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RE: 2nd Best Crypto? - Wax - Inflation - 306
By takers order you mean market order?
I am sure that 30% went VERY fast! lol I would have liked to have taken it but I think if I do a lease my powerdown stops.
I think coinbase no longer accepts credit card or credit cards won't let you send money to Coinbase. One of the two.
You're probably making more than me but I do enjoy having Steem voting power. lol
The 30% didn't go through, since there is none in the overview of activated delegations listed at that APR. Btw why would you do a power down? Want to sell Steem?
I once used my Mastercard on Coinbase. Holy shit that was expensive. It was over 7% costs in total. That's really not worth the ease of using a CC card. Just wire some money, that's easy enough. Only, please don't use Coinbase to buy your BTC etc. Wire your money to Coinbase. Then transfer it to Coinbase Pro. You will have no/almost no costs. Even sending e.g. BTC to Binance has no costs attached. In Coinbase you would pay a lot (bad rates + I believe 3% on top, and if you send it to Binance, you pay another 15 USD per transaction), and it's just a simplified front end of Coinbase Pro. Coinbase Pro is a tiny bit more complicated, but check a 5 min youtube video and you know how to use it.
Here is an explanation of a Maker vs Taker order:
Maker order: you look at the price someone is wanting to sell you the crypto you want, and you accept the price.
Takers order: You don't want to pay the current price someone is willing to sell his crypto. So you propose a lower price and how that it will be filled in the future. Since cryptos fluctuate a lot, you can set a takers order right below that first maker price. Chances are, it will get filled rapidly.
I do a powerdown so I can have more Steem to hire bots and try and get delegations.
https://www.minnowbooster.net/users/neddykelly/delegations
It was the least for 200 I think. Maybe it was "only" 26.5% but I remember seeing 30% listed.
Your comment might make a good blog post. lol
Do you have a Paypal account?
Generally from what I have seen maker orders are normally called market orders and taker orders are normally called limit orders.
You normally do Maker orders?
Well, I simplified it a bit, as there are more options. Most of the time I place an order below the current market valuation. And I just wait. Sometimes an order goes through right away, sometimes it takes months, or maybe it never even happens. However, when I really need a certain crypto, and it's pretty clear it's going up, with little chance of going down, I order at market price.
It depends on the way you invest in cryptos. I study the cryptos, look at the valuation, and set a price I would like to get it at. If I get it, great. If not, no problem. I just like taking positions. I'm not a day trader. I do a little bit of swing trading. But mostly I hold for the long term.
Maker orders are called like that, because they 'make the market'. Without markers orders (buy or sell), nothing gets sold or bought. Hence the name.