fundamental vs technical
The fundamental analysis is done with news and is guided by a news as it affects the price of the currency, on the other hand the technical analysis is done with chart analysis of how the graph looks, indicator candles, moving averages, rsi. macd. among others .
It could be for my taste to mix a little news with technical analysis

On 10/3/2020 at 11:30 AM, Calvinpriva said:

Every trading method is hard, but arbitrage is not hard and risk like other trading methods. Just watch the prices now if you can, choose 5 pairs in popular altcoins, and then set a stopwatch from 10 minutes (transaction time from one exchange to another, though it take less than 10 mns) then after 10 minutes see how much the prices have changed! You just need to find a good pair in the market, i'm trading arbitrage for 3 years now and those 10 minutes for transaction they've never change the price for any pair and cause loss. Let say i have $1000 capital, and one trade takes 7 minutes and gives me a profit of $30. if my target is 10 trades, i will just add one more trade to cove small changes to reach my target profit and in less than 5 hours i would made $300 profit. I think the most reason why a lot of people avoid arbitrage it's because it requires large capital, that's the truth. But arbitrage is not risk as margin trading, leverage and options! You trade with $30 to earn $100, that's why many people loss their money. But in arbitrage you trade with $1000 to earn $50 but it's less risk! If you made only 10 more trades (10 minutes each) you earn $500 easily! 

 

@Tunuu

Yep, it may be true depending on the pair that he trade. But what if he made 10 trades? He earn $1000 profit, right?

Good morning everyone, I agree with you, @calvinpriva  but since you choose the pair with the exchange, because the prices are always very similar, you have an alarm that tells you that I change the price or you go exchange by exchange seeing the price or you already have identified exchanges The same thing has happened to you frequently. thanks .

like all work requires dedication and patience, a lot of study, making a strategy or copying it, and practicing a lot.

Study the product that you are going to trade and see when there is more volatility and what factors affect it, whether it is crypto or stocks.

study the behavior of the candles and the patterns of continuity and retracement patterns

6 hours ago, Calvinpriva said:

Many coins like XRP, BCH, LTC, BTC, DASH, TRON. It takes less than 5 minutes to transfer BCH, LTC from bitcoin.com wallet to any other wallet. It takes less than 5 minutes to transfer BTC, BCH, LTC, DASH, TRON and DOGE from Faucetpay wallet to any other wallet. It takes less than 5 minutes to transfer BTC from Localbitcoins to Yobit! But it takes less than 1 minute to transfer XRP from many wallets to any wallet. 

Thanks for saying the pairs, could you please give an example of in which exchange you have bought the currency cheap and in which you have sold it more expensive, and which pair, to see if I can do the experiment, and do you have a platform that alerts you when there is a price difference or you do it manually you go into the exchange and see the price difference, good morning blessings and thank you

Arbitrage also has the advantage of reducing risk because you are only transferring and selling more expensively, on the other hand, in trading if you buy or sell wrong, you start to lose money, but the profit may be less compared to trading but it is safer. ,
But Dreamer please make an example of the exchanges that you use to arbitrate, because I made the attempt and it did not come out well due to a problem in wallet compatibility or they were in maintenance, or they had low volume, and you are right the xrp is good idea because it transfers fast. Thank you very much for the post I have been investigating about this and download some android applications for arbitration, but the data that they give in the app has those details when you go to make the transfer have problems in the wallets, there is an app that tells you which wallet has Problem so that you do not arbitrage, but then there is also the problem of the compatibility of the wallets that are of the same protocol, but in conclusion it is a good strategy if done well.

Possibly the two options are good, what happens is that one is long-term and the other is short-term, holding currencies is long-term and it is a very good idea, it is also not mutually exclusive, so if you do one you can do the other way, you can trade and hold too,
what happens is that trading is more short-term because you can have daily profits.
but it may be more profitable in the long run to hold if you are lucky and the currency rises in value.

it may be easier to hold because you don't need much experience

It is called arbitrage in my experience, before doing this experiment, you have to take into account the volume of the currency in that exchange, the status of the wallet, if it can be withdrawn, deposit because many times when there is a price difference, they put the wallet in maintenance another One thing that also happens is the compatibility of the wallets. You have to be sure that they are compatible because sometimes one is from the mainet and another is from the erc 20 or something like that, there are applications in google play. They tell you the price differences but they also tell you which wallets are in maintenance but it does not say the compatibility of the wallets and that is very important because you can lose all the money if the wallets are of different protocols even if it is the same currency.

If the experience is very important and gives confidence, it is good to practice a lot before starting with a real account or after starting with a real account but be willing to lose, because one thing is the demo and another is the real one because there are more nerves psychology.
but really the positive experience and take into account the mistakes so as not to make them a kind of diary so that you know where you are going wrong

Hello friend I think the first thing is to look for basic theory of trading candles types of candles, types of formation when it is bullish bearish, then familiarize yourself with the product you want to trade, it depends if it is forex or if it is crypto that you want to do, because it has different Schedule. You can download the metatrader demo and then manuals on how to handle it. Of course, if this is here for a crypto trader, then you can register in a binance exchange or another and start to see how the currencies move and apply the knowledge little by little, you also have to see your personality to see if you are going to do day trading swing trading long term short term

The spread is very important since if it is very large it is more difficult to make a profit there are two ways to charge by spread and by commission it is sometimes better by commission depending on how much they charge the commission per lot, it ranges from 2 dollars to 20 dollars because for that spread sometimes you have to reach a lot of pips to start winning