I wanted to share my story and introduce my product. As a first-time entrepreneur but a long-time software engineer, I’ve always understood how important marketing is.
I’ve been working solo on my product, https://www.vultax.com/, and took time to study my competitors and follow Telegram channels in my niche. My product analyzes market data to track arbitrage opportunities and whale movements, with the potential for users to profit from arbitrage.
After promoting it on Telegram, I got multiple sales right away! I also received a few sales through Product Hunt.
Thanks to this community for keeping me motivated. If anyone has suggestions or feedback on how I can improve, I’d love to hear them!
I’m skeptical because the profit margins you mention are so high. Are you genuinely profitable from these trades?
The numbers are definitely crazy, and yes, I’ve personally run them. The servers I’m using to capture market data are the same ones I used to make money myself.
However, the amount of upkeep needed to keep my code running smoothly in a live trading environment is overwhelming. As a one-man operation managing 15 exchanges and 15 different APIs, I can’t guarantee nothing will fail.
All the numbers are accurate, but they don’t account for slippage fees. This happens when the price shifts slightly due to the nature of trades happening in milliseconds. You need a very fast connection to the exchanges to execute these trades. The alerts I provide aren’t meant to be acted on manually you should fully leverage your coding skills to use the market data we offer.
While some arbitrage opportunities last up to 15 seconds, allowing for manual trades, there’s no way to predict this in real-time. Most opportunities exist for just 500ms, making them suitable for retail traders with coding skills. Keep in mind, I can’t factor in fees eitherthe numbers use standard exchange fees, but if your trading volume is high, you could potentially lower those fees even further.
What strategy did you use on Telegram for marketing and self-promotion? Surely, a lot of groups would be fast to prohibit self-promotional accounts?
I know I’ll be kicked out fast, but I’m hoping to use discord servers not cryptocurrency to market a SaaS.
Curious to know what your Telegram approach is.