[Trading] Still trying to arb the SBD

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·@andre3301·
0.000 HBD
[Trading] Still trying to arb the SBD
# The SBD is the PUMP SCAM apex that large Telegram channels do.
In theory, it should be naturally quoted at 1: 1 with the dollar, but in practice it's not quite like that.

*Versão em Português:* https://steemit.com/pt/@andre3301/trading-ainda-tentando-lucrar-sbd-com-arbitragem 

Like dozens or hundreds of tokens on the exchanges, many do not care about fundamentals, many do not even know anything about the token they buy (I dont know the nature of many of them either).

But one thing everyone has in common, they all want to make money. So when a token news comes out on a large channel, it ends up quickly gaining value - The Famous PUMP - before it falls again - The Famished DUMP.

As I am relatively  active here lately, I had $ 83 SBD that I received from other posts, ready to bid on our beloved bots.

When my partner warned that the SBD had undergone pump, I saw it rose from 14600 satoshis to 21200
WOW now thats a bull, of course totally artificial, the dump was right on the next corner ...

STEEM is a dramatically simple and fast transfer token. In transfer velocity, it owns Bitcoin! The big problem is that it is difficult to compete with the arbitrage bots ... and other than that, there are fees ... So I came here fast, I got the SBDs and I sent them to Bittrex. about 2 minutes later, I managed to sell them ... but it was too late already ...

![](https://steemitimages.com/DQme2TJoLKhKMHK9LSFhqszeUVhftJoaxcM1QisaT9CVMdD/image.png)


I did not lose, but we were even:

![](https://steemitimages.com/DQmQAd3HFrcBodofGX9taTuRTggXLH7npyyy1fMBikfV2LF/image.png)


Not to be break even, I thought ... well, at least I will make a post reporting this adventure so my efforts  will not be in vain!
-> Next SBD pump will try to be faster; )
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