Viewing a response to: @l0k1/re-contentjunkie-re-charlieshrem-why-you-should-not-trade-on-exchanges-buy-sell-tips-by-charlie-shrem-20161012t165221095z
How is accumulating a highly volatile and incredibly immature currency in constant decline not taking on more risk? What kind of timeframes are we talking here for accumulation? I'm having a real mental block getting over that hurdle. I must be missing something.
| post_id | 1,163,180 |
|---|---|
| author | contentjunkie |
| permlink | re-l0k1-re-contentjunkie-re-charlieshrem-why-you-should-not-trade-on-exchanges-buy-sell-tips-by-charlie-shrem-20161012t165906570z |
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they accumulate lots of these from many different cryptos. it balances out, i'm pretty sure. they probably have to trade things in and out as they move against each other but because they hold a big bag of everything, they are not influencing the exchanges as much.
| post_id | 1,163,236 |
|---|---|
| author | l0k1 |
| permlink | re-contentjunkie-re-l0k1-re-contentjunkie-re-charlieshrem-why-you-should-not-trade-on-exchanges-buy-sell-tips-by-charlie-shrem-20161012t171038370z |
| category | steem |
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| created | 2016-10-12 17:10:39 |
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| root_title | "Why You Should Not Trade on Exchanges - Buy/Sell Tips by Charlie Shrem" |
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I would love to see the algorithms monitoring that and what happens when there is major market move that skews their books. I'm picturing one of those red siren lights going off in an office. Maybe it's as mundane as some trader uttering, meh, and then presses a button though.
| post_id | 1,163,286 |
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| author | contentjunkie |
| permlink | re-l0k1-re-contentjunkie-re-l0k1-re-contentjunkie-re-charlieshrem-why-you-should-not-trade-on-exchanges-buy-sell-tips-by-charlie-shrem-20161012t171611881z |
| category | steem |
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| l0k1 | 0 | 10,855,972,383 | 100% |
yeah, from what i've seen with shapeshift, the red light sounds like about how they operate. 'balance approching zero, warning, warning!'. about 1/4 of the time i go to do an exchange through them, they say they can't accept even my small trades. and nobody works night shift there.
| post_id | 1,163,299 |
|---|---|
| author | l0k1 |
| permlink | re-contentjunkie-re-l0k1-re-contentjunkie-re-l0k1-re-contentjunkie-re-charlieshrem-why-you-should-not-trade-on-exchanges-buy-sell-tips-by-charlie-shrem-20161012t171749877z |
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| tuck-fheman | 0 | 1,111,076,233,323 | 100% |