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Cryptocurrency Trading / Re: The story of my biggest achievement in trading, $600k.
« on: August 09, 2024, 08:27:01 PM »its an incident from 2021. back then, unfi had massive volume and the price was also around $25. Do check it.The reason why I'm sharing this, is so that the newcomers can get motivated.It would be good if you also share what strategies or tools you use to be able to do arbitrage, or find coins with a very high price difference.. I just checked the price of $UNFI and now the price is $2.8 ... if there is a difference of $1, that means there is a fairly large price difference, at least 30% ... this is a very rare moment, on big coins ...
I usually keep looking for
opportunities to arbitrage . But i have never been focused just on that specifically.
One day, back in april 2021, somebody pointed out the price differences of $UNFI to me, which was $1 at binance DEX platform, while on the other hand, $25 on the main CEX.
I swifted and made approximately $600k just by arbitraging there.
Later, I made some profits by arbitraging on various exchanges at different opportunities which continues till now.
The main reason for me focusing particularly on arbitrage is bcz its unlikely to result in a loss. and the profit can be made even in Bear market, given the opportunity.
I made $11k yesterday as well, so according to me it is so far the safest Trading option there is
Seeing $UNFI which is a coin with a trading volume on binance below $1 million, that means you can do it over and over again. The trading volume is really sufficient for UNFI / USDT trading.
nd for arbitrage, i manually contemplate various websites that display the prices. I dont use automated tools for that. hpwever, you can dm me, i can highlight some huge price differences for you