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Sunday, June 7, 2020

SUNDAY UPDATE: DON’T OVERPAY TO TRADE

“I overpaid to make a trade, then told my BFF about it!”

Don’t overpay to trade! … it’s like throwing cash out the window of a moving car
… if you want to give money away, you got my BTC wallet address … under
“normal” trading conditions, COINEXX is going to have the very best trading
conditions for BTC … spreads UNDER $3 many times UNDER $1, with
commissions pennies that make no difference … however, throw in SHTF and
BTC goes up/down multiple hundreds of dollars to as many as one thousand
dollars in 1 - 3+ minutes, and that spread can go to $50 - $100 … doesn’t matter
if you’re a winner or loser, that kind of spread brings plenty of pain.

BaseFEX is always going to be somewhere between $5 - $10 most of the time,
regardless if SHTF or not … the obvious solution is to have accounts at both for
BTC trading … as well, PRIMEXBT is there at about $12 - $15 pretty much all the
time except under extraordinary circumstances where the moves are in the
thousands, and then they will mirror COINEXX … point is, though, have
accounts where you can always get trades off regardless the circumstances of
price movement.

Directly below, this week’s “FX & CRYPTO VIX MATRIX TABLE”, followed by the
20 Day Range MA’s for BTC & ETH.

click on ANY table or chart to enlarge

CRYPTO
BTCUSD


ETHUSD


Onto the BTC week! … until tomorrow mi amigos … Onward & Upward!! 

Have a great rest of your weekend everybody!

-vegas





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