Ninjastic
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Board Trading Discussion
Re: If You Had 20Bitcoin To Trade With...
by
SmartIphone
on 31/08/2016, 22:12:28 UTC
Quote from: NetFreak199 on August 23, 2016, 11:35:09 AM
Quote from: SmartIphone on August 20, 2016, 02:40:32 PM
Quote from: Mzie on August 04, 2016, 01:07:01 PM
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.
Agree even we know you can have it in trading there is still a risk that you can't get it in one trade so do not expect you can have it in a single trade actually a chance of loosing is high % in you just take a risk when you start a trade.

If we check poloniex 24-hours trading volume we can see how much money is being traded everyday and how much profit does this exchange get.
So in avg of 0.2% on fee poloniex makes good money, but we should know that to reach the popularity that has today is not easy and didn't started with 20 bitcoins.