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February 15, 2014, 05:31:52 AM |
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After the last two huge crashes, I moved my position back to bit-mining. the market is so heavily manipulated @ cex that its almost impossible to apply any typical trading strategy (besides cost averaging on the way down!). the only thing you have is intuition; the damn trollbox is almost as good of a market indicator as the difficulty change.
been trading commodified scrypt (KS/s) over at bit-mining, caught a nice little dip (flash crash, possible order entry error) to exit at a 42% profit (its weird holding ltc, im a btc purist by experience, not by preference).
And that's good eatin.
they only payout once at night, though, but you get the calculated payout, even if the pool goes down. if you night trade, you have to adjust your strategy a little ( the volume picks up right before/after dividend payout.) not so bad for me, but im a night owl.
I miss my crazy ass cex chatbox though, and the usual denizens (mariaconada, teknik, JDA, aSmallChild, and other peeps)
Come trade with me guys.
~Green
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