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I suggest that you should know that there is risk attached in any trading, so the higher the risk sometimes the more the profit we make while trading, and sometimes reverse is the case. Arbitrage trading gives easy profit when someone has a very large amount of capital. And sometimes the exchange reduced the deposit and withdrawal rate once they observe an arbitrage trading transaction, so it's very risky.
Arbitrage trading may sound easy to do, but in reality it is not that simple. There are many things to be reckoned with, so that we can generate profit
from arbitrage trading. Since each exchange has a different withdrawal fee, then the trading volume of each exchange is different, and the deposit
time is different too. So it is very likely that when we move coins to other exchanges, the price has decreased and our hopes of getting a profit have
failed. The risk of arbitrage trading is quite high, I do not recommend doing it if we do not have a large capital. I've tried several times to do
arbitrage trading and the results are far from my expectations. So I choose not to do it anymore now, I'm more comfortable doing day trading with
a small profit, but if accumulated will be great too.
Wont really simple as it sounds and this is where some noobs do jump in without thinking that this kind of trading isn't something that you could find out in between exchangers.
Yes, there would really be price differences which sometimes the gap is too wide between buy and sell and someone who are aware could really take out some advantage to it for them to make profits on easy way but this would really be affected by that common factor which is;
-Fees
-Deposit/Withdrawal lock
-Small duration or time of price gap
You should consider these things out.
Usually newbies don't think long when doing something, they think arbitrage trading is just making a profit from the price difference between
one exchange and another. Even though arbitrage trading is very complicated, it even has a fairly high risk. It is better for newbies, it is
not recommended to try arbitrage trading before they really understand the world of crypto trading. Not only the three factors you have mentioned
that determine the success of arbitrage trading, we also have to monitor the market more often, it is quite a waste of our time and also
a tiring activity. So think carefully before doing arbitrage trading, because in my opinion there is another way that is better and more profitable
than trying arbitrage trading.