AzraCiv23
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#ArbitrageTradingStrategy
Ok I just wrote a great big article about arbitrage but binance don't see it So do copy paste the intro as everyone did so I can get that point?? No way! I'm gonna write again and again!
Arbitrage is when you buy at one place and sell at other and take the difference in price as gain. If I sell tomatoes for 1$USDC and you buy the same amaunt for 2$ then I'm arbitraging my way around that sale and instant gain 1$!
But what if I live in Europe and you live in Africa? Then the fees and time for the trade will kill the profits and the tomatos will go bad ! Get it? Get It? (I don't get it as Homer Simpson saisš) But seriosly , that happenes during arbitrage too. Markets and time difference and the speed of the connection can make or Brake your strategy , not to mention the crazy market that can go to the moon and back or to the 7th circle of hell in matter of minutes! Every Trading strategy has its pro-s and con-s, you must learn them before you engage in any trade at all.
By the way , Happy Birthday Binance !!!
I love you and may you BuILD with us for many more years to come š«¶š¶āø8āøššš¤šā¤ļø!!!!!
Ok I just wrote a great big article about arbitrage but binance don't see it So do copy paste the intro as everyone did so I can get that point?? No way! I'm gonna write again and again!
Arbitrage is when you buy at one place and sell at other and take the difference in price as gain. If I sell tomatoes for 1$USDC and you buy the same amaunt for 2$ then I'm arbitraging my way around that sale and instant gain 1$!
But what if I live in Europe and you live in Africa? Then the fees and time for the trade will kill the profits and the tomatos will go bad ! Get it? Get It? (I don't get it as Homer Simpson saisš) But seriosly , that happenes during arbitrage too. Markets and time difference and the speed of the connection can make or Brake your strategy , not to mention the crazy market that can go to the moon and back or to the 7th circle of hell in matter of minutes! Every Trading strategy has its pro-s and con-s, you must learn them before you engage in any trade at all.
By the way , Happy Birthday Binance !!!
I love you and may you BuILD with us for many more years to come š«¶š¶āø8āøššš¤šā¤ļø!!!!!
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