Quote:
Originally Posted by crucifissio
I got in around new years I do not remember when exactly but I got in to do arbitrage and day trading, I think crypto is fart-in-a-jar but good short term profits if you know what you are doing...I doubled my money with daytrading and made maybe 20x with arbitrage but I got really really lucky with the arbitrage I found a coin with 10-20% difference depending on what day at 2 shitty exchanges and traded the fuck out of it from 10 accounts absolutely crushing daily withdraw limits...I will be going ALL in once the dip is over...I plan to do some ballsy ICO and penny stock shit...page 10 and lower shit on coinmarketcap...super high risk but I do not care its all free money as far as I am concerned...
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You and I should definitely speak further on this... I have been killing it in the penny stock racket for the past 3 months now engaging in the highest volatility stocks out there... but great risk = greater reward and I have a similar plan for a handful of altcoins as well. My biggest arbitrage in alt by far was 2.3 million in Colossus Coin 4 years ago, paid I think $5-10 bucks total for the 2.3 million, as of 4 months ago (and 2 years after the conversion of the old COL coins into the COLXT or whatever) i sold the lot @ $11,667
And yes, i could not agree more with you, if done right, and you do your research, you can make some serious cash backing BTC against alt & merging that with your strategy behind the penny stocks
Well said my friend