Quote from: btc_angela on March 06, 2019, 05:59:43 AM

Quote from: Youssef27 on March 05, 2019, 06:36:32 PM

Ok thank you guys. I was looking for arbitrage between exchanges for about <5 dollar but the fees will eat all the profit it seems.

Exactly, just the fees alone will cover your capital so it's not advisable to trade with a small capital such as $1. It's better to adjust your capital and let's say $100. That's how I started anyways, $100, win some, lose some. But the most important thing is that you learn and you get experience. As for arbitrage though, not good at this point, specially you have to compete with traders who uses bot.

Even if he does arbitraging and use the best exchanges with lowest tx fees, still hard to get profit if your capital is small.
Might as well save money while learning your strategies in trading and familiarize with possible exchanges that you will use in the future.
Compare their fees and the approximate duration of depositing and withdrawing your coins.
Try small amount so at least you have the grasp how the exchange respond to those requests.
So next time you are ready with your funds, you very well know your strategies on how to get things done at a shortest time possible.