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[michaelkennedyy]

The issue has been concluded.

[1715606235]

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[Oshosondy]

I have gone more into scalping, day and swing trading. I only read little about arbitrage trading. What I think you need more in arbitrage trading is high amount of money to take advantage of same coin (like BTC/USDT) pairs on two or more exchanges and converting it to a stable coin.

The only bots that can be helpful for you are the ones that list you the present price of the coin on many exchanges for you to take advantage of the little price difference which has to be very fast. Any other bot is a scam. Let see what people that are into arbitrage trade are going to talk about this.

[michaelkennedyy]

The bot looks very professional.
The video was shot in a simple and clear way.
It makes me impatient to hear other people's thoughts...

[jackg]

Arbitrage has been a good solution for making money in bear markets before (when there's low volume on major pairs). For a long time the ethusd pair was out by about 3% among many exchanges in 2018-2019 so it was a good opportunity to arbitrage then.

Triangular arbitrage might be a bit harder but would work on general principle (I assume you're doing it because you don't want the 2nd currency or think it's too volatile but could make something - it's probably something you'd need to experiment with to see if the exchanges are fast and reliable enough).

If you want to get into arbitrage build the bot yourself or find someone who will and release the source code to you. Don't do anything stupid (like granting withdraw permissions on the api keys) and don't hold too much money on an exchange for too long if you don't need to (especially if it's not well trusted).

[michaelkennedyy]

I contacted the owner of the bot in the video and he told me that it was enough to give the bot only spot trading permission.

[Yaunfitda]

Not sure if arbitrage trading is still a thing of this era.

I mean if you talk about 2017-2018, maybe arbitrage is very good strategy as it can make profits by taking advantage of price difference from exchange. But I think exchanges have evolved as well to combat it. And then the era of bots comes along 2019 up to this day. It could be possible that there are still traders who are into this kind of arbitrage but definitely with a help of a bot. But the question is, where and how to find the correct bot to help you do this? And for sure it might cost you big money to begin with.

[michaelkennedyy]

Can you watch the video from start to finish and comment? I did not see anything illegalor scam if the people here say that everything seems legal and there is no cheating, I will buy the bot in the video

[logfiles]

Triangular Arbitrage trading is possible, but I am not sure if it is profitable currently, especially in exchanges with high liquidity like Binance. You probably need to use a very sophisticated software and very first internet connection with very low latency period (Like positioning your trading station very close to the exchange's servers like most big institutions do) in order to compete with them for the profits,

Back in 2017, there would be some great arbitrage opportunities, especially in low liquidity exchanges.

Before you think of buying the bot, ask yourself this question. Why is the owner selling it if it's profitable? Shouldn't he be making it huge right now instead of making it public?

[michaelkennedyy]

I asked the same questions to the owner of the bot and his explanations made sense. He told me that there are thousands of arbitrage deficits in all exchanges every day and that he could not keep up with all of them alone, so he decided to add and sell licenses.
In addition, he says the bot will only be sold to 100 people. It will not be sold to more than 100 people.

[rhomelmabini]

Can you watch the video from start to finish and comment? I did not see anything illegalor scam if the people here say that everything seems legal and there is no cheating, I will buy the bot in the video

Don't be, I've seen these kinds of tactics on youtube and Twitter and it's just clickbait. If you are well versed to read the contract or setting up a bot then you can go there first before buying it. The maker of that bot should have sitting on millions of dollars now if it's really a legit bot, ask yourself that.

[michaelkennedyy]

I checked the social media accounts of the owner of the bot and he showed me his binance account live. He had 1 bitcoin in his account and traded live arbitrage. He was say earning something in the range of $25 to $50 a day.

[DudeAtWork420]

I know another arbitrages trading bot that use two pair of the same coin. Like as an example: a users make two dex listing of USDT/BNB with the same liquidity. Now bots been activated and when someone makes a buy or sell from one pair then an auto trade execute in the other pair. That means when you are buying from one pair almost same amount selling in the 2nd pair which prevents any high jump or dump of the price.

[michaelkennedyy]

yes, I've seen a lot of bots too and they were all scams. but this is something very different video is a very clear and possible arbitrage

[Bitcoin_Arena]

yes, I've seen a lot of bots too and they were all scams. but this is something very different video is a very clear and possible arbitrage

Why does it seem like you are trying so hard to make us here watch the video and contact you on telegram for your bot?  

Obviously, if you think the bot is different and OK, the have at it. Try out the bot and tell us if it worked for you well. This could as well be scam you are trying to sugar coat for us here.

[michaelkennedyy]

ahahahah, I think I'm right in saying watch the video first. Because it's so obvious you haven't watched it. The bot owner does not have a telegram channel or account.
My purpose of asking you is to watch the video from the beginning to the end and comment if there is a place I missed. It is very frustrating for you to come and criticize without watching the video.

[Husires]

ahahahah, I think I'm right in saying watch the video first. Because it's so obvious you haven't watched it. The bot owner does not have a telegram channel or account.
My purpose of asking you is to watch the video from the beginning to the end and comment if there is a place I missed. It is very frustrating for you to come and criticize without watching the video.

You didn't answer the question, YouTube videos can be forged easily. So why not try this bot and give us results instead of asking to watch the video or at least if it's open source give us a link so we can evaluate the code *
I will not watch the video because it will cause an increase in the number of views and thus increase the spread if it is scam.

[michaelkennedyy]

I'm waiting for my salary to be paid. I'll try it right after I go to bed and share my experience here, my friend. I apologize for my misunderstanding. You're right, this may or may not be a scam, everyone beware.

[fullhdpixel]

Can you watch the video from start to finish and comment? I did not see anything illegalor scam if the people here say that everything seems legal and there is no cheating, I will buy the bot in the video

Don't be, I've seen these kinds of tactics on youtube and Twitter and it's just clickbait. If you are well versed to read the contract or setting up a bot then you can go there first before buying it. The maker of that bot should have sitting on millions of dollars now if it's really a legit bot, ask yourself that.

And if they have millions, there's no need for them to sell the bot but those who show cars, houses and millions of dollars as proof are looking suspicious too. They can only show that to attract people to join them. I think I will better believe on those who are low-key only and then doesn't shill or talk too much about their product.

OP might have been scammed by arbitrage programs before but it's not good for him to say that all of them are now a scam. Of course there must be programs like that who are legit. Or maybe he only expects too much upon availing this. I think that's not how they work but sometimes the strategy will still depend on us.