Hi Luc,
How do you manage your wallet in USD to BTC? It takes an hour or two to move money from Coinbase/Gemini/GDAX in US dollars to Bittrex or Poloniex before I can begin trading into other pairs.
Is there a more efficient way of doing this or is the wait of an hour in the morning and evening just the cost of doing business?
Or do you only just keep a small amount in BTC all the time, make crypto trades every day, and only move profits back to USD?
I dont ever move my money into USD.. its all coins, all the time.. USDT (tether coin) and BTC and ETH and so forth.. and only take a few minutes to transfer coins around..
Are you concerned about the BTC/USDT going down at night or losing money in a bear market?
Well I dont think we can call this a bear market yet.. a healthy pull back maybe.. but no, im not concerned.. I have most of my money in USDT and only a core postition in BTC ETH and every other coin you can think of
Hello Luc -I was wondering for new traders like me what coins do you recommend trading to be on the safe side ? Other than ETH which ones are the best ? And my second question is in regards to timeframes -you said to stick to one hour charts but if every candle on the chart represents one hour it might take several hours for a bounce back -which for people with a low trading capital could mean 1-2 trades/day. Is this correct or am I missing something here ?
one hours candles on a chart of 2months data.. and yes these trades take a day or two...I wont be able to really get into day trades that last only an hour or two until i get a scanner.. its only these slower trades for now that we can catch