Quant Trading Live Report

Binance eth market to volatile still for Defi automation


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Despite my excitement for this DeFi movement with Eth leading the way, I have confirmed ETH market on Binance is still too volatile to trade. As before some coins in the ETH market, it seem there are fast moving whipsaws that can go against you. As a result, there might be  need for a better way to trade ETH for DeFi moving coins. I still need to figure that out. It seems HODL is a better approach but use scripts or MotiveWave for the signaling and potential entry timing. That all still needs to be figured out. Even the CEO of Binance we have to becareful of this Defi market but the potential is there.
USDT/Tether is better for the above approach for now.
 I have also confirmed that  Binance has added DAI and MKR which are some of the best performing coins in DeFi.
 
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https://quantlabs.net/blog/2020/07/binance-eth-market-to-volatile-still-for-defi-automation/
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