Author

Topic: Leverage alt movement to boost BTC holdings (Read 666 times)

full member
Activity: 154
Merit: 100
January 09, 2014, 08:58:14 AM
#7
I've turned about .01-.02 btc gathered from alt giveaways into 1 bitcoin (estimated portfolio value from cryptsy) and thats with all of my holdings suffering from the alt coin drop currently happening. Can we call it a crash yet?
That's pretty good going  Smiley How long did that take you to achieve? I put 0.1 BTC in to Cryptsy and it's now 0.27 BTC after 2 long months!
member
Activity: 70
Merit: 10
January 09, 2014, 12:47:45 AM
#6
I've turned about .01-.02 btc gathered from alt giveaways into 1 bitcoin (estimated portfolio value from cryptsy) and thats with all of my holdings suffering from the alt coin drop currently happening. Can we call it a crash yet?
In your opinion why are the prices falling or markets crashing?
full member
Activity: 213
Merit: 100
January 08, 2014, 06:22:52 PM
#5
I've turned about .01-.02 btc gathered from alt giveaways into 1 bitcoin (estimated portfolio value from cryptsy) and thats with all of my holdings suffering from the alt coin drop currently happening. Can we call it a crash yet?
member
Activity: 70
Merit: 10
January 08, 2014, 06:15:59 PM
#4
Ah yes, I was looking at your thread on that. It looks good, especially as it is working for you. Will be nice if you do end up getting it hooked up to a decent API.

I haven't bothered with Cryptsy given how slow people say it is, which is a shame as it is the ideal place to leverage on the hot coins.

Do you know how to work with API's?
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
January 08, 2014, 04:39:32 PM
#3
Ah yes, I was looking at your thread on that. It looks good, especially as it is working for you. Will be nice if you do end up getting it hooked up to a decent API.

I haven't bothered with Cryptsy given how slow people say it is, which is a shame as it is the ideal place to leverage on the hot coins.
member
Activity: 70
Merit: 10
January 08, 2014, 02:59:57 PM
#2
I have been having good success as well, What i do is buy USD->BTC->LTC->Alt coins (i have a profitability calculator i made)->BTC->USD.

The only problem is trades are not happening instantly on cryptsy and I have no where else to turn so my profits have taken a hit (as we speak i have multiple XPM coins waiting to be traded back into BTC for the last 2hours)

I wish I had funding to knock cryptsy over and do my own site. Also I believe stagnation of coins comes the markets being open 24/7.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
January 06, 2014, 09:35:17 AM
#1
How many of you trade using ALT/BTC in order to boost your BTC stake?

I've personally had some success with it, but recently it has been a bit tricky with BTC rising so fast and everything else static. Fortunately I only committed a little amount to it.

What success have you had using this technique? Any tips to share on the matter?
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