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Topic: [TUTORIAL] How to Earn 1 Bitcoin in a Week - page 7. (Read 94829 times)

legendary
Activity: 3472
Merit: 10611
Lol my investments that the OP kind of suggested did not work well.
I bought 2 coins, at twice the current volume, price rose a bunch, but there were a couple buy orders for only a couple satoshi, thats it. No one would buy my 100 satoshi sell order, even if it was the lowst one. Then people undercutted my sell orders, and still no one buying.
Screw altcoins lol

welcome to the scam market Cheesy

but seriously i both like and hate YOBIT at the same time. YOBIT , unlike any other exchangers , accepts any coin that is created and puts it in their market. a lot of them are scams others are just being mined and dumped everyday on the exchanger to buy walls that people like OP are putting up. this is true about any other place to some extent too but other exchangers like bittrex accept altcoins that has at least a minimum of people showing interest in it and if the daily volume drops it will be removed from there.

Yep.
I dont trust yobit anymore, maybe its the fact that I lost almost 0.1 btc trying to trade, but bittrex is just a better site. Higher volume, higher liquidity, and they choose coins to add.
Apparently EA had a trojan virus in it, but yobit still adds it to their site...

but it still has good opportunities too, that is why i said i both like and hate it Wink
the good part is, you can find altcoins that will be listed in major exchangers like bittrex / polo / cryptcy but they are in the process so their price is sometimes as low as 1-3 satoshis and soon after they are listed on those places the price is going to 30-1000 satoshi which makes it a great investment even if you can gather upto 0.1 BTC of them.
sr. member
Activity: 336
Merit: 250
not a good idea after all if gambling or somewhat like gambling is involve.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Lol my investments that the OP kind of suggested did not work well.
I bought 2 coins, at twice the current volume, price rose a bunch, but there were a couple buy orders for only a couple satoshi, thats it. No one would buy my 100 satoshi sell order, even if it was the lowst one. Then people undercutted my sell orders, and still no one buying.
Screw altcoins lol

welcome to the scam market Cheesy

but seriously i both like and hate YOBIT at the same time. YOBIT , unlike any other exchangers , accepts any coin that is created and puts it in their market. a lot of them are scams others are just being mined and dumped everyday on the exchanger to buy walls that people like OP are putting up. this is true about any other place to some extent too but other exchangers like bittrex accept altcoins that has at least a minimum of people showing interest in it and if the daily volume drops it will be removed from there.

Yep.
I dont trust yobit anymore, maybe its the fact that I lost almost 0.1 btc trying to trade, but bittrex is just a better site. Higher volume, higher liquidity, and they choose coins to add.
Apparently EA had a trojan virus in it, but yobit still adds it to their site...
legendary
Activity: 3472
Merit: 10611
Lol my investments that the OP kind of suggested did not work well.
I bought 2 coins, at twice the current volume, price rose a bunch, but there were a couple buy orders for only a couple satoshi, thats it. No one would buy my 100 satoshi sell order, even if it was the lowst one. Then people undercutted my sell orders, and still no one buying.
Screw altcoins lol

welcome to the scam market Cheesy

but seriously i both like and hate YOBIT at the same time. YOBIT , unlike any other exchangers , accepts any coin that is created and puts it in their market. a lot of them are scams others are just being mined and dumped everyday on the exchanger to buy walls that people like OP are putting up. this is true about any other place to some extent too but other exchangers like bittrex accept altcoins that has at least a minimum of people showing interest in it and if the daily volume drops it will be removed from there.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Lol my investments that the OP kind of suggested did not work well.
I bought 2 coins, at twice the current volume, price rose a bunch, but there were a couple buy orders for only a couple satoshi, thats it. No one would buy my 100 satoshi sell order, even if it was the lowst one. Then people undercutted my sell orders, and still no one buying.
Screw altcoins lol
legendary
Activity: 1456
Merit: 1000
Op, I dont get it.. arent you contradicting yourself when you say no gamble?

But the method shown is gambling.. Huh

Original version was even worse.  Yes this is gambling throwing money at alts with no research. 

Original version he suggested taking a loan and investing.   So .... no not a good method at all.
sr. member
Activity: 434
Merit: 250
Op, I dont get it.. arent you contradicting yourself when you say no gamble?

But the method shown is gambling.. Huh
hero member
Activity: 854
Merit: 1000
You are misleading people to bad methods with your advises

nobody should follow this rules cause it is an almost sure way to lose the money
legendary
Activity: 1456
Merit: 1002
If you win 99% of the time, to make 1 btc per week its because you know something most people dont.

Or you just have a way of get away with cheating if you know how to buy and sell. But, your method shouldnt be recommend esp when new faces come into bitcoin buying into it is hard already enough.
legendary
Activity: 1078
Merit: 1011
~~~
Coin A:  30 sat * 2000 = 60,000 sat (loss of 40,000 sat)
Coin B:  10 sat * 2000 = 20,000 sat (loss of 80,000 sat)
Coin C   160 sat * 2000 = 320,000 sat (gain of 220,000 sat)
Coin D   60 sat * 2000 = 120,000 sat (gain of 20,000 sat)
Coin E   20 sat * 2000 = 40,000 sat (loss of 60,000 sat)

~~~
a net profit of 60,000 satoshis, or a little better than 10% gain of the original investment.
~~~~

I think the big drawback to this is it is limited to how big of gains you can make. The next month you simply can't pluck sown 1 BTC into a coin that was averaging only a .1 BTC daily volume and expect others to buy it up. You would need to spread the coin around quite a bit and after a point you will run out of candidate coins to invest in. So going from 1 BTC, to 2, 4, 8, 16, etc and expecting to be a millionaire will be highly improbable, but I could see someone starting out and playing around a bit could earn 1 BTC a month doing this. Of course, as others catch on this will also cut into the profits somewhat.



two very good points indeed . i could not put it better

the important part of the method in the OP is that it is a "Gambling" not trading method. you can simply lose a lot of bitcoin and not earn anything back from your other trades. and also it is worth mentioning that when a coin's price is this low (e.g. 30) if it goes 10 satoshi down it means a lot more percentage loss in comparison with a high price coin (e.g. 10000).

Agreed, the strategy is basically gambling in the sense that your are blindly betting that a few of your picks will outweigh the loss of the losing bets.

Also, the point about scaling cannot be emphasized enough for people wanting to try this out. It works only because of the low interest and volume in these coins. Once you start wanting to double 1, 10, or 100's of BTC, this is no longer valid as you will have people playing against you who will take all your money.

The big whales and sharks of the ocean do not notice little minnows swimming by so much picking up crumbs, but once a fish becomes big and fat enough and looking like a juicy target, look out.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
i bought some TAGR because its price was so low today it was in one digits, which means it is going to be pure profit. gonna keep it for a while.
legendary
Activity: 1946
Merit: 1137
This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

But OP didn't say anything about this.. I hope there are no newbies that believed this.

The most irresponsible was if anyone new listened to his first advice taking out a loan to invest in altcoins.  He admit admitted he could have been wrong, no full admit of being wrong.

I am surprised how many pages it is on at this point.  Did not expect that, the title worked.

it is not like that , but when somebody sees these numbers and checks them on yobit . and it is their first time trading or seeing an exchanger for that matter it becomes easy for them to believe and invest in the hope to earn 1BTC in a week.

but in fact this is not something that can happen when you are simply just gambling on different coins.
legendary
Activity: 1764
Merit: 1000
following the guide and going to buy NEBU,
hope will have some profit after few days Cheesy

I don't want to manipulate with you, but I think that NEBU is scam. What I know is that NEBU' biggest buyer is it's dev and he's trying to get it's price up to make the biggest profit just for him. You can try XRA and never trust anyone in the chat, they will probably tell you to invest in the coin they have to get bigger profit and pump it up.

altcoin daytrading is far too risky in my opinion.

it's better to check out some altcoins with a bright future and invest and HODL - in my opinion.

the only altcoins I buy are BTS & NXT (ETH may be the 3rd soon)
hero member
Activity: 518
Merit: 500
following the guide and going to buy NEBU,
hope will have some profit after few days Cheesy

I don't want to manipulate with you, but I think that NEBU is scam. What I know is that NEBU' biggest buyer is it's dev and he's trying to get it's price up to make the biggest profit just for him. You can try XRA and never trust anyone in the chat, they will probably tell you to invest in the coin they have to get bigger profit and pump it up.
newbie
Activity: 42
Merit: 0
following the guide and going to buy NEBU,
hope will have some profit after few days Cheesy
legendary
Activity: 1456
Merit: 1000
This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

Making 0.005 bitcoins grow up to 1 btc in just a week is very, very improbable. If it's within 3 weeks or a month, then I'd say it is possible, but still a hard feat to achieve. If ever OP pull this off within a week, I'd say he's a very lucky dude. There are no definite strategies in trading altcoins afaik because the market is ever-changing.

This is why OP only showed a profit of around .17 BTC.  He never showed anywhere near 1 btc.

But enough of my rant for the day everyone make up your own decision.
legendary
Activity: 3542
Merit: 1352
This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

Making 0.005 bitcoins grow up to 1 btc in just a week is very, very improbable. If it's within 3 weeks or a month, then I'd say it is possible, but still a hard feat to achieve. If ever OP pull this off within a week, I'd say he's a very lucky dude. There are no definite strategies in trading altcoins afaik because the market is ever-changing.
hero member
Activity: 518
Merit: 500
This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

But OP didn't say anything about this.. I hope there are no newbies that believed this.

The most irresponsible was if anyone new listened to his first advice taking out a loan to invest in altcoins.  He admit admitted he could have been wrong, no full admit of being wrong.

I am surprised how many pages it is on at this point.  Did not expect that, the title worked.

It's normal.. if there's a title "how to earn 10 BTC daily", everybody would click on it.. OP should change the title :/
legendary
Activity: 1456
Merit: 1000
This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

But OP didn't say anything about this.. I hope there are no newbies that believed this.

The most irresponsible was if anyone new listened to his first advice taking out a loan to invest in altcoins.  He admit admitted he could have been wrong, no full admit of being wrong.

I am surprised how many pages it is on at this point.  Did not expect that, the title worked.
hero member
Activity: 518
Merit: 500
This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

But OP didn't say anything about this.. I hope there are no newbies that believed this.
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