Ayoleeboy007:
If the whole thing gets saturated what's the gain of people that joined late, they will lose now.

Saturation here means the seller now can do anyhow since they know people need it seriously and the demand is high.



This wont bring loss necessary but reduce in profit.

zas long as there is a big gap between official rate and black market rate, there is profit.

blessedchild234:
how do I accertain the availability of the card from the Nigerian site @ a profitable price

tell me the card denomination and ill tell you the new price.

UPDATE:

For those that have done the training and has started, the seller of the giftcards has increased the price a bit and they canceled service charge.I guess this is due to the frequency that people have been rinsing and repeating since the training started.


It is still very profitable.Please look at the the second option i mentioned on stage 2.Also look at the stage 3 options again and you will see its even more profitable than before.You have not exhausted all the selling options i stated which are: p2p on website 1, p2p on website 2, selling to Nigerian exchangers like naira4dollar, selling locally and selling in bits at higher price.


It is still very profitable and more.

CupHead:
SMH, knew they would adjust their price when I saw this thread on here. Biggest profit margin was when we could by for other countries (not usd or eur), now it's only usd.

It is still very profitable.I am updating the syllabus.

The thing is: if official exchange rate goes up, the black market also moves too.the profit is in the gap between official and black market rate.

Apart from that, there is a nice strategy to it.

This thing is profitable for Nigerians living in Nigeria.

UPDATE:

People have been buying the giftcards and the seller in Nigeria just increased prices a bit and removed charges.It is still profitable.

Trust Nigerians to rush.The seller must be thinking why the surge increase in demand of their cards within a short time.Can you remember the screenshot of the card that i uploaded then, the price has increased a bit and charges removed.


So if you are interested in the training, its time to get in before the whole thing gets saturated.I have more details to show and i am updating the syllabus soon.


price will increase from 5k to 10k soon.So take advantage of it before the promo end on saturday.

blessedchild234:
Hello

Hi

The good thing about this type of arbitrage is that there is no limit so far.You are buying an item with naira so that means can buy as much as you want.



The only issue that arise with it at tikes is the Nigerian factor when network is down on there website for few minutes to hours bit not all the time.This can reduce the rate of rinse and repeat.

I will leave a suggestion on what to do to make rinse and repeat easier.

Hello,

Any more questions?

For those that intend to start the training now.send me an email: giftcardflip2000@gmail.com .


Please the training is on telegram.The 5k promo for this nairaland thread ends on saturday.

Let me explain in details.

This arbitrage method involves 3 stages:

1.Buy  giftcard from a Nigerian company

2. Sell the gc to Chinese or anyone with good pricing. on website A or website B

3. Now sell the bitcoin to a Nigerian on website A or B peer2peer  that will pay in Naira via bank transfer



Stage 1 is straight forward.You need to download an app in Nigeria and buy with it.When you buy it, they send the ecode to your email.


Stage 2:This is the stage that u sell to a Chinese or anyone with better price.either website A or B.

The Chinese on website B currently have the highest rate of 0.8. That is 20% discount.That means you will get 80% in bitcoin of the value of your gc.




An alternative way to sell the gc apart from selling to Chinese is to create an offer on website A e.g at 10% discount.

This is like 0.9 rate which is more than 0.8 of the Chinese.This method alone will get you more profit more than the usual 8% profit per transaction.when you sell to Chinese.







stage 3:This is where you sell the btc that the Chinese gave you to a Nigerian at the high black market rate.

You can sell it in any of these options:

a. In peer to peer on website A

b. In peer to peer on website B



c.To bitcoin exchangers in Nigeria.( e.g naira4dollar.com)


You sell to the one that has the best rate.


The lowest so far you can get in any of the otions is 5% profit in less than 30mins transaction.


Then you do it again as long as you can.

You could do it 5 times a day if you start early.



Here are some of the challenges that might not enable you to rinse and repeat as much as you could:

1. incase the Nigerian website is tempoary busy to process your order or you dont get OTP instantly..It happens once in a while.

2. Incase your Chinese buyer is not online to transact.

That is why it is good to get more than one buyer.I will show you all these.


If you start early, you could rinse 5 times. and repeat in that day.


To do more than that, you need to involve an extra person in you know and form a team so you do it simultaneously with 2 diff accounts or more.That is for those that want to rinse and repeat over 5 times a day.


cc:

rainlover,bestbiz17,
Obainoneandonly,presido997,
GDex1,Nicoswit,CryptoJagaban,africanman85,
alfred007,Johnnydboy,obianoooo,Ovii123,
topuje,Emmanuel602,Intellab,
HAkorehdeh,chiomilisa,
lkdolz, Minho10, Mightydude, Esiman,
Aganju849,Kayark,blujoi,
flawless09,Btaipei, onuleo,stressfreenig,
Sammybase,dabolaji,Bellq,
Lovet4343,Eustacdyke,
itsmolep

Good morning,

I will be posting something intetesting today.

Please stay tuned.

SLOVFO:

Ok. Thanks

You are welcome.

SLOVFO:

Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?

I did not get your question properly.

Did you mean to ask if a ready buyer will buy the gift card which you bought in Nigeria?

If that is the question, the answer is yes cos u selling at a discount.


Selling at a discount in this scenarior does not mean u lose.



lets assume you bout a $25 card in Nigeria at official rate of 410 naira per dollar.


Now you sell it at 20% to a ready Chinese buyer that intends to use it for shopping.


The Chinese pay you in bitcoin.You get paid $20 bitcoin quantity.


Now check the current black market rate of bitcoin at naira4dollar.com


multiply it by 20.


Please do it yourself and you will see there is a profit after u subtracr the initial expenses.


The good thing of this method is that u can buy more giftcard as you want cos its an item.You not buying dollar tru ur bank card.You only paying naira to buy an international item

SLOVFO:

Who has ever tried this gift cards arbitrage of a thing? OP Is it guaranteed that someone will buy your giftcards at the time you want them?

They are not my giftcards.I am not the one selling them.It is a reputable international company that has a branch in Nigeria that is selling it.It is currently available and my trainees have been buying to rinse and repeat.

SLOVFO:

Exchange rate of 410 naira to a dollar? What if the exchange rate changes ?

The black market also changes and might even move more.

The arbitrage gain is in the gap between the official rate and blacj market rate.

if official rate moves higher, the black market moves too.

UPDATE: The PROMO for ARBITRAGE BLUEPRINT will be ending on saturday the 11th.

Prices will go back to initial of 10k from the 14th.More testimonials have been gotten.

Incase you are  interested, you can start between now and saturday for promo price of 5k.Do signify your interest by choosing your convenient start date via email to:

giftcardflip2000@gmail.com

Feel free to ask me any question here so that others can gain from it.

Nicoswit:

What do you mean by inventory amount?

the amount of cards the company has in stock.

Generalgoshen:
who has contacted this op

giftcardflip2000@gmail.com

Generalgoshen:
how do I contact you, can't reach you via email

giftcardflip2000@gmail.com

screenshot

The item we are buying in Nigeria for this arbitrage is an e gift card from a reputable international company and we will be paying in naira at the exchange rate of 410 and they charge you a small fee in naira.

See today price of $100 card in the next post.

Hello,

Can i send a screenshot?

delaruh:
How stable is this product we buy in our email ? Because some of this arbitrage opportunities don't seems to last period of a week or less , I remember changing of naira to South Africa rands via flutterwave suddenly the exchange rate just skyrocket even beyond black market due to demand on SA rands....

The product is stable.It is actually a giftcard.An e giftcard.You are actually buying it as if you are walking into a store to buy an item and then go back to buy the same item.The shop owner will be happy you are buying.This is not a bank card and you are using naira to buy it.

cj4humanity:

OP this here is my risk as you asked

I understand u now but why would u transfer te unforseen risk of the seller to me witholding payment? Everyone is suposed to shrw risk and reward.
So far the strategy has been working.I will ask those with testimonialto give a review soon.

afeemicky:
"The first phase is buying a particular international item in NIGERIA locally at the official dollar rate"
My question is this product readily available at the official rate at any point in time, cos situation where you can't get it can make one stuck.
What is the risk involve

The product is readily available but i do not lnow of there
inventory amount.Those that have done the training have been buying and doing rinse and repeat.It is an onternational company with a branch in Nigeria.


The only risk i might think of is: what if the particular item you buy is defective? It is possible.I am talking from a neutral point of view here.

cj4humanity:
I made a comment on your other thread about this but you didn't respond. Since you said I can make like 5k a day, Can I make my profit before paying you for the training?

Sorry i did not see the comment.


Yes u can make 5k with $25 transaction done 5 times after paying all transaction charges.


About u paying me after the profit, what risk are u taking in all these?

folak48:
How much is the minimum amount to start?

start small.$25 is ok.Then you can go to $100 and above.The higher the amount, the higher the profit but the rate is around 8% per transaction.When you start with $25 at first, you will gain confidence and know your way on escrow service.

Please ask questions here.The email is only for those that are ready to start.I get lots of email and answering almost the same question from several people is tedious.That is why i need you to ask me questions here so that others can see and gain from it and not ask same question.

Congrats.


meanwhile, you need to read about this unique ARBITRAGE strategy:

https://www.nairaland.com/6875701/arbitrage-unique-blueprint-dont-know

Congrats.


Have you heard about arbitrage?


read this: https://www.nairaland.com/6875701/arbitrage-unique-blueprint-dont-know