Anyone into Trading Online Currency?

by BrianBPerez

Posted: 10 years ago 18 replies

OFF TOPIC

Just want to know if there are members out here who are trading online irreversible currencies such as Perfect Money / WMZ / Crypto Currency ( Bitcoin. Litecoin) Paypal and LR ( Well Lr has been gone but that's just an example)

#currency #online #trading

BrianBPerez 10 years ago

Really can't believe there are not much people that are in the market for this here.
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- AntonioSeegars1 10 years ago
  
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  BrianBPerez 10 years ago
  
  Originally Posted by AntonioSeegars1
  
  I've been looking at the Bitcoin market, but I'm getting the feeling it's a financial bubble, like the technology bubble in the 2000s.
  
  Every section of business has a market volatility and we can't change that or predict what's good and whats bad that's why that's the thrill in marketing and starting a business or venturing to establish one as there is a risk involve in every decision you make ( Well that's just my opinion as im a thrill seeking guy and want to experience new things and understand things clearly and how the market works or the niche works) . Plus the crypto currency just recently bloomed so that's why theirs a financial bubble but it will settle just as the technology market in early late 90's to early 2000's
  
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Spree Ads Banned 10 years ago

Hey man Glad i see a fellow Online Currency trader here.

yeah have been up on the market but the market is really volatile as because of the Crypto Currencies coming in. But still a profitable market.

Cheers
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naidyphoon 10 years ago

I used to trade a little on OANDA , not anymore now.
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oWriter Banned 10 years ago

I haven't done it but I know someone who buys PayPal in exchange of hard cold cash
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- XponentSYS 10 years ago
  
  Okay...
  
  Originally Posted by oWriter
  
  I haven't done it but I know someone who buys PayPal in exchange of hard cold cash
  
  There's a strong possibility I'm a jack-ass here but what does it mean to "buy PayPal in leu of cash..."
  
  I've been doing this full time north of a decade and the ONLY way I know PayPal is as a vehicle with which one conducts a monetary transaction?
  
  Am I "in the dark" about something?
  
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  1 reply
  
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  agmccall 10 years ago
  
  This thread should be in the off topic section of the forum
  
  I went ahead and reported to the moderators to have it moved for you.
  
  al
  
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BrianBPerez 10 years ago

Thank you man.

So anyone here into trading online currencies
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BitcoinCorporationNet 10 years ago

The Bots we've created accumulate Altcoin Gains no matter what direction the market goes.

BC
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- Mark Maffei 10 years ago
  
  Originally Posted by BitcoinCorporationNet
  
  The Bots we've created accumulate Altcoin Gains no matter what direction the market goes.
  
  BC
  
  Open source?
  
  Thanks
  
  1 reply
  
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  BitcoinCorporationNet 10 years ago
  
  Originally Posted by Mark M. Bravura
  
  Open source?
  
  No, not at this time.
  
  BC
  
  Thanks
  
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jacktackett 10 years ago

I'm mining bit and script based now. Not a lot, just getting my feet wet. To be honest these currencies are too volatile to trade for me at this time, but I am following the various arbitrage patterns, will be interesting to see what happens if/when mtgox gets back to allowing withdraws.
Jack
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Ebi Truz

Banned 10 years ago

[DELETED]

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sbucciarel Banned 10 years ago

Originally Posted by Ebi Truz

Is it true that an average joe can earn 5 figue a month? Risks are there? what will be the investment for that? and what time to be spent for that?

If it were true, wouldn't everyone here be doing it?
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Mark Maffei

10 years ago

Originally Posted by Ebi Truz

Hi, Can you explain more about this fancy selling line? ""The Bitcoin Arbitrage Method - This extremely lethal method would land the average joe in JAIL, or shot dead - but you get all the secrets of becoming a bit coin arbitrager that makes a full time 5-figure income each month"" Is it true that an average joe can earn 5 figue a month? Risks are there? what will be the investment for that? and what time to be spent for that?

Minus the Marketing Hype: The arbitrage part is absolutely true (i.e. Bter / Cryptsy). This is precisely the featured topic I'll be covering in Tao of Bitcoin #3.

However, as for the "five figures" part... that whole-heartedly depends on your trading knowledge (i.e. able to fluently read Candlestick Charts, etc.) and your appetite for risk (.vs your hedging strategy).

3 - 4 figures is not a stretch if you actually know what you're doing and have a knack for this sort of thing (liken it to the patience of duck hunting or golf).

If you realistically hope to achieve 5 figures a month as a crypto day trader, you need to into it eyes wide open and treat it like a real business, not merely some hobby.

Thanks

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sbucciarel

Banned 10 years ago

... and then there's this
Where Did the Bitcoins Go? The Mt. Gox Shutdown, Explained - Businessweek

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Kay King

10 years ago

Exactly - and another good article:

Bitcoin virtual currency is on verge of collapse - latimes.com

Risks are there?

Of course - high risk. And some will profit and some will lose. Nothing new there.

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Mark Maffei

10 years ago

Originally Posted by Kay King

Exactly - and another good article:

Bitcoin virtual currency is on verge of collapse - latimes.com

Of course - high risk. And some will profit and some will lose. Nothing new there.

Risks? Both crypto and fiat are risky, albeit for two entirely different sets of reasons.

As for the media hyperbola of the above article, BTC has not only stabilized since the Mt. Gox Disaster -and- is slowly back into an upswing. And while Mt. Gox (and all centralized exchanges, for that matter) really need to go away, my bet is still on BTC.

Not only will it continue to stabilize, and again increase in value... it will once again (4th time when it happens again) cross the four figure mark on it's continued ascent.

Thanks

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workoutstuff1 10 years ago

I've been looking into bitcoins, but haven't started investing in it as of yet.
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Anyone into Trading Online Currency?

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