
-
2001 September 01
Company Description
I developed a math formula and written software that trades Bitcoin on margin, creating arbitrage. Our target is 0.01% profit per .
I developed a math formula and written software that trades Bitcoin on margin, creating arbitrage. Our target is 0.01% profit per exchange, we aim for 20-25 exchanges daily, which figures up to about 1.5% profit per week. Typically this type of thing is only accessible to huge financial institutions and they don't open it to 'the little guy'. A base investment of $10,000 dollars was made in March, which has grown to $12,740 in 3 months (despite the fact the value of Bitcoin has been dropping). We recently received an additional $10,000 investment this week, putting us at $22,740 in total funding. I am keeping 25% of this for management and development of the software (which currently is figuring up to about $11.37 per day for me). In order to merit doing this as a full time job, I would need a total investment portfolio of $200,000. I believe we can achieve this easily in 2 years starting with a $75,000 dollar seed, so our current investment target is to get to $75,000.
-
Manufacturer:
Financial Services -
Formed:
September 1, 2001 -
Company Website:
-
Company E-mail:
-
Company Address:
United States -
We recognize our sponsors starting at $1 per entry.
Learn more at https://www.ithistory.org/benefits