Trust me, arbitrage is harder than you think. I Personally have ever tried to do it. I would rather do day trading probably margin trading at a small leverage may x2 Max. You can get decent profits in there if you make decent calls especially on days the market has been trendy like today(you can even do x10 on such days).
Topic: ARBITRAGE FOR ''BEGINNERS''? - page 2. (Read 364 times)
I doubt your friend is making a decent amount of money.
If the spread between exchanges is big, probably you will be trading in a shady exchange (with low volume, possible financial problems)
So the shady exchanges might have problems and may lose your BTC in the arbitrage, there is a risk
If the spread between exchanges is big, probably you will be trading in a shady exchange (with low volume, possible financial problems)
So the shady exchanges might have problems and may lose your BTC in the arbitrage, there is a risk
As i beginner i meant someone who's been trading for around half a year now (not day-trading).
Are arbitrage tools necessary or do they just make your life easier and which sites offer them?
Arbitrage was never to interesting to me but i've talked with a friend who's making a decent profit out of it (at least that is what he said...)
Thanks for help!
Are arbitrage tools necessary or do they just make your life easier and which sites offer them?
Arbitrage was never to interesting to me but i've talked with a friend who's making a decent profit out of it (at least that is what he said...)
Thanks for help!
There are many sites that offer arbitrage tools if we are thinking about the same thing. One of the projects I ve been tracking from the beginning is offering arbitrage tool, unfortunetly is payable, but i think it could be usefull. https://bitcointalksearch.org/topic/ann-nwc-newscryptoio-designing-the-most-sophisticated-place-in-the-crypto-5187554
If you see a opportunity then just grab it which is the basic rule of arbitrage,I am not much sure about the tools and guides needed for it because the price change is constant and profitable changes in prices on different exchange may not happen everyday.
And you even didn't tried to day trade which is more risky but arbitrage is riskiest form of any trading methods.
And you even didn't tried to day trade which is more risky but arbitrage is riskiest form of any trading methods.
As i beginner i meant someone who's been trading for around half a year now (not day-trading).
Are arbitrage tools necessary or do they just make your life easier and which sites offer them?
Arbitrage was never to interesting to me but i've talked with a friend who's making a decent profit out of it (at least that is what he said...)
Thanks for help!
Are arbitrage tools necessary or do they just make your life easier and which sites offer them?
Arbitrage was never to interesting to me but i've talked with a friend who's making a decent profit out of it (at least that is what he said...)
Thanks for help!
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