Hi guys, my name is Lillian Scott and am a crypto expert. Being a crypto expert does not necessarily means staying long in the crypto space but being able to know what would happen next in the crypto community.
Three years ago to now I was in my mum's house and was working at a bakery across the street. Until could save enough and buy myself a phone then found more about crypto across the internet. My mind was blown on how crypto functions which made me back then bought countless courses and join online classes, untill I hacked the matrix.
Which was Arbitrage.
Cryptocurrency arbitrage is profiting from simultaneously buying a cryptocurrency from an exchange and selling it on a different one with a slightly higher price.Arbitrage means capturing the profit opportunities stemming from the price differences between different markets for an asset.
Assume an asset X is traded in two markets, market A and market B. If it is traded at 100 in marketplace A and 105 in marketplace B, one can enjoy a riskless 5% profit opportunity excluding transaction cost.To be able to profit from arbitrage trading in the cryptocurrency market, you should be able to buy and sell cryptocurrencies on multiple exchanges. Also, you should be able to detect and catch the opportunities that appear for a very short period of time.
There are also different kind of arbitrage:
Miner's arbitrage
Spot arbitrage
Position arbitrage
Interest arbitrage
How to begin cryptocurrency arbitrage trading?
To be able to profit from arbitrage trading in the cryptocurrency market, you should be able to buy and sell cryptocurrencies on multiple exchanges. Also, you should be able to detect and catch the opportunities that appear for a very short period of time.
There are many advantages of cryptocurrency arbitrage trading compared to other trading strategies.
First, the risk related to arbitrage trading is very low. Since you aim to capture price differences between cryptocurrency exchanges simultaneously, you don’t have an open position and hence, the risk is very low.
Secondly, no matter what the direction of the prices is, you can make a profit as the price difference can occur while the prices are both decreasing and increasing.
Also, you do not need to wait for too long to realise the profit you've capture.
To learn more about crypto currency contact me::
ladytrader100@gmail.com