Hello, nothing fancy but I'd like to mention a strategy that's been working for me lately. With all the buzz around crypto and coinbase there has been massive demand for coins offered on coinbase.
A pattern I noticed is that there is sell side action, but the demand is overwhelming and causing the price spike.
Another pattern I noticed is that whilst gdax/coinbase are down the price dips, as the veterans have been locking in profit and the new gen buyers cannot buy.
So what I've been doing is monitoring gdax, if it goes down and eth or ltc or even btc(not so much with btc) are not tradable, I'll wait a bit and buy some ltc say every 30-60 minutes that coinbase is down.
You don't know when it will come back up, so going all in at a certain time can risky, so I like buying in waves.
It's something that's proven lucrative for me recently and something you may want to take a peek at.
Obviously you'd need to have btc/eth sitting on another exchange like Trex/binance to capitalize on this... As a side note
-best
nice post @ant884
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Thanks friend
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Fighting Litecoin~!!
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Makes sense. If their not moving it could be deemed as lost value and an opportunity for you. LOL
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Yeah I'm not exactly sure the reason lol, just something I've noticed with the price action.
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Thanks for posting. Good info !
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@originalworks
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The @OriginalWorks bot has determined this post by @ant884 to be original material and upvoted(1.5%) it!
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Thanks for the ideas
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