Post
Topic
Board Altcoin Discussion
Re: Trick for trading?
by
Etemind
on 26/11/2017, 23:24:51 UTC
i go with arbit, i can get 10 usd profit from 300 usd trading balance per hour. if that day i make 10 arbit i get 100 usd profit. but carefull to with arbit thing if you not fast enough youll end up loosing money

Can you explain what "arbit" is or provide a link please?  Google didn't help me.

I think "arbit" he is referring above is the Arbitrage - meaning buying low  price token in Etherdelta and selling to another exchange for a higher price.

Definition from investopedia:

Quote
Arbitrage is basically buying a security in one market and simultaneously selling it in another market at a higher price, profiting from a temporary difference in prices. This is considered riskless profit for the investor/trader. In the context of the stock market, traders often try to exploit arbitrage opportunities.