You will encounter this slippage issue in everything you want to trade ... that's why advised trader always try to enter their trade in calm days, to avoid slippage cost (and also to avoid catching a train at midway to the last station)
But I am not interested in acquiring Bitcoin on calm days. I only want to be in Bitcoin, if I think/know that it is about to go shooting up a good bit. Hence, I am only looking to trade breaks or reversals...had I opted to do this on OKCoin Futures, I would have gotten my fill no problems at all.....issues there however, is a faulty order system which means that Stop Orders are often not triggered, which due to the nature of the 10* or 20* leveraged trading, means that positions are liquidated often. Indeed, trading against it's own customers and liquidating positions is likely where the exchange generates the majority of it's profits.......
....there is not one single Bitcoin exchange, which I would say is satisfactory to trade on.
I agree re. crypto markets, just seems like you could carry over what you learned here to less manipulated markets, where you actually stand a chance. Unless this is some kind of Ahab/whale thing for you.
Yeah....gonna have to wisen up and make the mental jump I think......sure, Bitcoin dangles stunning returns in trader's faces, much as the carnival dangles glittering prizes in unsuspecting punters faces, but the games that are on offer, are from the back end, designed to offer very poor odds of success.