Bitcoin Forum

Hello everyone!

Recently, I have found a good opportunity for arbitrage (witch is benefiting the different price of Cryptocurrency on different platform). The thing is simple: buy low--->sell high. However, the oppurtunity that i have found require a person who lives in India! So i need a partner! If you are interested, please inbox me or say something in the comments(sorry i am new to this forum). I have done the Math and it should be profitable for both parties!

That being said, i wich to everyone a great day!
(sorry for my english, it is not my main language).

Ozark873892

What opportunities do you give, I do not understand why you are deceiving only Indians.
What kind of trade do you do?

Without disclosing the whole details, no one will accept the deal or maybe a few ones that want a quick and sure profit.

Why via PM if the whole thing is legit and not a shady one.

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Maybe OP sees some good price rate at a local exchange/individuals in India.

I just don't know how "good" it really was.

wouldn't this be quite high risk for now,
since recently there are talks about possibility of bitcoin banning in India

disclosing full details would be like giving out his trade secrets
and saying the obvious "buy low--->sell high" tells us nothing at all
so perhaps he can point out just the key part of how this arbitration is possible

arbitrage between various exchanges is very difficult because you have to be quick in transferring transactions and often transactions take some time to verify and often we are therefore unable to arbitrage because in the meantime the price changes.

I am not sure about what you mean arbitrage,
in my opinion only cryptocurrency has so far provided many good opportunities for me to have many assets for the future and provide multiple profits when the price rises.
and for arbitrage I'm still not sure,
or maybe you can give me a more detailed explanation about it.

have you also taken into consideration the trading fee, withdrawal fee, crypto transfer confirmation time (which expose you to some risk), and probably capital flow control from the countries involved (if any)? Doesn't sound like a very straightforward thing

I agree with you, arbitrage trading is very risky.
not all coins / tokens can be traded.
some markets lock it up so arbitrage trading cannot be done.
Considering some of these risks is the first point that must be done.

Considering factors.

-Exchange Fees
-Network Fees/Status
-Exchange availability

Hence, not all exchange would be open into these opportunities thats why you should have some active eyes.hehe

Getting money into and out of the countries quick enough to profit from cross-country arbitrage opportunities is practically impossible.

You have to know somebody you trust a LOT on the other side to maintain a balance sheet, rather than moving money around for each trade. Because of this, it's really only feasible if you have family in countries like Iran, Venezuela, Korea, India etc.

Frankly speaking, I am not exactly in favour of arbitrage unless you really know how to pull it off. But I am not so keen on this due to the risk factor. I feel it’s far better and sensible that we approach things in simpler ways, and it is what I personally prefer to do and that with rather comfort as well. Its great using some quality Trading Tools (https://cryptolinks.com/cryptocurrency-trading-tools), and more than this the using of right risk/money management, which helps in a very noticeable fashion.