Hi @thetruth36. It's been a while. Have you looked into automatic trading between stable coins?
I thought about volatility trading between to Stable coins. Binance just listed a TUSD to USDT exchange. Because they are stablecoins, they rarely fluctuate by more than a cent. If you had automatic trading software, you could skim off 0.3 to 0.5% gain every day. That's not alot, but I imagine if new stablecoins go on the market, it could be worthwhile. Unless TUSD or USDT collapses, it's impossible to become a bag holder.
If you get 0.03% everyday, you will triple your money in one year, and nine times your money in 2 years.
I appreciate your support. I've started doing this. Binance trading fees are 0.1% for a buy 0.1% for a sell. The daily high today was 1.0170 The daily low was 1.0040. That's a 1.3% difference. 1.3% - 0.2% for the trading fees gets you 1.1%.
I would set it to automatically buy at 1.0035 and sell at 1.0075. You would get a profit of 0.2% a day
That sounds tiny, but if you start with $100, you will have $146 923.38 in 10 years. That's if you can maintain a 0.2% profit for 3650 days. Unlike any altcoins that can tie your money up, this way your always making money.
If you can get your a offline bot, maybe you can set prices points. Every time there is a decent fluctuation, you will profit.
Hi @thetruth36. It's been a while. Have you looked into automatic trading between stable coins?
I thought about volatility trading between to Stable coins. Binance just listed a TUSD to USDT exchange. Because they are stablecoins, they rarely fluctuate by more than a cent. If you had automatic trading software, you could skim off 0.3 to 0.5% gain every day. That's not alot, but I imagine if new stablecoins go on the market, it could be worthwhile. Unless TUSD or USDT collapses, it's impossible to become a bag holder.
If you get 0.03% everyday, you will triple your money in one year, and nine times your money in 2 years.
https://www.binance.com/en/trade/TUSD_USDT
@remotediscovery Great find thank you so much for the comment.
I appreciate your support. I've started doing this. Binance trading fees are 0.1% for a buy 0.1% for a sell. The daily high today was 1.0170 The daily low was 1.0040. That's a 1.3% difference. 1.3% - 0.2% for the trading fees gets you 1.1%.
I would set it to automatically buy at 1.0035 and sell at 1.0075. You would get a profit of 0.2% a day
That sounds tiny, but if you start with $100, you will have $146 923.38 in 10 years. That's if you can maintain a 0.2% profit for 3650 days. Unlike any altcoins that can tie your money up, this way your always making money.
If you can get your a offline bot, maybe you can set prices points. Every time there is a decent fluctuation, you will profit.
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https://cryptocoingrowth.com/calculator
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Thanks For sharing this post
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Congratulations Sir @thetruth36.
Thanks for sharing this post.
Have a good day.
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