The Bottom Feeder Vol. 3 - Retirement and final coin
The past year has been exciting to say the least
- lots of coins pumped, some far beyond recognition.
- New high cap projects hit the scene
- bitcoin is no longer fun money, its real now
If you have seen my previous bottom feeder postings, I had reviewed my alt-coin trading strategy for some serious short to mid term profits.
Basically I sort through the alt-coins and determine which were undervalued at that moment.
Well, it just so happens that every single alt coin was undervalued, who would have imagined?
With this massive pump continuing to defy all logic, I must now change strategies.
Bottom feeding from alt coin dumpage season has ended
With that, I must call an early retirement from this series even though I had only published 2 previous articles.
But, I will leave this series with one final coin to bottom feed on.
Feathercoin (FTC)
Some might consider this coin a gamble, and it very well could be.
Though feather coin has long since passed its prime value, it still remains on bittrex and has not been forgotten.
I won't even bother explaining feather coin because I could care less what it actually is about, I just want profit and I think this coin is primed for a huge leap in value.
Why?
Speculation based on previous pump cycles and this current alt-coin ralley has resurrected many ancient alt coins from near death.
- ltc
- rdd
- doge
- xpm
All the 1.0 tech from 2013!
FTC used to be in with the big dogs and I believe it will pump like the rest of the pack has done.
It currently trades just short of 2k on Trex and I set a price target of 7k with potentially hitting 10k.
Between 300 - 500% profit, and I believe this to be a short term action within the near future, possibly within the month
That's all I have for the bottom feeder.
I wish everyone happy trading!