Bitcoin Forum

Ok guys, there are like 5 threads in this forum all asking about "how to earn bitcoin" , "how to make bitcoin" , "how to get bitcoin", so i`m getting tired of everyone asking the same stuff over and over again.

So i put up a tutorial to show you how to earn 1 BTC in just a week, no strings attached, and no petty earnings, i hope 1 bitcoin/week will satisfy you guys.So basically if you currently have 0 BTC , then in 1 week you will probably have 1 BTC. But first a little bit of disclaimer.

DISCLAIMER: THIS IS NOT AN INVESTMENT ADVICE, ITS JUST MY OPINION, SO INVEST AT YOUR OWN RISK, I`M NOT RESPONSIBLE FOR YOUR LOSSES IF YOU LOSE. THERE ARE NO GUARANTEES THAT YOU WILL MAKE PROFITS, HOWEVER IT IS A VERY LIKELY OUTCOME!

Ok, so basically we will trade altcoins and you will need about 0.005-0.01 BTCto start which i`ll show you how to earn in 15 minutes depending on your rank.

This tutorial is: NO PONZI, NO HYIP, NO GAMBLING, NO SCAM, NO STRINGS,YOU CAN START THIS TUTORIAL WITH 0 BITCOINS you will most likely earn 1 BTC if you do it correctly.

So let's start


1)
a) If you are JR. Member but below Full Member:  Sign up to Yobit sig campaign:  https://bitcointalk.org/index.php?topic=1036113.0 (https://bitcointalk.org/index.php?topic=1036113.0)  , you will earn 0.00007 BTC/post, you can post about 20 posts /day, so that's 0.0014BTC/day. Post for 2 days and you will have 0.0028 BTC, which is paid directly to your Yobit account every end of the day. Do a little bit of fauceting too, to make that at least 0.005 BTC Ok?

b)  If you are Full member or higher: The same thing as point a), but with the yobit campaign you can earn 0.004 in about 15 minutes by posting only 20 posts on the forum. Full members earn 0.00020 BTC /post.

c) If you are Newbie member: Do faucets, this will require some captcha work but, it will be worth it later, and collect 0.005 BTC.

2) Sign up to Yobit if you haven't already: https://yobit.net  , or any other exchange like c-cex or other exchanges where altcoins cost less than 200 satoshi. I prefer Yobit, so i`m using that, but feel free to choose the one you like. But remember the altcoin have to cost less than 200 satoshi!

3) Buy up altcoins below 100 satoshi, perhaps even below 200 satoshi (this is a bit riskier).

Criterias for altcoins:  (only buy altcoins that match these criteria)

• Price must be below 200 satoshi, preferably below 100 satoshi
• The altcoins you choose must have atleast a daily volume of 0.1 BTC, if it has less than that , dont even consider it, thats a dead coin!
• The altcoin should have a current coin supply (money supply) of less than 50 million coins   https://yobit.net/en/coinsinfo/ (https://yobit.net/en/coinsinfo/)
• The altcoin should have a market cap below 10,000$ or bitcoin equivalent, you can see this here: http://coinmarketcap.com (http://coinmarketcap.com)
  or calculate by this formula:  MARKET CAP = BID * COIN SUPPLY (in BTC)

Ex: https://yobit.net/en/trade/MTLMC3/BTC costs now 38 satoshi (by the time you read this it might be more) , so with your 0.005 BTC you can buy 13100 of it.
Ex: https://yobit.net/en/trade/GREED/BTC costs now 15 satoshi (by the time you read this it might be more) , so with your 0.005 BTC you can buy 33333 of it.
Ex: https://yobit.net/en/trade/SJW/BTC costs now 5 satoshi (by the time you read this it might be more) , so with your 0.005 BTC you can buy 100,000 of it.

etc...

But don't just buy 1 altcoin, because it might be a bit risky, diversify and buy at least 3 of it, spread your funds between more than 1 altcoin.

4) Wait 1 -2 days, and sell it for not less than 450-500 satoshi, because altcoins usually go that high, however some might go above 1000 satoshi, I leave this at your discretion. So that is about 10-20x profit or 1215% returns!!!!

You will turn that 0.005 BTC into 0.047 BTC in just 1 trade

5) Now this might take you 3 days

6) In the meantime you can also do arbitrage, buy coins at Yobit (where its cheap) and look for exchanges where it's more expensive and sell it there. For example I used to buy DUB at Yobit and sell it at Bittrex for 20% more profit.

7) By now with trading this way you should have at least 0.1 BTC by day 3.

8] Repeat the process, look for a coin that is less than 50 satoshi , buy it, and sell it at 20x price

9) After 7 days of repeating this process you should have 1 BTC at your disposal.

10) You can also repeat this infinite times, maybe earn 10-100-1000 BTC as well, but the tutorial ends here, you should have 1 BTC after 1 week, enjoy!

http://i59.tinypic.com/2i9ihcy.png

http://i59.tinypic.com/15mo0sy.png

http://i60.tinypic.com/280jvux.png

So, your trading theory is that every altcoin lower than 100 sats rises automatically within days?  ::)

Its just that OP wins in a trade recently using that strategy but hey there's no assurance that one coin can be rise for only a week. For example  ; today I hold lots of gluck and bod coins in Yobit and no price movement for almost 3 weeks. Yes 3 weeks.

But still thanks for sharing your strategy. It can serve as an additional idea to newbies.

its a pretty unreliable strategy imo, its not a given that every cheap altcoin wroth a few satoshi will always multiply in value over the course of a week. in addition, this little strategy or method depends on those altcoins being bought up on the exchange after the rise in value.

thank you for share
but im not sure earn 1 bitcoin in a week
just joined sig campaign

There is no trading strategy that can guarantee this kinda of returns.  If investing in it did this... lots would invest throwing off your investment.

I just hope no one new gets their hopes up after reading this.  Getting 1 btc a week for doing almost nothing is not common with little investments.

Usually it does, but only if there is some interest in that coin, i mean dont buy up all junk coins.

I edited the OP and put there to buy only coins with daily volume >0.1 btc

Well i made more than 10 BTC with this strategy so i think i can speak from experience.

I didnt said that it is guaranteed profit quote myself:


Who knows a storm might come and you cannot sell the stuff at the right price because you dont have internet, but it can be a source of inspiration, from my experience it is possible.

thats the point; its possible, but it isnt a reliable source of cash flow. this holds especially true for newbies who dont have a lot of capital to risk on trading risky altcoins. sure, the sig campaign can get them something to start off with, but its not a sure thing this will row their bankroll to work with, altcoins are a gamble imo.

What if the swing between BTC and Alt Currencies go the other way? We could lose one BTC in a week!

Which alt currencies do you trade regularly with success?

Thank you for this tutorial. I never got any luck with trading  tho. It's just that I got tired of waiting. Anyway I think you should biy the coin that flows everyday not just the smallest value in bitcoins. Waiting that long also can be a bit risker.

How the f can you lose the 1 BTC when you dont have it?

This tutorial is for newbies who got like 0.005-0.006 bitcoin from faucets or sig campaigns to earn some money.

Well you could say that you lose the 1 BTC in the next week, but thats not the point, you still made 1 btc in 1 week, the fact that you lose it the next week is probably a huge mistake.

But its more likely that if you repeat this process the 2nd week you make 10 bitcoins, and so on....


If you can make 1 BTC from 0.004 BTC then you should be able to also make 10 BTC at bare minimum from 1 BTC


I dont think its gamble, you have a very high chance of doing it, and even if you lose ( very unlikely) , i think its worth risking 0.005 BTC for 1 BTC because you have the luxury of failing 199 times and if the 200th time you win, you still made profit.

I dont think any casino has an option that you lose 199 times and still be in profit if you win the 200th game.

Yes, read the OP again, i said there that look for coins above 0.1 BTC volume /day, because lower than that is a dead coin that will probably never get sold.

Also if you are really serious about it then check also the coin specs and try to estimate its value, but if you dont know how to do that, no worries, i think buying up coins below 100 satoshi with volume >0.1 is a good strategy :)

I've a doubt. If i invest on some alt coin which is under ~100 sat, it'll raise within some days/week. Already i've invested on DOGEs but its value is still under 100 sat (~60 sat) ???

OP this theory will fail in most cases.


~Rude Boy

im fairly sure op is talking about the newer, just-released altcoins, but even then, there would need to be someone willing to buy your altcoins right after they rise in price 10 or 20 times from what they were worth originally. still incredibly unreliable imo, maybe op just got lucky a few times and thought he stumbled on a gold mine. or maybe this is his pla to get people to buy some altcoin he's invested in and try to get the price to rise so that he in turn can dump those coins and make a quick buck.

Ok i added precise criterias now, i thought these were obvious but looks like its not. Dogecoin is a crap hyperinflated dogturd, its obvious that its price wont go higher than 60 satoshi because there are like 100 billion of them.

So i added a criteria to only buy altcoins that have less than 50m coin at the moment, not in total, but at the moment. We have to hit the coin when its young and fresh.

On trading you just cannot guarantee this.  I understand your trying to help people.  But it is not something you can count on here.

I know you mean good with your guides.  Just try not to over promise.  


I mean rereading it you suggest taking loans.... and investing it at a exchange?  Never take a loan to invest.  Your guide just has some flaws.  And I know you meant good but still flaws.

Look at my wording , i never used the word guarantee, because no way anybody can guarantee that.

I only said that it is the most likely outcome, which it is, and by likely i mean it is possible because i made it like 10 times already and still doing it.

Ok the loan thing maybe a bit irresponsible, i guess newbies should not take out loans, so i removed that section.

I don't think that your guide/tutorial will be guaranteeing 1BTC a week. Although Yobit does have ICO which you can profit, it doesn't mean you'll achieve 1BTC a week. Great guide though.

It holds no gurantee that you will end up in profit but it can be a lighting lamp for the begineers , so that they can learn what is altcoin trading from OP post .
Anyways nice post!

Ah ffs for the 3rd time the same post repeated. I never said that it guarantees, nothing is guaranteed, but its just that  it is likely.

Fuck it folks, read the post before telling the same thing 3rd time.

That is what I'm talking about though you mean well.  But it just is not a good plan for wide use. I feel like it hurts you to admit to being not 100 percent right.... maybe irresponsible wow.  How about horribly irresponsible.

If someone new found your plan at first edition it would be horrible.  They go and ask for a loan, chances are get labeled as a scammer for asking for loan on a newbie account.  Almost all newbies get this scammer tag when asking for a loan.   Even with the best of wishes, you sent them down a horrible horrible path.   You would lead them most likely to have a negative first time with BTC with all of the drama there.

Then to take that loan and invest it in risky investments... just blows the entire plan as far how no one should use it.

Normally I would recommend against doing risky altcoin stuff, but this is REALLY from 0 btc, so theres no risk.
Not every coin will rise up 20x consistently, in fact most of them don't, However your idea for arbitrage is very good. Altcoins have low liquidity and there could be huge price differences between exchanges.
Taking advantage of this is a good way to make money.

can you please name show us your buy /sell history of at least 10 altcoins that you have bought in the past month lower than 100-200 satoshi and went up in price at least up to 500 satoshi?

p.s. it is all in all a good topic and i agree with it entirely except the logic about buying coins that are low and be sure that they are going up.

this and proof that youve purchased and resold these coins for many times the value of what you bought them for. anyone can name some coins that went up in value; without proof this just looks like a theory at best.

I will watch this.

I will to.  But sadly instead of being a repeatable guide to help new people.  I predict this thread get's called out many many times for things no proof of or most agree can not be always repeatable.

The thread name really really needs changed.   Instead of how to earn 1 bitcoin in a week to something like possible way to gain bitcoin in a week.  Just realistic. But OP wanted lots of views and gave it this name.  Not sure hes going to like traffic though from this name.

LOL. Why didn't you include the fake hypes and lies you do on these coin's threads? Its just YoBit and people are stupid enough to get caught into cheap hypes like yours.

if this was actually working everyone would be rich at this point, it's always like that, it's based on luck

if you really want to go with altcoin, you can try instamining with one gpu or try the route of pos coins, which are real free money

Yes it needs a name change.  It is so bad especially with how originally he suggested getting loans to invest.  If this guide was something he sold it would have been considered a scam I bet.

But he released it for free and wanted a lot of views.  At least he did not ask for it to be a sticky like he did on one of his other guides.

Arbitrage is very hard to accomplish as an individual these days as almost every major exchange uses arbitrage bots.  Very rarely will you be able to pick it up in time, not to mention you have to wait for your initial coins to confirm unless you have a balance available already.

not completely free; theres still the electricity cost of mining those pos coins and the value of time invested into mining. but still i agree, thats likely a better way compared to this "tutorial," should those pos coins you mine rise in value you should more more if you started mining in the first moments of the coin's release.

sounds complicated for a newbie
but its a good guide and i'll bookmark this thread

 I agree,

 and  another problem is 'size of market'

One thing no one mentioned is OP most likely is holding some off these coins, and he pointed you to his exchange.  So it's trying to bring traffic that would make his investment more valuable.  Make a title hoping new people will invest.

He does not mention any other alt coins.... just one... on the exchange he uses no doubt... makes you think.

If you listened to his first version and borrowed money, now this alt is over neg 20 percent down.  What do you do on loan now that money is lost? 

actually minting work even if you don't run your client all day, but just synch it one time at day like with your normal bitcoin client

i DL'ed many pos coins in the past and it always worked in this way, so you are wasting the normal electricity of your computer, which would be wasted anyway for other activity that you do

i dont exactly have a rig setup to do that, but i trust your words enough to think that it might be worth a shot, maybe sometime in the future.

I think it is worth to try, will come with time experience in trading, but the system works.

this is what i think:

is it possible to earn 1BTC every week through trading altcoin?
YES

is there anyone really making that much?
YES, and there are people who are making way more than that every week

can i do it too?
YES

is it possible to do it like what OP says?
you probably would lose more money than you can earn every week from trading if you are just buying a low price coin in the hope that it goes up! even if it has the daily volume that OP is mentioning.

@GreenStox
with all this said, i am very interested to see your history of buying altcoins at <100 and selling them for 1215% returns. with some pictures.

altcoins are far too risky for a newbie to jump on. Just sounds like a high yield investment program and the risks are too high.

I am New to altcoins , but i can say this thread made me to jump and buy some Yovi coins , i went to chat on yobit and asked which coin is promising and they started laughing and said dont take help from any guy here probably they will say the coin that they hold or they are promoting...
I wanna ask OP are you promoting MTLMC3 (http://MTLMC3) altcoin , or you just took it as a example imoreover it has been 24 hours now and i dont see any hike in its prices...
 ;D

Interesting method! I will try it, although it need high risk to earn profit. But you have any recommend altcoin? I think MTLMC3 is not really promising.

Just invested some BTC and bought one CGN ( just trying', it's expensive ) and 3000 XRA.

This does not convince me. I have got a lot of experience trading altcoins and I can name you dozens of coins under 100 sats which have minimum movements since weeks and months. Even if you spread your investments on 5-10 coins, it will not prevent you from much loss.
I guess you had got luck by choosing some good coins. But you can not derive a profitable trading strategy from it.

well the tutorial is not so bad and he already sayd that this will not always work, thats true, so for ppl who want to know another way to learn BTC is not a bad info. Gj with it man.

but from my point of view you can be more simply, just buy low and sell hight :P, thats why i didnt agree with you about buy only alt coins under 100 sat etc etc, since this can be done with all coins, but i understand why you sayd that, as i sayd for ppl who is starting in this world  is a pretty good tutorial.

anyone can suggest one coin "profitable" (for the buyer not for the dev)…
I have see a lot of coin get ruin after ice…. I have lost just a bit of satoshi with this type of "advice"...

XRA

Lol I bought in XRA too. Hopefully it goes up alot.
also have some money in EA.

you can try YOVI , i see them as a long term value.
moreover try it on your own risk as there is nothing one can guarantee regarding any coin.

thank you for this tutorial
but i think have skill for trading
to get 1 bitcoin in a week.

So you are saying in the very early days of an alt coin you are mine efficiently and it is easier to mine?  I wondered that once before.  I have never been into mining and have never tried to invest in an alt coin.  I know many do well with it.

in that post i was talking epecially about pos coin, not altcoin mining in general which work less now, but yeah in the good old day (2014), especially early 2014 it wored really good, instamine was easy because there weren't anti-instamine block like now

and the general demnad from many users was very high thx to doge, the demand was so strong that exchange weren't needed, it was possible to sell your coin directly on the official thread of the coin that you were mining

No i just took it as a random chance because i saw it as a good coin but i dont own any anymore. I used to own 1 week ago.

Lemme put more altcoins there to not look like a shill ok?

Look folks to anyone who says here that this is too risky and not worth it bla bla bla.

Folks i said you can turn 0 BTC into 1 BTC, i dont see the risk here if you start from 0, maybe the time or work lost but no money certainly.

If you decide to invest 1 btc to expect 10 btc,thats another story.

But folks 0 btc ->0.005 btc -> 1 BTC seems pretty clear to me.

There is no repeatable method to turn 0.005 btc into 1 BTC each week.  Even the best of traders cannot keep returns like this up.

Can you show a BTC address where you gained 10 BTC from this method?

Haha this is priceless. Greatest thing I've heard in a long time!


That's all you have to do folks!  :D :D

So simple... now there is two examples


Maybe has something to do with MTLMC3 being down 37 percent.  Which was original example

Guys you should buy some KimJongUnCoin to get the most out of it!

I didnt made 10 btc from 1 trade, but i know a guy here that did, of course he invested like 20 btc.

For example I saw guys buying at 30 and selling back immediately at 50, however that is a slow painful process.

It's easier if you just buy at 20-50 and sell it at 600, set & forget, after you bought , set the sell price and come back in 2-3 weeks and see if it gets sold.

No need to worry about it, yobit so far never delisted a coin, so chances are you will sell that coin.

yeah funny, yet he didn't talk about the possibility of those altcoin going to 1 satoshi from 100, which mean an huge loss when you start to invest big, and you will start less assured, this thing is addicted

in the old time the big PUMP, for altcoin, were much higher in number than the big DUMP, now it's the opposite

I want to ask
whether the way you have done? and successful earn 1BTC ? LOL

1) The tutorial is about how to turn 0 BTC into 1 BTC, i dont care about guys who already got bucks to invest

2) You have to buy the coin first before you can sell it, so the BIG PUMP is before the BIG DUMP, always!

You cannot SHORT-SELL crypto-currencies!!!!

??? are you seriously about your statement?

Yep I made big buck with YOVI although that is a special ROM type market.

I made profits with DUB , XRA, CYC ,etc

CYC i bought @ IPO level of 40 satoshi and sold back 1 day later at 110 satoshi, where it has still been, no dump have happened there yet

I`ll hopefully rebuy it at 89 if somebody dumps and then holdng on to it until 300-400 we shall see.


Which one of the 2?

When did you made a huge profit with Yovi , i don't see any fluctuation in its value over 3 days back.
Can you put much light on what you said earlier?

hemmm i lose more than 2BTC at litecoin dump, DRZ and CYP dump too
that why im not want to trade again

i come to bitcointalk again to search more tips and trick

i will try your trick :)

my point of your tutor is :
1. buy "New Altcoin" under 100sat
2. big pump will come before hard dump
 ;D ;D ;D ;D

yovi is rise market only, no hard dump just buy sell wall,
but this coin like a ponzi game if no 1 interesting to buy this coin will be dead

OK,
nice guide, and seems like easy to follow, but dunno the outcome work or not,
you can see I am currently joined the sign campaign and testing for your method.

I don't expect in 1 week time, I would be very happy if I can reach 1 BTC in 1 month time.

I wish OP would provide 1 btc address that shows even close to a 1 BTC gain in 1 week.    OP has not told anything that can be verified.

No screenshots of trading history... no bitcoin address.... I vote lock the thread if OP provides no proof. 

Weeks ago, i bought it at ICO price and sold around 1700.


Yea but my strategy specifically says that only altcoins that have less than 10,000$ market cap.

Litecoin has 60 million , of course it can lose alot of value if someone starts to cashout a few milions.

It's much riskier to trade big coins , even if they are stable, than new altcoins.

I am surprised how he made profit with Yovi , as Yovi is stagnant from last few days and waiting for Pump from its Devs.
It would really be promising if OP provide the proof of his winning and any screenshots or his winnind bitcoins depo address.

I would like to see it too, but this tutorial is just normal alt trading. Buy low, wait, sell high or sell even lower. Luck is what you need here.

I think his method is work, if you are lucky enough to buy the correct 'coin',
just like gamble the earnings from those faucets and sign campaign, and reach 1BTC.

Ah you are very annoying sometimes bro, but very well then i dont want to look like a shill so here is proof:

As you can see i turned about 0.01BTC into 0.20 BTC in 1 day, hows that?

http://i59.tinypic.com/2i9ihcy.png

http://i59.tinypic.com/15mo0sy.png

I made that weeks ago, read my previous post

I do give your credit for some.  It still is no where near 1 BTC per week as thread said, and trading is a month old.

But I do give you credit for showing 17 percent of what you say you can make in a week.

If you show current trades ... page 1 and are getting the 1 BTC in a week then you will have earned my respect for thread.

Actually if i count better its about 0.2 or 0.25  count it yourself.

Yea but thats like 1 trade in about 3-4 hours. There are 167 more hours in a week to make the next 3/4 of the profit...

Lemme see if i can find more extremely profitale trades i got a very long trade history.

It will go extremely up more likely than extremely down. Just my opinion, but only if the altcoin has good 24 volume.

Ok here is more proof, this wasnt a very long trade.

But still completed withing a few days for 3X profit :

http://i60.tinypic.com/280jvux.png

I will give you some credit for trying.  It's still no where near the 1 BTC a week.  But you did make a tad of profit.

Best of luck.

Maybe it's not exactly 1 BTC, but around 0.92892741 from small trades so it's hard to prove it.
It's easier and better to say "How To Earn 1 Bitcoin in a Week" than "How to Earn 0.92892741 Bitcoin in a week"...

Actually it is, i got like 50 pages of XRA trading and such excuse me if i wont upload here all the screenshots but you can still get the idea.

Some coins are good for short term profit, however in my view, once a coin hits bitrex or c-cex, it will eventually hit 500-600 satoshi.

So why buy at 50 and sell at 70 then rebuy at 100 and sell back at 400, when you can just buy at 50 and sell at 400 for continuous and more profit.

These coins dont really pullback, so i think its better if you buy & hold.

50 pages? There are only 25 pages in your history.

It was a metaphor, what i mean is like i trade all new coins since day one. So far i bought all IPO's and i trade them until they hit lower than 0.1 BTC.

So i got more than 50 pages, even though only 25 are visible (probably the earlier trade logs are deleted?)

Oh maybe they are, but it was just jk :P

I also have short term trading strategies as you can saw on the logs i have quick trades too.

But in this tutorial i teached that its easier for newbies to just buy and hold, in order to trade inbetween you need to be an expert, because the price can easily swing against you.

So if a newbie buys at 100 and looks for 120 to sell, he can lose if it pulls back temporarly to 80, then he panicks and sells at a loss.

It's far easier to just buy at 70-80 and hold until 400-500 ignoring minor fluctuations.

If you are a newbie in trading then its definitely not recommended to look for small profits or fast trades if you dont know how to spot opportunities.

i can not register on YOBIT
no confirmation email
lol

im assuming youre trying to register so you can enroll in their signature campaign correct? it might be an issue with the email service youre using (aim, yahoo, gmail, msn, etc), first, check your spam folder, and if that doesnt work, try signing up under a different email service and registering.

Try to write something to their ANN thread, admin is really helpful.

nah i just wanted to start trading at YOBIT ,
but maybe later i will join the campaign too.


yeah i wrote on their ANN thread and waiting for them to come online, i think i will check again tomorrow.

Where is your email registered ( Gmail, Yahoo, Hotmail.. )?

I thiink its same method as mine but i use cryptsy once i deposited doge coins there i got problems since there is min. limit how much btc you can withdraw which kinda sucks. +1 for guide waiting for more !!  ;D

Guys dont take this thread so seriously especially the newbies thinking doing faucets will earn you 1 bitcoin in one week trading is proably the most profitable but also the one with the most risk

Cryptsy is doing selective scamming. They scammed one dude here for 160 BTC. Just blocked his account. No answer from support.


Most risk is gambling.

I like your criteria about trading altcoins, and yes, trading altcoins when it's fresh and new is most likely to give you high returns, but I don't think that the <100 satoshi price range is that precise when it comes to trading. Any coin will likely to give you a high return in profits, any coin can be pumped, and I don't think that the coins with <100 satoshi price, a 50m coin in current circulation would most likely hit it that big. But anyways, thanks for sharing this strategy of yours. It is really doable to earn that amount in one week with careful execution of trades. Trading is the most reliable way of earning bitcoins IF you know what you are doing.

it is resolved now . i contacted the YOBIT representative here and it is all good . thanks

Ok, that's good. Wish you good luck with trading :)

thank you :)

i am a beginner in trading so i need luck more than anything ...

You should buy XRA, it will go up.

I could see this working, although the one week seems a bit optimistic considering it will take a few days campaigning or clicking faucets to come up with the initial investment. Also, it would be a great way for newbies to learn about trading, only risking the little bit of time/effort they spent at faucets or posting on the forums here, which they were at anyways simply by reading this. :)

But back to the topic at hand, say that original investment of 500,000 satoshis was spread amongst say 5 different investments, for sake of simplicity lets say each was trading at 50 sat when purchased. We would have investments A, B, C, D, and E each with 2000 of their respective coins as the beginning balance and a starting value of 100,000 sat each. Then after say 3-4 days we have the following results:

Coin A:  30 sat * 2000 = 60,000 sat (loss of 40,000 sat)
Coin B:  10 sat * 2000 = 20,000 sat (loss of 80,000 sat)
Coin C   160 sat * 2000 = 320,000 sat (gain of 220,000 sat)
Coin D   60 sat * 2000 = 120,000 sat (gain of 20,000 sat)
Coin E   20 sat * 2000 = 40,000 sat (loss of 60,000 sat)

So we ended up gaining 240,000 satoshis and losing 180,000 satoshis, which would be a net profit of 60,000 satoshis, or a little better than 10% gain of the original investment. We lost 3 out of 5 trades, but since they probably won't go to 0, they don't necessarily sink the entire investment into the ground. Also, one could try holding the losers for longer, but for this example we would assume everything gets cashed out and the end of the cycle with everything reinvested anew. Of course it is pure speculation, and luck will play some role, but it is not out of the question by repeating this method over a longer period, perhaps a month one could earn 1 BTC.

I think the big drawback to this is it is limited to how big of gains you can make. The next month you simply can't pluck sown 1 BTC into a coin that was averaging only a .1 BTC daily volume and expect others to buy it up. You would need to spread the coin around quite a bit and after a point you will run out of candidate coins to invest in. So going from 1 BTC, to 2, 4, 8, 16, etc and expecting to be a millionaire will be highly improbable, but I could see someone starting out and playing around a bit could earn 1 BTC a month doing this. Of course, as others catch on this will also cut into the profits somewhat.

I seriously doubt how successful this method actually is, but nonetheless it is an interesting idea and I threw in a few mBTCs into different altcoins that appeared to have a lot of trading. Hopefully I can make a bit of a profit, if just one coin does well within the next few days!

It is a gamble.   OP did show he had made some profit from it.   But no where near 1 BTC per week.

The subject is misleading.  It should say POSSIBLY make .1 BTC per week from his methods.   The making 1 from I believe .005 BTC in one week is very very lucky.

given that its possible to make .1 btc from constantly trading new altcoins, it should be more than possible to make 1 btc a week simply by investing more. however, the issue is that this method is unreliable, as there is no guarantee that a coin will rise in price and that someone will buy your coins off the exchange when the price is high.

That is why I said possible.  It hinges on factors you cannot control.   It is gambling really lets be honest.

And OP showed like .17 max profit never showed near 1 BTC gained.   That should tell you right there 1 BTC is kinda the pie in the sky that is almost impossible to get.

isnt buying and selling gambling too?

I mean in a way, you can also lose if you dont know when to sell. Unless theres a easy way you do this on your screen print shot you posted.

two very good points indeed . i could not put it better

the important part of the method in the OP is that it is a "Gambling" not trading method. you can simply lose a lot of bitcoin and not earn anything back from your other trades. and also it is worth mentioning that when a coin's price is this low (e.g. 30) if it goes 10 satoshi down it means a lot more percentage loss in comparison with a high price coin (e.g. 10000).

the OP come with a red trust, i'll not follow his advice if i was you, also he is probably advertising yobi exchange and nothing else, there isn't any working strategy with altcoin

aside from luck, which isn't a strategy, and aside from being in a group of whale that manipulate the shit out of every altcoin at will

You are right it is red like his trust at this point it say's:


Now change the thread title.  Tread title is to grab attention.  And he never showed anywhere near 1 BTC gain. And the above is not surprising OP at first suggested taking a loan to invest in altcoins....

And Amph I think you are right about advertising for yobit.  And not only that he pointed to 1 example at first.  If he was holding that when suggesting it... he might have profited from people trying it.

This tutorial is a process of will, time and effort.  You need also charts out there tracking the highs and lows of Bitcoin vs Alt Coins against each other and against local currencies.

But OP didn't say anything about this.. I hope there are no newbies that believed this.

The most irresponsible was if anyone new listened to his first advice taking out a loan to invest in altcoins.  He admit admitted he could have been wrong, no full admit of being wrong.

I am surprised how many pages it is on at this point.  Did not expect that, the title worked.

It's normal.. if there's a title "how to earn 10 BTC daily", everybody would click on it.. OP should change the title :/

Making 0.005 bitcoins grow up to 1 btc in just a week is very, very improbable. If it's within 3 weeks or a month, then I'd say it is possible, but still a hard feat to achieve. If ever OP pull this off within a week, I'd say he's a very lucky dude. There are no definite strategies in trading altcoins afaik because the market is ever-changing.

This is why OP only showed a profit of around .17 BTC.  He never showed anywhere near 1 btc.

But enough of my rant for the day everyone make up your own decision.

following the guide and going to buy NEBU,
hope will have some profit after few days :D

I don't want to manipulate with you, but I think that NEBU is scam. What I know is that NEBU' biggest buyer is it's dev and he's trying to get it's price up to make the biggest profit just for him. You can try XRA and never trust anyone in the chat, they will probably tell you to invest in the coin they have to get bigger profit and pump it up.

altcoin daytrading is far too risky in my opinion.

it's better to check out some altcoins with a bright future and invest and HODL - in my opinion.

the only altcoins I buy are BTS & NXT (ETH may be the 3rd soon)

it is not like that , but when somebody sees these numbers and checks them on yobit . and it is their first time trading or seeing an exchanger for that matter it becomes easy for them to believe and invest in the hope to earn 1BTC in a week.

but in fact this is not something that can happen when you are simply just gambling on different coins.

i bought some TAGR because its price was so low today it was in one digits, which means it is going to be pure profit. gonna keep it for a while.

Agreed, the strategy is basically gambling in the sense that your are blindly betting that a few of your picks will outweigh the loss of the losing bets.

Also, the point about scaling cannot be emphasized enough for people wanting to try this out. It works only because of the low interest and volume in these coins. Once you start wanting to double 1, 10, or 100's of BTC, this is no longer valid as you will have people playing against you who will take all your money.

The big whales and sharks of the ocean do not notice little minnows swimming by so much picking up crumbs, but once a fish becomes big and fat enough and looking like a juicy target, look out.

If you win 99% of the time, to make 1 btc per week its because you know something most people dont.

Or you just have a way of get away with cheating if you know how to buy and sell. But, your method shouldnt be recommend esp when new faces come into bitcoin buying into it is hard already enough.

You are misleading people to bad methods with your advises

nobody should follow this rules cause it is an almost sure way to lose the money

Op, I dont get it.. arent you contradicting yourself when you say no gamble?

But the method shown is gambling.. ???

Original version was even worse.  Yes this is gambling throwing money at alts with no research. 

Original version he suggested taking a loan and investing.   So .... no not a good method at all.

Lol my investments that the OP kind of suggested did not work well.
I bought 2 coins, at twice the current volume, price rose a bunch, but there were a couple buy orders for only a couple satoshi, thats it. No one would buy my 100 satoshi sell order, even if it was the lowst one. Then people undercutted my sell orders, and still no one buying.
Screw altcoins lol

welcome to the scam market :D

but seriously i both like and hate YOBIT at the same time. YOBIT , unlike any other exchangers , accepts any coin that is created and puts it in their market. a lot of them are scams others are just being mined and dumped everyday on the exchanger to buy walls that people like OP are putting up. this is true about any other place to some extent too but other exchangers like bittrex accept altcoins that has at least a minimum of people showing interest in it and if the daily volume drops it will be removed from there.

Yep.
I dont trust yobit anymore, maybe its the fact that I lost almost 0.1 btc trying to trade, but bittrex is just a better site. Higher volume, higher liquidity, and they choose coins to add.
Apparently EA had a trojan virus in it, but yobit still adds it to their site...

not a good idea after all if gambling or somewhat like gambling is involve.

but it still has good opportunities too, that is why i said i both like and hate it ;)
the good part is, you can find altcoins that will be listed in major exchangers like bittrex / polo / cryptcy but they are in the process so their price is sometimes as low as 1-3 satoshis and soon after they are listed on those places the price is going to 30-1000 satoshi which makes it a great investment even if you can gather upto 0.1 BTC of them.

Yea.
Prebuying many coins for 1-3 satoshis that you think are a good idea, are almost a guaranteed investment. If you buy for 1 satoshi, you can't actually sell for below that, so there is no risk of the price falling.
If you buy a bunch of the coins for 1 satoshi each, then wait for listing on exchange, just sell and easily get 2x+ returns, just by going up a couple satoshi.
Going to 100 satoshi, which is still nothing, would give you 100x return if you bought at 1 satoshi.
I would be doing more of this if I could, but the problem is I don't have the time/space to have hundreds of wallets on my multiple PCs.

what do you need multiple wallets for, you can keep them on the exchanger with no fear. just make a strong password and enable 2FA .
besides IMO keeping anything under 1-2 BTC on exchanger is safe , don't worry too much.

Yea I do keep on the exchange, but what I was saying was for prebuying coins BEFORE they were listed on exchange, to catch on the price increase from when it is listed.

don't follow the OP is he probably trying to scam, he can be involved in running that exchange, he didn't provide any real proof on his earning, where is the TX of his earning? there is none of course

He listed only one coin as example on first revision of guide.  It would not surprise me if he bought some before pushing guide trying to raise coins value.

This thread goes on .. and on.. I starting to wish a Mod would lock it.  I would ask OP to lock it and let it die but I know he's not doing that.

i bought some coins on yobit , lets see what happens :D

I like how OP stresses that altcoins are good investments. 99% of them tank after being released. His examples are outliers and are not representative of the mass.

same here, just bought on SJW,
just want to ask what factors will you guys care fro investing an altcoin?
I know OP had mentioned some but clearly is not enough :-\

You will notice that is why OP only showed a gain of .17 BTC.  No where near the 1 btc per week for 10 weeks.

Op cannot prove many of the claims... so he is just not posting in it right now it appears.

It is not as simple as the tutorial..not realistic, one btc in a week it is my dream..could you guys give a more realistic tutorial to get one bitcoin but not in a week. Just two week or a month but with tbe realistic tutorial

Step 1: Find something you're good at
Step 2: Offer the service for Bitcoin
Step 3: Do the service
Step 4: Get Bitcoin

So, how many bitcoin do you earn in this days?
Does any one really earn 1 bitcoin every work by following his stratagy.

as i said, the op was hyping up his own coins that he invested in to get people to buy them up on the exchanges. sounds a tad conspiracy theory like, but its definitely within the realm of possibility.

OP has done guides before and always had a motive.  One he wanted to get as a sticky, which just happened to have a program of his to view BTC addresss's.

This one he tried to gain a lot of views by making huge statements.... it worked.  But look at first page he does not even post close to 1 BTC of earning let alone the 10 he claimed.

I think that your advices for earning 1 bitcoin a week are not for the beginners. So, your post at least must not be here. To not speak that to many way of earnings are doubt and not sure. If are not sure how you can tell that can be earned 1 bitcoin (for sure)?

You don't always get profit in trade..sometimes you have to bear loss too... But well, seems far more better alternative than gambling :D
I will try this with Bit-x and share the results :D

in the first couple of pages i asked OP to show at least 10 altcoins that he has trades and went up in price in order to give him (according to himself) 1100% return

but he simply ignored it and the post got buried under pages of posts.

Lol I more concerned about posting 20 per 15 minutes, really?

Also the altcoin trading interest me, but I kinda knew about altcoi trading (not altcoin holding). Anyone got a better ang lightweight trading sites?

looks like OP just created the topic and went away for good . he is no longer participating in the topic !!

Posting referral links is prohibited in this forum. You should try to read the forum rules sometimes.


What kind of "lightweight" trading sites? The one that you could access on your phone? In trading, you should consider the trading volume occurring within a single day. The trading volume dictates the liquidity or how fast does the bitcoins on that certain exchange revolves.

this prove that this whole guide is a scam , that aim at bring attention to yobi exchange, for rising their revenue via fee

there is no easy way with altcoin unless you're a whale that can manipulate, or you've joined a group

ouuuuuu , the worst ever tutorial.
this is makes misleading, if we buy altcoin on 100 and then the price drop to 10 satoshi what would you do hah?
you are just talking on good side.

But the guide says make one BTC a week... you think someone would lie about going from .05 to 1 btc in 7 days.... . 10 times.... .someone would lie?

Ok someone lied... sadly a lot of people have read the mess though.

I most often lost my money in trading than get a profit..until now i'm still looking for the way to earn one bitcoin in a month..many thread i read from here but it is not give me a solution for my self.

It's actually 0.005 BTC not 0.05 BTC, so it's even more weird...
OP didn't prove anything, only 0.17 BTC profit :)

It's easy: do work like you would in the real world. Anything else is not going to net you more. And the "trading" people try to claim will make you rich... guess what? It's available in the real world, too. It's called the stock market, and it's a LOT more refined than the crypto space, with much more profit and a lot less risk.

So, why is not anyone doing it real life? If we can't lose and there's much more profit, we will be all rich. I think it's not that easy to trade in real life than online.

Thank you for correction! I missed a 0.  I just wish OP was honest.  If he did do .005 to .17 in straight trading I would give him some respect just for that alone.   

But with everything else I don't think he is telling truth on starting number, and we know hes not telling truth on what this method does in 7 days.

0.005->0.170 isn't really brag-worthy. Karma went up over 3000% in a single day, with well over 100 BTC in liquidity. It was obvious it was going to jump, too, due to the hype surrounding the Karma businesses. That alone would have taken OP from 0.005->0.15+ in a single day.

Well some of the steps that he suggest was an additional information to me like the site he suggest and some terms that I didn't know. So thanks to him. After all it's still not possible to have BTC1/week. If it does maybe the OP is rich now and go for vacation that's why he's not posting. :P

1 BTC/week is under $300. That's a job at McDonald's. So yes, it's VERY possible to earn over a BTC a week. But like the real world, people aren't just going to hand it to you.

it seems for some reason when it comes to btc, its worth at least 10 times as much to some people; people cry about losing a mere 0.01 on dice sites (less than 3 dollars), and beg for tips of 50k satoshi on primedice. in perspective, 1 btc isnt that much, in terms of fiat its a couple days' pay at a part time job.

1 BTC/week is a job at McDonald's? Really? That's 4 BTC/month and that's about $1200, I don't where you live, but here, in central EU, is $1200 for a job in McDonald's a dream.

I think BTC is more global then that.  Some countries sadly have a horrible horrible pay rate.  We think a couple hundred dollars  no big deal in industrialized world.

But look at some stats on some other countries you would be surprised the amount of work some do for little money. Sure most are not in this category with BTC but I would guess there are some.

those steps are teaching gambling not trading!


YOBIT is such an small exchanger, you should use bittrex / c-cex / cryptcy / poloneix for altcoin trading which all have decent daily trade volume.

if it was that easy to make 1BTC /week he would never share it with anybody and get rich first from ithimself 8)

This is the additional info that I like :)

"The altcoin should have a market cap below 10,000$ or bitcoin equivalent, you can see this here: http://coinmarketcap.com
or calculate by this formula:  MARKET CAP = BID * COIN SUPPLY (in BTC)"

About the site it's not Yobit but the http://coinmarketcap.com . Didn't know that site.

OP wanted a thread to be popular and gave it a title to make it so.  And sadly this entire thread is a mess.  Just crap posts and a crap guide.

I wish I could lock this thread and let it die.

this is an addional information for me :) thanks . I will try these trading services

fair warning, stay away from c-cex as theyve had some shady activity recently: https://bitcointalk.org/index.php?topic=1128880.0

they pulled an ico scam.

Be aware of Cryptsy too, they are doing "selective scamming".. just try to search "Cryptsy scam" on Bitcointalk and I'm sure you will find something about it.. They scammed 1 guy for around 160 BTC ( I'm not sure if it was 120 BTC or 160 BTC ).

so then bittrex will be the best option. I will try it

Locally, minimum wage is $7.25. McDonald's actually pays around $8 here. $8*40hr = $320. Subtract taxes (around 20-25%) and you're at 260 or so, equal to a bitcoin.

UPS would be better. There, you can start at almost $12/hr while still in high school.

In my country, from mcdonalds, if you work full time, you can earn only 1 btc for one month. So you can not say that, you can earn from mcdonalds 1btc for one week as working parttime worker.

I apparently missed where I said you can earn it from part-time work... I went ahead and used ctrl+f ("find") to search for it, as well, but it looks like you're the only one that ever said it. Please don't try to claim I said something I didn't.

World is bigger than you think, don't think the situation everywhere in the world is like yours, and neither that yours in some kind of model or example

I agree with yobit thing. 3rd point is not for everyone. You need to have good knowledge about which crypto-currency is good for trade. Otherwise you can earn enough with posting only. Jr. Members can earn 0.00014BTC per day with yobit. In the process you will get promoted which will increase your income.

Otherwise, a good guide. It might be a good start in trading for some people.

i have been using bittrex for over a year now , and so far i haven't have any problems with them. they are always available and fast deposit and withdrawals "so far" .

but you'll never know when they are going to turn on you, using exchangers always had its own related risks in this business .

Ok, so it's 1 week now, I think. Did anyone make 1 BTC from 0.005 BTC here, or is just a bullshit thread? :)
I would be happy if someone can post a nice feedback about this at all...

i think it almost impossible to earn 1 BTC in a week from 0.005 BTC. except for he is very very lucky. like buy ROM coin at 1 sat and then sell at 2k
also OP mention about yobit exchange, we all now that volume on yobit is not very big. and many scam and dead coin on there

Of course someone made it and that is the OP. He already mastered this strategy. OP am I right?                 

I tried out this method sort of half-assed just to give it a shot, because it seems interesting enough. So far I'm 5 days in and my .005 BTC has grown to a whopping .007. I suppose if you invest in larger quantities and pay close attention to the markets profits can be had, I haven't really checked up on the coins much so it was pretty passive income.

Everytime and everywhere I said that,if you have more money, you can earn much more. If you have a little budget, you will loose it.

the good thing for the latter is that if you lose a low amount, it's good when you're experiencing to start with a small amount, every big trader has started in this way

actually in trading isn't necessarily to have a big amount, thanks to leverage of x20 and more, in mining instead it is necessary or you will make peanuts everyday....

Yes I did


Nice to hear that, this week was a pretty shitty one, not many big trades only Yobit's ROM markets rise, but hardly any other altcoins.

I hope next week will be better

Actually I said a bit same thing on my way  :)

If you a big trader, you have more money and you can spend these huge money to learn and after then earn much more.
But you haven't enough money, you will just learn something and will not have any money to be in action which you can earn something.

Very interesting and useful article. I will also try the same. Thanks a lot

Was it from the .005 amount mentioned at beginning?   I would really like to see proof of that to 1 BTC in a week.

I know you have shown .17 gain (not from the .005 mark though).   So please show us the .005 to 1 BTC.

Thx alotbro for sharing great info like this, that many newbies like me have a chance to generate more btc too

Well there was a topic saying 1 btc for a year, and it is possible,
But in a week dont know i would be interested too

its very possible; people that offer services on here and get good traffic can definitely earn 1 btc a week. in addition, there is always the option of actually getting a job, then buying 1 bitcoin every week. earning is not limited to faucets and signature campaigns.

earning 1 bitcoin every week is not that hard specially if you have a job and buy it

what do you mean "buy it" there... ?

it that tranding or what?

I think what he meant is to buy 1BTC with fiat money.

yeah, i meant that for example you buy bitcoin with fiat (like your salary) that you earn from your job.

I actually am running this experiment right now as well, basically trying this out for fun. Shortly after my post here on the 20th, I decided to create a YoBit account to test the OP's theory and to see if I could get performance similar to what I wrote earlier: https://bitcointalk.org/index.php?topic=1126751.msg11928241#msg11928241

I wanted to keep it realistic, meaning instead of just transferring .001 BTC in, I wanted to try and see what a person new to bitcoin with 0 invested would be able to do.

I began by using my test account's YoBit BTC wallet address, I hit up faucets for two days (all I could stand) and of course hit all the free coin buttons on YoBit which contributed some additional dust. I managed to accumulate ~ 0.00036 btc before becoming brain numb from the mindless clicking on those stupid faucets. Doing the math that comes out to just about a penny..... Not looking real good for initial investment, but hey a start.

Anyway, I then began looking at some coins on YoBit to invest in. Since my initial investment amount was miniscule, I only was looking at coins > 100 sat. I placed a few low-ball buy orders on a couple of coins that did not fill. At the time BIOS coin was newly released so I thought it may have some upside potential. I placed a buy order for 1440 BIOS coins which filled and I manged to snag some BIOS coins for 25 sat each.

Figuring it would have some good upside potential,  but wanting a fairly quick sell as in the OP, I figured a initial 5x profit potential was an good place to start. I placed a sell order for all the coins for 125 sat each and went to bed.

The next morning which was the 24th, I was pleased (but not surprised) by sell order went through. I see BIOS actually spiked a bit higher, but I was still ok with 5x return. :)

So far then my test account log looks like this:

July 20 - Created account on YoBit and began hitting faucets - Ending Balance: ~ 3600 satoshis in BTC (only hit a few faucets before going to bed).

July 21-22 - Hit various faucets including YoBit's free coins- Ending balance: 36,000 satoshis in BTC and some dust in other coins.

July 23 - Hit a few more faucets which should be coming in, by now was I was sick of captchas so decided to start with the trading. Invested 36,000 sat into 1,440 BIOS coins @ 25 sat each. Note: I am not keeping track of fees at this point, as figuring extra dust and faucets will initially cover this. If the experiment gets to higher gains where fees are significant (> .001 BTC) I will start tracking those too, but for now this is easier.

July 24 - My sell order of 1,440 BIOS coins for 125 satoshis filled. Researched other coins and not finding anything attractive decided to try BIOS again. It had dropped down to the 60 sat range so I placed low ball bid on 6,000 BIOS coins for 30 satoshi each. Balance now: 0.0018 BTC (180,000 satoshis).

July 25th - My order has not yet filled. Canceled order and placed new buy order for 4285 BIOS coins at 42 sat each. If this doesn't fill I will look at other coins, but think BIOS still will have some volatility as it is new.

I will update this as I go on. If I get some more profit I might even break it out in its own thread, but for now I would think it only of interest to people in here.

NOTE: The reason my amounts seem so rounded (i.e. 3,600) is due the fact that I found what I consider the least annoying faucet that pays 1,200 sat every 15 minutes. I found it easier just to click this once in awhile throughout the day than keep track of many others that pay even worse and have more hoops to go through. My only other source is the YoBit exchange, which only awards 1 sat in BTC every 10 minutes and the free other coins which I don't have enough accumulated to trade yet.

i am not sure that this techqiue of yours can earn me 1bitcoin in a week.
In my opinion the best way to earn bitcoin is to enroll in a signature campaign...

I will continue to watch you za1n. What will happen next

@Za1n that's good try.


It's depends on your effort and your time. It's possible i think.

Enrolled in sig campaign is good choice too, but your income is limited.

5 mbtc is quite a few, you can do better. Also altcoin trading is a nutshell
If you want to make money out of it
you should follow all the invested coin's topics, watch  close the news etc. It takes a lot of time.
 But yeah, it's really profitable that much.

i agree. you need to invest a lot of your time in it to be able to profit from altcoin trading

But it is also risk free, which is beautiful. If you are trading alts, gambling, mining or whatever, you have to risk something to get some more.

In sig campaign, you invest your time and brains and most that they can screw you over for is a 1 weekly payment.

July 26 - After evaluating the YoBit coin selection and not finding too much interesting, I re-opened my buy order at 42 sat on BIOS. It filled yesterday, yea!? I now have 4285 BIOS coins I am looking to sell. I see the sell orders are ~50 and it looks like the spikes into the 100's are over, so I am setting a sell order at 84 sat, or a humble doubling. :)

I will keep you posted, but so far I think I have dispelled any earn 1 BTC in a week simply from faucets. It could be argued my investment strategy is wanting, which I freely admit it is, but I did not see any mentions of being an expert trader in the OP, so I think the experiment is still valid.

I will maybe let this run for 1 month and see how it goes. The volume on YoBit is pretty low, so if I can trade my investment up to a point where the transfer fees will not destroy it, I may move the amount to a different exchange with higher volumes.

Thanks for sharing. Be aware that there is often a much smaller spread on higher volume coins. But still, i've had doubts that this is 1btc per week because i've done it before. I did earn but nothing like that and i started with 0.03, so... xD

I'm even more sure this ain't a proper tutorial now. I was wondering if maybe i just did it wrong but, your experience is the same as mine over the course of 2 weeks.

Now im using yobit signature campaign like you say :)
and im waiting fo new coin above 100sat
i hope i can buy new coin like yovi from 1sat to 2000sat ::)

thanks for this..hope i can make a full bitcoin now..if i can't make 1btc in a week atleast in one month..

A lot of the time should be in research.  You should really know the coin's you are buying.   

If you buy just based on price, you are doing something wrong.

Well instead of re-posting my entire experiment (you can read previous posts if interested), I will just say that today, July 27 saw very little movement in the price of BIOS, I actually sold a few at a lower price point and I may sell the rest as long as I can stay in profit. I am actively researching a good secondary coin, but the pickings are pretty slim, I seen vapor skyrocket, but think I missed the boat on that one.

I am not really worried about the small amount I have invested as much as I am determined to see if this is possible at all. I think the 1 week claim is now fully debunked, only an extremely lucky series of picks would do that, which as others have pointed out is more akin to gambling than investing.

I will stick with this for 1 month as mentioned earlier, but the volumes on YoBit are pretty small to make any meaningful decisions. It is pretty much put your money in a slot machine and hope you picked the pump of the day.

It's funny because 2 of his 3 examples are now less than half their value. The third only went from 38 satoshi to 44 satoshi


Trading anything without insider information is gambling. Even if you see high chances and pay attention (some people are good at these things) it doesn't change the fact that it is gambling.

This is also a bit of hype seeing as you built up hype leading up to your article. A non-hyped article would be titled "how to trade alt-coins"

Also, how would I "do faucets" and earn 0.005 btc? I decided to experiment a 2 years ago and bookmarked 10+ faucets, coming back every day to do them and even used tor to get around some ip changes. My result? After a week, something along the lines of double digit satoshis. You either need to expand this section or remove it.

Well, I give it a try today.. I transfer 0.005 BTC which I got purely from faucets and start trade at YoBit.

Following step by step above, buy 4 types of coin that less than 100 satoshis.

I will leave it for few days and will see the result. If something go wrong, yeah.. I think it is still ok since I start from free faucets  ;D

Good advice OP

lol@ people getting butthurt and criticizing op

he is just trying to help.

Agree, at least we must thanks to OP for share about what he do, despite the result for follower differ from the title  ;D

Yeah this isin't a bad thing to look out for, the title is just deceptive and inaccurate.

Beside this there's no reason to attack OP.

At least he isint trying to sell this "information". :P I've seen it happen here.

thanks for the that note but also u may lose most of yer coin on exchange it happened

yeah he just trying to help us to get digression.
no one want bought dead altcoin, and op suggest us to bought them.

Investing in debatable alt coins... brrr
I will give it a try if you fund my adress ;)

1BCDUz5XSsfcTP7eR4G1MvTB8AYGPrUWJB

To be fair, he did say to NOT buy dead coins. He did say you need to buy coins with volume. Thus probably not dead coins.

The OP didn't post such bad information. It's just lacking depth.


That's a pretty nice attempt to beg for BTC, if i ever saw one. ;)

well it can't hurt to throw some btc in  just to test it..would it? obviously it might not work since all altcoins are different..some are pumped while some are dumped and then left to die.

throwing some 0.01 btc just to test it is not a bad idea imho...to each his own i guess

Would I do it myself? probably not since it looks time consuming but I wouldn't mind doing it if I had no btc.

If you have 1-5 btc there are better alts to make money than trying this but this might help people who have no btc

Also, I would add that invest in new altcoins since they have more chance of hitting bigger exchange and increasing in price and volume.

Thanks! See how I quoted you here and for convenience sake have forgotten to remove the adress? Subtle eh

Well I have been trying this for over a week with not very good results. Still hoping for some big moves in my coins, but except for one good pump, I been lucky to cash out with small profit.

The small initial investment does not allow for too much buying and holding without risking the entire investment, as even though the OP suggested coins with volumes of .1 or higher, this can literately evaporate and you end up being stuck holding useless coins. A higher initial investment would allow purchasing of coins values at more than sub 100 satoshis, which hopefully would be past the flash in a pan stage and actually have some future.

Anyway, I still have some funds I am playing around with on Yobit, so who knows, maybe I will get lucky.

As to those who think this is somehow attacking or criticizing the OP, I think we are just testing the viability of his theory. Myself, I am not doing it to prove or disprove anything, but merely doing it for the fun and intrigue of seeing if such a feat is possible. I find no harm in reporting my findings, as I feel truth is neutral. If the truth conflicts with your version of things, it is you who has the problem and not the truth.

The truth in this case is several people have attempted this, and with the exception of the OP, no one has reported back that they managed to turn faucet dust into 1 BTC, in one weeks time, by trading on YoBit.

the way that OP is suggesting has a very huge risk involved with it and i don't think it is a good idea for anybody to try it unless you want to lose your bitcoins

Why is investing 1$ in bitcoin a huge risk? But yes it is gamble-y. You're making it sound like it's worse than it is though, it's not a bad starting point, you're just supposed to do more research on the coins you're investing. There's a great deal of information you can get in a coin before investing that can give you an idea of where it might be heading... or where it might not be going ;)

I bought 1733.333 CS with 0.01 Bitcoins at 750 satoshi per coin...now the selling price has decreased to 303 satoshi :/

CS price is roller coaster. As of I posting this , that coin has a price now of 400 satoshis. By the way , as far my knowledge and research is concern , CGN is one the promising coins @ Yobit. You can "try" investing on it but of course you can make you own research first. CGN removes from Yobit's free coins now. Good thing I have some in the past when they still offering CGN coins as a free.

Be sure to check the price history. If it has established a floor price somewhere in its history, don't buy if it is much higher than that. It will probably retrace there. If it has no clear floor yet, just choose a different coin and check back in a few months.

No, the people at yobit chat told me that it might hit the bittrex market...The average price on the last 7 days seems to be almost somewhere near 700+ satoshi per coin... Anyways, I'll hold it for a while...Who knows if it hits bittrex ;) That 0.013 was all what i had :P Waiting for the next campaign payout so that i can invest again in something new :) Do you suggest any other altcoins? :)

OP mentioned not to buy anything that's above 200 sat.

I forgot that point :3 But i learnt a lesson " Don't believe market rumors"! I will strictly follow all the Points next week after the campaign payout :D Thanks for the heads up :)

The thing with cryptospots is its also part of a game,   https://cryptospot.me/referrer/psitronic  (https://cryptospot.me/referrer/psitronic)   virtual mining actually and good practice at many aspects of crypto for newbies like myself mining both btc and cs, you can use it for virtual mining rigs or individual ghs, you join pools (one for cs and one for btc) that pay both btc and cs with block rewards already set and increase every few months.(with just over 500 ghs =1100 sat and 1.1 cs every  1.5-2-hrs) Dev is usually around new developments and updates, eg. black market on site to sell outside set game prices, as for trading it on other exchanges (alcurex and yobit for now) the price bounces around almost daily sometimes weekly but it does allow for nice profits......            
  The game gives you free ghs to start and could be complemented by faucet earnings like the post has discussed. Also have received multiple payouts although sometimes a day or two usually minutes or hours.

 just remember most coins are like penny stocks and you never really know.....................

OP said buy coin under 100sat that a 1 point must you accept it
don't buy coin at high price, buy in first low rate before pumper come

and what if the pump never comes? :D

Litecoin makes some nice swings lately between 0.013 and 0.016, if you time well you could make a few coins there. Otherwise I wouldn't count on making a quick buck too much.

Why did you link me to cryptospot :3 i withdrew all my cs to that site and i am now not even earning 0.1 cs and its already been almost 48 hours :3
I can't withdraw, i can't earn more! Now that 0.01(1733 cs) is gone?


Just got $6, what can i make with that? and which at which price do i buy in your opinion?

While I love trading, I estimate with this "plan" you have about 1 in 25,000 chance to make 1 Btc like this. And to take that chance this requires a tremendous amount of work.

Too much work/time invested, for too little a reward. You could do day labor 3 days for 8h/day and have 1 btc worth of fiat to buy a bitcoin with.


Unsound advice from the OP.

I don't think it's so easy as explained in the OP. Playing with alt. currencies, trading and gaining profit is not easy as it seems. There are lot of factors to consider when you choose the correct alt. currency. Wallet source code, roadmap, developer consideration and presence etc.

TLDR - luck is all you need.  ;D

Pretty much lol...
Altcoin trading is so risky but if you're lucky, you might hit gold
Just invest what you can afford to lose
If it's just from the sig campaigns, can't hurt

It actually isn't likely ::) Show me 1 example of anyone making 1 bitcoin in a week off of ~.005 investment and I might consider taking your Yobit shill just for kicks.  This strategy won't work for anyone at any point in time on the altmarkets and doesn't consider anything but the price when most coins at that price are just falling from the sky into their death.

Any great success stories here yet?

And now what. Yobit include the link of this thread in their new set of signatures in signature campaign. I don't know why they do that.

I see more potential to increase volume trading with include the link of this thread ::)
and he can take profit from fee trading

No, not yet.. Seems like i lost 0.013 in Cryptospot..some newbie suggested that site in this thread :/

yeah, i don't like it either because this thread is not in fact a good tutorial. and it is misleading to a newbie.

It is all about advertising. I think yobit try to advertise their services by some topics like this.

Yeah I know. What I mean is, why linking this thread in their signature campaign that misleads people. Yes more information are state here but Im 100% that this is not guaranteed.

I'm still new to the Bitcoin/Litecoin/Whatever coin game.  I do say, not sure how to do well or if I will even using this, but I'll give it a shot.  Also, this post is to help update my status to more than that of a newbie =P

that is the only possible reason ..loll
This is trading not FIXED DEPOSITS or BONDS so that u can multiply 20x ur premium in a week, he never said what if the price falls by 20x ??
the only good way to trade is to buy one crypto litecoins/clams/doges/redds etc.. and keep it for few weeks and sell at 5-20% profit.

Advertising is like that. You only say the good part of what you want to advertise.

ah yes why do yobit put this thread on the campaign

So how do you know or how will we know if there is interest or demand on that coin for us to buy now and sell later?

Most altcoins which available in two digit satoshi can disappear soon.  So investing on them is too risky.