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RE: Watch the OTC market
What OTC exchanges is he talking about....would have helped if he included that in the tweet instead of just a pump statement
What OTC exchanges is he talking about....would have helped if he included that in the tweet instead of just a pump statement
He's talking private sales. Like when I approach you at the water cooler and ask you if you want to buy/sell some bitcoin. OTC is not an 'exchange' like a formalized trading location/platform, they're more of a service.
Pretty inaccurate. https://www.investopedia.com/terms/o/otc.asp ... Forex, CFDs etc are all OTC. Bitfinex has an OTC offering for larger clients. Forex is a trillion dollar a day industry, those trades aren't being made "at the water cooler" :)
By CFD do you mean contract for difference?
Preach it!! Stocks of course are traded OTC as well.
I see what you mean and stand corrected. :)
Upvote friend