Debtmaxing to flip Black Friday deals

I just need to buy deals I know I can sell at a profit margin and take credit out to pay for what I don't currently have in the bank. If I can pay it back before 30 days it will be like free money. Worst comes to worst I will return these items if they do not sell at a high enough rate. Is debtmaxxing a good idea to make money in a short span of time. This will also increase my credit if I pay it back. I mean if someone can poke a hole in this plan I don't see how it can fail even if everything bombs and I cannot resell it for a higher price I can return most things and what i can't return I'll just pay out of pocket. So tell me anons is this smart or retarded I want to make big bucks finally got a bank account.

Attached: blackfriday.png (1280x784, 57.65K)

not worth it. why don't you just trade crypto?

I only have 1 grand cash is that even worth investing? I could get like 10 grand of debt pretty easy and flip some good deals then pay it back before the 30 days I get no fees.

debt maxing and paying it back before interest can be a pretty solid plan. i'm assuming you don't have a job? otherwise, the plan is retarded for the amount of time and energy you'll spend to get at most a few grand.

Yeah your correct I don't have a job and I basically do nothing all day. I don't mind spending a day buying shit then another week flipping shit.

Neet life :/

$1k is a good starting sum in crypto yeah

But it will take months for me to make double the profits i could triple my balance in a month with this. Unless I invest in an up in coming crypto (which doesn't exist) I will make very little returns for a while.

Interesting why would people interested in purchasing something purchase it within 30 days of black Friday when they could have bought it then?

If people are worried about covid they will not go to stores. And many stores across the USA are closed. The ones that are open have cheaper prices due to reduced business. And people are also just lazy and miss good deals.

Stay poor retard. How is this a good idea. The only way to make big bucks is get a job and get lucky.

Even if I fail I most likely will not be in debt I can just return stuff if it does not make a profit.

interested to see how this goes, please report back with the results

I'll make a thread on it documenting how this went. With debt so cheap I figure I should use it to my advantage.

crypto is trending upwards right now

take cash out on your credit card, find a used car that's in okay shape, give it a good wash and detail and flip it. I had a buddy that did that.

I think I will wait for another crypto crash to invest I am not going to buy high sell low.

I don't know a lot about cars that shit would be easy if I grew up fixing cars but I spent my life indoors online.

crypto literally just crashed 20%+ last night.

Really I haven't checked in a bit maybe I will invest a few hundred dollars which coin should I buy?

My portfolio is 100% link. I don't feel comfortable recommending other coins that I'm not in.

I think I missed Link isn't it on it's way? I missed the largest stages of growth.

>I know I can sell at a profit margin
how do you know?

I am comparing the in store prices with the online prices. And the deals will be over very soon.

Any items catch your eye? Most of the stuff that can be "flipped" was already so low stock because of covid that I'm kind of stumped this year.

I used to do this with video games, when the newest NBA 2K and football whatever games were like $25 on Black Friday regularly going for $60. It was a good time until they raised the prices and I moved away from Delaware (no sales tax).

I am going to focus on big items like TVs or electronics. Even if you make a smaller profit it's much easier because you just need to sell a couple of big electronics at a profit to make some decent cash.

GameStop, Walmart bestbuy and so have some 1st party Nintendo games on sale. Nintendo titles ALWAYS appreciate in value.

Oh yeah I forgot about sales tax. But it's still very low usually I don't think it it will make a significant enough difference.

That's a good point

Also things sell out, like ps5 that's was being sold for double after release