The story of my biggest achievement in trading, $600k.

[Husires]

If I made $400,000 in profits from trading, I would not think about sharing my success story in a forum, I would buy a small house in the countryside and travel around the world for 3 months. If this story is true, it may attract scammers and hackers, so there is no need to publish it. Arbitrage may be profitable, but it is not as easy as you are talking about.

[Wiwo]

This is an exciting story, and something that is out of the ordinary and only imagine than real, I am not doubting the possibility of making such profits from your arbitrage trading, I have made alot of gains in the past but nothing more than $400 in profits and not on arbitrage but in derivative mode.

This story sounds somewhat unbelievable, but the since you are not asking us to share your idea with us but only celebrating your profits, that means we should give you all the support and accolades.

[Lucius]

~snip~
This story sounds somewhat unbelievable, but the since you are not asking us to share your idea with us but only celebrating your profits, that means we should give you all the support and accolades.

You (and some others) have obviously never read a story like this, and you think that someone just comes to the forum and shares his successes with everyone because he has no motive - and at the same time, you don't see that there is more than the obvious intention that the OP is up to something because he published (then removed) his Telegram account, and then provides insight into his success through private messages.

Maybe some of you who are amazed by the story should really contact the OP and you will see what is hidden behind this story...

[Wiwo]

~snip~
This story sounds somewhat unbelievable, but the since you are not asking us to share your idea with us but only celebrating your profits, that means we should give you all the support and accolades.

You (and some others) have obviously never read a story like this, and you think that someone just comes to the forum and shares his successes with everyone because he has no motive - and at the same time, you don't see that there is more than the obvious intention that the OP is up to something because he published (then removed) his Telegram account, and then provides insight into his success through private messages.

Maybe some of you who are amazed by the story should really contact the OP and you will see what is hidden behind this story...

Really I don't have interest in whatever the ops is offering so contacting him or her is the last thing I will imagine myself doing, sure I  aware that this story was too good to be true and that it would ll lead to something possibly extortion of any gullible person that could get carried away with the fabulous amount mentioned as profits from trading.

I never know that the ops once posted a telegram handle before deleting from the post, which goes further to prove the authenticity of my suspensionin this story.

[Lucius]

~snip~
I never know that the ops once posted a telegram handle before deleting from the post, which goes further to prove the authenticity of my suspensionin this story.

If by any chance you had read all the posts in the topic (of which there are not too many) then you would have found out that information. This results in you writing a post that might be different if you knew all the relevant facts.

In short, people who publicly brag about their profits and leave their contacts at the same time usually have the following scheme. First, they post a super inspiring story where they talk about their experience of making a lot of money, and then they post a link on their Telegram in the hope that someone will contact them.

Then they start to convince that person that it is possible to earn a lot of money and offer their trading mediation services - you send them crypto, and they delete all messages and block you on Telegram. Of course, there are those who will generate some kind of profit just to convince the victim to send them even more money, but the outcome is always the same in the end.

[Wiwo]

~snip~

If by any chance you had read all the posts in the topic (of which there are not too many) then you would have found out that information. This results in you writing a post that might be different if you knew all the relevant facts.

In short, people who publicly brag about their profits and leave their contacts at the same time usually have the following scheme. First, they post a super inspiring story where they talk about their experience of making a lot of money, and then they post a link on their Telegram in the hope that someone will contact them.

Then they start to convince that person that it is possible to earn a lot of money and offer their trading mediation services - you send them crypto, and they delete all messages and block you on Telegram. Of course, there are those who will generate some kind of profit just to convince the victim to send them even more money, but the outcome is always the same in the end.

You are right Luciusi did not read through the entire comments and the thread because, from the first paragraph or rather the title of the thread, I already suspected that the aim was to exploit gullible members who believe in all those shit scheme like looking for a trading strategies to make huge and consistent gains.

The question that first come to mind is that, why will anyone that is making such huge profits be advertising their offer on a public forum?

That alon is a red flag, most scammer are always at the top of their attempt but knowledge and experience is what keep us ahead of them.

[Asiska02]

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

Wow this is actually great and I am happy you’ve made so much through arbitrage trading. Arbitrage trading working for you doesn’t mean it’ll work for others when they try it out. You’ve just made it look like something very simple to do and that anyone that does it will be profitable within a short time. If it works for you, stick to it, we know the risk involved in it so don’t make it look so simple to the beginners because you’re actually not been transparent about it. Show proofs - no one even cares anymore because you’re definitely after something and no one will want to fall for such. So enjoy your arbitrage trading and your profits.

[gunhell16]

The story that you tell on this topic is good, dude, and it can also really inspire other communities here, especially newbies in this field. But just like some of our fellows said here, your stories will only be true and believable if they are accompanied by proofs from the beginning.

There are many people who make up stories here that are not true because there is no proof given; they just make up a topic just to look good in the other community here or to give them compliments, so if you don't have evidence, it will remain just a coachman story or a barber story, you say.

[Lucius]

~snip~
The question that first come to mind is that, why will anyone that is making such huge profits be advertising their offer on a public forum?

I can't say with certainty like no one else whether the OP is honest or not, but surely a small percentage of people have the need to share their successes with others without bad intentions, but as I already wrote some things can very clearly show whether there is such an intention or not.

When you look at it, I was the only one who reacted to something suspicious in this particular case, and that can only mean two things - the first is that others simply don't care, and the second is that they don't understand what it's really about.

[God Of Thunder]

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.

I don't know if this is true. If it is, then it was awesome. But the projects are more cautious these days. When they list a token on an exchange which is already available on another exchange, at first they disable the withdrawal of exchanges where the token is already available. So that users cannot withdraw their funds to move it to the new exchange. Sometimes they disable withdrawal/deposit for specific chains as well. Here is an example, OLE token supports multiple chains such as ETH, ARB and BSC and Blast. But if you check the coinmarketcap page, it shows OLE is in three chains only. https://coinmarketcap.com/currencies/openleverage/

Now, On Coinmarketcap, OLE token's price is 0.014, but when I check my metamask, my token price is 0.0101 which means 0.004 less than the original. My Token is on Blast chain and there is no way to bridge that to other chains and those centralized exchanges does not support blast chain yet. Otherwise, it could have been a good arbitrage opportunity to make some profit.

[smartaction]

It was a great experience for you. opportunities like the one you got are not always available. this was a good fortune for you as you were able to loop your investment several times very quickly. I don't know how many people have seen such profits so quickly in trading. I got to know for the first time today through your topic that trading with such a small amount can make such a huge profit in one day.

I don't know how true this story is but I will tell you that if you have really achieved this then you should avoid telling this to your friends or people around you because it may bring danger to you.  Since the amount is very large, not everyone can control its greed.

[JISAN]

If I made $400,000 in profits from trading, I would not think about sharing my success story in a forum, I would buy a small house in the countryside and travel around the world for 3 months. If this story is true, it may attract scammers and hackers, so there is no need to publish it. Arbitrage may be profitable, but it is not as easy as you are talking about.

People who achieve huge amount of money through gambling or trading or any other way never share their success story with anyone because there are chances of danger but I don't know why op is happily promoting it like this.  But if he really got something like this then congratulations to him.  Because this is not often seen.  It is a big success

I don't know how true this story is but I will tell you that if you have really achieved this then you should avoid telling this to your friends or people around you because it may bring danger to you.  Since the amount is very large, not everyone can control its greed.

This is good advice. op is sharing his story here which is not a problem as he may not be known personally by anyone on this forum. he is still anonymous, but if he shares them with someone who knows him personally, it could put him at risk. So op must be careful about these things. And he can invest this money in real estate assets as they are very strong investments

[Faisal2202]

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

I tried everywhere but did not find a single link to Binance DEX as it was the first time I heard about it. I did find two article giving an overview of it but none of them gave the link. Can you share the link to the Binance dex, please? Speaking of a price difference that's a big one I mean on CEX its $1 and on DEX it's $25, that's so true to be legit.

Overall arbitrage trading is a real thing but I don't think anyone can make that much money in a day without big capital.

Can you share the proof of the trades you made or the profits you make? Seriously even if you are true I can't believe it until I see it. People are making money from arbitrage and I never tested it because I never found a proper coin to make profit or maybe because I never tried to search one hehe.

[akeemqaz]

I think you trade arbitrage with huge amount of money. That's the reason behind your huge profit. I've not seen this kind of huge profit even from futures trading which supports high leverage. Seeing it in arbitrage makes me feel like it's meant for rich people only.

[TomPluz]

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.

I think this is the crux of your success story...imagine buying something at $1 and then selling immediately for $25...who would not get rich with such an arbitrage opportunity? I am just curious...what do you think led to such a very wide disparity of price of the same asset in those platforms? Now, am sure that such a very beautiful opportunity could be hard to find these days but as what you said there are still some one can easily pick up anytime.