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Showing 19 of 19 results by yeethealts
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Board Exchanges
Re: Cobinhood shutting down
by
yeethealts
on 16/01/2020, 19:59:49 UTC
I read the many facts on Twitter about the misunderstanding among the CobinHood investors and everything has started after this point. The lack of support and delayed withdrawals brought the end of the journey. I am worried about the user data and the sent documents for KYC. Is there such possibility they can use these documents for shady places?

They could, but I'm going to assume the former employees want to get more jobs in crypto so I dont thinkthey would further ruin their reputation by doing something like that.
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Board Trading Discussion
Re: Top 5 Ways to Earn Crypto While You Sleep
by
yeethealts
on 13/01/2020, 22:12:11 UTC
I would not advertise trading bots as an easy way to earn crypto while you sleep...

A great trading bot requires maintenance and for you to understand basic trading principles in order capitalize on targeted market conditions.

Trading products or services advertising guaranteed returns is more likely than not a scam.

The hard truth is that I would avoid automated trading for nontechnical users looking for an easy way to earn crypto.
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Topic
Board Exchanges
Re: Cobinhood shutting down
by
yeethealts
on 11/01/2020, 07:25:03 UTC
Yes, you read the title right so don't deposit anymore there. Withdrawal will commence one month from now, on February.

Read the tweet --> https://twitter.com/COBINHOOD/status/1215558951778996225

this makes sense now... i was trading with cobinhood a while ago and the trading software i was using dropped support for them. so i moved on a while ago. had to dig for their tweet https://twitter.com/Haasonline1/status/1132084848242200578
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Topic
Board Exchanges
Re: Deribit moving to panama and adding KYC due to regulation
by
yeethealts
on 11/01/2020, 00:17:51 UTC
at present almost all exchanges ask for kyc verification, I don't really like Kyc verification, but the circumstances sometimes force, if not verifying kyc then the funds will be frozen, By the way, I rarely hear about deribit exchanges, what are the advantages of deribits compared to other exchanges ?

they are a direcy competitor to bitmex, have a solid infrastructure, and didn't require kyc/aml. anyone who uses bitmex knows about services going down during traffic spikes, which deribit corrected (for the most part).


Based on Bybit's history and their open interest vs. volume ratio, I suspect Deribit's volume/liquidity are more reliably real. I don't trust Bybit's reported volume numbers or market depth.

i tend to agree with you on this.
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Board Trading Discussion
Re: Deribit moving to panama and adding KYC due to regulation
by
yeethealts
on 10/01/2020, 19:35:44 UTC
it seems that way, makes it really hard for new exchanges to establishs themselves and get a foothold in a market before they're forced by regulations to close or comply.

i guess a by-product might be that hydra effect where once they shutdown, they just respawn under a new holding company in a new location without aml/kyc..
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Topic
Board Trading Discussion
Re: Easy way to accumulate BTC while still Hodling.
by
yeethealts
on 10/01/2020, 19:12:51 UTC
depends on your total order size... just fill orders slowly so that u don't impact the orderbook too much while you're accumulating at your target prices.

there's even trading software out there that will buy/sell and accumulate your positions automatically.
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Topic
Board Trading Discussion
Deribit moving to panama and adding KYC due to regulation
by
yeethealts
on 10/01/2020, 18:49:54 UTC
i like deribit because they've been a solid bitmex competitor. the move is good for the company because it protects them from the overbearing EU regulations, however i think that adding KYC will hurt their growth  Undecided

it's not that kyc is inheritently bad, but adds another barrier from users that add liquidity to their markets. curious as to what others think about the rise in aml/kyc trends...

press release https://blog.deribit.com/technology/deribit-moving-to-panama-kyc-february-2020/
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Topic
Board Service Announcements
Re: Looking for research based side-gigs
by
yeethealts
on 09/01/2020, 23:26:15 UTC
Do you have any examples with attribution to you or an online portfolio we can review?
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Topic
Board Trading Discussion
Re: Bot trading domination: Time to panic?
by
yeethealts
on 09/01/2020, 23:15:44 UTC
Bots have dominated Wall Street for years now and I wouldn't call most of Wall Street manipulated or out of control. There's still plenty of retail traders on the NYSE and other exchanges. More bots brings more competition and liquidity across the market as a whole, I'd say that's a good thing.

There is that one time (in 2010) where HFT issues that caused a flash crash -- but this was malicious and not natural.
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Topic
Board Trading Discussion
Re: How to Arbitrage Time for Cryptocurrency
by
yeethealts
on 09/01/2020, 20:55:11 UTC
arbitraging these days is hard to be profitable due to exchange trade & withdraw fees, settlement times, volatility, and so on.

i especially dont think daily rebalancing of my "portfolio" with your bot and incurring more exchange fees will improve my position.

I appreciate you sharing! We performed a number of studies comparing rebalancing to hodling and we found some interesting results. I would encourage you to check them out and let me know what you think!

How Often to Rebalancing Your Crypto Portfolio

Happy to answer any questions about the study!

These results are unrealistic. you're basing performance exclusively on backtesting, which uses historical data instead of real-time trading data. The daily close price is much different that what actually went on intraday... Your data doesn't seem to include trading fees either... if rebalancing hourly was profitable, then we'd see the big funds like coinbase index fund or bloomberg crypto index doing similar.
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Board Trading Discussion
Re: How to Arbitrage Time for Cryptocurrency
by
yeethealts
on 08/01/2020, 23:40:44 UTC
arbitraging these days is hard to be profitable due to exchange trade & withdraw fees, settlement times, volatility, and so on.

i especially dont think daily rebalancing of my "portfolio" with your bot and incurring more exchange fees will improve my position.
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Topic
Board Service Discussion
Re: BitcoinTrade.icu Making Trading WEB
by
yeethealts
on 07/01/2020, 00:52:24 UTC
My question is we bought thiis domain to make web like iqoption or  olymptrade but have no idea how to start with can any one get enter and complete the web task. We are good in advertising evan have Gogle ad agency with us and broker sites are allowed to run ads. Evan have few more sources where we have organic traffic form our own old websites. Just need a suggestion or help to complete  this thing.

if you're good at marketing and don't want to maintain a product just become an affiliate for a trading service like haasonline and they will pay you in bitcoin for every referrals. use your domain to drive the traffic to the site.
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Topic
Board Service Discussion
Re: ⚙️ Cryptocurrency Trading Bot "ARBI" Tutorial ⚙️
by
yeethealts
on 04/01/2020, 21:38:31 UTC
Can you please upload a video of a walk through the BOT or if anyone has done it before share it here?
Apparently the website is down due to the expired domain name (thearbibot.com). Is this bot reliable?
The reason I'm asking is to see the user interface and options that can be changed based on user needs.
Thanks

yeah, would be nice to know which bot they're refering to and see how it compares against other crypto trading bots  Undecided
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Topic
Board Trading Discussion
Re: So I created a Trading bot and it's doing 8% a month
by
yeethealts
on 03/01/2020, 23:15:29 UTC
No, I already lost the enthusiasm I had at the beginning. I will run it myself and scale it with friends and family. Please don't register anymore, I am not going to answer any more questions, this is not what I expected.

Have a great day and happy trading everyone

Good luck establishing yourself with that poor mentality... I will continue to use established companies like haasbot or gunbot that don't require deposits and offer actual transparency.

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Board Trading Discussion
Re: Trading Tips for Traders here
by
yeethealts
on 31/12/2019, 01:14:17 UTC
  • be consistent and stick to a trading strategy that has a higher probabilty of succeeding
  • dont risk more than 2% of your risk capital
  • continue learning
  • don't get greedy
  • as you become more proficient, use advanced tools to improve efficency with t/a and trading like a crypto trading bot or crypto charting screener
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Board Service Discussion
Re: Is there something simple like Stripe but for crypto payments?
by
yeethealts
on 30/12/2019, 21:40:28 UTC
all of them have pros and cons. you could even wordpress plugins like cryptowoo.

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Topic
Board Trading Discussion
Re: Trading bots = TradingView alerts + Wunderbit Trading
by
yeethealts
on 30/12/2019, 03:32:04 UTC
Join the profitable side of the force.

Along the top events of 2020 – Tokyo Summer Olympics, Euro Football tournament and ICC World T20 Cricket tournament, Wunderbit Trading is launching its bot trading service in January 2020. The service is connecting the TradingView platform with Wunderbit trading features and this combination allows you to create, backtest, and execute trading bots on top crypto exchanges – Binance and Kraken.

How it Works

TradingView provides its customers with tools that allow to create fully customisable strategies. On top of that, these strategies could be backtested on historical data that is available and users can clearly see the performance of the strategy. It is also possible to create alert notifications for the strategy (i.e.: when the strategy is opening or closing).

However, TradingView does not support trading through their platform and this is where Wunderbit trading comes in. Wunderbit trading is a platform that is built on top of the exchanges and facilitate trading on them through API. Customers can predefine their strategies which will be automatically executed when the criteria are met.

With introduction of Bot Trading at Wunderbit Trading platform, you can use your TradingView alerts as triggers for your strategies, which will be automatically executed. Thus, as a trader, you can create any strategy that you want, backtest it and launch into action without limitations and it will be working 24/7.


This is nothing new. the haasbot and gunbot have been doing this for years already...
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Topic
Board Trading Discussion
Re: What trading bots are you using to manage your portfolio?
by
yeethealts
on 30/12/2019, 03:21:17 UTC
OP is actually promoting his own blog traffic by posting here.

If you ask me, I manage my portfolio myself and I dont trust some line of code to run my money. Moreover there are risks associated with closed source bots, but open source ones are safer.

Just for those who are reading this topic, know that a bot only automates your trade. It does not give automatic profit. If you do TA on your own and Fundamental analysis, you should place trades yourself and that too with a long term goal. Day trading is never recommended which is what these bots mainly aim at.

i some what agree with this. reliability with them is an issue im too concerned with... im guessing the OP company acutally profits off you trading more frequently as well as selling your trading data.
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Topic
Board Trading Discussion
Re: So I created a Trading bot and it's doing 8% a month
by
yeethealts
on 30/12/2019, 03:09:47 UTC
It's looks fishy, I can't see anything else about the bot other than log in page on the website. OP said he found an open source bot, which open source bot? Why open source bot can give a profit? Where's the proof?


Also, $50 to start testing is quiet high in general. Lower it so more people might be interested to try the 'bot'.

I will not give a money even a penny. Anything smell fishy turn into scam Roll Eyes

definitely sounds bitconnect-ish.