Hi everyone,
I'm getting to know better the market for cryptocurrency trading. In special, I'm really interested in understanding which are the biggest challenges/problems you face when trading. My intention is to study and analyze deeply these problems and evaluate potential solutions that will be valuable for traders, so it would be really great if I could get some feedback from you. So, basically, I have some few main questions but, please, feel free to provide any feedback you may want to.
1) Which cryptocurrencies do you trade?
2) Which exchanges do you usually work on?
3) Which strategies do you use in your trades? Does it involve Arbitrage trading? What's the most difficult part of it?
Nowadays, I prefer to stay with Bitcoin only, small amount of which I still trade primarily at Btc-e. Earlier, I heavily traded dogecoins using arbitrage, and that eventually allowed me to earn around a dozen bitcoins starting with basically nothing, but later I decided to call it a day since it had been heavy on the CNS. Right now, as I said, I trade a fixed part of my Bitcoin stash (in percentages), so that I can always profit from both rises and drops in Bitcoin price. If you are going to use arbitrage yourself, you'd better find or develop a price tracking bot...
That will help you immensely