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Messages - Nicnicy

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hi magictrade,

do not worry this is the nature of the Bitcoin versus Altcoins and Fiat

When the price of BTC (XBT) rises then Fiat and Alts lower in price
The Amounts You have on Your balances remain the same, the value of the alts decreases.

This is a good thing as that is why we trade.

but whatif I am holding bags (balances in altcoins) ?
You can:  - sell as soon as possible while still break even or minimum loss
                - wait till prices rise again
                - lend out the alt for %
                - arbitrage hop to other markets like ETH XMR USDT
                - buy more alts and see it as an opportunity to be able to buy more for less of the 
                  coin you believe will rise again after the dust has settled  and
                  people stop panicking


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Love You brother

The gunbot is very important to me,
I am working and testing daily with her(them) using different settings folders, accounts and setups

funny thing is i love the 1000trades & firing up bat files

3
Technical Support & Development / Re: For bagholders only
« on: April 10, 2017, 08:18:54 PM »


wel I have done it

I sold my bag ETH 0.19102735 (BTC_ETH) over to ETH_ETC 3.12376692 ETC then sold back over BTC_ETC
-> 2 hops, only if the present btc value > coinhop1 AND btcvalue coinhop1 > coinhop2, to get the outcome higherbtc when, coinhop2 is sold back to BTCcoin - I did this manual seeking in a quick timespan any 2 coins in an otherthenbtc market that uptrend in btcvalue (all values in polo are validated in btc)

The inbetween uptrading increased the amount of btc (not talking about the value of btc here!).



works only if you can find a higher 3way trade to get back home
- a negative is Polo book does not understand what i have done, I did not closed the book clean - it is not like accounting where you write a journal entry to close multiple ledger, polo only keeps buys and sells together from 1 pair.


In my mind I am trading with a jar of colored marbles
at the end of the day I only count how many green marbles I have
I keep hold of how many marbles i have in my btc balance
 the other colors are just looking pretty in the jar on other balances.


If my view on the world would change tomorrow, and I developed a fetish for
blue and red marbles next to my green, then my strategy of how I trade would change.


Adapting love for more marbles would increase my frequency for hitting a success buy.
In the end I am exchanging all eventually into EURO (I am Dutch and live and spend in the Netherlands)  so the ULTIMATE trade would be the time when  my dollar cryptocard hits the ATM machine to convert to Euro cash to buy our groceries.

The real dynamic is between  USD/EUR/JPY  -  BTC   -  ETH/ETC/XMR  -  ALTCOINS

at this moment we collect BTC amount to index and relate to other
we should have an automatic chart reader to collect all data to measure the shortest/most profitable hops.
Mind You that this "bagholding" is also on purpose created by the market, that was the start of this discussion and on how to think up strategies to get out under this condition.
when the buy and sell signal is kept on a level on purpose You do not gain
by buying into a coin with btc when the btc value is less then you can sell the coin for at a profit. - and you are not selling back to btc so You are kept hostage until you surrender because you feeling psychological uncomfortable loosing out on other opportunities and this of course was the whole joke to squeeze the coins out of you.

what can you do
1 surrender - take loss fast and move on fast to do better more often
2 wait  - what goes down will come up so keep sell order
3 wait and fund fresh btc making other trades
4 move alt balance to lending stick minimum 2days agains x% (official not your money at that point)
5 sell at a psychological round number (does not work with robotpumpers)
6 hop via possible other market pair then back to BTC


any other suggestions ?
I have suggested a hailgun strategy



 
Nic.







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