That's right. We've all seen how volatile the bitcoin market can be. And while longer-term gains can sometimes be a crapshoot - will it be up 50% or down 50% next month? Who knows! - and mining is too slow and too risky nowadays, it turns out that it's almost criminally easy to get small, quick gains over and over for long-term profit.
A bit about me. I heard about bitcoins years ago, but never really though to get into them until last March/April, when the first "big" bubble to $250/BTC burst and all the news outlets were talking about this strange new virtual currency.
While I was too unfamiliar with BTC to want to invest long term, I did watch several trading floors for a few days, and I noticed one thing that consistently happened: the price per BTC wavered around an invterval of anywhere from 5 to 20 percent back and forth all day. I figured, hey, if I could grab coins at $90, sell them at $93, then buy again at $90 and repeat over and over again all day, I could make a handsome profit. Doing that once gets you about 2% after commissions. Doing it 10 times a day for a week gets you more than double your investment.
Here's what my account looked like on my first day with CampBX, the main platform I use now:
https://i.imgur.com/7cLUvuY.png$200 even, ready to trade. Here's what it was at the end of that first day:
https://i.imgur.com/WURMOAq.pngBig deal, right? I made $24 bucks for a full day of work. But look at it percent-wise: $24 from a $200 investment. That's just over 10% - and in just one day. If I kept that pattern going, I figured, I could be rich by the summer.
You're not gonna get that kind of ROI from any stock, bond, or even other currency trading out there.
So I began day-trading. Grabbing those tiny gains multiple times day, being patient and steadfast. Sure, I made some mistakes. Okay, a lot of mistakes. But I learned. I learned how to spot the difference between the price falling back to its "normal", and the price falling to a new record low; I figured out how to tell when the price was going up just a few dollars or if it was the beginning of a new climb. I developed rules, like "never leave open buy orders when leaving for long periods of time" or deciding on how much I'd let it fall before I cut my losses. I developed a method.
I was having a pretty good success with it, but one day I was out to lunch with some of my co-workers who had also started to pay attention to Bitcoin around the same time, and they were talking about how they'd lost a bunch of money in the most recent downturn and how it was impossible to make money trading BTC. I told them I'd been able to get a good handle on it, and I offered to day-trade their coins in exchange for a small cut of the profits, just like any stock broker. They were hesitant until I showed them my account and trade history, then they were all for it. My method worked, and we're all a little richer now because of it. And I thought, hey, if I could do it for them - why couldn't I do it for everybody?
And as mentioned, I've refined my day-trading methods over the 9-ish months I've been doing it to where I now can guarantee a 10% gain in a week's worth of trading. So what am I offering you?
It's simple: You send me BTC, I day-trade with them, and you get them back plus 10% in a week. There are three ways I can invest your coins:
1) Short Term. You give me BTC, I give you BTC +10% in a week. Simple, quick, no-nonsense. This method is best for anyone who wants to test my abilities with a small amount before sending a bigger amount. Seriously, try it out with as little as .01 BTC. You'll get .011 back exactly a week later and you'll wonder why you ever doubted me.
2) Recurring. You send me a principle amount, I send you the 10% gain each week until you feel satisfied, then I send the principle back. Good for medium-sized investments, and for those who want a regular paycheck without having to worry or think about it.
3) Long Term. You send me the principle BTC and specify a timetable (1 month, 6 months, etc.); I go to work and give you the entire account back at the end of the period. The advantage with this method is that the 10% per week is compounding rather than simple: say for example you send me 1.0 BTC to invest for a month. The first week I get you 10% of 1.0, for a total of 1.1 BTC. The second week, I get you 10% of 1.1, for a total of 1.21 BTC - which is actually 11% of 1.0, the initial investment. The longer you invest, the more percentage per week you'll accrue.
By the way, doing Long Term for a year turns 1.0 BTC into 142 BTC. Just throwing that out there.
So, what's the catch, I hear you say? What's in it for me? Well it's like I said, you get 10% a week - but if I happen to earn more than that, I keep the rest. So if you send me 10 BTC and I have a good week and end up with 12 BTC, you get 11 BTC and I get 1. Good for you, good for me. Everybody wins!
The other side of this, though, is that it's guaranteed. I am so sure of my abilities at this point that if I for some reason come up short one week, I WILL COVER THE REMAINDER WITH MY OWN MONEY. You will always get 10%. No matter what. Every week. 10%. Period.
One more thing, I will only trade in BTC. You send me coins, I send you coins. I will not transfer USD or any other fiat currency.
So, if you're interested, send me an email at mark.moore1138[at]gmail.com, and we'll discuss the particulars. I don't have an exchange or a website set up cause I'm not a company or a business, I'm just a guy, hoping to make us both some money.
Peace.