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Discussion on: A first attempt at Bitcoin trading algorithms

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Stefan Dorresteijn

Yeah, I think a script that watches for big drops might be worth it. Just have it automatically buy when the price drops a certain amount and bounces back. You wouldn't always be buying at the best possible moment but I think you could make a killing in the long run.

I do believe Crypto is a buy & hold play anyway and I'm not planning on selling in the next 5 years so these extra profits don't make a dent in the much larger profit you get from holding for a while.