[TUTORIAL] How to Earn 1 Bitcoin in a Week

[notlist3d]

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.

[subSTRATA]

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.

[notlist3d]

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.

[lissandra]

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.

[pooya87]

~~~
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)

~~~
a net profit of 60,000 satoshis, or a little better than 10% gain of the original investment.
~~~~

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.

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).

[Amph]

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

[notlist3d]

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:

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!

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.

[zecexe]

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.

[Somekindabitcoin]

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.

[notlist3d]

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.

[Somekindabitcoin]

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 :/

[dothebeats]

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.

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.

[notlist3d]

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.

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.

[lolnapp]

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

[Somekindabitcoin]

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

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.

[favdesu]

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

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)

[Herbert2020]

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 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.

[talkbitcoin]

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.

[Za1n]

~~~
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)

~~~
a net profit of 60,000 satoshis, or a little better than 10% gain of the original investment.
~~~~

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.

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).

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.

[mrhelpful]

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.