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Wednesday, January 22, 2020

OIL CLOBBERED … BTC DITHERS

“When the market tries running somewhere … Yea? … where!?”

Oil gets pounded cuz of the coronavirus … meanwhile, it doesn’t bother stocks
cuz STFU AND BUY MOAR! … crypto dithers, and acts like the kid running to
somewhere, but doesn’t know quite where that somewhere is … confused yet?
… no shit Sherlock!

Another day of BTC just dying on the vine, and refusing to put in any kind of
range … and speaking of BTC, over at Coinexx the trading conditions in BTC are
better than PRIMEXBT, there’s only one small problem … that problem is MAX
leverage of only 5X … while it costs about $9 - $13 to trade BTC at PRIMEXBT,
depending on your volume, over at Coinexx it’s going to be about half that … but
what you have to be very careful about with Coinexx, is if the market gets the
least bit volatile, they’ll blow the bid/offer spread out to unheard of levels,
sometimes to between $75 - $100! … and if you happen to be in any position, this
is gonna piss you off to no end … I haven’t seen that at all at PRIMEXBT.

So, there is an alternative for better trading conditions in BTC than PRIMEXBT,
but it comes at a price … just thought you should be aware of what’s out there
… as far as oil goes, PRIMEXBT CAN BE WRITTEN OFF AS AN ACCEPTABLE
OIL CFD … today sees the bid/offer spread + commissions = upwards of 7 cents
per barrel … that these people are fools, there is no doubt … let them sit there
and pay for LP access and have nobody trade it, and they’ll still sit there and
scratch their dumb ass heads and wonder why.

… until tomorrow mi amigos … Onward & Upward!!

Have a great day everybody!

-vegas


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