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<p>[QUOTE="Luis, post: 527773, member: 17336"]I had an idea yesterday for making some easy money, but it sounds so simple that I'm afraid it must be a stupid one.</p><p><br /></p><p>I have bank accounts in the US and Portugal. Last Summer, out of necessity, I had to withdraw money in the US using my portuguese debit card. I was able to withdraw between 500 and 600 dollars per withdrawal, and the fees were 3$ for the american bank and 1.7 euros to the portuguese bank. This was when 1 euro = 1.45 to 1.55 dollars, so it was a pretty sweet deal.</p><p><br /></p><p>Now suppose I do the same in Portugal whenever the dollar is strong and in the US whenever the euro is strong. With the kind of amounts I am allowed to withdraw per withdrawal, I reckon that the fees are basically neglectible and I could be making a lot of money.</p><p><br /></p><p>Am I missing something?</p><p><br /></p><p>By the way, this post has everything to do with coins, because the more money I make, the more coins I buy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Luis, post: 527773, member: 17336"]I had an idea yesterday for making some easy money, but it sounds so simple that I'm afraid it must be a stupid one. I have bank accounts in the US and Portugal. Last Summer, out of necessity, I had to withdraw money in the US using my portuguese debit card. I was able to withdraw between 500 and 600 dollars per withdrawal, and the fees were 3$ for the american bank and 1.7 euros to the portuguese bank. This was when 1 euro = 1.45 to 1.55 dollars, so it was a pretty sweet deal. Now suppose I do the same in Portugal whenever the dollar is strong and in the US whenever the euro is strong. With the kind of amounts I am allowed to withdraw per withdrawal, I reckon that the fees are basically neglectible and I could be making a lot of money. Am I missing something? By the way, this post has everything to do with coins, because the more money I make, the more coins I buy :D[/QUOTE]
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