Where can I buy cheap BTC and sell slightly higher

Hello family please where can I buy bitcoin cheap and sell to make profit

Called arbitrage.. no one is going to tell you how to do it because you have resources like CoinMarketCap.com that show you the price of every crypto on every exchange, so it's ultimate spoon feeding.

Note though that there are two critically important considerations (plus about 100 that are still important too):

1. Trading fees and exchange fees often cancel out the profit you think you're going to get.
2. The time to transfer crypto from one place to another leads to risk of your profit turning to losing during transit.

Also, check out Bithumb. Korean trading platform, renowned for two things.. 1) having higher rates than other places, 2) randomly closing accounts and stealing crypto (happened to me for about $600 until I shamed the fuck out of them on BCT and they reached out to me to pay me the money back).

Anyway, the point is that arbitrages is HARD because you're in direct competition with fucking hundreds of hardcore multi-million dollar enterprises and hedge funds that will eat your lunch 60 times before you try to click your mouse button.

If you're interested in how people really do arbitrage right, look up "triangular arbitrage" - that's where you can still make some good money if you're a post-grad level computer science major who has been coding in C++ for 3 years or more.

I also thought that one can do this with difference rates in exchanges.

krishnaverma said:

I also thought that one can do this with difference rates in exchanges.

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In theory you can, but you have to be crazy fast. That's why you rely on code.

coolqayy said:

Hello family please where can I buy bitcoin cheap and sell to make profit

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Buy when price is low, sell when relatively high.

Yes, I saw a guide where buying from Link to sell at Remitano. It was about $500 profit experiment with 1BTC.

Let me know if you need the YouTube video link.

JackFruit said:

Buy when price is low, sell when relatively high.

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Wait a minute, maybe you are right. Maybe he doesn't want to do this constantly and instantly. Maybe he doesn't want to be an intermediate.

For normal trading, you can use any major exchange: Binance, Bittrex, Bitfinex, Kraken, Coinbase

Do you want to risk 10k for 500$ profit. Do u know what are the charges Remitano got?

you need to go and buy with paxful or binance.

'This is a very risky business model. Bitcoins value now is very unpredictable nowadays.

Isuamfon said:

Yes, I saw a guide where buying from Link to sell at Remitano. It was about $500 profit experiment with 1BTC.

Let me know if you need the YouTube video link.

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yes thanks

xiyox said:

you need to go and buy with paxful or binance.

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This is the real arbitrage ticket. Local or cash deals often carry a straight 1-5% margin over spot price. Maybe more or less depending on the exact method (gift card, etc.) So if you buy on these websites at below market value, you can instantly flip to an exchange for some profit. It could require a lot of effort though and you may end up losing profits with transaction fees, especially as mempools pile up in times of high volume trading.

VSYNC said:

If you're interested in how people really do arbitrage right, look up "triangular arbitrage" - that's where you can still make some good money if you're a post-grad level computer science major who has been coding in C++ for 3 years or more.

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I am not sure you need some massive education in development to do this stuff. Plenty of kind folks have put together tools to analyze or execute entire arbitrage strategies and it's available on Github for free.

https://github.com/kemargrant/c4dhttps://github.com/bmino/binance-triangle-arbitrage

VSYNC said:

BCT

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what does BCT mean, please?

in exchanges like Bittrex, Binance
you buy BTC, then once the price increased you sell for profit

Your probably finding method to get scammed.

It is better if you start locally
buy from your local IMer and sell them who need them.

coolqayy said:

Hello family please where can I buy bitcoin cheap and sell to make profit

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There are more interesting ways. For example pool of liquidity. Were you staking your crypto and achieve around 10% per day for it.

That is a very complicated thing to do, if you it the question like that, you have to study a lot, and you need a lot of budget for this, organization and time.

Try Binance.