Post
Topic
Board Marketplace
Re: OTC and Bitcoin whales.
by
MetalGear
on 30/09/2019, 23:11:43 UTC
Is OTC beneficial for large-scale traders i.e. sharks or whales; whatever you want to call them or is it a safe haven for small traders.
OTC is eitherway beneficial, OTC desks deal with a large network of mining operations and exchanges in order to serve as market makers and provide liquidity for trades. The most important thing and what will define your trades direction is your knowledge about the field, you need to know a lot about trading so only you could tell wheteher your trade will be successful or not. Lacking of knowledge about the business might bring you unfortunate downfalls for other correctors might try to outsmart you. For large investors OTC is better since they can avoid exchange scamming, and its more preferred by whale investors.