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RE: ARBITRAGE - WHAT IS IT AND WHY SHOULD I CARE? [CRYPTO-CURRENCY]

in #cryptocurrencies8 years ago (edited)

I like making arbitrage because i can earn quickly profits i mean i can earn 3-10% of my invest but always you will have some of risk for example yesterday i send some siacion from poloniex to bittrex and i earn 50 satoshis per coin but i felt too impatient because my coins took more than 3 hour to appear. Regards and good post friend

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Thanks for the input @dim753 I forgot to mention that too. Sometimes coins don't show up quickly in your wallet and that will affect your trading/arbitrage results, so again, Be Wise when making these types of moves!!

Correct man you have to know how faster is the blockchain of the coin and play with that time. Regards

Is there really enough incentive to attempt to arbitrage? I've always looked at price differences and wondered if it was profitable. I've always been to scared of losing money to some sketchy exchange or prices changing on me mid transfer.

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