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Nairaland Forum / Nairaland / General / Business / Arbitrage Trading, Why People Don't Do It (303 Views)
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Arbitrage Trading, Why People Don't Do It by Ringstonermasks: 10:02am On Mar 23 |
Arbitrage Trading: Making Money from Price Differences Imagine buying a brand-new iPhone for 500K in Lagos and selling it for 700K in Rivers State. That's a profit of 200K without adding any value! This is essentially what arbitrage trading is: *Arbitrage Trading:* Buying an asset (e.g., stocks, currencies, commodities), although we will be dealing on NAIRA as an unstable currency with different exchange rates from market online at a low price in one market and selling it at a higher price in another market, profiting from the price difference. Here's a simple example: 1. You notice that Naira exchange rate is 1500 to dollar, you can look for an exchange market that would buy for 1700 to dollar. This is exactly how some folks became crypto investors too... 2. You buy 1 Bitcoin for $10,000(not real price)on Binance 3. You immediately sell the same Bitcoin for $10,500 on ByBit 4. You pocket the $500 profit! Arbitrage trading takes advantage of temporary price differences between markets, providing a risk-free profit opportunity. However, it requires: - Access to multiple markets - Real-time market data - Fast execution of trades - Ability to handle transaction costs This is what am willing to share with you and start a community that will interact daily online on what to buy and sell online everyday. This is not an ponzi scheme or even gambling. This is a sure financial gateway to more money. At the end, you won't loose a dime no matter what, that's if you do it the right way. If you do it recklessly, you may end up not generating profit at all. I am willing to take Questions And Provide answers PS: I will not ask you to deposit or send any money to me. I also do not represent any financial establishment. My WhatsApp number is in my profile. |
Re: Arbitrage Trading, Why People Don't Do It by Ringstonermasks: 11:37am On Mar 23 |
AgroBizSolution:I am setting up a class on WhatsApp. It easy, just basics and the application of common sense |
Re: Arbitrage Trading, Why People Don't Do It by Dhilariousdandy(m): 11:56am On Apr 01 |
Scam!!! Run for your life ooo |
Re: Arbitrage Trading, Why People Don't Do It by Ringstonermasks: 3:05pm On Apr 01 |
Dhilariousdandy:pls do well as to provide evidence and we will gladly resolve. or visit any of our offices. |
Re: Arbitrage Trading, Why People Don't Do It by Dhilariousdandy(m): 8:58am On Apr 04 |
Ringstonermasks: Lol, funny you. All these scammers sef, I never have your time na why I keep you mute since and when I do you’d regret having to meet me at first. It’s a promise. In other for anyone not to fall a victim again, let me make it brief. I contracted you last sometime October last year to design a blog. We agreed on 40k and I made the half payment of 20k to kickstart the project. I can remember how you bombarded me with calls to make payment. After making the payment you never delivered until now. You abandoned the project and set me up for spamming. I get series of spam messages in a website that is under development for over 6 months now. Bro, you’re very heartless and if I didn’t get my refund in full. I will be coming for you in full. Shebi na Abuja una yeye office dey? No issues Anyways I have attached some screenshots for the world to see. 1 Like
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Re: Arbitrage Trading, Why People Don't Do It by Ringstonermasks: 3:38pm On Apr 04 |
what is that... is that not what u got from me... also the other stuffs too u got them... looking for cheap blackmail
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Re: Arbitrage Trading, Why People Don't Do It by noobody(m): 4:12am On Apr 06 |
Ringstonermasks: This person is a fraudster!!known as MABBERY JAMES ON FACEBOOK!! Phone number A scammer!! 08123296873 A thief!! He tried to go on Facebook to tarnish my image and he was exposed You have hit the hornet nest!! This is just the beginning, You don't need to bother to look for me,I would find you my self, We both would tender our case in police station and you would explain exactly how your brother was scammed! You think because you are doing fraud and yahoo,you can't be caught? Now I can confirm he is the famous nairaland scammer!! 08123296873 moniepoint EMMANUEL UGBEOJO ADEJO Airtel smart cash 8123296873 aliyu ayuba See link below https://www.nairaland.com/8213980/beware-kiwtok-kwitok-scammer-whereismanna#132013479
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