Why is a -4.5 spread considered favorable in the world of cryptocurrency trading?

3 answers

• Dec 16, 2021 · 3 years ago
  A -4.5 spread in cryptocurrency trading is considered favorable because it indicates a significant difference between the buying and selling prices of a particular cryptocurrency. This means that traders have the potential to make a larger profit when buying low and selling high. The negative value indicates that the selling price is lower than the buying price, allowing traders to take advantage of the price difference and potentially earn more from their trades.
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• Dec 16, 2021 · 3 years ago
  When the spread is -4.5 in cryptocurrency trading, it means that the selling price is 4.5 units lower than the buying price. This can be seen as a favorable condition because it presents an opportunity for traders to profit from the price difference. By buying at a lower price and selling at a higher price, traders can potentially make a profit of 4.5 units per cryptocurrency unit traded. However, it's important to note that spreads can vary and change rapidly in the volatile world of cryptocurrency trading.
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• Dec 16, 2021 · 3 years ago
  In the world of cryptocurrency trading, a -4.5 spread is considered favorable because it indicates a significant price difference between the buying and selling prices. This means that traders can potentially make a larger profit from their trades. For example, if a trader buys a cryptocurrency unit at a price of $100 and sells it at a price of $95.50, they would earn a profit of $4.50 per unit. This favorable spread allows traders to take advantage of price discrepancies and potentially increase their returns on investment.
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