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/biz/ - Business & Finance


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15029976 No.15029976 [Reply] [Original]

So I have $150 to spend on shitcoins. I have seen all the shills and can't decide whats worth it. Here are my considerations: vidt, xspec, dcr, 0xbtc, matic, dero, veri, nuke, lition, hot, rsr, nkn, ren, one, coti, shock, oce, link, eth, btc, rvn, fetch, steem, loom, xrp, sent. Do I just one, two, all or none ?? Thanks, bros !

>> No.15030004

>>15029976
50/50 0xbtc, BTC

>> No.15030041

all in 0xbitcoin

>> No.15030066

Ren

>> No.15030214

SENT and VIDT 50/50

>> No.15030407

Geez, I posted enough shitcoins for a year and all i get is 4 answers ?! C'mons you fucking Anons, make me buy your bags.

>> No.15030592

>>15029976
REN will be the best performing alt of Q3 and 4

>> No.15030698
File: 5 KB, 600x600, RSR.png [View same] [iqdb] [saucenao] [google]
15030698

>> No.15030750

>>15029976
Get 1000 0xbtc and forget about it. Check on them after the first halving.

>> No.15031365

>>15029976
ADA

>> No.15031426

>>15029976

Obviously SENT. That $150 may actually have a chance to turn into something in the future.

>> No.15031457

you'd probably get the most out of VIDT or ONE

>> No.15031557

>>15029976
>Which shitcoin should I but
>Literally lists every single shitcoin

Wew lad

>> No.15031593
File: 76 KB, 550x413, BrainSmart.jpg [View same] [iqdb] [saucenao] [google]
15031593

>>15029976
>... i don't know anything about anything, just tell me which horse to gamble on ...

i am going to give you a gift of 20 minutes of OG advice. it is worth a huge amount of money if you can take it.

you need to be asking not "which of these should i invest in?" but "why don't i know enough to decide which of these to invest in?"

you need to learn about crypto shit, the actual tech behind crypto shit and the actual implications of a crypto world. sorry, there is no way around it. nobody is reliably making money at ignorantly betting on which token will lambo moon. the way you are asking your question reveals you have zero clue.

if you want to get a clue, you need to start learning the basics of crypto, like:

- what made bitcoin valuable?
- why did everyone think it was stupid, but then value it highly?
- why is libra not a cryptocurrency?
- why can't i just create my own ERC20s and pamp them and get rich over and over?
- what is the difference between ICO distribution and PoW distribution?
- what are the implications of those distribution methods for value?
- what the fuck is mining, are people insane to be "wasting" all this electricity mining digital gold??
- what the fuck even is money???
- and so on

i hear the info Andreas M. Antonopoulos puts out is very good. i've watched like 2 of his videos and they were spot on. why don't you go watch his top videos/talks on youtube. an hour of that is going to be worth approximately 1,234,745,726,420 hours of asking for advice on biz, because biz is almost entirely garbage. it is 99.9999% shills talking to other shills about shilling.

why should you listen to me vs everyone else on this thread who is trying to give you an easy 1000X win on their memecoin?

one of the most important meta-lessons i can give you: take the advice of people who are telling you how to improve your skills and play the meta-game, not people telling you which easy game to throw all your chips into.

>> No.15031632
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15031632

>>15029976
>... i don't know anything about anything, just tell me which horse to gamble on ...

next, once you get half a brain about crypto shit, then you'll begin to see which projects are sound ideas with promise, and which projects are 90%-99% bullshit.

then if you want to actually have a chance at success, you need to play a higher-level game and start building instead of just gambling.

you need to join projects, not just buy them. you need to develop yourself to the point where you become an asset to any project you join. this will take time but your improvement will be pretty quick and the process will be much more rewarding than passively betting on memecoins and refreshing CMC all day.

you can get involved in some very promising small projects, acquire a modest stack, and then start to advance the project with your own skills. find smallcaps that have good communities and are still getting off the ground, probably 0-24 months old. you can acquire a decent stake of the cap (0.1% of a $1M cap just costs $1k) and then actually help grow the value of that stake.

keep in mind the chance of success will be low for any one project, but the chance of success for a solid project is already going to be a million times higher than that of scamcoins. still, you should get involved in multiple projects, maybe 2-3 per year or so.

>> No.15031649
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15031649

>>15029976
>... i don't know anything about anything, just tell me which horse to gamble on ...

as far as your skill set, you don't necessarily have to be uber technical to contribute to a project, though being technical is ideal and you can become more technical with time. you can also just gain a really good understanding of crypto stuff in general and the project in particular, and then support the project by fielding questions, improving docs, making informational websites, stuff like that. even brainlets can be useful if they try.

how do you know which communities to join and which to avoid? this is how:

- prefer to join projects that have open decentralized communities, because that is what crypto is supposed to be about.
- do not join stupid bullshit scamcoins where you "join the squad!!" but actually just become a shill and earn bullshit ranks such as "Lt. General Pumper First Class". that is scammy bullshit that is irredeemably fucked and has near-zero chance of making you rich but 100% chance of making you a minion to con artists.

>> No.15031659
File: 38 KB, 650x705, clapp.gif [View same] [iqdb] [saucenao] [google]
15031659

>>15029976
>... i don't know anything about anything, just tell me which horse to gamble on ...


btw, i don't actually expect you to take any of this advice, despite the fact that it is practically guaranteed to work, given time. it is probably way too hard for most people. much easier to just cross your fingers and bet on magic memecoins.

and that is why only a few people get rich in this beach of a life.

>> No.15031680

>>15031649
Can you give us an example of a project you joined, what you contributed, and the amounts you were rewarded for doing so?
Each of these areas should cover specifically why what you're suggesting is important, how we can benefit from it, and the types of steps we can imitate to realize the same success you've accomplished.

>> No.15031684

>>15029976
With this little money you want a low cap ultra moon shot, or 0. Zuckbucks is a good bet for a 50-100x

>> No.15031716
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15031716

>>15031684

>> No.15031920

>>15031593
>>15031632
>>15031649
>>15031659
bamp for ultra basedness

>> No.15031982

>>15030407
You can't afford anyones "bags" with $150.

Go play some scratch lotto tickets with the other degenerates in your section 8 complex.

>> No.15032017

>>15031982
don't look down your nose at someone trying to improve their situation

>> No.15032046

>>15032017
stupid people shouldn't put their money in our pools
if you can't understand why, you probably won't make much money here.

>> No.15032063
File: 58 KB, 611x377, Krang.jpg [View same] [iqdb] [saucenao] [google]
15032063

>>15031680
>Can you give us an example of a project you joined, what you contributed, and the amounts you were rewarded for doing so?
>Each of these areas should cover specifically why what you're suggesting is important, how we can benefit from it, and the types of steps we can imitate to realize the same success you've accomplished.

any success i point to will likely be considered larping, but i was a BTC hobby miner in late 2010 and a heavy miner with partners by mid 2011. i am not insanely rich, but i did well. it certainly changed my life.

i joined the Bitcoin community initially because i thought it was important to society, not because i thought i could get rich. that was impossible to know back then. Bitcoin was about creating a technology to help people move their money freely and keep it safe from tyrannical governments, not a scheme to get rich. but when you try to build useful stuff like that, a side effect is that you likely get to own a nice piece of the future.

i was not a Bitcoin developer, but i actually believed in the project, so i did a ton of studying and discussion in forums, learned the tech, and eventually got to the point where i could give IRL talks about Bitcoin and answer 99% of technical questions about it, which i did many times. that was my tiny contribution to building the community.

having done it once with Bitcoin, i learned that the process is repeatable in other communities, and my ability to help is probably 100X what it was when i started out. these days i help with building tools and technical infrastructure because that is where my time is most valuable. i like to work on a few projects at a time. i am not going to shill you a list of the coins/tokens i am involved in now; instead i gave you an overview of my method. anyone could follow it but almost none will.

>> No.15032117

>>15032017
Hes not looking to improve his situation. Hes gambling on a moonshot that would net him maybe a few grand if hes lucky.

If you have only $150 to spend, hes better off stuffing the money under his mattress for a rainy day. At this point he can barely afford to fix a flat tire.

>> No.15032160

>>15032063
daww you caught me. i'm not normally honest about utilizing red herrings to try to extract truth from people, but you gave both adequate and helpful answers such that i don't feel any need to further press you.
frankly, though, you didn't offer much advice outside of get involved with projects and buy based on tech.
just so you know, other people exist on /biz/. swinging can also be lucrative if you understand charts, but if you know the tech and you know how economics works at a basic level, you can easily identify projects that will or won't sprout any time soon.
you gave great advice for investing and hodling, but wouldn't it be best to teach them to look for how they could make money off of swinging, too? after all, this guy's clearly just trying to make a quick few bucks.

>> No.15032351
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15032351

>>15029976
You forgot BRAP.

>> No.15032360
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15032360

>>15032160
>frankly, though, you didn't offer much advice outside of get involved with projects and buy based on tech.

i gave a high level overview with enough low-level pointers for a person to get off the wrong path and start down the right path. that is the only advice worth receiving. anything overly specific is not a system.

>just so you know, other people exist on /biz/. swinging can also be lucrative if you understand charts

sorry, we'll have to disagree.

a couple of the most important books i read back in the day on markets:

- fooled by randomness [excellent]
- black swan
- a random walk down wall street

these books completely disabused me of the delusion that swing trading and technical analysis can be any kind of correct. those who seem successful at it are a biased survivorship who have been lucky not to blow up .. yet.

the only sustainable way to make money at TA and swing trading is to sell courses on it.

the productive path in crypto is the one i outlined: help build useful stuff for the world, get a piece of the future.

>> No.15032446

>>15032360
That's fair. I should have been more specific and said you didn't offer much *actionable* advice outside of getting involved with projects and buying based on tech.
Like I said before, though, you definitely gave him high quality advice. Don't think I'm insulting you or anything.

>> No.15032790
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15032790

>>15032446

it's cool, don't worry. i didn't think you were trying to insult me at all. it's actually always refreshing/surprising to get a reasonable follow-up question on biz.

>> No.15033229

>>15029976
LINK, RSR, REN, ETH, maybe some BTC for nostalgia purposes.
Almost everything on that list is complete shit.
But you only have $150, so go all-in on RSR/REN (biggest potential gainers in your list) and wait for a pump, then buy ETH/LINK.

>> No.15033288

>>15033229
>But you only have $150, so go all-in on RSR/REN (biggest potential gainers in your list) and wait for a pump, then buy ETH/LINK.

i agree. what do you think of this critique of your advice, pic related

>> No.15033336

You can get over 1.5 million sats. Stack those.

>> No.15033851 [DELETED] 

>>15033288
>pic related
try again, you forgot the pic. The critique better be someone telling me I'm a genius or you can fuck off.

>> No.15033891

>>15033288
>i agree. what do you think of this critique of your advice, pic related
Pic related is a complete and comprehensive list of valid criticisms of my advice. Thanks for posting.

>> No.15034421

>>15029976
Veri looks like it is about to 50x. Veri risky though.

>> No.15034584

>>15031593
Good posts anon. Shame more people won't follow your advice.

>> No.15035301
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15035301

NKN has about 60 days until it pumps 5x. DYOR.

>> No.15035389
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15035389

>>15031593
>PoW distribution
Prisoners of war distribution? Like after the signing of the treaty of Versailles and all the PoWs got shipped to their respective nations?

>> No.15036031

>>15035389
>Prisoners of war distribution? Like after the signing of the treaty of Versailles and all the PoWs got shipped to their respective nations?

yes exactly.

>> No.15036122

>>15031593
This is good advice. Its all quite logical. Based on fact. A good basis for a trading system. Unfortunately its useless. These markets are made up of: spergs, bots, chinamen and pajeets. The developers are all geniuses, conmen, and individual autists with no business sense. A project can have perfect fundamentals and disappear overnight. Or just languish for no apparent reason. Or it can be doing great, finally on a "good" exchange, and whoops the exchange is gone. In essence, its all random. The only strategy is stack shitcoins as you are able and when ( if...ever) they pump, dump and run. And just pay the fucking taxes, as applicable. And sorry to the anon I'm directly replying to. I'm not meaning to shit on you. If I had that tired pepe with the cig hanging out of his mouth it would be pic related.

>> No.15036538

>>15036122
>In essence, its all random

there's a lot of randomness. the point is navigating the randomness with the best system we can find.

>> No.15036551

>>15029976
How could you not include rfr on that list.

>> No.15036646

>>15031593
>>15031632
>>15031649
>>15031659
>>15032063
>this guy fucks.

Thank you for this insight. This is incredibly useful. Will reflect and action appropriately.

>> No.15037228

>>15036122
>>15036538
It's not random. Why? Because projects that have reasonably sustainable tech have much higher ceilings than the rest. Yes, they have all the same floors, for the most part, that I won't disagree with. However, you learn more about the tech and the team so that you can take advantage of the projects that have more potential to do really well.
and THAT is why anon gave good advice. Anyone that doesn't already understand such a brief concept can gain loads of value just by understanding something so elementary to the rest of us.

>> No.15037249
File: 165 KB, 1353x677, team(1).png [View same] [iqdb] [saucenao] [google]
15037249

>>15036122
>>15036538
>>15037228
Frankly, it's as simple as identifying which teams employ the oligarch pawns. If you know what you're looking for, you can basically see the future.

>> No.15037280
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15037280

>>15031632
As described by you my good man

>> No.15037289

Aegro honestly, it's jot some pajeet shilled coin. Legit partnerships already in use. It's slowly been rising, once the hype train steps into gear it'll already be to late

>> No.15037393

>>15031659
How/where do you find these projects?

>> No.15038405
File: 53 KB, 800x516, brn.jpg [View same] [iqdb] [saucenao] [google]
15038405

>>15037393
>How/where do you find these projects?

you just start researching a set of projects you know about now. every day you will certainly stumble across many more. but really it doesn't matter where you start looking. promising projects show up on biz frequently. they are greatly outnumbered by absolutely terrible projects, but that is just how it is when you have a land rush.

finding small, promising projects is not difficult. don't imagine that there's a secret way to spot them and only the OGs know where to look. almost all projects announce themselves very early.

sorting the good stuff from the chaff is part of developing your skills. there's no shortcut. you just have to start learning crypto tech and begin learning to sort and filter. i do recommend keeping track of projects in some system you create, otherwise they will tend to blend together and you won't be able to remember what is what. it could as simple as an excel spreadsheet with columns for project name, some kind of categorization, rough market cap, relevant links, or whatever you think is important.

most projects are still at the ground floor for a couple of years after they start, so you have time to find them.

>> No.15038431

To the level headed anons in this thread. I've picked up the basics of databases in college and how to create some simple stuff in python with flask.
Could I dive into some blockchain and try to develop some simple databases?

>> No.15038900
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15038900

>>15038431
>To the level headed anons in this thread. I've picked up the basics of databases in college and how to create some simple stuff in python with flask.
>Could I dive into some blockchain and try to develop some simple databases?

i'm not sure if you're asking this exactly, but it would be a great idea for you to build your own flask app to track all the crypto projects you find and categorize and annotate and sort them. later you can even pull in market cap data from CMC's API and other stuff like that.

by combining the two you will 100% for sure learn both skills better and faster (crypto research and programming).

if you continue down that path, before long you will probably be making tools and block explorers and other stuff for up-and-coming crypto projects that you also happen to have a stack in.

congrats, you're getting it.

btw, i write custom web apps to track almost everything i do in the crypto world.

>> No.15039090

>>15038431

I am not shilling here, but you specifically should join the 0xBitcoin Discord and hang out in #development and a few other channels if you want to be around skilled programmers discussing exactly what you’d be into learning.

>> No.15039236

>>15039090
seconded, good advice. whether or not you like 0xbitcoin, there are a lot of good coders on the 0xbitcoin discord at every level from coding mining software to pools to ethereum contracts, block explorers, payment gateways, etc.

>> No.15039302

$150, you've probably already spent it. I'd go all in on ZEON, but from p2pb2b for 1 sat. That's probably 900k worth then sell for ETH.

>> No.15039424

>>15038900
So - for finding new projects - do you just aggregate news and sift through what looks promising? At the moment I use coinmarketcap to look for smallcaps and read whitepapers/look at the devs to try and glean the usefulness but that feels very inefficient as there are tons of coins listed on there.

>> No.15039674
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15039674

>>15039424
>So - for finding new projects - do you just aggregate news and sift through what looks promising? At the moment I use coinmarketcap to look for smallcaps and read whitepapers/look at the devs to try and glean the usefulness but that feels very inefficient as there are tons of coins listed on there.

your approach doesn't sound too bad to start with. just keep asking yourself how you could find more projects and find them earlier. where aren't other people looking, etc.

yes, the process of finding opportunities is going to be hard. you are going to have to wade through a lot of garbage. build your own tools to help you track them. anyone can use excel / google sheets.

hope this isn't too obvious, but you can evaluate potential projects in multiple passes; it doesn't have to be a depth-first dive into every project serially. come up with a system that makes sense to you. here, a random example:

say you have 20 new projects you heard about today or this week or whatever. do a super quick initial review of each crypto project, literally just 4-5 mins reviewing their site and noting its approximate properties in your tracking system. give it an initial impression score. (whatever that means to you, could be a combination of interesting tech and problem, the community looks pretty nerdy, you skimmed the github for 20 seconds and it looks like they have some decent code [if you can assess that], the market cap is small, their website doesn't scream bullshit. maybe that's a 4/5 initial impression.) you can probably do that for your 20 new projects in about 1-2 hours. for the deeper review, start with the ones with the highest initial score. you might never even choose to evaluate most of the 1s and 2s.

just throwing out examples here. i probably shouldn't be getting so low-level because i'm not trying to say exactly what you should do. the point is to think about what you're trying to do and develop your own process.

>> No.15039687

>>15029976
XLM

>> No.15039691

>>15039674
Thanks for the advice anon.

>> No.15039989

>>15039674
How low of a market cap would you suggest?

>> No.15040002
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15040002

>>15029976
In case anyone needs a quick and simple bitcoin QR code tool for sending and receiving check out:

https://www.bitcoinqrcodemaker.com

>> No.15040024
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15040024

>>15029976
How the fuck are you not looking into Quant....?

>> No.15040177

>>15038405
>>15038900
>>15039674
So are crypto currency s like the penny stocks of the new gen?

>> No.15040275
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15040275

>>15039989
>How low of a market cap would you suggest?

consider what market cap means for your prospects in the project:

- nonexistent market cap might mean a project so early it's 100% potential and not much action yet. it might just require tracking for now, but not too much time investment
- market cap too large means you can't acquire a decent chunk of it (you might be aiming for 0.1% for example), and larger market caps also correlate with projects that have lots of resources already, so maybe adding your wind to their sails won't do much.

remember the goal is to spot opportunities where you can acquire a stake at a reasonable cost and then efficiently apply your abilities, whatever they happen to be, to growing the value of that stake. there are no hard numbers i can give you.

>> No.15040298
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15040298

>>15040177
>So are crypto currency s like the penny stocks of the new gen?

no, not at all. sorry, that is completely wrong. how many penny stocks can you buy into and then go give yourself a job at the company so you can make them successful?

>> No.15040426

>>15040298
yea but not everyone has relevant skills to be able to help said companies. Unless you also mean giving them free marketing?

>> No.15040548

>>15040426
>yea but not everyone has relevant skills to be able to help said companies. Unless you also mean giving them free marketing?

the great thing is that small, promising projects can use all the help they can get. almost anyone with even a modicum of skill can add something productive to the project. the more you do, the better your skills will become for helping that project and future projects.

there's nothing wrong with honest marketing, like improving the website, writing tutorials, and so on. completely avoid low-quality "marketing" like shilling and pumping.

>> No.15040597

>>15040426
>Unless you also mean giving them free marketing?

also, it's not "free marketing". if you have a stake/stack and are doing marketing (and it's honest marketing like the stuff i mentioned), then you are benefiting yourself as well as the other stakeholders.

>> No.15040679

>>15040597
So you just contact a promising company and ask for stakes in return for services? Or get paid in crypto?

>> No.15040699

>>15040679
you just get some holdings and then help grow the pie.

>> No.15040721

>>15040699
well anon I appreciate your help, Ill give it a shot. I guess its better then just blindly picking and hoping it moons.

>> No.15040771
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15040771

>>15040721
>well anon I appreciate your help, Ill give it a shot. I guess its better then just blindly picking and hoping it moons.

exactly, excellent.

>> No.15040969
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15040969

>>15040699
>you just get some holdings and then help grow the pie.

this exactly.

>> No.15042066

BUY SENT

FREEDOM SOON OP TRUST ME

>> No.15042215

>>15040275
What do you think of my plan
I only hold coins that utilize Proof of work.
With no ICO , no premine , and fair distribution on their tokens and decentralization being the core tenant of the network.

>> No.15042226

>>15042066
SENT IS ABOUT TO TOKEN SWAP AND THERE WILL BE NO PLACE TO SELL IT. EXIT SCAM

>> No.15042238

>>15038900
>>15038431
Please monetize these things.

>> No.15042306

>>15042215
would be a great plan if markets were based on rationality

>> No.15042343

>>15040721
You... you were just picking one?
Holy hell, nu /biz/

>> No.15042388

>>15042343
I didnt "literally"mean close my eyes and pick a rando one but id see which coins where being talked about and do a little research and go with it.

>> No.15042489

>>15042388
I mean, unless you actually have the time to look through 20 projects a day, that's typically your best bet. Not at all because the ones people talk about will always be good, but because the ones people mention are the ones that people know about. From there, you can build a foundation for what might work and what won't work in the crypto world.
For someone that's just starting out and doesn't have much money in it, this basic system helps enough in the beginning to get you started.
Still, if you're doing this after a few months or if you're up to tens or hundreds of thousands, you're probably just a lucky idiot.

>> No.15042529

>>15042489
you got the idiot part right, now just to get lucky

>> No.15043651

>>15040275
BRAPPER is ideal.

>> No.15044748

>>15042226
get a job . u cannot fud sent anymore. the real SENT CHAD destroyed all beta fud.
>>15044026