Question - Any experience with Crypto Flash Loan Trading?

Hey all,

I'm fairly new to the crypto world and wanted to ask those who have more experience...

I've been hearing a lot about making big profits using flash loans and flashloan bots..
for eg..
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and it really seems like I'm missing out on the action... I've never used money that's not mine to trade, and you can guess that the profits (and losses of course) were very minor..

But it seems like with some knowledge in solidity and blockchain networks, you can easily take out a flash loan and make some great profits...

My question is, has anyone had much experience with flash loan trading in general?? I really want to get into it, but to me it just sounds a bit scary because we're talking big money :S

Would love to hear about your experience?

I've been digging deep into this topic recently... Seems best profit making use-case for a flash loan is with arbitrage opportunities. Therefore, you also have to integrate an arbitrage opportunity bot/signal/indicator. You probably also need to code the parameters and details the exact arbitrage opportunity (exchange, assets, loan, etc.).

On top of that, there are already super expensive computers that process these arbitrage trades. By the time your bot spots it and you put it together to execute, the opportunity will be gone.


I have a very small understanding of this topic so I may be quite wrong or inaccurate here.

But, I would love to develop something with you or split the cost of developing such a tool. Flash loans are very interesting but seem to have little profit-making use unless you know of an opportunity coming.