Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Starscape Capital - Crypto Arbitrage Fund - 50% Monthly Return Target
by
bitbybitby
on 19/01/2018, 07:19:41 UTC
Hey Starscape, thanks for providing detailed instructions on how to participate in the ICO, was my first ICO investment, so was very helpful!

I stumbled upon your fund while researching arbitrage in cryptocurrency, as I wanted to try doing it myself, but I quickly realized that I do not have the capital to execute simultaneous trades on multiple platforms; transaction fees would eat away a large portion of any earnings, and wait times between shifting fiat (since I do not have enough finances to maintain balances on multiple exchanges) from one account to another would limit the amount of trades that I could execute.

I found various good arbitrage opportunities among local currency to BTC exchanges within the EU, for instance check out the CZK price on coinmate.io , BTC is going for $12088 (when converted), its USDT11,276 on poloniex right now.

Only thing that I am concerned is how you will deal with increased capital. I understand you were working with $800,000 of your own money before, but now you will be working with $2,000,000 investor money as well. Since most arbitrage positions are limited in size, you will need to execute more trades to maintain your proposed returns. Just remember most investors, such as myself, would even be happy with 20%, just please be transparent if you notice within the first week that your proposed returns must be adjusted, and do not take unnecessary risks, this should be risk-free after all. I wish you the best of luck!