A basic knowledge of arbitrage is that you need to know whether you can make money by mining counterfeit coin head mines in 15-16 years, grabbing ICO in 17 years, trading mining in 18 years, IEO in 19 years, DeFi in 20 years, NFT in 21 years, inscription in 24 years, and current meme. It is always easier for the first wave of people to make money, and what they need to compete for is usually profitable. When they start not making money, they immediately give up the track. Moving bricks is the most fundamental arbitrage, mainly pursuing deterministic price differences. The simplest way is to start from a to b, as I just mentioned, Binance often has price differences when mentioning hshkey. The first step is to confirm the magnitude of the price difference and how long it can last. It should be noted that some altcoin exchanges may require you to withdraw funds, which can lead to situations where both sides have dropped and you still lose money. At this point, you need to either have both sides of the coin or learn to hedge and borrow to prevent this risk. The core is still value for money, whether this matter is worth fighting or not, just like yesterday's shell, it is worth fighting for. It is unlikely to run away or anything. If there is a problem, Binance may also compensate. The risk is whether the operation is done properly, whether there is hedging, and whether the private key is protected properly. Abandoning these systemic risk issues is a good arbitrage opportunity, but there are also people who do not want to play, probably because they feel that the money earned is too little or dislike the trouble, which involves execution. Dog Management earned 100 million yuan by moving Luna, because they kept moving bricks from the blockchain to the exchange for two or three days without sleeping. This requires execution power. The cryptocurrency industry seizes one opportunity to make a fortune, and almost every year there is one. Don't worry if you miss out on Trump's coin issuance. There will always be another one that suits you, but you need to constantly learn and know how to operate some things in the cryptocurrency industry, so that you have a chance to catch it. If you keep trading passively, even if you encounter big opportunities, you will be stuck and suffer big losses due to some operational problems. As the saying goes, even if the position is very low and you are already wandering outside, you still need to learn more about new things and understand some basic operations. Even if it's not necessary this time, there will always be moments of accumulating experience and achieving big results at once.