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Showing 12 of 12 results by marcus_ee
Post
Topic
Board Mining speculation
Re: Historical bitcoin mining ROI
by
marcus_ee
on 07/08/2014, 18:32:57 UTC
Post
Topic
Board Trading Discussion
Re: Arbitrage Bots
by
marcus_ee
on 27/07/2014, 15:10:26 UTC
Don't even try arbitrage at this time. There are many threads proving as to why this is a sucker's game now.

Small profits are still possible, of course not double digit % per month as it was before!
Post
Topic
Board Trading Discussion
Re: Arbitrage Bots
by
marcus_ee
on 27/07/2014, 14:41:18 UTC
i should have been more specific
im talking about arbitrageing bots for Alt currencies

I know good arbitrage bots, but they all are proprietary.

Hint: Use bots that they use at ordinary stock / derivative exchanges!
Post
Topic
Board Marketplace
Re: Would anyone be willing to partner up?
by
marcus_ee
on 23/07/2014, 22:36:39 UTC
Just a question, would anyone be willing to partner up on a bitcoin-related website? Can be an exchange, and etc. I'd be able to put in funds and my time, but I need someone willing to do it as well. Contact me or post on this thread for more information!

Do you have a teaser or a feasible business plan?

Advice: Post it here to attract more attention from possible investors!
Post
Topic
Board Marketplace
Re: Investing with BITCOIN
by
marcus_ee
on 23/07/2014, 21:54:28 UTC
Holding is the best strategy, doing anything to it might cause it to shrink..

Nope! It's too volatile for an average investor.

It's better use hedge fund strategies with bitcoin, such as futures arbitrage and others

You can make 50-70% APR even if bitcoin price shrinks during that time
It is complicated strategy which it is hard for us without knowledge and experience to operate based on! We want the simple practice and save return.

Well, I think that depends on your risk tolerance.

I've invested a lump sum of money in a cryptocurrency related assets and my risk tolerance is far below average bitcoin trader.

For example loosing 30% of total portfolio value is absolutely unacceptable for me
Post
Topic
Board Marketplace
Re: Investing with BITCOIN
by
marcus_ee
on 23/07/2014, 21:44:34 UTC
Investing bitcoin is really risky!
You should hold ot for some times, it's the best thing you can do!


Buy&hold bitcoins is risky, but it's possible to use strategies that dramatically reduce volatility and you will still have double digit returns

Strategy #1. Multi-crypto currency portfolio. It will reduce volatility many times in comparison to 1 asset portfolio
Strategy #2. Hedging with deriviatives

I manage a portfolio of crypto assets that has current yield about 30-50% APR and very little volatility in comparison to bitcoin buy&hold

Is your 30%-50% annual rate measured in USD? And how much has bitcoin price risen during that period?  Huh

Since december it declined 30%, so I beat market for 80% - not bad for a long term strategy
Post
Topic
Board Mining speculation
Topic OP
Historical bitcoin mining ROI
by
marcus_ee
on 23/07/2014, 21:37:22 UTC
Guys,

Could you tell me if you have seen any charts or reports with historical mining returns (ROI)?

I'm interested in comparing it with numbers that I had in the past

Your help will be greatly appreciated

Post
Topic
Board Trading Discussion
Re: btc is a currency?do u used btc buy anything?and why?
by
marcus_ee
on 18/07/2014, 21:19:45 UTC
i dont think btc is a currency
btc is more like a bulk commodity
i used btc for 3 years 
but  i  never used it to buy anyhing
always trading btc

I agree, the price is too volatile to use it as a currency: keep you savings, take loans or use it for daily spendings

Post
Topic
Board Trading Discussion
Re: Which bots are being used on Bittrex?
by
marcus_ee
on 18/07/2014, 21:12:49 UTC
Most bots are proprietary, there isn't a generic list.

I agree. Anyway even if it's generic you have to rewrite some code to connect the bot to API of exchanges that you need
Post
Topic
Board Trading Discussion
Re: Does any trading bots support bitfinex, lakebtc and btc-e?
by
marcus_ee
on 18/07/2014, 21:05:08 UTC
There is no easy money. If such bot exists, it won't be cheap.

If you already have your own trading software you can connect it to a new exchange for a couple of days.

Most of exchanges have their own API, like btc-e.com

https://support.btc-e.com/index.php?/Knowledgebase/Article/View/212/0/api-trade
Post
Topic
Board Marketplace
Re: Investing with BITCOIN
by
marcus_ee
on 14/07/2014, 22:44:32 UTC
Investing bitcoin is really risky!
You should hold ot for some times, it's the best thing you can do!


Buy&hold bitcoins is risky, but it's possible to use strategies that dramatically reduce volatility and you will still have double digit returns

Strategy #1. Multi-crypto currency portfolio. It will reduce volatility many times in comparison to 1 asset portfolio
Strategy #2. Hedging with deriviatives

I manage a portfolio of crypto assets that has current yield about 30-50% APR and very little volatility in comparison to bitcoin buy&hold



Post
Topic
Board Marketplace
Re: Investing with BITCOIN
by
marcus_ee
on 14/07/2014, 22:33:45 UTC
Holding is the best strategy, doing anything to it might cause it to shrink..

Nope! It's too volatile for an average investor.

It's better use hedge fund strategies with bitcoin, such as futures arbitrage and others

You can make 50-70% APR even if bitcoin price shrinks during that time