Cursed with Glorious Purpose

Cursed with Glorious Purpose

Joined Jun 2022 0 Following0 Followers
About Cursed with Glorious Purpose

Arbitrage is a great way to make money, and now that bots are doing the work for you, it’s easier than ever.

Crypto arbitrage bots especially seem to be the crypto trading flavour of the week. For better or worse, arbitrage (crypto or other) stops working when everyone starts doing it because the market prices on a free market change with trading activity. 

One of the implications of that is for instance that the safest crypto arbitrage will always be the two-country set up: Countries like South Korea or Japan live a bit secluded from the US & EU trading, and so the fiat value of crypto markets tends to trail farther off the US & EU dominated international markets. 

In South Korean markets, restrictive capital controls have created opportunities for savvy investors who can move quickly enough to take advantage of price discrepancies between exchanges.