With so many coins went up so many times, we do not want to be the last to hold the babies or buy at the peak. So we dig and look for potential coins that will have much more room to moon.
Verge used to be a $200k plus market cap early this year with a value of only $0.000017 per coin and today it's $0.20 per coin with a market cap of $3B. So do you buy when it was $0.000017 or when it's $0.20? Or have you missed the boat? It may still move up, but the probability for it to run from $0.20 to $20 will be lower compared to other coins that have yet to run.
So here we are with EmberCoins at $0.000003 and a market cap of $200k two weeks ago. I have bought it yesterday when it was 0.00000003LTC, and today it fly to 0.00000015LTC which is a 5x gain. I did not sell yet as I have bought around 12 millions of coins with just around $80. This is a small amount that I can afford to lose as it has its risk in it, but the upside reward is too huge to be ignored. I could just let it run and if it turns out to be $0.1 one day, my $80 would worth $1.2M. Worth a 'gamble' rather than using the $80 for a nice dinner which is gone for good into the stomache and out into the toilet bowl.
So what is EmberCoin? Basically, it's a dead coin that is going to be revived with a change of new team. Today the market cap went all the way up to $3M. Still at $3M market cap, there are plenty of room to grow. If it becomes a star with $3B market cap, we have 1000x potential. If there's such a potential, why didn't I put in all my fiat into it? There's still a risk of the falling out. Hence, the best way to play this game is to use what you afford to lose and wait for it to moon.
Below is the EmberCoin on coinmarketcap.
If you look at the chart below, you would see the huge potential if it were to run up. Even though today it has run up quite a bit, it's still way too cheap to ignore. We always want to buy low and sell high but only god knows when is the lowest point and when is the highest point. Just set our own lows and highs to enter and exit will be sufficient.
According to the team, they will have a coin swap into a new project via Proof-of-Burn to be released on 1 Jan 2018! A coin that has fallen to the very bottom is the best bet when it was revived.
How you would like to play with this coin would be up to you. I'm excited with this revival of dead coin, but at the same time not throwing in big fund into it and just watch it grow.
This can be purchase from Cryptopia here - https://goo.gl/kqVG2d
I will be looking for more of this kind of coin and share with Steemit community here while holding on to my portfolio with other coins. Please feel free to comment, upvote and follow.
Join me on Binance - https://goo.gl/T67cRM