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IMHO the biggest issue is keeping the money sitting on multiple exchanges, that's very risky, especially these kinds of amounts to make arbitrage meaningful. Th
by meirelles 9y ago
IMHO the biggest issue is keeping the money sitting on multiple exchanges, that's very risky, especially these kinds of amounts to make arbitrage meaningful. The counterparty risk is high, crypt exchanges are not like banks or brokerages, you should buy or sell then withdrawal whatever you got asap.
- jnordwick 9y agoHugely underrated comment. Counterparty risk is incredibly difficult to price, and you're going to get adverse selection problems (eg you're more likely to get bids hit on venues that are more difficult to move btc off of). BRTI (CME real time index) is closing in on 10k (@ 9918.33 right now), but I've heard of issues moving money at all for exchanges used to calculate the index.