You are viewing a single comment's thread from:
RE: Bitcoin at all time highs, whats gonna happen? and let's look at Small Account Building trades
it seems you made huge profits from arbitrage twice, i didn't even consider to check that deep. There are many ways to trade and it can be overwhelming.
sometimes the opportunity for arbitaging coins is just a quick stint and by the time the transfer goes through, it may be too late. this is speaking from medium sized altcoins such as ltc or etc. there may be opportunities for other smaller altcoins, but not all can transfer from one exchange to another. but if you ask me, theres definitely some nice opportunities.
ETC wasn't arbitrage, it was a flash sell on hitbtc (3 times in every 15 mins in a row). I just knew that buy volume on hitbtc isn't enough to quickly get out of position, as i need bitcoins to trade, that's why i sent them to bittrex and sold immediately .
For low volume coins arbitrage works nice, but you need to be careful.
ahhhhhh, i didn't completely read the bottom of your post. man, that's some good work.