Topic: How to make a profit selling BTC? - page 3. (Read 4152 times)
Short it
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'll be able to have the highest markups for resale via Localbitcoins. Otherwise, you could turn around and sell it through here or other online venues.
You would have to be pushing a lot of BTC to make an income though.
Buy all the bitcoin in existence so you set the price and nobody can tank the markets constantly.
Checkout what others are selling at eBay and compete...I think you got better rate than most out there.
Sell it Bitstamp +5% at Localbitcoins using non-reversible payment methods (western union, moneygram, cash deposits in your bank, etc...)
Nothing is non-reversible when it comes to fiat. It's only a matter of how difficult.
I'm able to buy btc for bitstamp minus 2 percent locally in Toronto. How can I make a decent income by selling btc?
Sell it Bitstamp +5% at Localbitcoins using non-reversible payment methods (western union, moneygram, cash deposits in your bank, etc...)
This, except sell for bitstamp +20%, you make a lot more money that way.
Don't undercut the competition too hard, it hurts everyone.
You will have to learn everything else on your own but this is the way to do it.
Just buy for less than the price on the market and sell for higher, you'll make profit from the difference.
You will have to find some sites (neteller, skrill, ukash, etc) that people find hard to cashout and buy with those... etc
You will have to find some sites (neteller, skrill, ukash, etc) that people find hard to cashout and buy with those... etc
I'm able to buy btc for bitstamp minus 2 percent locally in Toronto. How can I make a decent income by selling btc?
Sell it Bitstamp +5% at Localbitcoins using non-reversible payment methods (western union, moneygram, cash deposits in your bank, etc...)
I'm able to buy btc for bitstamp minus 2 percent locally in Toronto. How can I make a decent income by selling btc?
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