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Author Topic: Make $7000 A Week  (Read 8288 times)
TwinWinNerD
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July 20, 2014, 09:52:01 AM
 #61

invest 700000 on bitfinex get 7000$ intrest per week.

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July 20, 2014, 10:28:16 AM
 #62

With only 1$ change , you made 7000$? OK.

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July 20, 2014, 10:38:24 AM
 #63

With only 1$ change , you made 7000$? OK.

Thats what i call suspicious.
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July 20, 2014, 01:42:04 PM
 #64

This thread is created on April.

How is the strategy working out so far?
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July 20, 2014, 02:10:50 PM
 #65

This thread is created on April.

How is the strategy working out so far?

He is too rich to respond now

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July 20, 2014, 02:33:51 PM
 #66

This thread is created on April.

How is the strategy working out so far?

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Still has time to log in. No doubt his method is possible, I know plenty of people who buy low on on site and sell high on another but they're not rich. They make a little extra change and that's about it. Problem is when you get into high volumes of trading that's when regulations kick in.

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July 20, 2014, 02:44:39 PM
 #67

This thread is created on April.

How is the strategy working out so far?

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Last Active:    Today at 01:58:40

Still has time to log in. No doubt his method is possible, I know plenty of people who buy low on on site and sell high on another but they're not rich. They make a little extra change and that's about it. Problem is when you get into high volumes of trading that's when regulations kick in.

And what about risk holding 10 BTC for $10 and then seeing BTC price dropping $20. Bam $200.
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July 20, 2014, 06:40:00 PM
 #68

invest 700000 on bitfinex get 7000$ intrest per week.
I don't thunk bitfinex pays 1 percent per week. Their rates are closer to 6 percent per year e

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TwinWinNerD
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July 20, 2014, 09:45:58 PM
 #69

invest 700000 on bitfinex get 7000$ intrest per week.
I don't thunk bitfinex pays 1 percent per week. Their rates are closer to 6 percent per year e

they do pay that for USD. for BTC you are right

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July 21, 2014, 08:29:38 AM
 #70

where to for do i send my bitcoin's for 7000?

Buy low Sell higher  (how can that possibly go wrong?)

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July 21, 2014, 06:26:58 PM
 #71

Yes arbitrage strategy is possible in bitcoin exchanes and you can make more than 7000$ depend on how many exchanges you use(there are alot out there) and how much money you can invest!I am using thise system in a lot of markets and i am very pleased.Also you dont have to pay for it its free alll over in google just search..
 

Example:

What you can do is to have 5.000$ etc and 8 bitcoins etc on exchange A and the same amount on exchange B and when there is different price (odds, buy&sell)between exchanges you take the oportunity and buy and sell at the same time with no risk this system is sureprofit.
zhinkk
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July 21, 2014, 06:54:08 PM
 #72

Do any of the trading bots that already exist for bitcoin exchanges include arbitrage?
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July 21, 2014, 06:56:51 PM
 #73

I dont know about bots i think there is but i dont know how safe they are i prefer to do it manually.
Also bots may not calculate a new commision or something that wont be expected..
the_K_man
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July 21, 2014, 08:42:02 PM
 #74

This is great advice.

I always listen to people who poo themselves.

Haha that makes a lot of sense

allsopfree
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July 21, 2014, 11:28:19 PM
 #75

but you need to be rich allready to be able to make 7 grand a week?
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July 22, 2014, 12:51:50 AM
 #76

invest 700000 on bitfinex get 7000$ intrest per week.

And what is the risk for putting 700k into a BVI registered company?
ANTIcentralized
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July 22, 2014, 01:04:52 AM
 #77

Ummm... In order to make $7k/week from arbitraging on a $1 difference, you would have to be trading a volume of 7k BTC per week. And then you have to take into account the 1.5% fee that most exchanges charge. So in essence, arbitraging for a dollar would be losing you money. Way to go OP. You turned 2 million dollars into 1 million. That's what I'd call success.
This is a huge trading volume. It would work out to be a large portion of overall trading and would be unlikely that it could be pulled off
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July 22, 2014, 11:45:23 AM
 #78

There is a big risk when trading with IBC company and 700000 its a big amount.. i dont think that there is anybody who use so much money for trading BTC between exchanges there are a better trading and investing oportunities for 700000...
Justine
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July 22, 2014, 02:49:30 PM
 #79

There is a big risk when trading with IBC company and 700000 its a big amount.. i dont think that there is anybody who use so much money for trading BTC between exchanges there are a better trading and investing oportunities for 700000...

The outstanding swap on bitfinex is around 30M right now.

Can't believe there are that many people that put so much trust with the exchange.
williamj2543
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July 22, 2014, 02:52:23 PM
 #80

I don't think he realizes there are trading fees and withdrawal fees and deposit fees.

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