/biz/ - Business & Finance

>>15539207
Dude just buy link

>>15539224
I already have like 1k usd in link. Time to diversify a little. 1k is an okay amount and you never really know if other coins will yield better rois and at a faster rate.

>>15539224
>dude just donate money to 10 guys who own 65% of the supply and built a product with 0 users

>>15539319
Oh stop with the retarded fud already

>>15539207
With that little money you can't afford to diversify..

OP I don't even have $300 to invest. I've been barely surviving my entire life.

>>15539369
Thing is I expect the coins I throw money to explode (like 3x+). Some might or might not. I'd be happy being able to turn 1k into 3k and then go from there.

>>15539369
Just imagine this. Imagine I threw 2k into 1 coin amd it x2d while the other coin I WAS going to throw money at but didn't x10d. I just lost 8k in terms of opportunity cost.

>>15539207
Just put it in BTC, diversifying is a meme.

>>15539452
You will fail miserably with your investment decisions

>>15539207
put all of your money in link and hold for october

>>15539452
>>15539464
>planning on all of them going up
Yikes.
Over the past year literally the only alt that went up was link. The real opportunity cost was not holding the one good alt. There was literally no reason to buy any other alt.

>>15539524
Okay? It's not like it will be a bear market forever.

>>15539292
So you're fine with just a suicide stack? At least double it or something geez

>>15539491
Na. If I bought now, btc would have to basically go to 22k just so I could get a x2. That's bullshit and pointless.

>>15539494
Let me guess. I should buy gold instead?

>>15539501
Maybe I'll throw more on link later, but not now. Every time I buy a few,it starts to dump. I'll just hope for 5 dollars eoy and sell then (maybe not the whole stack, but most of it. Like 90% of it).

>>15539558
My job pays shit. Only so much money I can throw. It took me 3 months and in that time, I've only been able to save like 3.5ishk

>>15539561
>btc would have to basically go to 22k just so I could get a x2. That's bullshit and pointless.
Dude, you only have 2k, it's clear as the sky that you don't know what you're doing. Wake me up when you still won't buy BTC at 100k and looking for alt moonshots.

>>15539703
>Dude, you only have 2k, it's clear as the sky that you don't know what you're doing.
That is by far the most retarded reasoning I've ever heard.
>Wake me up when you still won't buy BTC at 100k and looking for alt moonshots.
You're an idiot if you think buying btc at this point and just hodling it is all that smart. I bet you just bought btc in robinhood and don't know how to buy alt coins.
>100k btc
You're delusional.

>>15539851
You pitiful 2k poorfag, can you even afford food. I never bothered with alts except for ETH, BTH and some LTC, which is only 5% of my Portfolio and they're a bigger net drain than my BTC. Alt portfolios were all btfo and many will never get their BTC back. 100k is more probable than your alt coin going to the moon, it's still a gamble like the whole crypto scene. BTC holders are the only ones who survived crypto winter.

>>15539936
>100k is more probable than your alt coin going to the moon
Bullshit. You're basing this off of? At the very minimum, you can see what analysts say online for estimated rois.

In your scenario, btc would 9x if you bought at 10k. In what, like 2 years? Fuck off. Altcoins can outperform that.
Only way I'm buying btc is if it dumps in around the 3-6k range again.

If you can buy 1 or 2 btc right now and let's pretend that you had 20k to throw, okay. Cool. If you don't have that much to throw however, it's pointless and you're better off buying alts.

>>15539936
Also, give me just ONE reason btc will moon to 100k. Don't just say retarded bullshit.

>>15539387
Snap, approaching 30 and everyday I feel a littke less hope and a little more depression

>>15539524
bnb too but fair point

>>15539851
i was pulling for you but now i see you’re a brainlet and aggressively so. listen to people smarter than you or you will stay poor.

>>15539207
>Your current $100 investment may be up to $5,498,487,475 in 2024

>>15540489
Retard. So far all you've said was "btc will go to 100k. Just take my word for it. Me smarter than you". You're literally retarded and delusional.

>>15539292
1k usd of link is not even a suicide stack.
Oh boy see pic related. Think you’re smarter than all of /biz/ combined? Naw you’ll be picking the ones in the red, the probability of it guarantees you will lose money with the diversification meme.

Diversification is only useful if you are willing to give yourself a dollar to research time requirement ie 10 dollars is equal to 30 minutes of research, or any number really but stick to it.
Also, diversification is stupid when the ones that do well will literally drain the value of the alts that aren’t doing well (people jumping for the moonshot).
I shouldn’t even be feeding you this much, shitcoin projects like prodeum were made for people like you. You should diversify into prodeum lol.
Prodeum is a perfect example of how teams exploit the diversification meme, a few hours of research (lithuania ahem) should have turned people off.

>>15540527
Lol think about what they said tho. 2024 they expect it to go to 5707. They actually expect it to go higher in a years time (so they expect it to dump afterwards).

(277779.2-.0001038)/.0001038 = x2,676,100,191 LOOOOOOL

Again tho,they rate their estimate as E- so it's probably bullshit. Could you imagine tho? Lmao

>>15539561
Nearly everyone who thought they could do better trading than just holding btc or link has been btfo, and this includes people who treat this shit as their day job.

>>15540561
I am looking to make capital first so I'm not gonna throw it all on one coin. Plus let's say link goes to 5 dollars eoy. I bought some at 2.19 and 1.92 since when I thought it bottomed out, it kept dumping. Anyways, let's just say 1.92 for all of them.

(5-1.92)/1.92 = 1.6x my investment. Like... no. I'm not gonna throw more since I don't actually expect it to go much higher. It doesn't look smart to buy a shitton of link at these prices. My main purpose in the first place was to swing trade it since it was oscillating a lot. Of course just when I bought, it stopped oscillating at the same prices. I'm too late in the game to make big gains with link.

>>15540597
>Nearly everyone who thought they could do better trading than just holding btc or link has been btfo
Jesus you sound dumb. You sound lile those retards that think they are an intellectual when they are actually just dumbass brainlets. Just look at link a couple months ago. It wasn't even a dollar. Guess what?
It was 0.196705 usd 52 weeks ago. It went to 4.54 usd.

(4.54-.196705 )/.196705 = 22.08x

Btc 52 weeks ago vs if you sold at it's peek during these 52 weeks =

(13,796.49-3,191.30)/3191.3 =3.32x

You're full of shit.

>>15540597
Well, you mentioned link (which is dumb since at first you were talking shit about alt coins) but other coins have performed well to. I'm not doing your homework.

>>15540561
Stop posting misinformation. Chainlink has not returned such a high ROI since the mega dumping. Chainlink is a verified scam.

>>15539207
Just open a 10x short on Link and you will have 5x your money in a months time guaranteed

>>15540646
I don’t assume I’m smarter than you, but since you want to be a dick I’ll be a dick. You’re income is pathetic if you are a burger and I doubt you’re smarter than me if you only have 3k to put into crypto. I am smarter than you in many ways, see I can say baseless shit too.
>“It's not like it will be a bear market forever.“
You want to be a trader right? You know your counterparties are making money in this bear market right?
And if you are a burger you better keep meticulous accounts, a friend of mine who is going a little senile got an IRS bill for around 600k, and he didn’t keep his records straight and only got the bill down to 300k. Just keep records and pay taxes and you’ll be fine in burgerland.
For me, regular swingtrading not based on hype/news cycles isn’t lucrative compared to just working on my real world sources of income. Think of swingtrading like time-consuming labor

Even though you were a dick, here’s a tip for small initials, just margin trade a few projects/currencies whose news, regulatory, and tech developments you closely track. Diversifying and waiting for moons was davincij15’s approach and can work but there are very few 2017 alts that are even alive. The gains aren’t that good compared to longing and shorting btc just using the open shorts vs. longs as your primary indicator.

Call me a brainlet all you want, I’m not the one that plans swing trades around multiples instead of fundamentals or news.
If you wanna do the multiples and diversification route look up davincij15.
Or, a few well timed longs or shorts on margin with tight stop losses opened before widely known news will be less work for you. I was trying to provide some good food for thought but you’re a dick who thinks they’re smarter than their counterparties. Enjoy going back to work tomorrow wagie.

>>15540883
Edit: my friend isn’t in crypto so it was easy for them to fuck him, but the new tracking software is going to fuck a lot of anons in the future.

>>15540657
Cute fud
I didn’t mean to misinform, my point was to show that all of those in the red outnumber those in the green. The ones still above their 2017 ath are few, 2018 shitcoins are a better bet for diversification, pre 2017 coins have had the time to prove their fundamentals or pleasantly surprise us like bnb (which was not a surprise given how big binance was jan 2019 and how low bnb was).

OP, if you are gonna swing trade, start a business in your country that will separate your swingtrading stack from your personal assets including your longer term holds. That way you can swing your longer term trades and save big when the tax man comes knocking.

all in FTM

>>15540883
Your time is wasted on this poornewfag who is planning to diversify 50% of his poorfolio into shitcoins based off of some random websites 2024 forecast and you can tell he's new by his Link buy prices and obvious lack of understanding of shitcoins in 2017. Just let him get rekt and maybe by the time the $1k the puts into Venus Pluto Vision™ ThorNode Ultra™ becomes worth $50 he will no longer be suffering from such dunning-kreuger.

>>15541240
Yea I realized that now. I also don’t mean to shit on people struggling to make good money, just ones who think they’re too good for some friendly advice.
Poorfags can make it, but you’re right, pompous poorfags deserve to stay poor.

>>15541240
>Venus Pluto Vision
Fucking kek you sum up shitcoins so well

>>15540883
>I don't think I'm smarter than you
>I'm smarter than you btw!
Fucking kill yourself.
>>15541240
How much have you mad on crypto? So all coins I buy are going to shit cause you say so? You're an idiot too. Tell me exactly why I'm fucked? Oh wait, you don't even know what coins I'm buying, dipshit. Retard.
Also, okay. I shouldn't base some of my thoughts on analytical websites? Okay. What the FUCK should I base price estimates on? Shut the fuck up. You probably aren't any bit successful yourself.
>>15541345
Pompous... that's rich coming from am elitist faggot.

>>15541096
I have some on FTM too.

>>15540883
Also, dipshit, I assume your the same guy I was arguing with above and maybe your out and that's why your ID changed.

I find it funny how your dumbass actually said btc is going to 100k without fucking backing it up. You were shitting on alt coins too but cherrypicked link as an example of one that had a good return. You're a fucking moron pseudo intellect.

>>15540883
Also, 2k is not great, but can still yield decent results but nooooo. All coins I buy will magically dump, huh? Fucking retard logic. You offered 0 advice and are just a dumbass that is delusional enough to think they are some financial genius.

>>15540883
Also,okay. How much have you made longing and shorting btc and in what time frame?
State a timeframe of your rois or you're just an idiot giving advice for something they have 0 understanding on.

>>15540883
Lastly, not my choice to have a shit job as most jobs in america pay straight up shit even with a degree. Elitist faggot. Fuck off for thinking you can't make money with a couple thousand.

>>15541240
What part of what I said was "dunning krugger"? I am opem to advice of people that can actually back up their advice. Another pseudo intellect.
Have you even made shit from crypto? Are you even in a pposition to talk? Again, tell me why buying say 2 coins 1kusd of each will AUTOMATICALLY lead to lost money? Because some retard (you) says so? Back it up. Don't just say shit. BACK IT UP or sit down, clown

>>15541240
Lastly for you, who's the real victim of the dunning krugger effect?
Me or you (a person that thinks they know more than analysts "just because")?

>>15540561
Wait, you're not the fag above. Your this one.

Lol okay. Why the fuck should I go all in link, faggot? Give me price estimates and a timeframe and back it up to show you're not a psuedo intellect.

>>15540561
>>15541240
Fags. I'm talking to you. Cmon pseudo intellects. Show us your big brain. Scared cause I called you retards out?

>>15539207

What site is this?

>>15542810
>>15542793
Just google the coin and then the word "prediction"or forecast. You'll find it like that.

>>15542073
>>15542086
>>15542104
>>15542110
>>15542124
>>15542139
>>15542153
>>15542165
>>15542197
>>15542793
calm down buddy. invest in yourself

>>15539207
bad idea. wait until $4K BTC or less.

>>15539335
it's still $1.80 and sergey still has 640 million to derisk and still zero users

>>15540610
you actually have no idea.
link will eventually reach 1k each
its a meme, but at the same time, it's not even a meme, it's unironically fud

>>15542877
>it's still $1.80

Imagine using this as fud when it was 40 cents 6 months ago.

>>15542197
>Why the fuck should I go all in link, faggot? Give me price estimates and a timeframe and back it up to show you're not a psuedo intellect.
> muh price estimate
>gib me pry esthimatt
Omg the last guy like you was all about holo, anyone remember him? For one day, I have to find the thread it was golden, it’s like a mix of hypebeast air pod buying jordan wearing idiot and BRAINGANG GOOD GUY levels of dunning kruger.
You ask to be spoonfed, and it’s funny that you were the one earlier telling people to not ask you to feed them.
Also you schizo I was not the one to say btc 100k, but I won’t give you my opinion on that either. I gave you loads of useful starting information, you fired the first shot, but I see I hit you where it hurts. People’s fixations are usually things they in some way feel or think they do not have enough of, which could explain your always reverting to the topic of intellect.
I thought you were a troll but your attempts to reengage are really pitiful. You are like an angry version of BRAINGANG GOOD GUY.
In all seriousness OP, buy dragonchain.

>>15542986
and eth was 1300 a year and half ago, and like eth, your bear market is just starting

>>15542073
>>15542104
>>15542110
>>15542153
you are so fucking stupid holy shit

>>15543057
so far, all I can gather is that your a pseudo intellectual. You are not knowledgeable. You are saying you are "keeping your secrets" when in truth, you dont know shit and are trying to save face lmaoo

>>15543168
>no u
seriously. Fuck you for your weak ass argument

>>15543057
>not the 100k btc guy
i acknowledged that in a subsequent post, you illiterate retard

>>15543057
you have WEAK as shit arguments against me too lmao. My investments will fail when you dont even know what crypto i'll buy. What a fucking tard. Pseudo intellects are the fucking worse.

>>15543187
you sound like you’re fucking new and will lose your entire poorfag stack. this thread is full of people giving you good advice. take a moment and consider the possibility that maybe you don’t have all the answers. or stay poor, i’m not too bothered either way.

>>15539207
If you're poor there is no point in diversifying. Do your research and pick the single best project to go all into.

That project unironically; is Chainlink. Diversification is for the preservation of wealth, not the generation of it.

>>15543216
>you sound like you’re fucking new and will lose your entire poorfag stack.
okay. Why? What crypto am I buying? Ill wait, retard.
>this thread is full of people giving you good advice. take a moment and consider the possibility that maybe you don’t have all the answers. or stay poor, i’m not too bothered either way.

lold. Literally the only pieces of advice were to short and long bitcoin or go all in link. Fucking idiot. Dont make it seem like it was a plethora of knowledge.

>>15543220
thing is I believe in a few crypto. If I go all in one, I might get less roi by not choosing another crypto that pumps harder. I disagree that diversifying cant generate more money. I get it if its say just 100 dollars, but 1k a crypto isnt the worst. If it pumps, it becomes more capital I can work with. What if I go all in link and it never pumps hard? Id been better off going for another crypto.

>>15543232
k. stay poor.

>>15543253
how rich are you again? :)

>>15543264
orders of magnitude more than you

>>15543250
It depends on how you invest really. I don't think it's sustainable for long periods of time to effectively "time the market" especially in crypto so the solution really is to find the project with the highest percentage potential from the time of your investment along with how long until it's developed.

Let's say LINK tokens are worth $100 after 5 years and a bitcoin is worth $500K hypothetically. This would mean your ROI for LINK is about 5500% or so, whereas BTC from current prices would be under 5000%. Granted at these levels it probably wouldn't matter too much since you'll be too busy snorting fat lines of coke in the shape of a hexagon off a hooker's ass to care, but assuming these are the options in the future I would rather go for the larger ROI.

The other factor is the likelihood at which both options happen. I don't doubt BTC will go up significantly, especially after the upcoming halving and recent expansion (chart related). However I personally believe based off what I've researched that LINK will have superior longterm success to BTC due to the very nature of what it's trying to accomplish and all of the factors that give it value.

At the end of the day nobody REALLY knows where all of this will go, but one mindset you can't have in crypto is "what if coin _____ continues to pump?" because that's what the pajeets shilling pump and dumps to you want you to think. The only projects that will survive in crypto now are going to be legitimate ones. Shitcoins won't even see a 5X outside of maybe a few stragglers going from obscurity to an exchange launch (IE matic, harmony ONE, etc) After these launch they always bleed out and fade into oblivion. As far as I can see there are only two methods to win in this market; fall for the HODL meme and buy a coin that has actual use, or get obscenely lucky trading.

>>15543278
k larper. How old are you?

>>15543336
Your assessment is sound, but the next question i have is how can you tell a good project from a shitty scam one? If you were to go all in on one project? How do you know your research isn't faulty?

>>15542139
>He fell for the job meme
>thinks he’ll find the next antshares in his off hours
> all by himself