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Making Money With Bitcoin 4 Bitcoin Noobs

Discussion in 'CryptoCurrency' started by The Doctor, May 25, 2017.

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  1. davids355

    davids355 Moderator-In-Training Jr. VIP

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    Very nice idea :) gonna give it a try.
     
  2. Peculate

    Peculate Newbie

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    How much money should one start with at minimum?
     
  3. The Doctor

    The Doctor Jr. VIP Jr. VIP

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    That's entirely up to you. I would say as much as you can spare. That or start out with $100 just as a test to make sure it's something you want to do. Then, you can do larger amounts. I'm currently in the process of making a program to automate this.
     
  4. The Doctor

    The Doctor Jr. VIP Jr. VIP

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  5. joeychips14

    joeychips14 Jr. VIP Jr. VIP

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    Hey mate a man going to be joining you on this journey.

    Was curious what exchange you use at the moment. I usually use Coinbase but fees would kill profit lol. I am usa based myself.

    Also what profit do you shoot for per day? Because selling 1 btc would be so easy to make 100$!
     
  6. Veranos31

    Veranos31 Newbie

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    Great thread, really appreciate you sharing this!
    My one question is regarding Paypal. How do you not get screwed?
    Wherever I see any talk of selling bitcoins for Paypal all I hear it's too risky, due to chargebacks/refunds.
    Do you take any extra precautions (accept vetting the buyer as best you can)?
    Ever had any bad experiences?
    Cheers dude
     
  7. Blazer Codes

    Blazer Codes Newbie

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    How sure are you Sir, in how many months or you really mean years!!!..
     
  8. back2basics

    back2basics Power Member

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    I'm sure paypal scams probably run rampant in this, so just like all crypto in general, don't gamble with more than you can afford to. If you really believe some clown is going to buy btc at a 200% markup you're going to have a bad time.
     
  9. alien88

    alien88 Newbie

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    I wonder how i sell my 1bitcoin to my friend if he want to buy 1bitcoin. How much price do i give and how could i profit?
     
  10. FA925

    FA925 Power Member

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    He said 5 - 25% not 200.
     
  11. Goldbergmgmt

    Goldbergmgmt Newbie

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    I want to understand your method, but whenever I look in Paxful the sell price is always less than I paid, or even the current price of btc.... what am I missing here ? Can you coach me on this, wanna give it a shot... [email protected]
     
  12. Goldbergmgmt

    Goldbergmgmt Newbie

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    Were you able to make the program ?
     
  13. Mr Spectre

    Mr Spectre Regular Member

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    But.... your post is irrelevant to this thread. It does not make any sense to post this here?