Method 34. Cryptocurrency Arbitrage
I was able to make hundreds every week with cryptocurrency arbitrage.
What is cryptocurrency arbitrage?
- It’s when you buy cryptocurrency on one exchange at a cheaper rate than on another exchange. Then you bring it to a more expensive exchange and sell it.
With this method, you can profit from 5% to even 30% per trade. I have done this before and made a profit of 50% from one transaction. This requires you to focus a lot on the computer because the market is constantly moving. If you have great attention to details and know the market, you can definitely turn this into a full-time job.
This is one of the secrets to what day traders do. They don’t just day trade on one exchange but they do arbitrage. There’s a lot of untapped markets out there even when you’re reading this article. There’s money waiting on the table.
Advice: Please trade or invest at your own risk. Only practice or trade with what you can afford to lose.
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Andy Lam