Topic: How to make a profit selling BTC? - page 2. (Read 4178 times)
The main strategy is Buy low sell high. That is the main strategy that you can use , but there are some strategies that make you have a big profit in selling btc like If you sell a btc and your target price is 200$=1 btc (example) then make your selling price to 220$ so that if they make a bid or they want a discount you can make it 210$ OR 200$ . Now you have your target price and then if they not make a bid or discount you have a 20$ profit.
Buy all the bitcoin in existence so you set the price and nobody can tank the markets constantly.
I'm waiting for a government to do just that. It will happen. The first tycoon figure that out will control the price
Buying all the bitcoins in existence would definitely be pointless, because seeing that all the bitcoins are owned by only one entity, people wouldn't look for it and state a value of their liking for them to buy one, even if it's only a dollar. In short, bitcoin would lose its value if it's bought by a single entity. That would be a dumb move to make if you might ask me.
The localbitcoins method is a great way to earn bitcoin on a regular basis guarenteed. Like me, after waiting 30 days after my first purchase with a verified credit card at coinbase, I have a 1,000 instant buy weekly limit which is plenty, because if you buy $50 worth, it doesnt take 7 days to go back to 1000, it grows back up...I think it's about $2 per hour...
I use a netspend card, and sell bitcoins for the netspend reload packs, or netspend flashpay, i dont ask for receipts or pictures, because I always turn the money RIGHT back into bitcoin..Ive never had a chargeback using this method. Over 1,000 trades.
Good luck!
I use a netspend card, and sell bitcoins for the netspend reload packs, or netspend flashpay, i dont ask for receipts or pictures, because I always turn the money RIGHT back into bitcoin..Ive never had a chargeback using this method. Over 1,000 trades.
Good luck!
Buy all the bitcoin in existence so you set the price and nobody can tank the markets constantly.
I'm waiting for a government to do just that. It will happen. The first tycoon figure that out will control the price
Don't listen to anyone, that's how you loose.
Buy low - Sell high the common strategy for traders
So isn't it good strategy to keep checking btc price and once it goes very high, immediately sell it? Then wait for price to drop, then buy it. Then wait for price to up then sell it again vice versa? Of course it can keep going down but im curious if lot of ppl do this and if so, is there a way where you dont have to pay a 1 percent fee each time buying and selling since that eats up a lot of your profit assuming you keep buy/sell a lot such as every few days? What about those ppl that buy/sell a lot everyday etc that has lots of bitcoin etc?this work only if the there are everytime big bubbles and then big crash, but this isn't the case, you see we are stuck there at 230-250...
many good traders rich in bitcoin can do good with shorting, so the fee for them isn't a problem
for example with the current price, who shorted at 250 and bought back at 230 would have gained 20, 1 % of fee is only 0.2....
Buy low - Sell high the common strategy for traders
I have question on this. Say you buy bitcoin at say $250. Let say you bought 20 of them so $5000 and you paid 1 percent fee to get it so $5050. So you look at bitcoin price and let say after 2 days it goes up to $270. Now you see you are up $20 per bitcoin and have 20 bitcoins so you are up $400 - $50 fee. But if you want to sell thse $5400 in bitcoin, it will cost you 1 percent thus $54 correct? Thus you would get $5346 in total. Then of course you paid $50 earlier when you bought it. So $5346-$50= $5296.
So basically in this situation, you make $296 in 2 days correct?
So isn't it good strategy to keep checking btc price and once it goes very high, immediately sell it? Then wait for price to drop, then buy it. Then wait for price to up then sell it again vice versa? Of course it can keep going down but im curious if lot of ppl do this and if so, is there a way where you dont have to pay a 1 percent fee each time buying and selling since that eats up a lot of your profit assuming you keep buy/sell a lot such as every few days? What about those ppl that buy/sell a lot everyday etc that has lots of bitcoin etc?
Buy low - Sell high the common strategy for traders
I have question on this. Say you buy bitcoin at say $250. Let say you bought 20 of them so $5000 and you paid 1 percent fee to get it so $5050. So you look at bitcoin price and let say after 2 days it goes up to $270. Now you see you are up $20 per bitcoin and have 20 bitcoins so you are up $400 - $50 fee. But if you want to sell thse $5400 in bitcoin, it will cost you 1 percent thus $54 correct? Thus you would get $5346 in total. Then of course you paid $50 earlier when you bought it. So $5346-$50= $5296.
So basically in this situation, you make $296 in 2 days correct?
So isn't it good strategy to keep checking btc price and once it goes very high, immediately sell it? Then wait for price to drop, then buy it. Then wait for price to up then sell it again vice versa? Of course it can keep going down but im curious if lot of ppl do this and if so, is there a way where you dont have to pay a 1 percent fee each time buying and selling since that eats up a lot of your profit assuming you keep buy/sell a lot such as every few days? What about those ppl that buy/sell a lot everyday etc that has lots of bitcoin etc?
Buy low - Sell high the common strategy for traders
Buy all the bitcoin in existence so you set the price and nobody can tank the markets constantly.
what a good strategy!
please if you are putting any post please specify and give us a better details on how your products works thanks
"How to make a profit selling BTC ? " . anyone want to ask it , but no one brave enough to answer
What is yellow pages option?
You can always try some yellow pages option but I do not recommend this. It s often not safe.
How to sell Bitcoins if i don't have them? If i wanna sell and then to buy when Bitcoin cost will fall down??
Just simply. buy low and sell high. or buy high but not payment or sell low but not delivery,....
I'm able to buy btc for bitstamp minus 2 percent locally in Toronto. How can I make a decent income by selling btc?
You don't know how to make a profit selling BTC with 210 activity here ?
I think you're pretending to scam others
sell over the counter or in person for 5-8% markup.
If you do $10,000 in volume you pocket ~$1,000
If you do $10,000 in volume you pocket ~$1,000
-2% s not enough to you to make money after selling at market price. You need to be able to sell it at least +5% to have it worth of your time. Maybe localbitcoins.
sell it to your local friends at current price +10%
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