I can't believe it myself. The first thing I did when I woke up yesterday afternoon was to buy the bottom of USDC at 0.9992. In less than 10 hours, the exchange rate has returned to 0.9998. With the gains from the euro and the yen, I can have a luxurious pork knuckle meal this month.
The reason for the increase in USDT prices should be that a large amount of margin calls are needed, especially when the contract demand is the largest. When the situation is basically stable, the exchange rate will return, after all, it is 1 US dollar.
Today, I talked to my neighbor about the counter-trading plan for a long time. Originally, he thought it would take 5-10 days to get a return of 1,000. Now, it seems that it can be sold at this exchange rate today.
The euros I bought at the bottom a few days ago have been sold, and I am very happy to make money. If the US dollar can rise back to 104, I will continue to buy the bottom of the euro. If it can't go back, I will also build a position for this month's euro in the past two weeks, and continue to buy yen with pocket money.
I like risk-free arbitrage more and more. I have upgraded from the previous stablecoin counter-trading version 1.0 to version 2.0. Some friends asked if it is risky to enter the euro and yen? In fact, there is still no risk. This is just the beginning. It is not a big problem to get the euro to 0.88, let alone 0.92. I asked my friends to buy the euro at the exchange rate of 1.01. I wonder how many friends still remember it.
I remember seeing a friend on Twitter saying that no one will selflessly share the real money-making plan. Maybe they don’t know me. Whether it is stablecoin counter-trading or foreign exchange arbitrage ideas, I have shared them for more than two years, and I will talk about them almost every now and then. Unfortunately, most friends look down on this profit, but you know, the annualized return of more than 12% for risk-free arbitrage, for the maximum assets of US$15 million, should not be achieved by 90% of the institutions in the market.