Bitcoin Forum

I am ready to split my profits also.  Pm me if you are willing to help me. I am just looking to make 500$ profit a month with 5000$ investment. But as of now I have 1 lakh INR with me. Any help or suggestions are much appreciated.  Thanks in advance.

I would recommend Coinsecure : https://coinsecure.in/signup/RxxA9wACRBInpVE6aVOB

Great place to buy and trade bitcoin.

Follow price at different exchanges here: http://www.bitcoinrates.in

Buy at the lowest rate and sell at the highest. If u want to make profit through arbitrage, u need to have account everywhere. So, first get your KYC done at all the exchanges and build some reputation at LocalBitcoins.com.

Given the current uncertainty related to the validity of bitcoin itself in India, it is better to  wait for decision to come from Govt of India. There are some great exchanges like localbitcoin, coinsecure, pocketbits.in, btxindia where you could to the trading.
You could also look for altcoins trading as well. However it is more volatile thus profit and losses will be great.

$500 profit on $5000 investment is 120% profit a year.This is only possible if you are lucky and invest in something that grow 120%

Thanks for all your suggestions.

The only sensible thing I would advice you would be to hire someone who does this for a living. You - by the looks of it - understand very little about trading, let alone trading in Bitcoins. I could be wrong, so feel free to intervene and correct me.

Your options are to fund various profitable small businesses and MSME's (Micro, Small and Medium Enterprises) and let them work for you. Its a risk but it's the safest risk.

 You have a huge initial investment and I am sure you will be able to make good profit out of it. I will suggest you to start arbitraging because it is the easiest way to get profit in trading. Bitcoin is being traded in more than 30 exchanges. Just go to coinmarketcap website and you will get the entire list.

You will see that the price of bitcoin is different in all the exchanges. Some will have little differences and some will have huge differences. So you can buy from one exchange and sell in other exchange based on the price difference. The main catch of arbitraging is that, you need to have huge investment to start with. Try it and do a little google search. You will not regret.

Thanks for your suggestions.

register on multiple trading sites. Check the coin price on each site. Buy for the lowest and sell for highest. As you will invest more the more profit you will have. And be away from gambling coz gambling will never give you profit just will take you to loss.. You can also buy bitcoin once it is below 70,000 INR and sell once its high. Its a time consuming process.

Thanks smarty

Believe me no one can exactly tell you where you should invest this amount until and unless your current financial situation , risk taking capability, your goals are known. You must invest this money in mutual funds. As per your needs their are various schemes in mutual funds for low risk taking and high risk taking , short term investing and long term investing etc.

You must consult a well qualified and experienced financial advisor to get your plan made.

Thanks for your suggestions

500$ with 5000$ investment would be too much risky as the market might get down and u might loose it .
well if you are an indian i would suggest you to do fixed deposit of a considerable amount of money and then the left of them do it bitcoin, it will give you a lot of profit in the long run.

Considering he present situation in India the best is to keep with yourself or in bank but not invest in any cyprocutrency or Btc at the moment .