Trading question

[F931]

Hi everyone I am new to the forum and the world bitcoin.

I've found something that have seen many that are safe differences between different pages market. The problem is that I could not achieve realize these differences always a different problem. For example I see in Bter a coin to 443 and meeting at ccedk or cryptsy kind to me 661 and transfer it to sell at that price and stay with a difference.

At the time of operation that magically low price and I lose the money. Perhaps you can not do what I want or how it works?

Thanks everyone

PD: I happened to do this to avoid having to wait up a coin doing it within the same page

[1714751861]

1714751861

[unsoindovo]

Hi everyone I am new to the forum and the world bitcoin.

I've found something that have seen many that are safe differences between different pages market. The problem is that I could not achieve realize these differences always a different problem. For example I see in Bter a coin to 443 and meeting at ccedk or cryptsy kind to me 661 and transfer it to sell at that price and stay with a difference.

At the time of operation that magically low price and I lose the money. Perhaps you can not do what I want or how it works?

Thanks everyone

PD: I happened to do this to avoid having to wait up a coin doing it within the same page

this is called arbitrage.
for do that,
you need to have money in bTer and Cryptsy at the same times.
doing so, when you look at profittable spread... you need to buy and sell at the same time in all 2 exchange...
usually, to do that, you need a bot!

[Amph]

this is a good platform for arbitrage

http://bitcoinpricelab.com/

related thread https://bitcointalk.org/index.php?topic=967249.msg10918141#msg10918141

the owner is still working on it, by adding other excange in the future, i don't know if he has the intention to add altcoin also

[Q7]

In order to profit from differences in the price basically you need to be quick. And that means having active accounts with several exchangers with each of them holding few types of currency. This has be to executed fast to exploit price differences when there is a high volatility and usually to take advantage of that, traders will use automated bots to carry out the task.

[jmintuck]

I would suggest not trying it . I have read a lot of threads of people trying it out, but in the end the fees/Deposit-withdrawal times/ and the volatility will put you down .

[unsoindovo]

I would suggest not trying it . I have read a lot of threads of people trying it out, but in the end the fees/Deposit-withdrawal times/ and the volatility will put you down .

read above...
no withdraw and deposit...
for this approach you need too much time...

you need a bot...
if you have 2BTC&500$ to invest you need this config

exchange 1: 1btc plus 250$
exchange 2: 1btc plus 250$

if you have 3btc&750$ add a third exchange

exchange 3: 1btc plus 250$

then you configure a bot and when the books show a profittable spread, you buy/sell at the same time betwee the 2 more profittable exchange.

that's all.

but remeber.. do not think it is easy to do money in this way.

[dothebeats]

Hi everyone I am new to the forum and the world bitcoin.

I've found something that have seen many that are safe differences between different pages market. The problem is that I could not achieve realize these differences always a different problem. For example I see in Bter a coin to 443 and meeting at ccedk or cryptsy kind to me 661 and transfer it to sell at that price and stay with a difference.

At the time of operation that magically low price and I lose the money. Perhaps you can not do what I want or how it works?

Thanks everyone

PD: I happened to do this to avoid having to wait up a coin doing it within the same page

In order to be successful in doing this, you need to be quick and active in different exchanges. You might also want to consider creating a bot that triggers a buy/sell whenever it sees a profitable spread. Those people who do this with experience tend to get a good profit, while on the other hand, the inexperienced trader end up losing their money because of the pressure that is present in doing an arbitrage. I suggest you not to enter arbitraging if you are not experienced and knowledgeable enough to do so.