Bitcoin Forum
August 02, 2024, 12:18:21 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Trading Discussion / Feeding of a hype on: November 09, 2017, 11:38:01 PM
Hey,

I'm sure the following principle has to have some flaw which I just don't see - since it would be too easy.

I just thought that it should be possible to feed of very short term hypes - as bitcoin is currently traded by many people riding the hype train without deeper knowledge, I think it should be pretty save to expect a short term, small spike for certain events. E.g. a big bitcoin page announcing some new market will accept bitcoin from now on; 'boom' goes the hype train and at least for a moment a small increase is to be expected. Now if I just invest for this short period of time and use big leverage, it should be possible to feast of that small but predictable spike.

So why haven't I heard of this before? I'm not knowledgable in trading and I can't believe that something so simple would be overlooked. So is this small spike too unpredictable/unstable to take the risk with leverage? Am I overlooking something else?

Thanks for your opinion!

Best
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!