You are viewing a single comment's thread from:
RE: Daily: What the FUD China, Giveaways Part #1
There are lots of inefficiencies in the cryptocurrency markets when you have big swings up or down. Gaps like this happen and typically close within a couple of days. It really is "free money" but you have to be quick to capitalize before the gap closes.
Thanks @lucidsenses Sounds really good. Have you ever tried to get profit out of Bittrex/Poloniex gaps yourself? I have not ever used Poloniex as I found some negative reviews on the internet, so I am just interested whether someone tried to earn on this kind of situations already.
I was studying arbitrage situations in some other industries, for example on sports betting markets, etc. I came to a conclusion that it usually has a number of technical/business hidden issues, even with 1-2% of margin. Here we have much much higher potential margin. Can't even believe it is possible :)