Crypto no. 6: No trading, only arbitrage.
Author: Ada, Deep Tide TechFlow
The crypto market has been rather quiet this year.
The altcoin market is generally bleak, and apart from a few on-chain trading experts, few people can consistently make money.
But in this seemingly quiet market, there is still a group of people quietly making a fortune.
They are even considered “outsiders”:
I have no faith in cryptocurrencies, nor do I care about fundamentals or narratives, and I don’t speculate on emotions.
Their principle can be summed up in one sentence: only arbitrage, no trading.
The recent article about “Doll Sister” has gone viral. To some extent, she is also an arbitrageur, surviving by exploiting algorithms, emotions, and traffic differences.
She and cryptocurrency arbitrageurs…
