Starting my journey with BTC, hello from Delhi, India

[layover_guy]

Hello fellow members,

I am a newbie when it comes to bitcoin and starting this Journey effective today October 22nd 2017 Sunday morning, tucked in my bed ready to sleep and thought i would just introduce myself and my strategy.

Why am i getting into BTC?
It's pretty simple, when you make some money you have appetite for some risky involvements. I am willing to risk a certain % of my net worth by investing in BTC as it seems like a opportunity with less risk and more rewards, specially when its somewhat proven in mainstream.

What is my plan?
At first i was thinking of just buying BTC with all surplus cash i have that i am willing to invest for about 6 months to a year and then move the money/profits to a more solid investments, but as i am spending more time here i can see myself doing 2 more things... First would be arbitrage, and thats because i have connections at the airport (Stolen from wall street). What  mean is, i  have bank accounts in various countries, so if some one wants to sell BTC in India and need cash right now, i can charge them a vig and provide that and vice versa in couple of other countries (If not allowed here to discuss, let me know). Another way, i am thinking that i would like to get involve is minning and that comes in place because i already have an office with IT room that gets uninterrupted power supply & 24 by 7 Air conditioning for servers, so i can probably squeeze some S9s there without adding any real cost of real estate, air conditioning.
If there two don't work up, i will still be very happpy to be a buy and hold investor.

What makes me think this will grow?
I think most of you here are more educated than me when it comes to Crypto currencies and you already know the answer but my 1 liner here is. This can become mainstream and if it does, right now we can purchase it for pennies on a dollar.

Why am i on this forum?
network, network & network. in any business i think networking is 70% of the game if not more. I am here to learn from others and meet other players in the game. Please pm me if you want to grab a coffee or a drink in NCR area and you feel you have an opportunity to discuss.

Looking forward to learning from you guys and networking with one another. I think as of next week, i will be ready to buy around 2 BTCs with INR cash, so if anyone wants to sell under value, let me know (again, if this is not allowed on the forum, i apolozige and let me know so i can stop this).

[glowing10]

Welcome to the world of btc. What is your background and are you still a college student or done with it.  Also why are you willing to buy in Cash and just for information if you require in cash you will have to pay a premium and may not get at a discounted price for btc. Also is it your own bank account in different countries or friends /relatives?

[layover_guy]

Welcome to the world of btc. What is your background and are you still a college student or done with it.  Also why are you willing to buy in Cash and just for information if you require in cash you will have to pay a premium and may not get at a discounted price for btc. Also is it your own bank account in different countries or friends /relatives?

I have business background, IT related businesses for last 10 years or so.
The reason I want to buy in cash is because I have sitting on a lot of cash on hand these days plus I don’t want to get into taxation of it until I do more research.

I didn’t think buying in cash would be harder, if anything I thought I could provide this as a service to people who wants to cash out and need immediate cash. So they don’t mind paying a small wig.

These are all my own bank accounts, personal and business.

[100bitcoin]

Statutory Warning: Lots of scammers are there on this forum. It is better to trade on LocalBitcoins.com and pay 1% escrow fee than trading here.

[1NV3ST0NM3]

Hello fellow members,

I am a newbie when it comes to bitcoin and starting this Journey effective today October 22nd 2017 Sunday morning, tucked in my bed ready to sleep and thought i would just introduce myself and my strategy.

Why am i getting into BTC?
It's pretty simple, when you make some money you have appetite for some risky involvements. I am willing to risk a certain % of my net worth by investing in BTC as it seems like a opportunity with less risk and more rewards, specially when its somewhat proven in mainstream.

What is my plan?
At first i was thinking of just buying BTC with all surplus cash i have that i am willing to invest for about 6 months to a year and then move the money/profits to a more solid investments, but as i am spending more time here i can see myself doing 2 more things... First would be arbitrage, and thats because i have connections at the airport (Stolen from wall street). What  mean is, i  have bank accounts in various countries, so if some one wants to sell BTC in India and need cash right now, i can charge them a vig and provide that and vice versa in couple of other countries (If not allowed here to discuss, let me know). Another way, i am thinking that i would like to get involve is minning and that comes in place because i already have an office with IT room that gets uninterrupted power supply & 24 by 7 Air conditioning for servers, so i can probably squeeze some S9s there without adding any real cost of real estate, air conditioning.
If there two don't work up, i will still be very happpy to be a buy and hold investor.

What makes me think this will grow?
I think most of you here are more educated than me when it comes to Crypto currencies and you already know the answer but my 1 liner here is. This can become mainstream and if it does, right now we can purchase it for pennies on a dollar.

Why am i on this forum?
network, network & network. in any business i think networking is 70% of the game if not more. I am here to learn from others and meet other players in the game. Please pm me if you want to grab a coffee or a drink in NCR area and you feel you have an opportunity to discuss.

Looking forward to learning from you guys and networking with one another. I think as of next week, i will be ready to buy around 2 BTCs with INR cash, so if anyone wants to sell under value, let me know (again, if this is not allowed on the forum, i apolozige and let me know so i can stop this).

Welcome to an all new universe. I really acknowledge the idea you thought of but I doubt that its a good plan. I dont think you are first who has thought of it. What you require is a good platform such a website or app. Mere posting on btctalk isnt going to fetch you much.

[glowing10]

Statutory Warning: Lots of scammers are there on this forum. It is better to trade on LocalBitcoins.com and pay 1% escrow fee than trading here.

Precaution is better than cure. So trading online with using the escrow service is highly recommended so that you do not fall in any of the scam and lose out your money. As more trades you do over a period of time you would realize this fact.

[layover_guy]

Statutory Warning: Lots of scammers are there on this forum. It is better to trade on LocalBitcoins.com and pay 1% escrow fee than trading here.

After spending a day or so on this site, I realize that this isn’t really the best place to connect with people for offline tradings as there are tons of scammers here.

I was and still planning on only doing face to face transactions in Delhi area in my office or in a public place for decent chunks of money. I will obviously educate myself how to verify transactions and all the nuts and bolts before I start the actual money exchange

[cryptoheadd]

If you'd like to meet-up, I'd definitely be interested in networking to explore synergies.
Let me know if you're interested.

[layover_guy]

Welcome to an all new universe. I really acknowledge the idea you thought of but I doubt that its a good plan. I dont think you are first who has thought of it. What you require is a good platform such a website or app. Mere posting on btctalk isnt going to fetch you much.

Which part of this is not a good plan?

I never said I am the first one to think of any of the items I mentioned (mining, trading, arbitrage etc). In fact I have never done anything in any business where I was the first one to think of the idea. I just saw an opportunity and worked hard on it. Actually now that I am thinking about it, as a kid also I never did anything where I was the first one to do it, going to school? Already invested by others, playing sports, already others did it, golfing, tiger woods taught the world but guess what? I was very very good at all of those things.

Website or app - takes literally an hour to put together a very nice website and app. What does that achieve?

Don’t plan on more talking on btctalk

Thanks for stopping by

[layover_guy]

If you'd like to meet-up, I'd definitely be interested in networking to explore synergies.
Let me know if you're interested.

absolurtely,  near cyber Hub Gurgaon and I am usually in that area after 7 pm till around 1 am, that’s if I am not Travelling.

Send me a pm and let’s grab a beer or coffee this week, I am not available on wekeneds

[SixOfFive]

First of all, Welcome to the Crypto-world. It is nice to see that more and more people in INDIA are getting aware about crypto market and also willing to invest their money in it. Your plan seems to be nice...If you invest for an year, BITCOIN will definitely touch $10K value till july'18.

[layover_guy]

First of all, Welcome to the Crypto-world. It is nice to see that more and more people in INDIA are getting aware about crypto market and also willing to invest their money in it. Your plan seems to be nice...If you invest for an year, BITCOIN will definitely touch $10K value till july'18.

Thanks for the kind words.