Quote from: JayJuanGee on November 14, 2019, 05:34:34 PM

Quote from: crazy-joe on November 14, 2019, 07:21:14 AM

Quote from: JayJuanGee on November 14, 2019, 03:53:34 AM

Sounds to me that you are looking to lose money, get scammed or to gamble for the mere sake of it.

When members are repeatedly suggesting that you do some research, they are trying to be nice to you, which really means that you need to look around more and maybe even practice more, which also might mean to look more closely at yourself too, including how you are playing your own finances as well as how much of yourself you are planning to invest into something that you admittedly do not know but seemed rush to learn the nuts and bolts.

Many times when guys (and perhaps a gal or two) are able to make decent money in trading BTC (and the use of other financial instruments), they might suggest to you that it is easy, but the good ones will have spent a considerable amount of time practicing such trade (hopefully with low amounts) and building their own expertise, which would then involve adding more sophisticated and complicated financial instruments after having had really gotten used to the more simple instruments.

You usually will not make more money by merely employing more complicated trading instruments, unless you already know the simple instruments well and really study and practice on a personal level with those more complicated instruments (and you likely do not need to be an expert when you start because you can learn as you go, with small amounts), because the more complicated the instrument are designed to be in favor of the house, and you have to know the instrument so well that you can overcome the ways that the instruments are designed to be in favor of the house in order to be able to make money or to make a killing from such instrument(s).

By the way, I am continuously surprised regarding how many folks (members) that I run into in this space who seem to be so unsatisfied with the simple investing methods with BTC that is likely going to make a lot of people a lot of money, just as it has in the past, but there are so many people who want to accelerate such money making process by 10x or more and therefore end up missing up on the considerable great opportunities that are available with relatively straight forward BTC investing strategies involving, buying, accumulating and holding.... and if you get the BTC part down (without getting sucked into get rich quick schemes), then maybe you can take 10% of that value and start to play with other more complicated financial instruments that involve hedges: such as leverage, margins, options and/or futures.. which also can sound like investing in an alt when BTC is risky enough and already with a lot of upside potential.

Hello thank you very much for your long reply Sir. I don't want to risk my money that's why I want to apply this strategy. He says it's a totally safe strategy, it's an arbitrage.
I want to do this arbitrage but he doesn't say on which platform we can do it. I can't trade on Bakkt and nobody can trade on it here. It's very frustrating to tell people they can do a big arbitrage and then to not tell where they can do it.

Quote from: fillippone on November 07, 2019, 11:19:38 AM

So the idea is to profit from this situation selling a future, while at the same time buying a bitcoin on the spot market, to be held it until future expiry.
In this way at the expiry you will have a bitcoin to be sold to your conterpart. Having bought the bitcoin at a lower price, you are actualy locking in the price difference you executed your trades.

This is a market neutral strategy: you are not exposed to market risks, bitcoin can go up to 30,000 USD or crash to 1,000 SUD and your profit will stay the same, as you are buying and selling a bitcoin at the same time.

I agree that if someone is saying that some arbitrage trade can be done, and if there is instant profits then it should be clarified how that can be accomplished because sometimes arbitrage opportunities might look easy in theory but much more difficult to carry out in practice

I hate to quote myself, but Hueristic's attempt to explain to you, crazy-joe, by use of a dictionary definition, caused me to look at the portion of fillippone's response that you quoted. The answer is right in the quote. He is saying that there is a price difference in one location (on the future's market) and the spot price, which means immediate profits if you have money and ability to simultaneously buy at both locations. That means that you need an account to be able to do both at once and find some kind of advantage in such a direct and immediate profit(s).

Hey, I used to play around with arbitrage opportunities, and I would be able to do it once or twice, and still feel comfortable, but if I kept trying to make the same arbitrage profitable trade, one of my accounts would get over balanced with either too much fiat or too much BTC. Yes, I was profitable, but my over balance in one direction or another would make me feel that it was not worth the profits that I was making, and there tended to be a reason that I could engage in such immediate profits, and that was because one of the trades was more liquid than the other and that was the reason that the price was so different that I could recognize an ability to immediately profit in place in which I already had the ability to do so.

So, likely I am getting back to just agreeing with myself and my initial response to you, which was that if you don't know what the fuck fillippone is talking about or you cannot recognize what he is saying, then you do not have enough experience or even know how to access the places for immediate profits. You don't get to such a place for immediate profits or being able to weigh even if it is worth it for you to exercise such immediate profits unless you get yourself into various places in which you can engage in such trades, understand the basics of tradings and employing the various tools of trading.

You know the expression that defines luck as preparation meeting opportunity? Well, preparation involves doing your own research and even setting up some systems in your own way of doing things that allows you to take advantage of the various opportunities, and surely with arbitrage opportunities, if they are real easy, they will not tend to last very long, so you already need to be in place, if you were to engage in such. In other words, arbitrage opportunities move, but someone who is in the game and has prepared, will be able to take advantage of such opportunities, if that is what floats his/her boat. Does not currently float my boat, because I find myself already rich and getting richer just from holding BTC and NOT playing around with it... so even arbitrage opportunities can include both risks and costs, including time spent and accounting tricks that might
not be worth it once you really weigh the whole situation by getting yourself into positions to understand.

TLDR: DYOR, YMMV, BTFD, HODL craefully, etc - hahahahaha.