Post
Topic
Board Trading Discussion
Re: If You Had 20Bitcoin To Trade With...
by
pooya87
on 21/08/2016, 05:21:09 UTC
What would be your ultimate strategy to trade safely with 20BTC, cashing in a minimum of 1BTC a day. Also what would be the altcoin of your choice to trade in?

Earning 1BTC a day? Create an exchange, lists most of the altcoins and see if people trade up to 500BTC a day and with a 0.2% fee you earn 1BTC every day Smiley
Otherwise trading bitcoin to fiat or to altcoins still needs time to reach 1BTC but not within a day.

interesting thing about the fees, i recently realized that exchanges are receiving twice the amount you say they receive (2x 0.2%) because in fact they are receiving the fee from two people: 1) the seller 2) the buyer. both of them are paying a 0.2% fee (0.25% in some cases) so the exchanger is receiving a 0.4-0.5% fee on each trade.