BTC dumping hard. 20% down since Trump inauguration.
Makes me wonder if Trump is orchestrating this to buy it cheap and then create a false sense of stability in some months to pump it up and sell it. Maybe he'll ease off the tariffs, end war in Ukraine etc.
If it drops another 20% from here I might consider buying back in.
Man swing tradeing the btc usdt did?t make sense i kept throwing limits at it that were to high and stops too low so it was just alot of inaction
So if you cant beat em join em. Just signed my first bot c?ntract
Lets find out what it does together i set some pretty conservative parameters its tending to bounce higher and lower then that lately but well see
It just dawned on me if this bot works its going to take the job of a homeless unemployed kite instructor .... im going to have to teach it to ramble on kite forums next and then ill be finally free of this life ill be able to do what i really want for once like construction labouring on sites im not inducted to or wear a red shirt at bunnings on a sunday morning
Im actually hopeing this thing doesnt work cause .... im not sure im ready for the world where your catching up with a friend and your shareing your tradeing bot parameters via qr codes...
**** i could cut out this qr code place it over the korean fried chicken one and inadvertently people would get my bot parameters (which are buy all frothgoth coin then keep forever *then greedy frothy sells his ) and like... anyways ... this could go wrong in so many ways why would this even be a thing
Bit of an update cause this is a first for me useing tradeing bots but i was worried my parameters were a bit too wide but looks like the bots just work within that range apropriately as seen here
Which is good news. And very cool that it auto moves the "grid" which essentially means the parameters (value) in which it trades in
Now if only i could get it to go a bit wider on its buy and sells so it could pull in more like dollers per a trade rather then fractions of them thatd be nice
This was my old method of swing tradeing you can see the little yellow arrows indicate where my buy and sell points are and the middle price is the current value so as the value moves up and down it triggers my order points
But now the bot/script just does all that for me.... so now i just stare at the robot and shake it asking it WHAT ARE YOU DOING WITH MY MONEY!!! YOU BLOODY ROBOT!!!
i think i like the new method it is bringing me back to the good old days of R.O.B. Robotic Operating Buddy you little grey punk better move those columns!
Not to be confused with the misses B.O.B. battery operated boyfriend
Both require special sunglasses from memory but its been ahwhile
So you can see where humans order like large amounts and just are swinging for the fences the bots order like this
Heaps of little micro transactions which is wjy you see stocks either fly up or down cause the robots are triggering all these micros together bit like when you see all those tiny crabs on the waters edge at low tide and as you aproach them they all scramble over eachother and spin in circles until theyre buried. Its just a wave of red fear
Dumb money
In other news i got a bit excited and shut my robot down after it made 42 x 8usd$ in 10 hours ... seems to good to be true so i redid my own with tighter parameters and higher initial outlay so its 15usd a match gonna let it run the full course
So bitcoin falls 17.5% in a month and surprise surprise crypto reserve announced last night, pumping BTC 14% in minutes.
Perfectly timed for Trump to host first crypto roundtable at White House next week.
You can't make this sh1t up.
And i bloody stupidly decided to play it safe last night and converted everything into usdt before i got too drunk to trade
Spent all day nickle and dimeing with bloody 500usdt btc buys and selling them all a thousand higher for like 8$ gains
If i ha? of just left it woulda mooned pretty hard ahh well now i know to set up some trailing stop limits or something before i ?tart going all clam eyed watching diehard 3 for the first time somehow
I know i should shut up about gme but the ceo went on crazy anti liberal rants and heaps of pro trump rants even stayed maralago etcetc and all the reddit GME apes went ape **** cause theyre all liberal that crashed the price some say intentionally so some puts could come thru and clean house so to speak. Its almost like watching the identical thing happen to btc
Anyways im too mentally exhausted to continue these constant small trades i must be makeing binance a fortune i think i cleared triple digits in 1 day easy of buys and sells
So for the benefit of anyone unfortunate enough to be reading my nonsense ill post a screen shot of how i basically just roughly count how many bitcoin are being bought and sold and from that you can pretty much safely see if the price will be going up or down ao for example
Next to the coloured dashes on top right you can see the amounts of bitcoin being traded and at what value they are being traded. On the fly you can quickly add those all up and which ever has the most will basically WIN a little fight as the price moves up and down.
Essentially the bigger number gobbles up the smaller number.
So for this second in time its better to sell rather then buy because your buying purchase at market rate will just be gobbled up by the sales at market and you can see just how much is waiting for you after that
Makeing buy and sell orders is as simple as clicking on the price you want (i usually have 50 selected rather then 100 for a bit more accuracy) anyways you set ya limits and watch either the green army over throw the red or vice versa.
One thing to make not of is just how LITTLE people are tradeing further out then a thousand or 2 price point wise.
Its all just little algorithmic bot buying and selling
I do enjoy throwing down a large amount manually im still a bit skeptical on the bot situation but ill let a few run theyre full course before i make my mind up. One thing is for sure if you could somehow organise a few whales to either all buy or all sell at same time it would completely white wash the little green and red armys completely and the price would just fly up or down
Pretty much just like the stock market does but the levels of bull**** in the stock market are just unparelled
Anyways im getting to the point now where im feeling like all i really need to do is increase my investments 10 fold and instead of makeing hundreds of little $8 gains id be makeing hundreds of little $80 gains and that would honestly become my new job. But im in no rush still cutting my teeth a bit and sadly btc isnt immune to trump and media manipulation it seems
Hahaha cho?o thats very true i learnt from my mistake the other night and left all my $$$ in crypto oveenight incase it went up 10% again and of course while i slept it went down 10%
Now i gotto do a million little annoyinf time consumeing trades to climb back up or just pony up and throw in 5 or 10k$ so those annoying mini trades are actually worth something
Its a sneaky system really a bit like the pokies where your more likelyto hit free games with a lower bet then a higher bet i can feel myself getting drawn in like a french girl
Anyone else tried theyre hand at writeing python with ai for some binance tradeing scripts?
pypi.org/project/python-binance/
Hopeing my computer arrives soon i havent typed on a keyboard in half a decade at least kinda getting excited and worried
Going to implement a little scheme ive cooked up with a networked tradeing and mineing bot army that utilises solar and free power etc
Bwaaaahahaha
Look at that annualized yield too funny
If only they were my own damn robots
Only 3180%
Imagine if i had more then 500 dollers to play with that reminds me better throw some stops in so break even
Its really not that hard just ask ai whatever dumb ass questions you have and away you go
Not sure why this is seen as such a scam when the stock marlet is completely and utterly manipulated from every possible angle its like playing that card game cheat where you throw down 5 cards and say its 3 7s and if they dont figure out you hid a couple ca?ds evenly lined up under neath you get away with it when they turn over ya 3 7s and forget to checl the cards you just put down under thay.
Anyways speaking of scams wheres scorptec with my damn computer i wanna steal some adobe softwa?e already
If that was 5k instead of .5 that 5 hours me doing nothing would be like 100$ usd to do nothing... ridiculous
And imagine if that 5k was 50k!
1000$ for nothing.... put your stop loss order in at the bottom of the dip recoup your investment let the robots do the work.
Anyways you can lead a water to a horse but you cant brush its teeth you know what im saying
But for fun lets see what happened behind the rocket clock today
I ain't got no idea what you are on about Frothy, but it looks something like PnL has made $10.36.
I guess the house-drawing business ain't what it used to be.
Ive been saying it for a year now then when they finally do it i miss out hahaha well i had a little but in but wasnt all in until now hopefully it leaps again so i can take some profit before it crashes after the next earnings which is pretty soon.
Might figure out what the other coins are also i believe litecoin and eth
I believe the gme floor is around 20 to 25 if your jumping in at 27 be aware of that but its been known to tickle 50 for very brief periods
@Froth Goth
What you're actually up against:
web.archive.org/web/20150530022435/http://parasec.net/transmission/order-book-visualisation/
and:
en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
thank god for AI
actually.... thank AI for AI!
That archived page from Parasec was a deep dive into order book visualisation-specifically, how to reconstruct and analyze a limit order book (LOB) using real-world trading data. Here's a TL;DR that cuts through the noise: ?? What It's About The site showcased a visual analytics tool for exploring the dynamics of a limit order book-essentially the real-time ledger of buy/sell orders in a financial market. ?? Key Features Interactive Visualisation: You could explore how orders stacked up at different price levels over time. Event Playback: It allowed users to replay market activity to see how the book evolved. Depth & Liquidity Views: Visuals showed how deep the market was at each price point-useful for spotting thin liquidity or large walls. Trade Impact Analysis: It highlighted how trades affected the book-did they move the market or just nibble at the edges? ??? Under the Hood Built using R and ggplot2, with a backend that processed CSV files of order events. The tool was part of the obAnalytics project by Philip Stubbings, which focused on reconstructing and analyzing LOBs from raw data. ?? Why It Mattered This was a niche but powerful tool for: Quant traders Market microstructure researchers Anyone curious about how markets really work under the hood If you're thinking of building something similar or just want to geek out on market mechanics, I can help you recreate a simplified version or explore modern equivalents. Want to go deeper into how LOBs work or how to visualize them today?
ive been hearing this rhetoric of YOU CANT WIN THE MARKET YOUR NOT SOME SORT OF AUTISTIC QUANT
JUST BUY ETFS!!
this gets repeated and repeated
.... heres what a quantitative trader is
Quant traders-short for quantitative traders-are the math wizards of the financial world. ???? They use mathematical models, statistics, and computer algorithms to make trading decisions, often at lightning speed. ?? What They Do Analyze massive datasets (like price movements, order books, and economic indicators) Develop trading strategies based on patterns, probabilities, and statistical signals Automate trades using custom-built algorithms that execute orders in milliseconds Backtest strategies to see how they would've performed historically Continuously optimize their models to adapt to changing market conditions ??? Skills They Need Advanced math & stats: Think calculus, linear algebra, probability theory Programming: Usually Python, C++, or R Financial knowledge: Understanding of markets, instruments, and risk Mental toughness: Markets move fast, and mistakes can be costly ????? Where They Work Hedge funds (like Renaissance Technologies or Citadel) Investment banks Proprietary trading firms Sometimes solo, as independent algorithmic traders ? Why It Matters Quant traders are behind much of today's high-frequency trading and market-making. They help provide liquidity, reduce bid-ask spreads, and sometimes even uncover inefficiencies that human traders miss. If you're curious, I can show you a simple quant strategy or walk you through how a trading algorithm is built from scratch. Want to peek under the hood?
ive been killing wizards for decades mate
[notice how i just got ai to analyze all that data ? i know sweet **** all about nothing dont need to just need to know how to google
I remember when I first got into crypto, it was such a rollercoaster ride. Some years it's up, some years it's way down and you end up wondering if you should've just bought gold instead. For me, I bought at a higher price once, watched it drop, and just held on. Sometimes it went back up and sometimes not, so it's tough to predict where it'll be by June next year. It really does come down to nerves of steel and a bit of luck.
When I get tired of tracking charts and staring at red candles, I usually switch to something totally different to relax. Online games are a good outlet and I even stumbled into digital sabong one night, pretty cool if you're looking to try your luck while taking a break from BTC. You can check out i-sabong.asia/ if you want something else to do when crypto gets too stressful.
lol cause hes a bot ?
gotto admit the bots are getting way better
if theres going to be a super virus link itll definitely be in a bitcoin thread neeeeever click links i finance threads
Geez. This thread has crossed over to funny images.
That said, how do you crypto gamblers do your taxes?
Use an agent or struggle with the ATO online form?
I'm wondering because I can't get the damn thing to work. All my numbers are prefilled. The only thing they don't have is how much I paid in brokerage for 2 share sales. When I put the numbers into what are the appropriate boxes on the Capital Gains Schedule it tells me I am wrong. I've given up and sent them a paper return, half filled out, but with a copy of the receipts and a letter saying that they can do it for me. My alternative is to pay a tax agent $300+ for 5 minutes work.
So how do you lot do it? It must be a nightmare for anybody who gets even a little bit active buying and selling the funny money.
There's an Australian company called crypto tax calculator. You subscribe to it, then enter all your wallet addresses and it semi calculates it all for you.
But, absolutely, calculating multiple CGT events is a complete nightmare.
Lol taxes ?!? Why you think i teach adventure sportz?!?
Besides if your just looseing all time dont they owe you money??
CRYP on ASX is not a bad option as a pseudo crypto trade with the benefit of having title to your holdings
