Binance trading fees are 0.1% for a buy 0.1% for a sell. The daily high today was 1.0077 The daily low was 1.0028. That's a 0.49% difference. 0.49% - 0.2% for the trading fees gets you 0.29%.
I would set it to automatically buy at 1.0035 and sell at 1.0075. You would get a profit of 0.2% a day
That sounds tiny, but if you start with $100, you will have $146 923.38 in 10 years. That's if you can maintain a 0.2% profit for 3650 days. Unlike any altcoins that can tie your money up, this way your always making money.
Binance trading fees are 0.1% for a buy 0.1% for a sell. The daily high today was 1.0077 The daily low was 1.0028. That's a 0.49% difference. 0.49% - 0.2% for the trading fees gets you 0.29%.
I would set it to automatically buy at 1.0035 and sell at 1.0075. You would get a profit of 0.2% a day
That sounds tiny, but if you start with $100, you will have $146 923.38 in 10 years. That's if you can maintain a 0.2% profit for 3650 days. Unlike any altcoins that can tie your money up, this way your always making money.
Go here
https://cryptocoingrowth.com/calculator
Type in the following.
You have given me lots of good info, to think on, that is for sure.
Thank you.