Post
Topic
Board Service Announcements (Altcoins)
Re: 【 BOT 】 C.A.T. Cryptsy Automatic Trader 1.0 Official (9 Copies@0.8)
by
Sampey
on 05/02/2017, 17:18:26 UTC
- % Min Gain have his meaning for each market.
Ex :
LTC/BTC
Best Sell : 0,025
Best Buy : 0,0249
Difference is : 0,0001
% Difference is : 0,4%
 
DOGE/BTC
Best Sell : 0,00000111
Best Buy : 0,00000110
Difference is : 0,00000001
% Difference is : 0,9%

So, choosing 1% for LTC/BTC could be a good idea, choosing 1% For DOGE/BTC could be a bad idea.

Please explain, why is the LTC/BTC better for choosing 1%? I see that profit on the DOGE/BTC is more than 0.5%
Thanks

This suggestion must be read in different way :

- DOGE/BTC is a 1 satoshi market spread. If current spread is 0.9% put a 1% could cause the result that your PONG will be in second position market.
Doge/BTC is a market where it's better to trade on top. Current best prices are always a buy/sell wall.

- On LTC/BTC (always from my example) there's always 1 satoshi difference but we are talking about a market where best buy/sell prices have at least hundreds of satoshi difference between buy/sell price.
And if you check MAX/MIN Daily market values you could calculate the % Diff between these values and you will see that it could be +/- 5%
In DOGE/BTC MAX/Min value % SPREAD will be probably a constant of 0.9%