The Smart Trade 9/20/17 - CAT down 31% relative to BTC (but I'll pass because of Etherdelta)steemCreated with Sketch.

in #cat7 years ago

I have a simple strategy to build my quantity of Bitcoins. When a good coin/token goes down 30%+ relative to BTC, I like to take a stake in it. When something goes up 20%+ I like to sell it. I bought Blockcat (CAT) during their ICO and had some chances to sell it but because their main listing is on ETHERDELTA I decided to just hold it and hope they list on a better exchange.

Etherdelta has too many coins that can't get listed elsewhere and it has low volume and a lot of price manipulation. In short, I can't wait to get rid of CAT. I can't even trust Etherdelta to credit my wallet properly.

How do you guys feel about Etherdelta? Do you trade there?