To gain some experience, I’ve been trading a bit on both the main and secondary exchange, and I’ve noticed a few trends from my trading on each exchange. One of the most interesting things I’ve been doing is that I trade a bunch on both markets, but I don’t try to make any significant trades in either, I buy a few coins and test them. After a while, I’ve run out of coin that I really like so I can keep pushing them up on both exchanges.
The reason for this is a little more subtle, but it’s important to note: On the exchanges, a lot of people buy from each other – that is, if you’re interested in a particular coin or exchange, or if you’re going to buy and hold it, there’s a good chance you’re likely to be traded from the other person on your own marketplace. On a decentralized exchange, for the most part, buyers don’t really know what to expect. They might expect to buy some coin or exchange or altcoin they are interested in on their own, for example, but then if you ask a few questions, they might have little idea what’s going on with that coin, how popular that coin is, et cetera.
There’s also a good chance that if you’re trading on two exchanges at once, you might be trading some coins from one exchange and some coins from the other. If there’s a huge influx of new coins coming into the market, that’s likely happening on the one exchange and on the other, but because it is not widely known which coin to buy or sell on both exchanges, it’s impossible to know which one to focus on when trading.
Also, it’s important to point out that it’s very easy to trade a coin you don’t like on both exchanges. Just because a coin is only traded on the main exchange doesn’t mean you can’t sell that coin on the secondary exchange. It’s not uncommon for people to sell coins to each other and pick up more later, or the people themselves would then sell their coin on someone else’s exchange.
In my early experience, I’ve often noticed people trading on an exchange with a strong bias towards their coin, so they may be trading a lot of that coin on their own. If they get a few dozen coins, then they probably shouldn’t trade much on it because their coin’s going to go up in value faster than the currency they’re trading, and when they trade on top of that
swing trading books 2020, swing trading for dummies book, what is swing trading techniques, swing trading stocks finviz, anka metcalf swing trading stocks youtube