Bitcoin Forum

Was wondering how people do this?

Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again.

Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit :)

The simplest form of trading "Buy low, sell high". If you use paypal, you will be more likely to lose funds.

buy low sell high isn't what i'm looking for. I know services like paypal add fees but if i could buy 1 BTC for €255 and sell it for €285 there's room enough for fees and still make a decent profit. The problem is i'm not sure whats the fastest and/or cheapest way.

buy btc on rate minus 1% and sell btc on rate +2% that way traders are earning atleast 2% of the principal amount they used on buying bitcoins.

needy people buy btc even @ a premium like if market price is xxx u can take 2  4 or even 5% :) what ever you like

Instead of buying low and selling high, there are other methods as well to earn profit while trading and reliable as well. You can offer more payment options while selling BTC like Perfect Money/Skrill and then sell the PM/Skrill for a higher amount of BTC/PayPal which earns you more profit. There are many buyers who offer 5% more while selling their Skrill funds for BTC and hence it's worth trying.

You can buy Bitcoin and arbitrage it on different exchanges - you buy it low, sell it high.

Your location is important as well and other factors.

Simple, "buy low and sell high" study BTC and start looking for the trends and drivers but most importantly have fun!

Definitely you can make a profit from buying and selling BTC however you should plan for long term vision. If you plan for short term then it becomes a gambling and in the end you may loose money in this trading.

You should be more concerned about Cash-back when dealing with Paypal then worry about their fees. You can do 100 successful trades and one cash-back can put you at loss from what you earned in all of them. Check out localbitcoins and see how others in your country are trading there, you'll have to learn it with trial and error, there's no way around it.

You can buy/sell locally on localbitcoins.com with a 10%~ premium either way. It may take a while to build up your reputation but once you have a decent rep you should see a steady flow of trades. People will be willing to buy Bitcoin at 10%/coin more, and sell at 10%/coin less, if you have good reputation.

Well you can buy bitcoins from exchange A  with price A1 and sell it to exchange B with the price of B2 and make a profit.

it is not easy as you say

Give some Examples of some exchanges with Large price differences that covers fees of exchange ........

you need a stack of bitcoins then sell to those who needs it immediately, specially to those who can't wait a minute to have bitcoins.
your usual customers are mostly gamblers who needs bitcoins but will pay you in other forms like paypal, payza, neteller...

buy cheap, sell high

i would try to determinate the bottom first or the value that would be valued as the best bottom, for now i think that the best bottom is 250, for example, which mean that i would buy there and sell at 260+

the old bottom was around 220, to know this you need to follow the market closely

We can make a wounderfull profit by selling the product with  little more than the exact price,The other way to make profit is by 'STRUGGLING' for cheap rate. And people should have the courage for selling the product for higher prices.

by words it seems easy  :)
to put into practice is really difficult, especially for country regulations.

There is Lot Of ways in Which you can make profit on Trading:
Buy BTC when they are at Low Value Hold them for some time sell them in Fragments when there is increase in BTC price ,
Important: remember to sell them in fragments , doing so will insure you are getting an average Profit on each of your Trade and will help you in getting much profit than selling a whole BTC.

This is probably the best way to go. I would invest some funds into buying BTC1 and hold it for a few months. In order to get good at trading, you should follow the price chart and post in the speculation forum of this board. Many experienced bitcoin enthusiasts discuss when it's a good time to buy and when it's a good time to sell.

I say trading is more of a higher form of gambling despite what you think.

You cant win all the time, nor people can predict the future despite whatever TA thats provided. I say those who are trading are people who had previous experience with day trading which is overlooked by many.