Arbitrage…
This is interesting to watch.
You can do the same between Hive-Engine and Ionomy.
But $ 10 instead of 10 Billion …
Just don’t create a Ponzi scheme and get your friends and family to invest in your Trading Games.
You can watch all his Trades on YouTube.
It's a loophole - physiological hole.
Once you get few guys to believe something which is fake, few more will join, and even more, and even more & it becomes a trend. Trend becomes fact.
I never ever heard of FTX 🤷 I came to know after all of my investment plunged 50% or lower.
I never heard of them either. So weird.
Well ... I believe that SBF made a lot of money with Arbitrage but then got super greedy and believed it would work every time. He used these stories to convince people to give him millions of dollars (real fiat money) to play with. Lesson Learned : Never trade real money (fiat) for pretend money (crypto). Only Convert the pretend money (Crypto) into fiat to buy food and land. It’s only real money when you use it to buy something.
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