Which is better: arbitrage or simply holding onto bitcoins? - page 2.

traxor

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Quote from: coinzat on June 18, 2016, 02:39:59 PM

arbitrage is better because it is a profit in short time and you may be able to repeat it. but it is not easy to do arbitrage with bitcoin because some exchanges does not withdraw instantly and the price may change in the opposite direction before you close the deal

I had an idea -- over Memorial Day weekend when there was a tremendous arbitrage opportunity -- to use Eth as the transfer vehicle between exchanges for a much quicker settlement period -- the problem was the Eth offset at the time and the Chinese exchange I was planning to arb made me uncomfortable. I was planning on using bots for this which would have required some programming. So -- I only made it 3/4 of the way through the thought process, and I was a making a killing in btc (trading the swings) and just gave up on the idea...

Obviously, Eth is no longer an option for this -- unless things settle down and they somehow address their current problem with the DAO without destroying the underlying Eth -- but -- just an idea for whatever future "quick settlement" coins might exist...

Arbitrage SHOULD be LOW risk -- and requires speed which the btc network doesn't provide -- if you ever choose to go that route...

I'd be curious to have you experts poke holes at my half thought out plan -- since I might actually pursue it at some time in the future (I am by NO MEANS even CLOSE to as smart as most of the posters here on the forum)...

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: TommyBitcoin on June 08, 2016, 12:21:19 AM

Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts? Is it better to buy and hold or buy low/sell high?

I think holding your BTC for a long time could be better, if only you have a large amount of BTC therefore you can generate a large profit in the long-term. Yes with bitcoin our patience will get reward for us.

Doraiimon

newbie

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Quote from: BitcoinHodler on June 19, 2016, 08:20:08 AM

since you are a beginner in trading i suggest you to stick with holding your bitcoin for the time being and enjoying the ride to the moon with bitcoin.

and if you are really interested in trading start with a small amount and you may even have an easier chance of learning in altcoin market.

I have a good experiance on bitcoin trading and etc

I think btc gonna rich 1k$ soon

what do you think?

BitcoinHodler

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HODLing is an art, not just a word...

since you are a beginner in trading i suggest you to stick with holding your bitcoin for the time being and enjoying the ride to the moon with bitcoin.

and if you are really interested in trading start with a small amount and you may even have an easier chance of learning in altcoin market.

ashkanb

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it all depends sooo much on sooo many different factors.
the size of your capital. the condition of the market on a particular day. the general trend of the market. (so many other factors!)
all of that is just the half of it. a very important part of any trading system is the trader!
what makes you more comfortable & where can you feel most in your zone!

personally i'm massively limited in my access to different exchanges (because of political/national reasons beyond my power)
arbitrage inbetween different exchanges, never really been an option for me; so i've never bothered to do the actual math!
but you've been there, done that & have the data.

invest in an experiment! allocate a bit of funds; try the other method (buy some & hold).
establish the parameters of your experiment, based on Your understanding of the market & Your expectations.
& Stick To It!
repeat a few times, get a feel for it.
then you can easily decide which one works best for You!

It sure is most profitable to go all in on every trade but ever heard of not putting all your eggs in one basket, one-third rule & alike?
just look it up maybe you'll find interesting ideas!

hermanhs09

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I think that simply holding onto bitcoins is a better option than arbitrage, because if you're looking to sell your coins all the time obviously you'll incur a huge amount in fees alone.

While holding onto coins will bring you perhaps small, but at least steady profits.

anthonydar

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★CryptoGamesFX.com★

Quote from: coinzat on June 18, 2016, 02:39:59 PM

arbitrage is better because it is a profit in short time and you may be able to repeat it. but it is not easy to do arbitrage with bitcoin because some exchanges does not withdraw instantly and the price may change in the opposite direction before you close the deal

If you hold lots of bitcoin and fiat and two exchanges, then you do not need to transfer the coin/fiat between exchanges.

coinzat

sr. member

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Young but I'm not that bold

arbitrage is better because it is a profit in short time and you may be able to repeat it. but it is not easy to do arbitrage with bitcoin because some exchanges does not withdraw instantly and the price may change in the opposite direction before you close the deal

bitcoinisfurture

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Quote from: TommyBitcoin on June 08, 2016, 12:21:19 AM

Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts? Is it better to buy and hold or buy low/sell high?

Generally its better to hold and sell. This has what has happened now also. Infact if you would have holded for a month would have gain an enormous profit. Also the risk attached is equally that big. Since its the risk reward ratio we can say about it.

Dc147

newbie

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Be patient! I'd suggest you hold on to your coins.Personally waiting till after the halving is the best safest practise at the moment.If price gets upto 1k and above then you're in for good profit.

anthonydar

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★CryptoGamesFX.com★

If you believe the bitcoin price is going to rise in the long term, it is better to hold it. Trading is difficult for most people.

phreaky

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What people already said is the bitcoin and that is also true, the bitcoin is better right now with the future.
Its now also so profitable on a short term so that is saying enough in my eyes.

eternalgloom

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I've been burnt too many times by trying to succesfully arbitrage to recommend doing it steadily. Could be just bad luck on my part or lack of knowledge Wink

I would just hold and look at the long term prospects, but that's just my opinion.

newcoins1978

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Holding on the bitcoin is in my eyes better because of the fact that the bitcoin is now doing some good business.
Its rising very fast and will even rise to a higher amount for sure.

Dr.Famous

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It literally depends on the situations of both the current Bitcoin market and you, yourself.
As now days bitcoin just raised the level within some days, it would have been easy to make much profit by holding them.
But at the time when the price gets stable, you should be doing arbitrage.
Thats how you can earn, i will ask you to hold for a month more.

~Dr.Famous~

Herbert2020

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Quote from: TommyBitcoin on June 08, 2016, 12:21:19 AM

Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts? Is it better to buy and hold or buy low/sell high?

both of them are good ways of making money, you should see which one is better for you. usually people are choosing the easy way of just buying low and hold it and wait until the price is high and then sell it.

but also you can see that there is always a lot of ups and downs in the market which can be considered good opportunities to buy low and sell high every day on each of these dips and rises.

Sled

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Bitcoin- in bullish time

Quote from: TommyBitcoin on June 08, 2016, 12:21:19 AM

Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts? Is it better to buy and hold or buy low/sell high?

It's better to buy bitcoins and hold them like for another weeks or months than selling it in just a few days. So, if you will buy bitcoins again i suggest to you to hold it until the bitcoin halving done on the month of july to feel the big profit that you will get.

Chris!

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Quote from: TommyBitcoin on June 08, 2016, 12:21:19 AM

Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.

What are your thoughts? Is it better to buy and hold or buy low/sell high?

You also have to the careful about which exchange you're using. You don't want to be stuck in a Mt Gox or Cryptsy situation where you can never withdraw your funds. Which exchange/exchanges do you use?

How many Bitcoins are you trading? What % are you gaining from arbitrage? If it's over 0.5%/day then I would say it's worth it (depending on the amount you're risking of course).

martinacar

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If you want to play it safe choose the bitcoin, right now the bitcoin also has a great future so its worth it.
The price will increases very soon to the range of 800 dollar so there can be made huge profits in the future days.

bloodnest

member

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Merit: 10

Arbitrage if you have the stomach for it.

Holding if you want to play safe with your bitcoins.

Either way, there's a potential for both to earn you bitcoins though one is more guaranteed for you to earn. You can try to play with both, lessen up the risk of losing your pool of BTC.

Topic: Which is better: arbitrage or simply holding onto bitcoins? - page 2. (Read 2414 times)