JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 23, 2021, 01:17:37 AM |
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Hahahahaha Willy woo is both a smart guy and has great presentation of the subject matter, but remember he had a bet that was likely lost about a month ago, which was something like : "the BTC price will not go below $45k this calendar year" - something like that. No problem really because if you are a public figure who draws squiggly predictive power lines about the BTC price, ultimately there's going to be a bet in there. I would imagine him to be a pretty gracious loser. I will say an old friend is texting me chiding me for not selling and buying my retirement house. That's always a good sign, or then again... maybe he is right this time?
That is very funny... I am presuming that this "friend" is a nocoiner? Sometimes friends might end up "knowing too much", and probably you deserved a certain level of chiding anyhow because you likely had been "rubbing in" your friend's ongoing lack of taking you (or your BTC investment) seriously. So here's his opportunity to get back at you, no? I mean aren't you suffering cAPSLOCK? You are only around 3x UP from September and you could have been 6.5x up.. NOT to mention that your costs are likely way the hell below $10k anyhow, so we are just considering what has happened to your portfolio since September until now, and gosh it hardly seems like any kind of suffering situation.. except for someone wanting to chide about ONLY being up 3x from September rather than 6.5x, and I suppose that the dweeb friend also is suggesting that you "better sell now" while you are still up.. and trying to knock some common sense into you (that is the common sense of a nocoiner, which is hardly common sense when we really consider the matter). Of course I suffer a little during these times. Even though I have learned to avoid as much of the pain as possible and have grown a bit more spine than I had way back when I also have more to lose now than ever. If you had told me I would ever been in a position to lose or gain what I can lose or gain in a single day I would have been astonished. But I would also have been delighted. A problem I would like to have, as I say. But that does not change the fact that all of our "numbers" have been up 2x what they currently are, and that is painful. My friend will never reveal to me whether he has bought Bitcoin or not, though I told him about it at sub 4 digit prices. He did buy some ripple and Bcash I know that... *sigh*. I am hoping he has bought a little Bitcoin too. But I think he has done OK in the stock market. He is just frustrated that he thinks I have enough to retire and that not having done so means I am greedy. For me the equation is simple. The amount I have to gain by putting off retirement is enough to make it an easy choice to be able to still work, and even throw the occasional couple K at Bitcoin on days like today. I bought the last time we were near 30, and today. Actually today I got it at 29980. HA! I am a simple man, who leads a simple life. My descendants will have wealth they cannot believe if I am right about this bitcoin thing... I often wonder if that is a good thing... Well am often amazed in terms of how the value magnifies upon itself (also known as compounding), so there are a lot of traditional financial folks (warren buffet types) who said that they were having some troubles wrapping their head around some aspects of bitcoin because they like to be able to earn dividends and a lot of bullshit like that.. but sometimes the value of the corn is appreciating so god damned fast that you may well not even be able to spend it as fast as it grows - absent some kind of major change in your consumption style. One thing about your current cashflow and taking that fuck you step is for sure having the assurance that you have enough, so yeah, maybe there does come a point where you do have enough.. but you are so god damned stubborn about NOT selling your bitcoin that you end up having to wait another cycle when you surely already had enough to act now or close to now. Of course, no one is going to be able to conclude the specifics, except for you, including that you have to weigh both financial considerations and psychological comfort levels in terms of projecting out your cashflow, including accounting for the worser case scenarios in bitcoin. I, personally, believe that it is way easier to accomplish by balancing between cash and bitcoin, but sure other people believe that they can use properties or even annuities to be able to lock in a kind of certain cashflow for the rest of their lives. I am not opposed to any of the varying ways of considering the matter... because of course, you should be able to add up the varying amounts, and come to a conclusion.. which also includes knowing that you have a cashflow from a job that would be reduced if you were to pull the fuck you lever.. and then a question if the appreciation (or value of your bitcoin) is sufficiently enough to offset whatever cashflow it is that you would be using.. including that you might have to ensure that you have health insurance coverage or that you cannot draw from certain kinds of funds until you reach a certain age.. and of course, if you are not contributing into such funds, then those funds will be smaller when you reach such age and become eligible for drawing. I have a fund that has been shrinking in value because I have not been contributing into it since 2013 - but I had already calculated that there was going to be a reduction in the amount that I was going to be able to receive because of my 2013 decision to stop contributing into the fund.. but at the same time, I see that the shrinking of that fund is seeming to be more than I had anticipated - meaning that the amount that I am going to be able to draw on a regular basis is less and less and less and even showing that I had made some errors in my calculations - but at the same time, it is a good thing that I had been investing into BTC since 2013, and so even though I had considered my BTC investment to be a potential way to supplement my other kinds of income down the road, I had also figured that even if BTC had gone to zero, I would still be able to sufficiently survive on the various sources of income that I already had and some of them that would become available at later dates. One surprising aspect of the bitcoin investment is that it seems to be making up for some of the shortfalls that I am now calculating in the various income streams that I had projected out, so yeah, even though I had figured that there might have been some needs to live on a budget in the future, my bitcoin investment has allowed me to be able to live way better now and even building up to my future budget because there is so much surplus in the bitcoin investment. Many of us who have invested in bitcoin through the years realize based on personal experiences so long as we had erred on the side of maintaining a decent BTC stash and spending from other sources first, then the BTC has outperformed all other assets.. I mean my BTC outperformed all of my other categories of assets combined - even with the to-date 66% correction (down to $28,600) that there seems to be a sufficient bounce back to put us around a 47% correction territories as I type ($34,300). I guess my point was that I was hoping that bitcoin was going to supplement some potential short comings in my finances in my future so maybe I could perhaps buy something nice here or there at various points or maybe not have to worry about short-falls in cashflow, so maybe I could use the BTC to buy a new car or go on a vacation or some things like that might have been tighter on the budget or to drive a luxury car rather than a standard car. .. but when the BTC value becomes the size of all of the sources of income combined and even now at a kind of 4x more than the size of all the other cashflows combined, then there seems to be some ability to justify shaving some value off, if needed and not worrying about it.. because not ONLY is the value of the BTC enough to serve its purpose it is multiple times excessive from the original purpose that it was contemplated to serve.. and yeah if there are also irresponsibilities where the prices of everything goes up 2x or 3x from where you were contemplating, that seems to not be a problem, either.
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explorer
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June 23, 2021, 01:24:44 AM |
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Hope we've all got baskets full of fresh picked corn...
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xhomerx10
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June 23, 2021, 01:35:26 AM |
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~snip I propose collectively wearing above hat with laser eyes to $50k. @xhomerx10 can you do you magic please?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Ff49SpcZ.png&t=665&c=LLFjA96AmnkvwQ) Nice 1 . Thanks Oh. I am stealing one of these for my twitter profile... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) whee. what you guys think about this style? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FE4dpEL8VoAQKZmo%3Fformat%3Djpg%26name%3Dsmall&t=665&c=xACk7ZqMhCyWdA) Okay, that is a pretty awesome stylized Bitcoin symbol. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FVxA6CyH.png&t=665&c=_XhrHhYlJhQjUw)
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ChartBuddy
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June 23, 2021, 02:01:26 AM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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June 23, 2021, 02:07:58 AM |
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[wheel squeaks]
squeaky wheel gets grease 4 sure cannot deny that Biodom has such squeakening properties 40K in one hour ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Whoaza!!!! I want some of that stuff you are smoking. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Don't want to make money. Want to accumulate bitcoin which will make money in the long run because bitcoin is likely to be going up in the long run. In other words, you biodom have been reading that nonsense, and no wonder you are an emotional reck half the time. And, the other half of the time, you are you. Well, you cannot help that part. I am wondering, have you ever heard of king daddy? Best to adjust your BTC buying strategies to dee king.. .figure out if you are in an accumulation, maintenance or liquidation stage, and adjust your strategy accordingly. Furthermore adjust your strategies to ur lil selfie including figuring out if you have accumulated enough BTC or if you are still accumulating. What is your target BTC accumulation goal? In the early stages, I really am not suggesting any kinds of selling of BTC at all.. just DCA which is blind, buy on dips and lump sum investing. But once you start to reach your BTC accumulation goal or you exceed your BTC accumulation goals, you may well want to play your BTC hand a bit different by adding some selling of your BTC on the way up.. but only small amounts for insurance purposes on the one hand or not giving a shit if the price never comes back down (so you better be selling small amounts). Of course, there are some people who have not reached their BTC accumulation goals or exceeded their accumulation goals, so first things gotta come first instead of worrying about making money blah blah blah.. I am no way recommending engaging in selling in order to accumulate more BTC.. which seems to be what you are suggesting Biodom.. not my cup of tea and do not recommend that.. but if you have already over allocated into BTC then you can sell small amounts of BTC on the way up in order to provide insurance which may result in more BTC on the way down if the BTC price were to go down, but if the BTC price does not go down, then you are more than willing to leave those sold BTC on the table.. so anyhow, the immediate goal should not necessarily be to acquire more BTC through selling.. the acquiring of more BTC when the BTC price goes down (if it does) remains just a side benefit to take advantage of lemons by making lemonade. I explained my strategy many times and the factors to consider in terms of individually tailoring such strategies.. and I am also letting uie-pooie know that it works very well.. even though uie-poo-ie just want to fight about it on an ongoing basis, so therefore, since we are in a public thread, I am letting dee udder peeps know that buying BTC on the way down and selling on the way up can work really damned well, especially if you figure out a comfortable way to structure what you are doing in order to take out a large amount of the emotion.... don't be selling too much.. and make sure you always have enough fiat to buy on dips.. so you never run out of fiat in case the BTC price dips beyond your expectations. .. then maybe you are left with only HODLing through the matter and just waiting for cash flow to come in or just to wait for the BTC price to get back up to your sell orders which might be quite higher above the current price, especially if you run out of fiat way too soon in a dip. For example in this dip, a lot of people blew their whole wadd of fiat in the lower $50ks or maybe in the upper $40ks, so when the BTC price dropped below $45k, they had not fiat left for buying.. maybe since we were below $43k for more than a month, there might have been some cashflow that came in for some of those folks to buy some BTC below $43k in the past month. So sure, you should ONLY be selling if you bought lower.. not talking about leverage here.. so if you run out of money to buy with, then it makes little to no sense to be selling. Of course, if we are considering the matter in terms of you already having accumulated a sufficient quantity of BTC, and not running out of fiat to buy on the way down, then when the BTC price resumes up, a strategy of creating sell orders on the way up is both allowing the setting the price and the amount of what you want to do in advance, and then let the price come to you and don't get worried about if the BTC price is manipulated or pushed in one direction or another or if it stays flat for 3 months with no buy/sell action.. no problem.. Whether buy or sell, when the BTC price comes to you then your orders are executed because you have already decided what you are going to do in advance (and where you had decided to place each order whether on the way up or on the way down)... You are not trying to guess which way the BTC price is going to go because you should give no shits as long as the BTC price is going UPpity in the long run. What better system could there be when we are talking about autonomy, control and getting more and more richie all at the same time, without even having to think about the matter once you place your buy/sell orders? but you gotta get to BTC accumulation by a combination of DCA, buying on the dip, and lump sum investing.. so I am suggesting that you would not even want to be fucking around with selling BTC on the way up until you first reached or exceeded your BTC accumulation goals.
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modrobert
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-"When the going gets weird, the weird turn pro."
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June 23, 2021, 02:30:48 AM Last edit: June 23, 2021, 02:43:06 AM by modrobert |
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After reading some tweets this morning, sadly realize the high profile people I added recently who promote Bitcoin (with laser eyes) as a currency for its functionality and features are now whining about dumps and giving questionable trading tips. I guess they are stuck in some crap position making them nervous and not following their own ideals after all. Going against the Twitter narrative, I might adopt an approach commonly used before the MTGOX crash, when all you see is volatility then go for rebalancing. The constant-mix rebalancing strategy will outperform all other strategies in oscillating markets. The buy-and-hold rebalancing strategy will outperform in up-trending markets. Usually what happens by the time I port the rebalancer bots to work with new exchange APIs is that the rate turns flat for ages, so perhaps I'll go manual trading for now until volatility is confirmed.
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jojo69
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diamond-handed zealot
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June 23, 2021, 02:46:25 AM |
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ChartBuddy
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June 23, 2021, 03:01:35 AM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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After reading some tweets this morning, sadly realize the high profile people I added recently who promote Bitcoin (with laser eyes) as a currency for its functionality and features are now whining about dumps and giving questionable trading tips. I guess they are stuck in some crap position making them nervous and not following their own ideals after all. Going against the Twitter narrative, I might adopt an approach commonly used before the MTGOX crash, when all you see is volatility then go for rebalancing. The constant-mix rebalancing strategy will outperform all other strategies in oscillating markets. The buy-and-hold rebalancing strategy will outperform in up-trending markets. Usually what happens by the time I port the rebalancer bots to work with new exchange APIs is that the rate turns flat for ages, so perhaps I'll go manual trading for now until volatility is confirmed. This bot is thinking: "Fuck rebalancing and those theories about blindly rebalancing such a great investment as bitcoin." You know that some of the professional investors who are investing the funds of other people are forced to rebalance their BTC because they are not allowed to go beyond certain allocations.. whether that is 2% or 5% or some other whimpy number, they are not allowed to let their winners ride. Individuals can authorize their lil selfies to do whatever they want. Individuals do not have to follow the same underperforming guidelines of professional investors, and not even that professional investors out perform index funds.. and if individuals want to engage in dumb investing techniques such as rebalancing, then let those individuals sacrifice their lil selfies and limit their little selfies from being one of the beneficiaries of the greatest wealth transfer that man has ever experienced (at least to date)... so yeah.. cut off your nose off, despite your face.. and that will have been your choice regarding how to play out your bitcoin investment.. If I had been forced to rebalance my BTC, I would be poor as fuck right now.... or at least I would have around 13.5% to perhaps 20% if were to be allowed to be aggressive in BTC and the rest in traditional investment and relatively poor performing assets.. If I had even followed that formula, perhaps I would not have even had been allowed to buy up to 13.5% allocation into bitcoin because I had already recommended to my little selfie to invest ONLY up to 10% of my quasi-liquid investable assets into BTC, but then when I reached a 10% allocation around the end of 2014, the BTC price stayed pretty flat through most of 2015, so I continued to add BTC and my BTC investment had reached 13.5% investment into BTC by October of 2015. Seems to me that the better theory when it comes to BTC is to let your winners ride and to employ some more minimal volitility offsetting formulas that are not so damned extreme as rebalancing back to pathetic or whimpy allocation amounts. In 2017, my winners (BTC) went from 13.5% up to 80% and then came down to about 44% at its low in December 2018.. and now my winners (BTC) is at about 86.5% currently, even though it had been about 91% during the April-ish BTC price peak.. but what the fuck need is there for me to get caught up on worrying when there might be a peaks or troughs in the BTC price or whatever direction the BTC price might go when I am already comfortable with what I got and my various strategies within BTC to help to protect myself from some of the seemingly inevitable price volatility, including that I am comfortable that my current about 13.5% allocation of investments into various traditional assets are enough to mostly sustain me if needed and I am not even worried about my BTC since my BTC has been overall outperforming without any real expectations that it is going to stop outperforming all traditional assets including compounding value upon itself, and seems to me to be a way to keep yourself poor if you are regularly reallocating (or rebalancing) your winner (BTC) at times that might not be appropriate.. including some of the potential complexities of paying taxes on the part that you sold and maybe you really did not want to sell that portion of your BTC. In the end, do what you want regarding rebalancing your BTC, but I am pretty convinced that my late 2016/early 2017 to allow my winners to mostly ride has overall brought way more compounding of value to me and comfort to me and richie status to me than if I had rebalanced to some set percentage (whether that would have been 10% or 13.5% or even 20% to be generous to my BTC allocation) every time the overall BTC portfolio went up relative to those other traditional assets that I have. Even if I would have allowed more generous allocations to BTC by rebalancing to 20%, seems to me that I would have caused my lil selfie to have a way smaller BTC stash and a lot of stress trying to figure out how to get back the BTC that I had sold, and sure I would have plugged that money into a bunch of relatively-speaking loser investments that I did not want to accumulate more of.. and maybe I would have been able to buy BTC back lower.. but not feeling good about how all that would have played out. In other words, seems to me that it would be way better to figure out how you would like to play your bitcoin hand without necessarily going to extremes or blind formulas that are failing/refusing to recognize the exponential s-curve potential of king daddy and getting forced into some traditional finance nonsense that causes you to sell way too much of your BTC way too soon, and largely you are likely not very interested in those other investments, anyhow.. except perhaps merely as kinds of place holders... but whatever.. do what you want. You have to live with whatever it happens to be.
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ChartBuddy
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June 23, 2021, 04:01:25 AM |
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modrobert
Sr. Member
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-"When the going gets weird, the weird turn pro."
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June 23, 2021, 04:03:46 AM |
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After reading some tweets this morning, sadly realize the high profile people I added recently who promote Bitcoin (with laser eyes) as a currency for its functionality and features are now whining about dumps and giving questionable trading tips. I guess they are stuck in some crap position making them nervous and not following their own ideals after all. Going against the Twitter narrative, I might adopt an approach commonly used before the MTGOX crash, when all you see is volatility then go for rebalancing. The constant-mix rebalancing strategy will outperform all other strategies in oscillating markets. The buy-and-hold rebalancing strategy will outperform in up-trending markets. Usually what happens by the time I port the rebalancer bots to work with new exchange APIs is that the rate turns flat for ages, so perhaps I'll go manual trading for now until volatility is confirmed. This bot is thinking: "Fuck rebalancing and those theories about blindly rebalancing such a great investment as bitcoin." You know that some of the professional investors who are investing the funds of other people are forced to rebalance their BTC because they are not allowed to go beyond certain allocations.. whether that is 2% or 5% or some other whimpy number, they are not allowed to let their winners ride. Individuals can authorize their lil selfies to do whatever they want. Individuals do not have to follow the same underperforming guidelines of professional investors, and not even that professional investors out perform index funds.. and if individuals want to engage in dumb investing techniques such as rebalancing, then let those individuals sacrifice their lil selfies and limit their little selfies from being one of the beneficiaries of the greatest wealth transfer that man has ever experienced (at least to date)... so yeah.. cut off your nose off, despite your face.. and that will have been your choice regarding how to play out your bitcoin investment.. If I had been forced to rebalance my BTC, I would be poor as fuck right now.... or at least I would have around 13.5% to perhaps 20% if were to be allowed to be aggressive in BTC and the rest in traditional investment and relatively poor performing assets.. If I had even followed that formula, perhaps I would not have even had been allowed to buy up to 13.5% allocation into bitcoin because I had already recommended to my little selfie to invest ONLY up to 10% of my quasi-liquid investable assets into BTC, but then when I reached a 10% allocation around the end of 2014, the BTC price stayed pretty flat through most of 2015, so I continued to add BTC and my BTC investment had reached 13.5% investment into BTC by October of 2015. Seems to me that the better theory when it comes to BTC is to let your winners ride and to employ some more minimal volitility offsetting formulas that are not so damned extreme as rebalancing back to pathetic or whimpy allocation amounts. In 2017, my winners (BTC) went from 13.5% up to 80% and then came down to about 44% at its low in December 2018.. and now my winners (BTC) is at about 86.5% currently, even though it had been about 91% during the April-ish BTC price peak.. but what the fuck need is there for me to get caught up on worrying when there might be a peaks or troughs in the BTC price or whatever direction the BTC price might go when I am already comfortable with what I got and my various strategies within BTC to help to protect myself from some of the seemingly inevitable price volatility, including that I am comfortable that my current about 13.5% allocation of investments into various traditional assets are enough to mostly sustain me if needed and I am not even worried about my BTC since my BTC has been overall outperforming without any real expectations that it is going to stop outperforming all traditional assets including compounding value upon itself, and seems to me to be a way to keep yourself poor if you are regularly reallocating (or rebalancing) your winner (BTC) at times that might not be appropriate.. including some of the potential complexities of paying taxes on the part that you sold and maybe you really did not want to sell that portion of your BTC. In the end, do what you want regarding rebalancing your BTC, but I am pretty convinced that my late 2016/early 2017 to allow my winners to mostly ride has overall brought way more compounding of value to me and comfort to me and richie status to me than if I had rebalanced to some set percentage (whether that would have been 10% or 13.5% or even 20% to be generous to my BTC allocation) every time the overall BTC portfolio went up relative to those other traditional assets that I have. Even if I would have allowed more generous allocations to BTC by rebalancing to 20%, seems to me that I would have caused my lil selfie to have a way smaller BTC stash and a lot of stress trying to figure out how to get back the BTC that I had sold, and sure I would have plugged that money into a bunch of relatively-speaking loser investments that I did not want to accumulate more of.. and maybe I would have been able to buy BTC back lower.. but not feeling good about how all that would have played out. In other words, seems to me that it would be way better to figure out how you would like to play your bitcoin hand without necessarily going to extremes or blind formulas that are failing/refusing to recognize the exponential s-curve potential of king daddy and getting forced into some traditional finance nonsense that causes you to sell way too much of your BTC way too soon, and largely you are likely not very interested in those other investments, anyhow.. except perhaps merely as kinds of place holders... but whatever.. do what you want. You have to live with whatever it happens to be. Last time I used bots for rebalancing successfully it was ~280% profit in two weeks, granted, at that time Bitcoin was swinging a lot more than now and some exchanges allowed pending orders without allocating funds until triggered. In my opinion, there are several benefits of using bots; works a lot faster than a human, removes emotion from the trade, moves your strategy from making individual trades to tuning the rebalancing scheme. Fully aware that this probably means I'm a bad trader, but good at programming, so there you go. I agree with several of the points you are making, and thanks for the tips. At this very moment it looks way too flat for rebalancing, need bigger fluctuations on an hourly basis.
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Biodom
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June 23, 2021, 04:13:03 AM |
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bitcoin IS money..stop making a straw men out of your zeroes and ones. Where are the beloved ratts, damn it? Deleted? Btw, one day you are 'rich-as-fuck', next day you cannot find 10 bitcoins to your name. So, what is it...or rather which version of "reality" you are currently on? All complete bullshit.
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JayJuanGee
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June 23, 2021, 04:15:49 AM |
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[edited out]
Last time I used bots for rebalancing successfully it was ~280% profit in two weeks, granted, at that time Bitcoin was swinging a lot more than now and some exchanges allowed pending orders without allocating funds until triggered. In my opinion, there are several benefits of using bots; works a lot faster than a human, removes emotion from the trade, moves your strategy from making individual trades to tuning the rebalancing scheme. Fully aware that this probably means I'm a bad trader, but good at programming, so there you go. I agree with several of the points you are making, and thanks for the tips. At this very moment it looks way too flat for rebalancing, need bigger fluctuations on an hourly basis. Your response shows that we are talking about two different things. You really seem to be talking about using bots for trading, which surely is beyond my skillset or even my desired things that I would like to learn. Does sound like a potentially good way of making good returns, so long as you are good at programing, like you said, and you have some parameters that you want to set that will likely work well without the bot going beserk on you... but of course, if you either limit the wallet balance within the hands of the bot and/or make sure that you are not setting parameters in a way that you are not going to get drained.. then you may well have to give a lesson on that here for peeps who might be interested in doing something like that.. at least in the event that you don't want to give away too many trade secrets, either. bitcoin IS money..stop making a straw men out of your zeroes and ones. Where are the beloved ratts, damn it? Deleted?
Look at you. Responding to a peep (or bot) that you are supposedly ignoring. Pathetic. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Btw, one day you are 'rich-as-fuck', next day you cannot find 10 bitcoins to your name. So, what is it...or rather which version of "reality" you are currently on?
Depends on the point that I am wanting to make. And, what's your point exactly? Are you suggesting that this peep is inconsistent? That could not be. Let it NOT be so. I insist!!!!!!
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Biodom
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June 23, 2021, 04:41:02 AM |
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You admitted to being a congenital liar or a fake buffoon. It figures.
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Gyrsur
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Bitcoin Legal Tender Countries: 2 of 206
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June 23, 2021, 04:55:05 AM |
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I bought 1100 $BTC in the past few days. Will keep buying more. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FzSPZpv2%2FE4e-IA82-Uc-AAGCmz.jpg&t=665&c=SsVxtgByIcb7zw)
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 23, 2021, 05:01:26 AM |
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xhomerx10
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June 23, 2021, 05:08:09 AM |
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Bitcoin in July ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fthumbs.gfycat.com%2FBriefWhimsicalHarvestmouse-max-1mb.gif&t=665&c=_QOHd-hdBSk-mQ) Well no I should hope not ofc. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FGKyo0oU.gif&t=665&c=q5jSCIy-F9aAWA)
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modrobert
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-"When the going gets weird, the weird turn pro."
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June 23, 2021, 05:08:25 AM Last edit: June 23, 2021, 05:24:02 AM by modrobert Merited by vapourminer (1), JayJuanGee (1) |
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Your response shows that we are talking about two different things.
You really seem to be talking about using bots for trading, which surely is beyond my skillset or even my desired things that I would like to learn.
Does sound like a potentially good way of making good returns, so long as you are good at programing, like you said, and you have some parameters that you want to set that will likely work well without the bot going beserk on you... but of course, if you either limit the wallet balance within the hands of the bot and/or make sure that you are not setting parameters in a way that you are not going to get drained.. then you may well have to give a lesson on that here for peeps who might be interested in doing something like that.. at least in the event that you don't want to give away too many trade secrets, either.
The first bot I used with some minor modifications was this one by prof7bit written in Python: https://bitcointalk.org/index.php?topic=181584.0Later used one in Java for BTC-e (now defunct, another destroyed exchange). I would most likely port the old Python one (see link) to support the Binance API, but we will see, not going to bother unless we see some volatility/oscillation action.
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