Trading in the stock market is a thing, but doing it in the crypto market is almost exclusively for professionals (and many people keep ignoring this) and takes years and years of hard study to make it work properly without liquidating your savings.
But I was wondering if any of you tried arbitrage on the crypto market (I'm choosing this option because it is relatively less risky than normal trading, basically the main effort is to find those pricing errors and "exploit" them without incurring in a front-run).
Do you have any experience with this method, which software/programs do you use and what tutorials do you follow to learn it?
P.S: I see that price differences especially in low cap altcoin and I think I've actually found one example so I'll share a screen, let me know if this could be a valid example and how would you deal with it.
First of all Arbitraging without any trading tool is almost impossible as well as impractical. You will find such differences in a lot of coins on coinmarketcap but this doesn't depict the right picture, because there are high chances the LTP isn't even between the range of the buy-sell wall on the other exchange because there is zero liquidity of the coin in the second exchange. Which means you need a tool that can track the order books on both exchanges. Then another problem is long withdrawal times in crypto, unlike stocks and forex where arbitrage is done by taking delivery elsewhere, you don't really have this option such options in Cryptos, you have to withdraw the coin and pay for the withdrawals fees as well as wait for a few minutes, and there are high chances that this opportunity will be missed in the meanwhile. You don't have any derivatives based option of arbitrage in cryptos so far. But I was wondering if any of you tried arbitrage on the crypto market (I'm choosing this option because it is relatively less risky than normal trading, basically the main effort is to find those pricing errors and "exploit" them without incurring in a front-run).
Do you have any experience with this method, which software/programs do you use and what tutorials do you follow to learn it?
P.S: I see that price differences especially in low cap altcoin and I think I've actually found one example so I'll share a screen, let me know if this could be a valid example and how would you deal with it.