Meet the penny stocks of Binance BTC market in crypto crash
Who knew there were opportunities during this recent crypto currency crash. Also take note the minimum requirement for a BTC is less than $1 USD after the recent crash. The opportunity is not as great in the ETH market as well. Free trading books https://quantlabs.net/ Learn algo trading https://quantlabs.net/dvd/
Here is a spreadsheet to show which Binance markets have lowest risk (lowest minimum order requirement) with most trading opportunity during this crash. It is quite clear to me it is in BTC and ETH. There are quite a few in both markets with decent liquidity on these pairs. Remember any US dollar crypto (e.g. USDT or Tether) or FIAT can be 10 Tether which is $10 American. That is quite high when there are lower risk opportunities as you will see in this spreadsheet. Note this file is based on an hourly timeframe.
This is continuing from yesterday. I have prepared a download for a proposal letter you might be interested to see. You can even down the application once you understand the requirements. Read and understand this by downloading here Download the letter If you understand, why not download the application here now
During this recent crypto crash, I found a back up way to trade in USDT (Tether) where one of 111 crypto coins can profit. Today it was BSV which over 1% consistently today. Free trading books https://quantlabs.net/ Learn algo trading https://quantlabs.net/dvd/
USDT is easily king here. I also looked at the volumes of the FIAT currencies of Russia Ruble, Turkey Lira, and Nigerai Naira. Those volumes don’t even register but I do see how Binance may use these as a form of backup in largest stablecoin like USDT don’t work out. When I say don’t work out, I mean if there is some legal or registration problem. For example,
I found one to showcase my VERIFIED trading account with CoinTracking.info. This important to prove cryptocurrency trading is worth as compared to other asset classes like forex or stock/equity. It also adds credibility to what i do
AS I can see data in near real time from the Binance Futures market, all coins are traded in USDT also known as Tether. As according to this Cointracking.info screenshot, it might be better to trade the ETH coin for now since it is has been better performance over the last 30 days. I would obviously need to switch it around depending on which coin performs better. For now, it looks like Ether is the easy winner here.
NOTE: The Trading Gods have spoken. it seems you are buying ETH BTC or USDT which means you are shorting. When volatility really kicks in, the trade mentioned above goes against you nor the trading logic will check out. As a result, it is best just to stick with USDT as it is a decent stable coin to minimize the volatility you don’t want. You just need to ensure there is enough volume to get a decent fill in the Binance market unlike other exchanges like Kraken.
I did not even know this existed. The first question is will it replace tradng data scientists humans. The answer is no but we heard that before a this is fairly new technology. If I was in this field, I would be afraid of this technology. This article also covered the results of each cloud solution of Google vs Microsoft Azure. I am sure there will be growth here in the near future.