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Author Topic: Need a piece of advice form experienced traders  (Read 485 times)
BigBos
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December 15, 2019, 08:39:22 AM
 #41

Are you guys looking for the best rates in the market when deciding to buy/sell Bitcoin or you're bond with the certain exchanges where you have an account?
I prefer to be attached to a market rather than take advantage of other markets when the price goes up or down to buy or sell. however, it is quite troublesome, because we need to move around to sell assets. so far, I have only been tied to one market, but when there is the potential to sell at high prices, I will take that opportunity. I am a trader, so I always aim for the highest profit.
michellee
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December 15, 2019, 08:43:11 AM
 #42

Strategy to arbitrage indeed require a lot of time to continuously monitor market prices, This is because there is very little price difference between one market and another, We must be able to put our eyes on market prices so that we are not negligent to take a best moments.

I don't recommend to do arbitrage trading if we are in the unpredicted market because we can feel hard to analyze the coin price movements. And we also difficult to buy at the right time and send it to another exchange. Besides that, we need to think about how long the transaction will be completed so we can sell it directly to the other exchanges. It is better to stick to one exchange until we can see the chance for us to arbitrage into another exchange.

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December 15, 2019, 09:13:40 AM
 #43

I think there should be analysis and research about the closed market before trading somewhere Because many times it is wrong to declare therefore considering the environment around the Church then it should be traded. That is why one side should be used without trade so if one is damaged then the other will be poured Many bulls should be traded on the exchange side and then traded Otherwise we could lose the money we invested.
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