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RE: Why I Excluded The Coinmarketcap Price For SBD From The Daily Market Snapshots

in #steemit7 years ago

I think liquidity and trade volumes are an often overlooked aspect of cryptocurrency pricing. It's why you can theoretically make a 100%, 200% or even 500% profit off arbitrage trading some tiny alt-coins across obscure platforms. Wherein reality you might buy the coin and it'll simply never sell.

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Yeah it's a risky game to say the least to send all your coins to any exchange that is willing to look the other way or potentially actively participate in market manipulation lol.