How much money do you make from trading ?
Personally, I managed to turn a profit of about $24 yesterday in a series of exchanges onto
Kraken, in a process that took all of an hour's duration. However, I then saw about $8 of that profit eroded in subsequent exchanges there - ironically, loosing $4 per iteration in two iterations of the small system of the trades. So, the net profit after all was about $16
Hypothetically, the amount of profit may depend on (1) the
volume invested and (2) the
rate margins at which one is investing the volume in the markets, as well as (3) the
trends in those markets, such that may or may not match up with one's ideal exchange bids. Of course, in those trends there's also: Whether any exchanges are currently happening in the markets.
I'm not sure if it may seem so simple outside of the
Kraken exchanges though. They've made a pretty well FOREX-like model over at
Kraken, but there are some relatively "Stale" markets over there, where the "Last Trade" may not have occurred for a number of hours, if not for a number of days. If there are not a lot of trades happening in a market, the
market rate may not ever shift into any profitable margin.
Also, in some of the exchanges, there are literally hundreds of bitcoin - all invested at some specific price-points at some bids near the
market split. This also makes the markets not shift by a whole lot. Ostensibly, some traders might be better intersted in a
safe deposit box for their Bitcoin, as it might not then clog the market for the rest of us.
Candidly so, I think that the reality of it is not all great, at the time, but the ideal model is superb - a thing of great Unicorns and so on [
eg]
One's mileage may vary!