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That trick costs a bunch of money in fees though. Volume is still a better measure than market cap. And If you don't like using the volume or market cap, what d
by 6nf 9y ago
That trick costs a bunch of money in fees though. Volume is still a better measure than market cap. And If you don't like using the volume or market cap, what do you use?
- runeks 9y ago> That trick costs a bunch of money in fees though. Only if the exchange in question charges trading fees. > And If you don't like using the volume or market cap, what do you use? Market depth. Looking at the order book to see how much money is bidding on/being sold for bitcoins right now. See my reply to other comments for an elaboration.
- vasilipupkin 9y agomarket depth understates liquidity dramatically because a lot of liquidity is hidden / dark. Nobody is going to show a big order in a super volatile asset.