Hold LONG POSITION / BITCOIN & STEEM TRADING SYSTEM # 6

in #bitcoin β€’ 7 years ago

πŸ’ SYSTEM # 6

πŸ’ BITCOIN & STEEM TRADING SYSTEM # 6

πŸ’ For System # 6: This is the data I use . Combined volume of Bitcoin traded against Altcoins at Bittrex and Poloniex , Online users at Poloniex , Steem price , Bitcoin price. All data recorded daily at 7:00 AM EST give or take a few minutes .

πŸ’ BITCOIN & STEEM TRADING SYSTEM # 6 works like this . There is no chart used with this system only a color coded spreadsheet . When columns B and C have two consecutive REDS it is a signal to buy Bitcoin and or Steem . Next when columns D and E have two consecutive GREENS it is the signal to exit the long positions .

πŸ’ The first spreadsheet below is an EXAMPLE


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πŸ’ BELOW REAL TIME SPREADSHEET


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πŸ’ BELOW SPREADSHEET SHOWING THE RESULTS OF SYSTEM # 6 PER ONE BITCOIN TRADED

BITCOIN TRADING SYSTEM # 6

BUY DATEBUY PRICESELL DATESELLPROFIT / ( LOSS)Cumulative P/L
5/27/2017$ 20406/04/2017$ 2560$ 520$ 520
6/15/2017$ 23206/17/2017$ 2564$ 244$ 764
6/22/2017$ 26686/24/2017$ 2714$ 46$ 810
7/01/2017$ 25037/04/2017$ 2597$ 94$ 904
7/27/2017$ 25897/28/2017$2753$ 164$ 1068
8/16/2017$ 40909/01/2017$ 4784$ 694$ 1762
9/17/2017$ 35929/26/2017$ 3938$ 346$ 2108
9/30/2017$ 427111/26/2017$ 9073$ 4802$ 6910
12/01/2017$ 994512/02/2017$ 11,000$ 1055$ 7965
12/09/2017$ 15,88312/17/2017$ 19,847$ 3,964$ 11,929
12/23/2017$ 15,382

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πŸ’ BELOW SPREADSHEET SHOWING THE RESULTS OF SYSTEM # 6 PER ONE STEEM TRADED

STEEM TRADING SYSTEM # 6

BUY DATEBUY PRICESELL DATESELLPROFIT / ( LOSS)Cumulative P/L
5/27/2017$ 0.816/04/2017$ 1.27$ 0.46$ 0.46
6/15/2017$1.936/17/2017$ 2.11$ 0.18$ 0.64
6/22/2017$ 2.126/24/2017$2.260.14$ 0.78
7/01/2017$ 1.677/04/20171.85$ 0.18$ 0.96
7/27/2017$ 1.407/28/2017$ 1.42$0.02$0.98
8/16/2017$ 1.239/01/2017$ 1.58$ 0.35$ 1.33
9/17/2017$ 1.079/26/2017$ 1.10$ 0.03$ 1.36
9/30/2017$ 1.5511/26/2017$ 1.02( - $ 0.53 )$ 0.83
12/01/2017$ 1.0612/02/2017$ 1.09$ 0.03$ 0.86
12/09/2017$ 1.7912/17/2017$ 2.23$ 0.44$ 1.30
12/23/2017$ 3.28

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SUMMARY

πŸ’ Hold LONG POSITION using this system

The Bitcoin price is from the Coinbase trading platform GDAX .
The Steem price is from Bittrex

πŸ’ As of today ending trades for System # 6 using Bitcoin are 10 Total trades , 10 Profits , 0 Losses , 100% accurate and a profit per Bitcoin of $11,929

πŸ’ As of today ending trades for System # 6 using Steem are 10 Total trades , 9 Profits , 1 Losses , 90.0% accurate and a profit per Steem of $1.30

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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

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Be sure to check out first thing every morning to see what the systems are doing that day.
Daily Bitcoin / Steem Trading Systems Update

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Sort: Β 

I love Steemit but here's a post in which I want to emphasize on lack of UX it has
https://steemit.com/steemit/@bitpost/a-better-steemit-what-features-do-you-steemians-need

SUMMARY

πŸ’ Hold LONG POSITION using this system

The Bitcoin price is from the Coinbase trading platform GDAX .
The Steem price is from Bittrex

πŸ’ As of today ending trades for System # 6 using Bitcoin are 10 Total trades , 10 Profits , 0 Losses , 100% accurate and a profit per Bitcoin of $11,929

πŸ’ As of today ending trades for System # 6 using Steem are 10 Total trades , 9 Profits , 1 Losses , 90.0% accurate and a profit per Steem of $1.30

πŸ’

DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .

πŸ’

thanks for the summary

Thanks for sharing. However i'm a bit sceptical, perhaps I’m missing something..
But if you just bought and hold, your returns would have been better:

Buy sell P/L
Bitcoin $2,040 (5/27/2017) $15,382 (12/23/2017) $13,342 (vs $11.929)
Steem $0.81 (5/27/2017) $2.23 (12/23/2017) $3.28 (vs $1.30)
The system produces good returns, but doesn’t out perform a simple hold strategy. I can probably come up with lots of trading strategies that produce nice returns in these market circumstances, but they are no value to me if I just simply produce better returns with hodl.

useful information.
but i want to ask. how do you think about the development of bitcoin in 2018 in the future. whether the price will increase or the price will decrease?

I think that the best way to earn is not to trade on an intense level, because you only pay a lot of commissions. I would apply the general rule of time to life. The crypts reflect the companies below so an approach like that of Warren Buffet on companies I think is the best.

Helpful topic. It helps us to know about bitcoin current situation.
Thanks dear for sharing

Zanahorio!

What a brilliant statistics...

his beautiful postings, dropped in my account and upvote

As of today ending trades for System # 6 using Bitcoin are 10 Total trades , 10 Profits , 0 Losses , 100% accurate and a profit per Bitcoin of $11,929

πŸ’ Hold LONG POSITION using this system
The Bitcoin price is from the Coinbase trading platform GDAX .
The Steem price is from Bittrex

This is being flagged for cutting and pasting the @me-tarzan comment and taking rewards. You do this a lot, stop it.