Using Arbitrage to predict the future while trading cryptocurrencies is an art, this video shows you exactly how you can use arbitrage to basically know exactly where the market is headed next.
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BTC: 1AiJEK6sKCfLcmitRG6ujCvhHuLsczQor
LTC: LVSVuyYV3bwtTCMJs4ddpRtgs6tz1yTvsu
ETH: 0x733ca59CDDBD37C628aA140620eD3171c53604fB
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Gotta watch the fees but in general it is truly amazing how the arbitrage in prices between different exchanges can be utilized for profit. Then again, we should all be HODLers right? :)
Man, if you have a tool then use it. I understand HODLing lol, but when you buy in at the top you could be waiting a year or more :) Simply using arbitrage will let you at least buy the dips
Sure thing I'm with you. To be honest I use Elliot Wave theory on most cryptos and it works like a charm given some rational considerations.
My crayon drawing for BTC, mind you 3 of 3 (I think it'll turn out as one) could happen before June so the it's not scaled to time but you get the idea...
Yes, Elliot wave is my go to guide. It's still easy to get caught in the FOMO or whatever but I tend to lose a little here and there by forgetting to read all indicators. I'm getting better now, but what a learning curve
You can ease the FOMO in that you make a plan to put down an investment amount that you just leave in the market and a trading amount that you use to move in and out of positions. But yeah it's lots of learning and I'm no professional either. I just truly believe that this is going to happen based on the market, the signals, the momentum, buying pressure going up and the move out of the beginner/innovator stage into the early adopters...
Godspeed!
hey so nice I really like your post! Thanks for it! I actually wrote my 2nd part of my introduceyouself and I write about that I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? Maybe you upvote me and follow me swell as I do? https://steemit.com/counterfeit/@mykarma/2-jail-review-counterfeit-euro-speeeeending-time