Post
Topic
Board Beginners & Help
Re: Newbies, stay away from altcoins. please
by
valdepretium
on 02/01/2014, 23:45:05 UTC
oh, and another thing, be careful on btc-e, its controlled by big holders and the prices are usually fixed by their bots, trade with extreme caution and don't be tempted to sell/buy when some price change is happening.
(Its really easy to see how the bots work there.. ever tried selling at the top of the orderlist? a bot will automatically outbid your order making you to change or consider(psychological affect) changing your order to sell lower (or buy higher when you are buying) those outbids will automatically appear the second you hit the button with an amount looking like this - 216.98147513)

Thanks for the info, interesting. I've been trading a bit on btc-e, made a some good trades, but a few bad ones too. Trying to playing the market is stressful!