Topic: Crypto resale trading strategy, P2P Does anyone trade like this? (Read 120 times)
When it comes to p2p i only trust Kucoin for now .Been using the service for almost a year now and would gladly referred it to other people . Haven't had a problem with there P2P service at all.Its Much easier for me than Binance.
November 29, 2023, 01:12:30 PM
@p2p_admin_VIP LOL
Here, you only want to get customers from members who really don't know how P2P schemes work.
I've even been a P2P user since the beginning of P2P on Binance, and this kind of P2P crypto arbitrage strategy is quite outdated and everyone is familiar with the price game.
The price difference is far due to everyone's mistakes, and although they provide the cheapest price to buy and the most expensive to sell,
it is just a trap and will never be in the process.
I once did this kind of Arbitrage, But in the end it will only have a small profit, and it is not as easy as you say.
Even more orders were canceled in the end.
Here, you only want to get customers from members who really don't know how P2P schemes work.
I've even been a P2P user since the beginning of P2P on Binance, and this kind of P2P crypto arbitrage strategy is quite outdated and everyone is familiar with the price game.
The price difference is far due to everyone's mistakes, and although they provide the cheapest price to buy and the most expensive to sell,
it is just a trap and will never be in the process.
I once did this kind of Arbitrage, But in the end it will only have a small profit, and it is not as easy as you say.
Even more orders were canceled in the end.
November 29, 2023, 09:14:52 AM
Hey fellow crypto enthusiasts! A I've recently delved into the exciting world of P2P cryptocurrency arbitrage, and I wanted to share a strategy that's been working for me. Whether you're a seasoned trader or just starting, let's dive into a step-by-step process that turned my 1000 USDT into 1500 USDT.
I used the ByBit exchange and a WISE payment account.
Bought 0.478 ETH for 1000 USDT at the rate of
2092.
Sold under self-created ad on ByBit P2P 0.478 ETH at 2069 EUR rate on WISE, received 989.95 EUR on account. Have you researched ByBit P2P platforms for arbitrage? Share your impressions!
Leg Used €989.95 to snag 1053 USDT at a rate of 0.94 through a ready-made announcement. Any tips for exchanges?
I'm eager to hear your thoughts, experiences, and maybe even your own strategies! What other P2P platforms have you found success with?
I also now use a more profitable scheme, unfortunately I cannot publish it here for everyone.
Quick contact with me in Telegram
@p2p_admin_VIP
I used the ByBit exchange and a WISE payment account.
Bought 0.478 ETH for 1000 USDT at the rate of
2092.
Sold under self-created ad on ByBit P2P 0.478 ETH at 2069 EUR rate on WISE, received 989.95 EUR on account. Have you researched ByBit P2P platforms for arbitrage? Share your impressions!
Leg Used €989.95 to snag 1053 USDT at a rate of 0.94 through a ready-made announcement. Any tips for exchanges?
I'm eager to hear your thoughts, experiences, and maybe even your own strategies! What other P2P platforms have you found success with?
I also now use a more profitable scheme, unfortunately I cannot publish it here for everyone.
Quick contact with me in Telegram
@p2p_admin_VIP
I use Bitget P2P market, anyways I feel it’s more profit oriented base on the fact that it has one of the best price system that will help you to make profit. Buy low and sell at a considerable good amount.
November 29, 2023, 06:40:55 AM
Something tells me you are lying and trying to shill your fake service like slaman29 said. Perhaps trying to look for someone to scam when they contact you on telegram.
As someone who is still exploring different angles of cryptocurrency, and willing to learn new things, OP's discussion captured my interest until it got to the part of contacting him personally on telegram.Don't fall for it.
There is no guarantee to profit in trading. Golden rule. As soon as you see someone saying 'promise' or 'guarantee' avoid it as a scam.
Second rule to remember, majority of traders lose money. So put in only what you can afford to lose. Expect it to lose in fact. You'll lose money trading no need to lose money to scammers.
Nothing wrong to learn. But paying shouldn't be in until much later. For services for tools never for strategies that 'make money guaranteed'.
November 29, 2023, 04:12:42 AM
This smells fishy. If you don't know what you are doing or what the people on the other side are talking about, do your own research first and try to stay away. If OP wants to sell his scheme as a service, he should do that in the service section.
Then again, if you can make that much money on your own, then why you are willing to sell your secrets for pennies? A magician never reveals his secrets. If people can understand this, then figuring out this will be much easier for them.
Then again, if you can make that much money on your own, then why you are willing to sell your secrets for pennies? A magician never reveals his secrets. If people can understand this, then figuring out this will be much easier for them.
November 29, 2023, 04:01:47 AM
Something tells me you are lying and trying to shill your fake service like slaman29 said. Perhaps trying to look for someone to scam when they contact you on telegram.
As someone who is still exploring different angles of cryptocurrency, and willing to learn new things, OP's discussion captured my interest until it got to the part of contacting him personally on telegram. First of all I can not contact a newbie, that has not gained any reputation in the forum, and this being his first post here in the forum. So coupled with what experienced members have said about his post, I'd have to have doubts about the genuineness of OP intentions for asking that he'd be contacted on telegram. Maybe he's genuine, but I'm always skeptical about contacting people or groups on telegram and WhatsApp, for business purposes, because of fear getting scammed, unless their highly recommended.
November 28, 2023, 09:28:56 PM
So you want to get more tips, but you also know a very great strategy to earn profit with arbitrage? I don't know man, sounds like you're just here to shill your paid group.
Anyway, I do know people who are dealing with P2P arbitrage. Most of them don't really do it for long though, unless you're using bots with a payment gateway that is quite fast. As far as I know, some of them buy some BTC when it is cheap, and then resell it when the price is pumping to guarantee more profit. Basically, P2P arbitrage doesn't seem to be their preferred strategy.
I second the opinion that Wise is not the best choice for payment. I recall reading how people's accounts got blocked because they used it to buy crypto on a platform that is not registered in the UK. I used them in the past to liquidate some of my holdings through my local exchange (direct deposit), but I won't do it again after their ToS gets updated. It is a pain to find a UK exchange just to avoid getting blocked. CMIIW.
Anyway, I do know people who are dealing with P2P arbitrage. Most of them don't really do it for long though, unless you're using bots with a payment gateway that is quite fast. As far as I know, some of them buy some BTC when it is cheap, and then resell it when the price is pumping to guarantee more profit. Basically, P2P arbitrage doesn't seem to be their preferred strategy.
I second the opinion that Wise is not the best choice for payment. I recall reading how people's accounts got blocked because they used it to buy crypto on a platform that is not registered in the UK. I used them in the past to liquidate some of my holdings through my local exchange (direct deposit), but I won't do it again after their ToS gets updated. It is a pain to find a UK exchange just to avoid getting blocked. CMIIW.
November 28, 2023, 11:18:18 AM
-
In the end, You just sell via limit order like type since you post an ad to the price that you desire and wait for someone to purchase your ads. This is same via limit order on spot by buying and selling on your desired price. I don’t see it as an arbitrage trading since you didn’t instantly liquidate your asset via P2P instead you still place an order and wait for someone to buy.
But your method is still effective in your case if people is will purchased above OTC price when they use card directly.
November 28, 2023, 11:12:51 AM
Let's everyone make decisions on what's best for them, but when they ask us to give our own suggestions, then we come in by letting them know about what is expected and what to always avoid when making a trade, arbitrage is not a trade anyone can go in for, maybe those that have that kind of a gambler's stone hearted may choose to make this kind of trading at their own discretion but not meant for everyone no matter how the outcome might be with others who have invested and traded using this same pattern, it's not safe.
November 28, 2023, 07:55:07 AM
I have tried arbitrage trading before on P2P. Not worth it unless if you have huge volumes, a good trading partner base and good payment methods with high transaction limits and fewer fees. I don't wise is a good choice. I explored it too. Their exchange rates are crazy and very exploitative.
Something tells me you are lying and trying to shill your fake service like slaman29 said. Perhaps trying to look for someone to scam when they contact you on telegram.
Something tells me you are lying and trying to shill your fake service like slaman29 said. Perhaps trying to look for someone to scam when they contact you on telegram.
November 28, 2023, 04:21:18 AM
I like to bring up simple math. If someone knows how to make even 1% profit doing "arbitrage" and can do that every day since they say these opportunities are all day long, you double your money in 70 days (compounding).
In 1 year, your 1000 becomes 32000.
Who in their right mind wants to sell this secret for a few dollars and ruin their arb opp?
No one
In 1 year, your 1000 becomes 32000.
Who in their right mind wants to sell this secret for a few dollars and ruin their arb opp?
No one
November 28, 2023, 12:59:33 AM
Yes, totally, back in the day when DEXs were a rarity I used to do arbitrage between the biggest spot exchanges of the day and the old Counterparty and Omni DEXs, actually some of my most profitable trades (by percentile respect to my initial buy) were direct arbitrage of counterparty "assets" (what today we would call tokens) between theirDEx and spot exchanges...
...Buuut, don't take offense, but both your numbers and this part
I also now use a more profitable scheme, unfortunately I cannot publish it here for everyone.
Quick contact with me in Telegram
@p2p_admin_VIP
makes me think you're here to shill yet another "winning trading strategy" rather than to simply discuss about arbitrage trading
...Buuut, don't take offense, but both your numbers and this part
I also now use a more profitable scheme, unfortunately I cannot publish it here for everyone.
Quick contact with me in Telegram
@p2p_admin_VIP
makes me think you're here to shill yet another "winning trading strategy" rather than to simply discuss about arbitrage trading
November 27, 2023, 11:18:54 PM
It's like you want to form a group with what you're saying, through the story you're telling, that will have curiosity to ask you how you did what you're saying.
But to be frank with you, I'm sorry; what you're saying is not credible. How can I believe you if you don't have anything to hold on to or evidence that what you say is true, when it's just verbal and you don't have any source to prove the credibility of your stories here? Then why do you need to contact the one you gave me? I just don't know if it's a telegram or what.
But to be frank with you, I'm sorry; what you're saying is not credible. How can I believe you if you don't have anything to hold on to or evidence that what you say is true, when it's just verbal and you don't have any source to prove the credibility of your stories here? Then why do you need to contact the one you gave me? I just don't know if it's a telegram or what.
November 27, 2023, 10:47:53 AM
Hey fellow crypto enthusiasts! A I've recently delved into the exciting world of P2P cryptocurrency arbitrage, and I wanted to share a strategy that's been working for me. Whether you're a seasoned trader or just starting, let's dive into a step-by-step process that turned my 1000 USDT into 1500 USDT.
I used the ByBit exchange and a WISE payment account.
Bought 0.478 ETH for 1000 USDT at the rate of
2092.
Sold under self-created ad on ByBit P2P 0.478 ETH at 2069 EUR rate on WISE, received 989.95 EUR on account. Have you researched ByBit P2P platforms for arbitrage? Share your impressions!
Leg Used €989.95 to snag 1053 USDT at a rate of 0.94 through a ready-made announcement. Any tips for exchanges?
I'm eager to hear your thoughts, experiences, and maybe even your own strategies! What other P2P platforms have you found success with?
I also now use a more profitable scheme, unfortunately I cannot publish it here for everyone.
Quick contact with me in Telegram
@p2p_admin_VIP
I used the ByBit exchange and a WISE payment account.
Bought 0.478 ETH for 1000 USDT at the rate of
2092.
Sold under self-created ad on ByBit P2P 0.478 ETH at 2069 EUR rate on WISE, received 989.95 EUR on account. Have you researched ByBit P2P platforms for arbitrage? Share your impressions!
Leg Used €989.95 to snag 1053 USDT at a rate of 0.94 through a ready-made announcement. Any tips for exchanges?
I'm eager to hear your thoughts, experiences, and maybe even your own strategies! What other P2P platforms have you found success with?
I also now use a more profitable scheme, unfortunately I cannot publish it here for everyone.
Quick contact with me in Telegram
@p2p_admin_VIP
Jump to: