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Actually it's very lucrative and this is the first time am hearing about something like this here it's a good intiative entirely but I think one needs to learn before going heads on into it .
This one do not really need a serious learning because there is nothing you will learn about , it is just the ability for you to take quick action when there is a good price difference for you to enter a trade, it is profitable when you are able to trade it.This is the reason why it is very important to learn something till you master it very well before you engage on it with your money in order to avoid losing your money.
It might not be as easy as you put it for a novice. I will still have to learn more about it though as everything on crypto arbitrage sound so new and strange to me.This one do not really need a serious learning because there is nothing you will learn about , it is just the ability for you to take quick action when there is a good price difference for you to enter a trade, it is profitable when you are able to trade it.
You have to do your own personal research to understand it better, what I was trying to say is that there is no need for technical and fundamental analysis before taking an action in this type of trade.It might not be as easy as you put it for a novice. I will still have to learn more about it though as everything on crypto arbitrage sound so new and strange to me.
I understood your point perfectly. As a novice in crypto arbitrage, I will need to do a lot of research or get trained by someone who is successful and has been in the game for a long period of time.You have to do your own personal research to understand it better, what I was trying to say is that there is no need for technical and fundamental analysis before taking an action in this type of trade.
If you're doing crypto arbitration there is no need for you to learn it from someone that I've been in the business for a long time.Well it depends on your own decision, have you ever done it before ?I understood your point perfectly. As a novice in crypto arbitrage, I will need to do a lot of research or get trained by someone who is successful and has been in the game for a long period of time.
I believe that you need to be very wise in the arbitrage of cryptocurrency. When the price is very low, that is the right time to execute a buy action. Then when the price is getting higher, that's the perfect time to sell your cryptocurrency.Cryptocurrency arbitrage is making profit from the price difference in the exchanges.
You can take advantage of the inefficiencies of the exchange's platform by buying the cryptocurrency for a lower price on one exchange platform and immediately selling it on the other extchange platform, then keep the profit.
This type of crypto trade should be done instantly otherwise, you may have your self to blame.
The gimmicks involved is studying the price difference on the exchanges , and ensure that the transaction fee do not eat your profit.