12 May, 05:00
Example of a current Arbitrage opportunity:
LUNA is 10 cents on Kucoin and wrapped LUNA (WLUNA) is 60 cents on Coinbase.
Buy for 10 cents on Kucoin.
Transfer to Coinbase using the ERC20 network.
Sell for 60 cents on Coinbase.
$100 investment turns into $600 in a couple of steps.
Rinse and Repeat
$600 investment turns into $3,600 in a couple of steps.
Rinse and Repeat
....
Whenever you are satisfied you can use that $ to buy lots of XRP on Kucoin or just buy lots of Ammo
This is just an FYI and not financial advice. For experienced traders.
LUNA is 10 cents on Kucoin and wrapped LUNA (WLUNA) is 60 cents on Coinbase.
Buy for 10 cents on Kucoin.
Transfer to Coinbase using the ERC20 network.
Sell for 60 cents on Coinbase.
$100 investment turns into $600 in a couple of steps.
Rinse and Repeat
$600 investment turns into $3,600 in a couple of steps.
Rinse and Repeat
....
Whenever you are satisfied you can use that $ to buy lots of XRP on Kucoin or just buy lots of Ammo
This is just an FYI and not financial advice. For experienced traders.
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Not into crypto primarily because I just don’t trust it. Too much negative surrounding bitcoin way back when. Need hands on education “walk me through it”. So... I will stick w/ gold/silver. Might regret not putting forth the effort to learn. What I do need to dive into is purchasing a gun and learning how to use it. Said it out loud. Fear comes from lack of knowledge.
01:57 PM - May 12, 2022
In response Vincent Kennedy⍟ to his Publication
Only people mentioned by KoffeeK in this post can reply
Laritha Savage
@Laritha
12 May, 03:31
In response Kim V.. to her Publication
If it is backed by gold maybe.
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