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Question: When I trade coins I...
Almost always place bids / ask - 30 (47.6%)
Either Place bids / ask Or buy / sell at current market prices - 13 (20.6%)
Almost always buy / sell at current market prices - 20 (31.7%)
Total Voters: 63

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adamstgBit (OP)
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November 05, 2012, 11:18:51 PM
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SgtSpike
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November 05, 2012, 11:25:41 PM
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I find that when I try to speculate on price, I always lose.  So I just buy and sell at market price now.
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November 06, 2012, 02:02:03 AM
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I mostly bought at market price since recently. still never sold any bitcoin yet Grin

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November 07, 2012, 02:26:00 AM
 #4

I don't do short-term speculation, but when I buy bitcoins I usually place my bids at the current best bid price. They usually get executed and that saves me 0.5% to 1% compared to market order.

damnek
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November 07, 2012, 11:33:13 AM
 #5

I don't do short-term speculation, but when I buy bitcoins I usually place my bids at the current best bid price. They usually get executed and that saves me 0.5% to 1% compared to market order.

For me the same, except for when I'm fishing for the bottom. It happened to me more that I got left behind in that situation..
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November 08, 2012, 01:01:40 PM
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I find that when I try to speculate on price, I always lose.  So I just buy and sell at market price now.

there's usually a 0.1 USD spread or so going on. More often than not, placing a bid/ask and waiting for a bit works out just fine.

Only if I really want to sell/buy I take what the market offers.

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November 09, 2012, 12:01:21 AM
 #7

I place bids to buy, and dump at market! But, I'll usually set an ask up a ways from spot if I'm not really trying to sell, just to catch the occasional spike.

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November 09, 2012, 12:16:43 AM
 #8

I find that when I try to speculate on price, I always lose.  So I just buy and sell at market price now.

there's usually a 0.1 USD spread or so going on. More often than not, placing a bid/ask and waiting for a bit works out just fine.

Only if I really want to sell/buy I take what the market offers.
I suppose I just find it not worth it with the amounts of BTC I am dealing with.  It'd be like $2 or something, and I didn't really care about trying to make that much, so I just buy or sell it immediately.
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