cycle 3. Stage 1 day 14:
The more the support task of the second exchange progress, the less it looks promising... It advertise having a bunch of pairs but in reality when you start using their API to get more info about those pairs, you discover that few of them are in a state that basically is equivalent of being unavailable.
Many of the pairs that I was planning to use for arbitrage are in this state. So this makes the exchange potential much smaller than expected... I'll possibly reach completion because the experience itself is valuable and allows me to improve the framework to be more flexible and on top of that, this will open arbitrage possibilities between 2 exchanges. This is something that I have never done before and I suspect that this might be easier to pull than what I currently do...
That being said I am very tempted to put the migration effort on hold because reading my new market microstructure book gave me a new strategy idea that could be faster to deploy and faster to generate profit than supporting a second exchange...
Being fast to generate income has become an important criteria to decide on where I spend my time and energy.
I am now on chapter 3 of my new finance book. First 2 chapters were fun to read but now, it has become a math book with a lot of statistics and probability notions. Last time that I have done such type of reading goes back to university. Because of that the book has become cryptic... I did get my old university books on the topic to refresh my mind on those various notions...
The more the support task of the second exchange progress, the less it looks promising... It advertise having a bunch of pairs but in reality when you start using their API to get more info about those pairs, you discover that few of them are in a state that basically is equivalent of being unavailable.
Many of the pairs that I was planning to use for arbitrage are in this state. So this makes the exchange potential much smaller than expected... I'll possibly reach completion because the experience itself is valuable and allows me to improve the framework to be more flexible and on top of that, this will open arbitrage possibilities between 2 exchanges. This is something that I have never done before and I suspect that this might be easier to pull than what I currently do...
That being said I am very tempted to put the migration effort on hold because reading my new market microstructure book gave me a new strategy idea that could be faster to deploy and faster to generate profit than supporting a second exchange...
Being fast to generate income has become an important criteria to decide on where I spend my time and energy.
I am now on chapter 3 of my new finance book. First 2 chapters were fun to read but now, it has become a math book with a lot of statistics and probability notions. Last time that I have done such type of reading goes back to university. Because of that the book has become cryptic... I did get my old university books on the topic to refresh my mind on those various notions...
