How i made 4 BTC on poloniex
So in 1st of march i deposited 1BTC on poloniex and what i did is,I spent 0.01 on each coin on polo,yes i bought the whole market and never checked the account untill yesterday and was happy with the results, for example if this was a horse race, i would bet all the horses in that way i know am going to win.So coins that become big winners will compensate the big losers and the difference is profit,cryptocurrency is way too easy and predictable so by buying every coin you making sure that every wave that goes up you're there. If you can do this on your trading winning is given. So simple hey,why did'nt i thought of that,thats you saying that after losing thousands of $.
Cheers please comment at the bottom.
Excelente propuesta @mareko
I have thought of doing something similar. I would be cautious on making any definitive conclusions based on a small sample size. Since March 1st Bitcoin has gained over 60% and reached all time highs. This has lead to more publicity and more people moving from fiat currency into bitcoin. Also a lot more seasoned cryptocurrency owners have used the rise in Bitcoin to move into other altcoins to take advantage in the Bitcoin rise. Cryptocurrency as whole has benefited from the inflow of additional fiat into Bitcoin. I do expect that Bitcoin and many other cryptocurrencyies will continue an upward trend. But say some kind of incident happens to Bitcoin, like say Mt. Gox . What would happen to Bitocoin and other cryptocurrencies then? How many people will flee Bitcoin and other cryptocurrencies back to fiat? How many of those people that did would trust Bitcoin and cryptocurrencyies in the future?