ViteX Made Me 1 BTC (70% ROI) in 4 Months!



  • @Michi
    Hi,
    Regarding your questions, I staked most of my VX for dividends but yes I kept some for trading and MM. There are several VX trading pairs that I mm quite often. I can indeed mine a lot more through MM since VX daily release has spiked going into the circle, comparing to how it used to be. But to mine that many VX requires time and effort, I don't devote that much. And you won't be able to mine big if you only have VX, use wise your BTC ETH and other mining eligible altcoins.šŸ˜



  • @CryptoLily
    Thank you for your reaction!

    I decided to give it a try by creating a new account strictly for mining (while leaving my main for dividends).

    I used 0.09 BTC on that new account for mining. Now 2 days further and > 850 vx mined at hardly any efforts. So far (2 days) profit ~ 0.03 BTC. So thank you for your advise!



  • @Michi

    Congrats! 0.03 return on a 0.09 investment in only 2 days sounds too like a dream to me, maybe you should be teaching me how to profit so quickly now haha.



  • @CryptoLily

    Sure! I currently use the assumption that the newly distributed VX are partly used to swap for Vite / USD / BTC / ETH so that people have a countervalue for mining.

    Since the new VX are distributed In the early morning (in my timezone) I expect downward pressure on the prices in the morning.

    Since the number of non staked VX in circulation remains roughly the same , I expect the new VX be absorbed during the day (removing the downward pressure that was generated due to new VX hitting the market.

    So I incorporate this assumption in my strategy:

    • start of the day (with downward pressure on VX) ā€”> buy VX with btc/vite/eth/usd

    • during day:
      ā€”> mine by trading (on the x3 pairs)

    • end of day (without downward pressure on VX price):
      ā€”> sell VX for Vite/ BTC/ETH /USD

    Hope you also find this useful šŸ™‚



  • @Michi

    That's very interesting. I also noticed that price bump but didn't bother so much to test it out. Maybe I should try that as well! Thanks for sharing šŸ™‚



  • Hi there, you said don't get scared off by the announcement that certain areas are not permitted to use this service. My question is I live in the US and my area is definitely one that is included in areas that aren't permitted so am I able to do this?? And if so do I use your referral link? Thank you in advance for any information and help!

    Talk soon,
    CryptoNaire



  • @Crypto_Naire said in ViteX Made Me 1 BTC (70% ROI) in 4 Months!:

    Hi there, you said don't get scared off by the announcement that certain areas are not permitted to use this service. My question is I live in the US and my area is definitely one that is included in areas that aren't permitted so am I able to do this?? And if so do I use your referral link? Thank you in advance for any information and help!

    can use without restrictions
    My Referral Code: 3809022313



  • @Crypto_Naire

    Thats definitely a YES. Like I said, ViteX has no KYC so it won't even know where you opened your account at so how can location become a problemšŸ˜ . And of course you can use my referral code, But I would recommend you to get your own and invite yourself. It costs only 1000 VITE, like 10 bucks. Do msg me if you want a referral code tho, id be happy to share it.



  • @CryptoLily

    Hey Lily congrats. I was interested to know how you are able to mine 2,000 VX each day?



  • @Ollie

    Hi. You can check out their rewards calculation details, which is attached in almost any of their announcements... The key is to place you orders as close to the best sell as possible, and increase the spread, total amount, and time of orders. It's not that hard if you are doing it right, but it does require your attention so you don't end up trading when you just wanted to market make. And those pairs that have extra rewards.... šŸ˜Š



  • @CryptoLily Cool thanks for the information.



  • @CryptoLily and @Michi i have sent you a DM about this as would love to chat about this strategy when you are free.

    Thanks in advance.

    Darren.


  • Banned

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  • Banned

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  • I believe the scott comment above me is a scam, be alert guys



  • VX Coin pump All friends hold



  • @CryptoLily Hello, I'm quite a newbie on ViteX and would really love to get to understand what's Vx and VITE?



  • Vite community vx list now other exchange



  • @Michi hi, just wanted to ask what are those x3 pairs you are referring to?

    *start of the day (with downward pressure on VX) ā€”> buy VX with btc/vite/eth/usd

    *during day:
    ā€”> mine by trading (on the x3 pairs)

    *end of day (without downward pressure on VX price):
    ā€”> sell VX for Vite/ BTC/ETH /USD


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