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Monday, May 25, 2020

DUMPSTER DIVING IN BTC

“Get the trading algorithm Skippy & end the confusion!”

For a holiday, an approximate $460 range in BTC is pretty “Hoover Dam” good
… wasn’t expecting much, but with BTC who knows? … trading conditions today
were very good, with COINEXX leading the way with $1 - $2 bid/offer spreads,
and a RT commission of about 18 cents for 1 BTC … BaseFEX sees spreads
around $3 - $5, and limit orders per 1 BTC will be around $1.80 for 1 BTC … so,
if you’re scalping today off the algorithm, you can make a little more hay via
COINEXX … however, when conditions get a little wilder, that spread at COINEXX
won’t hold, so don’t judge a book by its cover OR a place to trade crypto off of
1 day … as I said yesterday on the Sunday blog update, both houses are
acceptable, and quite frankly there’s no need to have one or the other, have BTC
at both places and don’t worry about it! … this way, you’ll always have the very
best conditions.

 … until tomorrow mi amigos … Onward & Upward!!

Have a great rest of your Holiday weekend everybody!

-vegas


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