Putting your exchange API on any third party website is risky. As per my understanding to Arbitrage trade your API should have withdrawn permission which added extra risk factor.
Only i can trust a system which will open source. I can validate the code before running it. And final criteria for trading bot is, I can run it on my system, API keys should not leave my server.
I am extremely sorry if i hurt you sentiment. But this are the security concerns in crypto world. You have to very careful with your action.
Only i can trust a system which will open source. I can validate the code before running it. And final criteria for trading bot is, I can run it on my system, API keys should not leave my server.
I am extremely sorry if i hurt you sentiment. But this are the security concerns in crypto world. You have to very careful with your action.
You didn't hurt my feeling at all, because your assumptions are wrong.
ArbitrageCT doesn't need withdraw permission. That's why it's not risky
Plus, the terminal is running in my machine. I'm seeing everthing the software is doing, nothing is happening away from my control.
Thank you for sharing your experience. What about bad days and losses? Have you experienced any instead of profits?
It's a long-term strategy, isn't it? I mean, you can sustain losses on short terms, but you usually make profits on long ones or what's the level of stability of your profit?
It's a long-term strategy, isn't it? I mean, you can sustain losses on short terms, but you usually make profits on long ones or what's the level of stability of your profit?
There are no losses. The worst that can happen is the software not doing any trades, which is equal to 0 profit. But you can't lose... The software only makes a trade when it reaches the percentage of profit you set up. If it's lower, or at negative, the software simply doesn't trade, so no real risk.
The thing is, this software is making trading with the market volatility. When the market has low volume (like it is now), or is bleeding, the software trades MUCH LESS, because it doesn't reach the percentage of difference I set up.
So for the past few days my arbitraging has been low. I'm not losing, but I'm not making as much profit as before.
Still, any profit is profit, especially in a market like this.
