Quote from: gidobeen on Today at 10:03:14 AM

Quote from: Lucius on Today at 09:59:14 AM

Quote from: gidobeen on May 29, 2020, 08:33:01 PM

Let's give an example of you bought 100 BTC at 9000$ Price and the price went 9010$ in seconds then you sold, so your profit will be 1000$, may 500$ fees, but the another 500$ you made it profit in seconds!

Let's discuss at the point!

One who has the money to invest in Bitcoin $900 000 will not get rich by profiting only $500.

I mean getting loans from people, without interest(sure), then i can make 1 bitcoin in few minutes, then return the money to people, and my deal is success without risk ( as i will hold no more seconds. )

Sure you might be able to loan some money from some friends, but do you want to risk your friendship on something that might not go up for months or even years? The last all-time-high was back in 2017... so who says after you loaned that money to buy bitcoins, the price would not drop and only recover in a few years from today?

A lot of people used their credit cards to buy bitcoins in 2017 and within hours the price dropped drastically, so much so that they had to sell at a massive loss, just to recover some money. My friend do not buy bitcoins with credit or loans, because it is not going to end well for you. Tongue