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Making Money With Btc simple method - Business - Nairaland

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Simple Method To Make At Least 50k Online Here In Nigeria / Buy / Sell Your Bitcoin And Gift Cards Affordably With BTC-ECHANGE / Starters Guide To Making Money With BTC And On Fiverr (2) (3) (4)

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Making Money With Btc simple method by 9jatatafo(m): 6:19am On Dec 06, 2017
This is a really simple concept but it works. If you want to make
quick money with Bitcoin, you don't have to put much thought
into it. You don't have to worry about studying trends and all
that. Just buy Bitcoin from one place and sell it to another.
The most profitable way to do this (That I know of) is to buy
from an exchange and sell to a market. First, make sure you're
not incurring a large fee when you buy and that you're getting
your coin at the best rate possible. Sign up to all the major
exchanges.

Put some money aside and buy from the exchange where you're
going to get the most coin the fastest. You should start with at
least $100 but it can be less if absolutely necessary. Make sure
you have a few hours to work once you get the coin too. You
don't want to hold onto it for long. Now sign up at localbitcoins
and paxful . I always use Paxful but I hear a lot of people like
localbitcoins too.
Re: Making Money With Btc simple method by 9jatatafo(m): 6:20am On Dec 06, 2017
Assuming you're using Paxful, transfer all your Bitcoin to your Paxful wallet. Now click on the Sell button and then click PayPal (If that's how you want to receive money). PayPal is good because people pay a premium to exchange with it. Beware though! You don't want to sell to the wrong person. Make sure whoever you sell to has good rep aka lots of trades under their belt and a longstanding account. There is room to take some risk here for more profit but don't get scammed. Make sure you review the person's profile as well as the profiles of a bunch of people they've traded with. If all the people they traded with signed up around the same time, don't do it. If it looks like a small circle of people only trade to each other, don't do it. If your spidey sense tingles, don't do it! You can start off selling to people with listings before you get verified and create your own listings. This is fine. If you start creating your own listings, try to undercut your competition slightly. You WILL sell the coin. Using this method I've made a considerable amount of money (Gobs and gobs). Each trade I do nets between 5 and 25% profit (Very good for a short-term investment). I just keep rinsing and repeating in my BTC -> PayPal circle over and over. Sometimes I leave money in my wallet and come back to profits due to BTC price increasing (Don't do that unless you have money to waste
Re: Making Money With Btc simple method by DONADAMS(m): 10:08am On Dec 06, 2017
9jatatafo:

Assuming you're using Paxful, transfer all your Bitcoin to your
Paxful wallet. Now click on the Sell button and then click PayPal
(If that's how you want to receive money). PayPal is good
because people pay a premium to exchange with it.
Beware though! You don't want to sell to the wrong person.
Make sure whoever you sell to has good rep aka lots of trades
under their belt and a longstanding account. There is room to
take some risk here for more profit but don't get scammed.
Make sure you review the person's profile as well as the profiles
of a bunch of people they've traded with. If all the people they
traded with signed up around the same time, don't do it. If it
looks like a small circle of people only trade to each other, don't
do it. If your spidey sense tingles, don't do it!
You can start off selling to people with listings before you get
verified and create your own listings. This is fine. If you start
creating your own listings, try to undercut your competition
slightly. You WILL sell the coin.
Using this method I've made a considerable amount of money
(Gobs and gobs). Each trade I do nets between 5 and 25% profit
(Very good for a short-term investment). I just keep rinsing and
repeating in my BTC -> PayPal circle over and over. Sometimes I
leave money in my wallet and come back to profits due to BTC
price increasing (Don't do that unless you have money to waste
what is the minimum
Re: Making Money With Btc simple method by gtech2sure: 11:25am On Dec 06, 2017
Ride on bro..... I wanted to go about this business before but i learnt that I must have 0.2 btc on my account before I could be able to become a vendor. So that chase me away because I am a student and there is no way I could see such huge amount.

The only question I have is can i be able to sell bitcoins on paxful without becoming a vendor, If so how?
Re: Making Money With Btc simple method by 9jatatafo(m): 11:48am On Dec 06, 2017
gtech2sure:
Ride on bro..... I wanted to go about this business before but i learnt that I must have 0.2 btc on my account before I could be able to become a vendor. So that chase me away because I am a student and there is no way I could see such huge amount.

The only question I have is can i be able to sell bitcoins on paxful without becoming a vendor, If so how?
its about 400$ needed to become a vendor. You cant sell unless you enroll as a vendor.
Re: Making Money With Btc simple method by pointstores(m): 12:00pm On Dec 06, 2017
intersted
Re: Making Money With Btc simple method by gtech2sure: 12:11pm On Dec 06, 2017
Thanks bro... I will try to get the $400
9jatatafo:
its about 400$ needed to become a vendor. You cant sell unless you enroll as a vendor.
Re: Making Money With Btc simple method by 9jatatafo(m): 12:36pm On Dec 06, 2017
gtech2sure:
Thanks bro... I will try to get the $400
ok
Re: Making Money With Btc simple method by huzyboy: 5:15pm On Dec 06, 2017
Nice piece but I have a question. How do you now convert the Paypal to BTC/Naira at a rate that will be profitable? Most of the exchanger's rate will not give you profit. What do you advice?
Re: Making Money With Btc simple method by 9jatatafo(m): 7:17pm On Dec 06, 2017
huzyboy:
Nice piece but I have a question. How do you now convert the Paypal to BTC/Naira at a rate that will be profitable? Most of the exchanger's rate will not give you profit. What do you advice?
for me it is pretty simple,i withdraw the paypal funds to my payoneer bank linked to my paypal. I sell off the payoneer funds at a higher rate. You can simply do btc to perfect money on paxful easier than paypal but paypal brings higher profit.

1 Like

Re: Making Money With Btc simple method by gtech2sure: 7:36am On Dec 07, 2017
Good Morning bro, I tried to email paxful admin yesterday requesting for criteria needed for one to become a vendor, but the reply i got weak me. I was told that only USA, South Africa, Canada and Uk can be allow as vendor whereas my paxful account was registered with Nigeria details.

Here is the message i got from them
1. State issued photo ID or passport (must be a high resolution picture)
2. Proof of address (must be a bank or utility bill and we need to see the inside scan not just the outside envelope)
3. Video of yourself (with face clearly lit) saying the following:

"I submit my full legal identity documents to be a Verified Vendor on Paxful and accept all liability for my trades. I acknowledge that Paxful reserves the legal right to sue in criminal court for any stolen funds."

4. You must also show your passport or ID into the camera in your video.

Upload these files on your vendor dashboard.

You will then be awarded a verified vendor badge. Verified vendors get many perks and many more are planned.

*Only USA, CANADA, UK, EU or South Africa citizens can apply.
This is so we have legal recourse in a court of law to collect damages in case of a scam.

With the criteria paxful listed above, can i still continue using my Nigeria account as vendor or i will need to open another USA account?

If require to open USA account, hint me on how to go about it because of the ID verification, video and address in the utility bill they attached to it.

I will be waiting for your swift response bro.

Thanks.....
Re: Making Money With Btc simple method by 9jatatafo(m): 6:33am On Dec 08, 2017
gtech2sure:
Good Morning bro, I tried to email paxful admin yesterday requesting for criteria needed for one to become a vendor, but the reply i got weak me. I was told that only USA, South Africa, Canada and Uk can be allow as vendor whereas my paxful account was registered with Nigeria details.

Here is the message i got from them
1. State issued photo ID or passport (must be a high resolution picture)
2. Proof of address (must be a bank or utility bill and we need to see the inside scan not just the outside envelope)
3. Video of yourself (with face clearly lit) saying the following:

"I submit my full legal identity documents to be a Verified Vendor on Paxful and accept all liability for my trades. I acknowledge that Paxful reserves the legal right to sue in criminal court for any stolen funds."

4. You must also show your passport or ID into the camera in your video.

Upload these files on your vendor dashboard.

You will then be awarded a verified vendor badge. Verified vendors get many perks and many more are planned.

*Only USA, CANADA, UK, EU or South Africa citizens can apply.
This is so we have legal recourse in a court of law to collect damages in case of a scam.

With the criteria paxful listed above, can i still continue using my Nigeria account as vendor or i will need to open another USA account?

If require to open USA account, hint me on how to go about it because of the ID verification, video and address in the utility bill they attached to it.

I will be waiting for your swift response bro.

Thanks.....
that requirement is for verification,you dont need to be verified before you can be a vendor. Just click on sell bitcoin and follow steps
Re: Making Money With Btc simple method by 9jatatafo(m): 8:59pm On Dec 09, 2017
Currently buying btc and paypal 380/$ for btc 360/$ paypal msg on watsap
Re: Making Money With Btc simple method by huzyboy: 2:38am On Dec 15, 2017
9jatatafo:
Currently buying btc and paypal 380/$ for btc 360/$ paypal msg on watsap

Are you still buying paypal? If yes, what is your rate?
Re: Making Money With Btc simple method by FxDominion(m): 9:13am On Dec 15, 2017
Good business for now...




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Re: Making Money With Btc simple method by Intergrity19: 9:13am On Dec 15, 2017
brother why d misleading information? PayPal and payoneer don't work together no more. except u have found a trick on how to make it work!
Re: Making Money With Btc simple method by cmoney22222: 11:19am On Dec 15, 2017
i cconcur. Paypal kicked out my payonner account without notice. They might even block your account if you try adding it again, so op explain oo

Intergrity19:
brother why d misleading information? PayPal and payoneer don't work together no more. except u have found a trick on how to make it work!
Re: Making Money With Btc simple method by Dollabiz: 11:27am On Dec 15, 2017
This

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