Short Term Profit - buy/sell crypto

lucy · #1 01-14-2021

How about Short Term Profit - buy/sell crypto, example you buy any crypto for say £2 a coin, that coins goes to £10 (£8 profit) you then sell £8 worth of that coin leaving the remaining original £2 in the coin, or is there a better way to make short term profit?

rsot · #2 01-14-2021

Quote:

Originally Posted by lucy

How about Short Term Profit - buy/sell crypto, example you buy any crypto for say £2 a coin, that coins goes to £10 (£8 profit) you then sell £8 worth of that coin leaving the remaining original £2 in the coin, or is there a better way to make short term profit?

If you can deal with the volatility of crypto, sure. Short term stocks works too with some research

Hank · #3 01-14-2021

Everyone from the chancer to the billion pound pension fund is looking to make a quick profit, particularly one which increases five fold in value in your example.

If it was easy money we'd all be at it.

Just be prepared to lose the lot too.

My chosen method of making quick profit is to buy goods from China at $5 and sell for $29.95. There are other ways of making quick money too.

DENDEN76 · #4 01-14-2021

Learn technical analysis. Use the charts to determine buys and sells. The more volatility the better so you can take advantage of price swings. Also learn risk management so you're successful long term

james_112233 · #5 03-02-2021

I gave it a go ... lost £500 already. Probably going to lose the lot.

Crypto is worse than Roulette to me. Should have never put my money in.

rsot · #6 03-03-2021

Quote:

Originally Posted by james_112233

I gave it a go ... lost £500 already. Probably going to lose the lot.

Crypto is worse than Roulette to me. Should have never put my money in.

Rough to hear that :(

james_112233 · #7 03-03-2021

I am an emotional investor, if I see the balance go down I want to sell. I can't do the "ride it out" mantra that everyone keeps saying ...

People have a lot more patience than me.

Freakzilla · #8 03-03-2021

Mine is based on a five year plan or a certain value being achieved. Whatever hits first.

mediainspiron · #9 03-03-2021

Crypto is confusing... I never know if I should join in or sit back and watch the show

rsot · #10 03-04-2021

Quote:

Originally Posted by Freakzilla

Mine is based on a five year plan or a certain value being achieved. Whatever hits first.

^^^ This is a good plan

kinsey · #11 03-04-2021

I resisted crypto and thought it was crazy to buy it back when btc was $7000. I see the trends and its only becoming more mainstream. I know just enough to get myself in trouble with crypto.
My angle is basically I found btc day trader. I bought in with $5000 and am sharing in the profits. Don't recommend anyone go this route unless they trust there partner completely.
With how volatile the market is anyway who knows it could all evaporate.

rsot · #12 03-05-2021

Quote:

Originally Posted by kinsey

I resisted crypto and thought it was crazy to buy it back when btc was $7000. I see the trends and its only becoming more mainstream. I know just enough to get myself in trouble with crypto.
My angle is basically I found btc day trader. I bought in with $5000 and am sharing in the profits. Don't recommend anyone go this route unless they trust there partner completely.
With how volatile the market is anyway who knows it could all evaporate.

Beautiful diversification with group trust indeed

agent006140 · #13 03-06-2021

My chosen method of making quick profit is to buy goods from China at $5 and sell for $29.95. There are other ways of making quick money too.
No such thing as buying gold below spot price,are you sure it is gold?

Hank · #14 03-06-2021

Quote:

Originally Posted by agent006140

My chosen method of making quick profit is to buy goods from China at $5 and sell for $29.95. There are other ways of making quick money too.
No such thing as buying gold below spot price,are you sure it is gold?

What on earth are you on about?

rsot · #15 03-07-2021

Quote:

Originally Posted by Hank

What on earth are you on about?

Morning chuckles

Ebay.slayer · #16 03-07-2021

Crypto gona crash, invest in silver better long term.

Freakzilla · #17 03-07-2021

What is that based on?

Quote:

Originally Posted by Ebay.slayer

Crypto gona crash, invest in silver better long term.

agent006140 · #18 03-07-2021

silver is more than just investment,it is also used in industrial,but it is a by product when you mine other metals,so there is plenty out there.
no one know if crypto going to crash or be specific bitcoins,there is always risk in every type of investment,including your mattress

Hank · #19 03-07-2021

Quote:

Originally Posted by Ebay.slayer

Crypto gona crash, invest in silver better long term.

You pay VAT on silver purchases in the UK, so unless your VAT registered then gold Britannia coins are a better option as they're VAT free.

Hank · #20 05-03-2021

Quote:

Originally Posted by Esther Terry

It is work that you do lying on your mattress and just goes to sleep. After that, the results will come.

I see what you did there, you edited a quote rather than lay your scam link out bare.

Sadly you chose on of 'agents' quotes to manipulate ... nobody ever takes agent seriously nor clicks one of his links.

**ilcarletto** · #21 05-03-2021

Quote:

Originally Posted by Hank

I see what you did there, you edited a quote rather than lay your scam link out bare.

Sadly you chose on of 'agents' quotes to manipulate ... nobody ever takes agent seriously nor clicks one of his links.

LOL, and mods are always patrolling the forum

Optik · #22 06-10-2021

how much money do you make this way?