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Author Topic: Interview with a Bitcoin Trader Making $10,000 a month  (Read 2211 times)
Kenshin (OP)
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January 20, 2014, 11:27:14 PM
 #1

Very interesting short interview.

http://youtu.be/o9_BGqDuHjA
virtuexru
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January 20, 2014, 11:29:25 PM
 #2

Very interesting short interview.

http://youtu.be/o9_BGqDuHjA

Guy sounds like a f#*%ing tool imo.
Kenshin (OP)
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January 20, 2014, 11:39:04 PM
 #3

But he make more money than you and me.  Tongue
hilariousandco
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January 20, 2014, 11:40:45 PM
 #4

Very interesting short interview.

http://youtu.be/o9_BGqDuHjA

Guy sounds like a f#*%ing tool imo.

Haha. "It [Bitcoin] remined me of something I had thought of". Of course it did, mate.

But he [claims to] make more money than you and me.  Tongue

Fixed.

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Kungfucheez
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January 20, 2014, 11:41:34 PM
 #5

Don't have sound on my computer, did he say how much he started with? Or was he an early adopter?
hilariousandco
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January 20, 2014, 11:46:08 PM
 #6

Don't have sound on my computer, did he say how much he started with? Or was he an early adopter?

Nah, he didn't say. Wasn't a very good or interesting interview to be honest.

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Kenshin (OP)
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January 20, 2014, 11:53:03 PM
 #7

He said he only got into trading bitcoin in localbitcoins since about 2 months. Now he make $10k a month, so he quit his programming job.
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January 21, 2014, 01:58:42 AM
 #8

He said he only got into trading bitcoin in localbitcoins since about 2 months. Now he make $10k a month, so he quit his programming job.

A little shocking, eh?  I can admit that I'm a bit shocked (and skeptical).
jonanon
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January 21, 2014, 02:30:13 AM
 #9

Sounds all well and good but he should show some proof on top of that  Smiley
Kenshin (OP)
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January 21, 2014, 02:40:03 AM
 #10

Sounds all well and good but he should show some proof on top of that  Smiley

I think the only way is to be a trader on localbitcoins and found out if this is true. Unfortunately I don't have the patient in becoming a trader on localbitcoins.  Smiley
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January 21, 2014, 05:04:42 AM
 #11

You know, true or not, $10k a month is very good money but it's not "fuck you" money.

I'm not even sure I'd quit my regular job with an extra $10k a month, though working less hours would be sweet.
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January 21, 2014, 11:53:19 AM
 #12

Was recorded on or before Oct 2013.

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January 21, 2014, 12:08:02 PM
 #13

If bitcoin price is growing steadily, everyone can trade. High price fluctuations difficult to buy/sell these currencies.
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January 21, 2014, 01:17:50 PM
 #14

Given the higher price you can sell for on localbitcoins when you have a decent reputation it certainly seems doable to make $10,000 a month. But it also requires a large investment up front.  I haven't done the math on it so I could very well be wrong but just off the top of my head you'd need like $100,000 or to start pulling those type of profits right away. 10% profit margin isn't unthinkable on localbitcoins.

Hourly bitcoin faucet with a gambling twist !  http://freebitco.in/?r=106463
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January 21, 2014, 04:34:24 PM
 #15

To be honest, 10k$ a month does not sound that impressive to me. Nevertheless, making a constant profit with Bitcoin trading is something you see only rarely

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January 21, 2014, 04:38:24 PM
 #16

$10,000 a month is a lot if you do the maths and also there's so much you can do with the money you have left over, not very many people get that kind of income monthly.
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January 21, 2014, 04:52:47 PM
 #17

Was recorded on or before Oct 2013.

He-He I see what you did there  Wink

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January 21, 2014, 05:35:46 PM
 #18

Very interesting short interview.

http://youtu.be/o9_BGqDuHjA

Guy sounds like a f#*%ing tool imo.

Major fkin tool!
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January 21, 2014, 06:01:46 PM
 #19

How does one even make that much money anymore? Unless there is a huge spike in bitcoin, and you sell it for more
than you paid for it, how does one even make 10k as a normal person with normal savings? Perhaps day trading between
the other crypto currencies? But then he says just on localbitcoins so I'm confused now...
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January 21, 2014, 06:05:53 PM
 #20

Definitively doable for top sellers on localbitcoins, check localbitcoins seller margins...

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