I knew the principles of arbitrage already, but enjoyed reading your article anyhow.
The problem with it is that you need to trade with large sums of fiat, and it takes only 1 bad trade to loose all the profit you've made with the successful ones.
That's a risk, but a very careful investor can probably minimize the chances of that problem. Agreed that for any decent profit to be made, you do need a very large amount of capital to start with. I'd be a rich man if I had the startup capital to do real trading with cryptcoins.The problem with it is that you need to trade with large sums of fiat, and it takes only 1 bad trade to loose all the profit you've made with the successful ones.