i have tried my best to make little money from this crypto business but it seems like i am not getting things right. from Airdrops to bounties. everything turn to pennies and scams at the end. i have tried to invest in ICOS and IEOs. the product plummets immediately the moment it spends two months in the market. i want to try another option and wish to ask here if it is favourable. i discovered that there are tokens that shares different prices in different exchanges.
simple: i buy low from one exchange and sell high in another. looks simple but i think it is worth while, i tired it once with Mainstream For The Underground token. i made a little cash but it was just a trial.
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hope to share this here.
What you are talking about is arbitrage, plain and simple.
I personally think that it only works in theory and doesn't work 9 times out of 10 in practice. There is usually a very real reason why there is to be a spread between exchanges for the same token price in the first place. If it's not a deposit related issue, it's likely blocked withdrawals which prevents the free flow of capital between exchanges, and thus creating an isolated market.
You could make profit from calculated risks like these, but real arb ops come by very rarely.