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/biz/ - Business & Finance

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18724479 No.18724479 [Reply] [Original]

Do you even look at crypto history? During the last market cycle the satoshi value all time low for 95% of alts happened when bitcoin retested the 2013 ATH on january 2017 because of triangular arbitrage bots that ate up all the ancient liquidity on the books. After that date a huge satoshi bull run began. In the next cycle on the run up between 13k and 20k alts are gonna dump to their complete bottom. This is why you only hold bitcoin and some smaller alts that dont have ancient liquidity on order books or arent on big enough exchanges to be effected by triangular arbitrage.

Dont buy alts until 20k is touched and all the ancient liquidity is gone.

>> No.18724485

>>18724479
dr;n...............*zzzzzzzzzzzzzzzzzzzzzzz*

>> No.18724503

>>18724479
Imagine holding BTC..... KEK

>> No.18724527

>text in the title

Holy boomer

>> No.18724528

>>18724479
yeah, kinda scary right now for alts
BTC.D flashing buy signal

>> No.18724567

that's right Pepe

>> No.18724621

Thanks for caring about my financial future anon. The point is to stack the btc anyway possible. That's why today I'm day trading Steem for 400 to 500 sats profit every few hours.

>> No.18724627

>>18724528
Zoom out degenerate
It was a sell signal hours ago

>> No.18725196

>>18724479
Or buy and hold.
Don't buy the hype.
Rob the registers not the safe.

https://www.fool.com/investing/2017/12/29/3-cryptocurrencies-that-rose-by-more-than-100000-i.aspx

>> No.18725281

But i thought alts pumped even harder when bitcoin pumps during bull runs?

>> No.18725291

Imagine not holding AL DENTE coin

>> No.18725295
File: 642 KB, 688x518, stimpy ol blue nose.png [View same] [iqdb] [saucenao] [google]
18725295

This thread is not al dente enough

>> No.18725300

Yeah but LTC is going to moon

>> No.18725315
File: 15 KB, 290x174, hipster.jpg [View same] [iqdb] [saucenao] [google]
18725315

>>18725291
hipsters are disgusting

>> No.18725324

>>18725300
I hope you're joking anon

>> No.18725424
File: 219 KB, 2322x1278, Screen Shot 2020-04-28 at 2.10.49 pm.png [View same] [iqdb] [saucenao] [google]
18725424

>>18725281
The sats pump happens after btc breaks its previous ATH. The run up to that is a catostrophic satoshi dump because of triangular arbitrage

Go look at the top coins from 2016, 99% of them followed this exact same pattern, reaching their ATL in satoshis on january 2017, the exact date btc finally broke its old ath. Triangular arbitrage patterns are the only objective moves in crypto

https://coinmarketcap.com/historical/20160103/

>> No.18725426

>>18724479
you sound ancient. coins are all in uniswap/kyber

>> No.18725516

>>18725426
uniswap is 200th most volume in the whole crypto space dumb dumb. its like 0.0001% of liquidity

>> No.18725637

>>18724479
>>18725424
Fucking shut up OP.
I've known this since forever, and I've never told a soul, because every market edge that has leaked STOPS WORKING.

Like Quickfingersluc's "return to base" trading strategy, been using that to stack sats on altcoin-BTC pairings, but that stopped working as soon as his channel started growing. His latest vid now is him looking for a new trading edge, kek

DELET THIS unironically

>> No.18726193
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18726193

>>18724479
i held a shitload of coinlion but it already collapsed months ago so it's fine

>> No.18726203

>>18725281
Why would they? Honestly, ask yourself.

>> No.18726224

>>18724479
BTC is a garbage

>> No.18726273

>>18724479
>>18725424
>>18725637
I don't even understand why you would ever post a working trading edge... ever. Everyone will front-run or undercut you, and profit margins will just get thinner and thinner until it "stops working" (i.e. automated bots are scraping pennies in front of each other)

This is a zero-sum game, every man for himself. No "helping frens", they'll rob you dry.

Are you doing it for the updoots? Hoping to get a gilded post? Wrong site, we don't have that on this Mongolian basket-weaving forum.

>> No.18726418

>>18725637
>>18726273
It can't and wont stop working because triangular arbitrage movements are the only objective movements in trading, its a mathematical fact. Plus only like 5% of people who read this thread have the frontal lobe power necessary to wrap their head around triangular arbitrage and its impact on the market.

>> No.18726472

>>18726273
Nothing he's saying hasn't been said before. You really overestimate the intelligence of this board. Check any portfolio thread and you'll see its filled with midwits that dont even hold BTC because you can't "make it with high caps"

>> No.18726728

>>18726472
this