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    Crypto Currency Markets Rate my new trading set up

    August 24, 2021

    Crypto Currency Markets Rate my new trading set up

    Rate my new trading set up

    Posted: 24 Aug 2021 02:07 PM PDT

    Software for better positioning... Coin Catcher

    Posted: 24 Aug 2021 03:23 PM PDT

    Software for better positioning... Coin Catcher

    Hey everybody,

    Big time lurker since about 2013 in the crypto space and wanted to share something I built that may or may not be interesting to you.

    So here we go...

    what did I build : an application to systematically generate orders and give you the entry points you want

    why did I build it: I got tired of using garbage crypto exchange UIs and wanted to enter more than 1 order at a time

    how did I build it: I built it from scratch using React, Node, Mongo, and ElectronJS

    Let's get to the tour:

    ​

    A nice landing page for CoinCatcher

    ​

    Seems pretty basic.. what's so cool about it?

    well, from this app, you can view and manage all your portfolios on crypto exchanges in a single interface. How many of you can tell me the % portfolio allocation that you have in BTC or ETH or USDT even? Unless you track it outside somewhere, probably very few.

    CoinCatcher wires up to CoinbasePro, Binance, and KuCoin (With future implementations of Gemini and Bittrex)

    ​

    Exchange Management in one place

    Now that you have some exchanges added... what do you do?

    First, you could go to balances and see just what your allocation is across all assets in all connected exchanges.

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    Asset Allocation Across all exchanges

    That's a pretty cool feature I'd say and helpful for those of you who trade multiple assets.. but where are the orders?

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    View open orders for a particular exchange

    and you can see market position for that trading pair

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    BTC-USD on CoinbasePro

    As you can see in the graph, there's a green area indicative of buys, black bar which represents market price and if there are sell orders, they're noted as a red area chart to the right side of market price.

    ​

    How would you know what orders filled? I'm glad you asked...

    In the fills section, CoinCatcher pulls fills for the last 24H, 2D, 5D, 7D, or 30D.

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    Fills

    Luckily there's functionality to figure out what you average cost is for that set of fills:

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    Aggregated fills with average cost

    Now to the core of the app: how to place orders

    Say I wanted to trade BTC-USD on coinbase and I wanted to buy the dip as we've just rallied to 50k and can expect some pullback.... with the TradingView chart you can see the $48,000 to $42,500 zone is ripe for buying as we could see potential support somewhere in there..but where?

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    Buy A Zone

    Luckily, if you're correct in your prediction and there's a support zone somewhere in there, you will be a buyer and hopefully catch the lowest local point... Here's how

    Select the Exchange to trade on

    Choose your trading pair, enter total $$ (capital allocation), starting order price(48,000) and ending price (42,500)

    Enter Starting size (0.01BTC) and increment Price (buy every $500 down) and increment size (0.01BTC) or 43%

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    This is your entry

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    These are your orders

    After you click send orders, all the orders in that grid will be sent off to the exchange and HOT on the books.

    If I wasn't poor this would work but this is the result:

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    I don't actually have $50,000 to place orders with but you get the gist...

    ​

    One last sneak peak: for those of you who like Binance Futures. It's wired up to get you an entry in about 12 seconds (from what I measured). I called it "Fast Mode"

    ​

    and with 4 clicks.. you're in the market

    ​

    Let me know what you guys think... It has been super valuable for me and made my trading life a lot easier. Would love to hear your comments

    submitted by /u/BabyWhaleNuke
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    Michael Saylor Announced That Microstrategy Has Purchased An Additional 3,907 Bitcoins For $177 Million In Cash

    Posted: 24 Aug 2021 06:24 AM PDT

    Orion Protocol’s Orion Pool Is The World’s First Decentralized Gateway To The Crypto Universe

    Posted: 24 Aug 2021 07:18 PM PDT

    Michael Saylor’s MicroStrategy now holds a staggering 109,000 Bitcoin

    Posted: 24 Aug 2021 08:00 AM PDT

    We are still early.

    Posted: 24 Aug 2021 05:23 PM PDT

    Decentralizing the art industry has brought freedom to artists, enabling them to showcase their works directly to the globe, eliminating unnecessary intermediaries

    Posted: 24 Aug 2021 01:38 AM PDT

    Cardano Price Flirting With $3 (1600% Up YTD!), Here’s Why

    Posted: 24 Aug 2021 07:14 AM PDT

    Poly Network to Pay Back Users Who Lost Money in $610 Million Hack

    Posted: 24 Aug 2021 08:29 AM PDT

    Citizens of Afghanistan Turn to Cryptocurrency to Avoid Economic Turmoil...

    Posted: 24 Aug 2021 04:32 PM PDT

    Yes it can. Yes it will.

    Posted: 24 Aug 2021 01:14 PM PDT

    HUGE CRYPTO NEWS - Citigroup Bitcoin, MicroStrategy Buys More BTC, Blockstream $210M Funding, Tezos Tokenization Adoption, SEC Ripple XRP

    Posted: 24 Aug 2021 06:40 PM PDT

    Are you buying the dip?

    Posted: 24 Aug 2021 05:04 PM PDT

    Seems BTC will drop another 24 hrs till 46k. It might go lower, but if it weren't. What coins did you think 'i wish I had bought them when they were lower? I'm thinking KSM, Dot, Luna, AXS, Sol, and FTT.

    submitted by /u/gavit
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    Ledger Nano S vs Trezor one vs Trezor T vs Ledger Nano X

    Posted: 24 Aug 2021 06:01 PM PDT

    Utopia P2P Introduces Anonymous USD Stablecoin Backed by DAI

    Posted: 24 Aug 2021 10:13 AM PDT

    Quadency vs Bitsgap vs NapBots | Which trading bot is for you?

    Posted: 24 Aug 2021 09:11 PM PDT

    Quadency vs Bitsgap vs NapBots | Which trading bot is for you?

    Posted: 24 Aug 2021 09:08 PM PDT

    ApeSwap’s intuitive features to drive user-friendly activity in the DeFi space. Leveling up the DeFi playground involves opening avenues of cross-chain interoperability

    Posted: 24 Aug 2021 05:53 AM PDT

    Bitcoin, C98, ETH, ADA Price Prediction | Aug 24, 2021

    Posted: 24 Aug 2021 07:34 PM PDT

    Published on YouTube: Blockstream Raises $210M | MicroStrategy Acquires Nearly 4,000 Bitcoin | Crypto News: 23/08/21

    Posted: 24 Aug 2021 10:36 AM PDT

    More steps towards crypto adoption

    Posted: 24 Aug 2021 10:27 AM PDT

    El Salvador is being very serious about accepting crypto. It is about to make the next step in adoption. It is planned to install about 200 ATMs and prepare about 50 bank branches to implement cryptocurrencies. Moreover, it was announced that the official government crypto app Chivo will grant $30 in BTC to everyone installing the application. Do you believe this will be a successful campaign? Will we see a state with crypto as a currency?

    submitted by /u/SimpleSwapExchange
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    The rise of the unsophisticated investor and it's role in the rise of altcoins.

    Posted: 24 Aug 2021 07:01 PM PDT

    Map the "Gamestop short squeeze" on the Bitcoin dominance chart and everything makes sense. There was a sharp upwards momentum in bad (bankrupt) stocks and altcoins around early January of 2021. Every chart in every metric sharply shot up, from online discussion, downloads of investing apps, prices of assets, subreddit activity, etc...

    I think the "memecoin" and "memestock" phenomenon was the rise of the unsophisticated investor who gets their information from other unsophisticated people, usually influencers with large following who are shilling some small market ticker that they own. I think the altcoin market is largely a self-fulfilling prophecy of influencers willing things into existence. Did Cardano go up so much because Bitboy was right? Or did Bitboy push Cardano everyday so much on his millions of follower that it caused Bitboy to become right about the price? Was Elon Musk right about Dogecoin having better fundamentals than Bitcoin, or did he cause the price tp rise by shilling it to his 50 million Twitter followers?

    I think Bitcoin and Ethereum both benefitted from the flood of these new investors, but clearly the smaller cap coins benefitted the most because small cap coins can be moved a lot easier in greater fool theory. I guess the question is whether or not altcoins and bankrupt stocks can keep up their valuations on a longer term basis. I tend to think not.

    submitted by /u/ShotBot
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    Crypto Weekly Outlook: August 23, 2021

    Posted: 24 Aug 2021 02:45 PM PDT

    Engage in non-instanced PvP battles with open voice proximity chat in the Untamed Isles, an upcoming monster taming mmorpg with NFT integration.

    Posted: 24 Aug 2021 06:30 PM PDT

    Anyone notice that Bitcoin transactions have stayed low even though its price has skyrocketed?

    Posted: 24 Aug 2021 12:15 PM PDT

    According to recent statistics, cryptocurrency investors are not shifting their holdings despite Bitcoin's (BTC) price increasing 45 percent in the last 30 days.

    Despite the divergence in on-chain activity over the week ending on Monday, blockchain analytics firm Glassnode issued its latest "The Week On Chain" report on Monday, stating that Bitcoin has continued to climb to new multi-month highs.

    According to the research, Bitcoin on-chain activity, such as the number of entity-adjusted transactions, has remained at historically low levels of between 175,000 and 200,000 daily transactions, despite the continued bullish action.

    After the crypto market meltdown in May 2021, Bitcoin on-chain activity fell to this low point, and it hasn't recovered beyond it since.

    Only a few times in the last five years has the number of Bitcoin transactions been this low, notably during the 2016–2017 bull run, when Bitcoin surpassed $20,000 for the first time. During the 2018–2019 bear market, when Bitcoin's price dropped 85 percent from its all-time high, the same amount was observed. Despite a considerable disparity between growing pricing and limited on-chain activity, Glassnode indicated that overall supply dynamics have remained positive. Long-term holders' Bitcoin supply hit an all-time high of 12.69 million BTC this week, surpassing the previous peak set in October 2020.

    Because of significant "hodling behavior," Glassnode stated in early August that Bitcoin's 50% downward drop in May might not be as worrisome as it was in 2018.

    Personally, I feel like people have started to get over the whole BTC hype and go for more affordable forks like Bitcoin Latinum, I know I have.

    submitted by /u/-Aporia
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