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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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5671228 No.5671228 [Reply] [Original]

>req is mooning and no one is talking about it

>> No.5671253
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5671253

>>5671228
don't talk. just work.

>> No.5671369

will it correct? I tried daytrading and sold everything at 2900

>> No.5671375
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5671375

So I've noticed that sometimes a coin can have two different prices on two different exchanges. For example, last time I looked, REQ was at 41¢ on Binance and 44¢ on Kucoin. Forgive me for being a brainlet but is there some way to capitalize on that? Oh yes, I'm also a newfag when it comes to crypto so I'm sure y'all have some kind of cute acronym or meme for just that.

>> No.5671511

>>5671375
> Forgive me for being a brainlet but is there some way to capitalize on that?
You can try, but usually you'll get fucked by withdrawal and commission fees.

>> No.5671628
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5671628

>>5671511
Ah yes, I forgot about the fees. Well shit, no matter, I'm happy with my stack and just gonna hold and continue to accumulate.

>> No.5671643

>>5671228
Cause its a pnd retard

>> No.5671765

>>5671375
that's called arbitrage and it's not worth it after fees + time spent trying to sell it on the lower vol exchanges with the higher price. you'll see people on here act like they make money from it but they don't

>> No.5671890
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5671890

>>5671765
Ah, cool. Thanks, I thought it had a name. Yeah, pretty sure I'll never even try it.