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Neither of this IMO but you can also consider bitcoin whales since they are also a buyer and seller on this market
Its the buyers and sellers who are controlling the price, Cryptocurrency market is just like the stock market..
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Hi, I was thinking of trading between BTC, ETH and maybe a few others such as DOT and ADA but the fact that most traders trade between BTC / USDT or ETH / USDT etc suggests that it's probably a dumb idea that will cost me money. The fact that I need to ask this question probably suggests I shouldn't try it but it seems to me that they go up and down in spurts.
For example ETH has just had a bit of a pump whilst Bitcoin is has been up and down so I've traded some ETH for BTC hoping that I can catch a raise from BTC whilst avoiding any potential correction on ETH. I was wondering if this kind of strategy is something that many people have tried and had much success with or had any bad experiences with?
If you're a hard trader or a daily trader I suggest you try grid trading bot. The alts you've mentioned have a great volume in every top tier crypto exchanges like KuCoin,Binance etc. Also trading via grid trading bot is very easy now, you just have to set your bot on a good entry price and your money will be fine. Btw here's the link if you wanna see how good the volume is for most of coins/tokens on KuCoin especially BTC & ETH: BTC-USDT: https://trade.kucoin.com/BTC-USDT ETH-USDT: https://trade.kucoin.com/ETH-USDT ETH Volatility and BTC volatility doesnt have that much difference to be honest, I actually used to do the strategy that he was talking before, I do swing trades most of the time but I do hodl as well. Trading via bots are a good decision but you gotta be good at reading the volatility too just like trading but with bot, it will help you to lessen the lose that you can get. |
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For now, Not really the market is still pretty good. Unless a bubble popping will happen again like years ago. That will make me crazy. This kind of drops is still in control and it goes up in no time again but a bubble pop will be taking years again.
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There are actually a lot of trading bots that works perfectly fine with some people, such programs have increased in numbers since 2019. Cryptohopper for example is a famous trading bot, I've seen its name probably for 1000x already lol. But I love exploring and I've encountered more programs other than Cryptohopper like 3commas, Zignaly and Kryll.io - All are quite known in the industry right now. Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that. Ive seen this bot on my KuCoin app made me curious as its new on the app so I checked it, learn it was a trading bot then tried it and its pretty cool. Havent had any losses when I run bots, tried ETH too just like what you said and DOT and it made me profits instantly because of the volatility good entry point I think is whats making it better to use. Tried crypto haooper and bituniverse before but can say this is better version. I will be trying the DCA too they said thats much faster than the classic one good range gives me good profits. |
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A big no specially if you dont know the person or the user.. Ill just stake it instead of lending
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security and how reliable the platform is.
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Yep matic is one of the good investment.. Its a very promising project its a good timing to buy while the price is dumping.
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SCAM SCAM SCAM! Beware of Scammers!
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corona virus doesnt have any effect on the price actually. Maybe a bit because of the mining
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buy with fiat money as much as possible. dont spend your btc or crypto on some things.. learn how to hodl and long
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- They used it to buy something or trade
- They are moving it due to security reasons
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Tried using bestchange before and IMO it wasnt really the best exchange that you should use. Not even secured.. Better go with Binance, kucoin, okex,kraken, huobi or coinbase.
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doctors and nurses needs them the most
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Hodl as the market is not in its good condition until now...
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Who said Bitcoin is a hedge to pandemics tho?
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If there isnt anymore alcohol, just use soap and water. Its really hard to buy it nowadays.
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We have to admit there are some cryptocurrencies that are fraud but not entirely.
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there is this so called red bubble.
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yet people arent still learning from these hacks.. still using unsecured and unreliable exchanges.  |
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