Tag Archives: trading

So BTC is up – What’s your move ?

It seems like a great week for cryptos and at this current point of time of this writing, BTCs seems to be on its bull run.

Its great and all however what have you done to take advantage of markets like this ? Or in actual fact, what have you done ?

Normally to prep and maximize on BULL runs are to tame the BEAR markets and did you know over the past 8 – 12 weeks when BTC was just tanking vs the USD there was a very noticeable pattern in trade.

Its normally early of the week markets will dip and start to rise once more towards the weekend. As weeks goes by, the market starts to dip earlier and earlier.

I can’t really explain this as I’m no “trade” expert and will never ever claim to be one . These were the times where many traders were taking advantage of the predictable market trends to grow their BTCs.

One of the chat groups that I’m in pushed their USD100 to close to 10 folds just by riding the waves. The whole idea is not to focus on the $$$ but focus on increasing the volume of your BTCs. So we do lookout for trades vs altcoins as well since the yield can go crazy at times.

Trading is actually fun however there are no shortcuts … you gain on some days and you just need to tank on others. The idea is not to be greedy.

There are so many people currently trading bitcoins and the image above was shared awhile ago .. I’m not 100% sure if the data is still valid however that gives you an idea as to how many people are actually trading cryptos.

Back to the question !

What’s your move ? The price of BTCs are up …. what would you be doing to take advantage of this bull market. Indication states that its pushing for $7500 however i’m anticipating for a slightly higher target.

There are lots of questions in any traders head but most of it sums up to , is this bull run sustainable ?

I do use a tool which keeps me updated with all the happenings and news that goes around 24/7 . You should check it out and see if this app works for you. Here is my link if you are thinking of downloading it. Its one really handy app … https://bi.city/s/Vqtff2

For me, I’ve got my expected price to sell and then dump most of the profits into STEEM where the rest would be reinvested into my daily trades.

What about you ?

Have a great weekend everyone !

STEEM’s SMT Trading Exchange

Over the past few weeks, we’ve heard of initiatives like @steemengine which enables anyone on STEEM to create their own tokens. I think its a great idea and I knew that there were some discussion on using side-chains to create SMT Simple tokens for projects on STEEM.

People like @actifit , @steemhunt and even @magic-dice and who knows perhaps @drugwars will and some already have benefit from having their own token within the STEEM ecosystem.

Recently @steemhunt had signed a MOU ( memorandum of understanding ) stating a collaborative effort to get SMT tokens tradable on DAYBIT exchange

http://bit.ly/2ScUlWx

In all honesty, I only used a number of exchanges and this was the first time hearing about DAYBIT so I decided to dig in more. Even though there is no STEEM / SBD wallet yet , I did try depositing a lil bit of crypto’s in and start to explore this exchange.

At a glance, it looks just like ANY other exchange. And this is the top 5 exchange in Korea ? I did the norm signup and mobile registration. You had to do it to enable the deposits and 2FA.

The uniqueness about this exchange is that this exchange is just uniquely fast ! After reading more about it, its actually developed using a programming language called “Erlang” which is used for high-capacity data … example WhatsApp, LINE and even games like League of Legends.

What really caught my attention was its built in “trade intelligence”. So If you wanted to catch a trade at the top ( almost top ) and then sell .. you can actually set it to do so.

In the screen above I have set my trade to SELL my EOS to USDT after figuring out the TOP and it drops 5%. Now upon writing this , I just placed my order and waiting for it to execute. Hopefully I can report good news in my next article.

So literally you can also set the BUY signal at the bottom. I’ve not tried it out yet, however excited to see how it goes.

So before DAYBIT enables SMT tokens on the exchange, why not you give it a try so that onces SMT is on board you know how to auto trade. To signup, click the link below

https://daybit.page.link/SaF3gBzNda55NaQS7

A little bonus, if do trade on this exchange, you are also able to earn DAY token. Currently trading at $0.03 per token.

So checkout DAYBIT today …. and you must try the auto trade. Do let me know your experience on this exchange if you have used it before.