I've been casually trading during the roller coaster ride by buying (or selling) then setting a sell (or buy) limit order to about 3-4% difference, to cover the fees plus a small profit. At the moment this works pretty well, but there's always the threat that the roller coaster will shift a level and that open order will never execute.
Hmm, guess this is the sort of thing that could be automated...
The best thing to do is just hold. I sold some then bought it back when it started to climb again, but I was really nervous. Had it not gone the way i wanted it would have been really costly.
The price will ALWAYS go up and down when you look at it closely. But step back and look at the trend from the beginning, you'll see that its value and those of other coins will just keep on climbing. Everyone wants to make a bug, and no one wants to miss the boat.
I just bailed out completely. It's become pretty apparent lately the exchanges are price fixing. Very likely why capital is fleeing.
I'd really like to know how the exchanges would be price fixing. You want an example of price fixing, look to the major players of Bitcoin Cash and I mean the dev team. That's how it's done.
I'd really like to know how the exchanges would be price fixing. You want an example of price fixing, look to the major players of Bitcoin Cash and I mean the dev team. That's how it's done.
All you have to do is look at an exchange right now. Particularly binance. All they are doing is recycling through old buys and sells at the moment. Most top coins have been in unofficial (who would officiate anyway?) suspended trading for over 12 hours.
PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF.....
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Everything is down, down, down...tells me someone is gaming the system, pushing the prices down so they can say "Hey look people! It's low, but Bitcoin!" Then when it goes through the roof, sell.
Also: don't check every 3 minutes. It will drive you cuckoo. LOL
Everything is down, down, down...tells me someone is gaming the system, pushing the prices down so they can say "Hey look people! It's low, but Bitcoin!" Then when it goes through the roof, sell.
Also: don't check every 3 minutes. It will drive you cuckoo. LOL
Yep, definitely being gamed.. eth was at 550ish for a moment last night. What they are doing is driving the price down, buying low, then moving the price up and reselling. It's always under market as well. So then they send the coin to another exchange and sell there for some arbitrage.
PLEASE WAIT WHILE BIDEN ADMIN UNINSTALLS ITSELF.....
██████████████████▒ 99.5% complete.
Check back. Thats been going on/off/on/off since last friday.
Coinbase. The industry standard. Signing up 100,000+ a day. But you can buy and sell only when they let you. And let's not talk about the transactional fees because, Bitcoin.
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