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Author Topic: The story of my biggest achievement in trading, $600k.  (Read 2375 times)

Offline markwood007

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The story of my biggest achievement in trading, $600k.
« on: August 08, 2024, 02:18:59 PM »
The reason why I'm sharing this, is so that the newcomers can get motivated.

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
« Last Edit: August 08, 2024, 06:13:26 PM by markwood007 »

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The story of my biggest achievement in trading, $600k.
« on: August 08, 2024, 02:18:59 PM »

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Offline bounceback

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Re: The story of my biggest achievement in trading, $600k.
« Reply #1 on: August 08, 2024, 03:11:17 PM »
Wow seems nice story with your experienced about arbitrage trading, but excited if you can show us the history of you arbitrage trading to make many people more believing with your story or success achievement make bigger profitable with arbitrage trading. I have much experience with arbitrage from DEX to CEX but every arbitrage only taking profit around 10$ to 100$ only.

But don't make many people take risk by joining your experience because arbitrage is not easily have to check many factor from transaction volume and avoid with the same smart contract address between coins on DEX and DEX exchange.

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Re: The story of my biggest achievement in trading, $600k.
« Reply #1 on: August 08, 2024, 03:11:17 PM »

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Offline markwood007

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Re: The story of my biggest achievement in trading, $600k.
« Reply #2 on: August 08, 2024, 03:58:04 PM »
i have mostly arbitraged from DEX to CEX nd vice versa. i have also done DEX-DEX. but cex-cex is quite rare . hence i am unable to show the history. but i def can show you the price differences but is it possible here in this thread?

Offline Lucius

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Re: The story of my biggest achievement in trading, $600k.
« Reply #3 on: August 08, 2024, 05:03:18 PM »
~snip~
I swifted and made approximately $600k just by arbitraging there.
---
I made $11k yesterday as well, so according to me it is so far the safest Trading option there is
----
My tg- xxxxxx


You have a very nice story, but I always wonder if there is a motive behind the story - and when I see that someone posts their Telegram at the end, I'm pretty sure that your motive is not to motivate others, but that you want other people to contact you and probably you will suggest that they entrust you with their money, which you will trade and ensure their profit.

I have read your story dozens of times over the years, but I have never seen any evidence to support such a story, and this is just one in a series of such stories.
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Offline markwood007

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Re: The story of my biggest achievement in trading, $600k.
« Reply #4 on: August 08, 2024, 06:20:06 PM »
~snip~
I swifted and made approximately $600k just by arbitraging there.
---
I made $11k yesterday as well, so according to me it is so far the safest Trading option there is
----
My tg- xxxxxx


You have a very nice story, but I always wonder if there is a motive behind the story - and when I see that someone posts their Telegram at the end, I'm pretty sure that your motive is not to motivate others, but that you want other people to contact you and probably you will suggest that they entrust you with their money, which you will trade and ensure their profit.

I have read your story dozens of times over the years, but I have never seen any evidence to support such a story, and this is just one in a series of such stories.
modified

Offline Fivestar4everMVP

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Re: The story of my biggest achievement in trading, $600k.
« Reply #5 on: August 08, 2024, 08:28:32 PM »
The reason why I'm sharing this, is so that the newcomers can get motivated.

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
Very nice story indeed, and I call it story cause this is actually what I think it is.
 A coin or token have a price difference of more than $20 between two exchanges is absolutely unbelievable, and since I got into crypto since 2016, I've never seen such, or heard of its possibility until this very moment and on this thread, and the part you said you made $600k from abitraging that price difference makes me wonder if you were the only one who saw that price difference..

How about making $11k dollars yesterday from the same arbitrage trading? Maybe it's time I ask that you show us some proof, cus somehow, I feel you won't even have the time to post about this here if you really are making this much money.

But again, nice story.
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Offline Captain Corporate

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Re: The story of my biggest achievement in trading, $600k.
« Reply #6 on: August 08, 2024, 08:31:01 PM »
While it is a provable thing and OP hasn't proved it which means that we can easily call this a lie until he proves otherwise, we still have to realize that there are people who made a lot of money in crypto, its not like never bee done before. We have seen this happen, maybe with arbitrage, maybe with someone investing into something to early, or even as simple as investing into bitcoin very early on as well. There isn't really anything learned from this, aside from just keep doing what makes you money, and keep your eyes open, that's basically all you could see from this and that's about it.

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Re: The story of my biggest achievement in trading, $600k.
« Reply #6 on: August 08, 2024, 08:31:01 PM »


Offline yhiaali3

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Re: The story of my biggest achievement in trading, $600k.
« Reply #7 on: August 08, 2024, 10:06:31 PM »
With all due respect I can't believe your story, the numbers you mentioned are very big and almost impossible to achieve through arbitrage trading, yes you can make a few hundred dollars through arbitrage but I don't expect more than that.

DEX and CEX often detect large price differences and correct them or often stop withdrawals or deposits or both until the price correction occurs, also there is rarely a lot of liquidity on trading pairs in DEX I don't think it is enough to cover the $600k you say you made.

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Re: The story of my biggest achievement in trading, $600k.
« Reply #8 on: August 09, 2024, 03:56:56 AM »
The reason why I'm sharing this, is so that the newcomers can get motivated.

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
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 ...

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.

Offline markwood007

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Re: The story of my biggest achievement in trading, $600k.
« Reply #9 on: August 09, 2024, 08:27:01 PM »
The reason why I'm sharing this, is so that the newcomers can get motivated.

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
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 ...

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.
its an incident from 2021. back then, unfi had massive volume and the price was also around $25. Do check it.
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

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Re: The story of my biggest achievement in trading, $600k.
« Reply #10 on: August 09, 2024, 11:41:45 PM »
Yes, indeed for ATH UNI itself it occurred in 2021 at $43.91.
This data can be checked here:
https://coinmarketcap.com/currencies/unifi-protocol-dao/

But, what made me quite surprised is about the price difference in one time, in Binance and DEX.
.....which was $1 at binance DEX platform, while on the other hand, $25 on the main CEX.......

Why is there such a high difference, even $24 itself, the price difference on Binance is only $1 and on DEX $25, this is really hard to find. Does that mean the pump of this coin was very big on DEX at that time?

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Re: The story of my biggest achievement in trading, $600k.
« Reply #11 on: August 10, 2024, 08:49:20 AM »
Do you have the proof that you make a lot of profit from $UNFI Arbitration?
It's pretty crazy when the price difference is $1 to $25, and even I haven't seen before people do Arbitrage quickly without losing to others who are already using BOTs.

Now people are using the help of BOT to arbitrage, the manual method is quite ancient and not fast and monitoring every coin in the market cannot be done manually to get maximum results.

You just need to share a transaction link or image that actually does so with huge profits up to making $600k from the Arbitration.

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Re: The story of my biggest achievement in trading, $600k.
« Reply #12 on: August 10, 2024, 11:01:04 AM »
It sounds believable to me, particularly since if you have a lot of capital then you can easily execute multiple thousands of dollars worth of trades and get a tidy profit on it.

I don't see all the obsession with seeing proof here though. OP isn't some guy trying to sell a course or method or anything like that, so let's take him at his word.
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Offline Lucius

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Re: The story of my biggest achievement in trading, $600k.
« Reply #13 on: August 10, 2024, 04:47:20 PM »
~snip~
I don't see all the obsession with seeing proof here though. OP isn't some guy trying to sell a course or method or anything like that, so let's take him at his word.


The proof is not such a problem, people write all kinds of stories online - the problem is when these same people want someone to contact them privately. OP first published his Telegram account (then edited it), now he provides "evidence" on PM.

~snip~
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


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Offline Vx1

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Re: The story of my biggest achievement in trading, $600k.
« Reply #14 on: August 10, 2024, 06:31:19 PM »
Wow that is a very high price difference, very lucky to get a moment like that. Because it will be very rare for a price difference that is quite far like that to occur, if there is then we have to fight to get that moment.
Arbitrage is indeed one way used by crypto traders to get bigger profits, but if we want to go deeper into arbitrage then we can do it if we have a lot of free time here or we work 100% in crypto trading.

 

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