arbitraging bot = another ponzi scam?

[Arwinkim]

There have been several projects based on arbitraging system that offers you profit (interest) everyday. I don't want to mention their brand, so better you google it. They manage to show off their system transparent making money live. It is not like lending program with invinsible software that finally turn out to be scam like bitconnect.

My question: is it really worth investing? What about your experience so far with it?

Any replies will be appreciated!

[caisa88]

Are you referring to Dropil? I haven't used their platform yet, but from what i saw , the people from their telegram channel seem to be satisfied with the profita that they are making, and it doesn't seem to be a ponzi scheme.

[fia_naila]

I think you dont know what arbitration bot is and what is ponzi scheme in actual mining. If you buy arbitration bot and running it on your own how it can be ponzi scheme ? Please learn what is ponzi scheme and what the robot trading did. Ponzi is giving someone money to older investor but claimed it is investing and it will be snowballing.

[Stavri]

i dont think someone share their successful arbitraging bot with anybody. because if it is profitable enoughh they can use that bot theirselves. arbitraging is not like normal trading. if they catch the arbitrage they can do and use all volume for theirselves.

[adroitful_one]

Arbitrage is just the act of buying one coin cheaper on one exchange and selling it on another. It's basically just looking for price differences on different exchanges. I don't see how this can be a ponzi scheme if this is actually what it is doing. There shouldn't be any kind of interest involved at all. So unless they're saying deposit your funds and we'll use them for our arbitrage bot and send you interest, then they're legit. If that's what they're saying, then I would stay away.

[arpon11]

I have not used any bot for trading but I think we have several testimony and articles that people used arbitrage bots  to make good money on their investments. To be sincere with you I think many things are going on in cryptocurrencies world and many methods of making money are out there but not all are ponzi

[nguyenkhanhhung14]

Daily interest or monthly interest without doing anything = Ponzi scheme. LOL. I think it's not difficult to detect ponzi scheme but seem like there are so many investors still fall into ponzi trap and risk their money by investing in these systems . Seem like these guys will learn a lesson very soon

[other_slides]

You do not need to use any third-party platforms to arbitrate. Order your own arbitration bot and you definitely will not be deceived.

[deadsilent]

Are you refferring to trading bot? Don't just trust them because no matter how good it is. There's still flaws of this which can cause of severe losses. Aside from that, bots are screwing the market up. Making fake volumes and other crappy things to make a hype. It makes others loss their money. What bot it is exactly? I mean what's the site of this? You better check it from Google and check for legitimacy of their service. Anyway, most of them are just scam. So better stick trading on your own. It safer unless you don't how trade and to take risk. Hiring bots is way more riskier. It's just a scheme pretending to be profitable service. Beware of this. You'll thank us later.