Bitcoin

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TheUltraBlogger

TheUltraBlogger

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From my country I am getting much higher price of bitcoin while exchanging to local currency.

For example, where 1 BTC = $2249 today but I am getting $2736 to my bank after exchange.

How to get benefit with it?

Please give me some idea. I am very new into bitcoin field.
 
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Problem is I have not that so much money to invest. So, where I can get some? Of course, not for free but exchange of work. Also, should I ask to USA friend to send bitcoins and back them with better value?
KraftyKyle said:
Uhhhhh... you should buy more bitcoins?
Click to expand...
 
That's a 21% spread. If you can do this 4 to 5 times, you'll double your money.

If you manage to get a few thousand dollars to do this repeatedly you might have a goldmine there.
 
bartosimpsonio said:
That's a 21% spread. If you can do this 4 to 5 times, you'll double your money.

If you manage to get a few thousand dollars to do this repeatedly you might have a goldmine there.
Click to expand...

Only If I manage to get that huge money. :) Wish someone there to help me. I will share 50% of revenue. But, of course, no one will trust me in this case.
 
TheUltraBlogger said:
Only If I manage to get that huge money. :) Wish someone there to help me. I will share 50% of revenue. But, of course, no one will trust me in this case.
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And it is not something that BHW would allow as a JV or service.
 
TheUltraBlogger said:
Only If I manage to get that huge money. :) Wish someone there to help me. I will share 50% of revenue. But, of course, no one will trust me in this case.
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Why not? Set up a proper JV and see how it goes. At 20% spread you can make big money fast.

EDIT: I just saw BTB's post saying this is not allowed as JV. Oooops my bad.
 
Go to your bank and ask for a loan, show them your notes on the above and I am sure they will lend you the monies.
 
bartosimpsonio said:
Why not? Set up a proper JV and see how it goes. At 20% spread you can make big money fast.

EDIT: I just saw BTB's post saying this is not allowed as JV. Oooops my bad.
Click to expand...

JVs that require an investment are not permitted... when I first started Modding I allowed one that someone pointed out to me was an investment opportunity so I learned my lesson early on.
 
BassTrackerBoats said:
JVs that require an investment are not permitted... when I first started Modding I allowed one that someone pointed out to me was an investment opportunity so I learned my lesson early on.
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Understood. Didn't think about it before I posted :p

TheUltraBlogger said:
What both of you talking? What is JV?o_O
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Jack Valentine, he's well known investor.
 
TheUltraBlogger said:
Can you say something more simpler? I am really new into this.
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Search the forum mate, you'll find tons of ideas where you can make $ off your special finding there. You can make decent money with this if you take it seriously.
 
TheUltraBlogger said:
From my country I am getting much higher price of bitcoin while exchanging to local currency.

For example, where 1 BTC = $2249 today but I am getting $2736 to my bank after exchange.

How to get benefit with it?

Please give me some idea. I am very new into bitcoin field.
Click to expand...

Why don't you do it simple way.

  • So when you withdraw BTC you get ~$2700?
  • Then you buy again 1 BTC at $2250
  • Then you withdraw at $2700 and then there is ~$450 profit for each transaction?
Or I'm missing something here?

Repeat as long as it works. :D
 
You Saw Bill Gates Video He is interested In Bitcoins And Big Fish So He Will Move markets Dump & Pump
Also Japan Legalized Bitcoin
JP MORGAN ACCEPT ALTCOINS NOW
SO ARE JAPANESE AND MORE PEOPLE INTERESTED MORE NOW
IT CAN DROP 1000% IF BILL GATES BUY A BILLION DOLLARS AND DUMP
DONT WASTE MONEY AND BE ON SAFER SIDE
 
same in India. but I am trying to find a way to purchase BTC from indian bank account
 
littlewebdragon said:
Why don't you do it simple way.

  • So when you withdraw BTC you get ~$2700?
  • Then you buy again 1 BTC at $2250
  • Then you withdraw at $2700 and then there is ~$450 profit for each transaction?
Or I'm missing something here?

Repeat as long as it works. :D
Click to expand...
Exactly what I think just I think like :

buy 2250 - get 2700 - buy 2700 get 3000 buy 3000 get 3400 and so on.. sure if you see that it works more then one time ;D
and its risky that one time they will do old price and you will loose something
 
littlewebdragon said:
Why don't you do it simple way.

  • So when you withdraw BTC you get ~$2700?
  • Then you buy again 1 BTC at $2250
  • Then you withdraw at $2700 and then there is ~$450 profit for each transaction?
Or I'm missing something here?

Repeat as long as it works. :D
Click to expand...
Problem is we can't buy it with low value from our country.
 
This is why i keep telling people save for a rainy day ....

50k will earn you 100k afther 4 times repeated ...

Your get 12.5k in profit in every shot
No inverment better then this ......

Btc hot to earn

Take action before it stops
 
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