theecoinomist
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November 21, 2013, 09:07:18 PM |
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If you have a bank account in EU and Hong Kong it should be doable. Just split your funds so you can buy up coins in EU right after you sold in China. If you have to wait for wire transfers etc, any swing end price could wipe out your profits
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cowandtea
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November 22, 2013, 02:47:45 PM |
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What about sell it now since its high and sell it when its low...
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niothor
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November 22, 2013, 04:10:08 PM |
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Yeah, I meant safe, not save. But it is pretty safe. In what way is it not? I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.
probably you wanted to say "safe" not save. In any case , no it's not Do that with mtgox , I'm sure your usd are safe there
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chr0npiles
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November 22, 2013, 05:13:34 PM |
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Yeah, I meant safe, not save. But it is pretty safe. In what way is it not? I have to say, arbitrage is a pretty save bet. You only get 1-2% a trade, but its safe.
probably you wanted to say "safe" not save. In any case , no it's not Do that with mtgox , I'm sure your usd are safe there Yeah, exactly. I'd love to take advantage of the arbitrage opportunities that appear to be available through the different exchanges, but there is pretty significant barrier to entry in the difficulty of quickly funding certain exchanges and being able to withdraw fiat from others. That said, you could really take advantage of arbitrage opportunities by purchasing on an exchange and then selling on localbitcoins.
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dwdoc
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- - -Caveat Aleo- - -
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November 24, 2013, 02:33:28 AM |
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Sell 2BTC at 800. Buy 4BTC at 400. Rinse. Repeat.
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niothor
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November 24, 2013, 03:35:46 PM |
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Sell 2BTC at 800. Buy 4BTC at 400. Rinse. Repeat.
I'll buy 4btc from you at 400. Are you selling? =)))))
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R0yalAir
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February 05, 2014, 05:02:14 AM |
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mistercoin it's not easy but you have to work harder to turn 2BTC into 4BTC
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jmerme01
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February 05, 2014, 11:50:55 AM |
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1'st rule of trading; sell for more than you paid + fees every time. A doubling of your money can take 6 trades in one minute or 3 months, that depends on the market being wild enough while you look at the ticker.
Trading is not hard, just take luck out of your calculations meaning don't trade on what you think will happen, BUT ON WHAT HAPPEND! Very important that last point, then you wont ever loose money on a trade.
That is a bit like saying "the first rule of roulette is to make sure to put your chips down on the numbers that will be picked."
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BTC: 1DnLB9AvyWjke2QVMW94Nx56HhWHFkdwVW (donations appreciated!)
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roslinpl
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February 06, 2014, 09:59:30 PM Last edit: February 07, 2014, 02:13:43 AM by roslinpl |
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Grab a part time job, and use the funds to buy more BTC?
Seriously though, probably no safe fast way.
Tottaly agree. There is no safe and fast way to turnover your ammount into double that. As you should know. High profit from investitment always comes together with risk. Fast way and about 50% of chances ; bet 2btc . Use casino ( PrimeDice for example )
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DrHerbSmoker
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February 06, 2014, 10:49:29 PM |
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you could always take up poker. id invest some time into learning the game. you could make a decent roi pretty safely.
pm me for more information on it if ud like
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Dafar
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dafar consulting
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February 07, 2014, 02:09:31 AM |
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Not sure if anyone mentioned it already but the best way to increase your BTC is through ALT coins... there are so many alts that jump 100-1000% every week.
coinedup, mintpal, and cryptsy has cheap alts.
The best ones to find are the ones that are around 1-4 satoshi, and do your research to see if the devs are good and if they have any kind of potential... those make the best profits.
MEOW went from 1 satoshi to 100+, now it's back down around 50 but it's still a good buy imo
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roslinpl
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February 07, 2014, 02:16:00 AM Last edit: February 07, 2014, 02:08:40 PM by roslinpl |
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Not sure if anyone mentioned it already but the best way to increase your BTC is through ALT coins... there are so many alts that jump 100-1000% every week.
coinedup, mintpal, and cryptsy has cheap alts.
The best ones to find are the ones that are around 1-4 satoshi, and do your research to see if the devs are good and if they have any kind of potential... those make the best profits.
MEOW went from 1 satoshi to 100+, now it's back down around 50 but it's still a good buy imo
it is risky but big profit. OP was asking about method with minimum risk of losing his BTC Invest into alt if quite risky. Some of them gone with the wind faster than we could imagine
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Dafar
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February 07, 2014, 02:25:46 AM |
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Not sure if anyone mentioned it already but the best way to increase your BTC is through ALT coins... there are so many alts that jump 100-1000% every week.
coinedup, mintpal, and cryptsy has cheap alts.
The best ones to find are the ones that are around 1-4 satoshi, and do your research to see if the devs are good and if they have any kind of potential... those make the best profits.
MEOW went from 1 satoshi to 100+, now it's back down around 50 but it's still a good buy imo
it is risky but big profit. OP was asking about method with minimum risk of losing his BTC Invest into alt if quite risky. Some of them gone with the widn faster than we could imagine oh ok, people were mentioning bitbet and poker and shit like that... that seems far more sketch and risky than doing some research and investing in alts
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roslinpl
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February 07, 2014, 02:09:38 PM |
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Alts are like penny stocks. boom one day, bust the next. On bitbet you can make a very educated bet. For example" bitcoin and litecoin will lead all virtual coins in market cap throughout 2014."
you are 99,9% right. Alts are risky - but high profits if you have bullseye Best and minimum risk investitment = buy BTC. Wait 1 year.
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Dafar
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February 07, 2014, 02:17:07 PM |
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Alts are like penny stocks. boom one day, bust the next. On bitbet you can make a very educated bet. For example" bitcoin and litecoin will lead all virtual coins in market cap throughout 2014."
That sounds like a risky bet to me... bitcoin is ok but I'm not sure about litecoin
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roslinpl
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February 07, 2014, 02:55:52 PM |
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Alts are like penny stocks. boom one day, bust the next. On bitbet you can make a very educated bet. For example" bitcoin and litecoin will lead all virtual coins in market cap throughout 2014."
That sounds like a risky bet to me... bitcoin is ok but I'm not sure about litecoin none of alts are safe even bitcoin is not 100% safe but IF you want to invest into crypto - bitcoin if safest option around. Alts are way too crazy
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Sonny
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February 07, 2014, 04:26:15 PM |
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Alts are like penny stocks. boom one day, bust the next. On bitbet you can make a very educated bet. For example" bitcoin and litecoin will lead all virtual coins in market cap throughout 2014."
That sounds like a risky bet to me... bitcoin is ok but I'm not sure about litecoin none of alts are safe even bitcoin is not 100% safe but IF you want to invest into crypto - bitcoin if safest option around. Alts are way too crazy Agree. Too many pump and dump for alts.
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keithers
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This is the land of wolves now & you're not a wolf
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February 07, 2014, 04:28:31 PM |
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The best way i have turned 2 btc into over 4 btc was to buy ltc when the ltc/btc ratio is the lowest, and then just sit on it.
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Sonny
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February 07, 2014, 04:35:42 PM |
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Send me the 2BTC ... I'll send you back 4 BTC ... PM me for address lol Go to a online casino supporting bitcoin payment, buy some chips and go to a single zero roulette game, bet all on RED: 47.3% chance to double it Or you could just play on jd or primedice & double it up with a 49.5% chance lol easy, fast, fun and fair
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