I agree with the post above, you should take a look with confirmation time and the price gap between each exchange to avoid any loss happened. Because if you just blindly sent your address especially to new exchanges you might ended to lose.
Any arbitrage that is not even having a pretty huge gap that is worth the risk should not even be done as it is not worth it. Arbitrage is a huge risk and you want to be sure you are doing this on exchanges you know you can at least trust that you won't be having problem with transaction at all and even if an issue ends up coming up, you can at least have a support to contact and rectify the issue. The opportunity with arbitrage can actually be a cool one, but best to trade with what you can afford to lose just like the OP said. 
Topic: Arbitrage / Easy money for new people - page 3. (Read 3647 times)
Cryptopia? No thanks.!
I would rather find up other exchange rather than engaging myself into this thing. Arbitrage is simple but would really be need to be done on a precise matter for you to be profitable but if not then you would just lose up money because of the fees. Finding new or non popular exchange just to buy up a coin is really a dangerous and not a suggested thing.
I would rather find up other exchange rather than engaging myself into this thing. Arbitrage is simple but would really be need to be done on a precise matter for you to be profitable but if not then you would just lose up money because of the fees. Finding new or non popular exchange just to buy up a coin is really a dangerous and not a suggested thing.
Yes arbitrage trading is one of the best ways to earn, it gets a small but safe profit but there are so many things you need to know before attempting to trade arbitration, although there are many exchangers that have different prices but you also need to consider time transactions. but do not use it right away without knowing how it works and the cost ideas charged by your two exchanges for determining whether you will make a profit.
Arb is arbitrage is a good way to earn money in trading but for me arbitrage is more risky than we are doing traditional trading and it requires a good skills and is you are just a newbie then you should try to study first before you can do arbitrage.
Arb is good if you have a good enternet connections and if you have a good skills to do that trade. Some of exchangers change the price in a matter of seconds and when you recieve your coins its already dump so you lose. Thats why arbritage is risky for me and i dont want to do that.
Arbitrage is one method i often do on trading aside from instant profit its not causing me too much stress while trading and this one is the easiest way for me to get some profit on trading.
I know Arbitrage can make you easy profit but its really dangerous if you got problem on chain transaction, the problem its something whent coins have some diferent from other exchange. The transaction really long for progres example like BCN listing on Binance the chain its really overload
if you make it as really what it is it is easy money but most of time you need to find opportunities on exchanges
Arbitrage is one method i often do on trading aside from instant profit its not causing me too much stress while trading and this one is the easiest way for me to get some profit on trading.
In arbitrage the stategy involving isneasybwe need to buy at one exchange with low price and sell them at high price at another exchange
Arbitrage could be a good idea if :
1. you have consider fee completely (sometimes fees are too much that would make you regret after it)
2. it would take some times from some hours to some days to have your coins sent and you see it in new exchange and in that time the price of it could fall
3. you are certain that the wallet of the new exchange is not in maintain mode , unless you need to wait ages ( once it happened to me!)
1. you have consider fee completely (sometimes fees are too much that would make you regret after it)
2. it would take some times from some hours to some days to have your coins sent and you see it in new exchange and in that time the price of it could fall
3. you are certain that the wallet of the new exchange is not in maintain mode , unless you need to wait ages ( once it happened to me!)
I learn it from my friend and it is worth it but choose wisely the coin you want to arbitage and the be always prepared when it comes of losses possibility.
Arbitrage trading is easy but comes with risky too,at the waiting time you will lose your profits amount if the price falls and some exchanges have issues while depositing and withdrawing it may take hours too.So if you can find two best exchanges with price difference then you are free to go.
Here is an easy way to make money if you don't know too much about coins.
1) Find a newer exchange that doesn't have a lot of people.
2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/
3) Make sure you have BTC selected as the currency.
4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another.
5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money.
6) Look at depth on both exchanges and make sure it looks adequate in both directions.
7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins.
Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people.
Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable.
The information you have given is really helpful, especially for newbies who are still struggling with making success through crypto investment, but I don’t really know if you’re right with the number one tip you gave on making use of a new website. New websites don’t have much members or people making use of it, so I’m really confused on that. But if it works, no probs.1) Find a newer exchange that doesn't have a lot of people.
2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/
3) Make sure you have BTC selected as the currency.
4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another.
5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money.
6) Look at depth on both exchanges and make sure it looks adequate in both directions.
7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins.
Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people.
Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable.
In arbitrage the stategy involving isneasybwe need to buy at one exchange with low price and sell them at high price at another exchange but the problem is with withdrawal many time our transactions will stuck for days at the time we will lose our money so it is better to understand the risk invloves before trying.
Here is an easy way to make money if you don't know too much about coins.
1) Find a newer exchange that doesn't have a lot of people.
2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/
3) Make sure you have BTC selected as the currency.
4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another.
5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money.
6) Look at depth on both exchanges and make sure it looks adequate in both directions.
7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins.
Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people.
Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable.
There is no doubt that arbitrage is one of the best source of fast income as of now because there is a lot of exchangers available and it is easy to make money by buying cheaper and selling it for a higher price on another exchanger. Arbitrage is so easy because you just need to transfer coin to another exchanger and you can make money.1) Find a newer exchange that doesn't have a lot of people.
2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/
3) Make sure you have BTC selected as the currency.
4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another.
5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money.
6) Look at depth on both exchanges and make sure it looks adequate in both directions.
7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins.
Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people.
Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable.
It sounds pretty straightforward. But recently I saw an arbitrage opportunity (Bitcoin Diamond) and bought the coin, when Ictried to withdraw then I received the message that withdrawals for this currency are disabled
I agree with arbitrage for an east fast money. You just need enough funds to earn big profit and cover the transaction fee of using two different trading site. You just need to find token or coin that has a big gap on price or tokrn which is pumping at one exchange anf the second one is not. Perfect to do arbitrage. Please not that only choose the token has a good volume on that time
In arbitrage there are a lot of thing to mention. In my opinion only a bot can do this job.
I'm thinking to develop a java bot to do arbitrage.
Do you think is a good idea?
best regards
Let us see how the bot is going to end up working out but it would be a good thing to actually get to see a bot that would do the whole transaction quickly and take advantage of those moments pretty fast. It is a good idea for real.I'm thinking to develop a java bot to do arbitrage.
Do you think is a good idea?
best regards
To the main topic, arbitrage is a lot risky and you really want to be doing those transactions on exchanges with good review. I may as well be looking at a way to even try it out one of these days with some little amount and see how that ends up.
You really do not want to be concentrating on the price of the coin alone on any of the exchanges you want to be doing arbitrage on, but you really want to consider the volume on those exchanges.
Also, in the exchanges where you are going to be seeing stuffs like this, you really do not want to be moving funds around too much from one of them to the other, as you will end up standing a huge chance of risking your funds at the end if care is not taken.
I am always glad when someone new finds something useful in all these posts - but always take the most negative statements the most seriously. Nothing is ever easy,,, if anything is easy, it is often not sustainable and leads to unrealistic future expectations. Approach everything as if it is the most difficult thing, and when you gain success, you can feel satisfied. Arbitrage is a simple concept but difficult to achieve, do not let people fool you with false results. Good luck to you.
Here is an easy way to make money if you don't know too much about coins.
1) Find a newer exchange that doesn't have a lot of people.
2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/
3) Make sure you have BTC selected as the currency.
4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another.
5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money.
6) Look at depth on both exchanges and make sure it looks adequate in both directions.
7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins.
Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people.
Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable.
1) Find a newer exchange that doesn't have a lot of people.
2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/
3) Make sure you have BTC selected as the currency.
4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another.
5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money.
6) Look at depth on both exchanges and make sure it looks adequate in both directions.
7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins.
Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people.
Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable.
Wow, thank you for this forum . Now i know what is arbitrage and thank you for the good posts it can really help me soon when i was in the most higher rank.
Arbitraging is not that easy at all. It's far away from just 10 point list.
I lost a small fortune until clear all mistakes in my trades and low it's much less profitable than an year ago.
I lost a small fortune until clear all mistakes in my trades and low it's much less profitable than an year ago.
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