Post
Topic
Board Speculation
Re: Goomboo's Journal
by
Bebop
on 22/01/2012, 13:00:18 UTC
Yeah, on the long side, I typically will just straight up purchase bitcoin if it is maxed out.  Having funds at Mt. Gox for longs and Bitcoinica for short is how I play it.

This answer is open to anyone, my question is: when you want to place a long a MtGox do you (a) just press 'buy' at the default price in the text box, or (b) adjust the price down a little.

I've been adjusting down a little, and it takes quite some time to convert the $ to BTC. I usually choose a number half way between the default numbers that gox shows for 'buy' and 'sell'. Is this somewhat ineffective way to do it?


Leave these numbers as default when buy/sell, or make some adjustments?

http://i44.tinypic.com/o5dezd.jpghttp://i43.tinypic.com/sfvt7b.jpg