[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 78 KB, 1001x645, Capture.jpg [View same] [iqdb] [saucenao] [google]
21860432 No.21860432 [Reply] [Original]

Retard or alphabrain idea? Hypothetically, If you had $100,000 to play with, couldn't you make thousands of dollars per day in profit by buying the lows and selling the highs on a stablecoin like DAI, with practically zero risk?

>> No.21860459

This ones a genius fellas

>> No.21860558

>>21860459
where is he wrong

>> No.21860605

OP IS RETARD WHAT IS SLIPPAGE FUCKBOY?

YOU'RE BETTER LENDING THAT SHIT OUT

>> No.21860617
File: 33 KB, 511x671, 1596486969128.jpg [View same] [iqdb] [saucenao] [google]
21860617

Buy orders at .999 Sell orders at 1.01
Hello early retirement.

>> No.21860622

>>21860558
Hes not wrong, but he is really really late to the party. Also getting enough capital to have return on stablecoin arbitrage is the hard part

>> No.21860941

>>21860622
Ye. Unless you do this with 10-20millybits dumb

>> No.21860991

>>21860605
I know I'm retarded, I'm new to this. Slippage, yeah, I forgot about that. Maybe there are stablecoins that are "volatile" enough to overcome the slippage losses?