How To Day/Swing Trade Crypto Tips and Tricks

in #investing7 years ago

Check out one of my trades today!

I will do my best to give tips, using some of my own trades. Anyone can give tips and tricks that they read or saw. I won't do that to you guys.

Cheers,
@clayford08

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Great information and very interesting to think about. When you are making these trades, is the site taking a cut as well? I am very new into cryptocurrency (just started after I met your wife) so I'm trying to figure this out. I noticed that when I bought some bitcoin, there was a fee associated with that. Then when I bought STEEM with bitcoin, there was a fee associated with that as well.

The exchange makes a very small percentage of every trade but also with Bitcoin the transaction fees that go to the miners are fairly high.

I'm getting addicted to these swing trade vids. So is the stress as you said doing it. Thx

I am unsure this could work. It worked for you, @clayford08, but you are trading with a big account.

I think that, when price is rebounding quickly at the same levels for a while, main cause is spread for market makers.

Many people just hit the "Market price" when buying. There the market maker recovers their BTC and automatically put them on the other side. As market makers, they are operating with really huge amounts, and orders are executed -for the taker side- in a first in-first out.

As the market-maker is operating with a bot, most of the times the first order will be the market-maker one.

What I wanted to say is that very often those with small orders will never see theirs executed -filled-.

You're not completely wrong but a market is first come first served. Therefore, the value of the account doesn't matter. Also, trading with larger amounts is actually more difficult. Larger orders take longer to be filled.

Will watch the whole vid once arrived home.. Nice job @clayford08

Awesome post good tips

You watched an 8 minute video in 30 seconds?! Impressive!

Haha - I'll watch it when I get home from work.

Commenting so I can if your post again.

Thanks bro