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Topic: Anyone doing arbitrage? (Read 440 times)

member
Activity: 686
Merit: 30
January 27, 2019, 10:42:03 AM
#27
arbitrage are good trading system , but you really need to carefully about the network , when it was busy , u will get loss
copper member
Activity: 168
Merit: 42
nothing is impossible
January 27, 2019, 08:50:09 AM
#26
I agree with some remarks. To be able to do arbitrage well lots of things need to be taken into account.

- You need a decent amount to start. I wouldn't start arbitrage with less than 10,000$
- You need to be registered on at least 10 exchanges.
- You need to sufficient money on every exchange.
- you must take all fees in to account. Fee on buy, fee on sell, fee on transfers from one exchange to another.

I do like arbitrage but I rather like it in sports betting.
full member
Activity: 574
Merit: 102
https://adonx.one
January 27, 2019, 04:43:57 AM
#25
Arbitrage can be good way to earn profit but seem complicated to do, because we have to create alot of different exchange. This trading strategy just promosing  small profit, and we have to use exchange that has high trading volume to get better spread. We have to know the transaction fee of exchange as well.
legendary
Activity: 1596
Merit: 1011
December 27, 2018, 11:32:04 PM
#24
Arbitrage trading is good but you have to learn how it works as other forms of trading.  Arbitrage also entails risk and you can lose all your investments if you did not know how it works like other trading.  Remember that it is few people that really make money from trading and that is those that are ready to develop their skills and knowledge about trading.  I recommended this sites for you as I have used them before and most of signal give over 10% profits in a single trade. https://arbiswap.com/cryptocurrency-arbitrage/
I think at the moment to do arbitration requires an ability and when you see it on many exchanges it might be much harder than it was a few years ago.

2 years ago there was still very little competition so sometimes there were quite a lot of differences on some exchanges. But now competition is so tight that arbitration is a complicated matter, a lot of the costs incurred and arbitrated at this time are not something worth it. Do a much more meaningful job, buy Bitcoin and some Altcoin can be done to get profit margins.
hero member
Activity: 1008
Merit: 501
December 27, 2018, 10:56:45 PM
#23
For me, arbitration trading is a good way to generate profits, but we will very rarely be able to find a price difference that is quite far from each market. In addition to promising good profits, arbitration also has a large risk of loss because sometimes the length of time the transaction process becomes a constraint.
Arbitration must also look at the existing market conditions. when bearish occurs it is not recommended to arbitrate because prices move very fast to down. You won't be able to take advantage of the margin. Because prices change so fast. especially the factor of expensive fees and the speed of transactions that are maybe slow
member
Activity: 67
Merit: 24
December 27, 2018, 01:00:54 PM
#22
Arbitrage is a game of high speed and big money. Retail traders like like us have none of these. Unless you are doing some triangle or pair trading, forget about arbitrage.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
December 27, 2018, 09:59:36 AM
#21
For me, arbitration trading is a good way to generate profits, but we will very rarely be able to find a price difference that is quite far from each market. In addition to promising good profits, arbitration also has a large risk of loss because sometimes the length of time the transaction process becomes a constraint.
we have to calculate withdraw fee and network between two market and also dont forget about network speed when we start to arbitrage.when both of this factor not working we could loss.
sr. member
Activity: 882
Merit: 282
December 27, 2018, 02:53:02 AM
#20
Arbitrage trading is good but you have to learn how it works as other forms of trading.  Arbitrage also entails risk and you can lose all your investments if you did not know how it works like other trading.  Remember that it is few people that really make money from trading and that is those that are ready to develop their skills and knowledge about trading.  I recommended this sites for you as I have used them before and most of signal give over 10% profits in a single trade. https://arbiswap.com/cryptocurrency-arbitrage/
legendary
Activity: 1554
Merit: 1054
December 27, 2018, 02:28:22 AM
#19
The problem is the arbitrage difference is usually grabbed by the automated bots so they just keep a close look at those type of differences and buy/sell at the right time making it impossible for people like us to manually get into arbitrage, that is why you should keep focusing on researching real good coins and even would be fine if you keep buying the high end coins at top 5 as well instead of learning how to do arbitrage. That would be different of course if you could grab bank accounts in couple different nations and have a decent amount of capital to start, than you can search for local exchanges and take advantage of that.
Yes, the price gap we do spot for the opportunity of arbitrage, may get settled down very quickly before we are able to make use of them. One probable reason for that is, now a days a lots of trading bots are being incorporated into trading and they must be efficient enough to spot those gaps before a human eye could catch.

I have done few successful arbitrage trading but only with physical exchange including. When my country's bitcoin prices is trading in gap from the international rates, I have tried to make use of that. Sometimes I got lesser profit than what actually I have figured out, but something is better than nothing for our efforts. But, it is a tedious process still interesting one.
legendary
Activity: 3808
Merit: 1723
December 27, 2018, 01:57:52 AM
#18
A few years back there was tons of money to be made by doing arbitrage, especially with the altcoins.

Many exchanges had 2% or so spreads and if you held most of those altcoins on different exchanges you could of set up some API monitoring and got alerted to a price difference and took advantage of the opportunity, right now, its almost impossible to do.

One thing you can do is just make a Bitmex account and become a market maker for the alt coins futures and depending on which month you choose you can collect a 2-3% gain just by holding the position open for a few months. Very low risk but small reward.
sr. member
Activity: 572
Merit: 250
December 27, 2018, 12:50:28 AM
#17
Hi folks,

Willing to start considering this option to make some decent profits. I have a short experience, but none in cryptocurrencies.
I have been using Bitstamp for trading (very satisfied with it). Now willing to try arbitrage:
-any software available?
-any recommended exchange to use with Bitstamp?
-any other tips?

Thanks for the constructive replies.
Some people talk about Cryptocurrency arbitrage like it’s easy, but it is not. When you start you will get to know what I’m saying, but with proper training you will get to know how to do it better. You buy a cryptocurrency on a lower price and then sell it immediately for a higher price on a different market. You might want to read an article on medium that explains everything about arbitrage, here is the link cause I don’t have time to explain it. https://medium.com/@danmartin555/cryptocurrency-arbitrage-how-does-it-work-2230c1ee271f
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
December 26, 2018, 05:21:41 PM
#16
Arbitrage used to be more profitable some years back. Although It's still profitable but not so much. The cost of moving BTC/tokens/coims back and forth diminishes the possible return. But I'd suggest you try pairing Bitstamp with either Binance, Bittrex or even Bitmex. These exchanges has plenty of liquidity to support arbitration.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
December 26, 2018, 02:26:58 PM
#15
I've noticed recently that there has some good opportunities between Kraken and Coinbase Pro for arbitrage. In some cases there have been up to 10 Euros difference for BCH for sustained periods of time.
copper member
Activity: 168
Merit: 42
nothing is impossible
December 26, 2018, 01:23:11 PM
#14
-any software available?
-any other tips?
I am not busy with it but there is a program called tabtrader, you can follow the price difference in several exchanges. Also working with the API key will make arbitrage very easy but be careful with it.
-any recommended exchange to use with Bitstamp?
If you want to be busy with arbitrage, you should register many exchanges as you can. Because as you know, arbitrage takes advantage of the price difference.
Besides that, I think arbitration has a very big risk, especially in the transaction period. the longer the transaction is done, the less likely we are to get a profit because the market price can even change every minute, even seconds.
Transaction times causing changing price is the main difficulty indeed. That's why it would be great to have some members here willing to share their personal experience about arbing.
Main thing is: people won't share a winning recipe (which I can understand), But just a few tips would be more than welcome Smiley
 Cheers.

I think to be able to do decent arbitrage trading In crypto you must make sure you have sufficient balance on every exchange. If I would consider arbitrage in crypto I would make sure I have at least 1000$ on 5-10 different exchanges. I think this is the only possible way. cause transactions between different exchanges may take to long and the arb with already be gone before your money is on the exchange to execute the sell
copper member
Activity: 168
Merit: 42
nothing is impossible
December 26, 2018, 01:21:33 PM
#13
I havent tried arbitrage in cryptocurrencies as well. But i am familiair with iT and i know iT can bring Good profits. Until now i only did arbitrage in sport betting and i am very satisfied with the results. So i would also consider to start doing arbitrage in crypto if there is software as Good as i use for sport betting.  The software i use for sportsbetting had auto login feature for all linked bookies which makes the process for placing an arbitrage very fast executed.

Was it the software BetBurger?

I used it for a while, but I know in sports betting it is not necessary to use a software, I find it doable to use odds monitoring portals and place my arbs manually.
I am curious to see if it is possible to do it in the crypto world too.

I have a subscription on the value betting and arb betting software of rebelbetting. I used to use bet burger as well but since 1 year I switched to rebelbetting. I sometimes can find some manually as well but I love their platform cause they have an auto login feature. for arbs it sometimes is a matter of seconds, minutes. by using rebelbetting it auto logins into the right book maker account and mostly also fills in the bet slip.
hero member
Activity: 1148
Merit: 527
December 26, 2018, 01:04:14 PM
#12
Abritrage is such a tiny niche part of profiting while trading that it really doesn't worth for any human to follow and do that unless they have bank accounts in multiple different countries.

The problem is the arbitrage difference is usually grabbed by the automated bots so they just keep a close look at those type of differences and buy/sell at the right time making it impossible for people like us to manually get into arbitrage, that is why you should keep focusing on researching real good coins and even would be fine if you keep buying the high end coins at top 5 as well instead of learning how to do arbitrage. That would be different of course if you could grab bank accounts in couple different nations and have a decent amount of capital to start, than you can search for local exchanges and take advantage of that.
member
Activity: 322
Merit: 43
December 26, 2018, 09:09:42 AM
#11
-any software available?
-any other tips?
I am not busy with it but there is a program called tabtrader, you can follow the price difference in several exchanges. Also working with the API key will make arbitrage very easy but be careful with it.
-any recommended exchange to use with Bitstamp?
If you want to be busy with arbitrage, you should register many exchanges as you can. Because as you know, arbitrage takes advantage of the price difference.
Besides that, I think arbitration has a very big risk, especially in the transaction period. the longer the transaction is done, the less likely we are to get a profit because the market price can even change every minute, even seconds.
Transaction times causing changing price is the main difficulty indeed. That's why it would be great to have some members here willing to share their personal experience about arbing.
Main thing is: people won't share a winning recipe (which I can understand), But just a few tips would be more than welcome Smiley
 Cheers.
member
Activity: 459
Merit: 10
December 26, 2018, 09:01:55 AM
#10
Hi folks,

-any software available?
-any recommended exchange to use with Bitstamp?
-any other tips?

Thanks for the constructive replies.
I think we should do it manually. Because our market is always changing, so a software can't help you make a profit forever.
full member
Activity: 322
Merit: 100
December 26, 2018, 08:04:42 AM
#9
-any software available?
-any other tips?
I am not busy with it but there is a program called tabtrader, you can follow the price difference in several exchanges. Also working with the API key will make arbitrage very easy but be careful with it.
-any recommended exchange to use with Bitstamp?
If you want to be busy with arbitrage, you should register many exchanges as you can. Because as you know, arbitrage takes advantage of the price difference.
Besides that, I think arbitration has a very big risk, especially in the transaction period. the longer the transaction is done, the less likely we are to get a profit because the market price can even change every minute, even seconds.
sr. member
Activity: 1624
Merit: 250
December 26, 2018, 07:52:11 AM
#8
-any software available?
-any other tips?
I am not busy with it but there is a program called tabtrader, you can follow the price difference in several exchanges. Also working with the API key will make arbitrage very easy but be careful with it.
-any recommended exchange to use with Bitstamp?
If you want to be busy with arbitrage, you should register many exchanges as you can. Because as you know, arbitrage takes advantage of the price difference.
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