rowan |
11-19-2013 08:22 AM |
It's nice when bitcoin exchanges get busy
I have a program that constantly monitors order books for multiple cryptocurrencies and waits for the right moment to trade. The outcome is virtually instant, completing the trade within a few seconds. It only trades when it is fairly certain that it will make a profit... and 90%+ of the time it does.
Tonight it "bet" 1.5 LTC, and got back 2.62 a couple of seconds later, an increase of +75%. I've never seen that sort of return in a single trade. It then did it with 1.5LTC a couple more times, profiting +54%, +72%, then a loss of -25%.
Overall it netted a 2.66 LTC profit in less than a minute. 1.5 LTC start balance, 4.16 LTC end balance.
All this is probably because of today's Bitcoin bubbling away. Go volatility! :pimp
Yes, these are small amounts, but lots of small trades makes a nice profit. And it's 100% automated.
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