Arbitrage risk of virtual currency
legal. Virtual currency mining to make money, digital currency hoarding to make money, virtual currency speculation to make money, digital currency move bricks arbitrage to make money, open a digital currency trading platform, charge fees are good ways to make money 1, virtual currency mining to make money : This is the most original way to make money with virtual currency. Through the purchase, rent, or self-assembly of mining machine, installation and operation of specific mining program software, 24 hours a day continuously running mining. The earlier the project, the more opportunities there are for mining, and the greater the harvest. For example, bitcoin, now the cost of mining is higher and higher, but the bitcoin is less and less. Therefore, the best way is to find projects that contribute to the development of world blockchain in advance, and get involved in mining as soon as possible to obtain early dividends. Then hoard the money and wait for the later appreciation before selling it 4, digital currency move brick arbitrage to make money : in the field of digital currency, there is a way to make money without losing money, that is move brick arbitrage. The digital currency transaction led by bitcoin is a pure market behavior, which is not regulated by the financial system of any country or region. The digital asset itself is encrypted, but it is multi-party proof, at the same time, it is completely transparent, and anyone can query it 5, open a digital currency trading platform and charge a handling fee . These are basically the profit models of mainstream digital currencies such as bitcoin, Ruitai coin and Laite coin. Virtual currency investment is risky, and there is no limit on the rise and fall of stocks in virtual currency, so it needs to be cautious to invest in virtual currency. At present, Ruitai coin, Weimeng coin and Ethereum perform well in the market
so here are some suggestions for novice friends. I hope that those who have just joined the circle will take less detours
1. All the gimmick projects, such as brick arbitrage, are basically MLM projects. Of course, I don't mean that MLM projects don't make money. On the contrary, some MLM projects may make more money than the real money circle, but you must remember what you are here for, whether you are in the money circle, your MLM or the money circle's MLM. If it's the first one, stay away from MLM; If it is the second, I suggest 1040 sunshine project; If it's the third one, congratulations on coming to the right place, and then close this answer
2. As long as there is a way to promise the amount of rebate every day or within a certain period of time after the investment in the coin circle project, it is generally mixed with the traditional pyramid selling mode of pulling the head, which is all pyramid selling. The author does not recommend it
3. Don't believe too much in the security of trading, and don't wait for a fall to gain wisdom. You'd better accept the truth that the predecessors have told you many times. Maybe they just don't want you to fall again where they fell
4. Don't think about mining to get a lot of profits (of course, it's good to play, and the author also starts from mining when entering the coin circle), but you can understand the mining instry to know the big ecology of the coin circle
5. For indivial investors who have not been in touch with finance, the return of Tun yuan must be greater than your short-term return for many times. In the short-term, the money you make for nine times may not be equal to the money you lose for one time when you operate wrongly. This sentence is especially applicable to contract leverage.
take an example from life: luxury goods are sold at different prices in different stores. Korean stores sell cheaper than Beijing stores. We buy luxury goods in Korea and then sell them in China to earn a difference. This is the simplest way to move bricks
take BTC as an example. On March 22, 2020, the price of BTC is 6150.39 USD on the bithumb platform and 6259.10 USD on the coinviva exchange platform, with a price difference of. It means that if you buy a BTC in bithumb and sell it on coinviva, you can earn 109usd, about 770 yuan. Recently, the market price fluctuates greatly, forming a large arbitrage space, and the highest arbitrage space can reach 10%. At the same time, please choose a formal trading platform to control the risk.
In short, the principle of brick Arbitrage: buy low and sell high, buy money from the place with low price and sell it at the place with high price, that is to earn the price difference of different platforms
but there are three risks in moving bricks:
A. time difference of currency transfer: it takes a certain waiting time to pick up or deposit the currency, so it may miss the best trading time
B. currency price fluctuation: if the currency price fluctuation is relatively large and the process of moving bricks has not been completed, the price difference has disappeared
C. platform problems: some trading platforms may shut down services from time to time, or even run away
principle: carry out brick arbitrage on two platforms at the same time to avoid the risk of "time difference of currency transfer" and "currency price fluctuation"
before moving bricks: the brick moving platform must support the same currency transaction, and the brick moving platforms must be able to transfer currency to each other
Step 1: price difference calculation. There are handling charges for currency trading and currency transfer, so you have to calculate the cost according to your own funds. Only when the price difference reaches how much can it be profitable to move bricks
Step 2: simultaneous operation. Buy BTC on the low price platform and sell BTC on the high price platform. At this time, the number of BTC holdings remains unchanged and the number of usdt increases You need to pay attention to transaction fees.)
Step 3: balance funds. It is difficult to predict which platform has a lower price and which has a higher price e to the price difference. Therefore, the two platforms that move bricks need to prepare usdt and BTC. When the price difference appears, it is convenient to move bricks There are also handling charges for cross platform currency transfer.)
the above is the principle and steps of risk-free arbitrage using BTC and usdt. It also has a big name: quantitative hedging. The fundamental purpose is to earn usdt, not BTC
You can take a closer look at this: Web linksThere is a lot of water in it. Be careful if you are cheated, you will lose all your money
as shown in the figure, at present, the prices of mainstream currencies in the major exchanges are not very different, and there is no profit arbitrage for you to move bricks. Moreover, there are also handling charges for moving bricks. Pay attention to whether the same transaction is right!!! In short, it's not cost-effective to move bricks
if it is a non mainstream currency, such as air currency, the price difference between different exchanges may be relatively large, but there are many pitfalls. Some exchanges can not withdraw money, or there are many restrictions, such as locking positions and so on. It's very likely that they will not be able to move bricks and break their own feet. Many small exchanges have this kind of routine, with high price difference to ince you to be cheated, when you charge money to prepare for arbitrage, lock the position first, when you want to unlock, the boss of the exchange runs away with money
if you can make a profit by moving bricks, the employees of the exchange can make a lot of money by themselves. Why cheat you to charge money!!! After all, it's the Internet age. Anyone can get public information, and no one is a fool