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RE: 1/26/2018 The Market View and Trading Outlook
Indicators still point lower, although BTC recovered pretty well from the bottom.
This is how people, who bought from the top the other day felt like today
Lol.. very true, very true... these are the markets that eat up the inexperienced.. When I play in these waters, I play quick short time frames, 1.5% or less limit order profit lock ins ect. I think the main thing that get folks in these markets is 1) buying at the top 2) being greedy and afraid to lock in profits.. I will have to say on a side note though.. that I'm currently liking the little steem market place.. It does not appear as if there are any fees.. so I'm able to work small inefficiencies back and forth making .025 here, .045 there etc.. Not much maybe, 3/10th of a point or so on each trade in either direction, but seems to be slowly working out.
I have to check this internal market out ! So far I have only used blocktrades.us to convert SBD into STeem or other crypto into Steem.
Thanks for the heads up, will try to do that in the weekend :)
Yeah its pretty neat, only SBD to Steem but you can catch a spread of 1%+ from time to time with an average of .025%, volume is low, its a nickel game, but low risk as you can use the SP or steem regardless to power up.. I started playing with it two days ago and have traded up 7 SBD, thus far from the start point.. Like anything else it takes a bit of patience...