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post #10001 of 22913
(buying 1M MOON @ 8 and selling less than 6 hrs later for 34)

Ha, you're the guy who got what I was trying to buy.

It's all your fault. Lucky this isn't quite a zero sum game because of the mining.
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post #10002 of 22913
Quote:
Originally Posted by dogbiscuit View Post

(buying 1M MOON @ 8 and selling less than 6 hrs later for 34)

Ha, you're the guy who got what I was trying to buy.

It's all your fault. Lucky this isn't quite a zero sum game because of the mining.

It's definitely not easy and any trades on CoinEx are more closely related to a pull on a slot machine than executing trades on the stock market... but if you put them in early enough, are patient enough, and the site doesn't crash or get DDoS'd during either trade... you can make some good pocket change on there... either that or wind up with pocket lint... I don't think there's really a middle ground possibility on that site personally.

I definitely don't use it as my 'normal' exchange. smile.gif

And yes, thankfully in my case it's all mining... otherwise it would be way too stressful to do so many ALL-IN trades. I even find myself getting stressed out from time to time now until I do a quick mental conversion to fiat and realize that I'm getting all worked up over a couple hundred dollars... that tends to calm me down pretty quickly. lachen.gif
post #10003 of 22913
trading is dead from what ive seen so far today?

everything is nosediving really!
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post #10004 of 22913
What about small microtrades, markets fluctuate on the way down - down a little bit, up a little bit. i tried that but didn't watch out for the transaction fees.
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post #10005 of 22913
Quote:
Originally Posted by dogbiscuit View Post

What about small microtrades, markets fluctuate on the way down - down a little bit, up a little bit. i tried that but didn't watch out for the transaction fees.

That's about all I play... always keeping a decent amount in whatever I think is going to get pumped and staggering my sales at likely profit points on a pump curve... for example this is how I'm playing MOON at the moment (with a whopping .17BTC buy-in @ 25). tongue.gif

post #10006 of 22913
Quote:
Originally Posted by dogbiscuit View Post

What about small microtrades, markets fluctuate on the way down - down a little bit, up a little bit. i tried that but didn't watch out for the transaction fees.

I think I will wait until tonight!

dead as a dodo really?

unless your seeing something im not?
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post #10007 of 22913
Until the volume is less than 10BTC... on these wildly manipulated alt-coins I don't think it's possible to call trading 'dead'. Just claim some good positions, cross your fingers, and go do something else for a few hours. By the time you're positive a pump is on it's already too late to profit much, and by the time you're positive a dump is on - you've likely already lost too much value to get out and buy back at the bottom.

Maybe people have much better luck than I do, but for me when I try that I just wind up paying the exchange or losing money (and paying the exchange on top of the loss). By setting up all of my trades across a spread and queuing them for the time I'm asleep... I don't get in the way of my own profits. Sure I might miss the top 10-15% on a big pump... but I also don't let greed and emotion lead me to do trades that are ill-timed or reckless and take a loss when they blow up in my face. (Which happens at least 80% of the time... I buy = dump immediately, I sell = pump immediately.)

I think unless you have true inside-information from a reliable source of a pump-dump cycle and when it is occurring... better to just make 10-30%/per day on a trade or two than try for 200-300% and lose all or almost all of it to bad timing.

Just my 2cents.gif of course... there are much better traders than I that have much better luck/discipline and thus get better results. But I say if you aren't getting inside tips... 10-30%/day is about 12,000% better than I get from my mutual funds. biggrin.gif
post #10008 of 22913
Damn coinedup still doesnt show me/accept my orders!
I'm trying to trade my meows for doge but its not working sozo.gif
 
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post #10009 of 22913
Still waiting on my first payout from Middlecoin before I can do some trading. Looking forward to that for sure. Or just spending it at TD to get more farming equipment, or just cashing it out to pay for what I've already bought. Decisions, decisions.
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post #10010 of 22913
BTC is way down. Good for mining right now as converting should net more BTC and then hold until the next rise which should come in about a week I would guess.
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