I've been long term bag-holding crypto since mid-December 2017. Fortunately, I got into most of my cryptos after the first pullbacks in mid-december, meaning I didn't get in at ATHs, but I'm still overall 50% down on my portfolio. It's okay, the experiment is to hold for 1-3 years, although if we get another bullrun this december, it will be hard to not take profits. That TRX buy at 3.5 cents looked genius when it was pushing 30+ cents, lol.
Now, my previous experience with daytrading pennies I took my account from $500 to $3500 in 3 months. Yeah, I added some here and there and also "reimbursed" my fees as a kind of tuition to learning how to trade, but overall I was in the green and doing okay. I feel I lucked into a couple of really advantageous trades (200-300x spikers I held onto and got out near the tops), but also had a couple of really well planned trades I'm particularly proud of. Anyway, I've started watching the market again and reading and watching trading material. I'm getting up earlier (but still not early enough) to try to watch some of the morning action. That INUV runner this morning certainly got my attention, but with no catalyst* that I could find (I've really got to get back in the habit of researching), I'm very wary of it. In particular, that morning drop from after-hours spike, that sideways consolidation, and then a nice pop from the .80s to, now 1.20s, there's a good 20%-30% gains to have been had there with the right risk. But no catalyst... definitely a speculative trade for me. Earnings in a couple days.. buy rumor sell the news?
*Edit: Just saw on yahoo about an acquisition for $2.22/share. I guess that counts. :)