A special and easy way to make profits by trading between large and small platforms, - Page 4 - Trading - CryptoTalk.Org Jump to content
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A special and easy way to make profits by trading between large and small platforms,

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On 2/15/2020 at 6:56 AM, Zezo said:

I do not think that this method is useful in addition to that it is a great risk because small platforms do not have sufficient liquidity and you may not be able to sell

to make huge profits is especially risky and surprisingly it is not a significant option for new and inexperienced traders. The price difference is not much so you have to use a large amount of money.

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On 3/2/2020 at 10:11 PM, cryptousd20 said:

It is a good way, but large capital must be available, and it is very difficult today to find it easily and if you find it you will work on it with ease and reap great profits from it. Thank you for the effort

Many forex representatives forbid exchange action, I also exchange along these lines if the value contrast is sufficient, but generally it cannot be used. I think most people use safe and secure commercial websites so I like this trading site.

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17 hours ago, Mrpassion said:

Yes I have that in mind and I am going to try that on bitmex since I have a little knowledge on price action.

I never trade margin in Bitmex never try it , if you do that and you like it you can told me later if it's good or not because it's something risky in bitmex , it's the first in margin i think

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Is something like cryptocurrency arbitrage correct?  I find it interesting but we must take into account the network and transaction fees to mathematically take the profits.

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26 minutes ago, Mrpassion said:

Yes it is the first. I want to try it actually but I had to get my capital reading. Since a lot of people are already trading there.

For sure i will try it in this exchange all my friend do that but not me i need just to learn more skills about this way of trading because i see it's risky i can lose all in one shot and i dont want that in this moment LOL

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56 minutes ago, Mrpassion said:

Yes you can lose all your balance at once, it is good to learn first and also work with a practical account.

Good idea practical account is much better to dont effect your real account and then go to your real account , I like that great idea 

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8 minutes ago, Mrpassion said:

Yes with that all your new strategy can be tested there and also your plan before you execute them on your real account.

For sure i will try this way it's much better i think to test and have an idea as you say before go to real account it's like you create a virtual trade before going to real trade 

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Thanks for sharing such a good way to earn profit while trading by the small and big platform and really i found this way very effective to earn a good amount of profit as both yobit and crex24 has the low fee so its easy to earn more.

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19 hours ago, Mrpassion said:

Yes but note that it will be boring actually because there are some of the aspect of trading that are just boring.

Boring is part of trading any have this feeling all the time specially when the market are stable and dont move to much but we should do with it 

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On 4/30/2020 at 8:10 AM, Mrpassion said:

Yes we will be able to get use to it and that will make your Investment or your capital to be safe from unexpected movement.

There is many movement in the market all the time special in the begging of this new month so we need to be careful and observe price in each exchange to be in the move 

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On 2/7/2020 at 1:27 AM, stephaniembama said:

well this doesn't seem like a great method seems more of like a trick to beginners and other alike but if you feel you can do it ,,you should but it just seems very deceiving and i'd advice not to do it

It's really profitable, but it's really risky. That is why this is not a good choice to do. Using cheap currencies like satoshi and ripple and lite coins, you can make a profit easily. When exchanges discover this problem, they stop withdrawing and depositing money on the currency and thus can be lost.

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Due to the very rapid cryptocurrency market fluctuations, this strategy does not succeed at a rate of 99%. I tried it beforehand and I used to rely on marctcap to obtain currency price differences between the platforms, but once you buy and sell, the transaction time that needs confirmation and the transfer and withdrawal fees you find You lose instead of gain, so adopt fast day trading or investing in the long term is the best way to invest, trade and earn money

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I think this is a type of Arbitrage strategy, taking advantage of the price difference between one trading platform and another trading platform. I usually use this strategy, I use Litecoin as a trade because Litecoin has cheap transaction fees making it suitable for this type of arbitrage trading. The thing to remember using this strategy is not to trade when the market is bearish because it will make you experience losses.

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13 hours ago, Onden said:

I think this is a type of Arbitrage strategy, taking advantage of the price difference between one trading platform and another trading platform. I usually use this strategy, I use Litecoin as a trade because Litecoin has cheap transaction fees making it suitable for this type of arbitrage trading. The thing to remember using this strategy is not to trade when the market is bearish because it will make you experience losses.

In my opinion, ltc has a very small price difference between the various exchanges, both withdrawing and trading will take fees, thus the earning would be very tiny, but with large amount it could be sufficient. 

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This kind of stuff is really risky, there is a chance that you could lose all your money here. But yes it was really profitable but it was really risky. Why not make it a better option. 

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My friend had been asking me about this issue a while ago, and he suggested that I buy currencies from large platforms and sell them on large platforms, but I told him that the profits that we will earn may not cover the costs of converting the currency, and then I do not know the extent of the legality of this act.

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It is a good observation but these method is too risky and for someone that jump into trading newly will not understand these method because is too arbitrage and only expert can succeed in these special way of making profit.

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Buying crypto on cheaper platforms and sending to other platforms with higher prices? I don't think it's useful for me, it's just a mall difference in price and the transaction fees are just a waste so so think better about staying in one exchange and other strategies.

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Well, depending on which platform you trade or which pair of cryptocurrencies you trade, you also get small or big profit, you will trade Bitcoin cryptocurrencies, of course, you will get big ones. the amount of money I think so well, if you play there for a cat, a currency that is not worth 100 bucks it will be a small amount.

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The ways you take to make huge profit in business or trading is taking a risk, there is no way you will expect to gain huge profit in business or trading without involving your self in talking a risk, but reason very well before taking any risk in an investment 

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It seems that it is a smart fraud method, but it may not always succeed because currency rates are volatile and not fixed, and you have to deal with large amounts, so their risks are many and I do not prefer this method. I am with traditional trading

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