Crypto Ratios BTC/ETH/LTC

[t00nces22]

Hello, I have been a member a long time but have not visited in perhaps as long. I have held on through the whole time and have been a bit surprised by the run up, but then again, not really. I am a member of the Kitco precious metals board and have been quite active there. Crypto has been basically a buy and hold and cross my fingers type of gamble investment... Seems to be paying off somewhat now... I guess we'll see. I am all positive as I bought in with a sum total of maybe 2K and about the last time I was on, at BTC 15K, I pulled 4k out from BTC and ETH and LTC and bought new appliances for my kitchen, and am still left with a significant balance of all three (I guess it would be a pittance to many, but Hey)

Now for the question.... I know PM's have a ratio of trade points where regardless of price, it is beneficial to swap one metal for another. Right now, silver is the one to buy. Au/Ag is 72+, Pt/Ag is 41+ (not a bad ratio to swap, but I swapped the Ag I wanted to swap with Pt @ 50/1... I should have waited, but....).  The ratios to swap Ag for Au is in the range of <50 (I think is right, less than fifty is what I want it to mean) and Pt should be the same.

I am curious if there are ratios that are accepted for the trading of BTC/ETH/LTC.... With BTC at 41K, I swapped with LTC hoping that I would either see a drop in BTC or a spike up in LTC which I felt had lagged a bit and was far below its' previous high. If anyone has a line on trade ratios, I would be interested in looking over the numbers and talking about it with you.

Thank you,
t00nces22... Previously t00nces2, but I don't seem to be able to log back into that account.... I wouldn't mind a little help with that too.

[OmegaStarScream]

-snip-
t00nces22... Previously t00nces2, but I don't seem to be able to log back into that account.... I wouldn't mind a little help with that too.

Are you referring to this account? If so and assuming that you still have access to your email, then you can try the following if you haven't already:

Try using the email password reset. Check that the email isn't ending up in your spam folder. If that doesn't work, email recoveries...@bitcointalk.org, ideally from the account's email address. Include your username. A signature will likely be required (see below).

[t00nces22]

Yes. I tried to recover the account and never got an email back. All my stuff I sign up for goes into an AOL account I have had since '95 so newer accounts I pay closer attention to don't get bombarded with a ton of spammer BS

Thank you

[sujonali1819]

Op we are very happy to see you back again after a long period. And I also appreciate that you have started a discussion in this forum about crypto Ratios. It's really good. But I don't like you custom font which is really very annoy. So I will suggest you to use a normal font which is default here. But it's always good to user bold & italic sometimes when we need to highlight a word or line. Please change your font and never use otherwise someone can report it as spam. Thank you and good luck.

[t00nces22]

So, has no one heard about trading crypto ratios? I would think it could be done just as it is done with gold, silver and platinum

[dvdpok]

About the ratio stuff, i'm really interested in that because i do pair trading with Argentinian sovereign debt bonds (very volatile because we default debt very frecuently, but the different bonds are very correlated) and with the ratio trading between different types of bonds you can earn more bonds and in this way amortize the original investment and come out winning even in the event of default.

I was try to see that correlation in GOLD/SILVER and it exist in short term (the last days the price move between 72 and 73.5). But if you see in the long run it's risky (in March 2020 the ratio walked around 118).

About the Crypto Ratio i was try to see the BTC/ETH correlation and i can't find any stationary range. It looks impossible. Could you?

[t00nces22]

Sorry, I got almost no interest in this post and just haven't bothered to check regularly back in, but yes, I have found a range that may work to trade in. I have only been tracking a little more than a month, and there have been some big moves, but I did manage to trade up. I will probably do another swap when the ratio opportunity presents itself again. Over the past month, the B/L ratio moved from a high of 279 to a low of 219... That is a 30% return.

Now, it looks like Coinbase charged me $110 to do the swap. Does anyone have any info on wallets that have a smaller convert charge?

[dvdpok]

I you check that page https://cryptowat.ch/correlations you can see that the most correlated pair is BCH/LTC ver high correlated, ideal for statistical arbitrage.

[checkmatesir]

I mostly prefer etherium as it give me more profit from the previous some time because whenever it was in $1900 i start trading with that coin and now it is already up 3k and it is a good start for me as well because it can give me more profit in the future if i hold it.

[dvdpok]

I mostly prefer etherium as it give me more profit from the previous some time because whenever it was in $1900 i start trading with that coin and now it is already up 3k and it is a good start for me as well because it can give me more profit in the future if i hold it.

That is an invesment, and it's okay. But trading is another thing, it's about to try to win extra money with your invesment.
There is no way to guess the future value of an asset, but with trading you can make money for a living or for increase the invesment (either to earn more money or to offset losses if the asset is depreciated).
Pair trading is a low risk trading strategy and you can do that with futures using your invested eth as collateral of trading.

[doomloop]

There is no way to guess the future value of an asset, but with trading you can make money for a living or for increase the invesment (either to earn more money or to offset losses if the asset is depreciated).

I was going to say that him selling the bitcoin for another cryptocurrency wouldn’t be of no need, then I noticed that this post created on January, so that’s a long time now. Anyways, compared to that $41k that the op Hodl’ed at, bitcoin is now $47k, that’s a really huge difference, if he kept on with the Hodl, then it wouldn’t have been a bad choice by now.

Litecoin and Ethereum are both good as well, although I have not been following up with Litecoin lately, only Ethereum because I invested in it. So, I can say that Ethereum would also be a good coin if he wants to switch to any.

[killerman2]

If we are talking about investment then it depends upon the trader own choice and its wealth as well as how can he manage it, but if we talked about trading, then something is different like we can't say and we don't have 100% information about the coins, we can only predict and predictions doesn't means it will done 100%.