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RE: BTC almost $4,000!!! Will it hit $6,000 or more? Where do I take profits on my Free coins?

in #trading7 years ago

Simple question for everyone: do you prefer to place your buy/sell orders through Coinigy or directly in your exchange (ie. Bittrex) ?

Up to now I've been using Coinigy but I am not sure if it adds delays to my transactions.

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I put my orders using coinigy my exchange is bittrex, usually i do this to find out what happens with my orders in coinigy:

Open coinigy and bittrex in another tab in my browser.
put an order in coinigy
Change to bittrex, this shows a small windows to the right informing how the order is filling up.

The orders are sometimes filled incrementally, bittrex shows that, for example I sell 100 eth but one buyer buys 30 units, another 30 and another 40 bittrex shows the three purchases. Bittrex show every movement in your order.
Coinigy only shows that the order was completed when it was filled to 100% in the last buy.

Sometimes an order seems to be stuck but what happens is that 90% was sold and the remaining 10% is not completed, nobody buys it because for example it lowered the price and they are buying new cheaper orders.

Very interesting observations :)

I will definitely try it. So if I understand correctly, Coinigy is not really adding delay but simply not reporting every movements.

Also sometimes coinigy does not show when the purchase (or sale) was executed, that is fixed by clicking on refresh.
But the command was executed just coinigy does not show it in time

I recommend using refresh button every time you notice an inconsistency between the exchanger and coinigy.

Yeah, I even had an order that was filled that still showed unfilled and I was wondering why it didn't sell when it hit my target price.

Coinigy for Kraken sucks for me, it doesn't just delay my transactions, they fail altogether most of the time, and sometimes they 'fail to execute' but ended up executing. So I ended up double buying. No problems on Bittrex though.

Thanks for your feedback !

It seems ok on Bittrex for me but I had a doubt when I compared Level 2 data from Coinigy to the one in Bittrex itself. Level2 on Bittrex seems to have a lot more activity and to be refreshed more frequently.

I'm 100% sure it's a problem on kraken's side as I'm having exactly same issues when using theirs cryptowatch site.

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