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/biz/ - Business & Finance

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3065332 No.3065332 [Reply] [Original]

Is there any opportunity in bot-trading tether? The price still changes a bit and you can always guarantee it will go back to being about a dollar. Are the differences big enough to make money by constantly micro-trading with a bot?

>> No.3065379

>>3065332
exchanged LOVE bot trading.
do you know why ?

>> No.3065440

>>3065379
yea price maintenance but tether seems like different story

>> No.3065498

>>3065332
is that a jew monkey?

>> No.3065511
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3065511

>>3065440
>price maintenance
oh sweetie...

exchanges don't care about price....

>> No.3065553

>>3065511
i guess they dont, but im sure a lot of people care that tether stays at a dollar. either way, i dont get what point youre trying to make. im tryna see if anyone has ever tried profiting off microtrading tether with a bot

>> No.3065672

>>3065553
gain is minimal as many people are doing it already

>> No.3065698

>>3065672
well thats a given

>> No.3065740

>>3065698
i meant the gain from the transactions

you're in a loss if you take into account the electricity used for your computer to run

>> No.3065787

>>3065740
gotcha, but looking at the charts, it fluctuates between .99 and 1.01 quite frequently, and with 50 1 cent trades per minute, i could maybe make some money considering my computer is on all day and my bot is pretty light on resources... but youre right im probably just reaching here

>> No.3067075

Trading between tether and USD will rape you on taxes m8