Arbitrage - What it is and how it works
Arbitrage, as well as crypto currency in general, is not the quick buck
everyone on forums and dubious sites advertising trading bots make you
believe. While its inner mechanisms and workings are still quite
cryptic* to even the most professional traders (sorry for the pun), even
the fabled cryptographic adheres to some basic principles, afterall.
The 'quick way to wealth' usually will just end up quickly making you
wealthless.
(*) Another great myth is that the chinese dictate the BTCUSD market.
There is no empirical proven correlation between chinese and american
markets. The only defacto correlation that has been found was that of
google searches for bitcoin to btc trading volume - but whether this was
positive or negative was inclusive.
Source: https://markethive.com/stephenhodgkiss/blog/arbitrage--what-it-is-and-how-it-works
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