/biz/ - Business & Finance

>>49596749
you have to be careful if you're entering now since >100%+ scam pumps are pretty common in these bear market rallies
but if you have the margin for it, select shorts should STILL do well even now

>>49596821
this is why i'm just playing BTC at the moment, shitcoins especially on futures can be jumpy.

it seems dumb though not to be shorting BTC all out at this point, and maybe alt-coins also. nothing long term just playing shorts on futures is easy money.

>>49597032
yep, the way I see it is a lot of these alts won't even exist after all this is over (just like with 2018). Still takes balls to short though

>>49597258
i've played this up and down writing market making bots; your right shorting is infinitely more risky than longs

the fed will always print / deflate money so everything has a natural tendency to inflate. (just buy the dip retard), it plays out on the 1m chart making 2000 trades a day too.

when there's a clear trend though...., and there's no doubt a clear trend to the bottom lol

i wouldn't go to sleep on any of these bets

>>49597333

wat

wtf are you talking bout anon?

Shorting Doge a good idea?

>>49597801
on the long term all charts have a natural tendancy to go up instead of down because of inflation and money printing. it's so catastrophic that's it's obvious.

if you play this on the micro level it also works out that way. you will notice more buys than sells in the literal trade list on the chart.

stuff goes up and down obviously but stretch out the chart to 100y and you can see what I mean. the only practical use for this is to caution against long term shorts unless there's an obvious trend... ie told hold long term short positions when the fed is printing money and inflation is 30% a year

eventually the price of a barrel of oil will be $50,000 not because it's actually worth that much but because what it's compared to (USD) is worth substantially less

>>49597962
it also means don't hold USD for any reason. you will beat holding USD by holding literally any other asset by definition unless it really is shit.

a can of beans was $1 before and now it's $1.50

if you bought 5 tons of canned beans you'd be sitting at a 50% profit

>>49597962

Looking at the 100y chart, you are correct.

But in that 100 years is a constant switch between bullish/bearish sentiment and enough opportunity to make money with either long or short.

Youre not hodling for a hundred years, anon. Zoom in.

>>49598433
>Zoom in.
i'm saying that when you do zoom in what you get is a chart with predominantly more long pumps than short pumps. and if you play this out on the average, even on 1m charts, you'll see a predominance towards long than short

>>49598519
if for example you buy every time the macd goes long, and sell when it goes short (playing longs); you will do better on average then an identically configured bot that plays shorts (though longbot would be loosing it's ass right now)

>>49597962
Fucking nigger. Go spout your 5 year old chart analysis on someone else. You're forgetting positioning sizing, leverage, margin...everything.

>Huuurd chart go up long term huuur

Fuck off, baby.

>>49596749
The time to short was last night.

>>49598519
Then go play on your insanely volatile volatile 1m chart and see how that works out. Your signals are FUCKING WORTHLESS on the 1min chart.

>>49598591
>You're forgetting positioning sizing, leverage, margin...everything.
irrelevant, every bet is played independently and the leverage is always 5x;

bag hold is a big factor and how many bets you want to be able to play until you go full bag.
market making strategy is different than indicator bots

>>49598519

Well yeah, everything grows, always. Such is the goal of all civilization.

But when you have a market turning downwards, like were in right now. You know im gonna go short with 20-50x leverage every other day, cause thats just the way the market is heading at this moment.

Might be, long is the correct position most of the time. But dont go long in bearish enviroment.

>>49598650
>just don't do anything at all but buy BTC and hold
>just only pay attention to the 1D/1M chart
hows that working out for you; cope

>>49598699
well ya definitely right now. i wouldn't be longing anything.

with bots though you have to consider they don't have gut feelings; under what rules would you not be buying right now?
i'm not running bots at the moment but if I fired one up it would probably be cutoff on daily macd just as a shitfilter reference; or determine if long/short bot should be up

>>49596749
>>49596821
>>49597032
>>49597258
>>49597333
>>49597801
>>49597862
>>49597962
>>49598031
>>49598433
>>49598519
>>49598584
>>49598616
>>49598682
>>49598699

>>49598778

Im just not going long on anything atm.

Crypto down. Stocks down. Even fuckin EUR/USD going straight down for over a year now. All short, all the time.

What parameters do your bots base their trades on?

>>49599125
i started with hummingbot
https://hummingbot.org/strategies/pure-market-making/
which does a good job explaining it alot of the parameters

eventually i just wrote my own; i wanted indicators and more control etc, and hummingbot bugs out sometimes which is exactly what you don't want on a bag

basically
spread (just use 1m candle size)
volume (you can't market make dead charts)
the bag / bet size or ratio is super important, how many buys can you eat before you have to sell?
that all get's in to rules and indicators though; i don't straight market make like that anymore because it requires dragging a bag around (in a bear market right now).

and the fee's are really the most important
you have to play at 0.4-0.5% spread, which is already way too high to get orders filled.
whales can come in with 0% fees and then place orders at 0.1-0.2%, killing your profits

i've never made money market making though to be honest. it's a great concept but it's too hard with fees. i just do indicator bots now and watch them closely, or have the market maker component only flip on when i'm really sure the market is flat (which it never is)

>>49599125
the key seems to be with any bot to DCA all bets and average them out. the bot is going to be objectively worse than you unless you really suck.

for bots to work there needs to be clear trends going on on the pair, and then which indicators to use to make decisions becomes extreme voodoo; as there's only 10 real indicators maybe but infinite combinations.

>>49596749
I’m selling call credit spreads on crypto related junk stocks

>>49599711
i wish i knew what any of that shit was
i only know crypto futures

>>49596749
>Who else is shorting on futures for $$$?
Now poomp eet

>>49596749
Eth is a better short.

>>49600567
your right thanks anon

>>49600137
Go for cheapies that offer real use cases like SCRT, their security tool is driving more adoption in the space which will impact the price value as well, don't snooze on this, and have fun getting liquidated on futures.

kek

>>49596749
kek shorting after a 15% daily drop, you’re an idiot

Isn't it too low to open a short now?

>>49603027
>>49602984
>daily
1 minute chart trend following only retards your out of a bet long before it becomes a problem

ride the wave all the way down

>>49603126
was there a recent /biz/ post on the GME subreddit or something?
where did all of you newfags come from

>>49596749
LUNC is going to be ebin once the Hopium wears off. Look at ETH Classic for reference. LUNC market cap is massive for a dead chain. That being said the Vincent’s are trying to revive it so it may have one last pump in it.

dfdfasfd, sdfsafs.

> sadfoisajdf osif

>>49596749
Short SOL and stake RIDE for a fixed 25% APY, WAGMI.