Day 11 : from 0 to 1 BTC - arbitrage strategy results (day 10)

Day 11 : from 0 to 1 BTC - arbitrage strategy results (day 10)


Hi every one.

As promised, I'm keeping you updated on my  investment trough the L7.trade plateform .

I earned yesterday 0,87 XLM (around 700 satoshis) in 2 risk free trades (+2,7%). It's a little bit under my target of 3% a day but it's ok. 

I am today tarding with 34 XLM and I planned to had as soon as possible 10 additionnal XLM from my other gains (faucets mainly).

I explain here the process, step by step :  https://www.publish0x.com/from-0-to-1-bitcoin-challenge/0-1-bitcoin-challenge-first-investments-how-i-plan-reach-2-d-xdnevr

Here are my results so far :

351665157-3d20570dc5ea629f1050adf823a7162999cc078b998fd2642ca464a5fc33315f.png

Why do I target 3% daily? Because that's 23 % per week and if I can achieve such rate week after week I will turn therse 34 XLM in more than one bitcoin in less then a year, thanks to the coupond effect! More on that here : https://www.publish0x.com/from-0-to-1-bitcoin-challenge/day-10-0-1-btc-update-my-arbitrage-strategy-xyypge

Next steps 

I will continue to execute de daily risk free arbitrage. The only things have to do is to check many times a day the site for arbitrage opportunity and execute them. It takes 30 secondes and persistance ! 

Here how i did my first abitrage, step by step : https://www.publish0x.com/from-0-to-1-bitcoin-challenge/day-6-0-1-btc-my-first-arbitrage-trade-14-risk-free-3-hours-xlypme

What is L7 trade?

It's an arbitrage plateform. As you the prices of crypto assets might be different from on exchange to another. With this plateform you can buy low on one exchange and immediatly sell higher on another plateform (it's more complex than that but basically it is that). It's a risk free arbitrage.

How much can I make?

The arbitrage opportunities are around 5% but the plateform uses a lot of intermediary to achieve the arbitrage so there are fees involve and in the end I think I will make between 1 and 2% per arbitrage. Assuming I can do it 3 times a day that's an average of 5% a day ! 

What is the minimum to trade ?

That's why i choose to convert my BTC in XLM : the mimum are very high in BTC or LTC but starts at 20 XLM (around 2$) plus XLM has no fees so it's easier to arbitrate.

When my bankroll will increase I will also arbitrage other crypto (BTC, ETH and LTC I think), as I have the impression the arbitrage opportunities are bigger on these coins.

 

If you want to give a try please use my referal link : https://l7.trade/?r=201174635 it will help me a lot to reach my goal !

Have a good day

 

***

You want to help me achieve my challenge?

Here is what you can do :

  • Try these amazing faucets to get free bitcoin:

Claim free coins: https://claimfreecoins.io/bitcoin-faucet/?r=3MVq7vBsLPiFW2F1X524Q36NTB2oy954vJ

Onebitco : Claim 7-14 satoshi every 5 minutes http://onebitco.com/?r=3MVq7vBsLPiFW2F1X524Q36NTB2oy954vJ

Starbits : 5 satoshis every 5 minutes https://www.starbits.io/?r=3MVq7vBsLPiFW2F1X524Q36NTB2oy954vJ

Claimbits : 6 satoshis every 5 minutes http://www.claimbits.io/?r=3MVq7vBsLPiFW2F1X524Q36NTB2oy954vJ

MoonCash - Bitcoin Cash

If you want to support my project and try this Faucet, please use this link (I'll gain 25% of what you will claim ) : http://moonbitcoin.cash/?ref=7E87E7172726

MoonDash - Dash

If you want to support my project and try this Faucet, please use this link (I'll gain 25% of what you will claim ) : http://moondash.co.in/?ref=84A24E614699

MoonLite - Litecoin

If you want to support my project and try this Faucet, please use this link (I'll gain 25% of what you will claim ) : http://moonliteco.in/?ref=3e2e0716f4f1

MoonBit - Bitcoin

If you want to support my project and try this Faucet, please use this link (I'll gain 50% of what you will claim ) : http://moonbit.co.in/?ref=6a2a5d775f92

MoonDoge - Dogecoin

If you want to support my project and try this Faucet, please use this link (I'll gain 25% of what you will claim ) : http://moondoge.co.in/?ref=48bade1eebd1

Thank you very much in advance !

 


julien
julien

Crypto enthusiast. I challenged myself to accumulate 1 bitcoin starting from 0 in 1 year. I'll share with you this journey


From 0 to 1 Bitcoin challenge
From 0 to 1 Bitcoin challenge

Crypto enthusiast. I challenged myself to accumulate 1 bitcoin starting from 0 in 1 year. I'll share with you this journey.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.