Thats correct. Im not talking about having usdt as an investment. Because well its always around 1 dollar or so. I meant about having usdt on hand to buy altcoins during dips. Or buying btc during dips but it was more so altcoins than bitcoins but it certainly applies to btc as well. Thus on coinbase/gemini, even though i never used it, i know when you sell btc, you get usd balance. Thus when you want to buy, you buy with your usd balance. But they don't have many of those altcoins.
So if you want to trade altcoins on bittrex, well you need btc. But some people don't want to hold btc. Or if they do, sometimes they want to convert it to usdt because that way when they want to buy an altcoin when altcoin dips and btc does not... let say btc stays around same price... then you would get more altcoins for your money because you would buy the btc with the usdt that you already got when you sold your btc... then immediately buy the altcoin. Of course this works to get more altcoin if btc either stays the same price or goes lower after you sold it for usdt... and the altcoin has to lower in price.
What the person mentioned about the buy 1 btc at 15k and sell it for altcoin and then altcoin doubles and you have 2btc... then you sell it for 30k usd. Then wait till btc drops to 10k and now you use the 30k usdt to buy 3 btc, that is pretty much what im talking about as well. And i like to know is usdt used the same was as usd as this applies to btc, eth and also ALTCOINS. It seems that people who do this with btc, eth seem to only do this on sites that use usd only like coinbase/gdax? Any reason why not bittrex? But with those other altcoins, obviously you can only do this on exchanges like bittrex.
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People have API trading bots following his tweets. You won't get on the train before it takes off unless you hold the coins before his tweets. Like today with humaniq the price was 300% not 15 seconds after the tweet. Bot's raise the praise, lemmings thinking that they got there first buy in and the price falls back to normal just like with humaniq.
Can someone explain how bots are even allowed? Why do exchanges allow bots?
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Well i haven't gotten a response on this that really answers the question. Thats the issue here.
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Thoughts on this at the moment? It seems like selling bitcoin gold would be good idea but bitcoin cash maybe not anymore?
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Can someone name the upcoming bitcoin forks? I read there has been superbitcoin and a few others already.
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Do you know if you get more coins if you keep it in the wallet as oppose to exchange?
Also why do you think this coin will skyrocket?
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hi there. I received wavesfullnode and the miners reward. it seems that 1 miners reward is around 15 cents at the moment. This could be sold at the waves decentralized exchange for more waves?
How much a wavesfullnode worth then? I don't know where is the price to check that?
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To those of you that have been getting his tweets and then immediately buying the coin on an exchange, are most of you profiting? For example say he tweets a coin that is 5 cents. I mean when you go buy it, does it automatically move so fast to say 8 cents already or not?
The other thing is my thoughts would be how about immediately buy the coin when he tweets it... say buy 1000 dollars worth. Then watch the price go up. Then say the price doubles... you keep watching but the moment it starts dropping... you immediately sell. Or you set a goal such as okay buy 1000 dollars worth... once it goes up 50 or 100 percent, you immediately sell it no matter what to lock in the profit. Thoughts on that? So if this coin does go all the way down, well you locked in your profit by selling it back immediately. Or of course if you held it and it goes higher etc... well you missed out but you locked in your profit. Surely ppl do this?
Does anyone here think he will recommend a coin that isn't under 1 dollar? Every coin he recommend is basically cents etc.
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To those of you that have been getting his tweets and then immediately buying the coin on an exchange, are most of you profiting? For example say he tweets a coin that is 5 cents. I mean when you go buy it, does it automatically move so fast to say 8 cents already or not?
The other thing is my thoughts would be how about immediately buy the coin when he tweets it... say buy 1000 dollars worth. Then watch the price go up. Then say the price doubles... you keep watching but the moment it starts dropping... you immediately sell. Or you set a goal such as okay buy 1000 dollars worth... once it goes up 50 or 100 percent, you immediately sell it no matter what to lock in the profit. Thoughts on that? So if this coin does go all the way down, well you locked in your profit by selling it back immediately. Or of course if you held it and it goes higher etc... well you missed out but you locked in your profit. Surely ppl do this?
Does anyone here think he will recommend a coin that isn't under 1 dollar? Every coin he recommend is basically cents etc.
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Can someone here name is all the altcoins where if you keep it in a wallet, you get freebies as opposed to keeping it on an exchange?
What I do know for now is
Waves- You get other coins for keeping it in wallet as oppose to exchange
Is there any other coins you get stuff? Does anyone know if bitbean gives you any? I do know that with bitcoin, well you get the equivalent when a bitcoin fork happens etc.
I believe are other coins like NEO that offers this as well such as giving GAS? What percentage of coins give extra stuff if you keep it in your wallet as oppose to exchange? I assume its probably a very small list?
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To anyone that owns this coin, where i can i download the wallet? Also do you get anything extra if you keep bitbean in the wallet as oppose to on an exchange?
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How many of you are getting close to the price he tweets out? Also do most of you just sell the coin after it doubles so you then would have no risk and lock in a profit?
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To those of you that are buying the coins he is tweeting, is the price moving so fast that you cannot get it around the price he moves at? So if the coin is say 5 cents, and saw the tweet and then go and buy it, how much of a price worst are you usually getting it at?
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Is there a reason why koreans cannot buy btc from us exchanges then? I dont think they are restricted right?
Okay so you are telling me someone from the us could buy btc on coinbase etc for a much lower price. Then send the btc to a korean person. Then the person sells the btc on the exchange... the korean would get korean won in their account right? Would they have any issues cashing out money to their korean bank account? I believe it has to do with limits? Such as a person can only cash out a certain amount per so and so? Because if not, couldn't a us person buy btc, send btc to their korean friend. Their korean friend sell btc on korean exchange... then withdraw the won to their bank account. Then somehow get the money to their us friend?
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So if a korean uses money from bank and deposit it into these exchanges or if they send btc to these exchanges, its hard for them to cash out in their currency? So how do they sell btc then? When they do, do they get usd in their korean exchange account? Then how do they cash out then?
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Someone in korea can't create an account on a us exchange?
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Wouldn't a great strategy be once he tweets out a coin, buy a lot of it. Then once the coin goes up double or triple or even more... but you set a goal on how much profit you want, immediately sell it back for btc to lock in your profits? And usually the price increase happens after he post the tweet? Then you look at the rise of the coin and then wait for it to hit a certain target and then sell? That way even if the coin drops down in price, well you are unaffected since you already took in the profits? Of course the negative is if the coin goes even higher etc and then you would have made more if you held it. Thoughts on this?
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If that is the case with mcafee, wouldn't be the smart idea be the moment he post about a coin, immediately buy a lot of it? Then watch the price grow and as it doubles or triples in price, you immediately sell it for profit? Of course holding it probably would be better since he recommends it but wouldn't just buying a lot and then selling it be a good idea?
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Did most ppl buy this when john mcafee sent the tweet out? Does anyone here think the price is still good at buy ?
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Thoughts on having a goal set for each coin you buy? Such as 25 percent and then sell?
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