Post
Topic
Board Trading Discussion
Re: Math: Can You Make Profit Off Gain Differences?
by
poodle63
on 31/05/2019, 22:17:53 UTC
Trying to see if someone knows the economics behind is it profitable to swap coins based on their 24 hour price changes and "play the difference between two coins". I thought someine versed in the maths of economics or is a master googler which I am not 2oukd have a quick answer.

Thanks.

that's indeed will give you profit, you can create an assumption about that, when you are converting your ethereum to the bitcoin when it was gained 15% against bitcoin and you will get around 15% in the bitcoin form at the same time the bitcoin increases 1% and that means you will get an additional amount (1%) from the bitcoin increase as your profit. This assumption based on both are getting the same green pattern.