Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
ooli · 3000 days ago · link · · parent · post: Kraken's idiotically slow verifiation process has cost me 800 potential dollars this week
In the business that's called frictional cost Before trading you should be aware of those cost. A high slippage cost on a market with low liquidity will ruin your chance faster than bad decision. You should then opt for a very long term investment strategy. The raise of almost instant fiber cable transmission a few years ago was the only reason High frequency trading became a thing. The less slippage, the more operation you can make without being ruined. If ethereum is that bad of a market (800$ slippage/ operation).. buy and hold.