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A comment on Open sourcing crypto-arbitrage bot in Python – back to the dawn of crypto hype. Parent comment

Re:Open sourcing crypto-arbitrage bot in Python – back to th... by villager on Tuesday September 17, 2019 @01:41PM (#20997943)
>> With arbitrage you also have to beat the fees and the time. I have to add - coins that you use for trading is also important factor, volatility may lead to situation when you were able to increase volume of some alt-coins, but next day their price severely drops
[ Parent | on HN ]
Re:Open sourcing crypto-arbitrage bot in Python – back to th... by arbol on Tuesday September 17, 2019 @02:37PM (#20998626)
This is why you need to build a global balancer that withdraws funds into more stable coins once they reach a certain threshold. A minimum (e.g. Max trade size * 3) should be kept in each active coin for trading only.
[ Parent | on HN ]