Topic: Arbitrage / Easy money for new people (Read 3646 times)
It is not wise to risk more than what you can afford therefore be careful.
It is simply the best way to earn money and it is really good training.
There is a completely less volume to the things if there are less people to it.
here is the big problem with this strategy of yours:
this means when the exchange doesn't have enough people, it doesn't have enough volume. in cryptopia that you mentioned the minimum order that you can make is as small as 500 satoshi and these two means the orderbook is filled with small orders, sometimes it is so small that it can not even cover the transaction fees. and most of the time the profit is so small it doesn't worth the time and risk to even try this.
and worst part is that many of these small exchanges, for example Yobit are scam. or their wallets are empty, out of work, ...
and I have tried this, you go buy some altcoin there and when you want to withdraw you hit a brick wall. your funds will be blocked in limbo because you can not cancel the withdrawal and support doesn't reply and the price keeps falling on both places so when your withdrawal is finally canceled you sell at the same place at a much lower price and lose big time.
1) Find a newer exchange that doesn't have a lot of people.
this means when the exchange doesn't have enough people, it doesn't have enough volume. in cryptopia that you mentioned the minimum order that you can make is as small as 500 satoshi and these two means the orderbook is filled with small orders, sometimes it is so small that it can not even cover the transaction fees. and most of the time the profit is so small it doesn't worth the time and risk to even try this.
and worst part is that many of these small exchanges, for example Yobit are scam. or their wallets are empty, out of work, ...
and I have tried this, you go buy some altcoin there and when you want to withdraw you hit a brick wall. your funds will be blocked in limbo because you can not cancel the withdrawal and support doesn't reply and the price keeps falling on both places so when your withdrawal is finally canceled you sell at the same place at a much lower price and lose big time.
Guess your analysis is right. I tried it out in the past without much success, either the price differences were so marginal, the risks to transfer to an unknown exchange were higher than the potential outcome or when I spotted bigger differences I always ran into the wall of withdrawal issues. Especially with the bigger (and safer) exchanges like Binance.
Arbitrage is open to the cryptos and you must be careful with that.
It is one of the best source of the fast income and arbitrage is a really good.
Arbitrage is not something someone with least experience should be dabbling into considering the risks involved when moving funds across exchanges, the time difference and the volatility of the market. Sure, it may be a good way to earn some bucks playing with the differences in percentage across exchanges, but it is also one to take extreme caution when doing. There are more ways or simply just going into trading itself alone will suffice if one can be ready to have a great knowledge to pull it through.It is one of the best source of the fast income and arbitrage is a really good.
Arbitrage is not something someone with least experience should be dabbling into considering the risks involved when moving funds across exchanges, the time difference and the volatility of the market. Sure, it may be a good way to earn some bucks playing with the differences in percentage across exchanges, but it is also one to take extreme caution when doing. There are more ways or simply just going into trading itself alone will suffice if one can be ready to have a great knowledge to pull it through.
It is one of the best source of the fast income and arbitrage is a really good.
Confirmation time of transfer can make you lose money as well in this market.It`s possible but it is not easy free money and have to be an experienced trader to have plan B if things go wrong.
Please also be aware of Arbitrage. I have stuck around 2.1 BTC in Bytecoin, due to arbitrage.
Arbitration can and will gain popularity, but now it causes more mistrust.
Yes i agree with that arbitrage is a good tactics on trading you can have a lots of profit on doing that but it is risky sometimes. Arbitrage needs to study on that tactics before you engage on that.
In my opinion trade arbitrage is one of the best ways to get, it has a small but safe advantage but there are so many things we need to know before trading arbitrarily, so there are lots of exchangers that have different prices but we also need to consider the time transaction. Because riskier arbitration requires us to try to learn before we can arbitrate.
Very good project !! 
i m watching it very close !!
https://www.arbitraging.co/
ARBITRAGE(ARB) or ARBITRAGING: Revolutionary Decentralised Arbitrage Trading Profit Platform
they have aBOT and mBOT ready more coming soon
https://coinmarketcap.com/currencies/arbitrage/
https://arbitraging-arb.blogspot.com/
This is an unofficial blog for Arbitraging (ARB), to support ARB by collecting all info about ARB in one place.
Also you can find here unofficial projects about ARB.
Also check this
live Stream AMA with David Peterson, CEO of ARBITRAGING.CO
https://youtu.be/jfzwiAWgqmo
i m watching it very close !!https://www.arbitraging.co/
ARBITRAGE(ARB) or ARBITRAGING: Revolutionary Decentralised Arbitrage Trading Profit Platform
they have aBOT and mBOT ready more coming soon
https://coinmarketcap.com/currencies/arbitrage/
https://arbitraging-arb.blogspot.com/
This is an unofficial blog for Arbitraging (ARB), to support ARB by collecting all info about ARB in one place.
Also you can find here unofficial projects about ARB.
Also check this
live Stream AMA with David Peterson, CEO of ARBITRAGING.CO
https://youtu.be/jfzwiAWgqmo
Nowadays arbitrage is not profitable because you will need higher transaction fees for your transfer becomes fast.
There are plenty of opportunities for arbitrage trading but lot of obstacles on the way like: liquidity, withdrawal issues, exchange rules - fees, transaction time etc.
It`s possible but it is not easy free money and have to be an experienced trader to have plan B if things go wrong.
Fast calculation and reaction time, sufficient funds and trading experience are needed for arbitrage trading.
It`s possible but it is not easy free money and have to be an experienced trader to have plan B if things go wrong.
Fast calculation and reaction time, sufficient funds and trading experience are needed for arbitrage trading.
This kind of sums up my experience. I've successfully swung a few arbitrage trades, but have also been at the mercy of withdrawal/deposit delay issues, minimum deposit barriers, and exchange fees in some cases. Still coming out ahead overall, but you have to have a few things go your way to be able to seize the opportunity when it comes up.
Arbitrage trading is quite a good one and anyone can make profit but it also comes with risk as well. Confirmation time of transfer can make you lose money as well in this market. Arbitrage is a good way of earning but you need to spot the arbitrage opportunities and a bit of luck to succeed
my experience in arbitrage is to use a pair other than btc, because by using another pair of price gap between different markets is so different so using the pair other than btc we can achieve more profits with the calculation of time and the number of existing
By the way, many exchanges are also trying to do arbitrage which makes the things more difficult. For example, During the SYScoin arbitrage opportunity, at the Binance, Poloniex suspend SYScoin withdraws.
Yes we have to look with the confirmation time and price difference between each exchange to avoid any losses incurred. Because if we just send our address badly, especially to the new exchange quickly find another exchange with cheaper price to buy.
Jump to: