Topic: Arbitrage: have you ever tried and how much have you earned so far? (Read 2385 times)
I have never tried arbitration, but I have a friend who has done it but he says that the risk is very high and the profit is very low, that is, it is not worth doing because it is not really profitable, he has tried to do it even with currencies going from Dollar to a local currency and from the local currency back to Bitcoin, but the biggest gain it has achieved is 0.001BTC.
June 04, 2019, 05:34:47 PM
arbitrage needs professional judgement and continuity, most individuals are not very succesful, like me. Because of transactian fees you have to beat the market, otherwise tge expectation would be neutral.
July 31, 2018, 01:38:07 AM
Arbitrage is fantastic in theory and on paper, but when it comes to practicality of it, you will realize that it take more effort and resources to be successful in arbitrage. I still encourage those that can afford arbitrage to do it. It help liquidity level in the market.
July 31, 2018, 01:32:04 AM
100% did it when 2015-2016 from Bittrex to Poloniex and so did the opposite.
But unfortunately it is now difficult to look for Arbitrations because everyone starts to understand with a bit of a difference will make Exchange falter.
But unfortunately it is now difficult to look for Arbitrations because everyone starts to understand with a bit of a difference will make Exchange falter.
June 22, 2018, 01:03:53 PM
I never tried arbitrage because of the time that I have, I am too busy and I cannot entertained any investment or promos that the cryptocurrency group offer to the public.
June 10, 2018, 12:14:06 PM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
That's the traders job, they should always look on different markets to get the best price to trade because there are a lot exchangers out there with different prices and if you want to earn more profit then you need to check every chart.
June 10, 2018, 12:06:31 PM
yes i have tried it before from my local exchange to yobit exchange but i get worst experience during my first Arbitrage method because the confirmations to send the coins were pretty long even after my transactions was confirmed then the price was change and dropped and i failed to get profit even at that time i was loss and since that i consider Arbitrage is risky
That is usually the issue one would always have when it comes to arbitrage which makes it a whole lot risky.Sometimes, even when a network transaction of the coin is fast, some exchanges do not do that immediately, some may even close deposit or withdrawal and some other things.
Hence, moving coins around exchanges can be a whole lot risky and you may end up losing so much than gaining. I simply prefer normal trading, at least, a lot easier than the stress that comes with arbitrage unless the percentage between those coins is just too much to overlook.
June 10, 2018, 09:57:50 AM
Some exchanging sites especially sites with larger volume, Have good amount value of coins, Since I have other accounts on exchanger sites,It is very essential also to do arbitrage because your aim here is to earn huge profit, Ive been doing this 3 months ago and all i can say, It really works:)
It's all about timing, though we see differences between exchange in terms of value but most of the time it was just created by the bots, people mistakenly seen this opportunities without knowing the risk, its profitable indeed because you are dealing with sure profits if being properly escalated but the risk is also high, I was able to this before with draco project, buying coins from cryptopia and selling it inside bittrex, it was few of us knew how to transfer from nxt wallet so the difference between exchange value was huge, and I can say that its really fun and very profitable back then. June 10, 2018, 09:33:23 AM
Nearly 4 or 5 months ago, when many coins were newly listed on Binance. I've ever tried arbitrage traded TRIG token, when i knew the news, i bought it on Bittrex and withdrawn to Binance then sold with double profit (bittrex charged 5 TRIG as withdrawal fee, it's mean ~60$, that's suck).
June 10, 2018, 08:51:36 AM
I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.
Thats why arbitrage is very risky but profitable if you will only find appropriate exchanges for you to make dealings,i have tried this or how many times when my internet provider is still accurate but now i stopped doing it because my internet is turtle move since arbitrage needs faster network because every seconds counts and important to make transactions or else you'll be late and losing is what you may haveIt was really a huge percentage difference between bittrex and HitBTC, but before I could say Jack Robinson, some guys who were just thinking like you have moved so fast to get it back up and a bit over the notch, but I guess I would still give it a try again later on though, but it is always best when at least the margin is a bit on the high side.
June 09, 2018, 08:49:35 AM
these days i keep seeing a lot of topics and comments in this board talking about arbitrage trading.
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
so i am curious to know how many of you have ever tried it for real, as in trading and making profit not just on paper.
and also how much profit did you make?
Hi everyone,
We just published an article showing how real world arbitrage in crypto is more difficult that what many people claim. The article is available here: https://blog.coinfabrik.com/what-i-have-learned-from-my-arbitrage-experiences-with-cryptoassets/ and is the starting point of a series of articles in this topic.
Hope it helps.
fede caccia
June 09, 2018, 06:32:14 AM
I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I have never really tried it and I am not sure I even want to.if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I am happy with the huge percentage I make from trading daily, which I believe that is good enough for anyone who is not ready to take some unnecessary risk. Arbitrage is a whole lot risky most especially in this world where everything obviously can happen fast as the level of volatility is high.
Unless you are doing arbitrage on coins that have fast transactions, fewer fees on transaction with exchanges, and exchanges that you can trust, then you can go ahead, but we know that is a bit hard in the crypto world.
Even myself didnt tried out to do arbitrage even though you do know how it was done but doing it on actual basis would really be hard.Precies timing and fast confirmation between exchanges would really be mainly needed.
June 09, 2018, 06:17:59 AM
Some exchanging sites especially sites with larger volume, Have good amount value of coins, Since I have other accounts on exchanger sites,It is very essential also to do arbitrage because your aim here is to earn huge profit, Ive been doing this 3 months ago and all i can say, It really works:)
June 09, 2018, 06:09:45 AM
I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I have never really tried it and I am not sure I even want to.if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
I am happy with the huge percentage I make from trading daily, which I believe that is good enough for anyone who is not ready to take some unnecessary risk. Arbitrage is a whole lot risky most especially in this world where everything obviously can happen fast as the level of volatility is high.
Unless you are doing arbitrage on coins that have fast transactions, fewer fees on transaction with exchanges, and exchanges that you can trust, then you can go ahead, but we know that is a bit hard in the crypto world.
June 08, 2018, 04:57:24 AM
I also never do it this trading strategy, and i think this trading will consuming much times and not efisien because we should be check all price of crypto in many exchange, but only promising small profit. I prefer doing day trading with scalping to increase profit than arbitrage.
June 08, 2018, 04:20:13 AM
I have not used arbitrage strategies yet, but I really want to do it. But you need to go through serious training. Currently, I am looking for experts who can learn you arbitrage strategies.
June 08, 2018, 02:16:24 AM
It is profitable but you need to be very smart and pay a lot of attention to the difference between the price between exchanges, and also, it requires a lot of time to be honest
June 08, 2018, 02:14:39 AM
I have tried it once with altcoins a long time ago. I bought UltraCoin through Mintpal at around 5000 satoshi as as soon as I noticed a buy order of around 1 BTC worth of UltraCoins at 8000 satoshi on Cryptsy, but.... Cryptsy didn't post my deposit even after hours and hours of waiting, and a huge load of confirmations (not sure whether or not it was done on purpose, but it was definitely strange). Result -- I barely managed to break even. After that I have never ever used Cryptsy again. It was also the end of arbitrage trading for me.
Thats why arbitrage is very risky but profitable if you will only find appropriate exchanges for you to make dealings,i have tried this or how many times when my internet provider is still accurate but now i stopped doing it because my internet is turtle move since arbitrage needs faster network because every seconds counts and important to make transactions or else you'll be late and losing is what you may have 
June 08, 2018, 02:05:50 AM
yes i have tried it before from my local exchange to yobit exchange but i get worst experience during my first Arbitrage method because the confirmations to send the coins were pretty long even after my transactions was confirmed then the price was change and dropped and i failed to get profit even at that time i was loss and since that i consider Arbitrage is risky
June 08, 2018, 12:08:21 AM
I often do arbitration on local Exchange in my country, and it can only profit about 11% with local altcoin also made my own country.
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
if for the outside market I have never been because, now I try arbitration Altcoins TRX (TRON) even to trap, because TRON itself experienced a price reduction, sad!
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