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arandy (OP)
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August 04, 2015, 10:46:38 AM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit  |
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CEG5952
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August 04, 2015, 10:48:12 AM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit The simplest form of trading "Buy low, sell high". If you use paypal, you will be more likely to lose funds. |
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arandy (OP)
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August 04, 2015, 11:00:22 AM |
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buy low sell high isn't what i'm looking for. I know services like paypal add fees but if i could buy 1 BTC for €255 and sell it for €285 there's room enough for fees and still make a decent profit. The problem is i'm not sure whats the fastest and/or cheapest way.
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Hexcoin
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August 04, 2015, 11:01:17 AM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit buy btc on rate minus 1% and sell btc on rate +2% that way traders are earning atleast 2% of the principal amount they used on buying bitcoins. |
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cryptosun
Sr. Member
 Offline
Activity: 448
Merit: 250
Exchange Your BTC to PM Instantly :)
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August 04, 2015, 11:18:45 AM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit needy people buy btc even @ a premium like if market price is xxx u can take 2 4 or even 5% what ever you like |
Exchange your bitcoins to STP,PAYPAL,SKRIL,And PM.
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erikalui
Legendary
Offline
Activity: 2632
Merit: 1094
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August 04, 2015, 11:46:11 AM |
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Instead of buying low and selling high, there are other methods as well to earn profit while trading and reliable as well. You can offer more payment options while selling BTC like Perfect Money/Skrill and then sell the PM/Skrill for a higher amount of BTC/PayPal which earns you more profit. There are many buyers who offer 5% more while selling their Skrill funds for BTC and hence it's worth trying.
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cashintor1
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August 04, 2015, 11:49:39 AM |
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You can buy Bitcoin and arbitrage it on different exchanges - you buy it low, sell it high.
Your location is important as well and other factors.
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Jorge320
Newbie
Offline
Activity: 42
Merit: 0
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August 06, 2015, 02:30:34 PM |
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Simple, "buy low and sell high" study BTC and start looking for the trends and drivers but most importantly have fun!
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fullypak
Legendary
Offline
Activity: 1456
Merit: 1005
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August 09, 2015, 05:19:08 AM |
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Definitely you can make a profit from buying and selling BTC however you should plan for long term vision. If you plan for short term then it becomes a gambling and in the end you may loose money in this trading.
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bitbaby
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August 09, 2015, 07:53:07 AM |
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buy low sell high isn't what i'm looking for. I know services like paypal add fees but if i could buy 1 BTC for €255 and sell it for €285 there's room enough for fees and still make a decent profit. The problem is i'm not sure whats the fastest and/or cheapest way.
You should be more concerned about Cash-back when dealing with Paypal then worry about their fees. You can do 100 successful trades and one cash-back can put you at loss from what you earned in all of them. Check out localbitcoins and see how others in your country are trading there, you'll have to learn it with trial and error, there's no way around it. |
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jeffthebaker
Legendary
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Activity: 1526
Merit: 1034
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August 09, 2015, 07:57:25 AM |
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You can buy/sell locally on localbitcoins.com with a 10%~ premium either way. It may take a while to build up your reputation but once you have a decent rep you should see a steady flow of trades. People will be willing to buy Bitcoin at 10%/coin more, and sell at 10%/coin less, if you have good reputation.
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ashour
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August 09, 2015, 07:30:48 PM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit Well you can buy bitcoins from exchange A with price A1 and sell it to exchange B with the price of B2 and make a profit. |
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btccashacc
Legendary
Offline
Activity: 1120
Merit: 1000
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August 12, 2015, 01:49:13 AM |
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Simple, "buy low and sell high" study BTC and start looking for the trends and drivers but most importantly have fun!
it is not easy as you say |
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Monopoly
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August 12, 2015, 03:27:59 AM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit Well you can buy bitcoins from exchange A with price A1 and sell it to exchange B with the price of B2 and make a profit. Give some Examples of some exchanges with Large price differences that covers fees of exchange ........ |
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scumbag
Full Member
Offline
Activity: 140
Merit: 100
★Support For PHILIPPINES Sub Forum★
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August 12, 2015, 03:34:58 AM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit you need a stack of bitcoins then sell to those who needs it immediately, specially to those who can't wait a minute to have bitcoins. your usual customers are mostly gamblers who needs bitcoins but will pay you in other forms like paypal, payza, neteller... |
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thimo
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August 12, 2015, 03:46:53 AM |
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buy cheap, sell high
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i can rent this1
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Amph
Legendary
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Activity: 3206
Merit: 1069
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August 12, 2015, 06:42:55 AM |
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i would try to determinate the bottom first or the value that would be valued as the best bottom, for now i think that the best bottom is 250, for example, which mean that i would buy there and sell at 260+
the old bottom was around 220, to know this you need to follow the market closely
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Nizam ibrahim.P.N
Newbie
Offline
Activity: 42
Merit: 0
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August 12, 2015, 01:52:43 PM |
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We can make a wounderfull profit by selling the product with little more than the exact price,The other way to make profit is by 'STRUGGLING' for cheap rate. And people should have the courage for selling the product for higher prices.
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Scaccomatt0
Legendary
Offline
Activity: 1120
Merit: 1000
https://cryptoworld.io
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August 12, 2015, 02:16:05 PM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit The simplest form of trading "Buy low, sell high". If you use paypal, you will be more likely to lose funds. by words it seems easy to put into practice is really difficult, especially for country regulations. |
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zeraTunerse
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August 12, 2015, 02:19:14 PM |
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Was wondering how people do this? Buy BTC for cash, send them to trader, trade back for cash with trader but then i'm lost because i have no good way to get the funds on paypal again. Maybe someone can advise me so i can go to buy BTC for cash here and there and make a profit There is Lot Of ways in Which you can make profit on Trading: Buy BTC when they are at Low Value Hold them for some time sell them in Fragments when there is increase in BTC price , Important: remember to sell them in fragments , doing so will insure you are getting an average Profit on each of your Trade and will help you in getting much profit than selling a whole BTC. |
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