So you sell 200 BTC that costs 10,000$ with a profit of 300$ in 10 days.
this is 3% profit - 10300$.
But after 10 days those 200 BTC can easily be 10400$ and in that case you lose 100$.
(BTC did 800% in the past year which is much more than 4% every 10 days. making 3% every 10 days, accumulating, is less than 200% a year )
10-15 days is too much...
Assuming the market keeps rising, as is, you are suggesting I just buy
BTC200 and just let it sit there while the prices rise.
I find this logically flawed. One, I have not lost $100. If I start with $10,000 and end up with $10,300 I have made $300. Period.
Two, bitcoin will (and always has) corrected its market price. Sure you can make money by hoarding, but it is not secure. The profit I make is 100% secure. I don't loose money if the market crashes.
What if I buy $10,000 and the market corrects itself and crashes, and I loose $5,000?
I still don't understand why people thing bitcoin is some magical get rich quick thing, that you can just pump money into and get more money out of.
Well ,regarding the market correction I guess you are right for the long term but you can't ignore the fact that you would have done a lot more money if you just hoard your money in the past year, not to mention the time and effort.... If bitcoin will succeed, hoarding will continue to be a better investment for the next few years also.
Of course you are right about the security part.
So, if I combine your arguments with mine I would do this:
Instead of large cycle of 500BTC where the BTC can be sold in 2 days and then you wait another 8 days and perhaps "lose money" because BTC go up fast,
you should limit the amount of total bitcoins you sell per day, lets say no more than 50BTC total per day.
at the end of each day you begin the 10 day cycle for the amount earnd at that day only. Now instead of a large amount of money cycling every 10 days
you have 10 small cycles (everyday after all BTC are sold for the day you start a new cycle).
so each day you get some money from 10 days ago and also withdraw some money back.
You can update every few minutes how much BTC are letf to sell for the day and show it on your website.
Some of the profit will go back to the stock so you can keep selling 50BTC like the day before (or maybe more!).
Now, if BTC raises fast you will not "lose" anything because each day you will sell BTC at the updated value.
Just a general idea, didn't think about the small details, but this way you are also secured from fast BTC raise of value!
