Post
Topic
Board Trading Discussion
Re: deposit 5000 in BTCE and withdraw in BITSTAMP
by
Gemminyc
on 18/12/2015, 16:22:13 UTC
Hello

Please I need to know one question and it's important

If I deposit 5000 eur via wire transfer to BTC-E (cheapest way for this amount) and I buy BTC then send to Bitstamp and sell BTC and withdraw to bank

If arbitrage between BTC E and BITSTAMP is 2% ( the 2% of 5000 =50 eur profit) rest 15 eur of wire trasnsfer and maybe 10 for costs and withdrawal, this is net profit of 25 eur

Can I do that continiously depositing in BTCE and withdraw in BITSTAMP? What is the bad part of this idea? the will stop you or what?


If you want to be a trader you have to act fast and ou have to use each opportunity when a price gap occurs...
For example at this moment this is a good opportuniry with around 10-15%: https://bitcointalk.org/index.php?topic=1294441.0