RE: How am I going to deal with Segwit and BitcoinCash BCC? Should you get comfortable with taking loses?

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How am I going to deal with Segwit and BitcoinCash BCC? Should you get comfortable with taking loses?

in trading •  7 years ago 

Guy can you help me out.... is there a way to profit from these spikes? I'm assuming they occur because of pumps and dumps.... but is their a way to profit from this? Or just stay away...

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The only way is to set a sell order at these price points. Alerts will catch them but once you anticipate it may be too late. I like to use just a couple of charts which has good history of these spikes with enough frequency. EOS/XBT on Kraken is one of my faves. No big spikes in last couple of days, so hoping for some in next 24 hours

reading the chart effectively will always tell you what you can do to profit.. this is a great example of good chart reading.. it likes to spike, so why not layer some sells .. awesome job

  ·  7 years ago (edited)

Yes, look at previous videos. You have to buy before the pump and set a sell order. I bought after the pump and still made 14% but it's not Luc's tactic.