You have the altcoin market which is like going into a town, and every public bus you get onto has a big fat duffle bag stuffed with cash under 10 out of 20 seats LOOL, so its free money everywhere. Then you are able to take that money and throw 20 TIMES leverage on top of it in the btc to usd market, then you are able to arbitrage between exchanges and then arbitrage between online to cash in hand on localbitcoins.com for an extra 20% to 50% on top.... Its a fucking cocktail of profit
The funny thing is most people can't even trade alts properly, so they never get to experience the full force of crypto like this. Of course that's partly because they're uneducated about how all of these things function so, i guess thats why theres so many people leaving money on the table
This exactly +1
and when you crunch the numbers and get down to it, theres reeaaly not that many people doing this at the moment.
There are people that "only trade altcoins" and people who "only trade btc / fiat" those guys are the imbeciles of the village
How could you not notice that everything is connected? lol i mean you have to first buy btc before you can trade alts and the very instance that you buy btc, you are engaged in a trade between btc / fiat
There is no escaping this connection and when you make full use of this, thats when you make the real money