Post
Topic
Board Altcoin Discussion
Re: Trading between exchanges
by
gopnik
on 25/01/2018, 20:04:48 UTC
99,99% of the prices differences you may think to see nowadays are due to a reason; either the exchange wallets are shut down, either the network is down, either the low/high price exchange is a total scam that will either steal your money or hold it for weeks, either volatility is insane and makes any arbitrage impossible to execute without risking massive losses

Free lunch days are gone for good my friend

It has become insanely competitive and there is no more money to be made in arbitrage, unless you are an expert in high frequency trading and have millions of dollars to rotate to trade 0,01% profits

There are no more manually tradable arbitrage opportunities; the ship has sailed months / a year ago
All what is left now are insignificant (around 1%) differences between exchanges that are impossible to trade and extremely high risk

You'd better trade pumps or whatevers than this; it's just not worth it anymore