1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How to bank with trading Cryptoz

Discussion in 'CryptoCurrency' started by thespecialist1337, Jun 6, 2017.

  1. thespecialist1337

    thespecialist1337 Newbie

    Joined:
    Oct 24, 2015
    Messages:
    48
    Likes Received:
    3
    Hi fellas,

    Just wanted to share recent experience and would love some inputs from you too

    I think Kraken or any good bitcoin wallet+exchange offers an awesome opp to have a virtual bank account. I personally use Kraken to store and trade. One great feature I like is that i'm able to sell and keep a US$ balance.

    So now im playing with just 150$, everytime it reaches 160$, swipe out 10$ and stay invested with $150. Like this maybe earn some good amount and keep getting some returns.

    I would want to further implement an automated future order where coins are traded to USD automatically everytime there is a 10$ profit. Can you explain the config for the trading desk to achieve this?

    Another thing I need to do is get alerts everytime there is some big news. Existing alerts and news are full of daily spam. I don't want to sit and just trade all day and make it my life, i have other shit to do. This thing needs to be robomated and chequemated now!
     
  2. TeslaFan

    TeslaFan Junior Member

    Joined:
    Mar 6, 2015
    Messages:
    117
    Likes Received:
    23
    No! No you can't do that!
     
  3. darkblitzrc

    darkblitzrc Junior Member

    Joined:
    May 25, 2015
    Messages:
    135
    Likes Received:
    38
    Home Page:
    Im confused with this thread, at first I thought you were making a guide on how to bank but now I read this nonsense and I can't understand shit.

    What do you want?
     
  4. virtualbyron

    virtualbyron Jr. VIP Jr. VIP

    Joined:
    May 11, 2014
    Messages:
    1,243
    Likes Received:
    794
    Occupation:
    WHITE HAT
    Home Page:
    I think I understand him because I'm little drunk like was OP when he write this thread

    So I thinks he want to make a kind of an automated system will making money with the fluctuation, for example he buy $150 of BTC when the price is $2500/BTC and sell it when the price go to $2550/BTC, once the price down a little he rebuy again, then he sell again, as it is very volatile he can do that many time per day with a bot, like the high-frequency trading server of the banking system but slowly and with crypto money
     
    • Thanks Thanks x 2
  5. darkblitzrc

    darkblitzrc Junior Member

    Joined:
    May 25, 2015
    Messages:
    135
    Likes Received:
    38
    Home Page:
    ohh then thats smart.... someone has a bot like that?
     
  6. virtualbyron

    virtualbyron Jr. VIP Jr. VIP

    Joined:
    May 11, 2014
    Messages:
    1,243
    Likes Received:
    794
    Occupation:
    WHITE HAT
    Home Page:
    I don't hear about it but I know a mobile app that will notify you depending on your setting (don't remember the name but I can find if you need), on this app you can set like "ping me when BTC is at $3000" / "ping me when ETH go at $200" for all the crypto, so maybe OP do that manually and want to automate the whole process but I thinks it's risky to use a bot made by someone since the bot will have access to all your money hehe
     
  7. whiteblackseo

    whiteblackseo Jr. VIP Jr. VIP

    Joined:
    Apr 11, 2015
    Messages:
    2,463
    Likes Received:
    918
    Home Page:
    With $150 I don't think he'll get that far for a while.

    TradingView has alerts you can customize if that helps.
     
  8. thespecialist1337

    thespecialist1337 Newbie

    Joined:
    Oct 24, 2015
    Messages:
    48
    Likes Received:
    3
    thanks dudes and dudettes, i dont drink but im generally beyond stoned :p

    i seehttps://trade.kraken.com/kraken/btcusd has many options that might be designed to do exactly that, as it has % difference based buy and sell future orders (limit)

    it would be awesome if sum1 could break-down their UI to achieve what i was trying to explain, auto sell on profits and staying invested.

    Sell desk:

    upload_2017-6-7_12-46-56.png

    i like the word leverage but what does it do? The red dots are my orders to sell when the price hits the G spot


    Sell types:
    upload_2017-6-7_12-47-35.png

    im only playing with 150 as i want to figure this out first, i dont want to jump into the abyss, although im just as tempted to as you are

    Here is their official trading guide- https://support.kraken.com/hc/en-us/categories/200187143-Kraken-Trading-Guide

    I can hardly understand what this guide means,but it could be nice if you could help me. I'm currently just issuing sell orders with a fixed future market price using the Limit option. But robomating this shit will make me cum louder
     
    • Thanks Thanks x 1
  9. AryabhattZero

    AryabhattZero Power Member

    Joined:
    Jul 28, 2015
    Messages:
    763
    Likes Received:
    297
    Does Kraken change your BTC to USDT or actual USD? can you transfer it to paypal/bank?
    I might shift to Kraken if that's possible.
     
  10. n0de32

    n0de32 Regular Member

    Joined:
    Jan 25, 2010
    Messages:
    201
    Likes Received:
    230
    Occupation:
    IM Scientist
    Location:
    Earth. Mostly.
    If you're just looking to automate your trading, they're already too many bots out there. Lookup for 'C.A.T. Cryptocurrency Automatic Trader'. It is one of the best among them.
     
    • Thanks Thanks x 1
  11. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 5, 2012
    Messages:
    4,495
    Likes Received:
    11,759
    Occupation:
    travəlɪŋ
    Location:
    Aibres
    Home Page:
    Withdrawal options and fees

    EUR SEPA Withdrawal (€0.09) - EEA countries only
    USD Bank Wire Withdrawal ($5 USD) - US only
    USD Bank Wire Withdrawal ($60 USD) - outside US only
    EUR Bank Wire Withdrawal (€60) - outside US only
    GBP Bank Wire Withdrawal (£60) - outside US only
    JPY Bank withdrawal (¥20) - Japan only
    CAD EFT Withdrawal ($10 CAD fee, $25K CAD daily max) - Canada only
     
    • Thanks Thanks x 1
  12. thespecialist1337

    thespecialist1337 Newbie

    Joined:
    Oct 24, 2015
    Messages:
    48
    Likes Received:
    3
    Yes you can sell and keep a USD balance. withdraw if your bank account is linked. Since my account is not linked there, its not where I cash out. So to cash out, i will convert to BTC again and transfer to another wallet which is linked to my bank to make withdrawal.

    @node32 thanks for recommending C.A.T. , i hope the pussy smells good
     
  13. thespecialist1337

    thespecialist1337 Newbie

    Joined:
    Oct 24, 2015
    Messages:
    48
    Likes Received:
    3
    As seen on https://www.okcoin.com/

    Margin Trading

    Leverage trading, high returns, profits whatever the trend

    It looks risky and for proper financially educated folk only
    http://www.investopedia.com/university/margin/margin1.asp says
     
  14. seoxz

    seoxz Junior Member

    Joined:
    Dec 8, 2014
    Messages:
    156
    Likes Received:
    33
    Github has a bot like this didnt use it but saw one on github for trading on poloneix or some trading website
     
    • Thanks Thanks x 1
  15. polldd

    polldd Jr. VIP Jr. VIP

    Joined:
    Jul 24, 2014
    Messages:
    117
    Likes Received:
    11
    Home Page:
    It is already done with forex. What i would ask you to do is to talk to any forex company, they may be able to come up with something related to what you talked about.
     
    • Thanks Thanks x 1
  16. thespecialist1337

    thespecialist1337 Newbie

    Joined:
    Oct 24, 2015
    Messages:
    48
    Likes Received:
    3
    First of all, let me thank you all for the recommendations. Happy to find an interested community on BHW.
    Secondly, the software recommended CAT is way too complex and has a horrible UI, I would think that any sane programmer would make it easier for usersif he intends to make money selling the program.
    So..Anything else besides CAT?
     
  17. djelica

    djelica Junior Member

    Joined:
    Jun 26, 2009
    Messages:
    163
    Likes Received:
    64
    Guys, stop wasting your time, as far as i understand, you are looking for automated trading app which will turn your 150$ into 160$ or more in the end of the day.
    Why would someone give you software like that?
    This is extremely hard to program since you cannot know the future and all your trades will be based on guesses (predictions) that price will continue going with trend or that it will reverse.
    Your performance will depend on how good you predict.
    Patterns you see when you look at charts are also very hard to translate into code.

    I have been into this trap and wasted quite a lot of time on it. I moved from crypto bullshit to forex as it is much more stable and community is much bigger. But things arent much brighter even there because of simple fact, you dont know the future, which means you will have a lot of mistakes (losses), which means you will be losing money. Either trade manually with bigger capital or dont trade at all.

    On the other hand, if you predict very good, you will make shitload of money :)

    Good luck
     
  18. AzonAtom

    AzonAtom BANNED BANNED

    Joined:
    Jul 12, 2017
    Messages:
    14
    Likes Received:
    1
    Like minning bot but better :D Surely theres someone sitting with such hidden soft and banking.