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Airdrop 21 Valid Participant List
https://forum.staker.network/index.php/topic,965.0.html

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Author Topic: Buy vs Sell spread on Crex24  (Read 550 times)

smiley7

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Buy vs Sell spread on Crex24
« on: September 24, 2018, 07:28:46 AM »

Hey, Stakers!

I'm just wondering - how come there's such a spread between Buy price and Sell price on Crex24? I've been thinking about doing some daytrading (before the cut off, of course... ;D ) but I always get turned down by the price spread - currently it's 0.00000644 ฿ to buy and 0.00000512 ฿ to sell. With small volume there's kind of no point in trading when it's hard to even cover tx fees, much less make profit... :o

Your thoughts?

Thanks!
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matej451

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Re: Buy vs Sell spread on Crex24
« Reply #1 on: September 24, 2018, 10:39:57 AM »

Agree it is hard to do day trading with such big spread. I think big spread is a lack of volume.

But STR token is in a starting stage so i guess we have to wait for development.

More volume will come with more exchange as well.
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clipman77

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Re: Buy vs Sell spread on Crex24
« Reply #2 on: September 24, 2018, 11:11:36 AM »

At the exchange there are very few applications in the glass for both buying and selling, so we see such price fluctuations.I think with time when there will be more buyers, the situation will change for the better.
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ocgio2

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Re: Buy vs Sell spread on Crex24
« Reply #3 on: September 24, 2018, 12:45:50 PM »

This is understandable:
  Exchanger crex24 is a small exchanger.
  STR is in the process of creating a community, the project is in the process of development so the creation of the difference buy and sell is easy to understand.
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smiley7

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Re: Buy vs Sell spread on Crex24
« Reply #4 on: September 25, 2018, 07:39:33 AM »

So you guys think that with increase in demand and trading volume the difference between buy/sell price will decrease?
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matej451

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Re: Buy vs Sell spread on Crex24
« Reply #5 on: September 25, 2018, 01:11:38 PM »

So you guys think that with increase in demand and trading volume the difference between buy/sell price will decrease?

For sue. Tight spread only possible when both sides are strong selling and buying. So i do expect spread will be lower with development or on bigger exchange.
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Raizou

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Re: Buy vs Sell spread on Crex24
« Reply #6 on: September 25, 2018, 08:31:59 PM »

Exactly! Lack of liquidity allows for sudden things in your trades!
This situation in my opinion is not the one you want, right?
Then it is important to keep in mind that because there is no FOMO and BOTS wanting to buy and sell at all times, who owns STR wants to sell the most expensive possible and who wants to buy, or get as cheap as possible...
It's a game of patience! ;)
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smiley7

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Re: Buy vs Sell spread on Crex24
« Reply #7 on: September 26, 2018, 07:40:18 AM »

Good point, @Raizou. I'm not in a hurry to sell anything anyway (at least not permanently anyway...). ;D I guess I'll just wait a bit longer before I start day trading then.
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matej451

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Re: Buy vs Sell spread on Crex24
« Reply #8 on: September 26, 2018, 07:44:06 AM »

I still suggest to hold those tokens. Project seem very good planed, total supply is normal so price might increase a lot above those current level.

HODL
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joquins

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Re: Buy vs Sell spread on Crex24
« Reply #9 on: September 27, 2018, 02:11:18 AM »

Actually on crex24 I will not do that now because I will hold first until the airdrop well end.
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phucdigan

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Re: Buy vs Sell spread on Crex24
« Reply #10 on: September 27, 2018, 12:55:31 PM »

Try placing the buy order at the price you want (the price is lower than the highest selling price) and wait for someone to sell to you.
Then, when the target is to buy, place the order for higher prices and wait for new buyers.
Often this process will take several days or weeks to get profitable with the current trading volume.
But if you trade with a large amount of BTC / STR then the profit will be good, not bad at all.
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Lisa110386

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Re: Buy vs Sell spread on Crex24
« Reply #11 on: September 27, 2018, 08:26:38 PM »

In the near future I'm not going to sell my Staker. I hope when I want to sell a STR, he will already trade on my favorite Bittrex and Kucoin.
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shanacute14

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Re: Buy vs Sell spread on Crex24
« Reply #12 on: September 28, 2018, 03:58:00 AM »

I think it is good to buy some if the market is low then sell it if the market goes up again.
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ocgio2

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Re: Buy vs Sell spread on Crex24
« Reply #13 on: September 28, 2018, 04:43:21 AM »

There is a big difference between buying and selling is normal with the project still in the free distribution phase STR for the community. AD 40 ends. At the time there was no more free STR distributed to the community, the gap between buying and selling would be narrowed
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smiley7

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Re: Buy vs Sell spread on Crex24
« Reply #14 on: September 28, 2018, 08:13:48 AM »

That's it then - no selling for the time being... :) I guess 5k club will have to wait a little longer... ::)
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