Hello!
I have a wallet at REMITANO with multiple cryptocurrencies and they are offering SWAP service where user can SWAP his/her cryptos from one crypto to another at the fee of 0.25%.
My question here arises, can someone really makes profit using this service eg. By holding USDT and buying BTC at lower price, and when price of BTC rises you SWAP it to USDT (or any other stable and valuable crypto at that time) and when price of BTC drop, again you buy them and then waiting for it to rise again and then SWAP it to USDT. Does this really possible way of making money using cryptocurrencies?
I have a wallet at REMITANO with multiple cryptocurrencies and they are offering SWAP service where user can SWAP his/her cryptos from one crypto to another at the fee of 0.25%.
My question here arises, can someone really makes profit using this service eg. By holding USDT and buying BTC at lower price, and when price of BTC rises you SWAP it to USDT (or any other stable and valuable crypto at that time) and when price of BTC drop, again you buy them and then waiting for it to rise again and then SWAP it to USDT. Does this really possible way of making money using cryptocurrencies?