I traded only the ETH/USD pair on Bitfinex for 18 hours.

I traded only the ETH/USD pair on Bitfinex for 18 hours.

By MadMaxx | Psycho Crypto | 3 Jan 2020


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It's no news that Ethereum is in trouble right now.

The price has fallen to a very low point. And stayed there.

Trading volume of ETH has dipped all over exchanges.

And wallets have recorded a new number of closures in the shortest time frame ever.

And right now, only the true followers of Vitalik Buterin's vision still have some Ethereum in their wallets.

With all this bad news floating around, I decided to (foolishly) buy $50 worth of Ethereum.

I knew this move won't be a great idea,but I did it anyway.

And, spoiler alert, the results were pretty terrible.

Trading volumes were low, so it took forever to fill in any orders I put, except they were at the market price.

And I didn't make much money.

I however did trade to avoid losses as much as possible.

And because the prices didn't move that much, I barely even made any trades.

I finished the day with $52. A $2 increase.

This was mostly because I decided to not use any TA and just gut trade.

Anyway, that was my experience!

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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