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RE: EOS Launch Update! EOS MainNet is LIVE. Overview/Chart/Timeline where we are at. Some basics to help you out. Blockchain History has been Made!!

in #eosio7 years ago

I'm actually thinking of running a bot and trading between stable coins. It would be micro volatility trading. Earning about 0.3% every day. With 0.3% profit, you would triple your money in a year, and nine times it in 2 years. I hope exchanges start adding stable coin pairs. A volatility of 1% could bring you a 40x return in a year.

https://www.binance.com/en/trade/TUSD_USDT

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Even with the constant ~ 0.15% or 0.2% trading fees, for every trade factored in?

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.

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You have given me lots of good info, to think on, that is for sure.

Thank you.