Title: Arbitrage / Easy money for new people Post by: nfcmgjh on May 19, 2017, 09:43:32 PM Here is an easy way to make money if you don't know too much about coins.
1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Title: Re: Arbitrage / Easy money for new people Post by: Pursuer on May 20, 2017, 03:33:11 AM here is the big problem with this strategy of yours:
1) Find a newer exchange that doesn't have a lot of people. this means when the exchange doesn't have enough people, it doesn't have enough volume. in cryptopia that you mentioned the minimum order that you can make is as small as 500 satoshi and these two means the orderbook is filled with small orders, sometimes it is so small that it can not even cover the transaction fees. and most of the time the profit is so small it doesn't worth the time and risk to even try this. and worst part is that many of these small exchanges, for example Yobit are scam. or their wallets are empty, out of work, ... and I have tried this, you go buy some altcoin there and when you want to withdraw you hit a brick wall. your funds will be blocked in limbo because you can not cancel the withdrawal and support doesn't reply and the price keeps falling on both places so when your withdrawal is finally canceled you sell at the same place at a much lower price and lose big time. Title: Re: Arbitrage / Easy money for new people Post by: Sled on May 20, 2017, 04:41:26 AM Here is an easy way to make money if you don't know too much about coins. There is no doubt that arbitrage is one of the best source of fast income as of now because there is a lot of exchangers available and it is easy to make money by buying cheaper and selling it for a higher price on another exchanger. Arbitrage is so easy because you just need to transfer coin to another exchanger and you can make money.1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Title: Re: Arbitrage / Easy money for new people Post by: xuan87 on May 20, 2017, 10:58:50 AM Arbitrage trading is one of the best way to earn, it got small profit but it is safe but there are so many things that you need to know before try arbitrage trading, eventhough there are a lot of exchanger that have different prices but we also need to consider the transaction time and whether anyone is going to buy our bid, so it is not easy to do arbitrage trading
Title: Re: Arbitrage / Easy money for new people Post by: sulendra12 on May 20, 2017, 11:15:10 AM I agree with the post above, you should take a look with confirmation time and the price gap between each exchange to avoid any loss happened. Because if you just blindly sent your address especially to new exchanges you might ended to lose.
Title: Re: Arbitrage / Easy money for new people Post by: el-venexian on May 20, 2017, 05:16:38 PM In arbitrage there are a lot of thing to mention. In my opinion only a bot can do this job.
I'm thinking to develop a java bot to do arbitrage. Do you think is a good idea? best regards Title: Re: Arbitrage / Easy money for new people Post by: Idrisu on May 20, 2017, 09:38:44 PM Bots may not be able to do the job in a long- terms as most bots loses after getting some few profits. Arbitrages is one of the best way to earn bitcoin but don't jump into it without adequate know on how it works and pre idea on the fees charge by your two exchangers as this determine if you will make profit or not.
Title: Re: Arbitrage / Easy money for new people Post by: ophyrim on May 20, 2017, 09:54:34 PM I have never tried. And i think i will never try. Arbitrage is riskier than trade i think. just buy a cheap and trusted coin after some little analysis and research, wait a little bit and sell. That's all. I don't want to buy a coin just because the prize is different between two different exchange. How do you know how much time the transaction will take?
Title: Re: Arbitrage / Easy money for new people Post by: digaran on May 20, 2017, 10:06:46 PM Already tried it so many times and here is what I got from it:
By the time my deposit was confirmed some body else sold their coins and the buy wall was gone and I just rushed into it and paid the fees for no reason. Or: By the time I was able to deposit and sell with the desirable price I found out that Bitcoin price has changed in a way that the value in dollar didn't actually change and I thought I earned a profit but I really didn't. Title: Re: Arbitrage / Easy money for new people Post by: Nagadota on May 20, 2017, 10:36:50 PM In arbitrage there are a lot of thing to mention. In my opinion only a bot can do this job. Yes, but it won't be easy to fully automate it due to how irritating exchanges can be with fees, deposits and withdrawals, etc. You also want to stay well away from the super shady exchanges like YoBit or you might lose all your coins soon enough.I'm thinking to develop a java bot to do arbitrage. Do you think is a good idea? Ideally you'd have a human touch and it would be more like an arbitrage "software" which tells you exactly what to do. Title: Re: Arbitrage / Easy money for new people Post by: Clement Kaliyar on May 20, 2017, 11:17:17 PM It is well and safe to play the Arbitrage game in a bull market,but everything changes when it is a bear market,the possibility of making a profit will end up in a disaster if the market crashes and even if you are doing arbitrage never risk on doing it with low volume coins and shaddy exchanges as it will cost you in the end.
Title: Re: Arbitrage / Easy money for new people Post by: eaLiTy on May 20, 2017, 11:23:16 PM @nfcmgjh , it is a really good method and some of the day traders are doing these but with the transaction delays and the time taken while transferring bitcoin is hurting these big time and i have shifted my focus on ETH trading for faster confirmations even then you have a really small window of opportunity to trade with ETH and more over i did have big delays with POLO and liqui recently as it took a couple of days to settle my coins with POLO and ended up in a huge loss and still i am waiting for a solution from liqui even after 36 hours.
Title: Re: Arbitrage / Easy money for new people Post by: Wind_FURY on May 21, 2017, 03:45:49 AM Arbitrage is not practical anymore unless you have a lot of Bitcoins deposited in many exchanges. If you really want to
do arbitrage as a strategy it would be better to have a partner from the other exchange and you split the profit. Title: Re: Arbitrage / Easy money for new people Post by: pooya87 on May 21, 2017, 04:43:06 AM for new people, definitely not. it is a very bad idea for them to even want to try this. it is best if they start with simple way of trading, the regular way of buying low and selling high without any fuss.
arbitrage at the very least needs a strong bot which makes things faster and more accurate. specially for the calculations. and it is not enough profit but a lot of loss and that doesn't make anyone want to try that as a serious way of making money. Title: Re: Arbitrage / Easy money for new people Post by: freebutcaged on May 21, 2017, 05:10:01 AM After thinking about arbitrage trading for half an hour I just realized that when you try to buy or sell a coin it's better to check other exchanges first to make sure you are not paying or getting more or less.
Think about it, you are basically profiting from other people's ignorance, if they knew that they are buying something which is cheaper some where else they would have never paid a penny extra. Oh wait, this is crypto and no one cares. Title: Re: Arbitrage / Easy money for new people Post by: PanGiMoon on May 21, 2017, 05:35:19 AM As for me, there is a simple management only in some fraudulent project. There is a saying that free cheese is only in a mousetrap, and therefore I'm not trying to light money. Of course, there is a tempting offer, and everyone tries to try to earn some money on the easy. But it always turns around or is deceived or lost.
Title: Re: Arbitrage / Easy money for new people Post by: PokerFace3 on May 21, 2017, 02:33:16 PM Arbitrage is not practical anymore unless you have a lot of Bitcoins deposited in many exchanges. Still it cannot help for continuously availing arbitrage profits as we need to move funds back to the starting point so that we can continue until prices across exchanges converge.If you really want to do arbitrage as a strategy it would be better to have a partner from the other exchange and you split the profit. This idea is good but we need to believe on the partner to keep his words all the times and with this idea too we cannot continue arbitrage as long as prices trades in gap. After some particular point, we need to move funds. But both of your ideas guarantee making use of price gap at least for one time.Title: Re: Arbitrage / Easy money for new people Post by: angaper on May 21, 2017, 10:50:48 PM I have always thought that arbitrage is usually a smart way to make money in several businesses (especially in betting), but I am not so sure it's so suitable in the altcoin market. Commissions, sudden pumps and dumps, processing time of transactions, etc, etc... I see a bit hard to make consistent benefits from arbitrage here.
Title: Re: Arbitrage / Easy money for new people Post by: gregory51gosh on May 22, 2017, 03:54:36 PM if you consider an initial investment into coin as a 'fuel' of transaction, arbitrage should give the result of no change in owned asset but with + equation of FIAT.
Title: Re: Arbitrage / Easy money for new people Post by: BrewMaster on May 22, 2017, 04:18:10 PM as a beginner you should be trying to learn the basic stuff first, then if you wanted you can move up to more advanced matters.
what you are suggesting is like telling someone who can not drive to go participate in a drag race! obviously you need to learn how to drive first, then drive for a while around at slow speed then speed things up. if you jump in trying to do Arbitrage trading no matter how much you think you can analyze and see all the numbers OP listed through, in action you will hit a brick wall and you will feel a need for a strong bot that automates all of it for you. Title: Re: Arbitrage / Easy money for new people Post by: gregory51gosh on May 22, 2017, 05:57:36 PM could you please outline a little more? It is obvious that to put forward the idea of arbitration it can not be summarized in a few words.
Title: Re: Arbitrage / Easy money for new people Post by: Qartada on May 22, 2017, 09:20:59 PM could you please outline a little more? It is obvious that to put forward the idea of arbitration it can not be summarized in a few words. "Arbitration"...It can be summarised in a sentence, and that sentence is "Arbitrage trading is a practice in which a person or bot corrects inefficiencies between different markets and different assets by buying and selling for the best prices in order to make a sure profit". Title: Re: Arbitrage / Easy money for new people Post by: Trophonius on May 22, 2017, 09:23:08 PM I'm going to try this tommorow. I think I have a good exchange website where this would work. If not it doesn't really matter, if it does. I'll reply again.
Title: Re: Arbitrage / Easy money for new people Post by: FlamingFingers on May 22, 2017, 09:29:41 PM here is the big problem with this strategy of yours: Best reply in here. True, I have tried this so many time, and made a nice profit, but ended up losing most (if not all) my funds. YoBit has a lot of arbitrage opportunities, but, as you said, one will hit a brick wall with their ever-lasting maintenance wallet. I have also seen a lot of other exchanges, but the profits seemed to be unworthy of the time, especially now during the rise of bitcoin fees. 1) Find a newer exchange that doesn't have a lot of people. this means when the exchange doesn't have enough people, it doesn't have enough volume. in cryptopia that you mentioned the minimum order that you can make is as small as 500 satoshi and these two means the orderbook is filled with small orders, sometimes it is so small that it can not even cover the transaction fees. and most of the time the profit is so small it doesn't worth the time and risk to even try this. and worst part is that many of these small exchanges, for example Yobit are scam. or their wallets are empty, out of work, ... and I have tried this, you go buy some altcoin there and when you want to withdraw you hit a brick wall. your funds will be blocked in limbo because you can not cancel the withdrawal and support doesn't reply and the price keeps falling on both places so when your withdrawal is finally canceled you sell at the same place at a much lower price and lose big time. Title: Re: Arbitrage / Easy money for new people Post by: nfcmgjh on May 23, 2017, 12:37:38 AM I'm going to try this tommorow. I think I have a good exchange website where this would work. If not it doesn't really matter, if it does. I'll reply again. Use small amounts at first, notice the comments from people who lost money because of maintenance wallets, price fluctuations etc. For the last week bcn has had an enormous spread between cryptopia and poloniex. Right now you could buy a btc worth at cryptopia at 127 i.e., 780,000 bcn and sell them on poloniex at 187 for 1.45 btc as long as both wallets work, price does not move quickly against you, no security issues, no other problems etc. Some risk but fair potential gain. Title: Re: Arbitrage / Easy money for new people Post by: deddod on May 23, 2017, 05:16:03 PM Many people are benefit from arbitrage. But please note a lot of risk in doing arbit for example inter-market transactions are very long time. Need more knowledge and the right decision to do an arbitration. ;)
Title: Re: Arbitrage / Easy money for new people Post by: OliynyK on May 23, 2017, 05:21:09 PM Many people benefit from arbitrage. But please note a lot of risk in doing arbit for example inter-market transactions are very long time. Need more knowledge and the right decision to do an arbitration. ;) In a bull market we are able to do some good arbitrate as there are many exchanges we can take care of to make a good profit.There are risks involved and with more people coming into altcoin exchanges even they are having issues to accommodate everyone and so there are delays in getting your coins out.Title: Re: Arbitrage / Easy money for new people Post by: deddod on May 23, 2017, 06:17:04 PM Many people are benefit from arbitrage. But please note a lot of risk in doing arbit for example inter-market transactions are very long time. Need more knowledge and the right decision to do an arbitration. ;) would you like Give me recommendation a safe market for arbitrationTitle: Re: Arbitrage / Easy money for new people Post by: SaShiRaJaVu on May 23, 2017, 09:38:06 PM I find your idea principally good. But the key question is if the small advantages will be worth enough to compensate the total losses you will have with the newer exchanges? It only works only if you are dealing with a decent amount of money ,if not it is not worth it,but in the past few days things are getting worse as most of the exchanges are getting DDOS and the withdrawal takes forever even with the alt coins and so it is good to take a break or find a exchange and stick with them rather than doing arbitrage atleast for now.Title: Re: Arbitrage / Easy money for new people Post by: avikz on May 23, 2017, 11:21:11 PM Good that op has taken the pain to describe the arbitrage process here. I have been using this method for long. The presence of many exchanges actually made our job easier to get some quick profit. People with less experience with bitcoin can make a good amount of money from arbitraging.
Try c-cex for selling because II have noticed that the price in this exchange is always inflated for many coins. Also using coinmarket cap website you can quickly find another exchange with less price for buying. It's easy money and not much trading experience is required. Title: Re: Arbitrage / Easy money for new people Post by: ArdiPrabowo on May 23, 2017, 11:38:23 PM i think arbitrage not easy but very dificult
you must calculation fee and how long to sending and withdraw you must know, this now sending bitcoin is very long time confirmation Title: Re: Arbitrage / Easy money for new people Post by: ogoowinner on May 24, 2017, 01:18:54 AM as a beginner you should be trying to learn the basic stuff first, then if you wanted you can move up to more advanced matters. You are absolutely Right. One needs to know the basics of trading before venturing that far or you might lose all coins. Sometimes, we ned to dig deep on formation before someone takes it and lose his hard earned coin. ;)what you are suggesting is like telling someone who can not drive to go participate in a drag race! obviously you need to learn how to drive first, then drive for a while around at slow speed then speed things up. if you jump in trying to do Arbitrage trading no matter how much you think you can analyze and see all the numbers OP listed through, in action you will hit a brick wall and you will feel a need for a strong bot that automates all of it for you. Title: Re: Arbitrage / Easy money for new people Post by: Sled on May 24, 2017, 01:26:34 AM as a beginner you should be trying to learn the basic stuff first, then if you wanted you can move up to more advanced matters. You are absolutely Right. One needs to know the basics of trading before venturing that far or you might lose all coins. Sometimes, we ned to dig deep on formation before someone takes it and lose his hard earned coin. ;)what you are suggesting is like telling someone who can not drive to go participate in a drag race! obviously you need to learn how to drive first, then drive for a while around at slow speed then speed things up. if you jump in trying to do Arbitrage trading no matter how much you think you can analyze and see all the numbers OP listed through, in action you will hit a brick wall and you will feel a need for a strong bot that automates all of it for you. Title: Re: Arbitrage / Easy money for new people Post by: qiwoman2 on May 24, 2017, 07:00:40 PM I do arbitrage trading now and then but only on exchanges I trust and also on coins that I don't mind holding if my arbing doesn't work or happens in time. Also now fees for btc are higher so we need to make sure that we earn enough profits when we try to trade this way.
Title: Re: Arbitrage / Easy money for new people Post by: ucho1990 on June 09, 2017, 03:53:28 PM Check this site http://trade.btcprojects.website/ if you are interested an arbitrage script and trade
Title: Re: Arbitrage / Easy money for new people Post by: dothebeats on June 09, 2017, 03:57:28 PM Won't work in bitcoin. If you're looking for quick tx times, you should pay quite a couple dollars for it to be processed within the next block. If the offset of the two trading prices you have is a couple of dollars, you'd already lose it just by transferring funds. In crypto, it might be a similar thing. There should be a huge difference between 1 exchange over the other to make an okay profit within the day. If not, you're simply wasting time tossing funds back and forth.
Title: Re: Arbitrage / Easy money for new people Post by: Amadues on June 09, 2017, 10:33:23 PM Check this site http://trade.btcprojects.website/ if you are interested an arbitrage script and trade I liked the site layout and feature to compare different exchange's prices in one place. There are other free services offering market comparison to find best bid and offer rates. But this one is brilliant.I found interesting and unknown exchanges on site.Why dont they add cex.io exchange to base data? Also they can add alert which automatically send email to customers when the rate for coin price reaches a x-week high.I already contacted with them via email. Title: Re: Arbitrage / Easy money for new people Post by: xenothan on December 20, 2017, 11:31:04 AM Hey Everyone.
I wrote this little script to check the variance differences between CEX.io and Bittrex as I noticed quite a big difference in USD pricing between the 2. Might be useful to some of yo so here it is: https://github.com/xenothanhojem/arbitrage Thanks! Xen Title: Re: Arbitrage / Easy money for new people Post by: hodlsquat on January 25, 2018, 09:31:47 AM If you really want to do arbitrage as a strategy it would be better to have a partner from the other exchange and you split the profit. This idea is good but we need to believe on the partner to keep his words all the times and with this idea too we cannot continue arbitrage as long as prices trades in gap. After some particular point, we need to move funds. But both of your ideas guarantee making use of price gap at least for one time.[/quote] Hey PokerFace3, trust building is the biggest obstacle in doing this. I created this thread https://bitcointalk.org/index.php?topic=2817211.msg28842082#msg28842082 to gather the people who are legit about doing this. All you need is another decent human being on the other side of the world and you can have a lifeterm business relation with mutual benefits. I`m not saying this is easy or not risky but it can be done. So everyone who wants to be part of the solution please join the thread and chime in. Everyone who is part of the problem please stay away. Title: Re: Arbitrage / Easy money for new people Post by: adaseb on January 25, 2018, 09:33:27 AM I used to do this back in 2014 or so.
Back then there wasn't too many bots. And depending which currencies you were watching you could make an easy 2-3% or so. However as time went on... more and more bots were added and it became very difficult to compete. These days you can forget about doing this... Title: Re: Arbitrage / Easy money for new people Post by: Piterg on January 25, 2018, 09:44:47 AM Arbitration is trading only for robots at the moment, forget about manual trading through arbitrage, this is not what you will not earn, plus you need to have a decent amount for each exchange on each exchange! In the network now there is a sale of bots for trading with the help of arbitration, try if so want
Title: Re: Arbitrage / Easy money for new people Post by: lopez cryptomania on March 12, 2018, 10:34:39 PM I agree that Arb. is easy money but not that it's for new people being that there's a lot more to it than just what's on the surface. I'm keeping my eyes on this upcoming ICO as they are releasing the first arbitrage exchange focused on bringing in the masses with their easy to use UI and by leveling trading volatility. Arbitrage is a great way to make a profit especially once you're able to trade across the world with major exchanges by utilizing this platform.
https://bitcointalk.org/index.php?topic=3085831.msg31823480#msg31823480 Title: Re: Arbitrage / Easy money for new people Post by: bohr on March 13, 2018, 03:26:50 AM In theory arbitrage is easy to do buy a coin and sell it in another exchange for a bigger price, the reality is that arbitrage is one of the most difficult ways to make money in cryptocurrencies you have to deal with all kind of problems from scam exchanges, very slow withdrawals, know your customer verifications and that is just the tip of the iceberg, making money with arbitrage is not for newbies and should only be done by professionals with specialized software.
Title: Re: Arbitrage / Easy money for new people Post by: sotoshihero on March 13, 2018, 03:43:31 AM In theory arbitrage is easy to do buy a coin and sell it in another a change for a bigger price, the reality is that arbitrage is one of the most difficult ways to make money in cryptocurrencies you have to deal with all kind of problems from scam exchanges, very slow withdrawals, know your customer verifications and that is just the tip of the iceberg, making money with arbitrage is not for newbies and should only be done by professionals with specialized software. Thats correct, I have tried this several times and end up losing. As an advise when you arbitrage, make sure the wallet is online on each exchange. Sent first a small amount, if its ok then you can proceed on bigger transactions. It happened that I buy a huge amount and when I sent it, wallet from other site is on maintenance, it takes several weeks to recover and higher price gone down already. Hope this will give a lessons to others too. Title: Re: Arbitrage / Easy money for new people Post by: clarkt on March 13, 2018, 05:47:49 AM Arbitrage is all good and rosy if you have fund to actually move trade in both direction. The free market ensure you are in control of your fund and decisions. I think we should all take advantage of arbitrage opportunities that exist in all exchange.
Title: Re: Arbitrage / Easy money for new people Post by: mustafizur8400 on March 13, 2018, 06:07:45 AM Here is an easy way to make money if you don't know too much about coins. I should appreciate you for your kind information but before I start with this I will spend enough time to get to know about the pros and cons of this .1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Title: Re: Arbitrage / Easy money for new people Post by: supermine on March 13, 2018, 06:41:07 AM Arbitrage trading is not only for new it is for everyone but newbies need to find the exchanges first then do trades.The best way of arbitrage trading of bitcoin is buy at the coinbase and sell at the localbitcoins.com because there price of localbitcoin site is little more than the actual market rate but the prices will change periodically so need to act fast if you want money and need to have good investment that can cover the transaction and deposit fee.
Title: Re: Arbitrage / Easy money for new people Post by: shezu007 on March 13, 2018, 06:47:36 AM In principle arbitrage is anything but difficult to do purchase a coin and offer it in another a change at a greater cost, actually arbitrage is a standout among the most troublesome approaches to profit in cryptographic forms of money you need to manage all sort of issues from trick trades, moderate withdrawals, know your client confirmation and that is only a hint of a greater challenge, profiting with arbitrage isn't for amateurs and should just be finished by experts with specific programming.
Title: Re: Arbitrage / Easy money for new people Post by: Idrisu on March 13, 2018, 07:17:39 AM Here is an easy way to make money if you don't know too much about coins. Nice idea and I have been trying to do this for long and this your example give me some view on how to arbtrage. I hope it will be as simple as you have saying. Because I decided to avoid it some weeks back when I stated to caculate the difference in exchange and there fees.1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Title: Re: Arbitrage / Easy money for new people Post by: bohr on March 19, 2018, 03:32:54 PM In principle arbitrage is anything but difficult to do purchase a coin and offer it in another a change at a greater cost, actually arbitrage is a standout among the most troublesome approaches to profit in cryptographic forms of money you need to manage all sort of issues from trick trades, moderate withdrawals, know your client confirmation and that is only a hint of a greater challenge, profiting with arbitrage isn't for amateurs and should just be finished by experts with specific programming. Yeah if someone is going to do some arbitrage trading then it could be a good idea to do it in markets that have more volume and that does not have as many of those technical issues as the exchanges of cryptocurrencies, arbitrage trading may be a good idea if you are trading in forex since in there you are not going to get some of the problems that you are going to face with exchanges.Title: Re: Arbitrage / Easy money for new people Post by: Leonard2016 on March 19, 2018, 08:03:19 PM Here is an easy way to make money if you don't know too much about coins. It is not very easy , Since it takes some times that you withdraw some coin to other exchange and in that time prices could changes , also you need to consider the fees , sometimes fee is very high for some coins.1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Title: Re: Arbitrage / Easy money for new people Post by: Fatunad on March 19, 2018, 08:06:15 PM -snip- This is just a basic concept or explanation on how an arbitrage trading does really work which it is really truly very simple but the question is on how to execute it without suffering loss?This would really require fast or instant deposits and withdrawals between exchanges because we do know that price difference opportunity doesnt really last too long.You might able to get the order or end up on wasting up your money on fees.Title: Re: Arbitrage / Easy money for new people Post by: green547 on March 19, 2018, 08:30:09 PM This can backfire as well, sometimes transfers can be very very slow from one exchange to another and the opportunity is lost.
Title: Re: Arbitrage / Easy money for new people Post by: gon on March 19, 2018, 08:52:01 PM Arbitraging is not that easy at all. It's far away from just 10 point list.
I lost a small fortune until clear all mistakes in my trades and low it's much less profitable than an year ago. Title: Re: Arbitrage / Easy money for new people Post by: qwirtiii on May 22, 2018, 08:16:57 AM Here is an easy way to make money if you don't know too much about coins. 1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Wow, thank you for this forum . Now i know what is arbitrage and thank you for the good posts it can really help me soon when i was in the most higher rank. Title: Re: Arbitrage / Easy money for new people Post by: leea-1334 on May 22, 2018, 08:23:38 AM I am always glad when someone new finds something useful in all these posts - but always take the most negative statements the most seriously. Nothing is ever easy,,, if anything is easy, it is often not sustainable and leads to unrealistic future expectations. Approach everything as if it is the most difficult thing, and when you gain success, you can feel satisfied. Arbitrage is a simple concept but difficult to achieve, do not let people fool you with false results. Good luck to you.
Title: Re: Arbitrage / Easy money for new people Post by: Supercrypt on May 23, 2018, 10:48:06 AM In arbitrage there are a lot of thing to mention. In my opinion only a bot can do this job. Let us see how the bot is going to end up working out but it would be a good thing to actually get to see a bot that would do the whole transaction quickly and take advantage of those moments pretty fast. It is a good idea for real.I'm thinking to develop a java bot to do arbitrage. Do you think is a good idea? best regards To the main topic, arbitrage is a lot risky and you really want to be doing those transactions on exchanges with good review. I may as well be looking at a way to even try it out one of these days with some little amount and see how that ends up. You really do not want to be concentrating on the price of the coin alone on any of the exchanges you want to be doing arbitrage on, but you really want to consider the volume on those exchanges. Also, in the exchanges where you are going to be seeing stuffs like this, you really do not want to be moving funds around too much from one of them to the other, as you will end up standing a huge chance of risking your funds at the end if care is not taken. Title: Re: Arbitrage / Easy money for new people Post by: Papcio77 on May 23, 2018, 10:55:35 AM I agree with arbitrage for an east fast money. You just need enough funds to earn big profit and cover the transaction fee of using two different trading site. You just need to find token or coin that has a big gap on price or tokrn which is pumping at one exchange anf the second one is not. Perfect to do arbitrage. Please not that only choose the token has a good volume on that time
Title: Re: Arbitrage / Easy money for new people Post by: Titus Maximus on May 23, 2018, 11:47:12 AM Here is an easy way to make money if you don't know too much about coins. There is no doubt that arbitrage is one of the best source of fast income as of now because there is a lot of exchangers available and it is easy to make money by buying cheaper and selling it for a higher price on another exchanger. Arbitrage is so easy because you just need to transfer coin to another exchanger and you can make money.1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. It sounds pretty straightforward. But recently I saw an arbitrage opportunity (Bitcoin Diamond) and bought the coin, when Ictried to withdraw then I received the message that withdrawals for this currency are disabled Title: Re: Arbitrage / Easy money for new people Post by: Thanasis on May 23, 2018, 12:04:29 PM In arbitrage the stategy involving isneasybwe need to buy at one exchange with low price and sell them at high price at another exchange but the problem is with withdrawal many time our transactions will stuck for days at the time we will lose our money so it is better to understand the risk invloves before trying.
Title: Re: Arbitrage / Easy money for new people Post by: Mastsetad on May 27, 2018, 07:38:55 AM Here is an easy way to make money if you don't know too much about coins. The information you have given is really helpful, especially for newbies who are still struggling with making success through crypto investment, but I don’t really know if you’re right with the number one tip you gave on making use of a new website. New websites don’t have much members or people making use of it, so I’m really confused on that. But if it works, no probs.1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/ 3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Title: Re: Arbitrage / Easy money for new people Post by: jrrsparkles on May 27, 2018, 07:58:04 AM Arbitrage trading is easy but comes with risky too,at the waiting time you will lose your profits amount if the price falls and some exchanges have issues while depositing and withdrawing it may take hours too.So if you can find two best exchanges with price difference then you are free to go.
Title: Re: Arbitrage / Easy money for new people Post by: Phantomberry on May 27, 2018, 08:28:58 AM I learn it from my friend and it is worth it but choose wisely the coin you want to arbitage and the be always prepared when it comes of losses possibility.
Title: Re: Arbitrage / Easy money for new people Post by: Leonard2016 on May 27, 2018, 11:30:15 AM Arbitrage could be a good idea if :
1. you have consider fee completely (sometimes fees are too much that would make you regret after it) 2. it would take some times from some hours to some days to have your coins sent and you see it in new exchange and in that time the price of it could fall 3. you are certain that the wallet of the new exchange is not in maintain mode , unless you need to wait ages ( once it happened to me!) Title: Re: Arbitrage / Easy money for new people Post by: LePhuCuong on May 27, 2018, 01:17:08 PM In arbitrage the stategy involving isneasybwe need to buy at one exchange with low price and sell them at high price at another exchange
Title: Re: Arbitrage / Easy money for new people Post by: Sandy25 on May 27, 2018, 02:24:08 PM Arbitrage is one method i often do on trading aside from instant profit its not causing me too much stress while trading and this one is the easiest way for me to get some profit on trading.
Title: Re: Arbitrage / Easy money for new people Post by: mrproblem on May 27, 2018, 02:40:50 PM if you make it as really what it is it is easy money but most of time you need to find opportunities on exchanges
Title: Re: Arbitrage / Easy money for new people Post by: ryzaadit on May 27, 2018, 02:42:34 PM Arbitrage is one method i often do on trading aside from instant profit its not causing me too much stress while trading and this one is the easiest way for me to get some profit on trading. I know Arbitrage can make you easy profit but its really dangerous if you got problem on chain transaction, the problem its something whent coins have some diferent from other exchange. The transaction really long for progres example like BCN listing on Binance the chain its really overloadTitle: Re: Arbitrage / Easy money for new people Post by: btccoffee on May 27, 2018, 03:42:46 PM Arb is good if you have a good enternet connections and if you have a good skills to do that trade. Some of exchangers change the price in a matter of seconds and when you recieve your coins its already dump so you lose. Thats why arbritage is risky for me and i dont want to do that.
Title: Re: Arbitrage / Easy money for new people Post by: Vanester2014 on May 27, 2018, 03:47:53 PM Arb is arbitrage is a good way to earn money in trading but for me arbitrage is more risky than we are doing traditional trading and it requires a good skills and is you are just a newbie then you should try to study first before you can do arbitrage.
Title: Re: Arbitrage / Easy money for new people Post by: dekcutbusu33 on May 27, 2018, 05:02:46 PM Yes arbitrage trading is one of the best ways to earn, it gets a small but safe profit but there are so many things you need to know before attempting to trade arbitration, although there are many exchangers that have different prices but you also need to consider time transactions. but do not use it right away without knowing how it works and the cost ideas charged by your two exchanges for determining whether you will make a profit.
Title: Re: Arbitrage / Easy money for new people Post by: Mahanton on May 27, 2018, 05:13:58 PM Cryptopia? No thanks.!
I would rather find up other exchange rather than engaging myself into this thing. Arbitrage is simple but would really be need to be done on a precise matter for you to be profitable but if not then you would just lose up money because of the fees. Finding new or non popular exchange just to buy up a coin is really a dangerous and not a suggested thing. Title: Re: Arbitrage / Easy money for new people Post by: wuvdoll on May 31, 2018, 05:45:00 AM I agree with the post above, you should take a look with confirmation time and the price gap between each exchange to avoid any loss happened. Because if you just blindly sent your address especially to new exchanges you might ended to lose. Any arbitrage that is not even having a pretty huge gap that is worth the risk should not even be done as it is not worth it. Arbitrage is a huge risk and you want to be sure you are doing this on exchanges you know you can at least trust that you won't be having problem with transaction at all and even if an issue ends up coming up, you can at least have a support to contact and rectify the issue. The opportunity with arbitrage can actually be a cool one, but best to trade with what you can afford to lose just like the OP said.Title: Re: Arbitrage / Easy money for new people Post by: coinbirds on June 03, 2018, 05:28:47 PM Arbitrage trading is a huge opportunity in Crypto for sure as there are many exchanges and the volatile market also helps.
Having some concerns as well : Deposit/withdrawal time, transaction delays, Volume on both Exchanges, trading fees at different Exchanges, different exchanges different platforms ( You have to be registered with many exchanges ) You have to act and calculate fast as You have to close Your positions on both Exchanges at the same time, otherwise it is very risky as price can change and You can end with a loss. Possibility is there, quick execution is questionable for me. Title: Re: Arbitrage / Easy money for new people Post by: gedabuz on June 03, 2018, 06:14:07 PM a few days ago when I was starting to learn arbitrage, I found a site tool to monitor arbitrage, I do not know how high the accuracy value but on the site it has many options like exchange, market and volume .. maybe you can try it.
visit = https://coingap.org which makes me trouble is when the price difference occurs due to wallet maintenance factor. Title: Re: Arbitrage / Easy money for new people Post by: coinadon on June 03, 2018, 07:08:58 PM Be careful when arbitrage, never miss the most important half before doing arbitrage.
1. Check the availability of the wallet You must make sure the wallet is On. On both sides. 2. Note the sales volume And buy between markets. If you buy with large quantities, while the recipient market is only available buy small wall. Do you want to lose money? 3. Make sure the delivery time Choose a coin with a shipment that does not take long if you want to arbitrage. Just a Suggestion from Me, Because if arbitrage is constrained. You can lose a lot of time. Title: Re: Arbitrage / Easy money for new people Post by: vinbentrob on June 03, 2018, 07:27:32 PM From my experience, I think arbitrage should be quite easy with tokens that are based on ethereum! All you need is for you to identify token that are trading at good margin in different exchanges and once you determine it has liquidity, simply increase your Gwei for speed and record confirmation, then you can quickly pick your trade and make profit!
Title: Re: Arbitrage / Easy money for new people Post by: hitrawal91 on June 03, 2018, 07:30:53 PM Arbitrage trading is really cool and shortcut of making some good money in the crypto market and I have been practicing it for a long time. I have also traded arbitrage strategies in Stocks & forex and right now i am concentrating on crypto arbitrage trading. Recently I came to know about Cryptosuite software which is a great arbitrage tool by which you can easily make a good profit by buying the crypto-coin at one exchange at a low price and selling it to another exchange at a higher price.
Title: Re: Arbitrage / Easy money for new people Post by: kojoannan on June 03, 2018, 07:34:33 PM Arbitrage across two or more exchanges is the sure way to make money with crypto. It must look good on an theory but in practice is near impossible. Transactions fees for example is one reason why involvement in arbitrage don't seem to be realistic.
Title: Re: Arbitrage / Easy money for new people Post by: ivrynx on June 04, 2018, 01:22:12 PM Arbitrage trading can really help you increase your profit, theoretically, since the market is volatile, the chances that when we do arbitrage and get a high profit is when we bought the coin so low, then when we trade to another platform it will cost more than where we bought them, and that is basically how arbitrage trading works, but there is a catch, if you can just buy and sell the coins, then why not, also arbitrage trading takes so much time, you need to wait for a lot of confirmations, still it is profitable, I guess it will be up to the investor whether they would want to try it or not.
Title: Re: Arbitrage / Easy money for new people Post by: Crypto11021 on June 04, 2018, 01:36:29 PM I don't think this is going to Work because most exchanges have put in place measures to track such activities
Title: Re: Arbitrage / Easy money for new people Post by: cluit on June 07, 2018, 07:21:14 AM Arbitrage trading is one of the best way to earn, it got small profit but it is safe but there are so many things that you need to know before try arbitrage trading, eventhough there are a lot of exchanger that have different prices but we also need to consider the transaction time and whether anyone is going to buy our bid, so it is not easy to do arbitrage trading It is sure a good way to earn but one of the most risky way to earn most especially in the crypto world. The thing here is that the time in between transactions, the volume on the exchange, the reputation of the exchange itself, as we are talking about movement of money here and with some of the exchanges that sometimes, withdrawing your funds within some certain period or your transaction not going through with no support to call out to can be a huge one to deal with.Title: Re: Arbitrage / Easy money for new people Post by: Titus Maximus on June 22, 2018, 11:48:31 AM I don't think this is going to Work because most exchanges have put in place measures to track such activities Not only do they track but they also try to stop it entirely. Recently I saw an arbitrage opportunity (Bitcoin Diamond) and bought the coin, when I tried to withdraw then I received the message that withdrawals for this currency are disabled...I checked now a few weeks later and the same message. Anyone still succeeds doing arbitrage trading? Title: Re: Arbitrage / Easy money for new people Post by: lance04 on June 23, 2018, 07:21:08 AM If that is true that arbitrage is a new easy money,
then many people will be glad because of the high incomes that this thing gives to the public or investors which is great blessing. Title: Re: Arbitrage / Easy money for new people Post by: Visbay on June 23, 2018, 11:38:49 PM I don't think this is going to Work because most exchanges have put in place measures to track such activities Not only do they track but they also try to stop it entirely. Recently I saw an arbitrage opportunity (Bitcoin Diamond) and bought the coin, when I tried to withdraw then I received the message that withdrawals for this currency are disabled...I checked now a few weeks later and the same message. Anyone still succeeds doing arbitrage trading? Title: Re: Arbitrage / Easy money for new people Post by: ariyzt on June 24, 2018, 04:56:08 AM it not for beginner i think, the beginner should learn more about the risk
i have bad experience with that thing (arbitrage) when i try to send my coin to another exchange my withdrawal pending almost 12 hours when i got mine the price is bellow from what i bought before Title: Re: Arbitrage / Easy money for new people Post by: kevpantof on June 25, 2018, 07:21:47 AM If that is true that arbitrage is a new easy money, I don’t know much about this arbitrage but I am happy with technological innovations. There was a time we have seen where people were keeping money in their bags and dogged out in their lawns to conceal that money. And then it comes banking where people were somehow happy that they can have saved their money. And now just see the amazing trending of this technology.then many people will be glad because of the high incomes that this thing gives to the public or investors which is great blessing. Title: Re: Arbitrage / Easy money for new people Post by: r_u_m_s on June 27, 2018, 06:20:35 PM In order to deal with arbitrage on crypto-exchange exchanges you need to have good crypto-currency capital, otherwise you will simply lose more on the commissions of the exchange. At beginners, it seems to me there is not a lot of capital and that's why this method is not quite suitable for them.
Title: Re: Arbitrage / Easy money for new people Post by: Titus Maximus on July 01, 2018, 05:14:38 AM I don't think this is going to Work because most exchanges have put in place measures to track such activities Not only do they track but they also try to stop it entirely. Recently I saw an arbitrage opportunity (Bitcoin Diamond) and bought the coin, when I tried to withdraw then I received the message that withdrawals for this currency are disabled...I checked now a few weeks later and the same message. Anyone still succeeds doing arbitrage trading? That is good to know, but how would you start to do Arbitrage trading. I looked into it and it seems tricky, whenever I found a token or coin where I an opportunity the exchanges were aware and deposit or withdraw of certain assets was suspended. Title: Re: Arbitrage / Easy money for new people Post by: Pursuer on July 01, 2018, 07:15:02 AM I don't think this is going to Work because most exchanges have put in place measures to track such activities Not only do they track but they also try to stop it entirely. Recently I saw an arbitrage opportunity (Bitcoin Diamond) and bought the coin, when I tried to withdraw then I received the message that withdrawals for this currency are disabled...I checked now a few weeks later and the same message. Anyone still succeeds doing arbitrage trading? That is good to know, but how wouldvyou start to do Arbitrage trading. I looked into it and it seems tricky, whenever I found a token or coin where I an opportunity the exchanges were aware and deposit or withdraw of certain assets was suspended. that is because there are many traders with automation/bots doing arbitrage trading so YOU won't be able to find any opportunities manually and being new to this. so what you find is the "impossible ones" meaning the ones where the exchange has some problem like the wallet is disabled,... you can read my answer (the first reply to this topic) to see other cases of where it becomes impossible. and know that most people who are repeating the "it is good" comment are just spamming. they have never done it before. or maybe done it once and think that is all there is. Title: Re: Arbitrage / Easy money for new people Post by: coinbirds on July 01, 2018, 05:19:41 PM There are plenty of opportunities for arbitrage trading but lot of obstacles on the way like: liquidity, withdrawal issues, exchange rules - fees, transaction time etc.
It`s possible but it is not easy free money and have to be an experienced trader to have plan B if things go wrong. Fast calculation and reaction time, sufficient funds and trading experience are needed for arbitrage trading. Title: Re: Arbitrage / Easy money for new people Post by: KXC247 on July 18, 2018, 08:06:43 AM Arbitrage trading can be good and can also have its effects as well. The timing is something that is vital as you might want to make a transaction from one exchange to the other and confirmation time is delayed. This is one of the risks associated with arbitrage trading
Title: Re: Arbitrage / Easy money for new people Post by: okorocrypto on July 18, 2018, 08:17:24 AM This is good information but the title sounds like a sure business advice. Factoring in the risk involved such as delay in transaction and others will help newbies a lot. Don't also forget that some exchanges such as cryptopia are use for pump and dump and newbies can fall victim if they follow the caption of this thread without adding precautions.
Title: Re: Arbitrage / Easy money for new people Post by: alminium on July 18, 2018, 08:45:42 AM Yes we have to look with the confirmation time and price difference between each exchange to avoid any losses incurred. Because if we just send our address badly, especially to the new exchange quickly find another exchange with cheaper price to buy.
Title: Re: Arbitrage / Easy money for new people Post by: ophyrim on July 18, 2018, 10:18:36 AM By the way, many exchanges are also trying to do arbitrage which makes the things more difficult. For example, During the SYScoin arbitrage opportunity, at the Binance, Poloniex suspend SYScoin withdraws.
Title: Re: Arbitrage / Easy money for new people Post by: maninas on July 18, 2018, 11:07:21 AM my experience in arbitrage is to use a pair other than btc, because by using another pair of price gap between different markets is so different so using the pair other than btc we can achieve more profits with the calculation of time and the number of existing
Title: Re: Arbitrage / Easy money for new people Post by: KXC247 on July 19, 2018, 06:31:56 PM Arbitrage trading is quite a good one and anyone can make profit but it also comes with risk as well. Confirmation time of transfer can make you lose money as well in this market. Arbitrage is a good way of earning but you need to spot the arbitrage opportunities and a bit of luck to succeed
Title: Re: Arbitrage / Easy money for new people Post by: JaekRock on July 20, 2018, 03:45:53 AM There are plenty of opportunities for arbitrage trading but lot of obstacles on the way like: liquidity, withdrawal issues, exchange rules - fees, transaction time etc. It`s possible but it is not easy free money and have to be an experienced trader to have plan B if things go wrong. Fast calculation and reaction time, sufficient funds and trading experience are needed for arbitrage trading. This kind of sums up my experience. I've successfully swung a few arbitrage trades, but have also been at the mercy of withdrawal/deposit delay issues, minimum deposit barriers, and exchange fees in some cases. Still coming out ahead overall, but you have to have a few things go your way to be able to seize the opportunity when it comes up. Title: Re: Arbitrage / Easy money for new people Post by: cardoyasilad on July 20, 2018, 04:30:41 AM Nowadays arbitrage is not profitable because you will need higher transaction fees for your transfer becomes fast.
Title: Re: Arbitrage / Easy money for new people Post by: captains on August 02, 2018, 10:45:00 PM Very good project !! :) :) i m watching it very close !!
https://www.arbitraging.co/ ARBITRAGE(ARB) or ARBITRAGING: Revolutionary Decentralised Arbitrage Trading Profit Platform they have aBOT and mBOT ready more coming soon https://coinmarketcap.com/currencies/arbitrage/ https://arbitraging-arb.blogspot.com/ This is an unofficial blog for Arbitraging (ARB), to support ARB by collecting all info about ARB in one place. Also you can find here unofficial projects about ARB. Also check this live Stream AMA with David Peterson, CEO of ARBITRAGING.CO https://youtu.be/jfzwiAWgqmo :) Title: Re: Arbitrage / Easy money for new people Post by: coffigayo on August 03, 2018, 04:08:34 AM In my opinion trade arbitrage is one of the best ways to get, it has a small but safe advantage but there are so many things we need to know before trading arbitrarily, so there are lots of exchangers that have different prices but we also need to consider the time transaction. Because riskier arbitration requires us to try to learn before we can arbitrate.
Title: Re: Arbitrage / Easy money for new people Post by: kaizerblitz on August 03, 2018, 06:01:39 AM Yes i agree with that arbitrage is a good tactics on trading you can have a lots of profit on doing that but it is risky sometimes. Arbitrage needs to study on that tactics before you engage on that.
Title: Re: Arbitrage / Easy money for new people Post by: Andrew S on August 03, 2018, 10:02:25 AM Arbitration can and will gain popularity, but now it causes more mistrust.
Title: Re: Arbitrage / Easy money for new people Post by: advisor_moon on August 03, 2018, 11:36:31 AM Please also be aware of Arbitrage. I have stuck around 2.1 BTC in Bytecoin, due to arbitrage.
Title: Re: Arbitrage / Easy money for new people Post by: tanjilrifat on August 03, 2018, 11:50:20 AM Confirmation time of transfer can make you lose money as well in this market.It`s possible but it is not easy free money and have to be an experienced trader to have plan B if things go wrong.
Title: Re: Arbitrage / Easy money for new people Post by: M7MMike on August 10, 2018, 12:56:05 PM It is one of the best source of the fast income and arbitrage is a really good.
Title: Re: Arbitrage / Easy money for new people Post by: tosmartak on August 10, 2018, 01:25:25 PM It is one of the best source of the fast income and arbitrage is a really good. Arbitrage is not something someone with least experience should be dabbling into considering the risks involved when moving funds across exchanges, the time difference and the volatility of the market. Sure, it may be a good way to earn some bucks playing with the differences in percentage across exchanges, but it is also one to take extreme caution when doing. There are more ways or simply just going into trading itself alone will suffice if one can be ready to have a great knowledge to pull it through.Title: Re: Arbitrage / Easy money for new people Post by: carlfebz2 on August 10, 2018, 02:46:10 PM It is one of the best source of the fast income and arbitrage is a really good. Arbitrage is not something someone with least experience should be dabbling into considering the risks involved when moving funds across exchanges, the time difference and the volatility of the market. Sure, it may be a good way to earn some bucks playing with the differences in percentage across exchanges, but it is also one to take extreme caution when doing. There are more ways or simply just going into trading itself alone will suffice if one can be ready to have a great knowledge to pull it through.Title: Re: Arbitrage / Easy money for new people Post by: hrctrusisss on August 14, 2018, 10:04:12 AM Arbitrage is open to the cryptos and you must be careful with that.
Title: Re: Arbitrage / Easy money for new people Post by: Titus Maximus on August 15, 2018, 11:27:46 PM here is the big problem with this strategy of yours: 1) Find a newer exchange that doesn't have a lot of people. this means when the exchange doesn't have enough people, it doesn't have enough volume. in cryptopia that you mentioned the minimum order that you can make is as small as 500 satoshi and these two means the orderbook is filled with small orders, sometimes it is so small that it can not even cover the transaction fees. and most of the time the profit is so small it doesn't worth the time and risk to even try this. and worst part is that many of these small exchanges, for example Yobit are scam. or their wallets are empty, out of work, ... and I have tried this, you go buy some altcoin there and when you want to withdraw you hit a brick wall. your funds will be blocked in limbo because you can not cancel the withdrawal and support doesn't reply and the price keeps falling on both places so when your withdrawal is finally canceled you sell at the same place at a much lower price and lose big time. Guess your analysis is right. I tried it out in the past without much success, either the price differences were so marginal, the risks to transfer to an unknown exchange were higher than the potential outcome or when I spotted bigger differences I always ran into the wall of withdrawal issues. Especially with the bigger (and safer) exchanges like Binance. Title: Re: Arbitrage / Easy money for new people Post by: Boppsross on August 16, 2018, 11:56:23 AM There is a completely less volume to the things if there are less people to it.
Title: Re: Arbitrage / Easy money for new people Post by: churmerpe9 on August 16, 2018, 09:53:07 PM It is simply the best way to earn money and it is really good training.
Title: Re: Arbitrage / Easy money for new people Post by: Carlosfeer12 on August 18, 2018, 04:58:22 PM It is not wise to risk more than what you can afford therefore be careful.
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