A certain trading data monitoring platform's Twitter API service costs several hundred thousand dollars annually. To obtain efficient and rapid market monitoring data, the cost is indeed substantial. However, many on-chain traders and investment institutions still choose to invest — after all, in this market, information asymmetry equals money. Quickly accessing on-chain movements, tracking large account fund flows, and monitoring contract changes all require professional tools. Well-equipped teams generally have such monitoring services, and although the costs are high, the decision-making time saved and the risks avoided often justify the expense.
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rugged_again
· 1h ago
Hundreds of thousands of dollars a year? That's why I can never keep up with the big players... The information gap is really unmatched.
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ProofOfNothing
· 1h ago
Information asymmetry indeed is money, but hundreds of thousands of dollars a year... I really can't afford this cost.
In terms of data monitoring, I still need to look for alternative solutions.
Only institutions can afford to play this game, what about retail investors?
Can the money earned from decision-making time cover these costs? Feels a bit exaggerated.
API fees are so expensive, no wonder competition in this industry is so fierce.
Basically, it's a game for the wealthy, and the information barrier is getting higher and higher.
Hundreds of thousands a year, how many opportunities do you need to seize to break even?
So retail investors like me should just lie flat, right?
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LiquidityWizard
· 1h ago
nah tbh the real cost is when you DON'T have it... statistically speaking your drawdown probability goes up like 40% without proper monitoring. theoretically speaking it's just rent for staying alive in this game lol
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MetaMisery
· 1h ago
Hundreds of thousands of dollars a year? It's really outrageous, but I have to admit, having this tool and not having it are truly two different worlds.
A certain trading data monitoring platform's Twitter API service costs several hundred thousand dollars annually. To obtain efficient and rapid market monitoring data, the cost is indeed substantial. However, many on-chain traders and investment institutions still choose to invest — after all, in this market, information asymmetry equals money. Quickly accessing on-chain movements, tracking large account fund flows, and monitoring contract changes all require professional tools. Well-equipped teams generally have such monitoring services, and although the costs are high, the decision-making time saved and the risks avoided often justify the expense.