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Showing 3 of 3 results by paulhare
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Board Trading Discussion
Re: Arbitrage in crypto
by
paulhare
on 14/03/2023, 14:29:12 UTC
Quote from: PercT4b on January 22, 2022, 10:23:00 AM
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.

https://i.postimg.cc/MK4WjdSs/pic.png
In general, both the stock and crypto markets are difficult as for crypto arbitrage, here the guys correctly noticed that this good expertise is needed, but it will not be possible to get it quickly, in no case do I dissuade you from this, any experience is valuable. But I chose to invest these funds in cryptocurrency and invested some more money in a company that deals with crypto arbitrage traffic. All the same, it will be safer both for my nerves and for my money =)
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Board Mining
Re: I am selling Antminer S 19 XP 134TH. What is more profitable ?
by
paulhare
on 14/03/2023, 14:18:59 UTC
Quote from: Gabrics on March 09, 2023, 09:59:16 AM
Volume is a myth/scam I believe. Current unit prices with current difficulty don't make financial sense even if you get sub 5c power and 1000+ units. Even volume prices are too high to make a ROI.
Well expected ROI as if bitcoin goes to a million tomorrow the calculation changes, but you would be almost better off buying bitcoin.

So in my opinion mining is distorted by large scale scams where they calculate based on today and investors are stupid enough to believe those numbers. I think I should say in past tense were stupid enough to believe and we just see the fallout/long tail today.

Quote from: paulhare on March 08, 2023, 10:24:19 AM
It all depends individually on what goals you pursue, passive income, or earn as much money as possible?
If passive, then it is worth buying bitcoin, and in general and not only it, in order to diversify your earnings. If not passive, then it seems to me that mining the system is a good option, but $ 4000 is not enough of course, here you need to take the volume.

Yes, I think you are right for the most part, and I myself prefer to buy a coin, rather than mine it =)
Post
Topic
Board Mining
Re: I am selling Antminer S 19 XP 134TH. What is more profitable ?
by
paulhare
on 08/03/2023, 10:24:19 UTC
It all depends individually on what goals you pursue, passive income, or earn as much money as possible?
If passive, then it is worth buying bitcoin, and in general and not only it, in order to diversify your earnings. If not passive, then it seems to me that mining the system is a good option, but $ 4000 is not enough of course, here you need to take the volume.