Sandia
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August 21, 2014, 11:37:08 PM

Watching the order books on BFX today, the spread was pretty awful for hours.  It would have cost you $2.70 from the highest bid (not including exchange fees) to buy 1btc.  About $1.70 spread and another buck to gather 1btc from small bids.

What is the strategy if you are doing 100btc or 500btc trades?  In most cases, you are going to lose $2-10 on slippage.  Just sell a few coins at a time as you get close to your exit?  Or only do large trades on big movement?