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There are ways to manage liquidity, even when your position is much greater than the posted or even average liquidity on the market. I've held positions in tok
by ringaroundthetx 9y ago
There are ways to manage liquidity, even when your position is much greater than the posted or even average liquidity on the market.
I've held positions in tokens upwards of 10% of the entire issuance and have been able to move in and out within a few minutes, I usually aim for ~5% of the last spot price.
This is true of any market, just assume there is at least 1 rational actor in the market, what are they seeing that makes them so excited? Warren Buffet - before pivoting to the conservative investment baby boomer guru - bought illiquid discarded companies usually up to 51% of the equity and sold them on the public stock markets at mass profits. In 2017, the international crypto markets are way more liquid than the US equity markets were in the 1970s.