Perhaps another way of thinking about it is in terms of being a market maker ver... | Hacker News

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		kandalf on March 9, 2017 \| parent \| context \| favorite \| on: The Stack That Helped Opendoor Buy and Sell Over $... Perhaps another way of thinking about it is in terms of being a market maker versus a speculator. I think of Opendoor as more like the former, where traditionally a flipper refers to the latter.

amalag on March 10, 2017 [–]

Market makers make money on the spread and facilitate liquidity. Speculators hold an asset (sometimes short term) for a rising price.

Flippers traditionally do benefit from a rising market because of longer hold times.

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