If I bought lets say, $500 BTC right now...

If I bought lets say, $500 BTC right now, and cashed out it like an hour later to get for example $20 profit and just kept doing this over and over for hours, what is stopping me from doing that? I don't get why everyone doesn't do this.

Good luck

why do you think the price fluctuates as much as it does?

because every time you sell BTC it must be taxed

holy fuck you're a GENIUS WHY DIDNT I THINK OF THIS

OP LITERALLY JUST DISCOVERED SOMETHING CALLED SCALPING HOLY SHIT

EVERYONE PRAISE OP FOR HIS CONTRIBUTION

PLS GIVE OP A NOBEL PEACE PRIZE

Isn’t there a percentage transaction fee?

Because things go down sometimes? Everything doesn't always go up, especially within hours.

Well you've already realized that everyone doesn't do that, now take a moment to think about what that means for your idea.

>trading fees
>you'd have to be able to predict every rise and fall accurately enough to never get it wrong. If you think you can do that, then by all means give it a shot

Thousand of people that have way higher IQ and better tools than you, are doing similar things right now. Good luck trying to outsmart them.

the amount varies by exchange.

In my country you only pay tax after 10k profit

It's like 2%

Scalping equals $$$

BTC, right now anyway, WILL come back up

That would be dumb because at that rate you stated that's the exchange rate fee. So you will lose money

>better tools
Who cares? I have coinbase lol
woooaaahhaoowah

I dare you to try it
Fucking GENIUS kekekekek
And as it wasnt enough you also intend to do it with margin

>coinbase

Lol ya your fucking new

Capital gains taxes you faggot

So many people jealous of you in this thread OP. I've been doing this since BTC started and have now bought a house with the money. The more people doing it the less profit which is why no one will admit its the right thing to do.

comissions can eat you alive

OP should kill himself for samefagging this hard

So someone agrees with me it must be me right?

no, it just IS you, whether they agree or disagree.

ask me how I know

>buy bitcoin
>wait till it rises
>sell cause profit
>buy same amount of bitcoin you had before
genius

Hey OP,
To help you prove these fuckers wrong I've sent you 1 BTC to get you started. Post a screenshot in the next hour to show your profits. Welcome to the club.

> too intelligent for Veeky Forums
Ever heard of an ID?

Do you know what is post ID?
Embarrassing man

Thanks man!

lol!

amazing quads
great post

Someone screenshot this fucking thread

Holy fuck there some real windowlickers on Veeky Forums sometimes

I did it FOR YOU

I am going to be back with huge cash within an hour. I need to throw this back in all your faces.

>OP pretends to be retarded.

>larping as a retard

1Equ9TBAowaSPrU5CnNnjxTAa9P4tLE31g
Send me some btc to get me started. Ill post in an hour for proof!

fuck off

Thank you for this. I haven't laughed so hard I don't think ever

>IDs

This is why you dont trust everything you read online

No man you don't get it, I've been scalping since June and I've made at least 14k. If you can't handle scalping then you should exit crypto mate

The price doesnt fluctuate that hard. It usually takes a few weeks for the price to see that kind of change. You need to invest larger amoubts of money

Im swing trading since friday and made 4600$ plus so far...

wow we have a genius on the board today

I hope you are a troll, in case you aren't you realize that little purple code in your posts identifies you everytime so we know you are replying to yourself... you fucking braindead loser....of course you can try to scalp for small profits.... why not hold a fucking year when everything is 10x again

LOL U STUPID FUCK - KYS

Go ahead. Give it a try.

> Veeky Forums is anonymous
>no one will know i reply to my own comments

OP, you are a degenerate
Go back to whatever the hell you crawled out of.

Welcome normie give me your money