Below is the BTC post published on November 3 at 14:13.
““Market-making” is a rather difficult thing to explain.
What kind of market you make and how the price will move are both uncertain. And with such a vast range of possible methods, figuring out what form of market-making you’re currently doing requires extensive research into the strategies available.
Most people only know a few ways to trade crypto, and even more only use a handful of technical indicators. Compared with all the strategies available across the internet, the strategies they know amount to less than 1%.
So whenever market-making comes up, unless I can think of a way to explain it, all I can do is take a look for myself.”
You’re welcome to join my Square chat room to read more.
““Market-making” is a rather difficult thing to explain.
What kind of market you make and how the price will move are both uncertain. And with such a vast range of possible methods, figuring out what form of market-making you’re currently doing requires extensive research into the strategies available.
Most people only know a few ways to trade crypto, and even more only use a handful of technical indicators. Compared with all the strategies available across the internet, the strategies they know amount to less than 1%.
So whenever market-making comes up, unless I can think of a way to explain it, all I can do is take a look for myself.”
You’re welcome to join my Square chat room to read more.
