have double my holding's worth!

But when I look at the price chart I wonder what caused the huge price rise around the 19th July, and why it's going nowhere now.

Would love to hear your comments and thoughts, and tips on trading crypto!

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It was a pump. All the MJ coins that day got a pump as I remember. POT, DOPE, THC, and a few more. Only one with a decent roadmap is POT.

Hi. I just looked at the POT chart and see the same spike there too. I wasn't familiar with the term pump, so I Google it. I know exactly what you mean now. Cheers @furionmatt