How to make a profit selling BTC?

[adidas]

Best way to easy earn is arbitrage.

[1715230803]

1715230803

[Amph]

Best way to easy earn is arbitrage.

mmh no, i don't think so, arbitrage gains are meaningless, unless you move something like 1k btc or more, but this is too risky for a newbie

[Dotakels]

Best way to easy earn is arbitrage.

mmh no, i don't think so, arbitrage gains are meaningless, unless you move something like 1k btc or more, but this is too risky for a newbie

I think arbitrage is so hard for newbie, they dont know how to do it. I think faucet is the best way for newbie but the greatest way to earn is to join signature campaign.

[CrackedLogic]

I think arbitrage is so hard for newbie, they dont know how to do it. I think faucet is the best way for newbie but the greatest way to earn is to join signature campaign.

I disagree, it is such a simple concept; buy on low exchanges, sell on high exchanges. The only thing that you may encounter problems with are the fees.
Faucets are not used to earn money, faucets are supposed to allow you to get a grip with bitcoin, to allow you to learn how to use it. The only people making
money from faucets are it's operators.

[Dotakels]

I think arbitrage is so hard for newbie, they dont know how to do it. I think faucet is the best way for newbie but the greatest way to earn is to join signature campaign.

I disagree, it is such a simple concept; buy on low exchanges, sell on high exchanges. The only thing that you may encounter problems with are the fees.
Faucets are not used to earn money, faucets are supposed to allow you to get a grip with bitcoin, to allow you to learn how to use it. The only people making
money from faucets are it's operators.

I know that its a simple concept but we are talking about newbies. They are beginner they dont have any idea what will they going to do.

[Cinnob0n]

I'm able to buy btc for bitstamp minus 2 percent locally in Toronto. How can I make a decent income by selling btc?

Sell it Bitstamp +5% at Localbitcoins using non-reversible payment methods (western union, moneygram, cash deposits in your bank, etc...)

This, except sell for bitstamp +20%, you make a lot more money that way.

Don't undercut the competition too hard, it hurts everyone.

You will have to learn everything else on your own but this is the way to do it.

Agreed. Localbitcoins is the way to go. Best payment method to accept would probably be a bank transfer. No chargeback and funds appear fast.

[jayce]

I'm able to buy btc for bitstamp minus 2 percent locally in Toronto. How can I make a decent income by selling btc?

Sell it Bitstamp +5% at Localbitcoins using non-reversible payment methods (western union, moneygram, cash deposits in your bank, etc...)

This, except sell for bitstamp +20%, you make a lot more money that way.

Don't undercut the competition too hard, it hurts everyone.

You will have to learn everything else on your own but this is the way to do it.

Agreed. Localbitcoins is the way to go. Best payment method to accept would probably be a bank transfer. No chargeback and funds appear fast.

You will find it difficult because you likely don't have a good enough rep to sell at the higher rate on local bitcoin, also I have seen the OP is probably not old enough to have a bank account to trade. 15 year old scammer so I hear from a good source. Using just bank accounts now is dangerous unless you want to be questioned what the money is for/from that regularly goes in your account. I sell in cash in person and you get more out of the trade just not as many willing to buy in my local area yet.

[btcsnatcher]

You can make a profit selling BTC simply by cross checking BTC prices that different exchanges and customers are ready to pay... and then you can just go with one you find the most profitable...
You can also wait when the value of BTC exceeds the cost of your investment and then just go for it...
selling at +20% might also be a good way.

[luthermarcus]

it's getting harder and harder to switch between exchanges you need a quick method. All the exchanges i used are synchronizing because more and more people do this.