Yes, but it's not as simple as you think. It can work for a while, then if it drops by 5/10/15% you will have lost time, all your profits and money too.

BitTorrent is always varying from 0.00000114 to 0.00000115, which is almost 1%, if I buy when it is 0...114 and sell when it is 0...115 can I get a return of 1% of what I invested?