Buying the biggest crypto XRP/BTC/ETH/LTC still profitable?

Discussion in 'CryptoCurrency' started by Theseolover, Jan 7, 2018.

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  1. Theseolover

    Theseolover BANNED BANNED

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    Hi guys!
    I want to know if buying ripple, bitcoin... and popular currencies can be profitable?
    Cause I want to start trading in eToro (it's the only platform that accept PayPal/visa and it's very easy to use) and there are just the popular currency avalaible (i.e: BTC/XRP/LTC...)
    So I want to know if that can be profitable?
    I also want to do instant trade buy/sell of that currencies to make some extra profit so I'm not looking just for long term investment...
    It can be profitable? Did u think BTC/XRP... can reach the moon? As mcafe say that BTC will reach 1M$ in 2020... did u agree?
     
  2. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    Not possible to 1 million by 2020 and why do you care if you are are not interested for long term ? For short term, you can make some profit.
     
  3. Theseolover

    Theseolover BANNED BANNED

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    The problem it's when BTC make move for example from 15K to 16K it wont be a big avg of profit.
    It's selling/buying that currencies everyday and stay at the platform to see what happening can get a big profit?
    1000% for example? :)
     
  4. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    If you make $1000 a day on investment of $15000 it should be more than enough. Be realistic. It is already at such a high price. If you want 1000% profit, expect a miracle like BTC with alternative coin.
     
  5. Theseolover

    Theseolover BANNED BANNED

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    I can't invest 15K so this is why I'm looking for a 1000% profit, I really want to start trading with small currencies to have a chance to be a future millionaire but I can't register to some trading platform such as binance... closed registration..
     
  6. fly84

    fly84 Registered Member

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    Yep I agree to this.

    But dont just look at BTC.

    So many coins available at the market right now which you can make money from.

    For example one coin was $0.0003 month ago which is now $0.0014. So that is like 450% increase in a month's time

    If you "risk" $15000 on that coin, you have a really good payout now.

    Dont just go for BTC. Buy other coins instead.
     
  7. Theseolover

    Theseolover BANNED BANNED

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    I understand, but still don't know where to trade, I'm familiar with eToro but they don't offer that much of coins I want.
    I'm looking for other platforms.
     
  8. fly84

    fly84 Registered Member

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    Haven't heard of eToro but others suggest Bittrex and Binance.

    I live in Australia and i only use Coinspot at the moment. I will join those two platforms that i mentioned once they can accept new registrations because at the moment they can not.
     
    Last edited: Jan 7, 2018
  9. Theseolover

    Theseolover BANNED BANNED

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    Coinspot work well? They accept paypal?
     
  10. fly84

    fly84 Registered Member

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    They have a 3% fee. I dont know if that is good or bad.

    If you have a huge capital, i am talking about thousands here and coins perform well then you really wouldnt mind the fees imo. But still the lower the fee the better.

    No paypal. It accepts bank transfer, bpay and poli payments.
     
  11. prodaters

    prodaters Newbie

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    There is still $ to be made in larger cap coins but better to find good low cap coins if you are looking to make exponential gains.
     
  12. johnrx

    johnrx BANNED BANNED Jr. VIP

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    Any thoughts on Electroneum? I was trying to get into them when they where an ICO but they hit hardcap before I could get in.

    Also... Send 20$ BTC to a friend of mine and the fees hit me hard, wtf... That was such BS
     
  13. BrazenBull

    BrazenBull Junior Member

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    For a 1000% profit, you need to work your ass off for at least two months straight by day trading crypto and not even stop to take a breath. I have done it before, I got to a point where my gf threatened leaving me... but then she saw my bank account o_O

    And ofc, you need to have a considerable amount to start. There is no way you can get money out of thin air
     
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  14. ruby803

    ruby803 Registered Member

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    In short time it still profitable
     
  15. life2ifeless

    life2ifeless Jr. VIP Jr. VIP

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    buy tokens at ico.
    Pick up as many types as you can.

    Wait for tokens to be listed, in mean time you can buy some cheap low cap tokens in exchanges to flip.

    Once tokens listed on exchanges, sell and profit.
     
  16. MisterF

    MisterF Moderator Staff Member Moderator Jr. VIP

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    Should this not be in Crypto section ?
     
  17. wh0tever

    wh0tever Newbie

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    Keep in mind that you are buying just CFD`s on etoro, not the actuall coin!
    So I advise you to buy on a exchange, if you want to trade the coin.
    Keep in mind that this is no free money game, 1000% ROI is possible, but it´s a jungle out there,
    you could get burned badly...
     
  18. BigManTing

    BigManTing Junior Member

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    You'll have to find something at the ICO stage for the real crazy gains, it's more than possible, i've done it a few times now and I continue to do so however it also carries out the biggest risk if it turns out to be a scam, this is why research is key, check the credentials of the team members, the actual project will also obviously need to be some great/amazing, i'd recommend using coinschedule . com or icobench my two favourite now!

    Good luck my man!