“If you can find traders that don’t want to trade but need to trade, those are great people to trade against.” @quant_xbt joins the Insilico Terminal Podcast to talk about building a crypto HFT business, finding repeatable edges, and adapting as competition catches up. We covered running HFT in JavaScript, trading against forced flows, exchange risk, and why even automated strategies still need human judgment. 00:00 Intro and Early Crypto Trading 05:55 Finding the First Arbitrage Edge 11:31 Running HFT in JavaScript 19:17 Finding Edge Across Exchanges 25:19 Consistent Returns and Hidden Risks 33:53 Research, Automation and In-House Data 38:14 Quant vs. Discretionary Trading 45:29 Volatility, Forced Trading and Finding Edge 51:33 Bitcoin Conviction and Why Altcoins Fail