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/biz/ - Business & Finance

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9270743 No.9270743 [Reply] [Original]

If I wanted to purchase a large amount of a single crypto...say a 6-7 figure dollar amount...or at least $50k worth....What would be the fastest way of doing that? Wont it take forever for exchange orders to be filled if I put an order for such an amount?

>> No.9270786

Market buy.

>> No.9270795

Get in touch with the mtgox guy.

>> No.9270827

>>9270786
how long would that take?

>> No.9271127

>>9270827
Idk if you're serious but if you are. Do not fucking market buy.

>> No.9271163

>>9270827
1 mouseclick, and you get to enjoy some green wojaks and bart memes on /biz/ afterwards

>> No.9271312

>>9271127
then what should I do?

>> No.9271344

>>9270743
Market buy on high caps probably wouldn't move the needle too much.
Market buy on low cap and you will blast off into andromeda. Gravity is a bitch though

>> No.9271351

>>9271312
assuming it trades on multiple exchanges, place several limit orders on several exchanges and wait

>> No.9271370

>>9270743
if you don't know how to answer this brainlet-tier question, perhaps you should ask yourself why you're throwing large amounts of money at crypto in the first place
fucking moron

>> No.9271386

Buy it otc from a whale
Id recomend xmr

>> No.9271410

>>9271370
I learned a shitload about economies when I went all in. It's like a crash course in market function.

>> No.9271439

>>9270743
50k is nothing. Buy bitcoin. Then buy nano.

>> No.9271451

Tell me the coin and I'll tell you how long it'll take

>> No.9271454

Buy OTC

>> No.9271479

>>9271451
XMR

>> No.9271506

>>9271479
you could comfortably buy mid 6s figures worth in less than a day without disrupting market prices. Monero is extraordinarily quiet right now though