Cryptocurrency Q&A
How to make money with arbitrage?
How to make money with arbitrage?
Stefano
Wed Dec 11 2024
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5 answers
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I'm interested in learning about arbitrage as a way to make money. I want to understand how it works and how I can potentially profit from it. Can someone explain the concept and provide guidance on how to get started?
5 answers
charlotte_wright_coder
Fri Dec 13 2024
Online arbitrage represents a strategy where individuals purchase items from one platform and resell them on another for a profit.
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Martino
Fri Dec 13 2024
This process often involves identifying items that are priced lower on one website compared to their market value on another.
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Carolina
Thu Dec 12 2024
For instance, if a collector's item is listed on eBay for $8, an arbitrageur might purchase several units of this item.
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Martino
Thu Dec 12 2024
Subsequently, these items can be sold on Amazon at a higher price point, such as $20 each.
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IncheonBeautyBloomingRadiance
Thu Dec 12 2024
The arbitrageur's profit is calculated by subtracting Amazon's fees and any associated shipping costs from the selling price.
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