What is Arbitrage trading ? Is it Profitable ?
Hi everyone, hopefully you are fine and having fun with your family and friends.
Arbitrage trading is a strategy in which one used to generate profit by buying and selling a token in different markets through the price difference.
Arbitrage trading is something that helped me to earn a lot of dollars in last two years. I have got profit of around $25000 through arbitrage trading. This is a big amount in countries like Pakistan, India and Bangladesh.
There are crypto currencies that i used for arbitrage trading. These include Rndr , 1up , cns, ariva and mx. These are trading on uniswap and probit exchange. Whenever i found price difference in any of the platform i used to take profit through arbitrage trading.
Arbitrage trading is not always 100% profitable. You may lose money if the price gets down while moving from one place to other. There is always a risk.
Personally i lose money many times while doing arbitrage trading but overall i am in profit. The very first token was Uptrennd that got me into arbitrage trading. Arbitrage trading is not an easy thing. I used to find coins For hours for it.
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About Author
@coolguy222 is a full time crypto trader and content creator on hive blockchain. He loves to make new friends.
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Makes sense I I've also crypto arbtriage to be sincere is really cool thank you for sharing.
You are welcome sir.
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Oh my, I must have gotten the meaning of arbitrage wrong. I had always thought it was to buy and sell tokens at certain prices and make profits upon sales. I had no idea, I needed to do it carefully by searching for platforms where this strategy will actually be profitable.
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Yeah, its not easy.
Btw thanks for stopping by.
Have a good day ahead.
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