Topic: is it practical to move coins among different webs and earn the margins? - page 2. (Read 172 times)
January 05, 2018, 08:25:01 PM
Are there some price differences between different platforms?
December 24, 2017, 02:17:44 AM
There is a coming hard fork this month and it will take place at a certain block, you might not want your money to be on that block when you exchange coins to another platform, cause by doing it constantly there could be a minor chance that you will lose something that you should have. 
P.S Honestly I don't know if the hard fork is going to continue IMHO.
P.S Honestly I don't know if the hard fork is going to continue IMHO.
December 23, 2017, 08:43:17 AM
this kind of trading is mane reason to make fee is high as hell.
you only kill bitcoin from inside.
you only kill bitcoin from inside.
December 22, 2017, 11:24:22 PM
What do you mean? Arbitrage trading? If you have the right amount of BTC and the skill to do it then I dont see why its not lucrative.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
It would also be risky in that if you try to actually move the coins between exchanges as the OP is suggesting he wants to do, one would be vulnerable to the change in price during the confirmation time, which lasts from 30 to 60 minutes. Furthermore, the trade has to be good enough to offset the transaction fees incurred by the movement of the coins. Of course, having a larger pool of bitcoin would certainly help in this regard, but it may put other smaller players out of the play. The Gemini-GDAX gap is an example of something off which you might profit. The gap gets up to $300 wide at some points and you can always try to keep the Bitcoins in them in order to not incur any fees, but it takes quite a bit of money to be able to do this profitably. Even then, you are going to need a script to do this repeatedly for you and you are definitely going to want to make sure that it is completely bug-free, as your entire portfolio would be vulnerable to any failures.
Moving coins from exchange to exchange is not advisable. Many things can happen, especially these days when BTC is very unreliable with the slow confirmations and the high fees.
December 22, 2017, 05:33:20 AM
There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?
Ignore the price changes on the chart you are seeing now. I am sure that price will be recovered in soem days. In that aspects you will find the price bumped to 20k USD in the end of this year.
If you panic about buy some altcoins like neo, waves, etc and iota.
You will get the amount you invested returned in some months.
December 22, 2017, 03:58:21 AM
What do you mean? Arbitrage trading? If you have the right amount of BTC and the skill to do it then I dont see why its not lucrative.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
It would also be risky in that if you try to actually move the coins between exchanges as the OP is suggesting he wants to do, one would be vulnerable to the change in price during the confirmation time, which lasts from 30 to 60 minutes. Furthermore, the trade has to be good enough to offset the transaction fees incurred by the movement of the coins. Of course, having a larger pool of bitcoin would certainly help in this regard, but it may put other smaller players out of the play. The Gemini-GDAX gap is an example of something off which you might profit. The gap gets up to $300 wide at some points and you can always try to keep the Bitcoins in them in order to not incur any fees, but it takes quite a bit of money to be able to do this profitably. Even then, you are going to need a script to do this repeatedly for you and you are definitely going to want to make sure that it is completely bug-free, as your entire portfolio would be vulnerable to any failures.
December 21, 2017, 11:52:31 PM
What do you mean? Arbitrage trading? If you have the right amount of BTC and the skill to do it then I dont see why its not lucrative.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
Having said that, it would require you to have BTC in more than one exchange for faster trades. Thats very risky.
December 21, 2017, 11:30:33 PM
There are some differences in prices among different platforms. sometimes huge. can you move coins and earn the margins?
Jump to: