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RE: What needs to happen to reach $10 STEEM in 2018? (Discussion)
I'm actually thinking of running a bot and trading between stable coins. It would be micro volatility trading. Earning about 0.3% every day. With 0.3% profit, you would triple your money in a year, and nine times it in 2 years. I hope exchanges start adding stable coin pairs. A volatility of 1% could bring you a 40x return in a year.
https://www.binance.com/en/trade/TUSD_USDT
Interesting idea
I think this is a really safe way to invest. It just takes time. Stable coins have remained constant, even throughout the worse market crashes. Unless TUSD or UDST collapses, I think there is very little risk. Usually with altcoins, when the market goes down, people become bag holders for months. If these coins drop by 1%, they will bounce back the next day. All you do is figure out the average low, and the average high, and trade in between. You will lose 0.1% trading fee on the buy and sells. So if you can work within a volatility of 0.5%, you get to keep 0.3%.
When this catches on, and people start to pump and dump, the volatility should increase. If you can find a stable coin pair that fluctuates by 1%, you're golden!
Stable coin pairs are the only pairs, where your usually guaranteed a daily profit, no matter what the market conditions. You're not wasting time, sitting in idle.
Even with 0.3%, If you start with $100 you could get
1st year $300
2nd year $900
3rd year $2700
4th year $8100
5th year $24 300
6th year $72 900
7th year $218 700
8th year $656 100
9th year $1 968 300
10th year $5 904 900
Just do an exponential growth calculation.
http://compoundaily.com