Recycling a currency gives a great profit

Day 1,379, 07:32 Published in Indonesia Greece by achatis

Continuing in the same spirit as the previous article, I want to mention one other way for a more immediate profit. In the previous article, my profit was a long term one and wanted a lot of patience and time.
The following way might do the job in a few days with a good profit. The way is by recycling currency. It is something that many old players involved with MM do a lot.
The first and crucial detail is to find countries that have frequent contact with each other, so there is a need among the players for a transaction or for travel. So if a player has no gold or does not want to spend the gold to get foreign currency, will necessarily need to convert his local currency into foreign.
For example, knowing that China and Indonesia (speaking hypothetically) have frequent contact with each other even if they are hostile countries, you can put into sale the currency of Indonesia. When the transaction is complete and have some CNY in your possession, put on sale the Chinese currency in order to get back Indonesian. With an average calculation, the profit, if you manage such sales (this involves constant monitoring of your bid in MM and low price compared to others) is about 10 to 20%. If now the circle of the currency is even bigger then we are talking for even greater profits. For example, one could sell Indonesian currency into Chinese, Chinese into Greek and Greek into Indonesian. If you are on a mood for further search you can continue the cycle until you get back to Indonesian. We are talking for a total profit of 30 to 50%