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June 12, 2018, 04:13:29 AM |
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In my opinion, you can try to learn yourself by creating your own script/bot to do such a thing. For details on arbitrage opportunities, there are many sources online which you can simply google.
Just wanna share my opinion and experience about this. You have to keep your percentage of profits in the realistic region. So, don't expect to arbitrage and hope to make around 10% or even 50% of profits (even though it may seem possible when you are doing your research and you find some opportunities that make it look possible). Most of the time, when the percentage of profits possible to be made seems to be very high, it is too good to be true. It is most likely not the case. If you were to try and execute such things, you are likely to face problems depositing/withdrawing that particular altcoin at that particular exchange offering such opportunity. Hence, when something seems too good to be true, it probably is.
More realistically, the figures your can look to arbitrage will be around up to 2%. Keep in mind when calculating whether the efforts are worth it, you should also factor in your trading/transaction fees when deciding to execute your arbitrage strategies. Overall, the fees will probably add up to around 0.5%. Hope this helps!
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