Need a piece of advice form experienced traders

[kidis]

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?

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[ChrisPop]

The price difference between exchanges shouldn't impact your trading results significantly enough to consider moving your money around to buy from another exchange unless you are an arbitrage trader who keeps a quantity of dollars on many exchanges and trying to profit from that.

If I were you I'd chose an exchange with the best combination between trust/reliability and fees.

[exstasie]

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?

Arbitraging (trying to profit from the best rates) isn't worth my time. The spreads between exchanges are too small to profit much from.

When there are massive price discrepancies that actually look attractive to arbitrage, it's usually because of insolvency or customer inability to withdraw funds. For example, when Wex.nz disabled BTC withdrawals, the price of BTC started trading extremely low compared to the spot price. Misguided arbitragers deposited USDT to buy up the "low-priced" BTC only to find out the "BTC" was worthless because it couldn't be withdrawn.

So I mainly stick with my chosen exchanges, which for now are Coinbase Pro, Kucoin, and Bitmex.

[dunfida]

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?

If you do mean on buy/sell btc then i do only hang up with a single exchange rather than on multiple ones yet as mentioned earlier if you do pertain with arbitrage then it isnt really worth the time yet

prices on exchange doesnt really differ that much when it comes to gaps/spread between prices.So its not really worth to try or think of. When it comes to best rates then you should not
stress out yourself to this one.

[tippytoes]

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?

If you do mean on buy/sell btc then i do only hang up with a single exchange rather than on multiple ones yet as mentioned earlier if you do pertain with arbitrage then it isnt really worth the time yet

prices on exchange doesnt really differ that much when it comes to gaps/spread between prices.So its not really worth to try or think of. When it comes to best rates then you should not
stress out yourself to this one.

As others have said, arbitraging is really not advisable considering the fees (trading, withdrawal) involved. If you account those fees, you will come up with very minimal profit if not zero. Unless, you find an altcoin other than bitcoin to trade. Because there are some good finds that the price difference are quite big. But you have to be careful as the trading or withdrawal might take too long because for one, there maybe few traders on that market, so you have to wait for considerable of time to sell your coin and once you got it, withdrawal from that exchange is not instant. So it depends on your priorities. But on my end, I don't think it is advisable to waste your time on this if you don't have enough resources.

[harizen]

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?

Instead of getting good results by looking for the best rates, it might destroy your whole funds in the process.

It's not that arbitrage isn't a good method after all but for that to be effective, it needs lots of things to consider. It's not advisable for beginners.

Before we go technical here, what's your goal? We might have a good suggestion instead of playing around with the arbitrage method.

[leowonderful]

While I like to get good rates for trading and buying and selling coins just like anyone else on this planet that's trading Bitcoin, I mostly stick to a few exchanges that I have accounts at as a lot of exchanges that show exchanges that are greater than normal or too good to be true are often not legit or there's some strings attached that makes it hard to withdraw or perhaps something fee-related. I've tried arbitraging in the past, but it's something mostly dominated by bots now and I found it to not be worth my time.

[zeze18]

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?

IF you're looking for pro advices, twitter is the place for you. Pro traders and crypto influencers are sharing their though through their tweets and you could follow many crypto traders that you think is a pro. Also you could follow the official coin accounts to get up to date with their news

[maxreish]

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 am bond with my current exchanges not just because I have an account there but because I have chosen the trusted and established exchanges where I am trading my coins. If you are looking for the best rates, the exchanges I have decided to trade in were included. Focus on your trading strategies, best platforms of a particular exchange is easy to find but the trading success rates depends on you.

[nicolas1979]

Most of us will do that, we need far rate for buy and sell but low in withdraw transactions. That's the work and take time to decide because rate change every minutes/ hours without announcement. Some people with huge fund take the simple, never see rate but analyze market direction. Their profit will close rate/ fee but for this strategy need more than money because patient also needed.

[acdc]

If you are trying to make money from the spread between trades I think you will be disappointed, the money earned from the spread is very small and not worth your effort.
In fact, there are many exchanges that have very high price differences, but the number of transactions is very small and the fees are too high. I think it's best to use reputable trading and have a low withdrawal fee.

[Shimmiry]

Most of us will do that, we need far rate for buy and sell but low in withdraw transactions. That's the work and take time to decide because rate change every minutes/ hours without announcement. Some people with huge fund take the simple, never see rate but analyze market direction. Their profit will close rate/ fee but for this strategy need more than money because patient also needed.

In terms of trading, there's a lot of suggestion styles and techniques came from different person base on their experiences. Trading is all about an exchange of a thing for another thing, but in crypto, this in exchange for coins to different coins that are profitable. In trading there's a lot of tips and techniques one those is knowing what trading, because you cannot enjoy learning something if you don't know what to do, next, is having you must know how to read the graph commonly it gives you a clue when this is the right time to invest. Last is trust to your self even what happens because every failure there's a lesson that you can use in the future.

[the rise]

not if the potential for artbitrage remains below 5% (btc), I prefer to trade it again in the same market, but this is not the case with certain altcoins because the volume of each coin in the exchange market can produce quite a large price difference. In artbitrage many conditions must be understood, there are markets that have higher withdrawal fees such as livecoin and hotbit.

[~Money~]

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?

well my choice is trust and how long they are in business.

 but in todays time, not every exchange is not fully secure  ... even big exchange are also not fully secure to keep funds for long run,after cryptopia hack i don't trust any exchange or keeping funds for long run.lost good amount of alts in cryptopia hack and learned my lessons in hard way.

[jrrsparkles]

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?

Holding funds on wallet: When you are this kind of trader you will look for the best price when selling your cryptos not sticking with any particular exchange but you can't got with a random trading platform so it should be combination of reputation of exchange and its price. This kind of traders will be basically long term traders.

Holding funds on exchanges: Means you are trusting that exchange more and doing trades more often in this case you may not switch exchanges for few bucks which actually cost more expense that your profits from it.

[Yaunfitda]

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?

Of not, there are a lot of exchanges out there, so I don't understand why you're stuck win just one. And to add to that, just a precautionary measure, don't put everything in an exchange though, better have your money in a wallet that you control over with.

It's also good to experiment and experience other exchanges though, regardless of the exchange rate, just saying.

[Wexnident]

Just like what others said, there ain't much difference when it comes to rates across various exchanges. Instead of deciding depending on that, find an exchange where you feel comfortable with and where you could easily access or insert funds easily from your country, be it a local exchange or not.
As for this "bond" you talk about, well, as long as the exchange is reputable, has no bad records in the past, user friendly and has nice customer support, go for it. If i take this right, emotional attachment has no place in choosing an exchange.

[Kupid002]

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?

If there are option that you can buy much cheaper in other exchange even i dont register there i will grab that . That was a potential earnings but before doing that you should review the exchange you want to try and check if theres negative feed back given on that exchange.

[AniviaBtc]

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?

If there are option that you can buy much cheaper in other exchange even i dont register there i will grab that . That was a potential earnings but before doing that you should review the exchange you want to try and check if theres negative feed back given on that exchange.

These topic is very often and common so what you're looking for is easy to find based on the experiences and opinions here. Try to explore here and the answer to your questions will follow. The opinions here are almost the same and is aiming to  help you prevent losses while you perform trading.

I suggest that go deeper from this website, don't rely on what is obvious but the basics of trading will really help you to become a professional trader.

[Reid]

Doesn't matter. As long as it is not above the basis price of all the exchange.
Stay with one exchange. Follow how much per bitcoin is.

If you are talking about arbitrage then it will be a difficult path.
Better to just stay with trading in one exchange then do everything you can to make profit.
That is already risky, you should not put it in higher risk.