Topic: Trade stablecoins (Read 304 times)
The bear market has been alive since the last bull ran over. The next bullrun won't start in a day but could start this year. Stablecoins are safe in the bear and bull market but extra profit could be with the top altcoins pairs in the bullrun market. Now I feel safer in the Bitcoin pair because Bitcoin's price is high dip. After the Bitcoin bullrun again, stablecoins are safe. Here are my thoughts about the altcoins trading pairs.
Lol, how the hell do you make profit out of trading stable coins 
I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases.
I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases. If that's how OP seen this then it's very possible to earned doing this, though the chance of being stucked
to any volatile coins is also needed to consider, not all the dip already at its end zone chances that more dip
will happened and you'll trapped holding those coins, just like what happened last week, most coins falls almost
50% and now it's really hard to see if they'll be able to bounce back and bring good benefits.
I was also looking for these oscillations a time ago. Scalping on those fractions of price movements.
To code a bot, e.g. in Python to connect to Binance API.
For example on the USDT-DAI or BUSD-USDT pairs on Binance, it would be possible to make on average 5-10 trades per day with 0,05-0,15% profit per trade. Occasionally, there are price spikes. And if opening a long trade on price-low or lower than some short moving average of price, it could be a profit of 0,2-1% per trade. That could make a ~100% ROI in few months.
But the trading fees (maker/taker) make it more difficult, on Binance are 0,1%+0,1% per trade which basically takes the whole profit of trade and that makes the scalping really inefficient, even loss - if I understood these fees correctly.
To code a bot, e.g. in Python to connect to Binance API.
For example on the USDT-DAI or BUSD-USDT pairs on Binance, it would be possible to make on average 5-10 trades per day with 0,05-0,15% profit per trade. Occasionally, there are price spikes. And if opening a long trade on price-low or lower than some short moving average of price, it could be a profit of 0,2-1% per trade. That could make a ~100% ROI in few months.
But the trading fees (maker/taker) make it more difficult, on Binance are 0,1%+0,1% per trade which basically takes the whole profit of trade and that makes the scalping really inefficient, even loss - if I understood these fees correctly.
You're wrong to understand some poeple's opinion at this forum. I think most of them only said that stable coin is not an investment place, it mean when you buy now and hold it for long term or short term it will be useless because its value will remain same. It will be different if you use it as trading place, you will be benefited if you use it. The stable coin price have a movement price but it is not volatile as cryptocurrency (altcoin or bitcoin).
Putting the fact that this post looks like an advertisement away, at a first glance I thought OP's main idea of trading stablecoins between them wouldn't work but I was left surprised after checking out Tether's markets and finding out that there is a TUSD/USDT pair with +860,000,000$ volume. It looks quite shady though - can't find a pair of Tether and another stablecoin with +$100M. Maybe wash trading? 
The basic idea makes sense and is a smart one indeed. But unless you have millions of dollars or hundreds of thousands to trade using this strat, you probably won't make much. On the other hand, you could buy at $0.99 and sell at $1.01 or $1.02 which, if automated, might be able to get you a decent growth even with smaller capital.. A 1% every trade doesn't sound bad at all. But how often does the price really go to the extremes of this 1-2% spread? If you can't do these trades fast enough and have a small capital, it's a waste of time for sure
I don't know man, I guess I'll never really have the guts to put a large capital on a centralized exchange to try this out. I have a habit of fucking things up whenever I try to make money so I just let everything roll according to what was meant to happen
The basic idea makes sense and is a smart one indeed. But unless you have millions of dollars or hundreds of thousands to trade using this strat, you probably won't make much. On the other hand, you could buy at $0.99 and sell at $1.01 or $1.02 which, if automated, might be able to get you a decent growth even with smaller capital.. A 1% every trade doesn't sound bad at all. But how often does the price really go to the extremes of this 1-2% spread? If you can't do these trades fast enough and have a small capital, it's a waste of time for sure
I don't know man, I guess I'll never really have the guts to put a large capital on a centralized exchange to try this out. I have a habit of fucking things up whenever I try to make money so I just let everything roll according to what was meant to happen
don't forget to mention the trading fees that you need to pay and the transfer fees. so the small profit that you will get may cover all those fees in between. though if you have large amount to spare, maybe you can get a lil bit of it, that is if you are fast enough to catch that lil difference. however, stable coins deviate from its based price in a very small amount, so if you are spending small amount of money, you will just make even. so really not worth the risk.
Lol, how the hell do you make profit out of trading stable coins I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases.
I really don't want to give much thought but i think the OP is trying to suggest trading stable coins against volatile ones like Bitcoin or Ethereum. For instance, you convert your funds to stable coins once a dump starts and wait to buy so cheap later on. You can then later sell your profits when the volatile coin increases.
I agree with you. Trading stable coins is also quite profitable and safe. For all newcomers to trading, this is a great way to learn how to trade. Then, when you gain experience, you will learn how to make a profit with the help of small altcoins.
It is not under-rated, this is crypto currency, the space js large for every traders. Everyone have different trade patterns ot strategies, the most important is to choose the one suited to you and make profits from it.
Do ensure to always do your own research
Do ensure to always do your own research
Putting the fact that this post looks like an advertisement away, at a first glance I thought OP's main idea of trading stablecoins between them wouldn't work but I was left surprised after checking out Tether's markets and finding out that there is a TUSD/USDT pair with +860,000,000$ volume. It looks quite shady though - can't find a pair of Tether and another stablecoin with +$100M. Maybe wash trading?
The basic idea makes sense and is a smart one indeed. But unless you have millions of dollars or hundreds of thousands to trade using this strat, you probably won't make much. On the other hand, you could buy at $0.99 and sell at $1.01 or $1.02 which, if automated, might be able to get you a decent growth even with smaller capital.. A 1% every trade doesn't sound bad at all. But how often does the price really go to the extremes of this 1-2% spread? If you can't do these trades fast enough and have a small capital, it's a waste of time for sure
I don't know man, I guess I'll never really have the guts to put a large capital on a centralized exchange to try this out. I have a habit of fucking things up whenever I try to make money so I just let everything roll according to what was meant to happen
The basic idea makes sense and is a smart one indeed. But unless you have millions of dollars or hundreds of thousands to trade using this strat, you probably won't make much. On the other hand, you could buy at $0.99 and sell at $1.01 or $1.02 which, if automated, might be able to get you a decent growth even with smaller capital.. A 1% every trade doesn't sound bad at all. But how often does the price really go to the extremes of this 1-2% spread? If you can't do these trades fast enough and have a small capital, it's a waste of time for sure
I don't know man, I guess I'll never really have the guts to put a large capital on a centralized exchange to try this out. I have a habit of fucking things up whenever I try to make money so I just let everything roll according to what was meant to happen
How is it possible to make money trading stable coins when all they do is 0.9$ to 1$ ? Stable coins don't rise and fall like other coins, it's like you are here to promote those trading bot and that creepy website of yours, anyway, trading stable coins doesn't make any sense
It's more like 98 cents to 102 cents trading range for stablecoins to be honest, but I actually think he has a point,,, stablecoins as far as I can see hardly ever fall even to 5% losses, so you sort of can even try using leverage maybe x10 and take advantage of their rise and falls after all they are supposed to be stable;)
The point here is still that you need substantial capital to trade stablecoins, else it might seem like you are just dashing out the taker and maker fees to the exchnage on which you are trading and with that, you might gradually lose the profit you are supposed to make. What I am saying invariably is that you will need at least, $200 and above to start with.
Although, one good thing about it is that, it has a very low risk, except you are not careful in placing your orders.
seen that the gain is safe but also minimal to be able to have a decent gain it decides it would be necessary to invest , to trade with stable coins with a large amount, perhaps it is more convenient once you buy the stable coins to put them in stake , the gain is more or less same but perhaps with less stress
How is it possible to make money trading stable coins when all they do is 0.9$ to 1$ ? Stable coins don't rise and fall like other coins, it's like you are here to promote those trading bot and that creepy website of yours, anyway, trading stable coins doesn't make any sense
It's more like 98 cents to 102 cents trading range for stablecoins to be honest, but I actually think he has a point,,, stablecoins as far as I can see hardly ever fall even to 5% losses, so you sort of can even try using leverage maybe x10 and take advantage of their rise and falls after all they are supposed to be stable;)
To trade stablecoins you need to have a significant capital to start with because when you sell high and buy low you basically only make 0.5%-1% profit transactions as stablecoins don't fluctuate that much. People like to "bet" 10$ on shitcoins well because it's better than earning 0.5-1$ trading. How much you earn with basicsignals and what is your capital?
Agree with you, to be able to make a profit with stablecoins, we need a large amount of capital to be able to make low buy high sell. Because its profit is not too much and requires patience and monitoring the chart every day, not too many investors choose this way to make a profit.
How is it possible to make money trading stable coins when all they do is 0.9$ to 1$ ? Stable coins don't rise and fall like other coins, it's like you are here to promote those trading bot and that creepy website of yours, anyway, trading stable coins doesn't make any sense
This entire post looks like ad
5-10% per month from stablecoin? I have no idea how it will be possible but I am pretty sure that I have barely seen stable coin to changed above 2% and most of the times it does not change. How can you make profit? Will it be enough to cover the exchange fee, withdraw fee etc?
Seems the pharmacist is correct, you are trying to prpmote some shit exchange.
Seems the pharmacist is correct, you are trying to prpmote some shit exchange.
its really possible to earn in short trade using stable coins pair to other crypto currency . ,But that's not only stable coins alone . The price of stable coins is not really moving so its not possible to earn that large % every month .unless you are pairing it to BTC market or other popular Altcoins, let me guess OP is just promoting his signals website hhere like what other's newbie do and plan to sell it also to other user's and members of this forum.
To believe in what he is saying he need provide stats of his trade here ,so we can see if he only trade stable coins.
It's only good to avoid the volatility of main cryptocurrencies, but take a look on the gain of Bitcoin this month, if you hold stable coins you have lost due the pandemic and inflation, and the value of cryptocurrencies is still growing.
5-10% per month from stablecoin? I have no idea how it will be possible but I am pretty sure that I have barely seen stable coin to changed above 2% and most of the times it does not change. How can you make profit? Will it be enough to cover the exchange fee, withdraw fee etc?
Seems the pharmacist is correct, you are trying to prpmote some shit exchange.
Seems the pharmacist is correct, you are trying to prpmote some shit exchange.
I've always thought of this since the value always fluctuates with just little difference but what is needed here is huge capital like thousands of dollars and if that would give good return, then it will definitely cover the fees you mentioned. This method won't work well with a 100$ because withdrawal fees will take around 20-30% of profit
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5-10% per month from stablecoin? I have no idea how it will be possible but I am pretty sure that I have barely seen stable coin to changed above 2% and most of the times it does not change. How can you make profit? Will it be enough to cover the exchange fee, withdraw fee etc?
Seems the pharmacist is correct, you are trying to prpmote some shit exchange.
Seems the pharmacist is correct, you are trying to prpmote some shit exchange.
$1.03 is way too big for stablecoins mate. More likely $1.0003
Therefore your money would worth $500.15
Therefore your money would worth $500.15
Yep, screw market making stablecoins pairs. The margins are tiny. You need to hold and trade a huge amount to make any real profits. It's hard to justify the custodial risk, particularly when it comes to Tether. I don't even like to hold USDT for a few days. I'm scared they'll run into legal trouble again, with USDT value possibly taking a dive. Imagine the risk of market making 24/7!
You can promote whatever bot you want but people are smart to realize that there is not enough differences in the stablecoins to make that kind of arbitrage. Yeah, the idea looks like its solid and you could make a profit with it, hell on paper it looks like the best kind of trading there is, because in the end you are trading something that worths 1 dollar for something lower and end up selling it for one dollar.
However, when you actually decide to do it you will realize that there is actually not that much drop in stablecoins and whatever drop you have in them is less than the trading fee exchanges get. Even if you find a small period where it is profitable to buy them, it is not common and it is very rare in between as well, so you will not be x3 every year.
However, when you actually decide to do it you will realize that there is actually not that much drop in stablecoins and whatever drop you have in them is less than the trading fee exchanges get. Even if you find a small period where it is profitable to buy them, it is not common and it is very rare in between as well, so you will not be x3 every year.
I've thought of this before but you need a lot of money to feel the profit through small fluctuations with a stable coin. For example, you have $500 = 500 USDT/USDC/etc at the ratio of $1:1
So if it fluctuates a bit like $1.03 then this will your profit with that trade.
$515
$1.03 is way too big for stablecoins mate. More likely $1.0003So if it fluctuates a bit like $1.03 then this will your profit with that trade.
$515
Therefore your money would worth $500.15
The spread is so tight therefore traders need at least $5,000 to make $1.5
Well, this tiny return may not be for everyone since this is crypto space.
The stable coins are what I trade currently using my bot using the arbitrage strategy, most of it anyway and I do think that those that can be traded using USDT is worth having because the exchange usually accepts and makes those pairs if they think it's worthy enough. That is my view on it and I keep on trading it and have good progress.
Any recommendations on what coins are good to trade on?
Any recommendations on what coins are good to trade on?
Stablecoins are $1 coins but you can check on Binance for example right now there are 7 or more stablecoins pairs:
For example TUSD/USDT, PAX/USDT, USDC/TUSD etc. All the coins are worth $1 but if you check the pair you can see that the pair rate fluctuates.
You can check here for more info: https://basicsignals.trade/howtomakemoneywithstablecoins
For example if the rate of TUSD/USDC = 1.0050 and you have 10,000 TUSD, you can sell and get 10,050 USDC in exchange.
This strategy allows you to place trade with ZERO risk of losing money because you always keep a coin that is worth $1 and you only place trades that give you profits.
It's not like trading altcoins because with altcoins you risk holding a bag of useless coins that never go back up again. A stablecoin is always exchangeable for $1.
For example TUSD/USDT, PAX/USDT, USDC/TUSD etc. All the coins are worth $1 but if you check the pair you can see that the pair rate fluctuates.
You can check here for more info: https://basicsignals.trade/howtomakemoneywithstablecoins
For example if the rate of TUSD/USDC = 1.0050 and you have 10,000 TUSD, you can sell and get 10,050 USDC in exchange.
This strategy allows you to place trade with ZERO risk of losing money because you always keep a coin that is worth $1 and you only place trades that give you profits.
It's not like trading altcoins because with altcoins you risk holding a bag of useless coins that never go back up again. A stablecoin is always exchangeable for $1.
But it needs a large sum of money to produce higher profits.
They don't really move for quite the large amount so it is like you are aiming for the thousandth of cent or maybe millionth.
Reality check, it also goes down right?
I am not much keen looking with stable coin prices but I had a little glimpse on it some time.
That also made me asked myself why it is moving since it is supposed to stay with $1.
There is profit but I think it is kind of a long term procedure which we don't see mostly with traders now.
Rather, they will just risk it with an altcoin using short term.
I am not sure if OP trying to promote his website or telegram channel. I don't know even in your idea working well or not. I haven't any experiences trading with stable coins. I have always tried to trade only btc pair and still I am on loss due to current bear markets.
If in case your idea work well then I feel it's better to trade with stable coins who really don't wanna take much risk. But for that I think you need quite big capital since profit isn't much more.
If in case your idea work well then I feel it's better to trade with stable coins who really don't wanna take much risk. But for that I think you need quite big capital since profit isn't much more.
Interesting idea. I can see how someone very risk averse who didn't care about making much money at all, and had a ton of money to trade with and just wanted to make a tiny bit of money essentially completely risk free from it could do this. But you basically need to be a whale doing many millions of dollars in volume each month to really get anything from this strategy.
The volatility is so low, usually fluctuating in a half percent range or less over a period of days, that when you add in trading fees you're maybe scalping .1% of profit every few days. Now if you are doing so many millions of dollars in volume each month that you get the extremely low trading fees maybe you can manage more like .3% every days. But those a very very small gains. If that's all I was looking to make I could do that trading non-pegged coins with hardly any risk either because I would only need to trade so little to make such a tiny profit.
If stablecoins were a bit less stable, and moved up and down from say .98 to 1.02 every few days then this could be a viable risk free strategy. But since the movements are more like .996 to 1.002 it just really doesn't make much sense.
The volatility is so low, usually fluctuating in a half percent range or less over a period of days, that when you add in trading fees you're maybe scalping .1% of profit every few days. Now if you are doing so many millions of dollars in volume each month that you get the extremely low trading fees maybe you can manage more like .3% every days. But those a very very small gains. If that's all I was looking to make I could do that trading non-pegged coins with hardly any risk either because I would only need to trade so little to make such a tiny profit.
If stablecoins were a bit less stable, and moved up and down from say .98 to 1.02 every few days then this could be a viable risk free strategy. But since the movements are more like .996 to 1.002 it just really doesn't make much sense.
I've thought of this before but you need a lot of money to feel the profit through small fluctuations with a stable coin. For example, you have $500 = 500 USDT/USDC/etc at the ratio of $1:1
So if it fluctuates a bit like $1.03 then this will your profit with that trade.
$515
So if it fluctuates a bit like $1.03 then this will your profit with that trade.
$515
Never mind then
Thank you so much op for sharing this message with us and we really appreciate this. I have the same thought with you before and I look at the stablecoin as a kind of unprofitable coins. But after seeing this your post I will tried to trade them now.
Stablecoins are $1 and stablecoins pairs exists. What it means is that you can trade a $1 coin with another $1 coin.
Without being smart you can make serious profits with them. You just need to buy lower than $1 and sell higher
I had the most difficult time understanding this.
Yeah, you made me visit your thread because I am intrigued of why you could say that in your title.
Still, it looks to me like you are contradicting yourself.
Stablecoins are 1 dollar. You pair it with another stablecoin for a dollar? What do you get? Nothing?
I want to understand this.
I'm using Basic Signals 3.0 , and it's very easy to use and bring serious money. But I'm sure you could use other bots for stablecoins like Cryptohopper
I'm guessing this is the whole point of this thread, promotion of trading sites.I'm no expert on stable coins, but I wasn't aware you were actually able to make a profit by trading them. And though I'm having a hard time understanding what OP's method is, I get the impression that you could probably make as much or more of a profit just speculating on altcoins in the usual way--which doesn't involve bringing stablecoins into the equation.
To trade stablecoins you need to have a significant capital to start with because when you sell high and buy low you basically only make 0.5%-1% profit transactions as stablecoins don't fluctuate that much. People like to "bet" 10$ on shitcoins well because it's better than earning 0.5-1$ trading. How much you earn with basicsignals and what is your capital?
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