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
How to earn 1 BTC in a week
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 , you will earn 0.00007
BTC/post, you can post about 20 posts /day, so that's 0.0014
BTC/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/
- 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)
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.
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 trade5) 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!
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 .
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