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Robinhood spread is pretty bad

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by COINS NEWS 115 Views

I noticed that no matter what I would get the highest or close to the highest fill for btc when I had it on recurring so I decided to manually do it this time. I put in a market order and it filled ~ $50 higher than what btc was currently priced at last week. This week I decided to put a limit order in and it would not fill at 22350 when btc was bouncing from 22330-22350. It went down to 22295 and it still didnt fill.

I thought coinbase fees were high but I am getting almost a $50 scalp job using robinhood. Commission free doesnt mean what I thought it meant. I thought I helped them make markets, turns out they just make chumps (me).

Anyway dont be like me and set it to dca, you get really bad fills with huge spreads on robinhood. Anything else is better. Assuming you immediatally send the crypto to your own cold wallet of course ;)

submitted by /u/420osrs
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