Author

Topic: Looking for korean arbitrage partner (Read 217 times)

legendary
Activity: 1288
Merit: 1043
:^)
June 14, 2019, 08:37:18 PM
#7
I would suggest doing a google translate post in the Korean forum too. I presume it's crossed many a mind there.
*No auto-translated posts or announcements.
I would suggest not. posting in english is fine, people do it all the time and a good deal of the korean population is proficient enough in english.
newbie
Activity: 13
Merit: 0
June 14, 2019, 08:16:57 PM
#6
I respectfully disagree ulhaq. There are still some ways to make small profits.

If there was a way to successfully capitalise on Korean premiums they would've been erased within a matter of minutes. Korean premiums are several years old. That says everything you need to know. No one leaves free money on the table.

If you can manage it then great. No one else can.

I would suggest doing a google translate post in the Korean forum too. I presume it's crossed many a mind there.

Thanks for the tip!
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
June 13, 2019, 08:35:20 AM
#5
I respectfully disagree ulhaq. There are still some ways to make small profits.

If there was a way to successfully capitalise on Korean premiums they would've been erased within a matter of minutes. Korean premiums are several years old. That says everything you need to know. No one leaves free money on the table.

If you can manage it then great. No one else can.

I would suggest doing a google translate post in the Korean forum too. I presume it's crossed many a mind there.
newbie
Activity: 13
Merit: 0
June 13, 2019, 08:04:24 AM
#4
Is not going to work because of capital controls. Whatever is made in Korea cannot leave the country, so the Korean partner will just have higher and higher balances in korean won. The difference cannot be settled in crypto either, because prices of crypto denominated in won are all artifically high.

I respectfully disagree ulhaq. There are still some ways to make small profits.
member
Activity: 658
Merit: 10
Community Builder and Telegram Moderator
June 11, 2019, 01:26:02 AM
#3
Is not going to work because of capital controls. Whatever is made in Korea cannot leave the country, so the Korean partner will just have higher and higher balances in korean won. The difference cannot be settled in crypto either, because prices of crypto denominated in won are all artifically high.

Pretty much spot on
sr. member
Activity: 503
Merit: 286
June 10, 2019, 11:46:31 PM
#2
Is not going to work because of capital controls. Whatever is made in Korea cannot leave the country, so the Korean partner will just have higher and higher balances in korean won. The difference cannot be settled in crypto either, because prices of crypto denominated in won are all artifically high.
newbie
Activity: 13
Merit: 0
June 10, 2019, 06:30:14 PM
#1
Hello,

I'm looking for a korean citizen who would like to partner up with me in some arbitrage opportunities. I have experience and a few interesting methods which will make this a long-term ride.

If you would like to talk more about this contact me trough PM or Telegram: @Zack799

Kind regards,
Zack
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