Sunday, September 10, 2017

Bitcoin ValueBet

Currently I am in the verification process for a US based exchange.
Apparently it can take quite a lot of time.
I am looking into the profitability of value betting the European exchange.

Basically the US one is very sharp, the BTC price there seems to be in line with a Chinese exchange.
So when the EU one is off by 30$ or so, either up or down it's a good time to sell / buy there because it's expected that it will follow the trend.

I am studying the saved data to see if this would've been a good strategy so far.

EDIT:
After studying a week's data I decided that assuming which exchange is the sharpest and only "betting" on one side is too much of a gamble.
Current data shows the European exchange to be the sharp one therefore I will just go the arbitrage route.

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Bitcoin ValueBet

Currently I am in the verification process for a US based exchange. Apparently it can take quite a lot of time. I am looking into the prof...