/biz/ - Business & Finance

Out of everything biz shills, what is actually worth buying to make it?

How can you tell if something is a moonshot vs. a scam?

>>12758395
When did you start and what’s your biggest moneymaker?

Are u in link? If so price prediction eoy

>>12758395

Do you trade, or mainly hold?

If trade, what are your most effective strategies, what resources would you recommend for beginners, and what advice would you give to those starting out?

>>12758395
okay so what the fuck are you going to do retard?

inb4 he never returns

>>12758402
what newfags need to understand about /biz/ is that the most shilled projects either have huge bagholders trying to palm off their bags at a reasonable price OR the projects shilled here have huge potential.
To /makeit/ it really is a game of chance, you can research all of the fundamentals all you want but you are still at the mercy of the market at the end of the day. There are some quick pnd scams that roll through almost weekly (think CHX, LTO etc.) that you can make a good chunk of money with as long as you don't get too greedy. Hope that answers your question

>>12758404
Legitimate moonshots come through very rarely, for example I got in on BTT at 11 sats, although kinda high, I sold at the top 3x in a matter of days. That could be seen as a moonshot, but really its just over hype JUSTING retarded investors. Just DYOR and you can sift through 99% of the shit but you can still make mistakes (which I have on a few occasions)

>>12758406
got started early 2015ish
biggest money maker by far was ETH, got in at $9 at the end of 2016

>>12758412
I have confidence in LINK but its not a sure thing. I think a reasonable price for EOY is $10-$15 if their github stays active and positive. If by some miracle mainnet releases smoothly, it could be much higher.

>>12758420
I both trade and hold, having discipline to know when to hold and when to sell your bags is fundamental to making money in this space. It can't really teach you, as it comes from kinda a gut feeling you get after staring at charts for hours and hours.

Resource wise, learn very basic TA, it can be helpful for identifying basic trends and can inform your decision making process. But dont get to into the TA meme because it gets to a point of diminishing returns (everyone thought BTT was gonna pump yesterday because 'muh cap and handle')
Other than that, understand that basics of what you're buying, it gives you more confidence when you experience a red day across your portfolio

>>12758422
i'm mid 20s in a first world country. I have bought a few /makeit/ items such as my dream car but after that I dont know. Maybe go back to uni for my MBA but I haven't worked that out yet

What bags do you hold now? Which one is the heaviest?

>>12758420
I can give you a more in depth beginners guide, as I have written notes while learning the process myself. Give me your email and I'll see what I can do

you sound like another new fag trader boi. guaranteed you fuck it up. and start from scratch. only way to keep winning is to help no one else.

>>12758469
I have some LINK, some BTC (but I believe it will dump another 10-15% before any significant gains will be made) and I hold some ETH but I'm not confident which way it will go when the fork happens.

I also have around 10k diversified among 6 shitcoins that could make me even more comfy but if I lose it, it isn't that big of a deal

>>12758479
i've already won, /biz/ has made me rich and i'm done with my days of staring at screens and reading whitepapers etc. If I can help a few of my /biz/ bros make it then i think it is my duty to do so

>>12758468
All an mba will do is teach you how to be a high corporate performer
Take a quarter of your money, buy a triplex, and cement your status as a neet entrepreneur for life

>>12758496
im mainly thinking about doing an MBA for the connections. You don't make many influencial friends sitting on your ass trading crypto all day

>>12758492
In this case, how do you like my wishlist?

Dero
Rlc
Hydro
XMR
And lastly zil

I already have over a btc and a link sucicde bag

>>12758499
If I was going to do mba, I would do entrepreneurship mba. (If it was cheap enough) At least the classes would be fun and the colleagues would be interesting.

>>12758496
You will never make it lol Just KYS

>>12758505
rlc has some promise but there are a few competitors in decentralized computing that could ruin them.

XMR is a safe bet with the increased government perversion in a regular individual's life, people will want to shield their money

ZIL could make you very rich, considering if its adopted

For the others I don't know, I haven't done enough research to tell you conclusive answers I feel confident sharing

>>12758516
Tell me, are you rich? My sources say no.
Enjoy your 100k debt bags for a paltry 10k wageslave pittance increase. I’ll spend my 10 years somewhere else enjoying life cheaply, with some freedom.

Can’t come soon enough

>>12758534
out of interest, how what is the ballpark value of your current holdings? If you don't feel confident sharing here just drop me your email and we can talk more (or discord)

>>12758516
dont be a nigger, listen and you might just learn something

>>12758445
Thanks for your reply, not sure I understand how to properly identify scams though, seems like that word gets thrown around all the time here... I mean what makes you think CHX or LTO are scams?

>>12758473
Thank you for this thread. I'm currently the Technical Analysis of financial markets guidebook. Would very much appreciate seeing your notes as I write up my own. Please send to anoninfoseeker@protonmail.com if you're legit.

also just a general reminder

sometimes you have to realize unrealized losses and just eat the fuck up

>>12758588
do you have an email or a discord or something. id rather do a q and a kinda thing where I can instantly respond

>>12758592
ill drop you an email

>>12758395
redpill me on BAT and also post your portfolio screenshot in this ITT thread so we know you're not larping

>>12758484
It seems like after investing years of your youth to learning about this market it would be hard to give up on the thrill of discovering some groundbreaking new technology known about by few people and understood by even fewer and profiting massively off of it.
Why are you exiting the crypto trading game? How do you define your direction in life now that you're mostly finished with this world (or are you?).

>>12758395
>>12758597
pics for ants?

>>12758541
2 btc
Yeah I’m not rich yet, can’t give you advice.
If you’re feeling generous, send and knowledge bombs to my discord dororo#0757

>>12758603
I have an email but I don't think it would be much faster than just replying here on biz

>>12758605
I can't redpill you on something I am not invested in

All my coins are on a hardware wallet and I don't keep my eyes on their current trading price as it is better for my mental health

>>12758625
post your etherscan address then faggot

>>12758610
mental health reasons really. Devoting my late teens and early 20s to become rich has really fucked me up relationship wise and I need to focus on the real world now and actually enjoy my success. I will never be fully out of the space and I will continue to research potential projects but hopefully nowhere as much as I have previously

>>12758624
this thread will die eventually, bit I can keep teaching you a few things here and there when I think about it.

>>12758620
added you

>>12758625
Fair enough

>I don't keep my eyes on their current trading price as it is better for my mental health

Good idea, I'm new to this and I can't stop watching it even if it's generally pointless when there hasn't been any news or announcements

>>12758642
Hope you enjoy your newfound freedom anon! I've devoted my entire 20s to studying, working and investing so far. I feel pretty damn tired but if I can make it it would all have been worth it

>>12758650
you'll get used to it. Sure there will be daily bumps in price or little down trends and that can be super stressful when you have some real money riding on it. If you believe in the project then you should really just let it do its thing and check in once a week, not once an hour

>>12758646
Good point, you can add me on discord skylar#1540

>>12758665
done

>>12758657
I would try to conserve your energy while working for someone else, as in take it easy at work so you can code on personal projects. Making them an extra $ won’t do you any good

>>12758642
Makes abundant sense. I'm sure many of us who are addicted to this feel at least somewhat similarly. The tension between devoting the majority of your mental energies to speculating on entirely virtual, heavily futuristic assets and taking care of your relationships, or rectifying the absence thereof, can be tremendous.

>>12758669
I tried to build my own business with another dev in the past, it's a ton of work and very tiring, and honestly I'm not passionate about programming so creating a business mostly for the business is really tough. I prefer working hard to maximize my income and invest it, we'll see if it pays off but I think now is a good opportunity to buy crypto so I want to take advantage of it

>>12758642
Also, how appropriate of you to make this thread on Valentines Day. Kek. Here's to virtual social reality.

>>12758693
>creating a business mostly for the business

I meant mostly for the money

>>12758695
its poetic, isn't it?

>>12758693
You may get a 100x somewhere if you’re both smart and lucky. But you’ll need to start with a high btc amount in a relative shitcoin to get those gains.

Whereas every 1$ profit in a tech startup translates to $10 increase in your net worth. Yes it is tiring and you have to be ready to fail. Still worth it imo. To each his own.

>>12758395
Is link a meme?
Or is 'link is a meme' is a meme?
Or is "link is a meme' is a meme" is a meme?

>>12758719
I may get back into the startup game depending on how things go but I honestly think investing in crypto now is a rare opportunity to make some life changing money by 2023-ish. We'll see I guess, I think I definitely want to get back to building my own business at some point, not passionate about programming but I love tech

>>12758729
>>12758729

LINK has just as much as a chance of succeeding as anything else, hell i'd even say it has more than an average chance.

>>12758597
would you do this with xlm now?

>>12758788
im not going to tell you what to do, but definitely consider it

>>12758395
>/biz/ has made me a ridiculous amount of money which has set my up financially for at least the next ~5 years if I am not retarded with it.

5 years of savings is not a "ridiculous amount of money". How much are you worth?

Is it safe to hold on the majors like XRP and ETH for the future or they will be replaced for better products?

>>12758855
approx 8mil

>>12758870
for the short term eth is fine

>>12758934
>Spends 2.5x the average life income of an american household in 5 years
Do you eat gold flake black caviar on truffells for breakfest

>>12758395
Is it possible to escape poverty by investing small amounts of money(~$100) into cheap coins and then waiting for them to bubble then cash out?
Also do you have any resources on how to get started investing in crypto without the government knowing

>>12758962
5 years was a very very conservative estimate

>>12758990
yes, but its too long to type out here.

Whats your disc?

How do you deal with emotions on large drawdowns like going from 8mil back to 4mil.
Also how do you manage risk?

Got any recommendations as to where one could learn TA?

I'm interested in learning the fundamentals/basics.

>>12759086
most of my worth is no longer in crypto

I keep it in jewish banks, gold, index funds and property and a bunch of long term, stable investments

>>12759091
sure, whats your email/disc ill run you through some things then point you in the right direction

>>12758395
Hi swissbro

I thought you were liquidated already

>>12759116
im not swissbro

>>12758395
You might as well use a tripcode, you dumb faggot.

>>12759125
do the needful sir and share wisdom
MrOatmeal#5596

Do analyst rating really matter?
And by that token, does the math of stocks really matter?

>>12759104

Thanks

flingway@joakarond.tk

Will I manage to get enough money to live my dream?

>>12759104
>>12759150
Actually, fuck that, just get to me through discord

Ford#7178

>>12759140
crypto is volatile as hell, trust no ones research and predictions except your own

>>12759134
>>12759156
done

>>12758395
What is your opinion on investing in ultra-low cap projects with good business fundamentals like DADI?
The downward risk seems to be lower than for higher-cap projects but on the other hand they have extremely low visibility in the markets and might just be ignored in favor of new hype/pnd projects like LTO,BTT,..
I

>>12759187
its where you can make the most money, but its also the highest chance of never reaching the buyers eye, so your investment can sit idle for months and months with little to no return

>>12759104
Oh man, me too please. I'm a complete beginner.
I would really appreciate some pointers. Thanks anon.

chan email:
giantenemy@goat.si

>>12759049
what's your realistic expectation. Do you have large spending habits or are you worried about inflation?

Anon? ;-;

>>12759408
sent

>>12759260
I need to buy my principal place of residence but other than that I should be fine unless hyper inflation rapes me, but I am diversified so even then I should be comfy

this is the same anon as the OP, just changed wifis

How do I get a gf?

Add me please Sataman#5321

>>12758395
OP, could you also send me your notes? I began in mid Dec 2017, 15k in the red.

It would mean very much to me. My mail is delight.eien.misery@gmail.com . Hope I'm gonna make it like you do, one day.

>>12759424
I'll take whatever info you got for trading and general investment advice. If you got good advanced or noob tax structuring that would be useful as well

takesometips@protonmail.com

Are coin related to cloud storage, like SIA and OPQ gonna be worth somethin?
Especially OPQ since its pegged by the cloud storage general price

>>12759125
Thats what swissbro would say

I see your building up another channel of followers to sperg on with your boring feudalistic political brainfarts

>>12759481
cloud storage is dominated by big names rn (google apple etc)
a big fuck up (AKA A HACK) needs to happen for people to look at alternatives

>>12759499
Happened to S3, but people still confident
I hope they gonna move to a Decentralized world

>>12759504
so do I anon

>>12758473
Can you send it to me at csgoesh@gmail.com? i would really appreciate it friend.

>>12759469
sent

>>12759532
Why would you do this
Use a burner email you fucking moron
I'm going to sign you up to do much gay porn subscriptions to teach you this lesson

>>12758667
thanx for the insights anon. and congrats. can you add me on Discord too?
kriptor#8033

>>12759536
I want to have the docs too on smartkontrat@gmail.com

>>12758473
schmuserkadser69@protonmail.com

want to make a pretty large investment, could you hit e on discord?? have a few questions

>>12759619
whats your discord?

OP's returns are likely mediocre btw lmao

https://discord DOT gg/HzBfQz

I MADE A DISCORD SERVER

PUT YOUR QUESTIONS IN THERE ITS EASIER TO KEEP A TRACK OF THEM

>>12759631
Godbless you anon.

>>12759626
jujuyuh #5494 my b thought i put it first time

ive sent emails to everyone who has asked

jackholdjack#5637

>>12759651
Could I please get one sent to carlhatestf2@gmail.com?

I would much appreciate the info and knowledge as I'm trying to get better at trading and not make the same mistakes I made last year.

Cheers.

>>12759827
done

oh look it's a titor tier larper

>>12758395
Can i have one too please

evola@sharklasers.com

you are a gentleman kind sir.

>>12759907
just join the discord mate

>>12758603
If it's not too much work, add me as well, I'd love to learn as much as possible from you. chico triste#1733

this idiot is going to fuck himself with this advice. way to make more work for yourself.

>chx is a pnd
>holds link
Larp or scam

>>12758395
How/when did you cash out?
Please describe the process. Withdrawals are throttled and there seem to be endless issues with the banks. Thanks.

>>12758468

Broseph, study the CFA instead. MBAs are oversaturated and ROI is low. CFA will cost you 3k not including outside study materials and teaches skills you can use for life, at least in terms of company/asset eval

>>12758413
is he the inventor of vaping?

>>12758395
Have you heard of CHX?

>>12759099
>most of my worth is no longer in crypto
How did you put your crypto gains out into real world assets?

>>12758473
I’m very interested, if you could send a copy to ssplin@gmail.com I would appreciate that a lot.