Quote from: trips3456 on February 19, 2014, 01:59:48 AM

Are you guys cashing out everyday Huh

Ya I'm cashing out every day. Since the price of BTC is lower now than when I bought my trading shares (about 2 weeks ago) I cash out in BTC every day, it buys more BTC than the initial cash conversion was worth when the price is this low.

For the record I'm very pleased with the returns so far. I put in 0.95 BTC (bought me 880.00 worth of shares) and so far I've extracted a little over $100 worth of BTC in profits.

I'd also like to go on record as saying that; while arbitrage clearly has lots of capacity to turn a huge profit I'm pretty nervous. These profits are almost too good to be true. After so many "investments" have gone sour for me in Havelock and Bitfunder I won't be surprised if bitcoin-trader.biz goes "poof" one day. I'll feel less worried in a couple months after I've "recovered" my initial $900 worth of BTC. If I achieve that I'll divide further earnings (and initial capital) between cashing out and increasing my shares.

Anyway, if you want to throw the dice my affiliate code is: https://bitcoin-trader.biz/?ref= [ref removed]

As always it's not my fault if you loose money so don't invest more than you can afford to loose.

On another note. If you buy shares with BTC your shares are denominated in USD. When (if) the shares mature you get that much USD back in your account and you can cash that out in BTC. It's a 120 day term. So if the price of BTC doubles or triples while you are locked in you could get stung by only being able to "buy back" a fraction of the BTC you put in when the initial funds are available. My advice for folks thinking of buying shares is to buy in with USD and cash out profits in BTC. It's the best way to "buy" BTC, and then you get your (more stable) USD back at the end.

heliboy

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