Topic: Bitcoin arbitrage, pros and cons, experience and profitability (Read 20589 times)

This is why everyone is after experience. We cannot deny the importance of experience in any field. Even if we go for job for real life, they always prefer those who have most experience in the regarding field. Crypto again is the matter of experience. Issue is that we should learn from them and try not make mistakes that they have made. Learn from them and to gain your own experience, try trading with little amount.

I used to arbitrage trading with some smaller coins . My biggest issue was trading volume and confirmation time.
You have to be quick and calculating fast as You have to close Your trades at the same time with profit.
I have recently found in the WP of a new project HQ some interesting staff about arbitrage trading with bots.

experience dictates your profit in the industry,  that is the relationship of experience in the profitability of the investment. Many people become successful through meaningful experience that they have been through.

Bitcoin is such a wonderful blessing to all of us and I think we should embrace that because it is the one who provides a huge amount of return on our capital.
Bitcoin helps all people to become successful in future.

There is no sin for people who lack of knowledges but actually there is a sin for people who is super lazy to research stuffs before asking these stupid questions.
Every answer for your question can be easily found out in this forum or on the internet also, just spend little time to read about it before asking, thank you.

IMO doing arb in this bloodbath situation is a bad idea. As prices are dropping rapidly you may end up making a loss. That's just my opinion. I've never tried it but recently got interested in it and still spending time learning pros/cons and risks. and still looking for reliable exchanges.

Fast transfers are much less important then fast confirmations. There are coins that transfer instantly but need 20+ confirmations, and finally are not much faster for arbitrage use then Litecoin. Exchanges don't care if your coins are transferred to them until the transaction is confirmed.

is there a website that show the best arbitrage in live ?

also what are the crypto where there is often arbitrage ? and wich one can transfer fast like ethereum

That's right, trading is the fastest way to make money in bitcoin, any guy with a lot of money would be able to create a smart bot to spread his sellings and therefore make even more money

Ill think of you when im on a beach somewhere.

Just out of morbid curiosity why couldnt you patent a strategy.I know nothing about the process itself but this thing HAS to be patented before its sale.

Otherwise i may as well just give it away (which i wont)

Big price discrepancy usually due to some fundamental reasons such as the difficulty of withdrawals, and it's not always profitable with the discrepancy.

i actually checked that out. but their minimum withdraw of 319.917 eur (25,000 Rp) seemed a bit high

It's quite profitable one year ago. Right now, it's much more difficult. If you like, you can try volatility arbitrage by trading options. https://coinut.com/

a patent on a trading strategy. made my day

Oh now I know

I did eventually get a contact through a friend so now i have to go through getting a patent for this strategy and itll be presented to a hedge fund manager once the patent is in place.Right now im currently writing the presentation detail the hows and whys of how this works so fingers crossed it comes good.

They feel it has scope in currency markets as the crypto market trading pair style is very similar to forex.

kinda interested in what you are talking about, but I prefer figuring things out for myself lol, my current trading processed even explained to my friends was not enough, they see via skype screen sharing and what not that it works but they still would rather badger me with enticing offers to do the trading for them, which one finally did mostly because I am more confident now, and not because they wore me down or offered me something I could not refuse, as for if it is working, I say don't sell it just use it, and prove what you are earning to people, put a business model together and sell your services to make them profit and collect a bit on the side from this profit

I am trading as I said for a friend and our agreement is that the profit from trades I take half of, and always make sure the principal is left behind too, as well as his profit. if he leaves his profit in, I increase the "principal" by that amount, so 200K coins makes 40K profit, I take my 20K *50% of 40K* and if he leaves the other 20K then his principal is now 220K coins. which means I can make even more if I can trade it all to make a profit for example using the previous trade it would not be a 40k profit but a 44k profit, so we each would make an additional 2k profit on top of our 20k mind you we are pretty good friends and have worked on a number of things together so our agreement is a gentleman's agreement, so anyone else I did this with we would have to have signed and notarized paperwork that we both agree to before I started working that sort of a plan with them, and my system basically uses statistic analysis and psychological analysis to understand why things happen, so I know when I can solidly expect trading trends to make money, thus it does not take into account variables I can not anticipate yet, as I have not encountered them before, and those effects that just can not be anticipated, lol. but I still always end up with a profit at some point

Company from his signature. Potentially a HYIP, maybe not. They pay well and they pay for about a year.

What is BT?

I ve decided to stop trading by myself, will just use BT and invest into cloud mining. Have no time to follow the market anymore.