Bitcoin trading is a popular way for more experienced bitcoiners to profit from the less experienced. Some people day trade on exchanges by speculating on the short term value of bitcoin. Others trade bitcoin without using a centralized exchange.
The easiest way to guarantee a profit is by knowing that a buyer will be willing to purchase your bitcoin for more than you paid for it. The most common way to do this is on localbitcoins.com. Buyers pay a premium for fast service that doesn’t require sharing personal details with a third party exchange.
Sellers accept payment for bitcoin with reload cards like Vanilla, cash deposits to their bank, cash in the mail (CIM), and even PayPal. PayPal is not recommended due to the risk of chargebacks to the seller. You can earn 5- 25% on a typical trade by selling bitcoin to individuals. Be sure to follow reporting guidelines and transaction limits set in your jurisdiction.
