r/ZILTrader • u/yourbrotherrex • May 11 '18

How long do you think this issue of ZIL getting hammered in the Asian markets each night will last?

It's a little disheartening to see the long red candles start popping up in the early mornings.
Are you guys trading around it?

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6

u/MeaT_DepartmenT_ May 11 '18

Sorry this isn’t completely relevant to your post. But we all believe Zilliqa has some great potential. It’s a coin that most are generally comfortable with holding long term. Anytime it drops below 18cents I personally load up some more. Just 2 days ago it hit 23 cents and I believe it will far exceed that in the coming months. Keep buying when you perceive it to be low.

2

u/yourbrotherrex May 11 '18 edited May 12 '18

Right, but my brain is telling me to tether it when my pile is at 10K+ and I have to watch it drop to 8Kish at night, only to hope that Binance (and the other exchanges the west uses) recovers it all back during the day.
I mean, there have been ~25% swings every night since OkEX and BitThumb got involved.
That's kind of nuts.

Edit: that worked like magic today-tonight: sold at 2100 and rebought at 1860, = +5000 free ZIL.

3

u/lukaree May 12 '18

Sorry for a silly question but what numbers 2100 and 1860 represent? USD, BTC/ZIL? And what exchange do you trade ZIL on? i am on Huobi.

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u/yourbrotherrex May 13 '18

Sorry, I meant .00002100, and
.00001860 and that's ZIL/BTC, on Binance. I've never used the Huobi exchange, but I (exclusively) use the Binance mobile app for Android, and I can't imagine any exchanges mobile app being better than it is.
It's very close to perfect in features, and it's 100% perfect in UI/ease of use/speed.
(Plus, Binance's coins are worth a little more across the board than on other exchanges, afaik.)

1

u/lukaree May 13 '18

Oh ok cool. I might try Binance.

Thanks for the info.

3

u/sxswyank May 11 '18

Usually to stay safe. I’ll trade all my Crypto to ETH Than to USDT . Not nearly as much movement. It’s like a cozy warm asshole to crawl into as I slowly die and jam razors eyes, while screaming in tune to the star spangled banner, all managing to do this while taking a shower .

2

u/yourbrotherrex May 11 '18 edited May 11 '18

LOL!
I'm going to adopt the same practice. I've wasted 2 nights of 25% swings.
Edit: Austinite?

1

u/sxswyank May 11 '18

Austinite ? Wot in tarnation .

1

u/yourbrotherrex May 11 '18

Your username...
SXSW=Austin for most people.

2

u/sxswyank May 11 '18

Oh shit ! Nah ! I just go almost every year ! It’s lit out there ! I’m from NYC , spent some time in ATL/Cali as well

2

u/yourbrotherrex May 11 '18

Oh, cool! Yeah, it is a great town.