I have been reading about arbitrage and arbitrage bots, but I really do not know, if there are actually genuine arbitrage bots that could give genuine timely signals.
Also, I am looking for long term investments like I wish I had invested 100$ in bitcoin in 2010, anyone believes such opportunities still exist?
Vabsy
Arbitrage is profit if all off the condition is met. When I say conditions, there are things you should check before jumping on a coin with Arbitrage.
You should check
- If it's withdraw able
- If deposit is allowed on the other exchange
- Fee for withdrawal
- Is there volume
- Also check the buy other rates
If all of these are correct, then you're good.
I personally use Coingap to check for Arbitrages. Then I check to see if all of the conditions are met.
...
Try some ICO or Pre-ICO
This is like a worst advise. ICO and Pre-ICO are no longer a thing and everyone knows that. Even IEO isn't trendy.