NBS on Nostr: Stories like this are why crypto will always be a market worth trading. Thread about ...
Stories like this are why crypto will always be a market worth trading.
Thread about two scalpers who found a mechanism on a new exchange which allowed for a consistently profitable strategy.
TLDR: The exchange mechanism allowed guaranteed bids/offers on a price level given enough size traded on the bid/offer. These two folks learned about the mechanism and used it to make money.
A good read for traders out there to understand how professionals make money: https://x.com/0xPasteke/status/1872402972652573097
Thread about two scalpers who found a mechanism on a new exchange which allowed for a consistently profitable strategy.
TLDR: The exchange mechanism allowed guaranteed bids/offers on a price level given enough size traded on the bid/offer. These two folks learned about the mechanism and used it to make money.
A good read for traders out there to understand how professionals make money: https://x.com/0xPasteke/status/1872402972652573097