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Author Topic: [TUTORIAL] How to Earn 1 Bitcoin in a Week  (Read 94822 times)
ikydesu
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July 18, 2015, 12:07:04 PM
 #41

Quote
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.

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.
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July 18, 2015, 01:02:10 PM
 #42

Just invested some BTC and bought one CGN ( just trying', it's expensive ) and 3000 XRA.
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July 18, 2015, 02:46:52 PM
 #43

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.

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

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
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July 18, 2015, 03:50:11 PM
 #44

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 Tongue, 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.

IMHO #1.b of suspects, Hal Finney is/was S.N.
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July 18, 2015, 05:47:57 PM
 #45

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"...

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July 18, 2015, 05:57:00 PM
 #46

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
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July 18, 2015, 06:42:26 PM
 #47

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

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July 19, 2015, 01:52:13 AM
 #48

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"...

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.

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July 19, 2015, 02:45:35 AM
 #49

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

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July 19, 2015, 03:50:12 AM
 #50

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

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.

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

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.

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July 19, 2015, 07:23:56 AM
 #51

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

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.

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

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
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July 20, 2015, 03:21:04 AM
 #52

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 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...
 Grin

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?

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July 20, 2015, 03:24:21 AM
 #53

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.

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July 20, 2015, 03:43:47 AM
 #54

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?
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July 20, 2015, 03:49:54 AM
 #55

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

Quote
Step 3: Buy up altcoins below 100 satoshi
..snip..
Step 4: Wait 1 -2 days, and sell it for not less than 450-500 satoshi

That's all you have to do folks!  Cheesy Cheesy

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July 20, 2015, 05:24:16 AM
 #56

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

Quote
Step 3: Buy up altcoins below 100 satoshi
..snip..
Step 4: Wait 1 -2 days, and sell it for not less than 450-500 satoshi

That's all you have to do folks!  Cheesy Cheesy

So simple... now there is two examples

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.
etc...

Maybe has something to do with MTLMC3 being down 37 percent.  Which was original example
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July 20, 2015, 08:01:03 AM
 #57

Guys you should buy some KimJongUnCoin to get the most out of it!
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July 20, 2015, 08:16:52 AM
 #58

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?

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.


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Amph
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July 20, 2015, 08:21:25 AM
 #59

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

Quote
Step 3: Buy up altcoins below 100 satoshi
..snip..
Step 4: Wait 1 -2 days, and sell it for not less than 450-500 satoshi

That's all you have to do folks!  Cheesy Cheesy

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
Proxiebuier
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July 20, 2015, 08:23:48 AM
 #60

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