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Author Topic: Coin arbitrage with monthly profit  (Read 146 times)
Wimsels (OP)
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April 09, 2018, 11:56:25 AM
Last edit: April 09, 2018, 03:04:31 PM by Wimsels
 #1

Since I'm with Arbitragecoins.com (about 3/4 year), I get a very nice monthly profit on my primairy investment of 1 BTC. Mostly 20% or more; it depends on the value of my Bitcoin measured in fiat money like dollars or euro's. Good money that I can withdraw to buy things in the 'real world'. They use the arbitrage of certain listed coins (mostly Tether) on more than 50 exchanges worldwide; small differences in value which can be used to buy cheap on one exchange and sell for a better price on another exchange. The nice thing is that their BOT only trades when a positive outcome is guaranteed. So no losses on tradings; only profit. Thats the reality for me for a long time now and I am happy with it.

I've noticed that some competitors are accusing Arbitragecoins to be a scam. I think that the guys from Arbitragecoins have a unique concept that might make some people jealous and that Arbitragecoins is a threat for them. I'm not stating that the Arbitragecoins-organisation is perfect. But in fact no organisation is. For me the attractive monthly results counts!

If my review made you curious and decide to participate, go and see. You could also use the following link: https://www.arbitragecoins.com/signup/index/Wimsels. You will then enter the registration page of Arbitragecoins.com. Like many other organisations Arbitragecoins also rewards customer loyalty. By using this link to register, I will receive a nice gift from Arbitragecoins, because I helped to expand their clientele. An extra reason for me to write this review!
Jumli
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April 09, 2018, 11:58:26 AM
 #2

I never heard of the coin if I can know what kind of coin is and how can I get it, is there a bounty program that is still valid or other.?
Wimsels (OP)
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April 09, 2018, 04:34:07 PM
 #3

It is not a coin, but an organisation that trades with your funding. Your funding can be BTC, Ethereum, Bitcoin Cash, OmiseGo, Dash, IOTA, Litecoin and some more.
They mostly make the profit in Tethers. After building up enough Tethers, you can exchange them to (for example) Ethers. Those Ethers you can withdraw or use them for their BOT so your profit can increase faster. When you enter their site, you get a chatbox to communicate with their frontoffice. Ask them all you want to know so you understand the way it works. Notice that there could be a waiting time before they react, because you will not be the only one that want to chat :-)
bigcash2011
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April 09, 2018, 04:38:17 PM
 #4

Arbitrage for profit is a very proactive form of trading with small profit amounts, it can go wrong if you are not good in counting everything like exchange withdraw fee, time to show deposit etc, Rialto is another project which is working to make arbitrage automatic and profitable, it is still developing, it is profitable already from past few months but percentage is not big yet.

Murloc
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April 09, 2018, 04:40:07 PM
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Monthly profit? Shouldn't you get an instant profit during an arbitrage? And how can you arbitrage Tether while it is always fixed on all exchanges?
It is very risky to take profit from "small differences in value" as you said. The price can change while you are moving funds from one exchange to another. Bigger difference is usually on smaller exchanges where you may not get enough liquidity to cover your 1 BTC at the same price.

BillCoin
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April 09, 2018, 04:43:19 PM
 #6

The big red alert here is that they don't have a max capacity for obtaining coins, and things like trading, specifically arbitrage trading, it won't help them to have 1000 bitcoins because they literally can't trade with them without moving the market,so I would expect them to set up a limit and to block further investments above that limit.

It doesn't happen so it is suspected to be a pyramid scam, the same kind of scam most of the cloud mining contracts do.
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