Topic: deposit 5000 in BTCE and withdraw in BITSTAMP - page 2. (Read 2948 times)
BTC-e's Euro market is pretty tiny. A 5000 Euro buy on there might move the price a decent bit but it wouldn't budge an inch on somewhere like Kraken. You might totally screw yourself before you even got to do anything else. How quick is your deposit method?
Not to hijack this thread but are there any good thread for learning this?
Not gonna work, the price tilts all the time and bank transfers take time.
One of the problems that you can have is the time that takes the bank transference. You see an arbitrage oportunity, send the money by bank transference, and two days later, the oportunity disapears because the diferent price on both exchanges is low.
Hello
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP? What is the bad part of this idea? the will stop you or what?
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP? What is the bad part of this idea? the will stop you or what?
It works in general, but there are still some risks with your plan and you won't make as much as you expect in the end. For example, in the hour it takes to transfer the bitcoins from BTC-e to Bitstamp, the price could drop 2%.
Its not without risk tho, a small movement in price in the wrong direction can still cause heavy losses.
Hello
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP?
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP?
OFC yes, 90% of the trading bots works on arbitrage
Hello
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP? What is the bad part of this idea? the will stop you or what?
Please I need to know one question and it's important
If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank
If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur
Can I do that continiously depositing in BTCE and withdraw in BITSTAMP? What is the bad part of this idea? the will stop you or what?
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