Bitcoin Forum
June 18, 2024, 08:19:42 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Services / I will day-trade your bitcoins and get you 10% ROI per week. on: December 24, 2013, 11:25:32 PM
That's right. We've all seen how volatile the bitcoin market can be. And while longer-term gains can sometimes be a crapshoot - will it be up 50% or down 50% next month? Who knows! - and mining is too slow and too risky nowadays, it turns out that it's almost criminally easy to get small, quick gains over and over for long-term profit.

A bit about me. I heard about bitcoins years ago, but never really though to get into them until last March/April, when the first "big" bubble to $250/BTC burst and all the news outlets were talking about this strange new virtual currency.

While I was too unfamiliar with BTC to want to invest long term, I did watch several trading floors for a few days, and I noticed one thing that consistently happened: the price per BTC wavered around an invterval of anywhere from 5 to 20 percent back and forth all day. I figured, hey, if I could grab coins at $90, sell them at $93, then buy again at $90 and repeat over and over again all day, I could make a handsome profit. Doing that once gets you about 2% after commissions. Doing it 10 times a day for a week gets you more than double your investment.

Here's what my account looked like on my first day with CampBX, the main platform I use now:


$200 even, ready to trade. Here's what it was at the end of that first day:


Big deal, right? I made $24 bucks for a full day of work. But look at it percent-wise: $24 from a $200 investment. That's just over 10% - and in just one day. If I kept that pattern going, I figured, I could be rich by the summer.

You're not gonna get that kind of ROI from any stock, bond, or even other currency trading out there.

So I began day-trading. Grabbing those tiny gains multiple times day, being patient and steadfast. Sure, I made some mistakes. Okay, a lot of mistakes. But I learned. I learned how to spot the difference between the price falling back to its "normal", and the price falling to a new record low; I figured out how to tell when the price was going up just a few dollars or if it was the beginning of a new climb. I developed rules, like "never leave open buy orders when leaving for long periods of time" or deciding on how much I'd let it fall before I cut my losses. I developed a method.

I was having a pretty good success with it, but one day I was out to lunch with some of my co-workers who had also started to pay attention to Bitcoin around the same time, and they were talking about how they'd lost a bunch of money in the most recent downturn and how it was impossible to make money trading BTC. I told them I'd been able to get a good handle on it, and I offered to day-trade their coins in exchange for a small cut of the profits, just like any stock broker. They were hesitant until I showed them my account and trade history, then they were all for it. My method worked, and we're all a little richer now because of it. And I thought, hey, if I could do it for them - why couldn't I do it for everybody?

And as mentioned, I've refined my day-trading methods over the 9-ish months I've been doing it to where I now can guarantee a 10% gain in a week's worth of trading. So what am I offering you?

It's simple: You send me BTC, I day-trade with them, and you get them back plus 10% in a week. There are three ways I can invest your coins:

1) Short Term. You give me BTC, I give you BTC +10% in a week. Simple, quick, no-nonsense. This method is best for anyone who wants to test my abilities with a small amount before sending a bigger amount. Seriously, try it out with as little as .01 BTC. You'll get .011 back exactly a week later and you'll wonder why you ever doubted me.

2) Recurring. You send me a principle amount, I send you the 10% gain each week until you feel satisfied, then I send the principle back. Good for medium-sized investments, and for those who want a regular paycheck without having to worry or think about it.

3) Long Term. You send me the principle BTC and specify a timetable (1 month, 6 months, etc.); I go to work and give you the entire account back at the end of the period. The advantage with this method is that the 10% per week is compounding rather than simple: say for example you send me 1.0 BTC to invest for a month. The first week I get you 10% of 1.0, for a total of 1.1 BTC. The second week, I get you 10% of 1.1, for a total of 1.21 BTC - which is actually 11% of 1.0, the initial investment. The longer you invest, the more percentage per week you'll accrue.

By the way, doing Long Term for a year turns 1.0 BTC into 142 BTC. Just throwing that out there.

So, what's the catch, I hear you say? What's in it for me? Well it's like I said, you get 10% a week - but if I happen to earn more than that, I keep the rest. So if you send me 10 BTC and I have a good week and end up with 12 BTC, you get 11 BTC and I get 1. Good for you, good for me. Everybody wins!

The other side of this, though, is that it's guaranteed. I am so sure of my abilities at this point that if I for some reason come up short one week, I WILL COVER THE REMAINDER WITH MY OWN MONEY. You will always get 10%. No matter what. Every week. 10%. Period.

One more thing, I will only trade in BTC. You send me coins, I send you coins. I will not transfer USD or any other fiat currency.

So, if you're interested, send me an email at mark.moore1138[at]gmail.com, and we'll discuss the particulars. I don't have an exchange or a website set up cause I'm not a company or a business, I'm just a guy, hoping to make us both some money.

Peace.
2  Other / Beginners & Help / Re: where to buy btc? on: December 24, 2013, 06:02:13 PM
I'd go with a major exchange other than MtGox (because it takes too long).  Maybe CampBX or btc-e?
3  Alternate cryptocurrencies / Altcoin Discussion / Will Dogecoin ever be more than a joke? on: December 24, 2013, 05:53:00 PM
For something that started out as a tongue-in-cheek jab at cryptocurrencies, it's become surprisingly popular.  Do you think Dogecoin will ever become on of the "big" altcoins, or will it fade like so many of the rest?
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!