My Journey to $50/Day with crypto arbitrage.

[menSA47]

Hello guys, this is the start of my new journey here so a little background about me: I am a guy that always works things on the side on the internet I worked as a designer, reskin apps, Smma, got into crypto, and nfts in 2022 made good revenue while studying and learning Skills along the way.

So the reason of creating this journey is mainly to affirm more discipline to my work as I have Problems with discipline and also want to prove that there are other niches to print other than websites/SEO/CPA, which are the famous journeys here in the forum.

For the method I have been doing it for 1 month now but I don't work daily and not disciplined Which is not maximizing my revenue with it. The method is making me about 0.4-0.6% a day on my capital. Risk is low since I am not buying crypto I only buy & sell USDT or other stablecoins in my local currency. Usually I only use exchanges to buy and sell, but sometimes I buy usdt using usd in PayPal and Then go sell it in cex and I pocket the difference in price . (It would be risky if you don't know what you are doing bcz you could get scammed!)

So this is it, I hope I'll encourage people to work on themselves and I hope I reach my goal before End of 2023. I will keep you guys updated. This thing for me is just side stuff that makes me income my real goal is to get good job IRL in my specialty in uni software engineering. I am Now in third year of uni i Will keep you guys updated, I really liked all the journeys before me it really feels good watching the boys make it. hope lucks come to make me the next successful Journey !

 

[Beklink]

Good luck with your journey. Following.

 

[richmind]

Interesting, I'm a trader, and I heard about a guy who taught a similar technique, always arbitrage on the stable coin but I never looked into it further.

 

[J0E]

Good luck with your journey. I am a hardcore arbitrager myself

 

[rodmarb2b]

Good luck!
I will follow you

 

[Pranto]

Good luck with your journey. Following.
Is there any guide where I can learn about this? I heard about this and want to know more about it.

Good luck with your journey. I am a hardcore arbitrager myself

Is there any guide where I can learn about this? I heard about this and want to know more about it.

 

[Weston Nick]

All the best for your journey

 

[menSA47]

Good luck with your journey. Following.

Thanks!

Interesting, I'm a trader, and I heard about a guy who taught a similar technique, always arbitrage on the stable coin but I never looked into it further.

I trade as well from time to time you can contact PM me to share knowledge.

Good luck with your journey.

Thanks bro!

Good luck with your journey. I am a hardcore arbitrager myself

Thanks! keep up the good work brother, if you got any advices for me i would like to hear

Good luck!
I will follow you

Thank you!

Good luck with your journey. Following.
Is there any guide where I can learn about this? I heard about this and want to know more about it.

Thats the thing about these crypto methods i did not find people really explaining it in detail all my stuff i learned through trial and error but i will suggest you to watch as many videos as you can on this topic you will get a general idea that way. good luck!

All the best for your journey

Thank you!

 

[menSA47]

First day 04/11:
was a good start honestly!
i didnt put all my capital yet i still got 0.6% profit margin on my trades which had left me with 20$ profit today.
usually these good days dont last so i tried to milk it as much as possible and worked hard today.

Ps:those trades were done on binance so they took fee of 0.4% so if i could find a way to sell in other exchanges with 0fee that would be 1% a day if anyone has suggestions i am all ears .
if you got questions i am here to help.

 

[Pranto]

First day 04/11:
was a good start honestly!
i didnt put all my capital yet i still got 0.6% profit margin on my trades which had left me with 20$ profit today.
usually these good days dont last so i tried to milk it as much as possible and worked hard today.

Ps:those trades were done on binance so they took fee of 0.4% so if i could find a way to sell in other exchanges with 0fee that would be 1% a day if anyone has suggestions i am all ears .
if you got questions i am here to help.

Please tell in a bit of details what you did exactly

 

[I Am Batman]

Awesome. Can you set auto for this?

 

[1SEOWarrior]

Looks interesting. Go on!

 

[alexandrpham]

thank you. that's a brilliant idea. following to see your result

 

[menSA47]

Please tell in a bit of details what you did exactly

methods really depends on the market prices and fees to calculate risks, the thing about these methods some of them are totaly easy and legal some of them or not. so first is simply buying and selling the spread of a certain currency using USDT and another is actually buying that currency using US Dollar with my bank accounts that are in uk or us then sell it as usdt in my local currency thing is there are bunch of fees so you gotta count in each exchange or bank or app fees i wont give the banks i use i wont spoon feed you its a method i payed for with time and money.

please be cautious i only showed you profit which makes you think this is easy money please be wary early when i started i got scammed of 300$ so it's not that easy printing and also i know people that got problems with their country authorities doing this because apparently some countries think this is like "money laundering". Good luck!

Awesome. Can you set auto for this?

no there is a lot of scammers to be wary about but maybe hire someone to do it for you for 5$ and keep the rest people of third world countries would do it.

Looks interesting. Go on!

Thanks! i will.

thank you. that's a brilliant idea. following to see your result

Thanks bro!

 

[OneGuySEO]

Hello guys, this is the start of my new journey here so a little background about me: I am a guy that always works things on the side on the internet I worked as a designer, reskin apps, Smma, got into crypto, and nfts in 2022 made good revenue while studying and learning Skills along the way.

So the reason of creating this journey is mainly to affirm more discipline to my work as I have Problems with discipline and also want to prove that there are other niches to print other than websites/SEO/CPA, which are the famous journeys here in the forum.

For the method I have been doing it for 1 month now but I don't work daily and not disciplined Which is not maximizing my revenue with it. The method is making me about 0.4-0.6% a day on my capital. Risk is low since I am not buying crypto I only buy & sell USDT or other stablecoins in my local currency. Usually I only use exchanges to buy and sell, but sometimes I buy usdt using usd in PayPal and Then go sell it in cex and I pocket the difference in price . (It would be risky if you don't know what you are doing bcz you could get scammed!)

So this is it, I hope I'll encourage people to work on themselves and I hope I reach my goal before End of 2023. I will keep you guys updated. This thing for me is just side stuff that makes me income my real goal is to get good job IRL in my specialty in uni software engineering. I am Now in third year of uni i Will keep you guys updated, I really liked all the journeys before me it really feels good watching the boys make it. hope lucks come to make me the next successful Journey !

Good luck with this will follow! Which CEX do you use? Isn't there a "double taxation" or overall tax issue from the weird cash flow, cause when you send from paypal to a cex its total 2 different entities, so it would look like someone paid you in the cex?

 

[menSA47]

Good luck with this will follow! Which CEX do you use? Isn't there a "double taxation" or overall tax issue from the weird cash flow, cause when you send from paypal to a cex its total 2 different entities, so it would look like someone paid you in the cex?

Thank you! i use Binance,Okx and bybit i am looking forward to go for paxful and localbitcoins to get more liquidity these are big ones as well in P2P. yea thats what i had mentioned earlier for this method better suited to third world countries with less strict policies on taxes & making money online. other than that you should look for ways to get foreign bank accounts or buy them you should figure out your own solution.
i didnt understand last question the cex never really asks of the origin of money.

 

[Lord of Skies]

Hello guys, this is the start of my new journey here so a little background about me: I am a guy that always works things on the side on the internet I worked as a designer, reskin apps, Smma, got into crypto, and nfts in 2022 made good revenue while studying and learning Skills along the way.

So the reason of creating this journey is mainly to affirm more discipline to my work as I have Problems with discipline and also want to prove that there are other niches to print other than websites/SEO/CPA, which are the famous journeys here in the forum.

For the method I have been doing it for 1 month now but I don't work daily and not disciplined Which is not maximizing my revenue with it. The method is making me about 0.4-0.6% a day on my capital. Risk is low since I am not buying crypto I only buy & sell USDT or other stablecoins in my local currency. Usually I only use exchanges to buy and sell, but sometimes I buy usdt using usd in PayPal and Then go sell it in cex and I pocket the difference in price . (It would be risky if you don't know what you are doing bcz you could get scammed!)

So this is it, I hope I'll encourage people to work on themselves and I hope I reach my goal before End of 2023. I will keep you guys updated. This thing for me is just side stuff that makes me income my real goal is to get good job IRL in my specialty in uni software engineering. I am Now in third year of uni i Will keep you guys updated, I really liked all the journeys before me it really feels good watching the boys make it. hope lucks come to make me the next successful Journey !

How much capital do you need , to make $50-100/day in crypto arbitrage?

 

[menSA47]

How much capital do you need , to make $50-100/day in crypto arbitrage?

Not the right question. because there are two metrics you gotta take into account to reach 50-100$ a day:
1.profit margin
2.capital
for example i might have 10k and not reach that number because profit margin is like 0.1% a day. (10$ a day)
so look for the METHOD that makes good profit margin in order to get whatever X ur capital to 50-100$ a day.
so usually with those methods worst case is 0.3% a day and best case is 1.5% a day.
which is in capital : worst case 17k$ and best case 3500$.

 

[menSA47]

Awesome. Can you set auto for this?

update to ur question mate it seems yes you can i just read journey of this fella @DavidG1510 , basically you can employ people to work for you in tier-3 countries Good luck!

 

[I Am Batman]

update to ur question mate it seems yes you can i just read journey of this fella @DavidG1510 , basically you can employ people to work for you in tier-3 countries Good luck!

Thanks man for the update. It will be best if can auto. I will take a look.