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Economy / Service Announcements / Re: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES
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on: June 28, 2018, 10:27:06 PM
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I checked Localbitcoins to return back the stuff but all the offers are in a lower price to sell, and to risky. Then confirm me that in LOCALBITCOINS there's no way to do anything.
In conclusion, The best could be buy a shittycoin and make profit and repeat the process all over again, the problem is that shittycoins don't have liquidity, and are risky, and it needs to be the arb oportunity between the 2 exchanges and some good excahgnes don't have shitcoins or weird altcoins.
So finally the best way is do the arb, wait weeks to spreads shrink, transfer with small loss, and repeat the process again and again.
I would also recommend against trading shitcoins.. And I agree with you on the spread shrinking part, this is really the way to go. It wont necessarily take weeks, I often seen spread shrink by 50% in one day. (ref: graph). Also, if you're a seasoned trader, you may want to consider taking on some market risk (I'm sure you knew this without my 2 cents ) Perhaps getting a good source for bear signals might help in the decision making process. If you have twitter, feel free to follow @arb_exp ...we often post cool things..
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Economy / Service Announcements / Re: 🌟 ★★★ EXCHANGE 🔥BITCOIN FOR 🔥PERFECT MONEY 🔥INSTANTLY ★★★ 🌟
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on: June 28, 2018, 12:52:45 PM
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Bitcoin Price Defends $6K as Traders Go Long
Bitcoin's (BTC) price charts remain biased to the bears, but market positioning on a major exchange suggests a sustained break below $6,000 may remain elusive in short-term.
At press time, the leading cryptocurrency is trading at $6,100 on Bitfinex, largely unchanged on a 24-hour basis, and technically speaking, BTC remains on the defensive as discussed yesterday.
PM to BTC : $6259.99 USD - 4.95% Bitcoin to PM: $6259.99 USD + 4.95%
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Economy / Service Announcements / Re: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES
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on: June 28, 2018, 12:40:13 AM
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it seems like this is a very good app that can help to make a profit but it should all be viewed from the price conditions and the existing delivery rates, when the transaction is busy then usually the delivery will also be crowded and make the delivery to be slow it is a challenge arbitrage.
I can't speak on behalf of shitcoins, though all major coints like ltc,btc,eth,bch,xrp take no more then 10-30 min, leaving plenty of room to perform a solid arbitrage. Arbitrage PATHS algorithm is designed to take all fees into account.
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Economy / Service Announcements / Re: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES
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on: June 25, 2018, 07:42:35 PM
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I feel like I should copy/paste this again.
Arbitrage is not a stand alone business model, instead it can be referred to as one of the trading strategies. If you're an ambitious trader, or studying to become one, this tool without a doubt will raise your chances for long term success.
THIS IS NOT A GET RICH QUICK SCHEME!
The skill that comes with being a successful trader doesn't suddenly appear over night.
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Economy / Service Announcements / Re: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES
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on: June 25, 2018, 07:39:58 PM
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Guys the super real problem is how to trasnfer back the stuff, if you don't find a way to transfer back we are fucked up. I don't know why there are videos saying that the simple thing is when you sell at the expensive exchange in profit, you convert again to BTC ans trasnfer back to the cheaper, and repeat the process all over again. https://www.youtube.com/watch?v=c3oOy_2U5vghttps://www.youtube.com/watch?v=pCFcIWc6-TIIn which world that does make any sense? I did it and it doesnt work I replied to your email. The next time you attempt to arbitrage, please keep in mind the fact that even if the spread between two altcoins btc/ltc seems insignificant, and appears to be like a sound exit back to the original position/exchange, when you trade it against USD the loss is inevitable! Despite the total increase in overall amount of coin, its value against USD will not necessarily change. Don't forget about the trade and transfer fees.
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Economy / Service Announcements / Re: 🌟 ★★★ EXCHANGE 🔥BITCOIN FOR 🔥PERFECT MONEY 🔥INSTANTLY ★★★ 🌟
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on: June 25, 2018, 11:48:29 AM
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"Blockchain.Info Moving to Blockchain.com"
One of the oldest, most respected sites in the cryptosphere, Blockchain.info (Info), is moving domains. For many ecosystem veterans, Info was where it all started. First wallets. First block exploration. First real interaction with cryptocurrency. Recently, the group announced its move and plans for the future. Its also a change signaling maturation of the space.
PM to BTC : $6411.22 USD - 4.95% Bitcoin to PM: $6411.22 USD + 4.95%
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Economy / Service Announcements / Re: ARBITRAGE APP - OVER 9000 PAIRS ACROSS 37 MOST POPULAR EXCHANGES
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on: June 24, 2018, 03:46:00 PM
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Ok this is awesome, and I know how to do it though,
The problem is how to transfer back to the cheaper exchange to continue the process again and again?
That's the simple key, which is the best way to transfer back?
You can wait for the spread to shrink, take small loss and go back. Alternatively, take market risk..( I wouldn't recommend this option if you're not a seasoned day trader). Arbitrage is not a stand alone business model, instead it can be referred to as one of the trading strategies. If you're an ambitious trader, or studying to become one, this tool without a doubt will raise your chances for long term success. If you don't know what the hell you're doing, I would recommend against https://www.arbitrage.expert
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