What's Next on Coinbase, Bitcoin Volatility, and Decentralized Governance
Today let's talk about the rapidly declining Bitcoin volatility (who needs a stablecoin when you have BTC?!) and what's next on Coinbase. I recently made a portfolio move based upon an educated guess for the next Coinbase addition, and I'll walk through my logic (or lack thereof) for the decision. Also, let's check out the latest experiment in decentralized governance.
Bitcoin volatility hitting a low:
https://www.theblockcrypto.com/2018/11/13/bitcoins-volatility-is-hitting-its-lowest-level-in-two-years-and-it-is-forcing-traders-to-shakeup-their-strategy/
Decred Governance Votes:
https://medium.com/politeia-digest/politeia-digest-issue-3-oct-31-nov-6-2018-44308c973fde
Margin trade crypto to hedge your portfolio (only for advanced investors and traders):
Bitmex - https://www.bitmex.com/register/9taqGR
Buy and Trade altcoins on Binance - https://cryptobobby.com/binance
Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
https://cryptobobby.com/ledger-amazon
Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger
Get a Free Trial of Coinigy (the trading/charting software I use):
https://cryptobobby.com/coinigy
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https://steemit.com/@cryptobobby
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Portfolio Tracking:
Blockfolio - https://www.blockfolio.com/
CoinTracking.info - https://cryptobobby.com/cointracking
Bitcoin.tax - https://cryptobobby.com/bitcointax
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
I think this reporting is actually a lagging indicator of sorts. I'm finding the volatility is picking up recently - the trades I'm getting with some of my algorithms are heading over 1%'s where over the past few months, it's been 0.5 to 1%...
This is without any tweaking in algorithms or other factors - just an anecdotal noticing by me that trades are resulting in a higher percentage of profit per trade. I probably should do some analysis of frequency of trades to see if there's any meat to my anecdotal impressions.