[TUTORIAL] How to Earn 1 Bitcoin in a Week - page 11.

everaja

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~ScapeGoat~

Quote from: Amadues on July 18, 2015, 01:47:57 PM

anyone can suggest one coin "profitable" (for the buyer not for the dev)…
I have see a lot of coin get ruin after ice…. I have lost just a bit of satoshi with this type of "advice"...

you can try YOVI , i see them as a long term value.
moreover try it on your own risk as there is nothing one can guarantee regarding any coin.

funtotry

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Ever wanted to run your own casino? PM me for info

Lol I bought in XRA too. Hopefully it goes up alot.
also have some money in EA.

BurgerKill

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Quote from: Amadues on July 18, 2015, 01:47:57 PM

anyone can suggest one coin "profitable" (for the buyer not for the dev)…
I have see a lot of coin get ruin after ice…. I have lost just a bit of satoshi with this type of "advice"...

XRA

Amadues

hero member

Activity: 924

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anyone can suggest one coin "profitable" (for the buyer not for the dev)…
I have see a lot of coin get ruin after ice…. I have lost just a bit of satoshi with this type of "advice"...

okae

legendary

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northern exposure

well the tutorial is not so bad and he already sayd that this will not always work, thats true, so for ppl who want to know another way to learn BTC is not a bad info. Gj with it man.

but from my point of view you can be more simply, just buy low and sell hight Tongue

, thats why i didnt agree with you about buy only alt coins under 100 sat etc etc, since this can be done with all coins, but i understand why you sayd that, as i sayd for ppl who is starting in this world is a pretty good tutorial.

tyz

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This does not convince me. I have got a lot of experience trading altcoins and I can name you dozens of coins under 100 sats which have minimum movements since weeks and months. Even if you spread your investments on 5-10 coins, it will not prevent you from much loss.
I guess you had got luck by choosing some good coins. But you can not derive a profitable trading strategy from it.

Quote from: GreenStox on July 17, 2015, 06:19:58 PM

Quote from: tyz on July 17, 2015, 05:08:49 PM

So, your trading theory is that every altcoin lower than 100 sats rises automatically within days? Roll Eyes

Usually it does, but only if there is some interest in that coin, i mean dont buy up all junk coins.

I edited the OP and put there to buy only coins with daily volume >0.1 btc

BurgerKill

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Just invested some BTC and bought one CGN ( just trying', it's expensive ) and 3000 XRA.

ikydesu

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Quote

3) Buy up altcoins below 100 satoshi, perhaps even below 200 satoshi (this is a bit riskier).

Criterias for altcoins: (only buy altcoins that match these criteria)

Price must be below 200 satoshi, preferably below 100 satoshi
The altcoins you choose must have atleast a daily volume of 0.1 BTC, if it has less than that , dont even consider it, thats a dead coin!
The altcoin should have a current coin supply (money supply) of less than 50 million coins https://yobit.net/en/coinsinfo/
The altcoin should have a market cap below 10,000$ or bitcoin equivalent, you can see this here: http://coinmarketcap.com
or calculate by this formula: MARKET CAP = BID * COIN SUPPLY (in BTC)

Ex: https://yobit.net/en/trade/MTLMC3/BTC costs now 38 satoshi (by the time you read this it might be more) , so with your 0.005 BTC you can buy 13100 of it.

But don't just buy 1 altcoin, because it might be a bit risky, diversify and buy at least 3 of it, spread your funds between more than 1 altcoin.

Interesting method! I will try it, although it need high risk to earn profit. But you have any recommend altcoin? I think MTLMC3 is not really promising.

everaja

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~ScapeGoat~

I am New to altcoins , but i can say this thread made me to jump and buy some Yovi coins , i went to chat on yobit and asked which coin is promising and they started laughing and said dont take help from any guy here probably they will say the coin that they hold or they are promoting...
I wanna ask OP are you promoting MTLMC3 altcoin , or you just took it as a example imoreover it has been 24 hours now and i dont see any hike in its prices...
Grin

favdesu

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altcoins are far too risky for a newbie to jump on. Just sounds like a high yield investment program and the risks are too high.

pooya87

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this is what i think:

is it possible to earn 1BTC every week through trading altcoin?
YES

is there anyone really making that much?
YES, and there are people who are making way more than that every week

can i do it too?
YES

is it possible to do it like what OP says?
you probably would lose more money than you can earn every week from trading if you are just buying a low price coin in the hope that it goes up! even if it has the daily volume that OP is mentioning.

@GreenStox
with all this said, i am very interested to see your history of buying altcoins at <100 and selling them for 1215% returns. with some pictures.

clipman77

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I think it is worth to try, will come with time experience in trading, but the system works.

subSTRATA

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:^)

Quote from: Amph on July 18, 2015, 04:18:03 AM

Quote from: subSTRATA on July 18, 2015, 02:19:58 AM

Quote from: Amph on July 18, 2015, 01:52:53 AM

if this was actually working everyone would be rich at this point, it's always like that, it's based on luck

if you really want to go with altcoin, you can try instamining with one gpu or try the route of pos coins, which are real free money

not completely free; theres still the electricity cost of mining those pos coins and the value of time invested into mining. but still i agree, thats likely a better way compared to this "tutorial," should those pos coins you mine rise in value you should more more if you started mining in the first moments of the coin's release.

actually minting work even if you don't run your client all day, but just synch it one time at day like with your normal bitcoin client

i DL'ed many pos coins in the past and it always worked in this way, so you are wasting the normal electricity of your computer, which would be wasted anyway for other activity tht you do

i dont exactly have a rig setup to do that, but i trust your words enough to think that it might be worth a shot, maybe sometime in the future.

ABCbits

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Crypto Swap Exchange

OP said that this tutorial isn't gambling, but trading altcoin itself could be called gambling since altcoin price is very volatile.
Also, finding altcoin which meet your criteria is quite difficult & sometimes the price won't raise up again.

P.S : This is good tutorial, but it could be better if OP give more warning about how risky is trading altcoin

Amph

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Quote from: subSTRATA on July 18, 2015, 02:19:58 AM

Quote from: Amph on July 18, 2015, 01:52:53 AM

if this was actually working everyone would be rich at this point, it's always like that, it's based on luck

if you really want to go with altcoin, you can try instamining with one gpu or try the route of pos coins, which are real free money

not completely free; theres still the electricity cost of mining those pos coins and the value of time invested into mining. but still i agree, thats likely a better way compared to this "tutorial," should those pos coins you mine rise in value you should more more if you started mining in the first moments of the coin's release.

actually minting work even if you don't run your client all day, but just synch it one time at day like with your normal bitcoin client

i DL'ed many pos coins in the past and it always worked in this way, so you are wasting the normal electricity of your computer, which would be wasted anyway for other activity that you do

notlist3d

legendary

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One thing no one mentioned is OP most likely is holding some off these coins, and he pointed you to his exchange. So it's trying to bring traffic that would make his investment more valuable. Make a title hoping new people will invest.

He does not mention any other alt coins.... just one... on the exchange he uses no doubt... makes you think.

If you listened to his first version and borrowed money, now this alt is over neg 20 percent down. What do you do on loan now that money is lost?

NotSoBad

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Activity: 89

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Quote from: ?? on ??

I think for trading tutorial will not be that easy like that,Alt-coin with price 100sat its not easy to touch 400 or 500sat.

If trading easy like that I sure many people can reach just trading.

I agree,

and another problem is 'size of market'

Kasawari

sr. member

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sounds complicated for a newbie
but its a good guide and i'll bookmark this thread

subSTRATA

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:^)

Quote from: Amph on July 18, 2015, 01:52:53 AM

if this was actually working everyone would be rich at this point, it's always like that, it's based on luck

if you really want to go with altcoin, you can try instamining with one gpu or try the route of pos coins, which are real free money

not completely free; theres still the electricity cost of mining those pos coins and the value of time invested into mining. but still i agree, thats likely a better way compared to this "tutorial," should those pos coins you mine rise in value you should more more if you started mining in the first moments of the coin's release.

Rmcdermott927

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Arbitrage is very hard to accomplish as an individual these days as almost every major exchange uses arbitrage bots. Very rarely will you be able to pick it up in time, not to mention you have to wait for your initial coins to confirm unless you have a balance available already.

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