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  1. #3811
    Kevin Shiel's Avatar
    Kevin Shiel is offline Administrator Community Builder
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    Pretty much everyone I know is investing in trading virtual currencies and we are making a killing. You do not want to be buying BTC/LTC, not unless you have a ton of money to really make a decent profit. Right now the currencies offering the best returns are PPC/NMC. The best time to buy is in the evening when the prices drop to like $5.5/PPC and then during the day rise to 7.5/PPC, a good $2 return per coin. Invest $1k like right now when an exchange such as btc-e.com lists PPC for $5.5, gives you 1000/5.5 = ~181 PPC's, then sell during the day when trading picks up, prices rise to about $7-$7.5, and you can make ~181 * $7.5/PPC = $1363 - $1000 in expenses = a return of ~$363 to give you an example (Not including trading fees). During the day the trick is to time things right so you buy as many coins as you can and try to gain $0.10 to $0.20 or $0.30/coin.

    The problem with LTC is it's too expensive for smaller people, but the same trick applies during the evening. If you have a few $k to invest, it would be wise to start investing before too many people beat you to it. I just wish I had the guts to invest a few $k more than I am now. It's still a gamble but as the days go on I'm learning more tricks about working on each exchange.
    For every evil man out there like Tazmo, there is a better man trying to stop him. Visit StopTazmo.com and talk about Manga 24/7.

  2. #3812
    BlueDemon is offline Senior Member Community Builder
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    As I said, I know you can make a profit, but you really need to know what you're doing and to keep track of the exchange rates etc.
    Gotta study now, don't have time for that

  3. #3813
    R3dKnight is offline Senior Member Community Builder
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    a few $K?
    lol, most of us manga leachers aren't that rich to begin with

    If only I understand /g/ and how exactly crypto currency work, 2 years ago
    I would have invest in some BC

  4. #3814
    Kevin Shiel's Avatar
    Kevin Shiel is offline Administrator Community Builder
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    Quote Originally Posted by BlueDemon View Post
    As I said, I know you can make a profit, but you really need to know what you're doing and to keep track of the exchange rates etc.
    Gotta study now, don't have time for that
    Yes, you are right about needing to know what is being done or you could lose serious money. It's really like Gambling though, knowing when to take losses and re-invest.

    Quote Originally Posted by R3dKnight View Post
    a few $K?
    lol, most of us manga leachers aren't that rich to begin with

    If only I understand /g/ and how exactly crypto currency work, 2 years ago
    I would have invest in some BC
    You can start small, it will just take much longer to earn decent returns. For example on BTC-E, you can buy some virtual currency coins for $5-$6 and trade with those to make a little money, as you increase your profit, you will be able to buy more and more coins. I knew about BTC long ago, and could have bought in at $20, even after I saw the price though I knew LT was going to be big at around $1/LTC but I did not buy and now it's at ~$37/LTC. I could be rich if I were smarter so it's upsetting in some ways.
    For every evil man out there like Tazmo, there is a better man trying to stop him. Visit StopTazmo.com and talk about Manga 24/7.

  5. #3815
    Stuyvesant is offline Senior Member Always Around
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    It is a gamble, but what the hell, none of us are old and worried about retirement or any crap like that. If you were on a retirement plan, it would be in the 'high risk' phase anyways. No reason not to gamble. Just do your homework, and do all of it yourself. If you have to pay fees to someone else for buying/selling stocks or whatever, it's seldom worth it unless you're a high income individual and can negotiate with them.

    There is no point in worrying about having missed the boat on this. With the way the markets have been going in the last few years, it would've been massively risky to have heavily invested here.

    Anyways, only put in as much as you're willing to lose and it will be fine.

  6. #3816
    R3dKnight is offline Senior Member Community Builder
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    or you could just do work in your free time for those precious bitcoins
    http://bittask.com/

    which I think is saver.

  7. #3817
    Kevin Shiel's Avatar
    Kevin Shiel is offline Administrator Community Builder
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    Quote Originally Posted by Stuyvesant View Post
    It is a gamble, but what the hell, none of us are old and worried about retirement or any crap like that. If you were on a retirement plan, it would be in the 'high risk' phase anyways. No reason not to gamble. Just do your homework, and do all of it yourself. If you have to pay fees to someone else for buying/selling stocks or whatever, it's seldom worth it unless you're a high income individual and can negotiate with them.

    There is no point in worrying about having missed the boat on this. With the way the markets have been going in the last few years, it would've been massively risky to have heavily invested here.

    Anyways, only put in as much as you're willing to lose and it will be fine.
    I agree with you, if I were retired I would not be trading anywhere and would be investing my money someplace safer.

    Quote Originally Posted by R3dKnight View Post
    or you could just do work in your free time for those precious bitcoins
    http://bittask.com/

    which I think is saver.
    I've never heard of that site before, I took a look at it and it seems decent but there are not many jobs posted, so hopefully things pick up.
    For every evil man out there like Tazmo, there is a better man trying to stop him. Visit StopTazmo.com and talk about Manga 24/7.

  8. #3818
    R3dKnight is offline Senior Member Community Builder
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    Is it still too late to buy those B*tcoin related domain names?

    Also finally get that HTML5 gamepad to work with my browsers
    this will give me something to do in the weekend

    also browsing jobsDB.com/hk
    for fun and profits

  9. #3819
    Kevin Shiel's Avatar
    Kevin Shiel is offline Administrator Community Builder
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    Quote Originally Posted by R3dKnight View Post
    Is it still too late to buy those B*tcoin related domain names?

    Also finally get that HTML5 gamepad to work with my browsers
    this will give me something to do in the weekend

    also browsing jobsDB.com/hk
    for fun and profits
    I don't know much about gaming or getting gamepads to work with browsers. Bitcoin, although it has gotten a lot of attention, still is a growing industry, so there are not going to be huge numbers of people out there with existing domains. You might have to spend a day though to find the really good domains, I never even thought about picking up any domains but I've already started looking.

    One thing to keep in mind that although BTC is still #1, LiteCoin is #2, so you might have an easier chance finding domains for LiteCoin related purposes.
    For every evil man out there like Tazmo, there is a better man trying to stop him. Visit StopTazmo.com and talk about Manga 24/7.

  10. #3820
    R3dKnight is offline Senior Member Community Builder
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    and so it dropped to 0.769, I think this downward trend will continue for a while
    other recent news.
    someone bought a Tesla S using only bitcoin


    Gamepad works with some browsers
    problem are, Moz codes are incompatible with Chrome

 

 

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