RE: Bitcoin at all time highs, whats gonna happen? and let's look at Small Account Building trades
Hi there, Luc!
If other people are interested in building small accounts, i can tell them my story.
I saw your videos and switched to position trading first. Secondly, you released the marketscanner and i saw that most of the alerts are coming from Hitbtc, so i got an account there and sent 0.1 btc and 3 eth there. (around 1000 $ 3 weeks ago)
I started watching for scanner and made some beautiful trades. I made from 1000$ about 5k in 3 weeks! That's just insane, i got less from position trading than i got there.
The most beautiful trades:
I caught massive sell on etherium classic, price went all down to 0.00081000, i saw this on scanner, revised market depth and placed an order of 0.1 btc at 0.00081100. I got order filled, so i just transfered them to bittrex and sold. It was x4 profit with high volume coin. (you can even check history on HITBTC, it was an august 15) (i have screenshots as well).
Another beautiful trade - I got in BET coin 5 times and received about 5 etherium of profits, with trading only about 1 eth every position. It's just insane, all you need to do - is watch for market scanner and wait, check coins and trade.
Last but not least, I made incredible arbitrage profit on DDF, it flashed on HITBTC and i checked that it's also tradable on cryptopia, i bought in, sent tokens there and made x5 profits as well.
Thank you for such an incredible chance!
I had a similar experience when I first opened the HitBTC account.. I just sent over $10,000 worth of BTC and figured I would give the exchange a try and see how the orders executed and if there were any bugs in their trading platform... but in a few weeks my account was at $15,000 without barely trying.. It's very easy to find those Small Account Building trades on HitBTC
I've checked HitBTC out before, but didn't see any way to be notified when a trade is executed. Since they don't integrate well with Coinigy, I'm hoping there's some way this is possible. Do you have a way to be notified when a buy goes off?
This takes an extra step, but yeah, I put all my orders as alerts in Coinigy.. and then when an alert goes off (a price point is hit) then I know that I excuted a HitBTC trade.. thats the only way I have found...
Makes perfect sense. Thanks Luc!
Just signed up for HitBTC now... but having problems with Coinigy. I can connect my account with the API, but I cannot enable trading? Do you know why? Do you need to be verified first by sending all of your docs to the company? Also, it looks like in order to trade in USD, you need to be qualified by verifying all of your personal info (which seems to be a major process).
Do you have any recommendations on this or how to make this easier? IS there an easier way? Thanks!
A while ago I asked this question to Coinigy support, this was the answer:
Trading on HitBTC isn't supported right now but we do support charting and balance tracking with your account.
Check this following link to see what exchanges we have integrated and to what extent they're integrated: https://www.coinigy.com/bitcoin-exchanges/
Thanks a lot Selsrog. I'll check that out! Appreciate the response.
Hey @quickfingersluc ... do you think Cryptopia is equally as good for finding good account builder coins/trades? I ask because Cryptopia works better with Coinigy than Hitbtc.
I use Cryptopia too .. but I find alot more trades at HitBTC.. but yeah, its annoying to have to work around Coinigy
it seems you made huge profits from arbitrage twice, i didn't even consider to check that deep. There are many ways to trade and it can be overwhelming.
sometimes the opportunity for arbitaging coins is just a quick stint and by the time the transfer goes through, it may be too late. this is speaking from medium sized altcoins such as ltc or etc. there may be opportunities for other smaller altcoins, but not all can transfer from one exchange to another. but if you ask me, theres definitely some nice opportunities.
ETC wasn't arbitrage, it was a flash sell on hitbtc (3 times in every 15 mins in a row). I just knew that buy volume on hitbtc isn't enough to quickly get out of position, as i need bitcoins to trade, that's why i sent them to bittrex and sold immediately .
For low volume coins arbitrage works nice, but you need to be careful.
ahhhhhh, i didn't completely read the bottom of your post. man, that's some good work.
I have been trying for weeks to open an account with HitBTC but the confirmations emails dont work and the contact email bounces... :(
Perhaps you can try sending them an e-mail mentioning that u want to put in $XX,XXX sum of dollars. I heard someone did that with other exchanges and miraculously gained access.
try to reach them in twitter
Does hitbtc work great with coinigy?
Nope - you can only view charts on Coinigy. Have to do all your trading over on their website.
Hi @feleks, thanks for sharing. May I know which particular scanner are you using because there are several of them announced recently.
awesome
Smooth moves @feleks , I'd love to see your screen shots.
Also, what is wrong with this screenshot?
How can the price go up on a sell off. One red line down, followed by a red line up?
The candle is red when the price at the beginning of the interval is higher than the time at the end of the interval. So, for example, if it is a 1-hour chart (where each candle represents one hour) and there was a spike in price at 10:00, than it goes back down immediately after, it would be shown as a red candle, because the opening price for that hour is higher. You might be able to better understand what happened if you look at smaller resolution (but this could happen even on the 1-minute chart, for the same reason).
Hey @feleks That's awesome man! Quick question... when picking your trades on the scanner...are you adhering to quickfingerlucs cracking support rules, or just buying dips based on the scanner (common sense first of course)? I ask because it's not often that I see the scanner coincide with lucs general rules. Also... have you pretty much exclusivly used Hitbtc, or have you traded at all on Cryptopia (which also has a lot of obscure low cap coins). I ask because Cryptopia works a lot better with Coinigy, and seems to have a fair amount of activity on the scanner. I personally haven't done a single trade using the scanner, but your post has me looking to revisit. Thanks in advance for any other info you might care to share.