Trade stablecoins

[someone703]

To trade stablecoins you need to have a significant capital to start with because when you sell high and buy low you basically only make 0.5%-1% profit transactions as stablecoins don't fluctuate that much. People like to "bet" 10$ on shitcoins well because it's better than earning 0.5-1$ trading. How much you earn with basicsignals and what is your capital?

Agree with you, to be able to make a profit with stablecoins, we need a large amount of capital to be able to make low buy high sell. Because its profit is not too much and requires patience and monitoring the chart every day, not too many investors choose this way to make a profit.

[leea-1334]

How is it possible to make money trading stable coins when all they do is 0.9$ to 1$ ? Stable coins don't rise and fall like other coins, it's like you are here to promote those trading bot and that creepy website of yours, anyway, trading stable coins doesn't make any sense

It's more like 98 cents to 102 cents trading range for stablecoins to be honest, but I actually think he has a point,,, stablecoins as far as I can see hardly ever fall even to 5% losses, so you sort of can even try using leverage maybe x10 and take advantage of their rise and falls after all they are supposed to be stable;)

[mr.robot8]

seen that the gain is safe but also minimal to be able to have a decent gain it decides it would be necessary to invest , to trade with stable coins with a large amount, perhaps it is more convenient once you buy the stable coins to put them in stake , the gain is more or less same but perhaps with less stress

[Bonwin]

How is it possible to make money trading stable coins when all they do is 0.9$ to 1$ ? Stable coins don't rise and fall like other coins, it's like you are here to promote those trading bot and that creepy website of yours, anyway, trading stable coins doesn't make any sense

It's more like 98 cents to 102 cents trading range for stablecoins to be honest, but I actually think he has a point,,, stablecoins as far as I can see hardly ever fall even to 5% losses, so you sort of can even try using leverage maybe x10 and take advantage of their rise and falls after all they are supposed to be stable;)

The point here is still that you need substantial capital to trade stablecoins, else it might seem like you are just dashing out the taker and maker fees to the exchnage on which you are trading and with that, you might gradually lose the profit you are supposed to make. What I am saying invariably is that you will need at least, $200 and above to start with.
Although, one good thing about it is that, it has a very low risk, except you are not careful in placing your orders.

[20kevin20]

Putting the fact that this post looks like an advertisement away, at a first glance I thought OP's main idea of trading stablecoins between them wouldn't work but I was left surprised after checking out Tether's markets and finding out that there is a TUSD/USDT pair with +860,000,000$ volume. It looks quite shady though - can't find a pair of Tether and another stablecoin with +$100M. Maybe wash trading?

The basic idea makes sense and is a smart one indeed. But unless you have millions of dollars or hundreds of thousands to trade using this strat, you probably won't make much. On the other hand, you could buy at $0.99 and sell at $1.01 or $1.02 which, if automated, might be able to get you a decent growth even with smaller capital.. A 1% every trade doesn't sound bad at all. But how often does the price really go to the extremes of this 1-2% spread? If you can't do these trades fast enough and have a small capital, it's a waste of time for sure

I don't know man, I guess I'll never really have the guts to put a large capital on a centralized exchange to try this out. I have a habit of fucking things up whenever I try to make money so I just let everything roll according to what was meant to happen

[cytpoway121]

It is not under-rated, this is crypto currency, the space js large for every traders. Everyone have different trade patterns ot strategies, the most important is to choose the one suited to you and make profits from it.

Do ensure to always do your own research

[Kiefner]

I agree with you. Trading stable coins is also quite profitable and safe. For all newcomers to trading, this is a great way to learn how to trade. Then, when you gain experience, you will learn how to make a profit with the help of small altcoins.

[Youghoor]

Lol, how the hell do you make profit out of trading stable coins   I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases.

[CaVO32]

Putting the fact that this post looks like an advertisement away, at a first glance I thought OP's main idea of trading stablecoins between them wouldn't work but I was left surprised after checking out Tether's markets and finding out that there is a TUSD/USDT pair with +860,000,000$ volume. It looks quite shady though - can't find a pair of Tether and another stablecoin with +$100M. Maybe wash trading?

The basic idea makes sense and is a smart one indeed. But unless you have millions of dollars or hundreds of thousands to trade using this strat, you probably won't make much. On the other hand, you could buy at $0.99 and sell at $1.01 or $1.02 which, if automated, might be able to get you a decent growth even with smaller capital.. A 1% every trade doesn't sound bad at all. But how often does the price really go to the extremes of this 1-2% spread? If you can't do these trades fast enough and have a small capital, it's a waste of time for sure

I don't know man, I guess I'll never really have the guts to put a large capital on a centralized exchange to try this out. I have a habit of fucking things up whenever I try to make money so I just let everything roll according to what was meant to happen

don't forget to mention the trading fees that you need to pay and the transfer fees. so the small profit that you will get may cover all those fees in between. though if you have large amount to spare, maybe you can get a lil bit of it, that is if you are fast enough to catch that lil difference. however, stable coins deviate from its based price in a very small amount, so if you are spending small amount of money, you will just make even. so really not worth the risk.

[ballerin and giroud]

You're wrong to understand some poeple's opinion at this forum. I think most of them only said that stable coin is not an investment place, it mean when you buy now and hold it for long term or short term it will be useless because its value will remain same. It will be different if you use it as trading place, you will be benefited if you use it. The stable coin price have a movement price but it is not volatile as cryptocurrency (altcoin or bitcoin).

[al1s]

I was also looking for these oscillations a time ago. Scalping on those fractions of price movements.

To code a bot, e.g. in Python to connect to Binance API.

For example on the USDT-DAI or BUSD-USDT pairs on Binance, it would be possible to make on average 5-10 trades per day with 0,05-0,15% profit per trade. Occasionally, there are price spikes. And if opening a long trade on price-low or lower than some short moving average of price, it could be a profit of 0,2-1% per trade. That could make a ~100% ROI in few months.

But the trading fees (maker/taker) make it more difficult, on Binance are 0,1%+0,1% per trade which basically takes the whole profit of trade and that makes the scalping really inefficient, even loss - if I understood these fees correctly.

[Golftech]

Lol, how the hell do you make profit out of trading stable coins   I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases.

If that's how OP seen this then it's very possible to earned doing this, though the chance of being stucked

to any volatile coins is also needed to consider, not all the dip already at its end zone chances that more dip

will happened and you'll trapped holding those coins, just like what happened last week, most coins falls almost

50% and now it's really hard to see if they'll be able to bounce back and bring good benefits.

[Darktongue]

The bear market has been alive since the last bull ran over. The next bullrun won't start in a day but could start this year. Stablecoins are safe in the bear and bull market but extra profit could be with the top altcoins pairs in the bullrun market. Now I feel safer in the Bitcoin pair because Bitcoin's price is high dip. After the Bitcoin bullrun again, stablecoins are safe. Here are my thoughts about the altcoins trading pairs.