I was hoping for a dip but damn it kept going up last night.
Should I just buy some now. I linked my bank account. How fast do transaction happen? I probably canāt trade it fast enough to make money and buy it back before it goes up again.
Updated - - -
Should I transfer money from my bank account to the wallet and then buy BTC or just buy it directly from my bank account?
Lol at this rate weāll be in 90k territory by jan.
Hereās what I find amazing and fun (and lost potential learning it) is how IOTA keeps growing with bitcoin. As bitcoin grows, iota keeps going through ups and downs but going strong $3-$5. As soon as bitcoin stops growing, IOTA starts going to $4 but the neat thing is that it costs less and less in BTC while each ātokenā struggling to keep at the $3-$5 mark.
If you do the math ( I havenāt yet) if Bitcoin stopped for a few days a few days ago, IOTA would be at least $10. Whether that will continue is another story. I)
Edit: it took me some time (and money) to get understand the live data I am seeing over the past few days. Basically as you sell at one price point in btc, at the rate it is going, eventually it HAS to dip(1-4 hours) below what your lower buy price is. This way you end up gaining tokens , and if say bitcoin stops for a day or two and IOTA starts growing again you are really winning.
Before anybody talks about the risk, I am well aware
Edit:2
Now I feel dumb againā¦in the process you are losing actual BTC , and can only get back all of it if in the future IOTA surges back to the same share per btc. In which case it is just best then to just keep buying small amounts at the lowest btc/dollar ratio and if then it surges back to say 1/250 price of btc, THEN you win bigly. Sorry guys I am learning as I go
So I bought some litecoin and Iām waiting a little bit on the BTC hoping it comes down a little bit. I have a feeling itās just gonna keep going up.
Hahahahaha i finally got it! I dont give a shit about iota tokens because i am trading to earn bitcoin using iota as a tool. You guys must think im stupid
Even with $150+ as seed try it. As you track on the upswing by 50 at a time and sell 50 at a time .0000100-200 over that translates to about $8 each time this on binance. With good timing you can make quite a bit / hr. This is better than Runescape trading rofl
Speaking of the dip, @boxxa whatās the best place for real time data? GDAX seems to have taken a shit as soon as a ton of sell orders went though. My GDAX says BTC @ ~$16.5k but other places are saying ~$15.2k.